Metropolitan Brokers - Miami Real Estate Condos

  • Home
  • Miami Condos
  • Pre-Construction
  • Search for a Property
  • Featured Listings
  • Mortgage Calculator
  • Articles & Tips
  • Real Estate News
  • About Us
  • Contact Us
Featured Properties
Villa Magna BrickellOpera Tower Miami Peninsula IIPeninsula II Aventura

Met 3
Met 3 Miami


Miami Condos Links

Asia Brickell Key

Premiere Towers

Onyx2

Everglades on the Bay

Infinity at Brickell

Midtown Miami

Miami Condos Blog

This blog is dedicated to the Miami Condo market and relevant articles

Friday, April 14, 2006

Miami Oceanfront Condos for Rent

It can be difficult to find a good deal on a Miami oceanfront condo for rent. The Florida housing market is booming right now, despite of all the hurricanes and flooding that this area of the country has been subjected to lately. Indeed, finding Miami oceanfront condos for rent at any price can be a challenge, but with a little legwork and the investment of some time, there are still great deals to be had on Miami oceanfront condos for rent. There are several factors you will want to take into consideration when you are looking for a Miami oceanfront condo for rent: location, time of year, and the issue of private owners versus property management companies.

The first thing you will want to consider when you are looking at Miami oceanfront condos for rent is the exact location. Like many larger cities, Miami has lots of distinct neighborhoods. Even on the oceanfront, there are several different areas that meet different needs for people. These areas are, from south to north: Fisher Island, South Beach, Miami Beach, Surfside, Bal Harbor, Sunny Isles, and Golden Beach. Fisher Island is perhaps the most exclusive of the Miami oceanfront neighborhoods. If you want a Miami oceanfront condo for rent here, be prepared to shell out a lot of money. Fisher Island used to be the winter retreat for the Vanderbilt family, and the island is accessible only by boat. Most property on the island is for sale only, but you may be able to find a private owner who is willing to rent out a condo. If Fisher Island is the most exclusive of the Miami oceanfront neighborhoods, South Beach is the most famous. South Beach is the so-called trendy area. All the hottest clubs and restaurants are located in South Beach. Prices for a Miami oceanfront condo for rent in South Beach start at about $1500 per month. Miami Beach is a little further north and not quite as trendy as South Beach. Still, its location on the beach makes it a highly desirable location. A Miami oceanfront condo for rent starts at about $1100 a month in this area. Surfside, the next location north, is not as trendy or as expensive as Miami Beach or South Beach. You can expect to save $100-$200 a month for a Miami oceanfront condo for rent in Surfside. Bal Harbor is a bit nicer. Unlike South Beach, which is known for its nightlife, Bal Harbor prides itself on its upscale offerings. Prices for a Miami oceanfront condo for rent in Bal Harbor are more aligned with those in Miami Beach or South Beach. Sunny Isles is an interesting place to look for Miami oceanfront condos for rent. Sunny Isles is a community built by Russian immigrants and you can still see their shops and restaurants that line the streets. A Miami oceanfront condo for rent in Sunny Isles starts at about $1000 per month. Golden beach is another very upscale community in the northern part of Miami’s oceanfront. Bill Gates and Paul Newman both own homes in Golden Beach and the rent for a one bedroom Miami oceanfront condo for rent in Golden Beach starts at about $1500 per month.

Another factor you should consider is the time of year. When considering property in Florida, whether you are renting or buying, paying attention to the time of year is important if you want to get a good deal on a Miami oceanfront condo. Summers in Miami can be very hot. Of course, if you are on the oceanfront, you won’t notice the heat as much because you get the cool ocean breeze. However, you don’t have to go very far inland before bugs, heat and humidity become a major problem. This is why summer can be a great time to get a deal on a Miami oceanfront condo for rent. Summer is also the height of hurricane season, and if there has been a hurricane, the market might get soft long enough for you to get a good deal on a Miami oceanfront condo for rent. Similarly, and despite conventional wisdom, Florida has a winter. In late December and early January the wind can pick up in South Florida and temperatures can drop considerably. This too might be a good time to get a good deal on a Miami oceanfront condo for rent.

Another important issue, no matter where you are renting, is renting from a private owner versus a property manager. When you are looking for Miami oceanfront condos for rent, you will probably find a decent amount of them for rent by private owners. Sometimes these are winter residents looking to rent their place out for the summer, and if you are not staying that long this might be a good option for you. However, renting from a private owner can have its problems. You might not be able to find out much information about the property owner. Because Miami is a place that is subject to sever weather, it is especially important to know that your property owner is properly insured and will respond to any problems that arise. On the other hand, renting through a property management company is no guarantee that you won’t have any issues. That being said, there are many private owners who are excellent landlords and are more responsive than a big property management company. Check with a realtor for private owners with good track records.

There are many different factors to take into consideration when you are looking for Miami oceanfront condos for rent. The location, time of year, and whom you choose to rent from can all make a big difference in the amount of money you pay and how much luck you have in finding a Miami oceanfront condo for rent. However, with some time, research, and a little bit of luck, finding a great Miami oceanfront condo for rent should be easy.

posted by gblog at 7:17 PM   

0 Comments:

Post a Comment

<< Home

Previous Posts

  • Miami Beach Condos for Sale
  • Miami Oceanfront Condos

Powered by Blogger



Metropolitan Brokers
+1 786 66 METRO (63876)
Developed by MAXIMVS



Purchasing a Miami Condo | Selling a Miami Condo | Renting a Miami Condo | View Miami Condos | Miami Condo Market | Miami Condos | Other Miami Articles
[Site Disclaimer] [Privacy Policy] [Sitemap]

© MMV Metropolitan Brokers, All Rights Reserved