[Note: This story has been updated. Miami Beach has announced that that parking rates for both visitors and residents will stay the same. Read more here.]
With Miami becoming increasingly more expensive, there’s another price hike on the horizon. The City of Miami Beach has announced that a rise in parking rates will go into effect on Tuesday, October 1st.
Hourly parking fees will increase from $4 to $6 an hour for non-city residents, while the $1 hourly rate for residents enrolled in the Resident Parking Discount Program will double to $2 for on-street spaces, garages and surface lots.
Those same residents will also see an increase in the daily flat rate for the 46th Street and Collins Avenue surface lot, from $6 to $8. Additionally, visitor passes purchased by registered zone residents will go from $3 per 24-hour period to $4.
According to the city, increases to all on-street spaces, parking garages and surface lots for non-residents will vary by location.
This is the first time Miami Beach raises parking costs since 2015, with these changes being implemented as a result of an increase in the Consumer Price Index. While the decision to adjust parking fees stem from a 2019 ordinance, Commissioner Alex Fernandez told the Miami New Times that he intends to introduce a resolution at the city’s budget hearing on September 25, to prevent the hikes before they take effect.
“Hopefully, we can see this stop,” he told the publication. “You know, between the housing costs and costs of living, the last thing that the public needs is an increase in parking.”
Click here to find more information on the city’s parking rates increases.