Property
| Ownership: | For Sale |
|---|---|
| Type: | Condo |
| Rooms: | 3 |
| Bedrooms: | 1 BR |
| Bathrooms: | 2 |
| Pets: | Pets Allowed |
Financials
Price:$1,499,000
Annual Taxes:$16,080
Common charges:$1,716
Listing Courtesy of Luxury Real Estate Group LLC
NO RESTRICTIONS Income producing, Turn key ocean view condo in the Sorrento Tower at the Fontainebleau Hotel.
Description
NO RESTRICTIONS - Income producing, Turn-key ocean-view condo in the Sorrento Tower at the Fontainebleau Hotel. Features a spacious 1 bedroom condo , 2 full bath, sofa-bed, living area, full kitchen , in unit washer and dryer & a large private balcony, with full access to 5-star amenities including pools, spa, gym, restaurants & nightlife.Currently operating as a short-term rental on Airbnb, the unit generates approx. $170K/year in gross income with an average 90% occupancy. Managed by a private management company, with the option for the new owner to continue management or enroll in the Fontainebleau rental program. All Sorrento guests receive complimentary valet, resort fee & 2 spa passes per stay, plus full access to all amenities. Utilities are included in the HOA.
Amenities
- Balcony
- Bar
- Built-in Features
- Cabana
- Deeded Beach Access
- Direct Ocean
- Dishwasher
- Disposal
- Dryer
- Electricity Connected
- Electric Range
- Elevators
- Fitness Center
- Heated Pool
- Lobby Attended
- Maintenance
- Microwave
- Ocean Access
- Pool
- Refrigerator
- Sauna
- Security System
- Smoke Detectors
- Spa/Hot Tub
- Washer
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
