Airbnb & VRBO Performance in Miami Lakes Florida.

Short-Term Rental Regulations in Miami Lakes, Florida for 2024

Licensing and Permits

• Special Event Permit: Property owners must apply for a Special Event Permit from the Town of Miami Lakes to operate a short-term rental. The application involves submitting details about the property, the number of bedrooms, and the maximum occupancy intended.
• Business Tax Receipt (BTR): Hosts may be required to obtain a Business Tax Receipt (BTR) from the Town of Miami Lakes to comply with local taxation laws for short-term rental operations.
• Florida Department of Business and Professional Regulation (DBPR) License: Hosts must obtain a DBPR license if they rent their property more than three times in a calendar year for periods of less than 30 days.
• Florida Department of Revenue Registration: Hosts must register with the Florida Department of Revenue to collect and remit applicable taxes, such as state sales tax and local tourist development taxes.

Operational Requirements

• Occupancy Limits: The number of occupants is limited based on the number of bedrooms, with specific restrictions imposed by the town.
• Off-Street Parking: Adequate off-street parking is required for short-term rental properties.
• Noise and Disruptive Behavior: Prohibitions on excessive noise or disruptive behavior are in place.

Compliance and Enforcement

• Designated Responsible Party: Hosts must designate a responsible party who can respond to emergencies 24/7 and provide this contact information to guests and local authorities.
• Advertising Requirements: Any short-term rental advertisements must include the vacation rental license number and maximum occupancy.
• Fines and Penalties: Failure to comply with regulations can result in fines or penalties imposed by the town or state authorities. Repeat violations can lead to license suspension or revocation.

Additional Regulations

• State and Local Taxes: Hosts must collect and remit the 6% Florida state sales tax and any applicable local tourist development taxes.
• Inspections and Compliance Checks: While not explicitly mentioned for Miami Lakes, some Florida cities may require property inspections to ensure compliance with regulations.

General Compliance

• Local Ordinances: Property owners must comply with all local ordinances and regulations set by the Town of Miami Lakes. Non-compliance can lead to enforcement actions, including fines and penalties.

Top Neighborhoods Generating Airbnb Revenue in Miami Lakes, Florida

1. Miami Lakes Proper

• Appeal: Miami Lakes is a serene and family-friendly area with numerous lakefront properties, many of which offer amenities like pools, kayaking, and paddleboarding. Guests appreciate the peaceful atmosphere, native wildlife, and easy access to local restaurants, shopping, and entertainment.

2. Pompano Beach

• Appeal: Although technically outside Miami Lakes, Pompano Beach is often included in the broader area due to its proximity. It offers luxurious waterfront homes with heated pools, hot tubs, and tiki huts. The area's appeal lies in its modern furnishings, spacious living areas, and close proximity to beaches and local amenities.

3. Victoria Park

• Appeal: Victoria Park is known for its resort-style homes with large pools and hot tubs. Guests are drawn to the professionally designed decor, fully stocked kitchens, and the convenience of being just a few minutes from the beach and downtown areas. High-speed internet and pet-friendly policies add to the appeal.

4. Hollywood Lakes

• Appeal: This area offers modern and newly renovated homes with heated pools, large patios, and contemporary decorations. Guests like the family-friendly environment, the availability of pool chairs and grills, and the strict noise policies that ensure a peaceful stay.

5. Rio Vista

• Appeal: Rio Vista is appealing due to its waterfront homes with pools, BBQ grills, and dock access. The area is close to downtown Las Olas Boulevard and the beach, making it ideal for those seeking both relaxation and easy access to local attractions.

Why These Neighborhoods Are Appealing

• Natural Beauty: Many of these neighborhoods offer lakefront or waterfront properties, providing guests with scenic views and opportunities for water activities.
• Amenities: High-rated rentals often include pools, hot tubs, fully stocked kitchens, and high-speed internet, making them comfortable and convenient for guests.
• Location: Proximity to beaches, downtown areas, and local amenities such as restaurants and shopping centers is a significant draw.
• Family and Pet-Friendly: Many properties are designed to accommodate families and pets, making them ideal for a wide range of travelers.
• Cleanliness and Safety: Guests consistently rate these areas highly for cleanliness and safety, ensuring a pleasant and secure stay.

Tips for Furnishing and Design of an Airbnb in Miami Lakes, Florida

To create an inviting and stylish Airbnb in Miami Lakes that reflects the city's unique vibe, consider the following tips:

1. Embrace Tropical and Sophisticated Aesthetics

• Incorporate bright colors, natural materials, and coastal themes to align with Miami's tropical yet sophisticated style. Use mid-century modern pieces alongside contemporary designs to create a unique blend.

2. Create a Memorable Entry

• Add a bold, memorable feature at the entry, such as wallpaper or a large, colorful piece of art above the console table, to grab guests' attention and set the tone for the rest of the property.

3. Enhance Bedrooms for Comfort and Style

• Add wallpaper to the headboard wall and install large velvet curtain panels to maximize light control and create a cozy atmosphere. Update lamps, add rugs, and upgrade corner chairs to make the rooms more photographable and appealing.

4. Invest in High-Quality Furnishings and Amenities

• Use high-quality bedding, towels, and furnishings to ensure guest comfort. Modern amenities like smart TVs and high-speed Wi-Fi are essential for attracting tech-savvy guests.

5. Optimize Outdoor Spaces

• Since Miami Lakes is known for its warm climate, ensure outdoor spaces are inviting. Add features like pool access, outdoor kitchens, and comfortable seating areas to enhance the guest experience.

6. Ensure Functional and Stylish Kitchens

• Equip kitchens with modern conveniences to make them functional and appealing. A well-stocked kitchen ready for gourmet cooking can be a significant selling point.

7. Comply with Local Regulations

• Ensure the property is well-maintained, clean, and equipped with essential amenities. Obtain necessary permits, such as the Special Event Permit, and adhere to occupancy limits and other local regulations.

8. Incorporate Local Art and Botanical Elements

• Add local artwork and botanical elements to connect guests to the area's rich cultural scene and enhance the overall feel of the property.

9. Layer Window Treatments

• Use a combination of wooden blinds and thick velvet curtains to maximize light control and create a more inviting atmosphere in bedrooms.

10. Focus on Guest Satisfaction and Practicality

• Design spaces that are both aesthetically pleasing and practical for short-term stays. Ensure each room is optimized for comfort and functionality to enhance the guest experience.

Discovering Miami Lakes: Local Attractions and Insider Tips for Airbnb Hosts

Local Attractions

Dining and Shopping

• Main Street: Experience fine dining, shopping, and entertainment in a quaint ambiance with old-fashioned lamps, colorful striped awnings, and brick sidewalks. Enjoy a mix of culinary flavors, from Asian fusions to Spanish spices and comfort dishes.

Parks and Nature

• 99 Parks and Tot-Lots: Explore the numerous parks and green spaces within walking distance of every neighborhood. Highlights include Miami Lakes Optimist Park, Veterans Park, and Royal Oaks Park.
• Amelia Earhart Park: A 515-acre park featuring running and bike trails, playground areas, an 18-hole disc-golf course, and a five-acre dog park. Also, visit the Bill Graham Farm Village for a taste of old Miami-Dade homestead life.
• Garden of the Arts: Enjoy South Florida flora, local art, statue installations, expansive murals, and a mini-amphitheater. Open daily from 7:00 AM to 8:00 PM with no admission fee.

Entertainment

• Main Street Players Theater: A local performing arts space producing live theatrical events. Check out their schedule for community talent and volunteer-driven shows.
• CMX Theaters: Catch the latest movies in a state-of-the-art cinema located in the heart of Miami Lakes.

Sports and Leisure

• Shula's Golf Course: An 18-hole, par-72 championship golf course named after the famous Miami Dolphins coach Don Shula. Also, home to the original Shula's Steak House.
• McDonald Water Park: A family-friendly water park with a lazy river, wave pool, and splash zone for kids. Perfect for a fun day out.

Cultural Institutions

• Veterans Memorial: Visit the unique indoor veterans memorial at the Royal Oaks Park Community Center, featuring a 50-foot-long mural and other artistic elements.

Insider Tips

Getting Around

• Public Transportation: Miami Lakes is serviced by several Miami-Dade metrobus routes, including the 37, 54, and 75. This makes it easy to travel to nearby areas without a car.

Events and Festivals

• Annual Festivals: Check out the Fourth of July Concert and Fireworks Show, Main Street Festival of Lights, Miami Lakes Food and Wine Festival, and the Veterans Day Parade, among others.

Local Favorites

• Miller’s Ale House: Known for its wide variety of beers, craft cocktails, and the famous “Zingers” boneless chicken. Also features theme nights like Salsa Night Wednesdays and DJ nights on Thursdays.

Accessibility

• Proximity to Major Areas: Miami Lakes is relatively close to Downtown Miami, making it a great base for exploring other parts of the city without the hustle and bustle.

By sharing these attractions and tips, you can enhance your guests' experience and make their stay in Miami Lakes truly memorable.

Practical Tips to Run a Successful Short-Term Rental Business in Miami Lakes, Florida

To ensure the success and compliance of your short-term rental business in Miami Lakes, Florida, several practical tips are essential:

Noise Regulations and Guest Communication

Inform your guests about the quiet hours and noise regulations enforced by the Town of Miami Lakes. Clearly outline these rules in your listing and include them in both digital and physical house manuals to avoid any disruptions or potential fines.

Comprehensive House Manual

Create a detailed house manual that includes essential instructions, Wi-Fi passwords, and other important information. This manual should be both digital, accessible through a shared link or app, and physical, placed prominently in the rental property.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos to help them navigate any specific steps.

Parking Instructions

Ensure that you provide clear parking instructions, accompanied by photos, to help guests understand where and how to park their vehicles. This is particularly important given the town's requirement for adequate off-street parking.

By adhering to these tips, you can enhance the guest experience, maintain compliance with local regulations, and ultimately run a successful and hassle-free short-term rental business in Miami Lakes.

Here is a brief list of house cleaning services in Miami Lakes, Florida:

House Cleaning Services

• Aloha Maids: Offers house cleaning services with the option of a flat rate, depending on the number of cleaners needed.
• Molly Maid of Greater Miami: Provides customized cleaning plans, no contracts, and a 24-hour warranty. Their services are backed by the Neighborly Done Right Promise.
• Squeaky Clean House: Specializes in post-construction, move-in, move-out, and hoarding cleanup. Offers 24/7 online booking.

Additional Resources

• Angie's List: A platform that lists and reviews top-rated house cleaners in Miami Lakes, FL, based on user feedback.
• Thumbtack: A service that provides a list of the best house cleaning services in Miami Lakes, FL, as rated by the local community.

Miami Lakes, Florida: Understanding Short-Term Rental Management Fees

In Miami Lakes, Florida, the fees for managing short-term rental properties can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. This type of management is ideal for out-of-town investors or those who want a hands-off approach, but it comes with a correspondingly higher fee.

On the other hand, basic services that may only include tasks like rent collection and minimal maintenance can cost less. Additionally, property owners may incur extra fees for services such as cleaning, repairs, or design enhancements. Understanding these fee structures is crucial for property owners to make informed decisions and ensure their short-term rental operations are both profitable and well-managed.