How Much Value Does Ocean View Add To A Rental?

[Danny N.]

Im putting my vacation home up for rent, we aren't going down to miami much anymore and id like to rent it out. The condo is 1 of 6 in the entire building of 200 with an ocean view, that is bc its on the top floor and all other floors are blocked by a building in front of ours. Other 800 sq ft units are renting for between $2800-3000. What would you charge for a top floor with an ocean view that the others dont have. I spoke with a realtor today and she said maybe $250/mo more but that makes no sense bc if I was to sell the condo I would get probably $200k minimum more than a non view unit, so why would the rent be nominally higher?

Just looking for advice.

[John Thedford]

See what the market will bear. Also check with some PM companies for the advice.