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Updated almost 7 years ago on . Most recent reply

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173
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Jean H.
  • Rental Property Investor
  • Miami, FL
206
Votes |
173
Posts

Can a legal Miami Beach short term rental permit trump HOA ban?

Jean H.
  • Rental Property Investor
  • Miami, FL
Posted

A realtor contact, knowing that I have several short term rental ("STR") properties, sent me the listing for a potential Airbnb property. It's a townhouse in Miami Beach (very hot Airbnb destination but where illegal Airbnbs can be fined $20,000 per violation). The owner was able to get an STR license so he actually had a legal STR going in Miami Beach. Unfortunately, according to the realtor, the HOA just passed a resolution banning STRs. The realtor insists that this property has been grandfathered in and can continue to be an Airbnb for the new owner. I am skeptical.

I would only be interested in this property if I would be able to Airbnb it out since having a legal Airbnb in Miami Beach is very valuable (and lucrative, because of the scarcity value).

So two questions for you Florida attorneys (especially those in Miami):

1) Who trumps who? The city or the HOA? My gut feeling is that I need both on board in order for me to legally rent it out on Airbnb--that I would need a STR-friendly HOA Board AND a Miami Beach STR license. Can the STR license truly be "grandfathered in" and trump the ban imposed by the HOA?

2) Even if the STR license is grandfathered in, would that license (or the ability to get the license) transfer over to a new owner? or would it only work for the current licensee?

Would love to hear your thoughts, BP community!

Jean

Most Popular Reply

User Stats

561
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470
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Myka Artis
  • Rental Property Investor
  • Arlington, TX
470
Votes |
561
Posts
Myka Artis
  • Rental Property Investor
  • Arlington, TX
Replied

HOA bylaws trumps all. I tried that with one of my short term rentals proving that I had a permit. They didn't care. HOA is above the law. You can try to fight them but you might find yourself on the short end of the stick and your unit being monitored more closely due to your willingness to put up a fight against them. If you want to run a successful STR business in an HOA you will need to contact them and see what their minimum lease requirement is and pray its 30 days. If so you can just turn it into a corporate rental.

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