AIRbnb Miami- Exploring Condos that allow AIRBNB
August 2, 2023Miami Condos That Allow Airbnb
Welcome to our comprehensive guide to the finest Miami condos that allow Airbnb. If you’re an investor or a traveler seeking a perfect combination of luxury, convenience, and rental income potential, you’ve come to the right place. In this article, we’ll take you on a journey through some of the most sought-after condominiums in Miami that embrace short-term rentals like Airbnb. From stunning oceanfront residences to vibrant urban living spaces, Miami offers an array of options for those looking to indulge in a profitable and pleasurable real estate venture.
According to a 2023 report by ChamberofCommerce.org, investor beliefs are substantiated as Airbnbs in Miami boasts the 10th highest average daily rate ($290) among all large U.S. cities. Smaller pockets like Miami Beach ($426), Key Biscayne ($571), and neighboring Fort Lauderdale ($297) showcase even higher average daily rates.
Moreover, Miami stands out as the city with the most Airbnb short-term rental listings per 100,000 people, further signaling a booming business with tremendous long-term potential in the vacation rental market.
With Miami’s rich cultural diversity, top-notch restaurants, abundant outdoor activities, vibrant nightlife, and year-round warm weather, it comes as no surprise that everyone desires a pied-a-terre here. Owning a condo in an Airbnb-approved building that allows daily or short-term rentals offers a remarkable opportunity for owners and investors to subsidize their amazing Miami lifestyle. This way, you can enjoy Miami and Miami Beach at your leisure while generating income when you’re away. It’s truly the best of both worlds!
In recent years, the sharing economy has revolutionized the way people travel and experience destinations. One of the key players in this revolution is Airbnb, a platform that allows property owners to rent out their homes or apartments to travelers seeking unique and personalized accommodations. The concept has gained immense popularity worldwide, and Miami, Florida, with its vibrant culture, stunning beaches, and thriving tourism industry, has become a hotspot for both Airbnb hosts and travelers. However, the rise of short-term rentals in the city has sparked a debate within the real estate market, particularly concerning Miami condos that allow Airbnb.
Miami’s Real Estate Market: A Booming Condo Scene 
Miami’s real estate market has been experiencing a boom, with luxury condos being a significant driver of this growth. Many investors and property buyers are drawn to the city’s glamorous lifestyle and the potential for lucrative returns on real estate investments. The allure of owning a condo in Miami has led to a surge in construction, adding a remarkable array of high-rise buildings to the city’s skyline.
Miami Condos and Airbnb: The Controversy
The surge in Airbnb rentals has created a complex situation in Miami’s condo market. While some condo owners see short-term rentals as a lucrative opportunity to generate additional income, others are concerned about the potential negative effects on the traditional rental market and the community as a whole.
3.1 The Impact of Airbnb on Traditional Rental Markets
The prevalence of Airbnb rentals can lead to a reduced inventory of long-term rental units in Miami. As more property owners opt to list their condos on Airbnb for short stays, the availability of rental properties for long-term tenants decreases. This trend can potentially drive up rental prices, making it more challenging for permanent residents to find affordable housing.
3.2 Homeowner Associations and Airbnb Regulations
Many condominiums in Miami are governed by homeowner associations (HOAs), which often have strict rules and regulations regarding short-term rentals. Some HOAs may outright prohibit Airbnb and other short-term rental platforms, while others may have specific guidelines in place to regulate such activities. Violating these rules can result in fines or even legal action against condo owners.
3.3 Airbnb-Friendly Condos in Miami: An Overview
Despite the controversy, there are several Miami condos that allow Airbnb. These buildings have embraced the short-term rental trend, recognizing the potential benefits it can bring to both property owners and tourists. Let’s explore some of the top Airbnb-friendly condos in Miami.
Miami 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’s 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 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 verify any Miami condo’s rules and regulations.
| CONDO NAME | NEIGHBORHOOD | PRICES | RENTAL POLICY |
| 2080 Hallandale | Hallandale Beach | $599,000 – $820,000 | Monthly, Seasonal |
| 1 Hotel & Homes | South Beach | $2,500,000 – $8,999,995 | Daily, only hotel program |
| ABAE (1215 on West) | South Beach | $360,000 – $532,000 | Daily, only hotel program |
| Akoya | Mid Beach | $695,000 – $2,936,000 | Monthly, Seasonal |
| Aventura Beach Club / Marco Polo Residences | Sunny Isles Beach | $175,000 – $349,999 | Daily |
| Barbizon Beach Club | South Beach | Contact us | Daily |
| Bayshore Yacht & Tennis Club | North Bay Village | $215,000 – $275,000 | Daily |
| Beach club II | Hallandale Beach | $650,000 – $3,000,000 | Monthly, Seasonal |
| Beachwalk | Hallandale Beach | $486,700 – $995,000 | No restrictions |
| Bel Aire on the Ocean | North Beach | $950,000 – $995,000 | Monthly, Seasonal |
| Bentley Beach Hilton | South Beach | $780,000 – $1,300,000 | Daily |
| Brickell House | Brickell | $489,000 – $15,000,000 | Monthly, Seasonal |
| Carillon Resort and Condo (Center Tower) | North Beach | $559,000 – $1,825,000 | Daily |
| Carlyle Deco Hotel | South Beach | $700,000 – $1,500,000 | Daily |
| Casablanca | North Beach | $249,000 – $1,725,000 | Daily |
| Castle Beach Club | Mid-Beach | $269,000 – $2,500,000 | No restrictions |
| Congress Hotel – Strand Condo | South Beach | $379,000 – $720,000 | No restrictions |
| Conrad Mayfield | Brickell | $579,999 – $980,000 | Daily |
| Costa Hollywood | Hollywood | $325,000 – $2,500,000 | No restrictions |
| Edition Miami Beach | South Beach | $3,300,000+ | Monthly |
| Emilia Edgewater | Edgewater | $249,000 – $620,000 | Daily, no restrictions |
| Empire Condo | South Beach | Contact us | Daily |
| Faena Hotel Residences | Mid-Beach | $2,000,000+ | Daily |
| Fortune House | Brickell | $348,999 – $525,000 | Daily |
| Fountainebleau | Mid Beach | $866,000 – $2,895,000 | Daily |
| Four Seasons Residences Brickell | Brickell | $795,000 – $16,900,000 | Daily |
| Gale Residences | Fort Lauderdale Beach | $500,000 – 1,300,000 | No restrictions |
| Grand Bay Ritz Carlton | Key Biscayne | $490,000 – 1,800,000 | Monthly, Seasonal |
| Harborview | Fisher Island | Contact us | Daily |
| Hyde Beach House | Hollywood | $640,000 – $1,575,000 | No restrictions |
| Hyde Resort & Residences | Hollywood | $552,999 – $2,250,000 | No restrictions |
| Icon Brickell III (W Miami) | Brickell | $590,000 – $1,489,000 | No restrictions |
| King David | Sunny Isles Beach | $700,000 – $787,000 | Monthly, Seasonal |
| La Perla | Sunny Isles Beach | $729,900 – $1,625,000 | Monthly, Seasonal |
| Le Cartier | Sunny Isles Beach | $449,900 – $524,000 | 7 days |
| M Resort Residences | Sunny Isles Beach | $384,900 – $1,050,000 | Daily |
| Marenas Beach Resort | Sunny Isles Beach | $625,000 – $1,100,000 | Daily |
| Marina Village | Fisher Island | Contact us | Daily |
| Midblock | Midtown | $565,000 – $1,150,000 | Daily |
| Mondrian | South Beach | $310,500 – $3,495,000 | Daily |
| Mutiny Park | Coconut Grove | $440,000 – $799,000 | Daily |
| Natiivo | Downtown Miami | Contact us | Daily |
| Ocean Manor | Fort Lauderdale | $879,000 – $899,000 | Daily (condo-hotel) |
| Ocean Place | South Beach | $1,925,000 – $2,199,000 | Weekly |
| Ocean Point Beach Club | Sunny Isles Beach | $489,900 – $1,250,000 | Daily if in hotel program, or if not in hotel program, then 3 months (6 months max), 3 times a year |
| Ocean Reserve | Sunny Isles Beach | $495,000 – $785,000 | Daily if unit registered for short term rentals |
| Ocean Villas | Mid-Beach | contact us | Daily |
| Oleta House | North Miami Beach | $250,000 – $1,500,000 | Daily |
| Opera Tower | Edgewater | $219,000 – $625,000 | 30 day minimum, 12 times a year |
| Q Club (Hilton) | Fort Lauderdale | $254,000 – $1,200,000 | Daily (condo-hotel) |
| Quadro | Design District | $650,000 – $1,200,000 | Daily |
| Ritz-Carlton Coconut Grove | Coconut Grove | $1,595,000 – $4,990,000 | Monthly, Seasonal |
| Roney Palace | South Beach | $575,000 – $3,500,000 | Monthly, Seasonal |
| Royal South Beach | South Beach | Contact us | Daily |
| Setai | South Beach | $2,375,000 – $4,850,000 | Daily |
| Shelbourne | South Beach | $375,000 – $1,200,000 | Daily |
| SLS Brickell | Brickell | $420,000 – $5,900,000 | Daily for condo-hotel units |
| Sole | Sunny Isles Beach | $380,000 – $820,000 | Daily (condo-hotel) |
| The Bogart | South Beach | Contact us | Daily |
| The Club at Brickell Bay | Brickell | $450,000 – $1,650,000 | Daily |
| The Elser Hotel and Residences | Downtown Miami | $730,000 – $1,819,333 | No rental restrictions |
| The Flamingo | South Beach | $300,000 – $750,000 | Monthly, Seasonal |
| The Grand | Edgewater | $395,000 – $1,700,000 | 30 day minimum, 12 times a year |
| The Mercury | South Beach | $329,000 – $419,000 | Daily |
| The Mutiny | Coconut Grove | $479,000 – $1,550,000 | Daily |
| The Neville | South Beach | $449,000- 510,000 | Daily |
| The Sail on Brickell | Brickell | $379,999 – $570,000 | Monthly, Seasonal |
| Tower 41 | Mid Beach | $365,000 – $3,500,000 | Daily |
| Trump International | Sunny Isles Beach | $280,000 – $1,999,000 | Daily |
| W Residences Fort Lauderdale | Fort Lauderdale Beach | $680,000 – $2,100,000 | Daily |
| W Hotel South Beach | South Beach | $1,195,000 – $15,500,000 | Daily |
| Yacht Club at Aventura | Aventura | $530,000 – $699,000 | Daily |
| YotelPad | Downtown Miami | $435,000 – $609,500 | Daily |
| Z Ocean Hotel | South Beach | $350,000 – $4,900,000 | No restrictions |
Prices are based on market at the time of publishing.
— Miami Pre-construction Condos that Allow Airbnb
These new condo buildings in development in Miami, Miami Beach and Fort Lauderdale will allow short-term rentals.
| CONDO NAME | NEIGHBORHOOD | PRICES | RENTAL POLICY |
| 501 First | Downtown Miami | Contact us | Daily |
| 600 Miami Worldcenter | Downtown Miami | Contact us | Daily, no restrictions |
| 72 Park | North Beach | $700,000 and up | Daily, no restrictions |
| Aria Reserve | Edgewater | Contact us | 30 days, 4 times per year |
| The Crosby | Downtown Miami | Contact us | Daily, no restrictions |
| District 225 | Downtown Miami | Contact us | Daily |
| Domus Brickell Park | Brickell | Contact us | Daily (only on Hosteeva) or monthly, owners can stay no longer than 6 months at a time |
| E11even Beyond | Downtown Miami | Contact Us | 30 day minimum |
| E11even Hotel & Residences | Downtown Miami | Contact us | Daily |
| Ella Miami Beach | North Beach | Contact us | Daily, no restrictions |
| Legacy Hotel and Residences | Downtown Miami | $400,000 and up | Daily |
| Lofty Brickell | Brickell | Contact Us | Daily, no restrictions |
| Nautica Hotel and Residences (part of the Raintree project by Cymbal) | Fort Lauderdale | Contact us | Daily |
| Nexo Residences | North Miami Beach | Contact us | No restrictions |
| NoMad Residences | Wynwood | Contact us | No restrictions |
| Okan Tower | Downtown Miami | contact us | Daily |
| ORA by Casa Tua | Brickell | Contact us | Short-term rental flexibility |
| Smart Brickell | Brickell | Contact us | Daily, but only 24 times a year |
| Smart Brickell II | Brickell | Contact us | Daily, but only 24 times a year |
| Smart Brickell III | Brickell | Contact us | Daily, but only 24 times a year |
| The Avenue Coral Gables | Coral Gables | Contact us | Daily |
| The Standard Residences | Midtown | Contact us | 30-day minimum, 12 times per year |
| Urbin Coconut Grove | Coconut Grove | Contact us | Leaseback program, owners may use residence up to 90 nights per year |
| Urbin Miami Beach | South Beach | Contact us | Leaseback program, owners may use residence up to 90 nights per year |
| Vida Residences | Edgewater | Contact us | Flexible rentals + FlexShare Program |
| Visions at Brickell Station | Brickell | Contact us | No restrictions |
| Waldorf Astoria | Downtown Miami | Contact us | Daily |
| West Eleventh Residences | Downtown Miami | Contact us | Daily |
To view all PRE-CONSTRUCTION projects click HERE.
Investing in Airbnb-Friendly Condos: Pros and Cons
As the debate over Airbnb rentals in Miami’s condo market continues, some investors are contemplating the idea of purchasing condos specifically for short-term rentals. Let’s explore the pros and cons of investing in Airbnb-friendly condos.
Pros of Investing in Airbnb-Friendly Condos
- Lucrative Returns: With the high demand for short-term rentals in Miami, owning an Airbnb-friendly condo can yield substantial returns on investment.
- Flexibility: Investors can use the condo themselves during periods of low tourist activity, combining personal use with rental income.
- Diversification: Adding an Airbnb property to an investment portfolio diversifies risk, especially if the property market experiences fluctuations.
Cons of Investing in Airbnb-Friendly Condos
- Regulatory Risks: Changing regulations and HOA rules can impact the viability of short-term rentals in certain condos.
- Seasonal Fluctuations: Tourist demand in Miami is often seasonal, and investors may face challenges during off-peak periods.
- Management Commitment: Managing an Airbnb rental requires time and effort, from guest communication to property maintenance.
Tips for Successful Airbnb Property Management
For those considering investing in Airbnb-friendly condos, effective property management is essential for ensuring positive guest experiences and maximizing rental income.
Listing Optimization and High-Quality Photos
Creating an appealing and informative listing is crucial for attracting potential guests. High-quality photos that showcase the condo’s best features can significantly enhance its desirability.
Pricing Strategies and Seasonal Adjustments
Setting the right rental price is essential for staying competitive in the market. Additionally, adjusting prices based on seasonal demand can attract more guests during peak times.
Guest Communication and Reviews
Prompt and friendly communication with guests can lead to positive reviews, which, in turn, can attract more bookings. Responding to inquiries and resolving issues promptly builds trust with guests.
The Future of Airbnb in Miami’s Condo Market
As Miami’s real estate landscape evolves, so will the relationship between condos and Airbnb. The city’s authorities, property owners, and residents will continue to navigate the balance between tourism, investment, and maintaining the local housing market’s stability.
If you have any questions please don`t hesitate to contact us. Direct line 305.987.7470. Email: bestofbeachfront@gmail.com
