Property Type · Florida
Condotel / Hotel-Condo Buyer in Florida
Buying a condotel in Florida? Specialty non-QM lenders treat them as residential — not commercial.
Common challenges we solve
- Most conventional lenders decline condotels
- Wanting personal use plus rental income
- HOA and management-company contracts
What you get with Lumos
Non-QM and portfolio condotel programs
Competitive leverage options
Investor or second-home occupancy
What's different in Florida
Florida condotels are concentrated in Miami Beach and the Orlando tourist corridor. Lenders review the rental-management agreement and the building's milestone inspection and SIRS reserve status, and short stays are subject to Florida's tourist-development taxes.
Loan programs that typically fit
Frequently asked
- What makes it a condotel?
- Hotel-style management, on-site check-in, daily rental program.
- Down payment?
- Down payment requirements vary by program — we'll show you your options.
