Five years ago, we embarked on our journey as vacation rental property investors. We started with a three-bedroom unit in south Florida, but soon realized it wasn't the investment we had envisioned. As we watched hotels maintain an impressive 85% occupancy rate year-round, we struggled with a modest 60% occupancy in our Airbnb.

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This stark contrast prompted us to ask: how were hotels maintaining such high occupancy while our Airbnb often sat empty? We decided to investigate, believing there must be a way to increase our income without lowering prices.

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That's when the idea struck: what if we transformed our Airbnb into three hotel rooms with individual entrances, while still retaining the option for a three-bedroom apartment? This innovation marked the beginning of a dramatic change: our occupancy rate soared from 60% to an impressive 92%, doubling our income with the same property!

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FlexShare Spaces was born. With our new FlexShare Lockoff Units, we offered guests the flexibility to rent an individual room or the entire apartment, catering to their needs and preferences. This versatility attracted a wide range of travelers, from those seeking privacy to larger groups wanting to share a space.

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The result was remarkable: not only did we fill our property nearly every day of the year, but we also doubled our income without reducing prices. This success led us to Vida Edgewater Miami, where we now share this same opportunity with other investors. With our FlexShare Lockoff Units, investors can experience the same success, maximizing the potential of their vacation rental properties.

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We hope our story inspires others to think creatively and find innovative solutions for their businesses. At Vida Edgewater Miami, we believe the sky's the limit when it comes to real estate investment.

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Amaury Martinez / Urbana Bueno