Brickell condos for rent are not like renting condos in other parts of the country. Renting here means a luxurious beach lifestyle mixed with the fast-paced financial district and upbeat entertainment, dining and shopping options. Some people have a pre-conceived idea that renting in Brickell is unrealistic for one reason or another. Here are 6 common myths about Brickell condos for rent that we can debunk right now:
They’re too expensive
Living in Miami, for the most part, is not cheap. The quality of living is high, which means so is the cost. However, renting in Brickell is more affordable than you think. Compact units like 950 Brickell Bay Drive #4208 come complete with spacious master suites, large living spaces, incredible views and fully furnished kitchens for an impressive $2,200 a month. Not to mention the five-star amenities available to all residents and the location that puts tenants close to work, the beach, and local entertainment spots. Larger units rent for around $4,500 a month and some tenants choose to split the rent amongst roommates, making it a luxurious and affordable renting situation
It’s only for young professionals
This couldn’t be farther from the truth. Although Brickell’s growing financial industry attracts many college grads and young professionals, Brickell is also a great place for families, singles, retirees, and empty nesters.
They’re all the same
Some people think renting means saying goodbye to character, charm, and individuality of a specific unit and that all rental units are the same. Wrong! Renting in Brickell gives tenants countless options when it comes to space, size, location, floor plan, and amenities for their particular rental. The diversity of real estate in Brickell means everyone can find a unit that matches their unique style preferences.
The price always goes up
Another common worry that potential renters have is that although they can afford the rent now, they may not be able to keep up with rising rent prices. Rent rates fluctuate depending on the area and the state of the market, and it’s not unrealistic for Miami locals to consider long-term renting until they’re ready to become homeowners.
It’s hard to find the right one
Renting means being able to be relatively flexible when it comes to commitment. Although there are strict lease agreements and contracts for renting in most Brickell buildings, tenants like the fact that if one unit doesn’t meet all of their needs, they have hundreds of other buildings to explore. If you love the amenities but aren’t crazy about the unit’s floor plan, or you love the layout of the condo but don’t like the location, it is easy to find a unit that suits your personality and lifestyle preferences. House hunting is never ultra-enjoyable, but having options makes it easier to find the perfect Brickell condo for you.
All landlords are absentee
A perk to renting is that any maintenance issues or concerns fall into the hands of the landlord, not the tenant. Some potential renters worry that an absentee landlord will make addressing issues and fixing problems a nightmare. On the contrary, however, most landlords in Brickell are local and active in the upkeep of the property. Renters can rest assured that in Brickell they won’t be left to fend for themselves and can rely on present and intentional landlords to help them navigate the rental process.
If you’ve been playing around with the idea of getting to know the Brickell area by renting, rest assured that many of the excuses you’ve been telling yourself are just myths and renting in this dynamic city is a great way to get to know the area.
Miami Association of Realtors® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed.
This website is intended for potential buyers, sellers, or renters and it has no affiliation with the home owners association at The Plaza on Brickell.