Top Five South Beach Condos with Rentals Under $5,000 Per Month

With season in full swing and extreme cold weather up north, the snow birds have definitely flocked to Florida…in droves.  And there is no better time to be in Miami Beach than this weekend for the Food Network & Cooking Channel South Beach Wine & Food Festival.  This fun, annual event, hosted by Southern Wine & Spirits of Florida and Florida International University (FIU), benefits FIU’s Chaplin School of Hospitality & Tourism Management and the Southern Wine & Spirits Beverage Management Center, and has raised over $18 million for the School.  Since its inception in 1997, it has grown to be recognized as America’s most prestigious gourmet gathering and welcomes over 60,000 people.  Local and nationally known chefs come to be part of this weekend including Emeril Lagasse, Bobby Flay, Rachel Ray, Guy Fieri and more. 

Part of the attraction of this huge festival is the location – South Beach.  What is better than good food, good libation and gorgeous weather – everything anyone could want?  South Beach is one of the most unique and appealing places anyone wants to go.   Whether for this festival or simply to spend time in sunny Florida, South Beach is full of seasonal and annual rentals for those who want to live in the middle of all the action.  Here are the top five South Beach condos with rentals under $5,000 per month.

Decoplage Condo, 100 Lincoln Road, Monthly Rental Rates:  $1,600-$14,000

Ideally situated in the beach and just a couple blocks from Lincoln Road Mall,

Decoplage couldn’t be more perfectly situated in South Beach.  The condo was built in 1965 and features (665) studios, one and two-bedroom units with tons of windows and space.  Many units have been remodeled with updated fixtures, finishes and appliances.  Residents enjoy panoramic city and water views, a gorgeous resort-style pool overlooking the Atlantic along with a fully-equipped fitness center, business center, valet parking, and more.  Decoplage allows monthly leases with a maximum of 12 individual leases a year and monthly rental rates typically falling between about $1,600 and $14,000.  There are several one and two-bedroom units available for monthly rentals with rates around $5,000:

Unit #	Bed/Bath	SF	Monthly Rate	Price/SF
#947	2 BR/2BA	1,190	$5,500	$4.62
#514	2 BR/2BA	1,190	$5,200	$4.37
#1235	1 BR/1BA	675	$5,000	$7.41

Sunset Harbour, 1800-1900 Sunset Harbour Drive, Monthly Rental Rates:  $2,000-$5,000

Sunset Harbour consists of two towers that sit facing Biscayne Bay.  With gorgeous bay and city views, Sunset Harbour is close to everything in South Beach not to mention the main artery from South Beach to Downtown Miami.  Each of the Sunset Harbour’s towers features 24 stories and about 215 units in each building with updated kitchens, private terraces, washers and dryers and more.  On top of that, community amenities include access to the Sunset Harbour Yacht Club, three pools, a fully-equipped fitness center, 24-hour security and more.  Sunset Harbour rentals feature monthly rates ranging from $3,200 to $5,000 and accommodate only long-term rentals.  Currently there are three available rentals:

Unit #	Bed/Bath	SF	Monthly Rate	Price/SF
1900-#1512	2 BR/2BA	1,270	$5,000	$3.74
1800-#806	2 BR/2BA	1,250	$5,000	$4.00
1800-#1703	2 BR/2 BA	1,130	$4,500	$3.98

Flamingo South Beach, 1500 Bay Road, Monthly Rental Rates:  $1,800 - $6,500

Living at Flamingo South Beach is like living in your own little oasis.  The spectacular 16.5-acre compound features three buildings and tons of green space with tropical landscaping.  It has everything you need from an onsite convenience store, liquor store, restaurant and more to amenities like a huge 15,000 square foot fitness center, infinity pool, sandy beach pool and other fabulous perks.  Did we mention there is a dog groomer and dog park on the premises?  Inside each of the almost 1,700 residences (studios, one, two and three-bedrooms), residents enjoy updated, modern kitchens, balconies with beautiful views, and so much more.  Monthly rental rates currently fall between $1,800 for a studio to $6,500 for a two-bedroom unit.  Here are several Flamingo South Beach rentals with monthly rates around $5,000:

Unit #	Bed/Bath	SF	Monthly Rate	Price/SF
1900-#1512	2 BR/2BA	1,270	$5,000	$3.74
1800-#806	2 BR/2BA	1,250	$5,000	$4.00
1800-#1703	2 BR/2 BA	1,130	$4,500	$3.98

Always a Great Place to Live

South Beach is always a great place to live whether there is a festival like the SoBe Food and Wine or any other event or just a normal day of the week.  Living in South Beach is like living on vacation.