Contact

TELEPHONE +1 (305) 695 8257
HOURS 9:00AM - 7:30 PM EST
ASPEN PROPERTY BROTHERS

LUXURY REAL ESTATE IN ASPEN, CO
ASPENPROPERTYBROTHERS.COM

VIVE POLANCO

BIENES RAÍCES EN POLANCO, CDMX
VIVEPOLANCO.MX

Write your message

Thanks for your message.

We'll get back to you right away.

Josh Stein Realtor - Miami Beach Condos and Homes

No Rental Restrictions

Search Airbnb friendly properties 

W South Beach

Beachfront retreat on South Beach

1 Hotel & Homes

Sustainable luxury living in SoBe

The Crosby at MWC

Pre-construction from the $500’s

Home  > No Rental Restrictions

SPECIALTY PROPERTIES

Condos That Allow Short Term Rentals

Search up-to-date condos for sale with no rental restrictions in Miami, Florida

Condos That Allow Short Term Rentals

Miami is one of the most expensive Airbnb markets in the world, with an average monthly price of a short-term rental costing $8,024, according to a recent study. This makes Miami the third most profitable Airbnb market globally for hosts, after Las Vegas and Honolulu.

While Airbnb rental properties in Miami and Miami Beach are growing exponentially and can make for a very lucrative investment, finding a Miami condo or condo hotel that allows for short term rentals is not as straightforward as it seems. 

In 2021, Miami Airbnbs hosted 710,000 guests and earned a collective $200 million, Airbnb said. With big events like spring break, the Miami Open and Ultra Music Festival, Miami Airbnb hosts stand to gain thousands of dollars in March and April.

Airbnb said that in December and January, searches for Miami stays during spring break period, from March 14 to April 6, were up 200% compared to last year. Miami hosts earned a collective $7 million during that stretch in 2019, the last spring break before the pandemic.

Travel booking website Priceline said Miami was the most popular travel destination for Gen Z travelers (ages 18 to 25) this spring break, with Fort Lauderdale being the second-most booked flight.

“In Miami, big events are really coming back this year and we’re seeing people are excited to travel again for those big events,” said Liz DeBold Fusco, who heads Airbnb’s North American policy and corporate communications. “We’ve seen a lot more domestic travel since the pandemic hit. After all travel completely stopped, starting in May and June 2020, we saw people starting to travel and stay at Airbnbs within 300 to 500 miles of where they live.”

Fusco said the digital short-term rental company has seen bookings for long-term stays of 28 days or more via Airbnb skyrocket since the pandemic. The year-round sunshine, bevy of outdoor activities and lax COVID-19 rules drove remote workers to Miami to live and work.

“I cannot overstate the idea of people living on Airbnb and how significant that is,” she said, noting that 22% of the bookings in October through December of 2021 were for stays that were a month or longer and that Airbnb partnered with Visit Florida to attract those visitors.

“It’s an opportunity for cities, many cities have thought about how to embrace remote workers and Miami is a clear example of having done this.”

What you need to know about Airbnb Condos

First and foremost, the majority of condo buildings in Miami do not allow owners to participate in short term rentals of any kind. Most Miami luxury condos only allow long term leases, usually for a minimum of 6 to 12 months.

Miami Beach does not allow for Airbnbs in most residential areas and used to have some of the steepest fines in the country for illegal Airbnbs, with perpetrators facing between $20,000 and $100,000 fines. Following a 2018 lawsuit, the Miami Beach city council voted to lower the fines to $1,000 for first-time offenders and $5,000 for repeat offenders.

Almost always, new tenants need to be approved by the condo association or board before getting the keys. Vacation rentals are generally not allowed in most condo buildings in Miami, so it’s important to choose the right building with relaxed rental restrictions in place.

Finding a Miami condo that allows you to rent short term on Airbnb Miami or other platforms requires the approval of the condominium association and means the building has flexible rental rules and allows for daily Airbnb or weekly rentals. These rules are clearly explained in the condominium documents and in the condo building by-laws. If you’re interested in purchasing a condo to use for short term rentals in Miami and Miami Beach, then it’s important that you understand all of the rules and requirements.

Many of the newer Miami condo buildings understand that buyers want this option and are incorporating short-term rental plans into their building rules. However, working with a real estate professional who knows these rules and which buildings are do allow short-term rental options, can save you a lot of headaches. The last thing you want is to buy your dream Miami condo and then realize the rules governing the building have rules restricting leases and it doesn’t allow Airbnb. This is especially true in South Beach and Sunny Isles Beach.

Condos Buildings with No Rental Restrictions

1 Hotel & Homes

102 24th Street

501 First Residences

501 NE 1st Avenue

ABAE (1215 on West)

1215 West Avenue

Beachwalk

2600 E. Hallandale Beach Blvd.

Bentley Beach Hilton

101 Ocean Drive

The Carillon (Center)

6801 Collins Avenue

Carlyle Deco Hotel

1250 Ocean Drive

Club at Brickell Bay

1200 Brickell Bay Drive

The Crosby at MWC

601 N. Miami Avenue

District 225

2335 N. Miami Avenue

E11even Residences

20 NE 11th Street

Faena Residences

3201 Collins Avenue

Fontainebleau

4401 Collins Avenue

Four Seasons Brickell

4401 Collins Avenue

Legacy Residences

942 NE 1st Avenue

Lofty Brickell

99 SW 7th Street

Midblock

3250 NE 1st Avenue

Mondrian

1100 West Avenue

Natiivo Miami

159 NE 6th Street

Okan Tower

555 N. Miami Avenue

Setai South Beach

101 20th Street

Smart Brickell Tower

229 SW 9th Street

W Brickell

485 Brickell Avenue

W South Beach

2201 Collins Avenue

Yotelpad Miami

227 NE 2nd Street

The Advantages of Short Term Rental Investments in Miami

The most obvious advantage of owning a Miami Condo or condo hotel that allows short term rentals is that owners can use it when they’re in town and rent it out when they are away. The most popular short term or vacation rental platforms such as Airbnb and VRBO make it extremely easy to get started. Putting your property on one of these websites allows you to earn income which can then pay for the majority of operating expenses, such as property taxes and monthly maintenance fees.

Purchasing an Airbnb rental property is more popular than ever in Miami and Miami Beach for a number of reasons. Most buyers of Miami Condos see Airbnb condo investments as a way to participate in real estate investing in Miami by creating cash flow on a property that is most likely going to increase in value. As Miami and Miami Beach continues to grow and attract people from all over the world, many people see Airbnb condo investments as a way to participate in this growth.

Right now, it seems that everyone wants to have a pied-a-terre in Miami or Fort Lauderdale Beach. And buying into Airbnb Miami condos that allows daily rentals with limited rental restrictions allows owners and investors to subsidize their amazing Miami lifestyle. Owners get the best of all worlds; they get to enjoy Miami and Miami Beach when they want to, and make an income when they are away.

Condos That Allow Short Term Rentals

Other Things You Should Know About Short Term Rental Investments

If you’re looking to purchase a condo or property to use solely for Airbnb in Miami, then it’s important to do your research and know everything you can ahead of time. For example, it is important to understand the financing rules. Miami condos that allow Airbnb or daily rentals, whether daily or weekly, may have different financing rules than typical condos do.

So obtaining financing or a mortgage on a building that allows you to do these short term rental investment may be difficult. Most banks have specific criteria and rules in place and the building will need to be approved before you apply for a loan. Financing for condos that allow 30-day or longer rentals is more conventional and easier to obtain, while condos that allow short term daily rentals and Airbnb usually require different types of financing altogether.

The Difference Between a Short Term Rental Property and Condo Hotel Units

Just like a traditional condo that allows for daily rentals, many condo-hotels in Miami have flexible rental rules and can also be a great option. With a condo hotel, the owners have the flexibility of either renting it directly via their own platform such as Airbnb Miami condos or the owners can rent it directly through the hotel program.

Since condo-hotel units have flexible rental policies and already have an in-house hotel program management team focused on clients renting for short terms, a condo-hotel can be a great option. It’s important to know that sometimes the Miami condo hotel management have their own rules in place if you want to manage your condo-hotel unit yourself, through Airbnb or other platforms, instead of the hotel’s in-house management program.

And as I stated above, Condo-Hotel usually require special financing rules as well, so it’s important to talk to your lender ahead of time.

Condos That Allow Short Term Rentals
Condos That Allow Short Term Rentals
Condos That Allow Short Term Rentals

Condo Buildings in Miami and Miami Beach that are Airbnb Approved

There are dozens of Miami condos that allow owners to do Airbnb, whether in South Beach, North Beach, Downtown Miami or Sunny Isles Beach, Florida. On this page, you will find an updated list of condo buildings that allow some form of short term rentals or Airbnb. However, it is extremely important that you do your own due diligence and verify with the local condo association bylaws that this is in fact legal. I would suggest you to read the updated rules and condo docs to confirm that short term rentals like Airbnb are in fact allowed.

Other Neighborhoods in Miami

It used to be that everyone wanted to live in Miami Beach. Hot spots such as South Beach, Sunny Isles Beach and even Coconut Grove were always the hot spots. But nowadays, Downtown Miami and Brickell are the new “in place” to be. The perfect condo no longer needs to be on the ocean or have Biscayne Bay views, but rather it needs to be well located and within walking distance to the best restaurants, bars, shopping and nightlife. And in fact, some of the most desirable luxury condo buildings in the Miami area have world class amenities. Rooftop swimming pools, a lap pool, fitness center and even a rock climbing wall are the new things to have.

Many condo associations in Miami dade county are updating the rules and making the condos more in tuned to today’s buyers and allow for Airbnb.

Condos That Allow Short Term Rentals

Pre-Construction and New Construction Condo Buildings that Allow Short Term Rentals

At this time, there is a huge new construction condo building boom taking place throughout Miami and located in trendy neighborhoods such as Downtown Miami, Brickell and Sunny Isles Beach. Many of these new pre-construction condo specifically are marketing themselves and Airbnb friendly buildings and provide much of the infrastructure already in place. Buildings in Downtown Miami such as Lofty, Natiivo and Smart Brickell are designed with short term rentals in mind. In fact, downtown Miami, Florida is overtaking South Beach as the hip new cool spot to live and work. This could make for a great investment opportunity.

Many of these real estate developers are constructing new condo buildings that allow Airbnb as a way to make the building more desirable and marketable. Buying pre-construction means you are taking advantage of early-bird pricing and your pick of the best units for sale. If you are interested in buying into a new condo development project located in Downtown Miami or South Beach, make sure to check out the Pre-construction condos section on our website. With the booming real estate market and rising prices, buying during the pre-construction phase allows you to lock in today’s prices in the hottest new building. Many of these new construction condo buildings are located in the hottest neighborhood and have full services, including pools, spas and even a state-of-the-art fitness center.

Since Sunny Isles Beach and South Beach tends to attract overseas buyers, putting your Miami condo in the hotel program can generate great income. Investors interested in getting more information and would like me to send over the fine print, just let me know.

Have questions about buying a condo in Miami with no rental restrictions? Our team of real estate experts are available to help you with anything you need. Whether you’re interested in buying, renting or selling a home, we’re here for you 24/7. Give us a call today (305) 695-8257 or email us at hello@joshsteinrealtor.com

Josh Stein

Josh Stein

Global Luxury Realty

PH: (305) 695-8257

Hi! Let's Connect.

Josh Stein

Josh Stein

Global Luxury Realty

PH: +1 (305) 695-8257

We strive to provide a website in which all functionality and content are accessible to all individuals. Should you require assistance in navigating our website or searching for real estate, please contact our offices at (305) 695-8257 | Sitemap

© Copyright 2022 Josh Stein Realtor, PA | All rights reserved. | (305) 695-8257 | Terms and Conditions | Privacy | Made in USA Usa

  • NEIGHBORHOODS

    > MIAMI LUXURY CONDOS
    Pre-Construction Condos (*)

    > Aventura
    - Artech Residences
    - Bellamare
    - Bellini Williams Island
    - Echo Aventura
    - Hamptons South
    - Hidden Bay
    - The Peninsula
    - Porto Vita
    - Prive Island

    > Bal Harbour
    - Bellini Bal Harbour
    - Harbour House
    - Majestic Tower
    - Oceana Bal Harbour
    - One Bal Harbour
    - The Palace at Bal Harbour
    - St. Regis Bal Harbour
    - Tiffany of Bal Harbour

    > Bay Harbor Islands
    - Ambienta *
    - Bay Harbor One
    - Bijou Bay Harbor
    - Kai at Bay Harbor
    - La Baia Bay Harbor *
    - Le Nautique
    - Onda Residences *
    - Riva Bay Harbor
    - Sereno Residences

    > Belle Isle
    - Belle Plaza
    - Belle Tower
    - Costa Brava
    - Grand Venetian
    - Island Terrace
    - Nine Island
    - Terrace Towers
    - The Vistas

    > Brickell
    - Baccarat Residences Miami *
    - Brickell Flatiron
    - Bristol Tower
    - Cipriani Residences Miami *
    - The Club at Brickell Bay
    - Echo Brickell
    - Four Seasons Residences
    - Icon Brickell
    - Infinity at Brickell
    - Jade at Brickell Bay
    - Lofty Brickell *
    - Reach Brickell City Centre
    - Rise Brickell City Centre
    - Santa Maria
    - SLS Lux
    - Smart Brickell Tower *
    - St. Regis Residences Brickell *
    - Una Residences *
    - W Brickell

    > Brickell Key
    - Asia
    - Carbonell
    - Three Tequesta Point

    > Coconut Grove
    - Cloisters on the Bay
    - Grove at Grand Bay
    - Grovenor House
    - Grove Isle
    - Mr. C Residences *
    - Park Grove
    - Residences at Vizcaya
    - Vita Residences Grove Isle *

    > Coral Gables
    - Gables Club Tower I
    - Gables Club Tower II
    - Gables on the Green
    - Merrick Manor

    > Downtown Miami
    - 501 First Residences *
    - 900 Biscayne Bay
    - Aston Martin Residences *
    - Casa Bella by B&B Italia *
    - The Crosby at MWC *
    - The District *
    - E11even Hotel & Residences *
    - Epic Residences
    - Legacy Residences *
    - Marina Blue
    - Marquis Residences
    - Natiivo Miami *
    - Okan Tower *
    - One Thousand Museum
    - Paramount Worldcenter
    - Ten Museum Park
    - Waldorf Astoria Miami *

    > Edgewater
    - 729 Edge *
    - 1800 Club
    - Aria on the Bay
    - Aria Reserve Miami *
    - Biscayne Beach
    - Elysee
    - Gran Paraiso
    - Icon Bay
    - Missoni Baia *
    - One Paraiso
    - Onyx on the Bay
    - Paraiso Bay
    - Paramount Bay

    > Fisher Island
    - Bayside Village
    - Oceanside
    - Palazzo Della Luna
    - Palazzo Del Mare
    - Palazzo Del Sol
    - Villa Del Mare

    > Hallandale Beach
    - 2000 Ocean
    - The Beach Club
    - Beachwalk
    - Oasis Hallandale *
    - Ocean Marine

    > Hollywood
    - Apogee Beach
    - Hyde Beach
    - Trump Hollywood

    > Key Biscayne
    - 101 Key Biscayne
    - Grand Bay Residences
    - Oceana Key Biscayne

    > Miami Beach
    - 57 Ocean
    - Akoya
    - Aman Residences *
    - Aqua Miami Beach
    - The Bath Club
    - Beach House 8
    - Blue & Green Diamond
    - The Caribbean
    - The Carillon
    - Edition Residences
    - Eighty Seven Park
    - Faena House
    - Fontainebleau II & III
    - L'Atelier Miami Beach
    - Mei
    - Monaco Yacht Club *
    - Mosaic
    - The Perigon *
    - Ritz Carlton Residences
    - Terra Beachside Villas

    > Midtown Miami
    - Hyde Midtown
    - Midblock
    - Midtown 2
    - Midtown 4
    - The Standard Residences *

    > North Bay Village
    - 360 Condos
    - The Bridgewater
    - Cielo on the Bay
    - Eloquence on the Bay
    - Space 01

    > South Beach
    - 1 Hotel & Homes
    - 321 Ocean
    - 350 Meridian
    - 1000 Venetian
    - 1111 Residences
    - 1500 Ocean Drive
    - Apogee South Beach
    - Artecity
    - Bentley Bay
    - Capri South Beach
    - Continuum South Beach
    - The Cosmopolitan
    - The Courts
    - Five Park Miami Beach *
    - The Floridian
    - Glass Miami Beach
    - Grand Venetian
    - Icon South Beach
    - Il Villaggio
    - Louver House
    - Marea
    - Monad Terrace
    - Mondrian South Beach
    - Murano Grande
    - Murano at Portofino
    - Ocean House
    - Ocean Park South Beach *
    - Ocean Place
    - One Ocean
    - Palau Sunset Harbour
    - Portofino Tower
    - Rosewood Residences *
    - Setai South Beach
    - South Pointe Towers
    - Sunset Harbour
    - Ten30 South Beach
    - Three Hundred Collins
    - W South Beach
    - Waverly South Beach
    - The Yacht Club

    > Sunny Isles Beach
    - 400 Sunny Isles
    - Acqualina Residences
    - Aurora*
    - Bentley Residences *
    - Chateau Beach Residences
    - Estates at Acqualina *
    - Jade Beach
    - Jade Ocean
    - Jade Signature
    - Mansions at Acqualina
    - Muse Residences
    - Parque Towers
    - The Pinnacle
    - Porsche Design Tower
    - Regalia
    - Residences by Armani Casa
    - Ritz Carlton Residences
    - St. Regis Sunny Isles *
    - Trump International
    - Trump Palace
    - Trump Royale
    - Trump Towers I, II, III
    - Turnberry Ocean Club
    - Turnberry Ocean Colony

    > Surfside
    - Arte Surfside
    - Azure
    - Fendi Chateau Residences
    - The Surf Club Four Seasons
    - The Waves

    > MIAMI BEACH ART DECO
    > South Beach
    - The Aloha
    - The Fontana
    - The Netherland
    - Tribeca East
    - Tribeca West
    - Vanderbilt
    - Villa Lucca

    > MIAMI LOFTS
    > Arts District/ Edgewater
    - 250 Wynwood
    - Parc Lofts
    - Star Lofts
    - Uptown Lofts
    - Wynwood Lofts
    - The Yorker Lofts

    > Miami Beach
    - Vilamur Lofts
    - Vilasol Lofts
    - Vilazul Seaside Lofts

    > Normandy Isles
    - Bay View Lofts

    > North Bay Village
    - Space 01

    > South Beach
    - 7 Townhomes
    - Absolut Lofts
    - Alliage Lofts
    - El Cyclon
    - Flats Off Lincoln
    - Fountainhead
    - Ilona Lofts
    - Industry Lofts
    - The Jefferson
    - Lofts at South Beach
    - Lunamar
    - Manhattan Lofts
    - Meridian 5 Lofts
    - The Meridian
    - Montclair Lofts
    - Sobe Bay
    - Sundance Lofts

    > Upper Eastside
    - Bank Lofts

    > MIAMI LUXURY HOMES
    - Allison Island
    - Altos del Mar
    - Bal Harbour
    - Bay Harbor Islands
    - Bay Point Estates
    - Coconut Grove
    - Coral Gables
    - Gables Estates
    - Golden Beach
    - Hibiscus and Palm Islands
    - Indian Creek Island
    - Journey's End
    - Key Biscayne
    - La Gorce Island
    - Miami Beach
    - Miami Shores
    - Normandy Isles
    - North Bay Road
    - Pinecrest
    - Pine Tree Drive
    - Star Island
    - Sunset Islands
    - Surfside
    - Tahiti Beach
    - Venetian Islands

  • WhatsApp