Renting an apartment in Miami

Finding an apartment for rent in Miami should not be a problem. Bought With so many apartment complexes and individual investors, the condominiums, in the recent housing boom has the inventory remains high.

On the other hand, many apartment buildings were converted into condominiums and sold in the same real estate bonanza of the last 4 years, and the "rental conversions" were a very popular option for those who buy their first homes, but especially with investors looking forfor a quick flip, and for a long time it was a good deal. This cut resources at the other end of the spectrum, balancing the availability of rental units.

The achievement of the fall of 2007, the backlog of homes for sale in Miami at a level not seen for many years have, keep the new condo under construction, adding more units to the already extensive range. Investors are now reluctant to landlords, since condos are getting harder to sell, and new ones online rentaleach month.

There are opportunities for everyone. Just do a quick search the local MLS listings of a sample of apartments & 2 bedroom apartments and 2 baths, we found a wide range of rents, of course, depending on the areas: in Aventura, an area largely from condo buildings exist, we found 328 such units with rents ranging from $ 1,200 to $ 5250th

In Miami Beach, there were 385 units available, with rents between $ 1,200 and $ 16,000 in theluxurious Setai. Most condos and apartments hovered around the $ 3000 monthly rent and the majority is concentrated in the popular South Beach.

In downtown Miami, in Brickell, where a good part of the new building were held there 226 units available for rent, 56 of whom were between $ 3,000 and $ 9,000 per month price.

A few tips from Miami real estate agent on the process of renting in Southern Florida:

Start looking earlyDo not hesitate to call an agent that handles rentals or start browsing the classified websites like SellHousesMiami.com, Craigslist, the Miami Herald, etc. If possible, begin the search for at least 30 days before the date you plan to move. The reason for so much anticipation is simple: if it is an application with the apartment complex or condominium association, it may well take 10-20 days to obtain a license, so the earlier the application the better .

-Make aList of things you need to know: How many parking spaces are there washer and dryer on the premises, is what the policy regarding pets, and what is the minimum length of the contract.

-Ask for filing fees and security deposits. Condo Associations require a filing fee that may be around $ 150, and many of them now also require a deposit if you cause damage in the common areas.

-Owner in Miami usually require first month's rent and a securitySecurity deposit (which is not the last month's rent as many people believe), for any damage to the property. Some landlords require 2 months rent deposit and the 1st Month.

-Ask for what included in the rent: water, electricity, cable TV. Do not be afraid to negotiate, many landlords and management companies in Miami do not negotiate the terms of the leases.

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