Florida is one of the nation’s leaders in a category that is the opposite of brag-worthy: homeowners saddled with burdensome HOA or condominium association costs. This distinction reinforces why renting is the sensible option in the Miami market, regardless of any incremental interest rate reductions. 

A new Realtor.com report shows that 44.3% of Florida homeowners are forced to budget for additional community maintenance costs each month. This is a direct result of the more stringent post-Surfside safety regulations adopted by the Florida Legislature. 

One Miami-area homeowner told Realtor.com that his monthly HOA fees surged by a whopping 250% in a six-year span – and more than doubled since 2022. "It's like if somebody sticks their fingers in your pocket and takes an additional $5,000 or $6,000 from your pocket," the homeowner told the publication. 

The intense regulatory requirements have made it nearly impossible for aspiring condo buyers to afford the purchase of even a one-bedroom unit in Miami. These would-be buyers are turning to brand-new rental building Douglas Enclave as a cost-effective alternative and enjoying a vibrant and hassle-free lifestyle. 

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. 

Additional building amenities include a club lounge, bike racks, gated parking garage 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 6 p.m. from Monday to Friday, and between 10 a.m. and 5 p.m. on Saturday. Douglas Enclave is part of Miami-Dade County’s Workforce Housing Program – contact the leasing team for more details and qualification requirements.