When it comes to affordable rentals, Downtown Miami is a neighborhood
that is full of them. Those who want to
be in the thick of the excitement while not spending a ton of their budget on
rent can feel secure that Downtown Miami has great condominiums filled with units
to fit every rental budget. To give an
idea as to the affordability, here are the most affordable Downtown Miami rentals:
555 15 ST #515, Venetia, Monthly Rental
Rate: $1,375
What could be nicer than sitting out on your balcony
overlooking the marina and Bay while enjoying your morning coffee? That is exactly what you can do when living
in this lovely studio at the Venetia.
Marble tile floors and a nice size kitchen with granite counter tops and
cabinets are just a couple of the highlights.
There is a lot of closet space which includes a walk-in as well as other
closets. In addition to everything in
the unit, the community amenities include a restaurant, gym, 24-hour security
and two pools. Take all of that and add
location to the pack and you have the perfect place to live. Venetia sits just north of the Venetian Causeway
making the drive over to Miami Beach short and sweet just like getting to
Brickell, the Design District and Edgewater.
Over the past three months, seven units have rented of which only one
was a studio. The monthly rental for
this unit (same size) is $1,300 and took a little over a month to rent. One-bedrooms that rented ranged from $1,500
to $2,000 per month. If you like easy
access to everything in Miami and want one of the best views, then this unit is
ideal.
231 NE 19 ST #102, Baywalk, Monthly Rental
Rate: $1,400
It does not get much better than this with one-bedrooms in
the Downtown area of Miami. Not only is
Baywalk centrally located close to the Bay, cool neighborhoods like Edgewater,
Design District and even Brickell, it is oh so close to direct access to Miami
Beach. Then taking everything in on the
inside makes it even better where the unit is custom designed with a large
kitchen comprised of granite counter tops, custom cabinets (lots of them too) and
lots of room to move. Additionally, the
flooring is marble throughout and there are so many unique fixtures and
finishes as well as a walk-in closet with shelves and washer and dryer that
residents truly find themselves living in the lap of luxury. Baywalk is a small, boutique condominium that
has a ton of character with its classic Florida design and exclusivity with its
updated look on the inside and in each unit.
1717 N Bayshore Drive, #1248, The Grand,
Monthly Rental Rate: $1,400
An ideal vacation spot in Downtown Miami, this is a
one-bedroom, one and a half bath unit at The Grand which is part of the
Doubletree Hotel. It is rented fully furnished and has a lot of open space
within the 700 square feet. There is a
roomy kitchen although as part of the Doubletree Hotel, there are restaurants
on the ground floor as well as throughout the downtown area. Guests have the ability to enjoy hotel
amenities including the fitness center, resort pools, spa and everything else.
Inside the unit, enjoy free-Wi-Fi, cable and a reserved parking spot in
addition to everything else. Even though
it has one bedroom, it sleeps five with the addition of a pull-out sofa bed,
two cots and a futon. The unit is a
short-term rental allowing only nightly, weekly and monthly rentals (no
annuals). Rental rates start between
$175 and $375 per night ($95 exit cleaning fee) depending on the time of
year. While there are several other
one-bedroom units at The Grand, this is the most affordable property in the
building.
1801 4th Avenue, #303, Ivette
Terrace, Monthly Rental Rate: $1,475
Here is an opportunity to lease a lovely one-bedroom unit at
Ivette Terrace just one block off Biscayne Bay.
There are so many unique characteristics here specifically gorgeous
Mexican tile floors throughout and beautiful oak moldings and doors. There is also an all-white kitchen, French
doors, a lot of closet space, a nice wrap around terrace, reserved parking and
an amazing bathroom with an intricate Mexican tile design on the floors and
walls. Ivette Terrace is close to
everything in Downtown Miami including Margaret Pace Park and the Performing
Arts Center not to mention being close to the Design District and up and coming
Edgewater. As one of the most affordable
Downtown Miami rentals, it is ideal for those who live and work in Downtown,
Brickell, or Midtown Miami.
133 2nd Avenue, #308, The Loft
Downtown II, Monthly Rental Rate: $1,500
As trendy as Miami is to live, loft living brings another
level to the cool factor with all of the unique characteristics and potential
that a loft apartment brings. This unit is a fantastic one-bedroom unit with a
great kitchen loaded with Italian white kitchen cabinets, stainless steel
appliances, and tons of counter space.
In addition, there is a nice modern bath, large closets, a washer and
dryer and other fixtures and finishes that give this place an updated, hip feel. On top of the unit itself, the community amenities
are fantastic and include a rooftop pool, gym with sauna and Jacuzzi, a lap
pool, contemporary-designed lounge room, and 24-hour security and concierge. The
Loft II is centrally located within minutes of everywhere anyone wants to go
like South Beach, Coconut Grove, Gables, Brickell, Design District, and
Airport. Over the last three months, 14
one-bedroom units have rented with rates falling between $1,500 and
$1,800. As a comparison, three recent
studio rentals had monthly rental rates $1,550 and $1,650 which were gobbled up
within a month or less. Not only is this
the most affordable one-bedroom unit available at the Loft Downtown II, it is
the most affordable available unit in the entire building.
Lots of Rental Options
Downtown Miami is a great place to settle when looking at
living in Miami and offers lots of rental options. From quaint and unique small condominiums to
large, newly built buildings, Downtown Miami rentals should be at the top of
the list of possibilities because this is an area where residents can truly get
affordable luxury.
