Palm Bay Property ManagementHow can Palm Bay landlords & out-of-state investors benefit from working with The Realty Medics?
- Higher rental income on your Palm Bay property
- Long term ROI for your investment portfolio
- Accountability and transparency from your Lake Mary property managers
- A peace of mind rental investment experience
Palm Bay’s Highest Rated Property Manager, Rehab Partner, and Real Estate Expert
The Realty Medics is a progressive Palm Bay property management company using innovative technology and personalized customer service. We’ve been in business since 2008, and we manage over 900 properties in Lake Mary and around Central Florida.
We are here to provide owners and investors with the best rental management services in the local market. We can also work with you on rehab projects and help you sell your real estate. Contact us to find out how to get started with Palm Bay property management.
What Types of Properties Do The Realty Medics Manage?
Single Family Homes
This is the most common type of residential property that we manage. Since 2008, with over 900 properties under management, our team has worked endlessly to establish The Realty Medics as one of the most progressive property management companies in the industry. We remain cutting-edge in our business because of our commitment to our owners and competitive services.
Properties of this type are generally attached to each other, but with no neighboring units above or below. This is one of the differences between townhouses and condos. If you own a townhouse that you would like to rent out, contact our team at The Realty Medics. Our team has worked with hundreds of investors and, landlords. We pride ourselves on our work ethic, and let our positive reputation and reviews speak for themselves.
In general, condominiums require payment of association fees to help maintain common areas and facilities. If you are a landlord who owns this type of property, you already know how much time and effort is required to manage condo rentals. Our management team has a wide range of experience and operational knowledge in property management and the various nuances required when dealing with HOAs.
What Services Do We Have for Lake Mary Property
Owners Like You?
Marketing and Advertising Rental Properties in Palm Bay
When it’s time to advertise your vacant property, we have aggressive and effective marketing strategies to ensure we place a good tenant quickly. We understand the local Palm Bay rental market, and we know what Lake Mary renters are seeking in a home.
We know what works when it comes to online advertising and yard signs.
We maintain an updated vacancy list on our website, and tenants can easy schedule showings 24 hours a day.
Other marketing benefits include:
Rental price evaluation and analysis.
Coordination of renovations, upgrades, and rehabs.
Published property listings on highly trafficked rental sites with professional photos.
Well-placed yard signs for exposure to local traffic.
That’s what we call above-and-beyond Palm Bay property management.
Palm Bay Tenant Screening and Placement
At The Realty Medics, we have a vacancy rate that’s lower than the average. It takes us less than 26 days to rent out your property, especially if it’s priced well and in great condition. It takes an average of 18 days or fewer in the summer. This is due to of our comprehensive tenant screening process.
We manage properties all over Palm Bay, which covers zip codes 32725 to 32738.
How do we find and place a high-quality tenant? It starts with the following:
- Credit check, including a search for prior evictions and landlord debt.
- Nationwide criminal background check.
- Employment and income verification.
- Rental history verification.
Our Palm Bay property management team will find you the best tenants, and keep your vacancy rate low.
Rental Maintenance and Property Repairs in Palm Bay
We provide our Palm Bay tenants with an efficient method for submitting maintenance requests. They can submit a request online, and we can immediately send out a vendor to take care of the issues. Emergency maintenance is our responsibility, and tenants can reach us 24 hours a day, 7 days a week, including holidays.
Palm Bay rental property maintenance services include:
Coordination of repairs and follow-up.
Property turnovers and repairs or renovations between tenants.
Professional move-in and move-out inspections.
Preferred list of licensed and insured vendors.
Landlords love our Lake Mary property management services because we solve maintenance issues quickly and efficiently.
Rental Accounting & Financial Reporting
Owners can access a full accounting through their online portfolio. Our software allows you to log into your portal and see your account. You can control your property’s financial performance, and always stay informed.
When you hire us as your Orlando property management company, we will provide:
Rent collection and security deposit disbursement.
- Lease renewals.
- Collections on late payments.
- Transparent, simple accounting statements.
- Customizable reports for trend analysis.
Homeowners choose Realty Medics for Palm Bay property management because we make sharing and collecting information simple and effective.
The Realty Medics Guarantees
We are very proud to be the highest rated and most reviewed Property Management company in Central Florida. We guarantee results and have the lowest rates to support our results-driven philosophy.
14 Day Rental Guarantee
If we don’t rent your home in 14 days you get one month FREE management.
90 Day Money Back Guarantee
If you, the Owner, is unhappy for any reason, we will refund your management fees
6 Month Tenant Guarantee
If a tenant is removed in first 6 months, We find you a new tenant free of charge.
Palm Bay Property Management Fees and Costs
At The Realty Medics, we offer three different pricing options for our Palm Bay property management services. All three options offer the same services at different pricing structures. We know that every budget is different, and we also offer a Leasing-Only service which covers tenant placement.
Our most popular plans are those that include property management services along with tenant placement. Each plan has its own monthly management fee and tenant placement fee.
Simple, Transparent Rental Management
Our most popular plans are those that include property management services along with finding tenants for your property. Each plan below shows you a monthly Management % and a Tenant Placement %.
|8% Package||9% Package||10% Package||Lease Only|
Ideal for Investors Looking for Maximum Cash Flow
Ideal for Owners in Favor of Balanced Cash Flow
Ideal for Owners Needing Less Initial Investment
Ideal for Full-time Landlords
|Tenant Placement Fee|
|Tenant Placement Fee||
75% of 1 Month's Rent
50% of 1 Month's Rent
35% of 1 Month's Rent
100% of 1 Month's Rent
|Monthly Management Fee|
|Monthly Management Fee||
8% Monthly Fee
9% Monthly Fee
10% Monthly Fee
No Monthly Fees
|Marketing the Property|
|Marketing the Property||✓||✓||✓||✓|
|Full Legal Compliance|
|Full Legal Compliance||✓||✓||✓||✓|
|Convenient Rent Payments|
|Convenient Rent Payments||✓||✓||✓||✓|
|Professional Move-In/Move-Out Inspections|
|Professional Move-In/Move-Out Inspections||✓||✓||✓||Move-In Only|
|Eviction Process Handling|
|Eviction Process Handling||✓||✓||✓||N/A|
|Property Accounting and Reporting|
|Property Accounting and Reporting||✓||✓||✓||N/A|
|Monthly Owner Statements|
|Monthly Owner Statements||✓||✓||✓||N/A|
|Owner and Tenant Portals|
|Owner and Tenant Portals||✓||✓||✓||N/A|
|Tenant Maintenance System|
|Tenant Maintenance System||✓||✓||✓||N/A|
What Is it Like to Have The Realty Medics Manage My Palm Bay Rental Property?
The Owner/Property Manager relationship is very important. We are going to be working together for hopefully a very long time and communication and trust is essential. We are in business together we will always provide quick honest answers and advice.
We offer a full range of Palm Bay property management services tailored to you as an investor, homeowner, or landlord. We have an extensive portfolio of single family homes, townhouses, condos, and apartments in the Central Florida area. We are currently managing over 900 doors. So when you come to us for Palm Bay property management, we’ve got the expertise to help.
Areas We Serve in Florida
We’re happy to serve many of the surrounding areas here in Central Florida. Below are the current cities and locations that we operate in. If you don’t see your area listed, don’t hesitate to reach out to us and we’ll see if we can work together.
Overview of Palm Bay
Palm bay is a coastal city in Brevard County just south of Melbourne, Florida. Midway between Orlando and Miami, Palm Bay is the most populous city in the county with a population of 107,190. In addition to nestling right up against the Atlantic Ocean, it boasts two popular natural attractions in the Turkey Creek and Indian River Lagoon.
As of summer 2019, the St. Johns Heritage Parkway SE improvement program to construct a new diverging diamond interchange (DDI) on Interstate 95 (I-95) was nearly complete. The project is a joint effort of the City of Palm Bay, Brevard County, and the Florida Department of Transportation (FDOT) to improve capacity, operations and safety as well as promote economic development in southern Brevard County.
In-Depth of Palm Bay
With close proximity to The Space Coast and Melbourne, there is no shortage of opportunity in science and tech for residents of Palm Bay. The median household income is about $45,000.
Niche.com rated it number 9 out of 288 best cities to buy a home in America. They also ranked it 19 for cities with the best public schools and 25 with the lowest cost of living.
Palm Bay is a great spot for outdoor enthusiasts. The city features nature preserves and kayaking through the pristine waters of the Turkey Creek Sanctuary. The City of Palm Bay Parks & Recreation Department operates 31 parks, 2 community centers, a senior center, aquatic center, wildlife sanctuary, nature center, skate park, dog park, and a new campground coming soon.
Ocean lovers relish the scenic highway and trails running along the Indian River Lagoon. The 4-mile stretch of Palm Bay is the gateway to the city and includes elegant dining, scenic waterfront views and unique shopping experiences.