Becoming a legal AirBnB rental in Miami Beach

[Ray S.]

Has anyone tried applying to become a legal short term rental in Miami Beach? And if so what was the outcome? 

https://www.miamidade.gov/building/standards/resid...

[Alex M.]

Hey-- I have spent a lot of time in Miami growing up and have also done a fair of amount of scouting for AirBNBs in the area.

I feel Miami can be a good market, but you'll face a couple of issues:

1) HOAs will usually not allow this in any building

2) To do it legally, at least on the beach, you will likely need to buy in a Condo Hotel.  They charge a lot more $/sq ft for this privilege, and personally I dont find the return to justify it.

So maybe check out Little Havana, Design District, or another tourist area that's not on the beach itself.  Or you can risk it, but I hear they are giving out $20k fines altho not sure if these are actually being enforced.