About This Home

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.

Property Details

Type

Residential

Sub-type

Condominium

Subdivision

FONTAINEBLEAU III SORENTO

Lot Size

0 acres

Stories

24

Pool

No

Heating

Central,Electric

Cooling

CentralAir,Electric