May 2019

Latest Yacht Club at Portofino News

May 21

Are you allowed to rent short term in The Yacht Club at Portofino?

The quick answer is that you are allowed to rent short term in the Portofino Yacht Club. However “short term” means 1-month minimum and you need a license from the city of Miami Beach. So is this “short term” policy an asset for the condo or a drawback? The opponents of the “short term” vacation condo claim that allowing fewer restrictions on the term of the lease does increase the turnover of vacationers which as a consequence increases the possibility of…...

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May 14

BREAKING NEWS: Portofino Yacht Club owners – Great time to sell !

If you own a 1 or 2 bedrooms unit facing the bay at the Yacht Club at Portofino, it is a great time to consider selling your unit. The units facing the bay are the even condos ending by an 02/04/06/08/10/12. So why is it a good time to sell your condo at the Portofino Yacht Club? Because the inventory is low and the last sales of bayfront units were at a high price. Let’s first look at the last sales.…...

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May 08

Lobby remodeling Phase 1 of the Yacht Club at Portofino starting in 1 month !

We officially received a notice saying that the lobby remodeling will start Phase 1 in less than 1 month on June 3rd. Phase 1 means the commercial spaces located to the left of the lobby are going to be remodeled. Once that phase is over they will close the actual lobby to start Phase 2. The supermarket is going to get a new facelift and our offices are also going to be remodeled. The flooring will be the same as the…...

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