In My Neighborhood in 33035>Question Details

Chris, Home Buyer in Homestead, FL

Hello, I am thinking about buying a condo at the Venetia gardens in Homestead for rental income. Any info on vacancy rates or opinions?

Asked by Chris, Homestead, FL Mon Dec 26, 2011

Any info would be much appreciated.

Thanks,

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Answers

2
The prices are low enough now that many investors are purchasing condos and are making a nice return on their rental income. I just sold a unit in Venetia Gardens II a few months ago and while recently searching for someone else, I have noticed the prices have increased a bit. Which is a good sign.

We desperately need furnished rentals because of the thousands of people relocating here to work at Turkey Point. Right now there aren't any furnished condos on the market in Homestead, so we are just taking down names & numbers of very qualified tenants. You can expect to get $150-200 more in rent per month for a furnished unit (basic furniture & necessities). Now is a great time to invest.

Chris Blackwell, Realtor-Associate
Keys Gate Realty
305-332-2492
http://www.KeysGateChris.com
1 vote Thank Flag Link Mon Dec 26, 2011
I second Chris Blackwell's answer. A nice rental unit (cleaned, painted, perhaps new appliances) will rent quickly and for a good price in Homestead.
0 votes Thank Flag Link Tue Dec 27, 2011
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