4391 Collins Avenue #1913, Miami Beach, FL 33140

$875,000

• 1 ba
• 521 sqft
• Built 2008

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.

Listing courtesy of Luxury Real Estate Group LLC.