The Real Deal – Miami Beach condo buyer sues seller and broker over alleged Airbnb misrepresentations

March 30, 2017
Bahamian investor Martina Abosi wanted to get in on the Airbnb action in Miami Beach to help fund her retirement, so she set out to find a condo in areas of the city where short-term rentals are allowed. Instead, Abosi paid $330,000 last year for a unit in a 1960s mid-rise tower that was allegedly renovated without permits, located in a neighborhood where short-term rentals are prohibited. And she faces a $20,000 fine should she seek out renters, according to a lawsuit she recently filed in Miami-Dade Circuit Court…
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