Investment Guide · 2026-06-21
Best Airbnb-Friendly Condos in Miami 2026: No Rental Restriction Pre-Construction Guide
Miami has some of the most STR-friendly pre-construction condos in the U.S. — but not all buildings allow short-term rentals. This guide covers the best new developments with no rental restrictions, projected yields, and what to watch out for before you buy.
By Condo Invest Miami Research · Editorial & market research · 11 min read
Which Miami condos allow Airbnb? Only buildings whose condominium documents permit stays under 30 days, in a city zone that allows short-term rentals. Owners also need a Florida DBPR vacation rental license, a local certificate of use or business tax receipt, and a tourist tax account. New buildings whose developers state no rental restrictions include The Rider in Wynwood.
Why Miami Is One of the Best STR Markets in the U.S.
Miami’s combination of year-round warm weather, international tourism, major events (Art Basel, Ultra, Formula 1), and a growing remote-work population creates short-term rental demand. Nightly rates and occupancy vary by building, season and management; there is no official published average for Miami condos.
The catch: most luxury condo buildings in Miami prohibit short-term rentals entirely, or restrict minimum lease terms to 30, 60, or even 180 days. Buy into the wrong building and you wipe out your rental income plan.
This guide lists new pre-construction condos in Miami whose published project materials describe short-term rental flexibility, alongside rental rules, neighborhood context, and the due diligence to complete before you sign.
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What “No Rental Restrictions” Actually Means
Before you evaluate projects, know what STR-friendly looks like in practice:
- No minimum lease term: You can rent nightly, weekly, or monthly via Airbnb, VRBO, or your own booking system.
- Hotel-zoned or mixed-use zoning: The building sits in a zone that permits transient occupancy (typically T6 or hotel-commercial zoning in Miami-Dade).
- HOA/condo docs allow it: Even in STR-friendly zones, the condo association’s declaration of condominium must permit short-term rentals — always verify the actual docs, not just marketing materials.
- City/county licensing: Miami Beach requires a Business Tax Receipt and a short-term rental license. Unincorporated Miami-Dade has its own registration process. Compliance is the buyer’s responsibility.
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The Best STR-Friendly Pre-Construction Condos in Miami 2026
1. Palma Miami Beach — North Beach, Miami Beach
Price: From $650,000 | Delivery: Late 2027 | Units: 126
Palma is the most accessible STR-friendly pre-construction option in Miami Beach. Located at 600 71st Street in North Beach, the 14-story building by Lefferts offers 126 fully furnished units — including 7 penthouses — with no rental restrictions. Units range from 405 SF studios to 1,342 SF penthouses, all delivered turnkey with Studio Ramirez interiors.
Starting at $650K and positioned near 71st Street dining and the beach, Palma targets investor-occupiers seeking flexibility. The building’s LEED Gold certification and Cervera sales team strengthen its credibility.
Best for: First-time Miami investor, budget-conscious buyer, short-stay pied-à-terre
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2. Eden Residences Ojus — Ojus (North Miami Beach)
Price: From $570,000 | Delivery: Late 2027 | Units: 32
Eden Residences is a boutique 10-story building in Ojus — the emerging neighborhood between Aventura and Sunny Isles Beach — developed by Growin Group. The 32-unit building explicitly allows short-term rentals, making it one of the most affordable STR-approved options in the Miami metro.
Units start at 1BR/1BA at 467 SF (from $570K) and go up to 2BR/2BA at 1,076 SF, plus two penthouses at 2,672 SF. The building was approximately 30% pre-sold at groundbreaking, with $10K+ developer incentives available. Proximity to Brightline’s Aventura station (5 min) and Aventura Mall (10 min) gives it strong appeal to both leisure and business travelers.
Best for: Value-focused investor, Aventura/Sunny Isles market entry, small portfolio diversification
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3. THE WELL Bay Harbor Islands — Bay Harbor Islands
Price: From $1,200,000 | Delivery: 2026 | Units: 54
THE WELL pairs a luxury residential product with an explicit STR policy — a rare combo at the high end. The 54-unit building in Bay Harbor Islands is developed by Terra and branded by THE WELL (the New York wellness club), offering residents and guests access to a full spa, fitness programming, and a wellness concierge.
Units range from 1BR to 3BR, with prices from $1.2M. The wellness branding supports a pricing premium for short-term stays, since health-conscious travelers often pay above-market rates for curated programming. Delivery is expected in 2026.
Best for: Wellness-focused investor, Bay Harbor Islands market, premium STR positioning
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4. 72 Park — North Beach, Miami Beach
Price: From $700,000 | Delivery: Completed 2024 | Units: 259
72 Park is the completed sister building to 72 Carlyle, also by Lefferts, located directly across the street at 7242 Collins Avenue. The building allows short-term rentals and is already generating STR income for owners. With 259 units delivered and an active rental market established, 72 Park offers the lowest-risk STR entry point in North Beach.
Completed buildings with an STR track record are easier to finance and insure than pre-construction projects. If you want income now and no construction risk, 72 Park is the benchmark.
Best for: Risk-averse investor, immediate income, North Beach market
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STR-Friendly Projects at a Glance
| Project | Location | Price From | Delivery | STR policy published by project |
|---|---|---|---|---|
| Palma Miami Beach | North Beach | $650K | Late 2027 | Review current condominium documents |
| Eden Residences | Ojus | $570K | Late 2027 | Review current condominium documents |
| THE WELL Bay Harbor | Bay Harbor Islands | $1.2M | 2026 | Review current condominium documents |
| 72 Park | North Beach | $700K | Completed | Review current condominium documents |
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What to Verify Before Buying an STR-Friendly Condo
1. Read the Declaration of Condominium, not just the brochure. Developer marketing often promises “no rental restrictions,” but the declaration can impose minimum lease terms. Have a real estate attorney review the declaration before you sign.
2. Check the zoning. Miami Beach’s STR regulations are neighborhood-specific. Some areas (like parts of South Beach) have additional restrictions beyond what the building permits.
3. Understand the HOA fee structure. Buildings that allow STRs often carry higher HOA fees to cover extra wear, concierge services, and management overhead. Include this in your yield math.
4. Confirm the building’s STR management options. Some buildings force owners into an in-house rental program that takes 30–40% of revenue. Others allow independent managers. Know which model applies before you buy.
5. Pre-construction STR rights can change. Developer promises about STR flexibility are not always binding on future HOA boards. Prioritize buildings where STR rights are embedded in the condo docs, not only in sales materials.
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The Bottom Line
Miami’s STR market remains one of the strongest in the U.S., but truly STR-friendly luxury pre-construction supply is limited. These four projects represent the best current opportunities across price points, neighborhoods, and risk profiles.
Each project has a different location, delivery schedule and ownership model. Review the condominium declaration, local rules and the current MLS market before choosing one.
The constant: all four allow short-term rentals, all four sit in high-demand Miami submarkets, and all four are priced below the $2M threshold that defines the most liquid segment of the Miami investor market.
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Are Airbnb rentals legal in Miami Beach?
In parts of the city. Miami Beach prohibits rentals shorter than six months and one day in all single-family homes and in many apartment buildings in certain zoning districts. Where they are allowed, owners need a city business tax receipt and a resort tax certificate, a letter from the association, and both numbers must appear in every listing.
City of Miami Beach: vacation and short-term rentals
Miami Beach short-term rental requirements
What does the City of Miami require for short-term rentals?
The zoning department must confirm the property is in a transect zone that allows lodging. The owner then needs a certificate of use (renewed every year), a business tax receipt and a state DBPR lodging license. If more than 25% of a building's units are short-term rentals, the building is classified as transient and must meet extra building code requirements.
City of Miami: short-term rental and lodging procedures
Do I need a Florida license to rent my condo on Airbnb?
Yes, in most cases. Florida requires a DBPR vacation rental license if you rent an entire unit more than three times a year for less than 30 days, or advertise it as regularly rented to guests. A single-unit license costs $170 a year, plus a $50 application fee and a $10 education fee.
Florida DBPR: guide to vacation rentals
What taxes apply to short-term rentals in Miami-Dade County?
Rentals of six months or less pay Florida's 6% sales tax plus any county surtax, and local tourist taxes. Outside Miami Beach, Bal Harbour and Surfside, the county collects 6% in total. In Miami Beach, a 4% city resort tax applies along with the county's 3% convention development tax. Returns are due every month, even with no bookings.
Miami-Dade County: tourist and restaurant taxes
How do I check if a specific Miami condo allows Airbnb?
Ask the association for the current declaration, rules and any amendments, and confirm the minimum lease term in writing. Then check the address with the city zoning office and search the state's vacation rental database to see whether units in the building are already licensed.
Florida DBPR: vacation rental licensing
Frequently Asked Questions
Which Miami neighborhoods allow Airbnb rentals in condos?
Miami Beach, Aventura, Sunny Isles Beach, and unincorporated Miami-Dade generally permit short-term rentals in buildings that allow them in their condo docs. However, regulations vary by neighborhood and are subject to change. Always verify current rules with a local real estate attorney before purchasing.
Do all pre-construction condos in Miami allow short-term rentals?
No. The majority of luxury condo buildings in Miami prohibit short-term rentals or impose minimum lease terms of 30, 60, or 180 days. Buildings that explicitly allow STRs are a minority and typically command a premium for that flexibility.
What is a realistic Airbnb yield for a Miami condo?
There is no official published yield for Miami short-term rentals. Income depends on the building's rules, nightly rates, occupancy, HOA dues, management fees, licensing and taxes. Check current rental listings in the building and its rental rules before you buy.
Is it better to buy pre-construction or a completed building for STR investment?
Completed buildings offer immediate income, established STR track records, and easier financing. Pre-construction offers lower entry prices, developer incentives, and the potential for appreciation before delivery. The right choice depends on your risk tolerance and investment timeline.
Do I need a license to rent my Miami condo on Airbnb?
Yes. Miami Beach requires a Business Tax Receipt and a short-term rental license. Unincorporated Miami-Dade requires a Certificate of Use and a Tourist Development Tax registration. Failure to comply can result in fines and forced removal from rental platforms.