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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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Apr 30

Portofino Yacht Club sales in First quarter of 2019

First of all the good news is that sales at the Portofino Yacht Club are in line with last year. As of April 30th, there have been 10 sales in the building and in 2018 that number was exactly the same. By the way, this is a record because none of the other buildings in the South of Fifth neighborhood have experienced so many sales. The Murano Grande and the Icon have seen 1 sale in their building since the beginning…...

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Apr 24

A day in the life of a Miami resident living at the Portofino Yacht Club condo- in the best neighborhood in South beach

Today I decided to follow one of my friends who lives part-time in the Yacht Club at Portofino. I could have talked about my life since I own also a condo in this building but since I work all the time it wouldn’t have been representative of the quality of life the majority of residents indulge in. 7 am: breakfast on the balcony overlooking the South Pointe Marina. My friend has a 1 bed which faces the bay so it has…...

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Apr 12

Lobby remodeling update – Portofino Yacht Club condo

Yesterday was election day at the Yacht Club at Portofino and 137 ballots were received so thank you for being so involved in the community. The same board was elected which is good because they started all the major projects so we need continuity to make sure everything is well under control. Just as a reminder the president is Roger Van Dyke, the vice president is Mitchell Banchik, the treasurer is Gerald Rosen, the director is Michael Steines and the secretary…...

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Apr 09

Portofino Yacht Club condo units update

The Yacht Club at Portofino’s real estate market has been very productive last month. #2609 sold for $640,000, #1206 sold for $490,000 #505 for $400,000 #203, #2709, #2802, #301, #1504 are all under contract and will be this month. My advice is that if you are looking to sell your condo at the Yacht Club at Portofino you should do it very soon before the summer starts. If you are looking to buy in the building then I would tell you…...

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Feb 22

Under contract! – Portofino Yacht Club condo

Great real estate week since I got #2609 and #2612 under contract. I know that #1504 and #309 are also under contract. Things are moving down here! Next month I’ll tell you the closing price. The lobby project of the Portofino Yacht Club is getting closer. The demolition permit will be approved in 2/3 weeks so they can start checking what’s behind the walls and avoid surprises. At this point they are looking to get bids from 3 different contractors but…...

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Feb 12

OPEN HOUSE at the Portofino Yacht Club condo

OPEN HOUSE on February 23rd from 12pm-3pm. Come visit all our listings in the Yacht Club at Portofino. The new headlights tags to exit and enter the garage are in full use now. You can remove your old barcode now. Voting certificates have just been received so if you want to become a board member it’s now or never! Elections are Thursday, April 11th at 6 pm, send in your resume to the management office today. I just listed the only…...

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Jan 29

Deal at the Portofino Yacht Club condo

This is the best deal in the Yacht Club at Portofino #2609 reduced to $680,000. Not remodeled but great price and awesome views of the ocean. Flat 6 just sold for $750,000 which is a great price since it wasn’t remodeled. The flats are the units right under the pool with a gorgeous view of the marina. It feels like you are in a boat. The barcode project has started in the Portofino Yacht Club. No need to do anything since…...

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Condoideas Realty Group

90 Alton Road, STE 101, Miami Beach, FL 33139

Office phone: 305 428 2439

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