Benefits of Condo Living in Miami
You want to be able to attract clients which, in this case, means tenants. An important way to be able to do this is to demonstrate the value your product has. In this case, that product is condo living.
Our area is unique because we have the ability to attract both short and long-term tenants. Whether it’s short term vacation or long term residents, either way it means having someone in the unit paying to use it.
Plus, Florida in general also has the distinctive type of tenant often referred to as a snowbird. They live up north and migrate south in the winter, so they don’t live here for just a week but it’s also not year round.
Condominium units offer something that other types of residential rentals can’t and it’s vital to realize this because it’s the unique selling point of the real estate investment you own.
Condos & Their Unique Selling Points
Houses will always remain appealing so the trick is to really help prospective renters understand what makes a condo such a great fit, especially when renting.
- Overall, it’s way less stress. Homes requires a lot more maintenance. This includes taking care of the grounds, especially if there is a pool. Why not enjoy all the perks of having someone else take care of things like mowing the grass and maintaining the pool, without having to tend to it yourself.
- You can be as social or as private as you’d like. There’s a common misconception that condominium living has to mean dealing with a lot of neighbors. That’s entirely up to you. It’s just as easy to minimize interaction with your neighbors in condo setting as a home. However, it’s nice to have peace of mind that you do have people around you in the event of an emergency or if you are feeling a bit more social.
- Oh the amenities! Although these may vary, some common shared amenities in condo living situations include a pool area, gym, and theater room. The best part if that someone else takes care of these amenities so all you have to do is show up and enjoy them.
Having property management to take care of your condo rental for your real estate investment just makes good sense. It affords you the ability to generate income from your investment, without having to deal with the day-to-day operations.
When only the best will do, call us for your Miami Beach Property Management Company. At Doric Property Management Inc., we go above and beyond to take care of your tenants so we can meet and exceed your expectations.