When residential construction costs rise, the renter ultimately is on the hook to cover the builder’s added expenses. As a new report shows, the surge in current construction costs is going to make new apartment buildings in Miami much more expensive for renters. 

ProBuilder, the official publication of the National Association of Home Builders (NAHB), analyzed new U.S. Bureau of Labor Statistics data that shows residential construction costs are increasing in a variety of categories. Looming tariffs on building materials could drive costs even higher, which in turn would equate to higher rents. 

Think about the impact this will have on new developments in Miami, which is already the nation’s “most competitive” rental market. This is the ideal time to lock in an 18-month lease for a one-bedroom or studio apartment at Douglas Enclave. Secure an extremely favorable monthly rent and enjoy the unmatched lifestyle Douglas Enclave provides before it is too late. 

Douglas Enclave is an 11-story, 199-unit building with brand-new Little Havana apartments available for rent. It includes a thoughtful mix of studio apartments, one-bedrooms, two-bedrooms and townhomes for rent. Individual apartments feature vinyl-wood flooring, open-concept kitchens, stackable washer/dryer units and efficient appliances. 

Building amenities include a club lounge, fitness center, electric vehicle charging stations, bike racks, gated parking garage, dog washing station, saline pool, business center with computer stations and a package delivery room. Douglas Enclave is extremely transit-friendly and located next to a Coral Gables Trolley stop. 

Little Havana is one of Miami’s most popular neighborhoods to live in because of its convenient location, rich history, culture and many things to do. The neighborhood is perfectly positioned near the world-class shopping and dining of downtown Coral Gables, and a short drive from Miami’s bustling Brickell financial district. 

For more information about Douglas Enclave, call (786) 610-4811 or visit the leasing office located at 61 NW 37 Ave. between 9:30 a.m. and 5:30 p.m. from Monday to Friday. Douglas Enclave is part of Miami-Dade County’s Workforce Housing Program – contact the leasing team for more details and qualification requirements.