Yacht Club at Portofino condo

The Yacht Club at Portofino provides full-service condo living in one of South Beach's best-priced luxury properties. Not that any compromises have been made.

Start with the enviable location on Biscayne Bay at South Beach's famed South Pointe. The prime location not only affords spectacular views from just about any unit. You are within steps of famous restaurants such as Smith and Wollensky's, Joe's Stone Crab and Prime 112.

The Yacht Club South Beach is a project of the Related Group of Florida. It rises a mere 14 stories above the bay. Condos ' with one, two or three bedrooms ' have water views. Residences range in size from 740 to 1,500 square feet. Kitchens feature a breakfast bar, and master baths boast oversize tubs. Many owners avail themselves of the modest rental policy that allows for seasonal rental when units are not otherwise in use.

The nearby Miami Beach Marina is the source of endless fascination, whether enjoyed from the privacy of your unit or from the gracious poolside sundeck. Worship the sun there or work out in the well-equipped fitness center. Or hit a few sets on the tennis court. A business center meets communication needs, and the entertainment room is fitted with a theater and television. Security need not enter your mind as the Yacht club provides a 24-hour manned gatehouse.

As your island oasis on this famed island resort, The Yacht Club condominium meets all your needs.

If you are looking for more condo options in the South of Fifth neighborhood, you should check out The Murano Grande and The South Pointe Tower .

Today's condo deals at The Yacht Club at Portofino condo in South Beach:

The Yacht Club at Portofino has two units currently under contract. One is a 2-bedroom unit facing east and the other one is a 1 bed facing the bay. We are happy to announce we are representing both buyers. With a listing price of $699,000 this condo is a great deal and we hope we can disclose the closing details pretty soon. The past month the Yacht Club had 2 closed sales. Firstly, unit #1606 listed at $579,000 got sold at $550,000. We represented the seller, and we know the buyers must be really happy with this completely remodeled Bayfront unit. The other unit that got sold last month was the one next door, unit #1608 listed at $545,000 which got sold at $525,000.

If you want to buy a 1-bedroom unit at the Yacht Club at Portofino Condo, you should have a look at unit #1105 listed at $460,000 or $621/sqft. Being the only remodeled 1/1 in the building, this condo comes with new flooring, an updated kitchen with new countertops and backsplash, and a renovated bathroom. It has been on the market for only a month, and since then the price has remained the same.

If you are looking for a bigger unit, the best deal is the lowest-priced unit #1103 which has a competitive price of $630,000, this unit has new kitchen cabinetry, new appliances, tinted windows, and more. It has been on the market for almost 2 months and since then the price hasn’t been modified. It has views of the city and the ocean enjoyable from the private balcony.

If you want to buy a 2-bedroom unit facing the bay, you should go for unit #3110 listed at $899,000 or $824/sqft. It has been on the market for 6 months already, and since then the price has been reduced by 5.2%.