In these critical times, Miami Movers For Less wanted to take this opportunity to assure you, our loyal customers, that your safety and that of our staff come first andforemost. Defined as one of the “essential businesses in Miami” by the governor of Florida, our company is committed to helping the people of Florida during the COVID-19 pandemic.

Our moving business is taking all necessary precautions to guarantee the safety of our customers and moving crews while providing any of our moving and storage services. We are taking extensive sanitation and cleanliness measures to prevent any further spread of the virus. Our team will be using the following practices to ensure the same level of first-class, five star moving processes that you are used to receiving from us:

  • We will be providing all moving estimates online, virtually, via phone or email from this point on.
  • The wellbeing of all parties involved comes first. Any members of our staff displaying even the slightest symptoms of flu will be sent home until further notice. Any customers that feel ill should immediately notify us so that we might re-schedule, postpone, or cancel the move so as to prevent any unwanted risks.
  • All members of our moving crews are equipped with gloves, disinfectant sprays/wipes and hand sanitizer – to mitigate your protection and theirs.
  • We take the appeal of social distancing measures seriously, hence limiting any unneeded contact with customers while this pandemic is in effect. We offer our sincerest apologies for not being able to demonstrate the professionalism and respect toward customers with our usual introductory handshake.
  • Upon arrival of our moving crew, we kindly ask that you give them the space required for them to protect the home with all safeguards like floor runners, and door jams (as they always do). They need the appropriate space to safelyand efficiently service your move and allow them space to do their job.
  • Try to open doorways and windows when available and appropriate, to increase air circulation and ventilation.
  • All the cabs and boxes of in our trucks are sanitized, as well as all blankets, pads, tools and equipment after each and every move. We do this to reduce any risk of cross-contamination.
  • We invite you to also sanitize and wipe down any and all exposed surfaces and furniture prior to our arrival. We would appreciate that you do anything that you can do to help keep our working conditions safe and sanitary for our men. All your efforts in this manner will be greatly appreciated.
  • Owners / office staff will be working around the clock from home with complete access for our team and our customers via phone, email and text.

We would once again like to take this chance to thank you for choosing Miami Movers For Less. It is our sincere pleasure to serve you. Our promise to you, and no matter what circumstances, is to continue to deliver the 5-star relocation services that our customers depend on.

Should you need to reach us directly, please feel free. Text is always the quickest, and we are literally here for you 24/7.

Thank you, be well and stay healthy!

Should you buy or rent a property in Miami Beach

/ By Editor / 0 comments

Have you ever thought about moving to Miami? One of the most popular cities in Florida certainly has many things to offer. It has seven miles of beautiful beaches, more than twenty parks, endless shopping, dining, and nightlife options. In addition to this, Miami is a popular tourist place. Therefore, if your work is related to tourism, then Miami is a perfect place where you can move or expand your business to. However, if you plan to move to Miami, then you should think about your future home. It is not the same to buy or rent a property in Miami Beach. For this reason, read the article to find out if you should buy or rent a property in Miami Beach. 

Miami Beach 

Before you decide if you should buy or rent a property in Miami Beach, learn more about this coastal city. Interestingly enough, the municipality is found on the natural and man-made barrier island that separates the Atlantic Ocean and Biscayne Bay. The commercial center of South Florida is made of Port Miami, downtown Miami, and Miami Beach. The population of Miami Beach is around 92,000, which makes this coastal city the 26th largest city in the state of Florida. The National Register of Historic Places listed Miami Beach’s Art Deco Historic District. Here you can find the largest collection of Art Deco architecture not just in the United States, but in the world. There is a large number of hotels, buildings, apartments, and other structures made between 1923 and 1943. Barbara Baer Capitman led the movement to preserve all the architectural heritage in the Art Deco District. 

people at the beach
Just as the name suggests, Miami Beach has many beautiful beaches

Buy or rent a property in Miami Beach – price breakdown 

As mentioned, Miami Beach is a relatively large city with around 92,000 people living here. The median household income is around $47,216 a year. If you want to compare to the US average which is only $28,555, you can see the difference. In addition to this, the average home price is around $376,000 while the average rent is around $2086. Many specialists claim that is better to buy a home rather than rent it in Miami Beach. Specifically, it is 23 percent cheaper to buy a property than to rent it at the national level. However, the difference is even more pronounced in Miami Beach. It is 43 percent cheaper to buy a property than to rent it. To put it in numbers, you can rent a house for $5,000 per month and never own it or you can buy it and pay $2,700 in monthly mortgage payments. 

Buying a property in Miami Beach – explained 

Even though it is better to buy and own a property, buying a home is not completely risk-free. So, you might want to wait before you start searching for the moving companies Miami Beach. Many properties in Miami Beach are either purchased as rental vacation properties or investments. Apart from this, Latin American countries affect the market as well. When the political atmosphere becomes tense in any Latin American country, many foreigners start buying properties in Miami. This is very helpful to the local marker. However, it does not help other people since the competition increases. This leads to the price increase as well. Therefore, prices are always on the rise. The median price for a single-family went up 5.9 percent while condo prices increased jumped up 13.4 percent. Specialists expect the rise to continue even more in the following years. 

two white hotels
Many investors buy properties to use them as hotels

The other costs of investing in Miami Beach Property 

Unfortunately, there are even more costs to pay when you wish to buy a property in Miami. These do not include moving cost, costs of hiring movers in Fort Lauderdale, packing, transport. Here are all the things you will have to pay. 

  • Documentary Stamps and Documentary Stamps on the Mortgage 
  • Intangible Tax on the Mortgage 
  • Recording Fees 
  • Title Insurance 
  • Mortgage Payment that consists of the principal amount and the interest 
  • Insurance which is between $300 and $1,000 for most homeowners 
  • Maintenance costs which depend on the state of your property 
  • Taxes which are around 2% of assessed value 

Taking all of this into account, see if you can prepare your budget. It would be wise to consult professionals about mortgages and interests. Make sure you can pay for all these costs. 

Renting a property in Miami Beach 

Now it is time to focus on renting a property in Miami Beach. First, here is a price breakdown for renting. The median monthly rent for a one-bedroom apartment is around $1,800. You should expect to pay around $2,500 for a two-bedroom apartment. This is quite expensive when you compare it to the other cities in the nation. Miami and Miami Beach ranked as the ninth one on the most expensive rental market list. However, sometimes it is more convenient to rent an apartment or a house than to buy it. For example, you are moving for a job or to attend a university. If you only plan to stay temporarily in Miami Beach, there is no need to buy a property. In addition to this, if you look hard enough, you can find apartments for really good price 

buy or rent a propery in Miami Beach such as high rise buildings
Renting a property can be expensive in Miami Beach

What to do in the end?

Renting does seem like a “safe choice” since it is a financial burden in the long run. However, renting can be also seen as a “waste of money” since you are paying a large amount of money for a property that will never be yours. The answer depends on your situation. If you are planning to settle down in Miami Beach, then buying a property is definitely a better option. Of course, you need to be eligible for a mortgage. On the other hand, if you live in Miami Beach for a short period of time, then there is no need to buy a property.  You can just rent it for a period that you will be living in Miami Beach.

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