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Miami Beach Cracks Down on Short Term Rentals


December 16, 2016

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Do you have any plans to rent your condo on popular short term rental services like Airbnb? If so, the city of Miami Beach would like to have a word with you. City laws allow residents to rent out their properties on a short term basis in specific areas around the city, with the exception of single family homes which cannot participate regardless of where they’re located.

Miami Beach has been actively taking control of stopping illegal rentals, in some cases fining violators as much as $20,000 per violation. Residents have often complained that services like Airbnb result in an increased level of noise due to noisy renters. The hotel industry has also taken issue with the fact that hosts are not forced to pay local resort taxes, resulting in unfair competition.

City commissioners recently voted to make regulations on short term rentals stricter. Any homeowner that wishes to advertise their unit on a service like Airbnb must submit an affidavit to the city that affirms their property is located within in area that has been approved for renting on a short term basis. They must also obtain a resort tax account as well as a business tax receipt. Furthermore, the homeowner will be required to show proof that their association allows short term rentals. The fines for a violation will be at least $1,000.

This update is presented by Miami Beach real estate team at Blackstone International Realty, specializing in Murano Grande.  If you are interested in Miami Beach condos, call one of the Murano Grande sales experts at 305-588-2451 for information on buying opportunities and rentals.