3 Miami Condos that are Perfect for Vacation Rentals

Owning a vacation rental or short term rental property is a great way to diversify your portfolio and increase your income both now and in the future. If you are considering buying a Miami condo to list as a short term or vacation rental, check out our list of 3 of the best Miami condos to buy as an income property. Some Miami condos have restrictions that require the owner to live in it full time, or only allow long term rentals of 6 months or more. Before you spend time considering a property, consider one of these 3 choices.

1. Lofty Brickell

Lofty Brickell is stil in its pre-construction phases, expected to be delivered in 2024. Condos in Lofty Brickell will range from 450 to 930 square feet, starting at $500,000. The location is ideal in the heart of Brickell, which many call the New Manhattan because of its luxurious blend of upscale residential and commercial buildings.

Condos in Lofty Brickell will feature open layouts and windows with impressive views of the Miami River and the Miami Skyline. One of the factors that makes Lofty Brickell condos particularly attractive as a vacation rental is the fact that all residences will be delivered fully furnished. The building is designed with short term rentals in mind. Units will feature:

• Private balcony
• 9' to 11' ceilings
• Floor to ceiling sliding glass doors and sound attenuating impact-resistant laminated glass throughout
• Imported European cabinets with premium hardware and drawer pulls
• Imported stone countertops and backsplash
• Luxury appliance package
• Frameless glass showers
• Extra-depth soaking tubs

Advertise an impressive list of amenities on your vacation rental listing, including:

• 24 hour welcome desk with concierge
• 24 hour valet parking
• 24 hour security
• On-site hospitality management
• Curated River-front restaurant with outdoor dining terrace
• Resort-style pool with poolside cabanas
• Pool deck bar and grill
• Co-working lounge and private meeting rooms
• Private event space featuring exclusive terrace
• Fully-equipped, state-of-the-art fitness center including HD TVs with wireless audio and a private Peloton studio
• Yoga lounge and terrace

2. The Crosby

Inspired by Crosby Street in Soho, New York, The Crosby is expected to be completed in 2025. The Crosby will be located in Downtown Miami, a popular destination for short term and vacation rentals that makes it a lucrative choice with steady demand. Units in The Crosby will range from studios of 350 square feet to 2 bedroom condos with 825 square feet, starting at $360,000. There are no rental restriction in the 33 story tower, meaning you can maximize your income potential as the owner.

Amenities in The Crosby will include:

• Rooftop resort style pool, jacuzzi, cabanas, and grilling stations
• Private rooftop restaurant and bar
• Firepit lounge with views of Biscayne Bay
• Juice and coffee bar
• Coworking center
• Gaming lounge
• 24/7 concierge services
• 24/7 security services
• Fitness center with sauna and plunge pools

3. District 225

If you are looking for a condo that is perfect for short term and vacation rentals and is already built, consider District 225. Built in 2019, it is still new and modern, but does not require any lead time. District 225 is located in the heart of Downtown Miami, and was designed with short term rentals in mind.

The designers of District 225 planned every detail with short term rentals in mind, knowing it is one of the most lucrative and quickly growing facets of the real estate industry. Units in District 225 are sold fully furnished, making for an efficient, seamless transition into the vacation rental industry.

As the owner, you will benefit from the guidance of District 225’s concierge, who will assist you in creating your property's listing. The concierge's services will include providing professional photographs of the building and amenities, as well as assisting with articulating the perfect description for your online listing.

Amenities you can advertise on your listing include:

• Resort-style pool deck with towel services and an indoor/outdoor bar area
• Social lounge with food and beverage service
• Entertainment room with gaming tables
• State-of-the-art, fully equipped fitness center featuring yoga and spin rooms with virtual trainers
• Indoor basketball court
• 28-foot-high rock climbing wall
• Regulation-size racquetball court
• Meshberg Group-designed treatment room and spa with separate his-and-hers saunas, steam rooms, and changing rooms
• Co-working floor featuring private meeting rooms, conference room, lounge area, high-speed Internet, and a full-service kitchen
• Rooftop amenity deck with gorgeous views of Downtown Miami and Biscayne Bay, featuring a plunge swim spa, fire pit, and summer kitchen
• On-site cafe offering delivery service throughout the building, to residences and to common areas
• Smart home management, including concierge service
• Electric bikes with charging stations
• Housekeeping services
• 24/7 security with controlled property access
• 24/7 valet service and self parking
• 24/7 concierge service

When you are ready to begin the search for your ideal condo in Miami, we are here to help. Contact our office any time.