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Property Management Pricing

We offer transparent, simple, and affordable pricing. Our property management rates are as follows:

ANNUAL RENTALS

1). Management Fee: 

           Single family homes,  condos, & townhomes: 8 to 10% of rent ($100 monthly min & $400 monthly max)

           Multi-family housing: 6 to 8% of rent

2). Leasing Fee: 

            Single family homes,  condos, & townhomes: 50% to 100% of the 1st month's rent

            Multi-family housing: 0% to 50% of the first month's rent

3). Lease Renewal Fee: $199.00



Call (561)510-8666 or e-mail us for more information or to schedule a free consultation.

Pricing as of Jan 2021 and subject to change.

What is included:

  • Oversee the preparation of the property for leasing
  • Hold all advanced rent & security deposits in a Florida non-interest bearing escrow account
  • Collect rent payments from tenants through EFT/ACH electronic transfer
  • Be the point of contact for the tenant throughout the lease
  • Make rent payments directly to the owner’s bank account through EFT/ACH electronic transfer
  • Collect, file & pay the local 6% Tourist Development Tax quarterly (if applicable)
  • Collect, file & pay the 7% Florida Sales Tax monthly (if applicable)
  • Coordinate all routine maintenance & ensure vendors gain access to the property
  • Coordinate all repairs through trusted & proven vendors that offer discounted pricing
  • Inspect the property throughout the lease
  • Renew and prepare the lease agreement for a small fee of $199.00
  • Raise rents as necessary to keep pace with the local market
  • Conduct a final walkthrough and obtain the keys from the tenants
  • Retain security deposits to fix damage & notify tenants in writing per state guidelines
  • Provide owners with necessary tax documents at year end

Call (561) 510-8666 or e-mail us for more information or to schedule a free consultation.

Mangrove Property Management LLC.
11231 US Highway 1 #360
North Palm Beach, FL 33408

561.510.8666

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