Aventura Among Strongest Leasing Markets In Coastal Miami-Dade County

A review of the latest statistics shows that landlords in the Aventura rental market are asking about $2.89 per square foot monthly on a median basis.

We have crunched the statistics for the Year 2023 and plan on publishing a series of of reports during the next two weeks looking at the winners and losers in the secondary Miami-Dade County markets of Aventura, North Miami, Miami’s Upper East Side, North Bay Village, Miami’s Little Havana, Coral Gables and Miami’s Coconut Grove. If you want the reports emailed to you, just sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com

Aventura – the mainland suburb bordering South Florida’s Broward County – is one of the strongest coastal rental markets in Miami-Dade County, according to an analysis of statistics compiled by CondoVulturesRealty.com.

Aventura – which features an increasing amount of newer product compared to the neighboring Broward County city of Hallandale Beach to the immediate north – is in a landlords market thanks, in part, to its “moderately” priced units.

Aventura is also benefitting from its proximity – about a one-mile causeway trip away – to the barrier island city of Sunny Isles Beach where the monthly rental rates are asking about 28 percent more on a median price per square foot basis.

In the 12 months of 2023, renters leased an average of nearly 135 units per month for a total of more than 1,615 units between January and December.

We have crunched the statistics for the Year 2023 and plan on publishing a series of of reports during the next two weeks on CondoVultures.com looking at the winners and losers in the secondary Miami-Dade County markets of Aventura, North Miami, Miami’s Upper East Side, North Bay Village, Miami’s Little Havana, Coral Gables and Miami’s Coconut Grove.

If you want the reports emailed to you, just sign up for the Miami Condo Market Intelligence Report With Peter Zalewski™ newsletter at: PeterZalewski.substack.com

This information is believed to be accurate and complete but cannot be guaranteed or warranted. For more information, please call 305.865.5859 or visit CondoVulturesRealty.com

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