Miamians can officially exhale a sigh of relief as the City of Miami Beach has announced that parking rates for both visitors and residents will stay the same.
As you may have heard, hourly parking fees in the city were scheduled to go up this October, going from $4 to $6 for non-city residents and $1 to $2 for residents enrolled in the Resident Parking Discount Program when parking on on-street spaces, parking garages and surface lots.
As reported by the Miami Herald, elected officials voted unanimously on Wednesday to keep these changes from taking place. In a tweet posted to X, the city said: “Parking rates scheduled to increase every 5 years for residents and non-residents have been suspended. There will be no parking rate increase on October 1, 2024 as previously scheduled.”
It would have been the first time Miami Beach raised parking costs since 2015, with the changes coming as a result of an increase in the Consumer Price Index — a measure of inflation. Commissioner Alex Fernandez was an early opposer of the price hikes, telling the Miami New Times, “… between the housing costs and costs of living, the last thing that the public needs is an increase in parking.”
In addition to the price jumps mentioned above, residents would have also seen an increase in the daily flat rate for the 46th Street and Collins Avenue surface lot, from $6 to $8. Visitor passes purchased by registered zone residents would have also increased from $3 to $4 per 24-hour period.
Looks like things will resume as normal!
For more information on Miami Beach parking, visit the city’s website here.