Miami Condo Hotel Buildings
1 HOTEL & HOMES SOUTH BEACH
102 24th Street
South Beach
Starting at $2.1 Million
ABAE 1215 WEST
1215 West Avenue
South Beach
Starting at $360,000
THE ALTAIR BAY HARBOR
9540 W. Bay Harbor Drive
Bay Harbor Islands
Starting at $450,000
BEACHWALK
2600 E. Hallandale Blvd.
Hallandale Beach
Starting at $480,000
BENTLEY BEACH HILTON
101 Ocean Drive
South Beach
Starting at $700,000
BOULAN SOUTH BEACH
220 21st Street
South Beach
Starting at $725,000
THE CARILLON CENTER TOWER
6801 Collins Avenue
Miami Beach
Starting at $525,000
CARLYLE DECO HOTEL
1250 Ocean Drive
South Beach
Starting at $780,000
CASA GRANDE
834 Ocean Drive
South Beach
Starting at $430,000
De Soleil
1437 Collins Avenue
E11EVEN HOTEL & RESIDENCES
20 NE 11th Street
Downtown Miami
Sold out!
FAENA HOTEL RESIDENCES
3201 Collins Avenue
Miami Beach
Not available
FONTAINEBLEAU
4401 Collins Avenue
Miami Beach
Starting at $840,000
FOUR SEASONS HOTEL & RESIDENCES
1435 Brickell Avenue
Brickell
Starting at $777,000
HYDE MIDTOWN
3401 NE 1st Avenue
Midtown Miami
Starting at $495,000
LEGACY RESIDENCES
942 NE 1st Avenue
Downtown Miami
Sold out!
M Resort
18683 Collins Avenue
MONDRIAN SOUTH BEACH
1100 West Avenue
South Beach
Starting at $340,000
Ocean Point
17375 Collins Avenue
ONE BAL HARBOUR
10295 Collins Avenue
Bal Harbour
Starting at $3.75 Million
SETAI SOUTH BEACH
101 20th Street
South Beach
Starting at $2.375 Million
Sixty 80 Design Hotel
6080 Collins Avenue
Sole
17315 Collins Avenue
THE ST. REGIS BAL HARBOUR
9701-9705 Collins Avenue
Bal Harbour
Starting at $2.7 Million
TRUMP INTERNATIONAL
18001 Collins Avenue
Sunny Isles Beach
Starting at $270,000
W BRICKELL
485 Brickell Avenue
Brickell
Starting at $550,000
W SOUTH BEACH
2201 Collins Avenue
South Beach
Starting at $1.2 Million
YOTEL PAD
227 NE 2nd Street
Downtown Miami
Starting at $395,000
Condo Hotel Residences offer the ability for owners to generate income with thier property while they’re not using it. They are typically operated by well known luxury hotel brands and are usually located in popular vacation destinations, such as Miami Beach, Sunny Isles Beach and Downtown Miami.
Owners have the option to place their Miami condos in the hotel’s rental program to earn a revenue while they’re away. The units are put the unit in the hotel inventory and the owner splits the rental proceeds with the hotel management company. The most common split is 50/50, although some hotel management companies do give owners a larger share.
The revenue generated helps to offset some of the expenses and may possibly generate some returns. Orignally designed for investors looking for a tax shelter, condo hotels were first developed in Miami Beach more than 60 years ago. Today condo hotels are gaining more popularity and can be found througout the world, including Aspen and Mexico.
There are many benefits of owning a luxury condo hotel in Miami, including owning a vacation property that is professionally managed and can provide rental income. However, there are also disadvatanges to owning a condo hotel versus a typical condominium. As a general rule of thumb, the mainenance fees are higher and sometimes there are additional property management fees.
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Josh Stein
Global Luxury Realty
+1 (305) 695-8257
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JOSH STEIN REALTOR
Global Luxury Realty, LLC
1688 Meridian Ave
Suite 700
MIami Beach, FL 33139
+1 (305) 695-8257
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