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Dennis Lue Yat

dennis@luxeiq.com +1(561) 571-1425

$989,000

Est. payment - /mo

1 Bath

521 SqFt

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 521 sqft

Price per Sqft $1,898

MLS Listing ID F10546716

Full Baths 1

Construction Status Resale

HOA Fees $921/mo

HOA Y/N Yes

Total Fin. Sqft 521

Year Built 2008

Annual Tax Amount $11,024

Tax Year 2025

Property Sub-Type Condominium

Property Description

NO RESTRICTIONS - Income producing, Turn-key ocean-view condo in the Sorrento Tower at the Fontainebleau Hotel. Features a king bed, sofa-bed, living area & 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 has generated approx. $110K/year in gross income for the past 3 years 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. Seller is selling to upgrade to a larger unit in the same building.

Location

Subdivision Fontainebleau Iii Sorento

State FL

County Miami-dade

Area 2320

Direction South

Rooms

Main Level Bedrooms 1

Interior

Interior Features Bathtub, Entrance Foyer, Elevator, Living/Dining Room, Other, Soaking Tub, Separate Shower, Walk-In Closet(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Marble

Furnishings Furnished

Fireplace No

Window Features Drapes,Rods,Sliding

Appliance Microwave, Refrigerator

Exterior

Exterior Feature Balcony, Outdoor Living Area

Parking Features Valet

Pool Association

Amenities Available Billiard Room, Business Center, Clubhouse, Community Kitchen, Fitness Center, Playground, Pool, Parking, Sauna, Spa/Hot Tub, Trail(s)

Waterfront Description Beach Access,Deeded Access,Ocean Front

View Y/N Yes

View Ocean

Porch Open, Balcony

Garage No

Building

Faces South

Story 19

Structure Type Block

New Construction No

Construction Status Resale

Others

HOA Fee Include Electricity,Hot Water,Insurance,Maintenance Grounds,Pest Control,Sewer,Trash,Water

Senior Community No

Restrictions Other Restrictions

Tax ID 02-32-23-026-1880

Security Features Security System,Lobby Secured

Acceptable Financing Cash, Conventional, Other

Membership Fee Required false

Listing Terms Cash, Conventional, Other

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Listed by Nadin Pierre Luxury Real Estate Group LLC

Nearby School & Business

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Dennis Lue Yat

+1(561) 571-1425

Broker | SL3301099

Broker SL3301099

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4391 Collins AVE #1913 Miami Beach, FL 33140

Dennis Lue Yat

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information