Airbnb part of Florida deal
Airbnb and a Miami developer say they’ve quietly created a first-of-its-kind apartment complex in central Florida designed to allow tenants to rent out their places for up to half of any year.
Developer Harvey Hernandez wouldn’t reveal exactly where the 324-unit building is but said it’s in Osceola County and a few minutes from the theme parks in the Kissimmee area, south of Orlando. He said he expects it to open early next year.
Osceola officials said they didn’t know about the project, called “Niido Powered by Airbnb.”
“Niido is a community where we embrace home sharing for the benefit of our tenants,” said Hernadez, CEO of Newgard Development.
He said Niido would allow renters to leases their units on Airbnb for up to 180 days per year. Any money earned would be shared between the renter and Niido, said Jaja Jackson of Airbnb.