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Aventura, FL Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$3,113
Monthly Cash Flow
$431
Principal + Equity
$1,047
Annual Total Gain
$17,737
Cash on Cash
4.78%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$225
Occupancy Rate
70.97%
Monthly Revenue
$2,030
Monthly Cash Flow
-$956
Principal + Equity
$1,047
Annual Total Gain
$1,089
Cash on Cash %
-10.59%
Net ROI %
Market Health & Growth
Median Income
$82,777
Population
39,372
LTR Renter %
35.51%
Forecast (1 yr)
1.6%
Appreciation (1 yr)
-11.45%
Appreciation (5 yr)
35.56%
Appreciation (10 yr)
21.62%
Job Growth
0.28%
LTR Rentability
Moderate
STR Demand
48
STR Rentals
239
Top Public Schools
ASchool for Advanced Studies - Homestead
ASchool for Advanced Studies - North
A
A
A
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A
Overall
Top-level market grade
Best Suburbs to Live in Florida
#26out of 380 markets
Best Places to Retire in Florida
#16out of 660 markets
Best Suburbs for Young Professionals in Florida
#10out of 380 markets
B
Public School
B-
Crime And Safety
C-
Housing
A-
Nightlife
A-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Aventura, FL.
In Aventura, FL, short term rentals are regulated by the city's zoning code and the Florida Vacation Rental Act. Here are some key regulations that an investor should be aware of before purchasing a property for short term rental in Aventura:
1. Zoning Restrictions: Aventura has specific zoning regulations that dictate where short term rentals are allowed within the city. Investors should ensure that the property they are considering purchasing is located in a zone that permits short term rentals.
2. Licensing and Registration: Property owners must obtain a business tax receipt and register their short term rental property with the city of Aventura. This registration process typically includes providing proof of insurance, safety inspections, and compliance with building codes.
3. Occupancy Limits: Aventura has occupancy limits for short term rental properties, which are typically based on the number of bedrooms in the property. Investors should ensure that they are in compliance with these occupancy limits to avoid fines or penalties.
4. Noise and Nuisance Regulations: Aventura has noise and nuisance regulations that apply to short term rental properties. Investors should be aware of these regulations and take steps to ensure that their guests are respectful of neighbors and the community.
5. Taxes: Short term rental properties in Aventura are subject to local and state taxes, including sales tax and tourist development tax. Investors should be aware of their tax obligations and ensure that they are collecting and remitting the appropriate taxes.
6. Homeowners' Association Rules: If the property is located in a community with a homeowners' association (HOA), investors should review the HOA rules and regulations regarding short term rentals. Some HOAs may have restrictions or prohibitions on short term rentals.
Overall, investors should thoroughly research and understand the regulations and requirements for short term rentals in Aventura before purchasing a property for this purpose. Failure to comply with these regulations can result in fines, legal action, or the loss of the ability to operate a short term rental property.
Market Trends Over Time
Explore 25 years of market data for Aventura, FL, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Aventura, FL.
The LTR Genie Score of Aventura, FL is 62, indicating a moderate level of long-term rental investment potential. The STR Genie Score is 54, suggesting a slightly lower potential for short-term rental or Airbnb investment. The LTR Rent Growth Rate of 0.0455% and the 1-Year Price Appreciation Forecast of 1.6% contribute to the moderate LTR Genie Score. On the other hand, the STR Net ROI of 1.01% and the STR Occupancy rate of 70.97% may have influenced the slightly lower STR Genie Score.
Aventura, FL is a vibrant city known for its luxury shopping, dining, and waterfront living. It is a popular destination for tourists and snowbirds, making it potentially attractive for short-term rental investments. However, the moderate LTR Genie Score suggests that long-term rental investment may also be a viable option in this market.
Overall, Aventura, FL appears to offer opportunities for both long-term and short-term rental investments. Real estate investors may consider diversifying their portfolio by exploring both options in this market. Conducting further research and due diligence on specific properties and market trends is recommended before making any investment decisions.