Miami Beach’s Top 3 Buildings To Maximize Your InvestmentOctober 3, 2017
Short Term Rentals: Miami Beach’s Top 3 Buildings To Maximize Your Investment
The Miami real estate market is booming with investors looking to profit from the city’s highly trafficked luxury market of Miami Beach rentals. As the market grows, though, the city is finding it more and more necessary to crack down on vacation rentals and rental companies that breach zoning and condo association laws. This essentially means that renting and making a profit from real estate investments is becoming increasingly difficult. There are a few properties that are exempt to these rules and can bring an amazing return on investment due to the incredibly high demand for short term or vacation rentals. If you’re looking to invest in Miami Beach rentals, it is important to know the zoning laws in order to know what buildings will allow you to maximize your investment, and we at Aria Luxe can help. Here are three buildings that we recommend:
Built in 2008, Mondrian South Beach is located right in the heart of Miami’s hustle and bustle. The 20-story building is one of the most desirable locations for Miami Beach rentals. Units in Mondrian South Beach range from studios to three bedrooms, and building amenities including a brand new fitness center, rooftop bar, garden, swimming pool, bellhop service, room service, and access to Delano beach with cabanas and restaurants within walking distance. Having such a wide range of accommodations ensures that Mondrian stays competitively attractive to outside renters. With more than 300 vacation rentals for sale in prices ranging from around $300,000 to upwards of $7 million, this complex offers something to Miami real estate investors in any price range.
Flamingo South Beach condos offers some of the best views of Biscayne Bay and downtown Miami in all of the South Beach area. In addition to these gorgeous views, the property offers more than sixteen acres of lush tropical walking paths, fountains and other water features like marina access and marina drop off and pickup services. Flamingo offers an unprecedented number of amenities including access to an outdoor spa, outdoor pool with poolside cabana, business center, covered parking garage, media room, and much more. Boasting more than 1,600 units, Flamingo South Beach is perfect for both permanent residents or short term vacationers and offers a promising place for Miami real estate investors.
Fontana may be situated right on West Avenue, in the thick of Miami life, but it offers the comfort and privacy of a retreat. The beautiful art deco design takes you back to the 1960s while modern renovations and furnishings keep you in the lap of luxury. With a total of 26 units, residents can experience luxury and privacy with a more intimate floor plan and a more communal feel than some larger Miami Beach rental properties. As a real estate investment, Fontana is truly a catch. The building provides luxury amenities including outdoor pool, private lounge decks, and parking, with unbeatable tranquility and privacy, all within walking distance of popular Miami entertainment. Whether you are investing in Fontana for vacation rentals or for long term residences, Fontana South Beach is sure to give any Miami real estate investor an amazing return.
Contact Aria Luxe today to start maximizing your investment.