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Advantages Of Renting A Condo Rather Than A Purpose-Built Apartment

by Eddy Smith

During the winter and spring seasons in Florida, the focus has been squarely on purpose-built rental units that have been rented out. The idea of apartment buildings is experiencing a cautious rebirth, as evidenced by the fact that developers are currently converting three buildings from condos into rental units. In a market that places a premium on the amenities that come with paying rent, many renters are left to mull over their available options. The decision to rent a Madeira beach fl condo rentals in Florida should be based on these five factors.

1. Ensuite Laundry

It’s a feature of condo living that plenty of people neglect. You don’t need to wait for the laundry basket to be brought to a basement or laundromat with lots of machines; just open the door to the laundry cupboard, start your load, and get on with your day. There is no requirement to keep track of or hoard quarters, no requirement for a building chip card, no requirement to set a timer so you can swap loads or stay with a book, and no requirement to return to the laundry machine once you have taken your laundry bag. Over time, this minor convenience results in significant comfort and financial savings. The washer and dryer can save your life if you have a young child, a sick partner, or a property that frequently floods.

2. Air Conditioning, Guaranteed

Although climate control is not always an option in apartment rentals, it is possible to make savings by having a central system. Most purpose-built rental units in Florida have no thermostats to regulate heat or cooling. This is the reason half of the renters you know either have one or can locate one. You can have AC in condominium units for owner occupation, which means you won’t need to pay a lot of money for weeks of heat.

3. Long-Term Maintenance

Common area maintenance is another important element of living in a high-rise or mid-rise building. If you have problems with the lighting in your lobby, or the elevators not always working, it can make a big difference to your day. Although the quality of property managers for rental buildings is excellent, the incentive to keep them sparkling clean is lower. The lobby is more like an investment than a home.

Additionally, the temporary nature of purpose-built rent makes it difficult for tenants and landlords to provide a defense against claims of a state of good condition. Condo buildings that put upkeep in their residents’ hands–and fire service management companies who don’t meet those standards-–have a lot to be extra conscientious about how they look. Any faults or major issues that begin with sloppy maintenance will be on the condo board’s bills. The people who live there would be the ones paying for it.

4. The Ever-Present

This is the most common point that’s brought up when discussing condominiums. But it’s also the most important. Renting a condo means more than just renting a unit. It includes renting a party area, a swimming room, a workout space, and more. Your building’s amenities can be a huge time-saver compared with searching in the city for them while you live in a rental-oriented apartment. The commute time to the gym is not the only reason to consider condominium living.

5. Security

Building security is an investment. It’s difficult to find purpose-built rental units at reasonable prices. A majority of Florida’s rental units are not protected by security, with many buildings limiting security to weekends. This makes 24/7 security a significant advantage. Even the mere presence of someone there can suffice to keep most of the city’s funny business at bay. However, a security officer who understands the daily routine of the building will be able to spot potential problems and take action to prevent them from becoming a problem.

Also, a steady security presence will help prevent any arguments from spreading inside the building. A concierge or security staff member knocking on the neighbor’s door to ask them to keep their clocks down past midnight solves problems. As always, every person has their deal-breakers when it is time to rent their new home. Take the time to weigh all of the factors and decide if you think these five are the most important. If so, renting a condo is the best way to get your new home set up.

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