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Murano Grande South Beach – Rental Policy (Six Month Minimum):


February 5, 2013

 

Murano Grande South Beach

Demand for oceanfront condos was particularly high this winter.  Prices for Miami Beach oceanfront condos for rent soared as inventory dipped to dramatic lows.

If you wanted to rent a luxury waterfront condo in South Beach this year, you probably had to sign a six month lease.  This minimum rental in the Murano Grande South Beach and most other luxury condo buildings is months.  This discourages short term rentals, which are lucrative for owners, but increase noise and wear-and-tear on buildings.

Despite long rental minimums and extensive background checks, demand for Murano Grande South Beach condos remained very strong.  In fact, at the time this article was written, only 2 out of the 270 total condos in the Murano Grande South Beach remained available for lease.

Anyone interested in renting a condo in the Murano Grande South Beach should start early, as each lease has to go through an approval process which includes a background check.  Call me the next time you consider renting a condo in the Murano Grande South Beach and I will make sure the process is smooth and painless.