Miami, FL

Southwest Point Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 15, 2026

Thinking about renting at Southwest Point Apartments in Little Havana? Rent here runs From $1,650, and renters insurance adds about $22/mo. Below we break down which carriers are cheapest for this building and what the lease actually requires.

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2300 W Flagler St, Unit 17, Miami, FL 33135

Little Havana

Built 1930 3 stories 24 units
4.5/5 ·80 reviews Google
Apt. Finder
From $1,650 /month

Monthly Cost Breakdown at Southwest Point Apartments

The listed rent isn't the whole number. Here's what Southwest Point Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $1,672
Base Rent $1,650
Est. Renters Insurance $22/mo

Renters Insurance at Southwest Point Apartments

What Affects Your Premium Here

Every building is different. These factors specific to Southwest Point Apartments can push your insurance cost up or down:

Older Building

Built in 1930 — older plumbing/electrical may increase risk

Open Access

No gated or controlled access — higher theft exposure

FEMA Flood Zone

Zone X — minimal flood risk

FBI UCR

Property crime rate: 2477/100K (57% above national average)

What You'll Likely Pay

$22

Est. Monthly

$258

Est. Annual

$16

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for Southwest Point Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$30,000 recommended

If you own less

$20,000

If you own more

$50,000

Liability

Covers accidental harm & lawsuits

$100,000 recommended

Standard minimum for most lease requirements in Florida

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near Southwest Point Apartments:

Carrier Monthly Annual
Lemonade $11/mo $128/yr
USAA $12/mo $144/yr
State Farm $16/mo $192/yr
Progressive $17/mo $208/yr
Safeco $17/mo $208/yr
Travelers $19/mo $224/yr
Allstate $20/mo $240/yr
Nationwide $20/mo $240/yr
Farmers $21/mo $256/yr
Liberty Mutual $24/mo $289/yr

Discounts You May Qualify For

Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $22/mo

4 discounts may apply here. Real quotes show your actual price — estimates can't.

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Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Miami.

Miami property crime rate

2,477

per 100K residents

57% above U.S. avg

U.S. avg is 1,578 per 100K

Breakdown per 100K residents

Burglary
232 / 200
Larceny / theft
1,994 / 1,172
Vehicle theft
252 / 206

U.S. average

Higher-than-average property crime is why insurance carriers charge more in this zip code — your premium reflects the claims frequency for the area.

Source: FBI UCR Program, Miami (2024-12 to 2025-11)

What Residents Are Saying

Based on Google reviews, here are the issues residents mention most often — and the ones that matter when choosing your coverage. Longer bars indicate more frequent discussion.

Maintenance Issues Common topic

Flood Risk

Standard renters insurance does not cover flood damage. FEMA maps every property into a flood zone — here's what that means for Southwest Point Apartments.

FEMA Zone X (Area Of Minimal Flood Hazard) — Minimal flood risk

Flood insurance optional but inexpensive in this zone.

Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.

Amenities

Community Features

Laundry Facilities

Floor Plan Amenities

Air Conditioning Kitchen Oven Refrigerator

About Southwest Point Apartments

Year Built: 1930
Stories: 3 stories
Units: 24
Phone: (866) 883-2812

From the property listing:

Our historical three-story building on Flagler St. enjoys the convenience of having a supermarket across the street and being only two blocks away from Miami Senior High School. Our first floor offers commercial space for rent to local businesses. We offer a coin-operated laundry room and some parking spaces on a first-come, first-served basis. Street parking is also available. The building was built in 1930, and we are proud to maintain its features as a remembrance of the period.

Other Options Nearby

Still weighing your choices? These communities are in the same part of Miami — compare rent and estimated insurance cost side by side.

Frequently Asked Questions

Does Southwest Point Apartments require renters insurance?
We didn't find a public insurance requirement for Southwest Point Apartments, but that doesn't mean there isn't one. Many communities add the requirement during lease signing. It's worth asking the leasing office directly — and even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at Southwest Point Apartments?
For this zip code and building type, expect to pay around $22/month ($258/year). For context, the statewide average is $16/month, so this building is above average.
What will I actually pay per month at Southwest Point Apartments?
Plan for about $1,672/month all-in. That's base rent (From $1,650), plus roughly $22/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
How safe is the area around Southwest Point Apartments?
Property crime in Miami runs noticeably higher than the national average — 2,477 incidents per 100,000 residents versus the U.S. average of 1,578. That's the metric insurance carriers care about most for renters coverage, since property crime (theft, burglary, vehicle break-ins) drives most claims. Burglary specifically is 232/100K here.
What floor plans does Southwest Point Apartments offer?
There is 1 floor plan available, a 1-bedroom layout. Rent ranges from From $1,650. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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