STR in Miami? Is it possible?

[Charles T Grimes]

Does anyone have any information/experience in STR in Miami? I keep hearing that the HOA's there do not allow STR and there are a lot of restrictions from the city as well. Does anyone know more about this?

[Jean H.]

I have 8 Airbnbs in Miami (used to have 11 until I sold 3) and founded the Airbnb Hosts South Florida meetup group. There are definitely Airbnb possibilities in Miami but you have tread carefully, especially with condos. With condos, not only do you have to check the city regulations, you also have to check to see if the condo rules allow short term rentals. And even if the condo allows it now, they could change their mind at the drop of a hat and you can't do anything about it. That's why I stick to single family and small multifamilies where I am the HOA :)

If you want to network with other Miami hosts and get more in-depth info about where in Miami to invest, come to our Airbnb Hosts South Florida meetup on Feb 22. You can find us on MeetUp.com