Rents around Midtown Miami

The cost of a condo versus a house depends on the size of the home, the property values of the neighborhood and the cost of living in the area. But typically, you'll spend less on a condo.

When living in a condo you'll pay dues to a condominium association, which will take care of most of your maintenance needs. You don't need to worry about landscaping, yard maintenance and physical labor activities like snowplowing, road maintenance, and roof repair.

People in condos tend to live in a close proximity. There are always social moments that occur throughout the day. Whether it be to take the trash out or pick up the mail, there are opportunities that one just doesn't get in a home.

If this is the kind of life that you’re looking for, there’s a pocket-sized neighborhood with broad appeal, outdoor cafes, and fine food purveyors all snuggle into an invitingly collection of streets and shops, where you can rent some fantastic condos - Midtown, you’ll be next to creative hotspots like Wynwood and Edgewater, and also perfectly positioned to experience mainland destinations like Brickell.

We gathered great opportunities for you to live here:

Unit with breathetaking views, motorized shades, tile throughout, with natural sunlight and dimmers. With great amenities - high speed internet, security, full concierge, 24 hour valet parking, 2 pools, gym, sauna, party room, convenience store/cafe and theater.

Rent: $2,800 /Month

Community: Quantum on the Bay

This home offers stainless steel appliance, quartz counter, high ceilings, floor-to-ceiling windows, exposed concrete ceilings, balcony with amazing city view. State of the art amenities, 24 hour security, concierge, fitness center, infinity pool, Jacuzzi tub, sauna, steam room and valet parking.

Rent: $1,800 /Month

Community: Four Midtown Miami Condo

Rent: $1,800 /Month

Community: Four Midtown Miami Condo

Spacious 2 bedrooms and 2.5 bathrooms condo with many upgrades, including hardwood floors, kitchen with matching island, window treatments, closets & high end lighting fixtures. Floor-to-ceiling windows and generous balcony with amazing city and bay views.

Rent: $2,800 /Month

Community: Two Midtown Miami

To keep on looking go to www.MiamiRiches.com

Midtown Miami Real Estate – Luxury Rentals

When you say the words Midtown Miami, the first thought is that this neighborhood is in the middle of Miami.  And it is.  Some call it the hub while others call it the epicenter.  That might be a stretch as Brickell (Miami’s Financial District) is more of the epicenter, Midtown is certainly in the center of the city.  And its prime location sits perfectly surrounded by other cool Miami neighborhoods with downtown Miami just south, the Design District to the north and the majestic Biscayne Bay on the east. 

Midtown is the product of a desire for residents to live in an area where there is excitement and life.  One of the most appealing traits of this hip neighborhood is the walkable streets with delectable restaurants, art galleries and other interesting venues.  And let’s face it…there is always a breeze coming off the Bay making it very pleasant to meander along the palm tree lined streets.  

Over the past few years, Midtown has really come alive.  Prior to the economic crumble, Midtown was on the verge of redevelopment but that all came to a halt.  Then about three years ago, the construction restarted and the regrowth again began to happen.  Developers are in building mode and have several Midtown Miami condominiums in the works. In fact, real estate surveys indicate that the 33137 zip code which encompasses Midtown, the Design District and Wynwood, is one of the most rapidly appreciating areas in the US.  

Midtown Miami Attractions

Besides Biscayne Bay, there are several Midtown Miami attractions that draw residents and visitors to this urban neighbor with a small-community feel.  The ability to enjoy all that Midtown has to offer including the pedestrian promenade with sculpted medians, paved sidewalks and tropical landscaping. 

Midtown Miami offers outstanding shopping, art galleries and, of course, excellent restaurants and exciting nightlife.  But surrounding this neighborhood are other cool and upcoming neighborhoods.  Wynwood and The Design District are situated just north of Midtown and are home to some of the most eclectic art galleries and retail shops as well as really high-end shops like Cartier and Hermés that have relocated to the Design District.  To the east is Edgewater, an established part of Miami that is undergoing a major revitalization.

A major attraction under development is Museum Park.  This is a 29-acre waterfront park with a new Museum of Science and Space Transit Planetarium and the new Miami Art Museum under construction as well as tons of green space and gorgeous bay front views.  Museum Park is Miami’s answer to NYC’s Central Park. 

Renting Midtown Miami Real Estate

While Miami residents and investors are drawn to buy Midtown Miami real estate, others are very open to renting in here.  There are so many options for renting in some of the most well-known condominiums from lofts to high-rise buildings. 

Amenities in most of them include the obvious – valet and concierge services, resort-style outdoor pools, state of the art fitness centers, reserved parking, and more.  With the newer condominiums, they are wired for today’s technology.  Inside residences, owners and guests enjoy fantastic views, have stainless steel appliances and granite counter tops, and great walk-in closets. 

One-bedroom units in condominiums like Bay Park Towers and Biscayne 21 start around $1,500 per month and climb to around $2,500 per month in luxury buildings like Two Midtown and Four Midtown.  As for two-bedrooms and more, monthly rental rates start at about $1,900 at Charter Club, Midblock at Midtown or Cityscape while three-bedrooms start at about $3,500 at Two Midtown.  On the upper end, monthly rates climb to about $10,000 for a two-bedroom and $13,000 at Paramount Bay.

Midtown rentals are ideal for those who live and work in the area as well as investors looking for solid investments.  While many condominiums accommodate only long term and annual rentals, there are some that do allow short term rentals whether monthly or quarterly.

In the Middle of Everything

The Midtown neighborhood is in the middle of everything and is always a favorite area of Miami in which to live.  It has tons of great characteristics like location and affordable Midtown Miami rentals but also has that cool factor that is always present when living in Miami. 

MIDBLOCK at Midtown

Originally built prior to the recession, MIDBLOCK at Midtown is a combination of lots, townhouses and tower units.  It was developed by the Midtown Equities and designed by renowned architect, John Nichols, and became a rental community as opposed to individually owned units in a condominium property.

In the last few weeks, MIDBLOCK’s sales were launched to a very warm reception by prospective buyers.  With the huge demand on Miami real estate in the Midtown, Brickell and surrounding neighborhoods, MIDBLOCK is destined to be a well-sought after address for many Miami residents.

Location of MIDBLOCK at Midtown

Located at 3250 NE 1^st Street, in the center of Miami’s Midtown neighborhood, MIDBLOCK is close to everything in one of the most popular cities in the world.  Located minutes from the arts, culture and entertainment in the surrounding neighborhoods like Wynwood and the Design District, MIDBLOCK is steps away the best retail locations and favorite restaurants around town.  Midtown is Miami’s equivalent to SoHo in NYC and is only five minutes from Miami Beach and in close proximity to I-95 making the Port of Miami and major international airports easily accessed. 

Amenities at MIDBLOCK at Midtown

This boutique condominium features some of the best amenities in this part of Miami.  Designed by renowned architect, John Nichols, this spectacular condominium offers residents excellent amenities like 24-hour concierge and security, a rooftop gathering area along with a large swimming pool, a state of the art fitness center with private training, covered gated parking, key card access controlled elevators, and ground level retail and restaurants.

In each unit, owners enjoy a private terrace, floor to ceiling impact resistant windows, a large kitchen with stainless steel appliances, custom cabinetry and stone counter tops, master suites with large master baths and spacious walk-in closets and more.  The floor plans call for spacious living areas with 10-foot exposed concrete ceilings for a very modern lofty atmosphere.  The lofts are laid out for a live-work lifestyle while the tower units and townhouse offer two bedrooms.  All units are pre-wired for electric, cable, high-speed Internet and come with a full-sized washer and dryer.

Real Estate at MIDBLOCK at Midtown

The mix of residences at MIDBLOCK include apartment units, townhouses and loft units that range in size from about 890 square feet to over 2,800 square feet.  Since the units at MIDBLOCK at Midtown have been rental units, many of them are under lease agreements that end between the remainder of this year into 2014.  MIDBLOCK is an excellent investment opportunity because of the strong rental histories and the fact that many currently have renters in them.  

List prices vary with one-bedroom tower units ranging between the low to mid-$300s to high-$300s while lofts range from the mid-$300s to low-$600s.  For two bedrooms residences, tower units fall between the mid-$400s and upper-$700s with townhouses starting in the upper-$400s and climbing to over $600K. 

Continued Growth in Midtown Real Estate

MIDBLOCK is another example of the continued growth in Midtown real estate.   This condominium property is an architectural showpiece with beautiful views and easy access to everything.  For full-time residents who work in the area or who have the ability work at home, this is a great spot to settle.  For investors, buying rental property with strong rental histories and leases in place puts the investment at an advantage.  MIDBLOCK definitely offers some of the best options in Midtown condominiums.