The glamour of a bygone era is brilliantly recaptured and reinvented following a one billion dollar renovation and expansion at the famed Fontainebleau in Miami Beach. The legacy of the legendary Miami Beach Hotel icon continues, together with two new towers, the Fontainebleau II and the Fontainebleau III Ocean Club that eloquently depict today’s modern luxuries.
Fully decorated and exquisitely furnished, interiors include Jerusalem stone floors, natural Berber carpet, plush and comfortable furniture, King size bed, sleeper sofa, marble baths, high definition Flat screen TV’s, high speed wireless internet access, and refined accessories. Kitchens are complete with granite counter tops, high end appliances, and washer/dryer in one bedroom suites. Oceanfront and city views are stunning, among the finest along Millionaire’s Row in Miami Beach.
Just an elevator ride away, the exclusive resort amenities and recreational features of the famous Fontainebleau’s 22 acre, oceanfront paradise are for you and your guests to enjoy. The 22 acres of resort amenities include 7 swimming pools, private owners lounge with daily free continental breakfast, 2 level 40,000 square foot Spa, 8 award winning restaurants, 3 nightclubs/lounges, numerous shops, relaxing white sands beach, oceanfront bar, room service, valet parking, 24 hour security, housekeeping, and a fully staffed lobby to see to your every need. The exclusive Bal Harbour Mall with the finest designer shops are just minutes away, as is the colorful, lively bustle of South Beach.
In addition to the benefits of the luxury Fontainebleau lifestyle you can enjoy as a full time resident, you can also utilize the highly successful, Hilton managed, optional hotel rental program on a full or part time basis. From the owner flexibility and income producing element, ideal oceanfront location, first class resort amenities, to the superb renovation that once again put the Fontainebleau in the spotlight, the Fontainebleau III Ocean Club has it all.
Fontainebleau II Rental Management Program Highlights:
Policies: There are no restrictions on an owner's occupancy of a unit. You may use the unit whenever you like, and for as long as you like, including as a permanent home/address.
Owners are eligible for the Hilton's Rental Management Program, as long as they purchase their units furnished in accordance with the approved furniture package, and provided they enter into a one-year, perpetually renewable agreement/contract with the Hilton, which can be cancelled with 60 days notification.
Owners are not required to sign up for the Hilton's Rental Management Program, if they elect not to rent, or wish to rent their unit through another broker or real estate management company.
Fees: Monthly Maintenance Fee includes: electric, water, cable, concierge services, valet parking [one car per unit], spa membership, owners' lounge access, daily continental breakfast and appetizers, and all grounds services and recreational amenities.
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 owner and hotel operator, with 3% of owner's portion set aside for reserves and replacements.
Monthly Maintenance Fee includes: electric, water, cable, concierge services, valet parking [one car per unit], spa membership, owners' lounge access, daily continental breakfast and appetizers, and all grounds services and recreational amenities.
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