Worth Avenue Property Management Group, Inc. (“WORTH”), is a full service premier property management company serving Southern Florida. WORTH is a subsidiary of Palm Beach Realty Advisors, Inc., a full service real estate brokerage firm that is known for its strong investor and commercial related programs. Palm Beach Realty Advisors is known through South Florida as the Investor’s Firm. Likewise, WORTH is known to provide “Worth Avenue Service With Wall Street Smarts.”

Management Services

Worth Avenue Property Management’s services are customized to meet and exceed our clients’ specific requirements and objectives. Worth employs experienced personnel in all facets of operations to insure the highest level of service to our clients. Our services have been tailored to meet and exceed the needs of the real estate investor with one unit or 1,000 units seeking management expertise. We place a great deal of emphasis on cost control, creating positive cash flow opportunities and maximizing income. We are ever mindful that a quick occupancy turnaround time from a recent vacancy is essential to maintain cash flow property value.

Our Services and Capabilities Include, but are not limited to, the following:

• Residential including: Single Family, Condominium and Apartment Buildings. Within Residential we provide services for high-end single family residences and condominiums as well as having a division that manages affordable and low income housing (subsidized and tax credit) and everything in between. Our Capabilities include managing apartment assets as small as 5 units to over several 100 units, in addition to managing associations.
• Commercial including: Retail, Office and Industrial property management
• Renovations, rehabilitations, and other types of fix-ups
• Preventative Maintenance
• On-staff maintenance and technician crews for small and large projects (Substantial cost savings to Clients)
• Seek and obtain competitive contractor bids for special projects
• Full lease Administration from application to screening to contract and tenant term compliance
• Special Tenant Care and Retention Programs
• Management services by our experienced on-site managers
• Training and supervision of your existing staff
• Monthly site visits by Property Management Supervisor
• Payroll services including payroll taxes, workers compensation and employee insurance benefits
• Approve and pay property invoices, including utilities, taxes and mortgage payments
• Monthly financial reporting including Balance Sheet, Income Statement, General Ledger, Rent Roll, Lease Summary, Bank Reconciliation, and Tenant Receivables aging schedule
• Marketing and Leasing vacant space, as well as renewal of existing tenants
• Assist in obtaining financing and managing and promoting the process
• Property Management Opinion on increasing cash flow and overall property value.