Real Estate by Fania — Stefania Riverin
(786) 828-0091

$875,000was $900,000

4391 Collins Avenue #1913

Studio · 1 ba · 521 sq ft

Asking price cut 2.8% on October 14, from $900,000.

67 days on marketCondominiumWaterfront
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Listing courtesy of Luxury Real Estate Group LLC. 561-929-7304

From the MLS

Bedrooms
Studio
Bathrooms
1
Living area
521 sq ft
Asking per square foot
$1,679
Year built
2008
Association fee
$921 monthly
Parking spaces
1
ZIP code
33140
MLS number
B26061982

What the listing says

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.

Description supplied by Luxury Real Estate Group LLC.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.

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