$1,499,000
4391 Collins Avenue #623
1 bd · 2 ba · 1,063 sq ft
Listing courtesy of Luxury Real Estate Group LLC. 561-929-7304
From the MLS
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 1,063 sq ft
- Asking per square foot
- $1,410
- Year built
- 2008
- Association fee
- $1,716 monthly
- Parking spaces
- 1
- ZIP code
- 33140
- MLS number
- B26061970
What the listing says
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, 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.
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