Lack Of Rental Properties In Coconut Grove
May 25th, 2010 | categories: Coconut Grove Real Estate Market Conditions
Dominique and Eric, two members of my team here at The Real Estate Coconut have had extreme frustration in the Center Grove rental market. They have many clients looking for 2 - 3 bedroom townhouses between $2,500 and $3,500 and there is just nothing on the market.
Due to a lack of inventory in the Center Grove, it is pretty much guaranteed that if you list your townhouse at market value it will be rented in a matter of weeks. For example I recently had a townhouse in Provence Village priced at $1,700 a month and we had renters lined up at the door to get in. It was gone after only a week on the market.
If you are interested in buying, selling or renting real estate in Coconut Grove and are looking for a realtor who specializes in Coconut Grove please do not hesitate to contact me at 305.342.1623 or send me a note here.