701 N Fort Lauderdale Beach Blvd Ph1801, Fort Lauderdale
MLS® # F10369039
Beckett Realty specializes in long-term rentals of luxury South Florida condominiums. Let our experienced team help you find the perfect rental in South Florida. There are plenty of downtown and waterfront condos to rent on a seasonal or annual basis. Whether you are looking for a downtown luxury condo or waterfront condo-hotel for long-term rental, let our team find you the perfect property.
MLS® # F10369039
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Many of Florida's condominiums are owned as second homes or vacation properties. As such, their owners only spend part of the year living in them and often look to rent them out when not in use to generate extra income. This means that the Florida condo market offers a range of rental options, providing you the opportunity to enjoy luxurious and convenient condo living at a very reasonable price.
Renting a condo in South Florida has many benefits over, say, a hotel. These include:
And what if you are considering buying a condo instead of just renting one? Well, buying a condo is a great way to generate extra income, secure equity in a fantastic real estate market, and own your own piece of paradise. But it has its drawbacks. For a start, you may not want to be subject to all the rules of a condo association or HOA, and you may want to invest your money in assets that appreciate more quickly than condos. For example, many such organizations don't allow short term rentals.
Also, if you're only planning on occupying the condo some of the time, dealing with renters or property management companies may not be your thing. And furthermore, you'll often want to occupy a condo yourself at the exact time of year when it would be most profitable as a rental, forcing you into some awkward calculations when all you want is some fun in the sun.
In contrast, simply renting a condo gives you the freedom to walk away after a few months, without having to deal with HOAs or condo associations. You're also free to choose different condos for each visit, changing scenery, lifestyle, amenities, or even hopping between cities in South Florida. And after you take into account repairs, management fees, HOA fees, and so on - it might just be a better use of your money.
When renting an apartment, your relationship as a renter is with the owner or management company responsible for the entire building. As such, the deal is usually a "once size fits all" affair, with little room for personalization or negotiation. Apartments are also only fitted for renting, so they're optimized for profit, which means fewer amenities and lower-quality appliances, furniture, and so on. They may also see a much higher volume of renters coming through, so the level of wear and tear will be higher.
Condos on the other hand are privately and individually owned and rented out by those private owners. As such, you have the opportunity to build a relationship with the person responsible for the condo, assisting in repairs and special accommodations. Furthermore, since the condo is set up as a home, the quality and finish will be much higher.
Condos also offer a range of on-site, common amenities, and it's important to find out what access or usage is covered by your rent or status as a renter. However, when renting a condo in South Florida you will probably be able to enjoy some of the following amenities:
Will you be allowed to use all of the condo community's services, amenities, and common facilities? Are there any extra incentives attached?
Where do you park your vehicle? Do you have private parking, or do you have to find off-site parking?
You never know who may show up! Better to check in advance, even if you're not planning on having guests over.
What if you want to leave early? Or later? Check to see how and under what conditions you can make changes to your rental agreement.
Make sure you get a proper run-down of known issues, and report any new issues as they come up. Have some agreement or policy in place for handling these.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2023 BeachesMLS, Inc.
Listing information last updated on March 29th, 2023 at 9:52am EDT.