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Updated over 4 years ago on . Most recent reply

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197
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Syed Lateef
  • Professional
  • Chicago, IL
131
Votes |
197
Posts

Miami, Fort Lauderdale, West Palm Beach South Florida Airbnb/VRBO

Syed Lateef
  • Professional
  • Chicago, IL
Posted

Hi I currently manage 30 Airbnb rentals in Chicago.

I am flying out to Miami after during the week of February 7th. I will drive out to Fort Lauderdale  & West Palm Beach

I am interested in Airbnb investing in South Florida. 

Any tips or suggestions for me while i come down to understand the area? I hear theres high demand for short term vacation rentals in Florida

Any Airbnb Hosts, Real Estate Agents, Investors like to meet up for 30 min Coffee? (on me and close to your location)

Most Popular Reply

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144
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75
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Alex M.
  • New York, NY
75
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144
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Alex M.
  • New York, NY
Replied

Miami beach is tough, i'd avoid it at all cost unless you live in the unit and establish yourself and then do it once in a while.  A family friend is pretty connected in local gov't in miami and said they are still giving out the large fines.

If you get a "Condo Hotel" you can do STR. But that's the only way you can do it legally in Miami Beach. If you go to surfside, up north, you can do it, but not exactly sure of the demand there. Would love to know if anyone has tried it there.

Little Havana and downtown Miami I believe its OK.

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