Yacht Club at Portofino Condos Offering Great Values
The Yacht Club at Portofino is located in the incredible South of Fifth neighborhood of South Beach. Sitting next to the exclusive neighbors of Murano at Portofino and Murano Grande makes for an amazing location within the ‘marina row’ of luxury, high-end condo developments. The marina lifestyle at the Yacht Club at Portofino is appealing for any sailor, yachtsmen or simply anyone wanting to enjoy the magnificent active lifestyle of South Beach.
For many, it’s hard to imagine a more convenient spot than the Alton Road stretch of bayfront condo buildings. As the geography of South Beach narrows to its southernmost point within the South of Fifth area, the buildings located along the bay benefit for either magnificent views of the Atlantic Ocean or incredible views of the marina and Bay of Biscayne.
Yacht Club at Portofino Value
The Yacht Club at Portofino is a 34-story high-rise containing 361 luxury residences that are quite desirable for anyone looking for a condo for sale in Miami Beach. And with recent 2014 sales averaging in the $700 per square foot range, the building stands as a bargain when compared directly to its neighbors. Icon South Beach, just a few blocks to the North, has had recent sales of $1,200+ and $1,400+ per square foot, while Murano at Portofino directly to the South has had recent sales of crossing the $2,000 per square foot threshold. This cursory illustration demonstrates the upside of being the cheapest luxury waterfront building on the block – plenty of room for pricing growth.
Stroll Down the Boardwalk
Residents of the Yacht Club at Portofino just love the boardwalk in their backyard along the marina. It’s an amazing place to go for a jog, rollerblade session or simply take pets for a walk. The path extends around to the incredible $20 million South Pointe Park at the tip of South Beach. Residents will find that some of the best world-class dining and nightlife venues are within a stone’s throw of the building. And who can forget that the beach is only a five-minute walk away? In terms of convenience and value, the Yacht Club at Portofino scores a perfect 10.
When it comes to amenities, the Yacht Club at Portofino offers pretty much everything you would expect from a luxury condo for sale at Miami Beach. These amenities include a resort-style pool, a waterfront gym, convenience stores within the premises, tennis courts and much more.
Liberal Rental Policies
One of the most attractive features of the Yacht Club at Portofino condos is that the building has a very liberal policy pertaining to rentals. In fact, it is the only high-rise condo building in SoFi that offers seasonal condo vacation rental options. While most other South Beach condos require a minimum lease of at least 6 months, the Yacht Club at Portofino requires a minimum rental period of just 30 days.