Single-Family Homes Miami

Miami Beach single-family homes

Single-family in Miami Beach is split: most addresses enforce a 6-month minimum lease (mid-term play), specific STR-zoned pockets allow daily rentals. We surface the live inventory and tell you which side of that line your prospect is on before you write an offer.

Mixed
STR rules vary by address
0 HOA
SF only
Live
MLS inventory below

Investment thesis

Why single-family beats condos for serious investors

Three reasons single-family STR investments outperform condos on every cash-flow metric.

01

No HOA, no rules, no surprises

Condos charge $700-$2,400/mo HOA and impose rules that change without notice. Houses have $0 HOA, you set the rules, and special assessments only happen if YOU decide to renovate.

02

Real Cutlass numbers: $183k/yr STR

Steve's Cutlass property (4BR/3BA, North Bay Village) delivered $183,000 STR revenue in 12 months at 68% occupancy and $738 ADR. That's 2x what most Brickell condos produce.

03

Waterfront + zoning advantage

North Bay Village is built on 3 islands in Biscayne Bay — waterfront homes under $1M still exist here, 10 min to South Beach. Single-family zoning protects against future HOA-style restrictions.

Cost & rules

HOA fees and rental rules

Costs structure is fundamentally different from condos — no HOA, but higher property tax and insurance. Net result: more cash flow.

Monthly fixed costs

HOA / Condo fees$0 — none
Property tax (1.5-2% of value)~$22k / yr on $1.4M house
Insurance (flood + windstorm)~$8-12k / yr (waterfront)
Maintenance reserve (1%)~$14k / yr
STR licensing & tax13% of revenue
Capital flexibilityAdd pool, dock, ADU = increase rev

Rental rules

Daily rentals allowed in North Bay Village + North Miami (no condo HOA can override)
Maximum control — set your own check-in, pet policy, party rules
Add a pool / dock / ADU to increase revenue (Cutlass has heated pool + jacuzzi)
Waterfront properties — 4.75 miles of waterfront in North Bay Village
Higher capital required — typical entry $850k-$2M+ vs $300k condo
Hands-on management required (or hire property manager at 20-25%)

Live MLS · refreshed nightly

Active Miami Beach listings

The 12 most recently listed Active single-family homes in Miami Beach. Click «Run Analysis» to model the deal in our simulator.

Real Cutlass performance — Steve's house portfolio

The numbers that matter

Real numbers from Steve's Cutlass property managed through Guesty over 12 months. House STR economics fundamentally outperform comparable condos on a $/sqft basis.

$738
Real ADR (Cutlass)
68%
Real occupancy
$502
RevPAR (real)
$183k
Annual revenue
$96
Revenue per sqft

Source: Steve's Guesty P&L · Cutlass (7552 Cutlass Ave) · 12-mo trailing May 2025 to April 2026. House revenue/sqft consistently 2-3x condo revenue/sqft in same zone.

ROI projections

Year-1 returns by unit type

House investments have higher purchase prices but lower fixed costs (no HOA). Cap rates often beat condos because revenue scales with space/amenities, not floor count.

Unit typePriceSTR revHOA/yrNOICap rate
NBV 3BR (median)$1.1M$130k$0$78k7.1%
NBV 4BR Cutlass$1.38M$183k$0$112k8.1%
NBV 5BR waterfront$2.5M$250k$0$155k6.2%

Buy + run · one team

Turnkey mid-term management after you buy

Miami Beach single-family STR rules vary by exact address — most enforce 6-month minimums, specific zones don't. Property Management Brickell LLC (BlueBay's sister entity) runs mid-term and corporate rentals where required, STR where legal — we confirm zoning before listing anything.

01

Listing & pricing

Multi-channel listings (Airbnb 30+, Furnished Finder, corporate housing platforms) with dynamic pricing tuned to school-year, sports, and Art Basel demand cycles.

02

Guests & ops

Guest screening, contracts, check-in coordination, cleaning between stays, maintenance triage. Single point of contact for every issue.

03

Owner reporting

Monthly P&L statement, occupancy & ADR vs. comp set, tax-ready ledgers (Florida sales/tourist tax filed on your behalf where applicable).

04

Aligned incentives

Management fee is % of revenue, not a fixed retainer. We earn more when your home performs better — same numbers Steve hits on the units in his own portfolio.

Property Management Brickell LLC · Florida licensed · Working alongside BlueBay Brokers since [year]. Pricing and scope discussed during your strategy call.

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What you get: Personalized shortlist · MLS + off-market · Comp sales · Seller financing options where available.

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