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Miami Condo Hotels

INCOME PRODUCING REAL ESTATE

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Josh Stein

Josh Stein

Global Luxury Realty

+1 (305) 695-8257

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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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      LUXURY CONDOS

      Pre-Construction Condos (*)

      Arts & Entertainment District

      Canvas

      Casa Bella by B&B Italia *

      Parc Lofts

       

      Aventura

      Artech Residences

      Bellamare

      Bellini Williams Island

      Echo Aventura

      Hamptons South

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      The Peninsula

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      Prive Island Estates

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      One Bal Harbour

      The Palace at Bal Harbour

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      Origin Residences *

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      Brickell

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      1100 Millecento

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      Three Tequesta Point

       

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      Vita Residences Grove Isle *

       

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      The Avenue Coral Gables *

      Gables Club Tower I

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      Merrick Manor

       

      Design District

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      One Bay Residences

      Quadro Residences

       

      Downtown Miami

      501 First Residences *

      600 Miami Worldcenter *

      900 Biscayne Bay

      Aston Martin Residences *

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      26 Edgewater

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      Gallery Art Condos

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      The Yorker

       

      Fisher Island

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      Oceanside

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      Villa Del Mare

       

      Fort Lauderdale

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      Four Seasons

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      Hallandale Beach

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      Hollywood

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      Key Biscayne

      101 Key Biscayne

      Grand Bay Residences

      Oceana Key Biscayne

       

      Miami Beach

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      57 Ocean

      6000 Indian Creek

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      Midtown Miami

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      Midblock

      Midtown 2

      Midtown 4

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      North Bay Village

      360 Condos

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      The Bridgewater

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      Space 01

       

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      1 Hotel & Homes

      321 Ocean

      350 Meridian

      1000 Venetian

      1111 Residences

      1500 Ocean Drive

      The Ambassadors

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      Artecity

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      Bentley Beach Hilton

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      Grand Venetian

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      Il Villaggio

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      Ten30 South Beach

      Three Hundred Collins

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      The Yacht Club

       

      Sunny Isles Beach

      400 Sunny Isles

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      Jade Beach

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      The Pinnacle

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      Trump Towers I, II, III

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