Summer is here, the prime time for vacations and travel. Are you heading to Florida with the other travelers?
Join the 41 million visitors who visited the Sunshine State in the first quarter of this year. Florida’s governor reported 41.2 million visitors in May.
Florida also set a record last year for the whole year, as 142.9 million people visited in 2024 (1.6% increase compared to 2023). Of these – 28 million came to Miami-Dade County, according to official data released in February 2025 (i. g., the cities of Miami, Miami Beach, Aventura, Sunny Isles Beach, Surfside North Miami Beach, Key Biscayne, Coral Gables, South Miami.)
Total overnight visitors in 2024 in Greater Miami & Miami Beach: 20.1 million.
Also, we could welcome more international visitors; 3.4 million from Canada and 8.94 million from overseas. The governor stated that Florida remains the most popular destination for travelers worldwide.
Purpose of International Overnight
(Source: Visitor Industry Overview)
Purpose of Visit | 2022 | 2023 | 2024 |
Vacation/Pleasure | 71% | 71% | 87% |
Visit relatives | 29% | 28% | 20% |
Shopping | 14% | 14% | 18% |
Visit friends | 19% | 19% | 18% |
Business | 10% | 12% | 10% |
Other reasons for traveling had no significant changes last year compared to the previous years, namely visiting friends, trip for business, convention, cruise trip or for food/gastro tourism.
The categories and the purpose of visit were the same for the domestic visitors also.
Where do the Domestic Overnight Visitors Stay While in Florida?
Type of Lodging | 2022 | 2023 | 2024 |
Hotel/Motel/Resort, spa | 66% | 58% | 63% |
Friends/Relatives | 23% | 34% | 27% |
Home Sharing, Peer-to-P | 11% | 11% | 12% |
Where do International Overnight Visitors Stay in Greater Miami & Miami Beach?
Lodging | 2022 | 2023 | 2024 |
Hotel/Motel/Resort, spa | 53% | 48% | 56% |
Friends/Relatives | 37% | 40% | 29% |
Home Sharing, Peer-to-P | 10% | 12% | 14% |
Locally, as neighborhood, Miami Beach was chosen by nearly half of international overnight and US visitors in recent years, compared to 13 other areas in Greater Miami & Miami Beach. This was followed by Downtown/Brickell and Miami International Airport in 2024, with both groups staying in the same proportion.
Which Neighborhood of Miami did international visitors Visit?
US (not just Florida) and international visitors who stayed overnight in Miami (not just day visitors) both visited Miami Beach mainly, followed equally by Downtown Miami/Brickell and the Wynwood neighborhood in second (last year Aventura was third for international visitors), according to the Visitors Industry Overview 2024.
Places of interest of the Domestic overnight visitors 1. beaches 2. parks, 3. city views, 4. clubs and nightclubs 5. Anything on Ocean Drive 6. Art Galleries 7. Museums 8. Concerts 9. Theaters
How is it relevant for You? Why is it important?
Renting out such properties is a source of income – passive income, in addition to being your second home!
Visitors who are not staying with relatives or friends need a place to stay. In a hotel or resort, but rather in the increasingly popular, privately owned homes equipped with kitchens and laundry rooms, but operated as hotels or by a management company, AirBnB, VRBO type accommodations.
Considering the increasing number of visitors, residential buildings and private properties are being built that are approved and suitable for short-term rental in several parts of Miami, both in Downtown Miami and in coastal areas. Construction and sales are progressing quickly and at a high pace. There are constantly under construction, and some will start at the end of the year. In this type of residential building, the homes are not only delivered with floors and with a kitchen and bathroom, but also furnished, so you can move in immediately!
Please review some of these under construction residential towers on the main page!
Some offer a 10% leaseback for two years!
These properties are private, 100% owned, they can be a permanent home for you, in areas that are popular among visitors.
Not just a home ownership! Many resort-style services are also included with the homes in Florida, like in a hotel or resort, and much more! The building’s swimming pool, fitness and exercise room, lounge, restaurant, business center, concierge service, media center etc. provide relaxation, vacation – daily! To increase the luxurious lifestyle, a beach club with sunbed, umbrella, towels waiting for you, and you may order food service there, too.
Guests can also use the services, so these properties are more sought after compared to properties that can be rented without services. For the owner, a unit in a building suitable for investment can be a temporary, second home, and in his absence – a source of income. Renting out the home can be done with flexible options, without restrictions, by the owner or by a professional management company without the owner’s work, as passive income.
Pet salons and dog parks are also available in most of these buildings, and also for hotel guests in certain units where the owner allows it. So, travelers with small or medium-sized dogs also like to choose this as their temporary home, increasing the rental rate.
The residential tower called 72 Park, which was completed in the spring, is now available for rent, and there is no spending limit here either. Most of our property buyers have rented it out when they are not there, but some often use it as a second home and are not renting it out yet.
In addition, long-term rent is also needed, as thousands of residents rent their homes in America and in Florida, for at least a few months, or until they find their own home, or even for years.
PLEASE CALL and let us CALCULATE an ESTIMATED FLORIDA INCOME from RENT!
Reminder:
- – The property owner receives a tax break.
- – There is no state income tax in Florida.
- – Foreigners can also take advantage of a loan here!
Interesting fact: Almost three times as many people move to Florida from New York State as from the Sunshine State – according to Smart Asset recently.
Other Florida News
The governor is thinking, working on to possibly eliminating the property tax in the future in Florida!
On our trip to Hungary – in late spring/early summer – we met many friends and acquaintances and got to know new people. In addition to business meetings, we also enjoyed the natural beauties and features of the country.
On June 25th, Florida time, Tibor Kapu and three other astronauts were launched from the Kennedy Space Center on the east coast of Florida to the ISS (International Space Station) for two weeks.
On July 4th, the 249th birthday of the USA, Independence Day, was celebrated with national, city and private fireworks.
July 15th: The Astronauts successfully returned. Congratulations!