Property 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. $190/year in gross income with an average 90% occupancy. Managed by a private management company (15% comission), with the option for the new owner to continue management or enroll in the Fontainebleau rental program (50% comission). All guests receive full access to all amenities. Utilities are included in the HOA.
Details
| List Price: | $1,575,000 |
|---|---|
| Unit: | # Unit 623 |
| Address: | 4391 Collins #Unit 623 Miami Beach FL 33140 |
| Bedrooms: | 1 |
| Bathrooms: | 2 |
| Living Area (f2): | 1,063 |
| Living Area (M2): | 99 |
| Year Built: | 2008 |
| Waterfront: | Ocean Access |
|---|---|
| Taxes: | $16,080 (2024) |
| Association Fee: | $1,716 (Monthly) |
| Complex: | |
| Days On Market: | 94 days |
| Pets Allowed: | No: Yes |
| Parking Spaces: | 1 |
| Parking Features: | 1 Space Detached Parking Garage |
Property Amenities
Building Amenities
- Bar
- Cabana
- Community Pool
- Elevator(s)
- Exercise Room
- Heated Pool
- Maintained Community
- Pool
- Private Pool
- Sauna
- Spa/Hot Tub
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Electric Range
- Refrigerator
- Washer
Interior Features
- Built-in Features
Exterior Features
- Open Balcony
Security Features
- Smoke Alarm
- Smoke Detector(s)
- Security System
- Smoke Detector
- Doorman
- Lobby Secured
- Lobby Attended
