Best Airbnb Property Management Companies in Miami, Florida

Miami's Airbnb market is thriving, and local property management companies play a crucial role in helping hosts maximize their investments. Here's a curated list of Miami's top local Airbnb management companies, each bringing unique strengths to the table.

Top 10 Property Management Companies in Miami

MasterHost

Operating since 2015, MasterHost has established itself as a leading force in Miami's Airbnb scene. With over 300 properties under management and competitive fees starting from 10%, they excel in comprehensive services including pricing optimization, cleaning, and 24/7 guest support. Their data-driven approach to pricing has consistently delivered strong results for property owners.

MasterHost Features and Services

• Dynamic Pricing Optimization: Utilizes Big Data analysis, seasonality tracking, and local event monitoring to maximize revenue potential. The system continuously adjusts rates based on market demand and competition.
• Multi-Channel Distribution: Creates and manages listings across major platforms including Airbnb, Booking.com, VRBO, and TripAdvisor. Each listing is optimized for the specific platform's algorithm.
• Professional Photography: Arranges professional photo shoots to showcase properties in their best light. The service includes staging consultation and optimal shot selection for maximum listing impact.
• 24/7 Guest Support: Provides round-the-clock guest communication and emergency response services. A dedicated team handles all guest inquiries, check-ins, and maintenance requests.

Why We Like MasterHost

Their licensing support service stands out, offering comprehensive guidance through Miami's complex short-term rental regulations and ensuring full compliance with local laws.

MasterHost Pricing and Fees

MasterHost offers three distinct pricing tiers for Miami Airbnb hosts. Their Basic plan starts at 10% per booking, covering essential services like guest communication and listing management. The Premium package at 15% includes additional features such as priority response and concierge services. Their Full-Service plan at 12% offers a comprehensive solution with Airbnb licensing support and insurance consulting. All plans include cleaning fees charged separately, starting at $28 for 0-1 bedroom apartments, $50 for 2-3 bedrooms, and $60 for 4+ bedrooms.

MasterHost Pros and Cons

Pros:

• Established track record since 2015 in Miami, demonstrating deep market knowledge and proven success with over 300 properties.
• Comprehensive licensing support service that helps navigate Miami's complex short-term rental regulations.
• Advanced pricing optimization using Big Data analysis and local event monitoring for maximum revenue.
• Transparent fee structure starting at 10%, one of the most competitive in Miami.
• Professional cleaning team with hotel-standard training specifically for Airbnb properties.

Cons:

• Additional fees for cleaning services based on property size can add up.
• Limited coverage in certain Miami neighborhoods outside core areas.
• Property maintenance markup fees on contractor services.
• Minimum property value requirements may exclude some hosts.

Who We Think MasterHost is Best Suitable For:

MasterHost is ideal for property owners who prioritize regulatory compliance and need comprehensive management, particularly those with properties in Miami's core areas who want a balance of established expertise and competitive pricing.

Soda Stays

This Miami-based company stands out for its transparent 15% flat-fee structure and impressive 96.36% occupancy rate. Their partnerships with local hotels ensure consistent bookings, and they've earned recognition for generating the highest revenue per listing in the Miami market.

Soda Stays Features and Services

1. Hotel Partnership Program: Leverages relationships with local hotels to ensure consistent bookings during low seasons. This unique system maintains high occupancy rates throughout the year.
2. Revenue Optimization: Implements advanced pricing strategies that have earned recognition for generating 26.4% higher revenue compared to local competitors. The system adapts to market conditions in real-time.
3. Mobile App Integration: Provides owners with a dedicated mobile application for real-time monitoring of property performance and bookings. The platform offers complete transparency in operations and revenue.
4. Smart Home Integration: Implements and manages smart home technology for seamless guest access and property monitoring. The system includes automated check-in procedures and security features.

Why We Like Soda Stays

Their flat 15% fee structure with no hidden costs sets them apart, offering premium services at a transparent and competitive rate.

Soda Stays Pricing and Fees

Soda Stays maintains a straightforward pricing structure with a flat 15% management fee for all services, with no hidden costs. This all-inclusive rate covers their full-service management package, which has earned them recognition for generating 26.4% higher revenue compared to local competitors. Their transparent pricing model includes all essential services from listing optimization to guest communication and maintenance.

Soda Stays Pros and Cons

Pros:

• Transparent flat 15% fee structure with no hidden costs.
• Proven track record of generating 26.4% higher revenue compared to local competitors.
• Strong partnerships with hotels for consistent bookings.
• Comprehensive interior design and smart home installation services.
• Efficient onboarding process for new properties.

Cons:

• Relatively new company (founded in 2022) compared to other managers.
• Limited experience with luxury properties.
• More focused on tech-driven solutions which may not suit traditional hosts.
• Higher minimum property requirements.

Who We Think Soda Stays is Best Suitable For:

Soda Stays is perfect for tech-savvy property owners who want a modern approach to property management and appreciate transparent pricing, particularly those looking for data-driven revenue optimization and don't mind working with a newer company.

Sextant Stays

Founded by local entrepreneurs, Sextant Stays manages over 150 properties across Miami. They specialize in luxury condos and larger properties with 6+ units, offering a comprehensive management approach that combines hotel-style amenities with vacation rental flexibility.

Sextant Stays Features and Services

1. Multi-Unit Management: Focuses exclusively on properties with 6+ units, providing specialized services for larger rental portfolios. Their system is designed to handle complex multi-unit operations efficiently.
2. Hotel-Style Amenities: Combines vacation rental flexibility with hotel-level service standards. The service includes professional housekeeping and concierge services.
3. Building Value Enhancement: Works on improving the overall quality and value of buildings under management. Their approach includes regular property assessments and upgrade recommendations.

Why We Like Sextant Stays

Their specialization in managing properties with 6+ units makes them uniquely qualified for larger property investors, offering tailored solutions for multi-unit complexes.

Sextant Stays Pricing and Fees

Sextant Stays specializes in managing properties with 6+ units in Miami, charging between 15-20% of monthly revenue. Their fee structure includes comprehensive services tailored for larger properties, with additional charges for specialized services like building value enhancement and hotel-style amenities. Cleaning and maintenance fees are charged separately based on property size and service requirements.

Sextant Stays Pros and Cons

Pros:

• Specialized expertise in managing properties with 6+ units.
• Hotel-style amenities and service standards.
• Strong focus on building value enhancement.
• Comprehensive property assessment system.
• Established relationships with luxury property vendors.

Cons:

• Higher management fees (15-20%) compared to some competitors.
• Minimum unit requirement may exclude smaller property owners.
• Limited service areas within Miami.
• Additional charges for specialized services.

Who We Think Sextant Stays is Best Suitable For:

Sextant Stays is best suited for investors with multiple units or larger properties who want a premium management approach and are willing to pay more for hotel-level service standards and comprehensive property enhancement.

Nomada Residences

Focusing on the Miami Design District, Nomada Residences manages over 100 brand-new condos. Their strength lies in their tailored marketing approach and maintaining Superhost status across platforms. They offer comprehensive services including dynamic pricing and 24/7 maintenance support.

Nomada Residences Features and Services

1. Superhost Status Management: Maintains Airbnb Superhost and VRBO Premier Host status for all properties under management. Their system ensures consistent high-quality guest experiences.
2. Digital Marketing Suite: Implements comprehensive digital and social media advertising campaigns. The service includes professional photography and content optimization.
3. Association Payment Management: Handles all condo association payments and relationships. This service ensures compliance with building regulations and maintains good relationships with property associations.

Why We Like Nomada Residences

Their specialized focus on the Miami Design District and brand-new condos makes them ideal for luxury property owners seeking targeted market expertise.

Nomada Residences Pricing and Fees

Nomada Residences implements a tiered pricing structure ranging from 18-25% of monthly revenue for their Miami Design District properties. Their management fees include Superhost status maintenance, digital marketing services, and association payment management. Additional fees apply for professional photography and specialized marketing campaigns.

Nomada Residences Pros and Cons

Pros:

• Extensive experience managing luxury properties in Miami's Design District
• Strong partnerships with major booking platforms including Marriott Homes & Villas
• Comprehensive 24/7 guest support with multilingual staff (English, Portuguese, Spanish)
• Advanced property management technology with owner portal access
• Professional cleaning and maintenance teams trained for luxury properties

Cons:

• Higher management fees compared to market average
• Limited to specific Miami neighborhoods
• Strict minimum property standards for acceptance
• Additional fees for marketing and photography services
• Construction-related issues reported in some properties

Who We Think Nomada Residences is Best Suitable For:

Nomada Residences is ideal for owners of luxury properties in Miami's Design District who prioritize high-end guest experiences and are willing to pay premium rates for comprehensive management services.

5 Star STR

This local company has carved out a niche in the Miami market by understanding the unique challenges of subtropical property management. They excel in maintaining properties to high standards while navigating local regulations and seasonal demands.

5 Star STR Features and Services

1. Custom Guidebook Creation: Develops personalized digital guidebooks for each property, including local recommendations and property instructions. These guides are regularly updated with current information.
2. Performance Guarantee: Offers a unique commission-free stay policy for any booking that receives less than a 5-star review. This ensures accountability in service delivery.
3. Subtropical Maintenance: Provides specialized maintenance services designed for Miami's climate conditions. The service includes regular inspections and preventive maintenance protocols.

Why We Like 5 Star STR

Their performance guarantee policy demonstrates exceptional confidence in their service quality, offering no commission charges for stays that receive less than 5-star reviews.

5 Star STR Pricing and Fees

5 Star STR operates on a performance-based model with management fees ranging from 15-18% of monthly revenue. Their unique commission-free stay policy for bookings receiving less than 5-star reviews demonstrates their commitment to quality. Additional fees include cleaning services and maintenance, with prices varying based on property size and condition.

5 Star STR Pros and Cons

Pros:

• Performance-based pricing model with unique commission-free policy for low-rated stays
• Specialized maintenance services adapted for Miami's subtropical climate
• Comprehensive guest screening and verification process
• Up to $3M in damage protection coverage
• Detailed financial reporting and tax management

Cons:

1. Higher cleaning fees compared to competitors
2. Limited coverage in certain Miami neighborhoods
3. Strict property acceptance criteria
4. Additional charges for deep cleaning services
5. Marketing fees charged separately

Who We Think 5 Star STR is Best Suitable For:

5 Star STR is perfect for property owners who value performance-based management and want strong protection against property damage, particularly those with properties requiring specialized subtropical maintenance.

Guestable

With a strong focus on analytical, hospitality-driven management, Guestable has built a reputation in neighborhoods like Brickell, Wynwood, and Edgewater. Their approach combines market analysis with personalized property care.

Guestable Features and Services

1. Multi-Platform Integration: Manages listings across major platforms including Airbnb, VRBO, and Booking.com. The system ensures synchronized calendars and optimized visibility.
2. Smart Key Management: Utilizes Keycafe technology for automated check-in and key tracking. The system integrates directly with booking platforms for secure, automated access codes.
3. Market Analysis: Implements data-driven strategies for property optimization in Miami's dynamic market. Their analytical approach considers seasonal trends and local events.

Why We Like Guestable

Their integration with Keycafe's automated key management system provides a unique technological advantage for seamless guest access and security.

Guestable Pricing and Fees

Guestable's management fees in Miami start at 12% for basic services and can go up to 20% for their premium package. Their pricing includes smart key management through Keycafe technology integration. Additional fees apply for professional photography, deep cleaning, and maintenance services, which are charged on an as-needed basis.

Guestable Pros and Cons

Pros:

1. Advanced technology integration with automated key management
2. Strong presence in Brickell, Wynwood, and Edgewater areas
3. Data-driven pricing strategies
4. Comprehensive cleaning and maintenance services
5. Transparent communication through owner portal

Cons:

1. Higher technology setup fees
2. Limited experience with luxury properties
3. Additional charges for smart home features
4. Seasonal pricing fluctuations
5. Marketing costs not included in base fee

Who We Think Guestable is Best Suitable For:

Guestable is best suited for tech-savvy property owners in Miami's urban core who value automated systems and data-driven management approaches, particularly those with properties in Brickell, Wynwood, or Edgewater.

MAK Realty

A trusted name in Miami's Airbnb scene, MAK Realty brings extensive local market knowledge to their property management services. They've developed successful strategies specifically for the Southern Florida market, helping investors maximize their rental income.

MAK Realty Features and Services

1. Comprehensive Screening: Conducts thorough tenant screening and manages check-in/check-out processes. Their system includes detailed background checks and verification procedures.
2. Full-Service Management: Handles all aspects from housekeeping to maintenance needs while vetting contractors. The service includes regular property inspections and maintenance scheduling.
3. Marketing Strategy: Implements targeted advertising campaigns for vacation properties. Their approach focuses on maximizing property visibility across multiple platforms.

Why We Like MAK Realty

Their specialized expertise in condo-hotel management sets them apart, offering unique insights into this specific property type.

MAK Realty Pricing and Fees

MAK Realty charges between 15-22% of monthly revenue for their Airbnb management services in Miami. Their fee structure includes comprehensive screening services and full-service management. Additional costs include marketing fees (2-3% of revenue) and maintenance markup fees ranging from 10-15% on contractor services.

MAK Realty Features and Services

1. Full-Service Investment Management: Provides comprehensive management services including market analysis, revenue optimization, and property maintenance. The service includes regular property assessments and performance tracking.
2. Multi-Platform Distribution: Creates and manages listings across major booking platforms to maximize visibility and occupancy rates. Their system ensures synchronized calendars and optimized pricing.
3. Guest Screening Protocol: Implements thorough verification procedures and background checks for all potential guests. The screening process includes identity verification and rental history review.
4. International Marketing: Targets global luxury travelers through specialized marketing campaigns and premium listing platforms. Their multilingual team handles guest communication in multiple languages.

Why We Like MAK Realty

Their specialized focus on luxury properties and international marketing sets them apart, particularly beneficial for high-end property owners targeting premium guests.

Park Place

This local company has distinguished itself through data-driven strategies and personalized attention to property management. Their comprehensive service package includes marketing, guest communication, and maintenance, with a focus on maximizing returns.

Park Place Features and Services

• Dynamic Pricing Optimization: Employs proprietary algorithms to monitor local events and create tailored pricing strategies. The system continuously adjusts rates to secure optimal bookings and enhance monthly revenue.
• Property Optimization Services: Provides expert guidance on design, layout, and amenities for properties ranging from two-bedroom condominiums to six-bedroom residences. Their team helps distinguish properties from competitors in the market.
• Multi-Platform Marketing: Manages and optimizes listings across ten major booking platforms to maximize property exposure and booking potential.
• Professional Cleaning: Coordinates regular housekeeping services and property inspections to maintain five-star standards.
• Licensing and Compliance: Offers expert guidance on short-term rental regulations, helping owners obtain correct licenses and ensure compliance with local laws.

Why We Like Park Place

Their local partnership model stands out, as property managers have a vested interest in the business, ensuring dedicated attention to protecting and maximizing property revenue.

Park Place Pricing and Fees

Park Place implements a sliding scale fee structure ranging from 15-25% based on property location and size. Their management fees include data-driven strategies and personalized attention. Additional charges apply for professional photography ($250-350), deep cleaning services ($100-200 per turnover), and maintenance coordination.

Park Place Features and Services

1. Property Optimization Service: Provides expert guidance on design, layout, and amenities to maximize rental potential. The service includes regular property assessments and upgrade recommendations.
2. Insurance Coverage: Offers comprehensive insurance protection up to $1M against property damages. The coverage includes guest accidents and property damage.
3. Multi-Platform Marketing: Manages listings across ten major booking platforms with optimized content and pricing strategies. Their system ensures maximum visibility and booking potential.

Why We Like Park Place

Their local partnership model stands out, where property managers have a vested interest in the business success, ensuring dedicated attention to protecting and maximizing property revenue.

Air Concierge Miami

With over 13,000 5-star reviews, Air Concierge has established itself as a boutique management company in Miami. They offer access to premium booking platforms like Marriott Homes & Villas and American Express Select Homes & Retreats.

Air Concierge Miami Features and Services

1. Premium Platform Access: Partners with Marriott Homes & Villas and American Express Select Homes & Retreats. This partnership provides access to high-end clientele.
2. Guest Experience Management: Maintains consistently high guest satisfaction ratings through personalized service. Their approach focuses on luxury hospitality standards.
3. Revenue Optimization: Implements strategic pricing and marketing across premium platforms. The system adapts to market conditions and seasonal demands.

Why We Like Air Concierge Miami

Their exclusive partnerships with premium booking platforms like Marriott Homes & Villas provides access to a higher-tier market segment.

Air Concierge Miami Pricing and Fees

Air Concierge Miami's premium management services start at 20% of monthly revenue, reflecting their exclusive partnerships with Marriott Homes & Villas and American Express Select Homes & Retreats. Additional fees include professional photography ($300-500), deep cleaning ($150-250 per turnover), and maintenance coordination (10-15% markup.

Air Concierge Miami Features and Services

1. Premium Platform Access: Partners with luxury booking platforms including Marriott Homes & Villas and American Express Select Homes & Retreats. This partnership provides access to high-end clientele.
2. Design Services: Offers professional interior design and furnishing services aligned with local trends. The service includes regular updates to maintain luxury standards.
3. Dynamic Pricing Strategy: Implements sophisticated pricing algorithms based on market demand, events, and seasonal trends. Their system adjusts rates daily for maximum revenue.

Why We Like Air Concierge Miami

Their exclusive partnerships with premium booking platforms like Marriott Homes & Villas provides unique access to luxury market segments.

Fortune House Management

Specializing in the Brickell area, Fortune House Management has become known for their condo-hotel program expertise. They excel in managing high-end properties and maintaining consistent occupancy rates throughout Miami's seasonal fluctuations.

Fortune House Management Features and Services

1. Seasonal Strategy: Implements specialized pricing and marketing strategies to maintain consistent occupancy throughout Miami's seasonal fluctuations. Their system adapts to market changes.
2. Luxury Property Focus: Specializes in managing high-end properties with premium amenities. The service includes tailored marketing for luxury properties.
3. Local Market Expertise: Provides deep knowledge of the Brickell area and its specific market dynamics. Their approach leverages local market insights.

Why We Like Fortune House Management

Their specialized focus on the Brickell area and expertise in managing seasonal fluctuations makes them ideal for property owners in this specific market.

Fortune House Management Pricing and Fees

Fortune House Management's fees for Brickell area properties range from 18-22% of monthly revenue. Their pricing structure includes seasonal strategy implementation and luxury property management services. Additional fees apply for marketing campaigns (3-5% of revenue), professional photography ($200-400), and maintenance services (15% markup on contractor fees).

Fortune House Management Features and Services

1. Seasonal Strategy Implementation: Develops specialized pricing and marketing approaches for Miami's distinct seasonal patterns. Their system adapts to market fluctuations throughout the year.
2. Luxury Amenity Management: Coordinates premium services and amenities for high-end properties. The service includes concierge services and VIP guest experiences.
3. Revenue Optimization: Uses market analysis and competitive pricing strategies to maximize property income. Their approach includes daily rate adjustments and occupancy optimization.

Why We Like Fortune House Management

Their specialized expertise in Brickell's luxury market combined with sophisticated seasonal pricing strategies makes them particularly effective for high-end properties in this specific area.

Wrapping Things Up

Selecting the right property manager in Miami requires careful consideration of your specific needs, property location, and management style preferences. While each company brings unique strengths to the table, the best choice depends on factors like property type, service level requirements, and budget constraints. Consider scheduling consultations with multiple companies to find the perfect match for your investment goals and management needs.