11 Vacation Property Managers in North Miami, FL, USA

About the North Miami Short-Term Rental Market

North Miami, located in the heart of Miami-Dade County, Florida, has emerged as a premier destination for vacation rentals. Boasting stunning beaches, a vibrant cultural scene, and easy access to the attractions of Miami and Miami Beach, North Miami has become a sought-after location for travelers seeking a blend of relaxation and urban excitement.

Performance Benchmarks for North Miami Vacation Rental Managers

The North Miami vacation rental market has seen impressive growth in recent years, driven by the area's enduring appeal as a vacation destination. According to data from Comparent, the average daily rate (ADR) for short-term rentals in North Miami currently stands at $282, with an average occupancy rate of 75%. This translates to an average monthly income of $5,458 for vacation rental owners, making North Miami a lucrative market for property investors.

Airbnb and VRBO, the leading vacation rental platforms, have a strong presence in North Miami. Airbnb listings in the area boast an average rating of 4.8 out of 5 stars, with over 66% of properties earning a rating of 4.5 or higher. On VRBO, North Miami vacation rentals enjoy an average rating of 4.7 out of 5 stars, further underscoring the high-quality accommodations and exceptional guest experiences available in the market.

(Refer to the Market Overview section for more detailed performance data and insights.)

How Competitive is the North Miami Property Management Market?

The North Miami vacation rental market is highly competitive, with a diverse array of property management companies vying for a share of the market. According to Comparent's research, there are currently 1,593 active vacation rental listings in North Miami, reflecting the strong demand for short-term accommodations in the area.

Key Players in the North Miami Rental Market

PMI Magic City

PMI Magic City is a full-service real estate asset management company that provides professional short-term property management services in North Miami and the surrounding areas. With a focus on marketing, accounting, and cutting-edge technology, PMI Magic City helps vacation rental owners maximize their returns and provide exceptional guest experiences.

HeartHomes

HeartHomes is a dedicated Airbnb management company serving the North Miami Beach area. They offer a comprehensive suite of services, including interior design, listing management, guest care, pricing optimization, and more, to help property owners succeed in the short-term rental market.

Go Summer

Go Summer is a vacation rental management company with a strong presence in North Miami. They specialize in managing properties on platforms like Airbnb and VRBO, handling everything from marketing and bookings to cleaning and maintenance.

Awning

Awning is a full-service property management company that serves the North Miami area. They offer a range of services, including listing optimization, dynamic pricing, and 24/7 guest support, to help vacation rental owners maximize their returns.

By understanding the performance benchmarks, competitive landscape, and key players in the North Miami vacation rental market, property owners and investors can make informed decisions and position their properties for success in this thriving short-term rental destination.