Miami Condos That Allow Airbnb

Miami Condos That Allow Airbnb

Sep 14, 2021 September 14, 2021

Airbnb rental property investments are a hot topic all around the U.S, but it is even more relevant in Miami and Miami Beach for a number of reasons. First, given the constant growth of the Miami area, many see Airbnb condo investments as a way to participate in real estate investing in Miami by creating cash flow while holding onto a property that is likely to continue increasing in value. 

Last updated August 27, 2021.

Second, given Miami’s rich cultural diversity, quality restaurants, the plentitude of outdoor activities and nightlife, and year-round warm weather, everyone wants to have a pied-a-terre here to come at will. Buying into an Airbnb-approved condo that allows daily or short-term rentals allows owners and investors to subsidize their amazing Miami lifestyle. They get the best of all worlds: enjoy Miami and Miami Beach when they want, and make an income when they are away.


Can You Airbnb a Condo?

The short answer is, yes, you can buy a condo and Airbnb it or rent it out on a short-term basis. But you need to understand a few key points, starting with whether the condo allows short-term rentals or not. The last thing you want to do is to buy the perfect condo but then realize it doesn’t officially allow Airbnb rentals or short-term rentals, even though some other owners are doing it. 

The good news is that many new buildings understand buyers want this option and are incorporating short-term rental plans into their building rules. Working with a real estate professional who knows which buildings are complete short-term rental options, or knows how to pull up the condo short-term rental rules of the building (or looking them up yourself) in the condo docs and condo rules and regulations is key.


Quick Tips:



Pro-Tip #1: Understand the Financing Rules

Condo buildings that allow Airbnb or short-term rental (meaning daily or weekly rentals) have different financing rules than typical condos. Financing for condos that allow 30-day or longer rentals is more conventional, while condos that allow daily rentals can require different types of financing. Use our Guide on How to Finance a Short-term or Vacation Rental to make sure you understand your financing options. 


Pro-Tip #2: Consider a Condo-Hotel

Condo-Hotels can be a great option to invest in for Airbnb rentals, since they have flexible rental rules and already have management focused on clients renting for short terms. But Condo-Hotels require special financing rules, too, and often have their own rules if you want to manage your condo-hotel unit through Airbnb instead of the hotel’s management program. Use our guide to buy a condo-hotel in Miami to help you navigate that option.


Pro-Tip #3: Consider Buying a Pre-Construction or New Construction Condo 

With the recent growth of Miami, and continued interest in its highly desirable real estate market, many developers are now building new condo buildings allowing Airbnb and short-term rentals as part of the amenities of the building.  Buying during the pre-construction phase often has the advantage of early-bird pricing and your pick of the best units. You can view our article on the latest new and preconstruction condos in Miami allowing Airbnb and short-term rentals if you are interested in buying into a new condo development project.


Airbnb Approved Condo Buildings

Here is a list of most of the Miami-area condo buildings that allow some form of short-term rentals. It is still important to verify with the condo association whether daily rentals like Airbnb are allowed per the condo docs. There are occasions where the management may be allowing the Airbnb rentals at the moment even though the building is not officially approved for daily rentals. Do your due diligence, or reach out to us to help you with your condo search or to help you verify the condo’s rules and regulations.

CONDO NAMENEIGHBORHOODPRICESRENTAL POLICY
501 First*DowntownContact usDaily
2080 HallandaleHallandale Beach$400,000 - 900,000Monthly, Seasonal
1 Hotel & HomesSouth Beach$1,170,000 - $5,950,000Daily, only hotel program
ABAE (1215 on West)South Beach$299,000 - 425,000Daily, only hotel program
AkoyaMid Beach$500,000 - 2,500,000Monthly, Seasonal
Aria Reserve*EdgewaterContact us30 days, 4 times per year
Aventura Beach Club / Marco Polo ResidencesSunny Isles Beach$147,000 - $365,000Daily
Barbizon Beach ClubSouth BeachContact usDaily
Bayshore Yacht & Tennis ClubNorth Bay Village$130,000 - 4,000,000Daily
Beachclub IIHallandale Beach$440,000 - 1,750,000Monthly, Seasonal
BeachwalkHallandale Beach$410,000 - 1,000,000No restrictions
Bel Aire on the Ocean North Beach$485,000 - 1,300,000Monthly, Seasonal
Bentley Beach HiltonSouth Beach$665,000 - $1,090,000Daily
Brickell HouseBrickell$285,000 - 5,800,000Monthly, Seasonal
Carillon Resort and Condo (Center Tower)North Beach$425,000 - $1,950,000Daily
Carlyle Deco HotelSouth Beach$700,000 - $​1,500,000Daily
CasablancaNorth Beach$190,500 - $639,000Daily
Castle Beach ClubMid-Beach$179,900 -​ 1,490,000No restrictions
Congress Hotel - Strand CondoSouth Beach$379,000 - $720,000No restrictions
Conrad MayfieldBrickell$390,000 - $1,549,000Daily
Costa HollywoodHollywood$150,000 - 750,000No restrictions
The District*Downtown MiamiContact usDaily
E11even Hotel & Residences*DowntownContact usDaily
Edition Miami Beach South Beach$1,900,000 - 7,500,000Monthly
Emilia EdgewaterEdgewater$249,000 - ​469,000Daily, no restrictions
Empire CondoSouth BeachContact usDaily
Faena Hotel ResidencesMid-BeachContact usDaily
Fortune HouseBrickell$239,000 - $410,000Daily
FountainebleauMid Beach$669,000 - ​3,200,000Daily
Four Seasons Residences BrickellBrickell$329,000 - 25,000,000Daily
Gale ResidencesFort Lauderdale Beach$500,000 - 1,300,000No restrictions
Grand Bay Ritz Carlton Key Biscayne$490,000 - 1,800,000Monthly, Seasonal
Harborview Fisher IslandContact usDaily
Hyde Beach HouseHollywood$450,000 - 3,250,000No restrictions
Hyde Resort & Residences Hollywood$400,000 - 3,200,000No restrictions
Icon Brickell III (W Miami)Brickell$345,000 - $780,000No restrictions
King David Sunny Isles Beach$400,000 - 600,000Monthly, Seasonal
La PerlaSunny Isles Beach$525,000 - 1,300,000Monthly, Seasonal
Le CartierSunny Isles Beach$215,000 - 400,0007 days
Legacy Hotel and ResidencesDowntown Miami$350000 - and upDaily
M Resort ResidencesSunny Isles Beach$384,900 - $1,050,000Daily
Marenas Beach ResortSunny Isles Beach$380,000-​ $1,050,000Daily
Marina Village Fisher IslandContact usDaily
MidblockMidtown$265,000 -​ 494,900Daily
MondrianSouth Beach$3,000 - $870,000Daily
Mutiny ParkCoconut Grove$440,000 - $799,000Daily
NatiivoDowntown MiamiContact usDaily
Ocean ManorFort LauderdaleContact usDaily (condo-hotel)
Ocean PlaceSouth Beach$449,000- 1,400,000Weekly
Ocean Point Beach ClubSunny Isles Beach$344,900 - $1,250,000Daily if in hotel program, or if not in hotel program, then 3 months (6 months max), 3 times a year
Ocean ReserveSunny Isles Beach$259,000 - 500,000Daily if unit registered for short term rentals
Ocean VillasMid-Beachcontact usDaily
Okan Tower*Downtowncontact usDaily
Oleta HouseNorth Miami Beach$250,000 - $1,500,000Daily
Opera TowerEdgewater$199,000 -​ 1,199,00030 day minimum, 12 times a year
Q Club (Hilton)Fort LauderdaleContact usDaily (condo-hotel)
QuadroDesign District$450,000 - 850,000Daily
Ritz-Carlton Coconut GroveCoconut Grove$499,000 - 3,500,000Monthly, Seasonal
Roney PalaceSouth Beach$445,000 - 2,999,000Monthly, Seasonal
Royal South BeachSouth Beachcontact usDaily
SetaiSouth Beach$1,499,000 - $8,300,000Daily
ShelbourneSouth Beach$375,000 - $1,200,000Daily
SLS BrickellBrickell$375,000- ​1,890,000Daily for condo-hotel units
Smart Brickell*BrickellContact usDaily, but only 24 times a year
SoleSunny Isles Beach$279,000-​ 1,100,000Daily (condo-hotel)
The BogartSouth BeachContact usDaily
The Club at Brickell BayBrickell$198,500- ​455,000Daily
The GrandEdgewater$1,800 -​ 2,500,00030 day minimum, 12 times a year
The FlamingoSouth BeachContact usMonthly, Seasonal
The MercurySouth Beach$274,000-​$825,000Daily
The MutinyCoconut Grove$299,000-595,000Daily
The NevilleSouth Beach$449,000- 510,000Daily
The Sail on BrickellBrickell$250,000 - $400,000Monthly, Seasonal
Tower 41Mid BeachContact usDaily
Trump InternationalSunny Isles Beach$260,900 - $1,595,000Daily
W Residences Fort LauderdaleFort Lauderdale Beach$650,000 - 1,500,000Daily
W Hotel South BeachSouth Beach$700,000 - ​10,000,000Daily
Waldorf Astoria*DowntownContact usDaily
Yacht Club at AventuraAventura$300,000 - 420,000Daily
YotelPad*DowntownContact usDaily
Z Ocean HotelSouth Beach$249,000 - 4,900,000No restrictions
*Preconstruction Condo Projects


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