Frequently asked questions Aventura Isles owners ask us are:

At what price can I rent a house or townhome in Aventura Isles?

Rent prices are determined by the market. It depends on the inventory available and competition with other properties in the area. The number of rooms, house condition and location are also factors. On average, houses are rented from $3,500 to $4,500 per month. Townhomes are rented from $2,900 to $3,400 per month.

How long does the rent process take in Aventura Isles?
Taking into account the moment the property is listed until the keys delivery day. It all depends on the owner or the outgoing tenant willingness to show the house to prospective clients. In my experience unoccupied houses are rented more easily unless the owner helps thoroughly through the process.

At best, it can happen in one day. The landlord or tenant moves out and the next day the tenant moves in. This can  happen as long as the landlord or tenant has left the house in perfect condition. This includes things like painted walls, clean carpets and a clean house. If you’re the property owner, the estimated time to find a client and finish the transaction is from 30 to 45 days. This includes having the Aventura Isles HOA approval and handing over the keys. It may also take longer. 

How is the prospective tenant selected?
The Realtor® lists the property and gets the offers with each client’s detailed information and shows them to the owner so he/she can review them. These documents are: credit report, proof of income and/or bank statements, general information sheet of the tenant. Based on these documents, the owner decides which offer is going to be approved. It is recommended that the realtor meet potential tenants in person to help him/her make the decision.

After the owner accepts the offer, Aventura Isles HOA must approve the tenants in order for them to move.

How long is the minimum rental term in Aventura Isles?
Residential rental agreements in Florida and therefore in Aventura Isles are for one year. Renewal for an additional year is allowed.

In case of a renovation, the owners and tenants must submit a new rental agreement and apply again to the association in order to be approved by the HOA. (That’s right, please read this line again) Short-term rentals are not allowed. I.E. agreements for a period of weeks or months

How much is the commission for Realtors®? Who pays the commission?
Usually, the commission is 1 month or 5% of the total annual contract. This commission is divided between the agent listing the property and the realtor that brought the client. The commission is paid by the property owner. It is deducted from the payment that the tenant is going to pay.

What are the functions of the Realtor® that lists the property for rent?
After talking with the homeowner to agree on the price and answer some questions he or she will:

• weekly maintenance
• filter cleaning
• pool vacuuming
• tiles cleaning
• Take photos
• Publish the house on the realtor’s MLS, Zillow, Trulia, and social media
• Coordinate times to show the house
• Receive, review and organize offers
• Help select the best offer
• Make the lease and renovations
• Contract signing by both parties
• Coordinate the application process with the HOA and follow up to the final response
• Take a tour of the house to verify the inventory, operation and overall house conditions
• Hand over the house keys
• Deposit checks to the owner

Those interested in renting in Aventura Isles ask us:

How much money do I need to put down in order to move?
Most owners ask for the first month, last month of rent and an extra month as a security deposit.

Are there any additional expenses before moving in?
The association asks for $1,000 as a refundable deposit at the end of the contract. Car stickers are $25 each and the VIP sticker to authorize regular visitors or permanent ones costs $100.

What are the expenses included in the monthly payment?
Internet, Comcast TV cable and gardening are included. 

How many cars can I park?
If you’re renting a Townhome a maximum of 3 cars is allowed. If you are renting a single family home you can park up to four cars or even more in some cases. Certain vehicle type restrictions apply.

When should I apply to the association? How does the application process go?
Once the client has signed the contract with the owner he/she can apply online to the association. A credit check and personal information review firm will provide information to the association. The data obtained is totally confidential.

How much does the Aventura Isles online application cost?
The cost is $100 per person for new renters and $60 for renovations. All adults included in the contract must apply and be approved by the association.

What are the Aventura Isles Association rules in order to approve tenants?
Aventura Isles residents association has guidelines for tenant approval which is subject to the association directors final decision. For example each adult applying must have a credit score greater than 650. 

You can find the details on the www.AventuraIslesHoa.com page, here is the direct link: https://d29qgt99bd79l1.cloudfront.net/20160816150140.pdf 

How long does the association take to respond? What happens if they do not approve?
The association takes 2 to 3 weeks to respond. The answer is delivered via email and it is received directly by the applicants. If not approved, the board’s decision can be appealed. This is done by attaching the requested documents and a letter explaining the situation. The condominium board has the final decision.

Frequently asked questions by the owners and also by the clients wanting to rent:

What expenses must the tenant cover? What services does the owner pay?
The tenant must pay water and electricity. The owner must pay the association for security, pool, park and common areas maintenance. Trash collection is usually paid by the home owner. It costs approximately $400 per year, and it is included in the tax bill.

What happens if some repairs are needed? Who should pay? Who do I report the damage to?
The tenant receives the home in good conditions. If over time there is minor damage, the lease must set a predetermined amount, say between $200 and $300 for these expenses. The tenant must pay these costs to save time getting the repair done.

Aventura Isles houses are new and should not have major problems. Some owners usually make an annual contract with a company that provides appliances repair service. Hiring the service or not is the owner's decision.

In what conditions should I receive or deliver or the house?
The ideal thing is to leave the house as it was delivered when originally moved in. This means clean and with white painted walls. This should be done either the same day the contract expires or another date set with the owner. The walls must be retouched if the TV or paintings hanging on the wall left a mark.

It is important that the tenant calculates the days that it can take to retouch the house, to deliver it and recover his/her full deposit. The owner is expecting to receive his or her home in good condition. The owner has up to 30 days to return the deposit to the tenant. In case there is something that needs repair, the owner will get a quote for the repair cost and deduct it from the deposit.