The Elser Hotel & Residences, Downtown Miami – Approved for Short Term Rentals, Toronto, Ontario Toronto ON CA

CAD 1,780,920
For Sale

Property Details

Bedrooms

2

Bathrooms

2

Neighborhood

Bay Street Corridor

Property Type

Residential

Description

**THIS LISTING IS LOCATED IN MIAMI, FLORIDA**\r\rINVEST IN A SUNNY WINTER GETAWAY\r\rTURNKEY, FULLY LICENSED FOR SHORT TERM RENTALS \r\rWith over 131 million people vacationing in Florida in 2019, South Florida is one of the most popular tourist destinations in the country. Owners will have the opportunity to rent their units through hospitality platforms.\r\r*****************************\r\rThe Elser is a collection of 646 Move in Ready, turnkey residences with spectacular views of Biscayne Bay.\r\rSTUDIOS STARTING FROM USD$706,860\r\rONE BED STARTING FROM USD$ 779,280\r\r2 BED STARTING FROM USD$1.5M\r\r3 BED STARTING FROM USD$1.6M\r\rLIMITED UNITS LEFT!\r\rInterested BUYERS & INVESTORS ONLY Call us now on +1 786 798 0531\r\r————————-\r\rAirbnb Hosts are taking advantage of the NEW Miami Condo Project outlined below!Here is why!\r\rHigher gross income potential:An investor with a short-term rental can easily adjust the rent price to meet the current market rate, helping to maximize the amount of gross rental income.Depending on local market demand and conditions, a short-term rental property may generate 2-3 times the amount of monthly rent compared to a long-term rental.Easier to keep maintained:Because a tenant only stays for a limited length of time, a short-term rental property can be easier to maintain. Homes can be thoroughly cleaned each time a tenant leaves, and inspected for any needed maintenance issues before a new tenant arrives.Increased flexibility:Some investors offer a short-term rental agreement to keep their options open if they are thinking about selling. \r\r————————\r\rGross Annual Revenue: Approx $420,000+ and up.\r\rLuxury Penthouses for Airbnb LUXE on the Miami River\r\rFully managed option OR you can Manage it yourself\r\rAround $1400+ Per night rates / Occupancy rate in Miami is approx 84% \r\rGross annual Revenue Approx $420,000+ and up.\r\rSchedule a 15 Minute Call to discuss all the Expenses \r\r20% deposit with Contract to Secure & Stage Payments\r\rSecure now and delivering in 2025\r\rSECURE NOW with 10% Down for Completion in 2024.\r\rPayment Plan\r\r10% Deposit at Contract\r\r10% Deposit 45 Days After contract\r\r10% Deposit at Groundbreaking\r\r10% Deposit 60 days After Groundbreaking\r\r10% at Top-off\r\rPlease note that this is a pre construction condo and will not be eligible for a 1031 exchange.\r\rLet’s discuss the the numbers on the Short Term Rental Income vs Your expenses\r\r————————-\r\r**This listing is for a three bedroom waterfront residence based on current inventory.\r\rPlease contact me to confirm availability for more units.\r\r—————————\r\rINVESTORS & BUYERS CONTACT ME!\r\rA popular developer is selling off Inventory of Brand new Condos in Downtown, Miami.\r\rThey are a selection of STUDIOS STARTING FROM USD$706,860 (CALL FOR ALL INVENTORY AVAILABLE) 1 & 2 beds also available.\r\rPreferred Financing available - 30% down and closing October/November.\r\rALREADY BUILT! All units Coming Fully Furnished and Finished. Move In ready! The building allows AIRBNB and Short term rentals.\r\rExpect 2X-3X higher returns that long term leases.\r\rFor viewings, more information or to secure one or more Condos, please contact us\r\rLOCATION LOCATION LOCATION!!\r\rThe building is positioned in the booming downtown Miami close to the FTX Arena, Miami’s premier venue for entertainment and conventions. Waldorf Astoria, Bayside Plaza Mall and many other amenities in the area!\r\rResidence Features:\r\rFully-furnished studios, 1, 2 and 3-bedroom residences \r\r9’2” ceiling height with floor-to-ceiling windows \r\rBalconies with stunning views of Biscayne Bay and Downtown Miami  \r\rPorcelain wood grain tile flooring throughout \r\rBuilt-in full-size washer and dryer (in select residences) \r\rEcobee smart thermostat \r\rSmart keyless entry \r\rCustom kitchen cabinetry by Italian design house, Italkraft \r\rQuartz kitchen countertops \r\rFrigidaire stainless-steel appliances including microwave, dishwasher, freestanding range oven and refrigerator\r\rGlass-enclosed showers \r\rCustom Italian vanities by Italkraft\r\rBuilding Features\r\r49-story tower located in Downtown Miami \r\rDesigned by internationally renowned architecture firm Sieger Suarez Architects\r\r646 luxury residences \r\rImmediate occupancy \r\rApproved for short term rentals \r\rOn-site hospitality management \r\rViews of the Miami skyline and unobstructed views of Biscayne Bay and the Atlantic Ocean\r\rModern residential lobby with 24/7 concierge \r\rElectric vehicle charging stations \r\rLatest smart building technology \r\rDestination controlled elevator dispatch \r\rSmart Package Lockers \r\rAmenities\r\rEnjoy access to an abundance of well-appointed amenities and direct proximity to world-class entertainment, arts, and dining.\r\rLobby with cocktail bar and restaurant by Jaguar Sun® \r\rOver 19,000 square foot double height amenity deck overlooking Downtown Miami and Biscayne Bay\r\rCurated art and green walls throughout all common areas \r\r132 ft resort-style pool with private lounge areas \r\r16 ft poolside screening LED wall \r\rLawn with Theater \r\rSky entertainment lounge & grilling terrace featuring eight grills \r\rTemperature controlled oversized swim spa \r\rOwners Lounge with catering kitchen \r\rTwo-level coworking lab featuring reservable conference rooms \r\rCoffee lounge by Cafe Domino® \r\rComplimentary WiFi in common areas\r\rFor viewings, more information or to secure one or more Condos, please contact us Find out more about this property. Request details here

Location

Address

Toronto, Ontario, Canada

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