In Miami, renting a brand-new apartment at Douglas Enclave makes much more sense than buying for many reasons. The case for renting goes way beyond expenses, but that is certainly a pivotal factor.
There has been a flurry of recent media coverage about stubbornly elevated mortgage rates and the increasingly fleeting American dream of homeownership. But that only tells part of the story about why renting is the smart move in today’s housing market.
The key arguments for renting over buying include:
- Huge cost savings: renters avoid the unwanted surprise expenses that come when air-conditioning units fail, major appliances must be replaced, roofs need repair – to name just a few scenarios. Renters also are not on the hook for regular maintenance, while homeowners must allocate significant funds to cover that ongoing work
- Time is money: homeowners often are forced to drop what they are doing to coordinate maintenance and service visits. Renters can make one phone call to the property management team and move on with their days
- Convenience: From attentive front-desk personnel to secure package lockers and 24-hour security, renters have complete peace of mind about their daily needs being met
When breaking down all of these considerations, it truly is no longer a debate.
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.