Hi everyone ! Today I would like to explain the Rental Process I usually go through when leasing a unit. Sometimes changes depending on each case but in general this is the process it takes:

1. We use a contract to lease to make an offer. We can add any specific needs from tenant or landlord in the “Special Clauses” area.
2. Once we agree on the price per month we prepare an Official Lease Contract and get tenant and landlord to sign it.
3. If the move in date is in at least 1 month we require the first month deposit check from tenant. If the move in date is less than 3 weeks, we require 1^st, last and security deposit in advance; it can be a regular check.
4. As soon as receiving any checks from tenant we will give tenant and the other agent a copy of Escrow letter with the check attached.
5. Once we have an effective contract and money in escrow we will get and provide an application for the association to the tenant.
6. Tenant has to fill the application completely and return it with the required fees (application fee, pet fee etc). Some fees are required to be paid by cashiers check or money order only.
7. If credit report required by landlord, tenant can get one at: https://www.experiandirect.com/triplealert/default.aspx
8. If the tenant only gave the security deposit upon signing the lease, we will require the 1^st and last month payment once the association approves the tenant. We will require a cashiers check payable to my broker.
9. As soon as the association approves the tenant and all payments have been covered, our company will prepare commission and/or landlord’s checks as required.
10. We have to make sure the listing agent has the entrance, building, and mailbox keys, fobs or clickers for garage etc to be delivered the move in date or 1 day prior to.
11. We will arrange a walk through the unit 1day prior the move in date to make sure all fixtures work and the unit is clean. Both agents must be present. All keys and landlord’s info will be delivered to the tenant. “Keys Receipt” and “walk-through page” has to be signed by tenant. Also, the commission checks have to be delivered that day.
12. In most rentals the utility bills are not included in the rental price. I recommend my clients to call FPL (for electricity) in advance to let them know that you are moving into a new place so they can change the billing info. If you would like to hire cable/internet you can call Atlantic Broadband as this is the one most people use in South Beach. Next you will find the links to FPL and Atlantic Broadband:

• http://www.fpl.com/contact/index.shtml
• http://www.atlanticbb.com/wfcontactus.asp?site=a&page=26

I hope this info is useful for you. For more info you can contact me at southbeachrentals123@me.com or go to my website South Beach Rentals 123 !!

Hi everyone !! High Season is officially in South Beach ! The weather is amazing ! Yesterday I went for a walk on Lincoln Rd. and it was packed ! …tons of people walking and having dinner, all the restaurants were completely full. I was really amazed, from one day to the next the weather changed, the holidays arrived and the recession was gone hahaha. While I was walking I just kept observing all the beautiful  people visiting, having so much fun, buying stuff etc.. I could smell all the different kind of perfumes in the air, it was pretty cool.

For South Beach Rentals 123 was a pretty good month too. I had several clients, including some who rented from me a year before. I made another lease at Verdi South Beach, they did a very good job renovating that building, the glass cube in the middle has 2 bedrooms with very nice finishes. I love the kitchens in there because are big and open with lots of counter space, great design and stainless steel appliances.

This month I also had clients from France that got transferred here to work and they needed a place for a year asap. I’ve seen so many french people moving into South Beach. Everywhere I go I hear someone speaking french, sometimes I don’t know if I’m in the US anymore hehe but is really cool that South Beach is becoming more “europeanish” or how would you call it? hahaha.

*Est-ce que vous habitez en France et voulez se déplacer à Miami ? go to: Miami Beach Immobilier de Prestige !

I’m so happy because I rented my listing at “Lofts at South Beach“, is a large 1 bedroom Split-Level Loft with direct water views and is located near the Sunset Harbour marina. I was afraid not to rent it soon because it was listed for $2500 usd per month and the kitchen was not renovated. The unit itself is pretty cool but a lot of people were looking for brand new kitchens with granite counters and stainless steel appliances. I leased this unit for a year but… is still on the market for sale, is listed for $499K so… if you have any buyers interested in a great waterfront deal, we are willing to show it with 24 hrs notice.

Right now I’ve been working with a lot of people that want to move December 1st, so wait till the end of December for the Christmas update hehe.

I hope you all had a great Thanksgiving weekend and talk to you soon !

Best,

Rosario Diaz.

LOFTS AT SOUTH BEACH #504

It seems that October its been a pretty busy month for rentals. I had several clients looking to rent a year lease. I currently have 4 people move in at the end of this month. I’ve been renting units at South Bay Club, Sunset Harbour Condos, Verdi South Beach, Meridian Lofts, Art- Deco Condos, and The Gansevoort South.

I was surprised to know that The Gansevoort was doing year leases. It seems they couldn’t close the units and now they are renting them brand new, never lived in. The units do not come with flooring but they will install Berber carpet  as soon as they get under contract. The units come with really nice kitchens with granite counters, Sub-Zero Refrigerator and Stainless Steel appliances; the bathrooms are beautiful and it also comes with Bosch Washer and Dryer inside the unit. All the units come unfurnished, the prices are non negotiable but they are really good for what it is, you really feel like you are in a resort. Also, the rent includes the AC, one David Barton Gym membership, 1 valet parking and they allow pets. What a great deal ! This building is brand new, totally renovated with amazing pools and amenities, it is worth it ! Will not last, specially in high season.

I’ve also done a couple of rentals at Verdi South Beach, this is a condo conversion located across the Miami Beach Golf Course and is next to The Meridian Lofts. Is a really nice complex. There are 2 fully renovated Art-Deco buildings on the sides and there is a brand new glass cube with 2 bedrooms in the middle. The art-deco buildings have 1 and 2 bedro0ms but some of the ground units come with a very cute yard in the back where you can have outdoor furniture and a grill. Most of all the units come with one parking space. The 2 bedrooms come with one covered parking spot. They allow pets but they require $1000 refundable deposit. I like the Glass cube in the middle. All the units come with amazing finishes, the kitchens have tons of space; they all come with washer and dryer. The building in the middle has a beautiful pool in the rooftop.

I thought rentals were not worth it to do. I think if you are nice to the clients and other agents and if you know your market and are really efficient it turns into a great business. The only bad thing is when you have several clients looking for the same thing and there are not many good rentals out there, is difficult because they think you are not trying your best but unfortunately South Beach has a lot of Art-Deco or older buildings that are not renovated yet, they are ugly with no washer/dryers or parking.

At the end of the day the one that loves South Beach will end up renting here, but if the location is not a priority for you and your budget is a little short, then you will be better looking in North Miami Beach, Brickell or Midtown, there you will find a very nice condo or even brand new with water views for less price, we only do South Beach though hehe. Good Luck !

Today one of my clients wanted to look at a Furnished 1 bedroom condo at The Mirador. The unit was really nice and in good conditions. The list price is $1,750 usd per month. My client like it a lot so she decided to make an offer. I attached the view from the pool at The Mirador. If you want to know about long term rentals availability in South Beach go tohttp://www.southbeachrentals123.com

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We just launched a new design for my website Southbeachrentals123.com is very easy, just select the characteristics you are looking for and automatically all the listings from the MLS (realtors database) will come up. Those are all the listings available at the moment, the website updates itself daily. If a building is not there it means is not available.

Can’t find what you are looking for? email me at rdiaz@majesticproperties.com and let me know the specific characteristics you are looking for like: if you have any pets (pounds?), price range, if parking is a priority, type of building, furnished or unfurnished etc…
24 hrs. notice to show any unit. Minimum $1200 usd per month and 1 year leases only. We do not do short term rentals sorry .
Here is some useful info …
In Miami Beach rentals require 1st month, last month and security deposit in order to move in, also, each building has an association and it take 1 – 2 weeks to get approved by the board, they do a background/credit check. The fee to apply is usually $100 to $150 usd (one time fee non refundable).
It is ok to start looking for a rental at least 1 month prior to move in.

Today I’m going to talk about the status of Miami Beach Homes for Sale. Currently there are around 220 homes sale in the Miami Beach area, 106 of them (or 50%) have reduced their original list price. This shows us that a lot of people are very motivated to sell their homes. It is a great time to buy a house in Miami Beach. Last year there were no homes listed for sale under $1 Million and now you can find houses in the $600’s. I found some great properties for sale that are really good deals. For these homes, I considered: location, quality of finishes, Waterfront Property and if they have a pool. Here are my findings:

•  North Bay Rd. and 20th St. :: 4 BE / 3 BA, 2474 SQFT for $799,000.00 (Near South Beach)
• Española Way and 8th St. :: 4 BE / 3.5 BA, 2226 SQFT for $849,000.00 ( South Beach)
• North Bay Rd. and 22th St. :: Huge Pool, 5 BE / 4.5 BA, 2827 SQFT for $1.199 M (Near South Beach)
• Palm Island, Coconut Ln. :: 3 BE / 3 BA, 2073 SQFT for $2.199 M (Palm Island)

These 4 homes are very special because they are all in good location, renovated with great finishes, spacious and the prices are GREAT !Like these homes mentioned, there are a lot of options in various locations around Miami Beach, it just depends on which neighborhood you like. If you have kids it is important to live near the school system you would like to send them to. For neighborhood information such as restaurants, schools and things to do click here.Lets talk about Closed Sales in the 1st quarter of 2008. There have been 9 closed home sales ranging in price between $899K to $12.5M !! wow ! As you can see not everybody is having problems getting mortgages and having money ! We also have 10 Pending Sales ranging in price between $1 M and $14.9 M !! The one for $14.9M is known as the “Turchin Residence” on Hibiscus Island. This home has been on the market for quite a long time. I guess sooner or later there will always be that special buyer for that special property.All this information is good for both buyers and sellers ! Lets see, we have around 20 homes pending or sold in Miami Beach in the first 3 Months so 16% has been already sold. If you would like to sell your Miami Beach home don’t be afraid to put it on the market, just make sure it is in good condition and priced well. 

Thanks for visiting my blog ! My name is Rosario Diaz, and I’m from Saltillo, Coah. Mexico. I moved to Miami Beach 3 years ago and that is where I met my partner , Josh Stein. Josh has been in real estate for 5 years now, but we’ve only been working together for 2 years. We both have Marketing and Design backgrounds and have combined our efforts to form the perfect real estate team. Josh specialize in Lofts and Luxury Condos and I specialize in “Casas”- Waterfront Homes in the Miami Beach Islands. We love living in South Beach because it is a small island and you have everything you need. I just launch my new website Casa South Beach, and it focuses on Miami Beach Waterfront Homes. On the homepage you will have access to all the listings available on each Miami Beach Island. The listing will be pulled directly from the MLS (Multiple Listing Service) with all the details and pictures. All the listings will be up to date.Also you will find a “Selling” section where you can find the marketing plan and tools we use for the best success in selling your home. The advantage we have from other realtors is that we love Technology. With Josh Stein’s Website already being one of the top 5 on Google and mine on the way to be optimized,  we provide the maximum exposure and get a lot of potential buyers. This blog is just another tool I will use to market my properties and to create a place for my readers to get good information about what is going on in todays market and Miami Beach neighborhoods.I hope you like it and please participate, as all comments are welcome.Thanks again and c u soon…  Rosario Diaz