NO RESTRICTIONS Income producing, Turn key ocean view condo in the Sorrento Tower at the Fontainebleau Hotel.
| Website: | https://www.nestseekers.com/5419092 |
|---|---|
| Address: | Apt: Unit 623 Miami Beach, FL 33140 |
| 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
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
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of Luxury Real Estate Group LLC | |
