The Real Deal Miami

Palm Beach still has 100 available rentals

December 15, 2010 11:33PM

There are nearly 100 properties still available for seasonal rental in Palm Beach, with more celebrities and politicians riding out the temperatures up north, according to a report from Condo Vultures. Landlords are seeking anywhere from $800 per month to $85,000 for the season for a five-bedroom home on Island Drive. The median price is $5,000 per month. “This is the do-or-die period for landlords right now who rely on premiums in the busy winter tourism season to over their annual carrying costs,” said Condo Vultures founder Peter Zalewski. TRD