Miami Beach apartment building landlord gives long-term, elderly residents two months to get out

by Pelican Press
11 views 7 minutes read

Miami Beach apartment building landlord gives long-term, elderly residents two months to get out

Miami Beach apartment building landlord gives long-term, elderly residents two months to get out

Forty-two Miami Beach families are scrambling to find a new home after the building’s landlord recently served them with an eviction notice.

Some of these residents have lived at the Riviera Apartments in Miami Beach, Florida for more than 10 or 20 years — and now they have less than two months to get out, according to a CBS News Miami report.

Don’t miss

Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here’s how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger

Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have you paying as little as $29/month

These 5 magic money moves will boost you up America’s net worth ladder in 2024 — and you can complete each step within minutes. Here’s how

Milagros Santos has lived in the building for 23 years in a one-bedroom apartment. Living with Parkinson’s, she must vacate by August 31.

“They don’t say anything, everybody needs to move[,] that’s it,” she told CBS News Miami.

Many of the residents at Riviera Apartments are older and were paying low rent. Unfortunately, this isn’t uncommon — and older adults face not just housing insecurity, but a series of financial challenges as they age. Here’s more.

Older people’s housing can be precarious (and expensive)

The Riviera Apartments served tenants with a notice on their doors, dated July 2, to let them know that they need to be out by August 31.

The law office of Roth and Scholl, which represents the Riviera landlords and issued the letter, didn’t give a reason for the abrupt termination of the tenants’ residencies. Zeneida Guzman, who has lived at the Riviera for 10 years, believes it’s due to the area’s redevelopment — which can yield higher rent prices now.

“We just don’t know where to go, we have called places, but the rent is extremely high,” she told CBS.

The rent for a studio apartment in Miami Beach averages at $1,870 per month, according to Rent.com’s most recent numbers. For older adults living on Social Security, that could eat up close to their whole check, which currently average $1,869.77.

Precarious housing is a common situation for older Americans. Nearly 11.2 million older adult households were cost burdened (meaning they spend 30% or more of their income on housing) in 2021 — an all-time high, according to The Joint Center for Housing Studies (JCHS) of Harvard University’s most recent report on this, Housing America’s Older Adults 2023.

This cost burden can be particularly dangerous for older adults not just because they’re often living on fixed incomes, but because many of their other expenses also go up as they age. Even for those on Medicare, they may need additional support that isn’t covered, such as caregiving support (only some of it can be covered) and home improvements (e.g. a stairlift).

Story continues

And as your health needs increase, so do the expense. The median cost for a home health aide is $27 per hour, according to the numbers in the JCHS report. These services often require a client to purchase them in four-hour blocks, which will cost a minimum of over $100 per day.

Read more: Car insurance rates have spiked in the US to a stunning $2,150/year — but you can be smarter than that. Here’s how you can save yourself as much as $820 annually in minutes (it’s 100% free)

Can the Miami Beach families do anything?

With all these costs weighing on the Riviera Apartments families, CBS News Miami asked Florida real estate attorney, Fausto Rosales, if they have any recourse.

“We see these things all the time,” Rosales told CBS News.

Unfortunately, Rosales says the landlord is well within their legal rights to give 60 days notice to the tenants. A recent Florida law dictates that landlords only need to give 30 days notice to tenants in month-to-month rental agreements.

Rosales encourages the Riviera residents to speak to the landlord to see if they can come to a type of “resolution.”

Guzman said that she would like to see the landlord give them some leeway — especially after living there for so long.

“We’re asking for a little compassion[,] a little more time,” she told CBS News. “The ideal time would be three to six months.”

What to read next

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.



Source link

#Miami #Beach #apartment #building #landlord #longterm #elderly #residents #months

You may also like