Midtown Miami Condo Rental Rates on the Rise

Miami has always been a popular place to visit and enjoy the good life.  Over the past few years, more and more people are moving here.  Midtown Miami condos seem to be benefiting from the desire to live and work in the areas in and around the Midtown district. 

Midtown Miami condos consists of Two Midtown and Four Midtown.  Situated just off Biscayne Bay, these two condominiums are ideally located closet to everything as well as just a hop, skip and jump from South Beach.  Each building has its own appeal that lures those who work in Midtown and its surrounding neighborhoods to live here so much so that over the past year, rental rates at Two and Four Midtown Condos have shown solid increases.   With the increased demand, Midtown Miami condo rental rates have surpassed Brickell’s rental rates. 

Two Midtown Condominium

Probably the coolest condominium, Two Midtown is actually three different buildings in one – Two Midtown Mews, Two Midtown Midrise and Two Midtown Tower.  This is often referred to as a city within a city.  Each one offers a different appeal for renters creating a large demand. 

As more boutique condominiums, the Mews features studios, one and two-bedroom bi-level and tri-level units that are zoned as live/work spaces while Midrise features single-level and bi-level one and two-bedroom units.  Mews and Midrise consist of 18 and 62 units on eight and 11 stories, respectively.   Two Midtown Tower is a much larger condominium with 29 stories that house 258 single and bi-level units made up of studios, one and two-bedrooms. 

All units feature 10-foot ceilings, floor to ceiling impact resistant glass windows, Italian kitchens with stone counter tops and stainless steel appliances, master baths with stone flooring and designer fixtures, walk-in closets, and pre-wiring for cable and high-speed internet.  They are simply cool – no other word adequately describes them.  Residents also get to reap the benefits of 24-hour security and concierge, a roof top swimming pool overlooking the bay, fitness center with Jacuzzi, sauna, steam room, high-speed elevators, covered parking, valet, private storage facilities, ground-level retail, a lounge, and more. 

There are several rentals available at Two Midtown.  Rental rates range between $1,700 for a studio and $4,000 for an upper floor two-bedroom with amazing, panoramic views. To give you an idea of the increase, the most expensive two-bedroom unit rented over the past six months had a monthly rate of $3,200. 

Four Midtown Condominium

Four Midtown is a single condominium that offers residents a modern edge with their homes.  From the contemporary designed lobby to the seventh story pool deck that features sleek lounge chairs for sunning, an outdoor living area with grilling that rivals any home’s private outdoor living room to the amazing views over Biscayne Bay and all of Miami, no stone has been left unturned to create a spectacular residence.  Four Midtown oozes the ‘wow factor’ as much as any of the Brickell condominiums under construction or in the works.

Residences feature floor to ceiling impact resistant windows, live/work, loft and penthouse floor plans, Italian kitchen that have stainless steel appliances, custom cabinetry and stone counter tops, master baths with ceramic tile flooring and modern fixtures, walk-in closets, pre-wiring for electric, cable, high-speed internet and so much more.  On top of this, residents have community amenities such as the amazing outdoor seventh floor pool and deck with tropical landscaping, a fully-equipped fitness center, remodeled elevators and landings on each floor, covered gated parking, 24-hour concierge and security, ground level retail and restaurants, private storage facilities, key card access controlled elevators and more. 

In terms of rentals, there are always a handful of available rentals with monthly rates falling between $2,000 and $4,000.  Over the past few months, rental rates have been slightly lower.  There are 394 units in the 32-story building and currently only nine rentals available which shows the demand for this building. 

Ideal Location and Amenities Combined

No matter which Midtown Miami condominium is more appealing, Two and Four Midtown offer an ideal location and unbelievable amenities combined.  Living here is absolutely fantastic – probably why there are never more than a couple of handfuls of available rentals!

Infografía - Reach Tower del Brickell City Centre

Lujo y Exclusividad en South Beach - Hotel W

El hotel W es conocido a nivel mundial como sinónimo de lujo y estilo. De igual manera, su edificio ubicado en Miami Beach es la combinación perfecta entre el estilo de vida en Miami Beach y el lujo que representa vivir en este hotel justo en South Beach.

Construido en el 2008, el W en South Beach es un glorioso condominio – hotel cuyas 500 suites, distribuidas en 20 pisos, poseen hermosas vistas hacia el océano Atlántico-. El hotel posee suites de una, dos y hasta 3 habitaciones, posicionándolo por encima de muchos condominios a lo largo de South Beach. Para sus propietarios, los bungalows y los penthouses son incomparables.

Dentro de cada residencia, los propietarios pueden esperar encontrar propiedades perfectamente diseñadas y totalmente equipadas; amplios balcones de cristal con vistas incomparables de la playa; techos que excedan de nueve pies de altura; una cocina completa con electrodomésticos de alta gama;  madera y suelos de mármol; gabinetes importados, duchas de hidromasaje y hermosas lavabos de mármol en los baños con bañeras en las residencias más grandes; ropa de cama de la firma W Hotel (destacando siempre sus amplias camas).

En el W South Beach, los propietarios tienen la posibilidad de alquilar sus viviendas a corto o largo plazo -o incluso vivir allí sí mismos-. Para los que buscan invertir en Miami, otra opción es alquilar su propiedad a través del programa de gerencia de propiedades del hotel, debido a que el W South Beach opera de igual manera como un hotel, las tarifas de este plan pueden ser sustancialmente más, ya que suelen cobrar entre $ 700 a más de $ 7,000 por noche.

El W South Beach es ideal para los inversionistas con experiencia, o cualquier persona que busca invertir en alguna propiedad lujosa dentro de la ciudad de Miami. Ser propietario en un lugar tan exclusivo,  asociado a la reputación del hotel W es algo totalmente incomparable.

Most Affordable Brickell Rentals

Let’s face it – Brickell is the neighborhood in which most people want to live if they work in the Downtown Miami area.  With more and more developments in the works and the general atmosphere alive and well, it is no wonder that Brickell is often called the “Manhattan of the South.”  For young professionals and those seeking more excitement, living in Brickell is even more appealing because of the ability to rent either for the short term or long term.  For those who want to live in the most hip and happening area with its tropical allure, following are the most affordable Brickell rentals:

31 6^th Street, #2005, My Brickell, Monthly Rental Rate:  $1,550

My Brickell’s architecture and interior design simply scream Miami.  With the bright colors and contemporary design courtesy of famed interior designer,Karim Rashid, this newly constructed condominium is one of the top places to live in Brickell.  And to live in a brand new studio is the icing on the cake.  The studio features stainless steel appliances, Italian cabinetry, Berber carpet throughout the residence, and a washer and dryer in the unit.  On top of that, water and basic cable are included in the monthly rent.  At My Brickell, there is exclusivity about living here because each floor has only eight units.  On top of that, residents can walk to everything.  Rental rates at My Brickell range from $1,550 for a studio (this one) to $3,500 for a two-bedroom/two-bath.  As a comparison, recent rentals indicate that studios rented over the past three months have done so with monthly rates between $1,500 and $1,700. My Brickell definitely brings the cool factor to where you live.

Available Rentals at My Brickell

999 Brickell Bay Drive, #2006, Four Ambassadors, Monthly Rental Rate:  $1,600

With all the new buildings coming up, there is still something about a classic Miami condominium.  Four Ambassadors is a four-building condominium situated in a perfect location facing Biscayne Bay. This studio has a recently renovated kitchen with stainless steel appliances and new countertops.  For a studio, this is very spacious and offers great views.  In terms of size, it is as big as some one-bedroom residences with almost 600 square feet of living space.  Four Ambassadors has a ton of amenities including a resort-style pool, on-site restaurants, a marina, valet parking and more.  This property is offered on an annual basis and unfurnished.  Rentals at Four Ambassadors typically range from $1,600 for a one-bedroom to about $2,500 for a two-bedroom unit.  The only studio to rent over the past three month had a $1,700 monthly rate.  This is the perfect unit for someone who wants to be in the heart of Brickell and on the water.  The best part is it is ready for move-in. 

Available Rentals at Four Ambassadors

185 SE 14^th Terrace, #1402, Fortune House Condominium, Monthly Rental Rate:  $1,650

Fortune House is the ideal place to live for those who work in the financial district of Miami.  This unit features one bedroom and one bath, one assigned parking spot in a covered parking area, and valet along with a washer and dryer in the unit and a nice balcony to enjoy the lovely Biscayne Bay breezes.  Because Fortune House is what we call a condotel (condominium/hotel), it offers residents access to amenities found in hotels like a great pool with barbeque area, fitness center with Jacuzzi and sauna and so much more.  This furnished rental is available as either short or long term rental.  Rental rates usually range from about $1,600 for a one-bedroom to about $3,500 for a two-bedroom unit.  In the past three months, one-bedroom units similar to this one have rented for $1,700 to $2,100 per month. 

Available Rentals at Fortune House

170 SE 14^th Street, #2906, The Sail Condominium, Monthly Rental Rate:  $1,700

The Sail on Brickell is a fairly new condominium built in 2006 and located just off Biscayne Bay.  This unit features one bedroom and one bath as well as a great kitchen with stainless steel appliances, lots of counter space and cabinet space.  Other features include a bath with marble counter tops and shower walls as well as a nice balcony off the main living area.  The Sail on Brickell has great amenities including, 24-hr security, covered parking, concierge, a nice pool with outdoor living areas, a spa and fitness center, his and her steam rooms, an on-premises dry cleaner and convenience store and more.  It is centrally located in the heart of Brickell and within easy walking distance to Brickell Avenue, financial area, and great restaurants and shops.  Rental rates at the Sail on Brickell usually range from about $1,700 to about $3,000 for a two-bedroom residence.  Over the past three months, there have been two one-bedroom units that have leased for a monthly rental rate between $1,700 and $1,750.  This is a fantastic rental in an even better building. 

The Sail on Brickell Available Rentals

1060 Brickell Avenue, #1909, 1060 Brickell, Monthly Rental Rate:  $1,800

Where do we start with this rental?  Well, the view from the balcony is probably the biggest attribute of this one.  1060 Brickell is only a few years old and one of the most unbelievable condominiums in Miami.  It has a very metropolitan feel to it with its two-story lobby and the lush tropical landscaping surrounding it.  Residents enjoy a gorgeous outdoor pool along with valet parking, a home theatre with multi-media capabilities, fitness center with spa and more.  Inside the studio unit, there is a great kitchen with custom cabinetry, stainless steel appliances, and tiled back splash.  The unit is large with well over 500 square feet of living space (many Brickell one-bedroom units are the same size) and as we said earlier, spectacular water views from the balcony.  Rentals rates at 1060 Brickell typically range from about $1,700 to about $5,000 depending on the location, number of bedrooms and size of the unit.  Over the past three months, studio rental rates have fallen between about $1,500 and $1,700. 1060 Brickell is a great place to live as it is in the center of everything in Brickell. 

1060 Brickell Available Rentals

Lots of Brickell Rental Opportunities

One of the best things about living here is that there are always lots of Brickell rental opportunities.  The area is affordable and gives most any renter the ability to live in a great condominium with tons of amenities and living space all within the center of Miami.