Air BnB friendly cities in SE FL?

[Terry Landon]

Broward, Miami Dade, Palm Beach, etc.

What are cities with policies that allow AirBnB?

[Clay Asplundh]

Many cities have rules and regulations against STRs but they choose not to enforce them because they were grandfathered in and serve the towns no benefit ($). Delray and Lake Worth both fall under this bucket. The state government banned cities about a decade ago from making any new restrictions against STRs. I cannot speak to Miami Dade or Broward Counties, but West Palm Beach allows short term rentals and feel free to reach out to me for more details.

[Austin Drew]

I 2nd Palm beach county over Broward and Dade county 

[John Underwood]

Airbnb is just a listing platform. You mean STR to list on Airbnb.

[Brooklyn McCarty]

Be careful with metro markets like this 

[Dominick Galinis]

So, as of right now there's nothing being actively banned. However, there are regulations that are in place that are being enforced. Also, inspectors for STR properties in certain areas are taking a bit to get done. So I'd keep that in mind as well

[Michael Baum]

Why take the chance in an area that could clamp down and leave you holding the bag?

[Kevin Kohler]

Each municipality has its own requirements.  Dade is the most tricky and that is why many of the new condo towers being built are being built and marketed as "airbnb friendly."  After underwriting a lot of properties across FL, I would lean towards PB as well.  margins get tight in the FLL metro.  

I don't want to get too generalized in the forums and overall there is a lot of difference.  

[Andrew Steffens]

How are margins in Palm Beach County? Every time I have looked in S Florida the returns do not make sense.  West Coast of FL, specifically Tampa market (including Pinellas Beaches) have sweet spots with no regulation and 12-15% gross returns easily found, with some unicorns going to 20%+

[Daylen Fiallo]

Dade county is great for short term rentals, just be aware that there is alot of competition.

[Clay Asplundh]

Quote from @Andrew Steffens:

How are margins in Palm Beach County? Every time I have looked in S Florida the returns do not make sense.  West Coast of FL, specifically Tampa market (including Pinellas Beaches) have sweet spots with no regulation and 12-15% gross returns easily found, with some unicorns going to 20%+

The majority of listings don't make sense as short term rentals but looking in the right neighborhoods you can find Cash on Cash returns of 20%+. It takes time though to find the right property, and having the right amenities is definitely critical.