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.
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0BEDS
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N/AACRES
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1BATHS
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01/2 BATHS
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521SQFT
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$1,898$/SQFT
School Ratings & Info
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.
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