STR in South Florida/Miami market

[Conrad Legé]

Hello,

I am looking for new STR opportunities in different markets this year. Miami is one I am particularly interested in. For those who operate in this market what has been your experience so far? What properties do you find perform the best? Also is it true you don't need a short-term rental permit to operate and has more so to do with zoning? Any insight appreciated.

Thanks,

[Neal Z.]

Legal in Unincorporated Miami Dade, El Portal, Biscayne Park, I'm sure some others have a licensing process. 

It's seasonal, but low season is still steady. 

It's enforced on a complaint basis, so you'll see listings all over Miami even tho it's not allowed in those areas. 

Expensive market, but performs well