Most major hospitality brands have or are in development of a condo hotel in Miami.

The key advantages of a condo hotel are signature, world-class amenities and services, less rental restrictions/Airbnb-allowed, turn-key or hotel package furnished, and option for a hospitality-grade, professional-managed, revenue-share rental program. Newer developments have residents-only access areas.

The ideal condo hotel owner stays in unit a small percentage of year, prioritizes rental income from the unit as a vacation property, is comfortable with occupancy and rate uncertainty, and can comply with blackout dates and rules.

While not all-encompassing, this is a quick digest of initial considerations for purchasing in current market Miami. It is comprised from most common misperceptions by out of state and international buyers.