Miami visitors are getting more choices on where to stay, as buildings geared toward short-term rentals pop up in neighborhoods across the region. High-profile events like Formula One, Ultra and the World Cup bring a steady stream visitors to South Florida, and the city is perennially popular with tourists and part-time residents, all needing accommodations. So, developers say they’re capitalizing on the demand by building apartment-hotel hybrids in Brickell, Edgewater, Wynwood and Miami Beach. Units in short-term rental buildings typically come furnished, and unit owners can rent them out on Airbnb and Vrbo for stays as short as one night. More than a dozen condo buildings geared toward short-term rentals are recently completed, under construction or soon to be built in Miami and Miami Beach. These buildings compete with traditional hotels, and often offer larger units with seating areas and kitchens. Developers say the units, often priced lower than new luxury condos in Miami, are good investments and a way to make rental income on a second home. But some officials, like Miami Beach Commissioner Alex Fernandez, say these short-term rental buildings come with some of the same problems as traditional Airbnbs, like driving up rents for nearby residences and contributing to a more transient feeling in a neighborhood. The NoMad Residences Wynwood, which celebrated its grand opening on Thursday evening, is the latest short-term rental building to open in Miami. Unit owners will begin moving into the building in the coming weeks. The eclectically decorated, 329-unit condo building at 2700 NW Second Ave. is part of the Hilton-owned NoMad hotels brand. Wynwood, the former industrial district turned arts and entertainment area two miles north of downtown, has seen major redevelopment over the last decade. Amro Zakarni, Related Group’s senior vice president of development, said the building’s furniture and finishes were chosen with design in mind, from the custom panels of floral embroidery on the reception desk to the blue-and-white scalloped pool umbrellas on the roof deck.

Some short-term rental buildings go for a simpler, more hotel-like look, but Zakarni said he thinks the NoMad’s colorful and funky design is what drew in many buyers. Unit prices range from $680,000 to just under $1 million. Developers building short-term rental buildings typically need special permits allowing short-term stays, and the developments usually need to be built on sites zoned for hotels.