Image by Simon Zirkunow via Flickr
Miami is humming with multifamily construction projects, spurred by the tourism industry and international investors. ?Green? building strategies are enabling development companies to construct affordable luxury-style homes. Renters find out the hard way that Florida rental laws tend to be more landlord-friendly despite their unit?s state of disrepair. Read more about Miami?s latest rental real estate news below.
Rental, Sweet Rental: Shift Toward Apartment Living Spurs New Construction ? Developers of luxury condos and industrial parks in South Florida are capitalizing on rental apartment demand and the availability of financing.
Development Blooms Again in Miami Beach ? Hotel and condo projects are taking advantage of the strong tourist demand and steady stream of international buyers.
Insurance Scammers Caught After Using Same Crappy Furniture in All Their Bogus Fires ? An elaborate renter?s insurance fraud case was solved as a confidential informant revealed the scammer?s plot: using thrift-store furniture and starting a fire.
Little Havana Renters Learn the Hard Way that Owner has Upper Hand ? Tenants fed up with the run-down state of their apartment building started to withhold rent, but the court sided with the landlord and now the ?tenants will be evicted.
New Generation of Apartments Combines Luxury with Affordable Living at Pinnacle at Avery Glen ? A complex of affordable, luxury-style apartment homes is 100% leased as a result of reasonable rent and market-rate amenities, which were made possible thanks to ?green? building practices and public/private partnerships.
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