About This Property
Residential in Miami Beach
NO RESTRICTIONS - Income producing, Turn-key ocean-view condo in the Sorrento Tower at the Fontainebleau Hotel. Features a spacious Studio with King bed, 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. $120K 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 guests receive full access to all amenities. Utilities are included in the HOA.
Features & Amenities
Property Highlights
Roof
- Other
View
- Ocean
Sewer
- Public Sewer
Cooling
- Central Air
- Electric
Heating
- Central
- Electric
Flooring
- Carpet
- Marble
Amenities
- Billiard Room
- Business Center
- Clubhouse
- Community Room
- Fitness Center
- Jogging Path
- Kitchen Facilities
- Parking
- Playground
- Pool
- Sauna
- SpaHot Tub
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
Appliances
- Microwave
- Refrigerator
Possession
- Negotiable
Room Types
- Kitchen
- Living Room
- Master Bedroom
Water View
- Ocean
Dining Area
- DiningLiving Room
WaterSource
- Public
Pets Allowed
- Pet Restrictions Possible
Restrictions
- Other Restrictions
Water Access
- Deeded Beach Access
Water Source
- Public
Listing Terms
- Cash
- Conventional
- Other
Structure Type
- Multi Family
Balcony Details
- Balcony - Open
ParkingFeatures
- Detached Garage
- Garage
- Valet
Pets Allowed YN
- Yes
Tax Information
- Tax Reflects No Exemptions
Window Features
- Drapes
- Rods
- Sliding
Association Type
- Condominium
ExteriorFeatures
- Balcony
InteriorFeatures
- Elevator
- Entrance Foyer
- Walk-In Closet(s)
Parking Features
- Valet
- Detached Garage
- Garage
SecurityFeatures
- Lobby - Attended
- Security System
Unit Description
- Condominium Hotel
- Studio
Interior Features
- Elevator
- Entrance Foyer
- Walk-In Closet(s)
Security Features
- Lobby - Attended
- Security System
ArchitecturalStyle
- Other
Master BedroomBath
- Separate Shower
- Separate Tub
- Other
Property Condition
- Resale
WaterfrontFeatures
- Deeded Beach Access
- Ocean
Architectural Style
- Other
Waterfront Features
- Ocean
AssociationAmenities
- Pool
- Billiard Room
- Business Center
- Clubhouse
- Community Room
- Fitness Center
- Jogging Path
- Kitchen Facilities
- Parking
- Playground
- Sauna
- Spa/Hot Tub
Showing Requirements
- Appointment Only
Outdoor Living Spaces
- Balcony
Construction Materials
- Other
Association Fee Includes
- Electricity
- Hot Water
- Insurance
- Maintenance Grounds
- Pest Control
- Sewer
- Trash
- Water
SpecialListingConditions
- Standard
Leasing Permitted Details
- Okay To Lease
- Short Term Rentals Allowed
Special Listing Conditions
- Standard
Specifications
Property Details
Location