Monday, March 12, 2012

Once-empty downtown Miami condos reach 93 percent occupancy

The once-vacant “condo canyon” in downtown Miami has been almost entirely filled up, according to a report from the Downtown Development Authority, the Miami Herald reported. Approximately 93 percent of the 23,000 condominiums built in Miami since 2002 like Icon Brickell are now occupied.
“We always encourage clients to bring their checkbooks for the first month’s rent,” said a rental specialist. “There is a lot more demand than there is supply.”

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