Hurricane Irma, and its 138 mph winds, wrecked havoc along the Florida coastline last August. The storm left thousands of renters flooded, without electricity, and many homeless and searching for a dry and safe place to sleep. In most communities, the first floor units were damaged beyond repair with upper levels wind torn. Seeing no way back to their homes or the coast line areas, many renters moved inland to regroup and rebuild.
The majority of residents would rather renew a lease than move, but need to feel appreciated and incentivized to stay in a community with often dated accommodations, amenities and services. The new communities on the market are leveraging their polished exterior and beefing up their services to entice young professionals to move.