While residential leases are commonly written for only one year be sure to sign a minimum one year lease with the option to a second at no more then a 3% increase if you don’t want to be paying higher dollars in the future.

This is definitely an indication that the high end home market in Miami Beach is bound for a price increase. With few “leftover homes” left on North Bay Road, buyers look to rest of Miami Beach Were do you think this high end market is heading?