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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