Miami is a popular tourist destination, and it’s no surprise that many visitors choose to stay in Airbnb rentals. However, finding an Airbnb-friendly condo can be challenging. Miami has specific regulations when it comes to short-term rentals, and not all condos allow them.
To make your search easier, we’ve put together some considerations to keep in mind when looking for Airbnb-friendly condos in Miami.
Check the Condo Association Rules
Before booking an Airbnb rental in a condo building, you need to check the association rules. Many associations have strict policies about short-term rentals or even prohibit them altogether. Make sure you read through the rules and regulations carefully before making any commitments. If you’re unsure about anything, don’t hesitate to reach out to the property manager or landlord.
Look for Properties with Flexible Leases
One of the best ways to ensure that your condo is Airbnb-friendly, such as those at Gale Miami Hotel Residences, is by renting from a property owner who offers flexible leases. The longer the lease term, the more likely they are willing to allow short-term rentals. Be upfront with them about your intentions of using their property as an Airbnb rental and ensure that it’s allowed.
When searching for Airbnb-friendly condos in Miami, location is key. Some neighborhoods are more lenient towards short-term rentals than others; therefore, it’s crucial to research areas where this practice is legal and acceptable. Areas such as South Beach are known for being more tolerant of short-term rentals than other neighborhoods such as Coral Gables.
Ensure Adequate Insurance Coverage
It’s vital to ensure that you have adequate insurance coverage when renting an Airbnb-friendly condo since unexpected events may occur during your stay or your guests’ stay which might lead to damage or loss of property within the unit or its common areas.