Pricing

Miami Property Management Pricing: What to Expect (and What to Watch For)

When comparing property management in Miami, the monthly management fee is only part of the total cost. Two companies can both advertise “low pricing,” but the real difference is usually in the add-on fees and how maintenance is handled. Before you choose a Miami property management company, make sure you understand the full fee structure in writing.

Common Property Management Fees in Miami

Most long-term rental management agreements include:

Monthly management fee (typically a percentage of collected rent)

Leasing fee (for marketing, showings, screening, and placing a tenant)

Renewal fee (for lease renewal paperwork and rent updates)

Maintenance coordination (how repairs are managed and approved)

Hidden Costs to Look Out For

Some property managers in Miami keep the advertised fee low, then make up the difference elsewhere. Watch for:

Repair markups (charging above vendor invoices)

Vendor “dispatch” fees per maintenance request

Admin fees for statements, tax documents, or portal access

Lease add-ons like extra fees for inspections or renewals

Minimum monthly fees even if the home is vacant

A Quick Rule of Thumb

If a management fee looks unusually cheap, ask: Where do they earn the rest? In many cases it’s either markups, extra charges, or reduced service (slower response times, outsourced support, less hands-on leasing). Transparent pricing usually means fewer surprises and better long-term results.

Tip: Ask any property management company you’re considering to email a complete fee schedule and confirm, whether they charge repair markups or added maintenance fees.