STR in the South East Florida area

[Ali Kattan]

Hello All,

I have been thinking about getting into STR's for a while now. I would like to focus on south east Florida (Miami Beach/Fort Lauderdale area) since I enjoy traveling there for vacations (i'm from Michigan). I'm aware that STR's in some cities are prohibited or have very strict rules. Does anyone have an area in mind, preferably near the water that can be a good STR? My plan is to find a decent deal on the property (once I can pin point a good area) and eventually let a PM company run the STR for me. Of course, I would do this after running the numbers and making sure there is a profit after all expenses.

Any of your suggestions or input is highly appreciated!!

Thanks,

-Ali