What $3000 per Month Gets You in Miami Beach Florida

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A few months ago, I made a video showcasing what you can get for $1500/mo in Miami Beach. If you haven't seen it check it out here: • What $1500 per Month G... That video is doing pretty well, so I thought I would do a follow up and double it to what $3000 per month gets you in Miami Beach😎
Links to all 3 Listings
9 Island Ave bit.ly/9islandave
6423 Collins ave bit.ly/6423col...
6305 Indian Creek Dr bit.ly/6305ind...
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Опубликовано:

2 окт 2024

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Комментарии : 96

@MichaelBordenaro 4 года назад

Let me know which unit is your favorite down below!

@williefrazier8469 3 года назад

Michael when are u going to visit Pinecrest and Miami shore and Kendall and doral neighborhoods

@MichaelBordenaro 3 года назад

@@williefrazier8469 I'm not sure, but eventually. Thats the great thing, so much to cover here

@williefrazier8469 3 года назад

@@MichaelBordenaro thanks Michael I enjoy your videos about Florida those areas are nice ones dont forget I check it out

@monkusbee 4 года назад

Move to Thailand where you will get that unit for $200.

@andrewdiaz5334 4 года назад

Who can afford that on $12 Publix jobs. This isn't the majority of the state

@MichaelBordenaro 4 года назад

Obviously the places in this video are not for those type of workers. But affordability is an issue. But it's all relative. I know many people that have moved here from California and New York and other very expensive areas and what you get here for the money is grand compared to over in those places. It's all perspective man 👍

@dumdumbrown4225 4 года назад

Andrew Diaz - people who intend to get into the nicer things in life don’t usually build careers in supermarket chains or retail unless they already have multi-million dollar tru$t funds that allow them to do so. Of course, the lottery’s your oyster!

@sexynica51082 4 года назад

Hello Michael, thanks for another nice video with great information. It would be nice if you can do videos but showing houses that are on the market for sale or for rent. Also there's no way you can get that kind of beautiful and spacious apartments here in NY for $3,000 bcus NY apartments are really small and cost more then $3,000.

@MichaelBordenaro 4 года назад

@@sexynica51082 Glad you liked it! Yes I plan on doing some more house stuff in the near future, stay tuned 👍 And I totally agree, Miami is a much better value over NY

@tomnatortomnator883 4 года назад

Abso f’n lutely not! Too much neighbors peeking! Give me more privacy!

@MichaelBordenaro 4 года назад

It's not for everyone! I like privacy too!

@mustang35146 4 года назад

After living in the country without neighbors for years I don’t think I’d pay anything to live that close to all those other people.

@MichaelBordenaro 4 года назад

That is certainly what separates people who prefer country over city living. After having done both in my life, I can say that I appreciate different aspects of both ways of life👍

@dh5645 4 года назад

🤔 Hi Michael would you share your thoughts on sea level rise/flooding and owning real estate in south east Florida. My concern is that overtime many canal front and other properties will become worth less. Thx 🤔

@MichaelBordenaro 4 года назад

I think it is a real concern for sure. The funny thing is everyone wants to own waterfront property here but a lot of people still don't think about that. Although I will say, at least in Miami Beach a lot of the places that are on the canal have a pretty decent size see wall to protect them And if you're on the ocean like me, you're far enough away from the ocean or it's not too much of a concern unless we're talking hurricanes. But for the long run yes it is a huge concern because no one knows what's gonna happen with the sea level rise or how fast it's going to happen. I think anyone that buys a waterfront property today in 2020 is just going to have to accept that risk.

@cc-jj1ly 3 года назад

How about $10,000/month in the Miami Beach and Brickell area? Serious inquiry, would like to see!

@MichaelBordenaro 3 года назад

Not a bad idea, most people will probably grill me in the comments lol, but as long as they watch the video, its a win for me

@cc-jj1ly 3 года назад

@@MichaelBordenaro Yeah! I tried looking on Zillow but couldn't find high-end rentals in the $9k to even $14k/month range. I feel as if a lot of those listings are held closely by RE Agents, but maybe I'm wrong. It'd be helpful to see what is available in the Brickell / Miami Beach area! I'm an investor / trader in the capital markets (stocks) so hence the range :)

@MichaelBordenaro 3 года назад

@@cc-jj1ly Right on! Yes they are definitely out here. I'll see what I can come up with and hopefully a video will be on the way👌

@johnwesleybaker1349 3 года назад

for 3k a month i would expect more but I know it is miami

@MichaelBordenaro 3 года назад

Yeah rents here are pretty expensive compared to the rest of FL

@ogj13 4 года назад

wow! super expensive, i just need a job that would pay me at least twice as much (or 3times) to afford the rent ! 😱 but im not going to lie.... if i could afford it i would probably buy me one of those apartments.... i got kids so i can't just rent one out and get a roommate. my kids are my roommates 😂. 🤷🏻‍♀️

@MichaelBordenaro 4 года назад

Sounds like it's time to start making the kids bring some dough to the table 😆

@jesswonderwoman6739 4 года назад

That First Unit For $3,000! is an ABSOLUTE joke! LOL... ridiculously overpriced!

@MichaelBordenaro 4 года назад

Really why do you say that? I think that one offers some of the best amenities and value for the money

@jesswonderwoman6739 4 года назад

@@MichaelBordenaro ceramic tile flooring (not marble or even a higher grade of ceramic) the appliances are low grade as well (electric stoves tend to look cheap) the appliances and cabinetry could he nicer... and only 1,190 sq.ft. that unit would do better at $1,800 to $2,000

@MichaelBordenaro 4 года назад

@@jesswonderwoman6739 Well it's good to know others opinions. Since I know the market here very well the building offers a pretty great value for the money and the location. But I see what you're saying when it comes to the cosmetics of the place for sure.

@leannedelaney3933 4 года назад

Thank you for the videos! Your honesty on what cost are is refreshing! We ❤️ it there - coming from Idaho! Big difference in how to rent and buy. Not ready to move yet but thinking it would be a fun change.

@MichaelBordenaro 4 года назад

You’re very welcome! Really glad that the videos are helping you😊

@danc5995 4 года назад

I know its miami and some are on the beach but man...$3000 and sometimes even more...this is why more people now a days are homeless..rents are more then a mortgage! Keep up good work

@MichaelBordenaro 4 года назад

Yep and you know what this is not even that crazy expensive for Miami. I plan on showcasing even more expensive properties in the future just for fun. But you're right it is very expensive and a lot of people simply cannot afford places like this anymore.

@LMays-cu2hp 4 года назад

That was nice in this group of buildings. Your first apartment had nice large living space. And I see that maybe the amenities of this one maybe a little older but that is ok. I like the steel sink there. The second one was nice. But after you gave us a the numbers to own or buy you were right. The balcony/terrace should be from the living room unless it would be a rap a round to all areas if the apartment. The last one is really nice to me. It is a smaller building with the pool on the top floor. The balcony/terrace view is ok. Great tour for all if them. Thanks.

@MichaelBordenaro 4 года назад

Thanks Lemard! Glad you enjoyed, they all certainly have their pros and cons for sure, but all nice in their own way

@dumdumbrown4225 4 года назад

Does US$3000/month incl. taxes & insurance include the HOA or its condo equivalent?

@MichaelBordenaro 4 года назад

Good question, when you are renting. All that stuff is included, you will just need to pay your utilities like electricity, cable and internet. As an owner, it is also included in my example, so the one you can buy for $3000/mo does include taxes insurance and the HOA in this case👍

@Triciacampbellplusmodel 4 года назад

Thanks for showing this. What can i rent for 1,500.00 to 1,950.00 a month

@MichaelBordenaro 4 года назад

You're welcome! I did one before this that was at the $1500 price point. I'll link it here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-SMnMPTOAgN0.html

@Triciacampbellplusmodel 4 года назад

@@MichaelBordenaro ok will check it out. Thanks your channel is do informative. Really thinking of leaving NYC.

@MichaelBordenaro 4 года назад

@@Triciacampbellplusmodel You're welcome! Really glad you are enjoying my videos 😀

@johnlabus7359 4 года назад

I can make a very convincing argument that Belle Island in Miami Beach is the best Condo/Apartment location in all of MiamiDade County.

@MichaelBordenaro 4 года назад

There is certainly a lot to love about that area and it's not one a lot of people know about even if you live in Miami Beach 👌

@ellaenchanting333 3 года назад

Question. Do the apartments come furnished or empty?

@MichaelBordenaro 3 года назад

It depends there’s always both options available but generally furnished options are more expensive

@Ultimatepiston 4 года назад

Love your vids man you definitely deserve more subs. I was wondering if you ever made a "day in the life" video. Thnx

@MichaelBordenaro 4 года назад

Hey thanks a lot! I appreciate you saying that. I have never done a day in the life, but I am working on my first vlog, so I guess that is sort of the same. I did a poll a while back, and 90% said they wanted it👍

@MarPF 3 года назад

With all respect, none of these apartment are worth $3000. I guess it's the furniture that makes them so expensive. They are not even in South Beach, although 9 Island is close and Belle Isle is a nice location. 9 Island has great amenities and I have looked at buying there in the past but the apartments are not up to the standards I would expect for the price and as you mention it does not make sense to buy compared to renting. Currently I'm paying about $2900 (including utilities) for a large unfurnished 2/2 with a perfect split floor plan. Both rooms are large and have direct access to a walk in closet, large bathroom and the huge balcony. It has an unobstructed view of the bay and I can watch the amazing sunsets every night and the boat and jet skies go by during the day. It's in South Beach.

@MichaelBordenaro 3 года назад

The tough thing about making these property videos is that you don't always get to shoot the ones you want. So not everyone will agree with the choices, but it is still representative of what is available in the area for the price. Sounds like you have a pretty nice place! Let me guess, you are on West ave or Purdy Ave?

@MarPF 3 года назад

@@MichaelBordenaro Yes, and it is understandable. I am guessing the furniture adds between $200-400 a month to the price which is why it is of course not directly comparable to an unfurnished apartment. If someone is looking to just stay short-term / 12 months it might make sense but otherwise it seems to make more sense to rent unfurnished.

@MichaelBordenaro 3 года назад

@@MarPF I'm totally with you on the unfurnished longer term unit. Much better for a long term renter. In fact, being in the real estate business, I wish more units were unfurnished bc now it seems more than half of the rentals here are furnished, and that can turn many people off bc of style, cleanliness etc

@dongshuowu3454 4 года назад

Great unit. Makes perfect sense to rent.

@MichaelBordenaro 4 года назад

They definitely all are nice in their own way👌

@liorbrosh7127 4 года назад

Every time you show something like, I am overwhelmed how much you can get for your money in the USA. In the UK you would’ve get a third for that price. Anyhoo, My question is; how easy is it to renovate a place like it? Let’s say I bought it and want to remove or rearrange some walls to maximize usable spaces, remove the tile flooring in order to install a different kind etc. does it require a special permission from the building management? Do I have to get permission from the local authorities? Thank you 😊

@MichaelBordenaro 4 года назад

Its funny you say that Lior, because I see other comments also saying how unaffordable places like this are here. And yet, both points of view are correct! It all depends on where you come from and position in life. As for renovation, you need to pull a permit with the city and with the building if it is a condo like this. So to answer your question yes you do need permission to do those type of renovations. If it's just light things like repainting or rearranging stuff like you said you could probably get away without one👍

@liorbrosh7127 4 года назад

Michael Bordenaro thank you so much! 👍🏻.

@MichaelBordenaro 4 года назад

Lior Brosh you’re welcome! Thank you for always watching and supporting the channel 😄

@Lisithedogwalker 4 года назад

Your comments and questions are so great!🙌😊

@sharonlee7111 3 года назад

I can stay in a hotel with room service cheaper than that

@MichaelBordenaro 3 года назад

Haha, i'll bet!

@marquisdosmil2023 4 года назад

The apartments you showed have furniture. Are the rental apartments all furnished?

@MichaelBordenaro 4 года назад

Yes they are furnished. Sometimes it's possible to rent them unfurnished as well

@marquisdosmil2023 4 года назад

Michael Bordenaro are furnished ones much more expensive?

@MichaelBordenaro 4 года назад

@@marquisdosmil2023 Usually they are slightly more expensive, but normally not more than a couple hundred dollars per month

@marquisdosmil2023 4 года назад

@@MichaelBordenaro Thanks, Michael. Other than the monthly rent, what else does a renter need to pay, and how expensive are they?

@MichaelBordenaro 4 года назад

@@marquisdosmil2023 No problem and good question. Usually you will be responsible for your own electricity, cable/internet and sometimes natural gas if a gas stove in addition to the rent.

@KourttneyL 4 года назад

Why does most Florida houses have tile flooring?

@MichaelBordenaro 4 года назад

Really there are all kinds of flooring here but tile is good because it stays cool. Hardwood take special cleaning products and carpet is too hot and most people don't want it here.

@KourttneyL 4 года назад

Michael Bordenaro ahh okay! I was looking at houses and apartments and a good chunk of them had tile flooringand I didn’t get why. Thank you for letting me know!

@MichaelBordenaro 4 года назад

@@KourttneyL No problem, it's very common here so I'm sure you'll see that a lot on your search

@monkusbee 4 года назад

Mainly water

@Spec62 4 года назад

Good presentation.

@MichaelBordenaro 4 года назад

Glad you liked it!

@Spec62 4 года назад

@@MichaelBordenaro You're on my radar should business activities prove successful after this election. Look forward to chatting with you.

@MichaelBordenaro 4 года назад

@@Spec62 Awesome! I hope your business is successful!

@ticiamillermccloud561 3 года назад

These are very helpful.

@MichaelBordenaro 3 года назад

Glad you enjoyed the video Ticia😀

@kylemahadeo 4 года назад

The 2nd one!

@Prewittfit 4 года назад

Man that makes me miss my place at the Murano Grande when it was built. It's nice to have everything under one roof. I loved walking everywhere. 🙂 love the vid.

@MichaelBordenaro 4 года назад

Oh yeah Murano Grande is nice!! One of the best in Miami Beach for sure👌 walking everywhere is definitely the draw to being here

@Prewittfit 4 года назад

@@MichaelBordenaro we paid around 350k back when it was a new build, I've kept a watch on it and my old size units ,2 bed, are over a million now. Crazy

@MichaelBordenaro 4 года назад

@@Prewittfit Yep, you're right! Too bad you don't still own it. That would be a nice nest egg👍

@Prewittfit 4 года назад

@@MichaelBordenaro oohhh boy Yes it would

@JackMeyHoffer562 Год назад

That TV space at 1:50 is atrocious! 😖

@bethd9160 4 года назад

I’m from southern Cal. This is amazing for 3000 a month!

@MichaelBordenaro 4 года назад

Yes, especially coming from there. And then I have seen so many others say how little value these places offer for the $$. It's all perspective 👌

@kmoney7244 4 года назад

Can you do rental properties in central florida under 1000 im having a hard time finding rentals within that range

@dumdumbrown4225 4 года назад

k money - I previously wanted to make the same request but remember Michael mentioning in another video that he only provides RE services within Miami Beach thereabouts.

@seank2793 4 года назад

What apt do you live in? Yours seem better

@MichaelBordenaro 4 года назад

I live right down the street from these units. I will probably do one in the building soon 👍

@seank2793 4 года назад

@@MichaelBordenaro thanks! Btw i knowntimes are bad and they might not doing atm, but do they clean outside of the window?

@MichaelBordenaro 4 года назад

@@seank2793 that's a really good question. Some buildings do the outside cleaning of the windows and some don't. Like where I live for example I think they only do it once a year. But at the building next-door which is much more high end they do it three or four times per year. And some buildings don't do it at all

@seank2793 4 года назад

@@MichaelBordenaro thanks for quick reply! Really would love to move out to miami soon