Miami, FL, September 14, 2007 --(PR.com
)-- Finding an apartment or condo for rent in Miami shouldn’t be a problem. With so many apartment complexes and individual investors who bought condos in the recent real estate boom, the rentals' inventory has remained high.
A good start for anyone considering renting in South Florida is SellHousesMiami.com, a Miami real estate website that lets visitors search the local MLS for homes for sale, now featuring residential rental listings available to the public.
Taking as a sample apartments/condos with 2 bedrooms and 2 bathrooms, there's a wide range of rent prices, obviously depending of the areas: in Aventura, an area largely comprised of condo buildings, 328 of units with rent prices between $1,200 to $5,250.
In Miami Beach, there were in the first week of September 385 units available, with rent prices between $1,200 and several over $8,000, including one for $16,000 at the luxurious Setai. Most condos and apartments hovered around the $3,000 monthly rent, and the majority is concentrated in popular South Beach.
In Downtown Miami, specifically in Brickell, where a good part of the new construction is taking place, there were 226 units available for rent in the same period, 56 of which were priced between $3,000 and $9,000 per month.
SellHousesMiami.com is maintained and operated by Miami real estate agent Orlando Garcia, who handles rentals regularly. Here are a few tips from Orlando about the process of renting in South Florida:
-Start looking early, don’t delay, call a real estate agent that handles rentals or start browsing the classified websites like Craigslist, the Miami Herald, etc. If possible, begin your search at least 30 days before the date you’re planning to move. The reason for so much anticipation is simple: if there’s an application with the apartment complex or condominium association, it may very well take 10-20 days to get an approval, so the sooner the application the better.
-Make a list of the things you will need to know: how many parking spaces, is there washer/dryer in the premises, what is the policy regarding pets, and what is the minimum length of contract.
-Ask about application fees, and security deposits. Condo associations require an application fee that can be around $150, and many of them require now also a refundable deposit, in case you incur in damages to common areas.
-Landlords in Miami usually require first month’s rent and a security deposit (which is not the last month’s rent as many people believe) to cover for any damage to the property. Some landlords require 2 month’s rent as security deposit plus the 1st month.
-Ask about what is included in the rent: water, electricity, cable TV. Don’t be afraid of negotiating, many landlords and management companies in Miami do negotiate the terms of the leases.