🏖️
Miami Short-Term Rental Investment: How to Analyze an Airbnb Deal with DSCR Financing
2026-03-29 · 10 min read
The STR Opportunity in Miami
Miami sees over 25 million tourists annually with no true off-season. Properties in the right locations generate $4,000–$8,000/month STR income vs $2,200–$3,200/month long-term.
STR-Friendly Zones vs Restricted (2026)
✅ STR Allowed
- Unincorporated Miami-Dade
- Miami Beach (specific zones)
- Brickell (certain buildings)
- Homestead area
❌ STR Restricted
- Coral Gables
- Pinecrest
- Miami Shores
- Most HOA condos
Financing STR with DSCR Loans
Most DSCR lenders in 2026 accept documented Airbnb/VRBO income (12 months of statements), use 75% of average monthly STR income for DSCR, and finance up to 75% LTV.
Use SpillDeals to see the long-term rental floor for any address — if LTR math barely works and you're relying on STR upside, that's a risk you need to consciously choose.