Fontainebleau III Condos for Sale at Miami Beach

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Fontainebleau III

Address:	4391 Collins Avenue Miami Beach, FL 33140
Neighborhood:	Miami Beach
Location:	oceanfront
Year Built:	2007
Bedrooms:	0,1,2
Number of Units:	311 and 16 units are for sale
Price Range:	$849,000 to $14,500,000

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Fontainebleau III Building Description

The Fontainebleau III Ocean Club, a condo-hotel next to the popular Fontainebleau II and the world famous Fontainebleau Hilton. Together, the three will occupy more than 1,200 feet of beautiful, oceanfront land.

Fontainebleau 3 new tower will feature 311 distinctive residences with breathtaking views of the Atlantic Ocean, Miami Beach, facing multi-million dollar homes along famed Indian Creek, Biscayne Bay and the Miami skyline are the views from your terrace. And that the entire vibrant city you live in is yours to discover at your leisure.

Fontainebleau Resort

1,200 feet of white sand oceanfront beach
All sorts of water sports, from jet skiing to parasailing
18 acres of incomparable recreation
Family oriented water playground, featuring a sprawling octopus, a giant water slide, cabanas, and a supervised children's activity center
Private, adult outdoor swimming pool
Beachfront and poolside bar, raw bar and snack bar
Two lighted tennis courts, tennis pro and proshop
Variety of indoor and outdoor, casual and formal restaurants, serving breakfast, brunch, lunch, dinner, and latenight snacks, from traditional American fare to Continental and Japanese cuisine
Intimate lounges, friendly watering holes, live and lively entertainment, dining and dancing in the famous Club Tropigala
Shopping arcade for everything from sundries to antiques
lobby, 24hour with security and concierge

Fontainebleau III ‐ Residence Features

Designed by Susan Firestone Interiors, the firm that decorated the Venetian hotel in Las Vegas
All units fully furnished and fully accessorized
Plush and comfortable furniture
Refined interior design accessories
Designer carpeting and tile with Jerusalem stone floors and Marble baths with Granite countertops
Bar with stone facing
King sized beds
TV set, flatscreen
computer hookup
and much more

More information

Views: Ocean, Bay & City
Pets: Up to 2 domestic pets weighing a maximum of 90 lbs. each
Parking: Valet one car per unit
Rental Policy: See Fontainebleau 3 Rental Management Program for details
Architect: Nichols Brosch Sandoval & Associates, Inc.
Developer: Turnberry Associates and Alexander Muss & Sons

Fontainebleau III Rental Management Program

Revenue Splits

Revenue from each unit will be distributed from the daily room rates as follows: 10% off the top toward fees and commissions; 50/50 split of the remaining balance between you and the hotel operator, with 3% of your portion set aside for reserves and replacements.

Policies

There will be no restrictions on your occupancy. You may use your unit whenever you'd like and for as long as you'd like, subject to availability. Your unit, however, is intended for transient residential occupancy and cannot be a homestead/permanent residence. You are eligible for the Hilton's Rental Management Program, as long as you purchase your unit furnished in accordance with the approved furniture package, and provided you enter into a oneyear, perpetually renewable agreement/contract with the Hilton, which can be cancelled with 60 days notification. You are not required to sign up for the Hilton's Rental Management Program, if you elect not to rent, or wish to rent your unit through another broker or real estate management company. Hilton, the hotel operator, will set the daily room rental rate. As a point of reference, the current standard room rack rates at the Fontainebleau Hilton are $400/night for offseason and $600/night for prime season. For conciergeclass suites, average rate is $600/night offseason and $1,000/night prime season. Rental rates at Fontainebleau III are expected to be higher. Children under 18 free when occupying same room.

Fees
Monthly Maintenance Fee includes: electric, water, basic cable, concierge services, valet parking [one car per unit], membership to the future new Health Spa, owners' lounge access, and all grounds services and recreational amenities. You will be responsible for the upkeep costs of your unit, and the Hilton will coordinate that upkeep. Taxes are approximately 2% of the purchase price.

The Fontainebleau III is located at 4391 Collins Avenue Miami Beach, FL 33140 and it is offering 16 condos for sale with prices starting from $849,000 to $14,500,000. This buidling was built in 2007 and has apartments with 0,1,2 bedrooms. List of condos for sale here

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