STR Regulation Tracker: What Changed in Miami, Nashville, and Austin
Regulation

STR Regulation Tracker: What Changed in Miami, Nashville, and Austin

March 2026

STR Regulation Changes — March 2026


The short-term rental regulatory landscape continues to evolve rapidly. Three of the most popular STR markets have made significant changes that affect how investors operate.


Miami-Dade County


Miami has implemented new registration requirements:


  • Annual registration fee increased to $500 per unit (up from $100)
  • 90-day minimum stay requirement in certain residential zones
  • Host must be primary resident for units in single-family zoning
  • Fines doubled for unregistered operators — now $20,000 per violation

  • The Miami changes primarily affect investors operating STRs in residential neighborhoods. Properties in mixed-use and commercial zones are largely unaffected.


    Nashville


    Nashville has taken one of the hardest lines against non-owner-occupied STRs:


  • Phase-out of non-owner-occupied permits in residential zones continues
  • No new non-owner permits being issued in most neighborhoods
  • Existing permits are non-transferable — cannot be sold with the property
  • Owner-occupied STRs remain allowed with proper permitting

  • For investors, this means Nashville STR properties must be analyzed assuming the permit dies with the current owner. This significantly impacts exit strategy and valuation.


    Austin


    Austin has taken a more balanced approach:


  • Type 2 STR licenses (non-owner-occupied) remain available but capped
  • New density limits — maximum 5% of residential units per census tract can be STRs
  • Noise and parking enforcement increased with dedicated complaint hotline
  • Revenue reporting required — hosts must report annual STR income to the city

  • Impact on DSCR Underwriting


    These regulatory changes directly affect how lenders evaluate STR income for DSCR loans:


  • Lenders are discounting STR income more heavily in regulated markets
  • Some lenders now require long-term rent comps as the primary DSCR qualification, with STR income as a bonus
  • Permit transferability is becoming a factor in property valuation

  • What We Recommend


    Before buying an STR investment property, verify the current and pending regulations in your target market. We maintain a regulation tracker across all 31 states where we lend — ask your 818 Capital advisor for the latest.

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