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YACHT CLUB AT PORTOFINO

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Yatch club at Portofino

Welcome to the Yacht Club at Portofino in South Beach, a 34 story luxury high-rise with 361 total residences. This website is designed to be a comprehensive resource for anyone interested in buying, selling or renting a condo in the Yacht Club at Portofino.

The Yacht Club at Portofino offers affordable luxury condos in Miami Beach’s exclusive South of Fifth Street neighborhood, which is extremely desirable because of its close proximity to: (a) boat slips in the Miami Beach Marina; (b) world class dining and nightlife; (c) South Pointe Park; and (d) the beach. Scroll down to the bottom of this page to get a better idea of the Yacht Club at Portofino’s location relative to nearby attractions.

On premises, the Yacht Club at Portofino offers residents sweeping views of the Atlantic Ocean, Biscayne Bay, Downtown Miami and Miami Beach, as well as great amenities such as a resort-style pool, a tennis court, a gym overlooking the water, a convenience store and much more. Perhaps the most attractive feature of the Yacht Club at Portofino is its liberal rental policy: it is the only high-rise luxury condo building South of Fifth Street that allows seasonal vacation rentals. The minimum rental period in the Yacht Club at Portofino is only 30 days; whereas, all of the other buildings require leases to be a minimum of six months.

Whether you are looking for: (a) value, relative to the soaring prices in neighboring luxury condominiums (which were built during the infamous South Beach Luxury condo boom); (b) the opportunity to take advantage of lucrative short term rentals in Miami Beach; or (c) a great place to live during the winter, the Yacht Club at Portofino is for you.

Call today for a showing of the Yacht Club at Portofino South Beach and meet a member of our team at 90 Alton Road, Miami Beach, Florida 33139 to see this magnificent development for yourself. I look forward to hearing from you!

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south beach yacht club miami

Yacht Club apartments for sale and rent

Yacht Club apartments for sale and rent

  • 15 for Rent
  • Built in 1999
  • Seasonal Rentals Allowed
  • Rental Policy: Yearly 12 Months minimum, 2 times a year
  • Rental Policy: 4 times a Year, 3 Months minimum
  • Rental Policy: Allowed
  • Times per Year: 365 days
  • Min Rent: 365 days Yacht Club at Aventura Yacht Club at Aventura
  • Lease after Purchase: Okay To Lease
  • Pet Policy: Possible Restrictions

Apartment Mix in Yacht Club

Actual maintenance per unit may vary

Please note!!!

Seasonal rentals are possible at Yacht Club, however availability is limited. According to condominium policies the minimum rental period at Yacht Club is 3 Months. For stays of less than 6 months, please visit our list of Miami Condos that allow short term rentals.

7 of 360 for Sale (2%)

Avg. List Price

Avg. Price / SQ. FT.

Highest Priced

Avg. days on market

15 of 360 for Rent (4%)

Condos for sale.

from $779,000 to $12,000,000

Condos for Rent

from $3,900 to $8,500

Maintenance:

Units in Building:

Floors in Building:

Condo Sizes:

Yacht Club Condo, South Beach Real Estate, South of Fifth

The Yacht Club at Portofino is one of South Beach's best priced luxury buildings. It sits on Biscayne Bay at South Beach's famous South Pointe, and is a full-service luxury condo that makes an ideal place to live. The Yacht Club is a Related Group of Florida project, and one of the first of its South Beach condo projects. The views are stunning from just about any unit, and the condo is within walking distance of such famous restaurants as Prime 112, Joe's Stone Crab and Smith and Wollensky's. South of Fifth District .

  • 2-story lobby with unique waterfall fountain
  • 24-hour security
  • Secured parking garage
  • Heated Bayfront swimming pool
  • Fitness Center
  • Tennis court
  • Business center
  • Entertainment Room
  • Private terraces
  • High-speed Internet access
  • Views of Bay, Marina, Ocean, & city

For any questions about South Beach Real Estate contact Miami Residence Realty - South Beach Real Estate Agent . Call today 305-751-1000

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  • Yacht Club at Portofino

You are here: Home » South Florida Condos » Yacht Club at Portofino

Yacht Club at Portofino in South Beach is a full service condominium in the heart of the South of Fifth Street neighborhood in Miami Beach. The Yacht Club at Portofino is located on Alton Road and directly on Biscayne Bay with units either looking over South Beach and towards the ocean or looking West towards Downtown Miami and looking over Biscayne Bay.

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Featured South Beach Condos: Apogee South Beach Continuum South Beach Murano Grande Murano at Portofino ICON South Beach Il Villaggio

Yacht Club at Portofino Condos Available for Sale :

Yacht club at portofino condos sold recently:, yacht club at portofino condos available for lease:, new / pre-construction.

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Yacht Club At Portofino Condos For Sale & Rent

90 alton rd, miami beach, fl 33139, overview of yacht club at portofino.

Yacht Club at Portofino stands as a symbol of ultra-luxury in the esteemed South of the Fifth neighborhood of Miami Beach. Developed by The Related Group in 1999, this 34-story condominium comprises 361 residential units, offering a mix of penthouses, one-bedroom, and two-bedroom options.

Architectural Features and Residential Options

Spanning sizes from 740 to 1,110 square feet, Yacht Club at Portofino caters to diverse preferences. The building's architecture emphasizes luxury and maximizes ocean views. Its unique offering includes a liberal rental policy, distinguishing it as an attractive investment opportunity in South Beach.

Exclusive Amenities and Services

Yacht Club at Portofino offers an array of premium amenities for its residents. These include a resort-style elevated pool with a sun deck, direct access to the Miami Beach Marina, a waterfront state-of-the-art fitness center, a two-story marble and wood lobby, a tennis court, a barbecue grilling station, an entertainment room with a theater, an onsite convenience store and hair salon, 24-hour security, covered parking, high-speed internet, and full-service valet and concierge services.

Prime Location in South Beach

Located at 90 Alton Road, Miami Beach, Florida 33139, Yacht Club at Portofino occupies a prime spot in the heart of Miami Beach's vibrant culture and nightlife. It is strategically positioned north of Murano at Portofino and south of the Murano Grande , offering easy access to top restaurants, world-class shops, South Pointe Park, and is just minutes from the Miami International Airport.

Yacht Club at Portofino offers luxury living at competitive rates in Miami Beach. It's an attractive option for those seeking a combination of luxury, ideal location, and investment potential.

Yacht Club at Portofino Miami Beach

Map view

  • click to live map
  • Condos for sale
  • Condos for rent
  • Name Yacht Club at Portofino
  • Number Bedrooms 1 to 2 beds
  • Number Floors 33
  • Number Units 363
  • Condo Floor Plans 740 SF to 1,980 SF
  • Governing Body Condo Association
  • Construction Type (CBS) structure
  • Presented By Daniel Hornek PA
  • Real Estate Office Compass Real Estate
  • Neighborhood South Beach

DESCRIPTION

The Yacht Club at Portofino Condominium is one of South Beach’s best priced luxury buildings. It sits on Biscayne Bay at South Beach’s famous South Pointe, and is a full-service luxury condo that makes an ideal place to live. It also has a somewhat-modest rental policy, many buyers choose to rent out their units seasonally, when not in use. As you enter the building, you’ll see the dramatic 2-story marble and wood lobby, the unique translucent waterfall fountain captures you. This luxury condominium offers one, two, and three unit floor plans all pre-wired for high-speed Internet access. Magnificent views of the Bay, Ocean, marina, and city can be enjoyed from private terraces. Enjoy gourmet kitchens with European style cabinetry and spacious master bedrooms with walk-in closets.

Residents can step outside of and take a brisk walk to gourmet South Beach restaurants such as Joe’s Stone Crab, Prime One Twelve, and Smith and Wollensky. Building residents will also enjoy the sizzling South Beach nightlife, shopping on Lincoln Road and Collins Avenue, and the beautiful blue waters of the Atlantic Ocean. The Yacht Club at Portofino features an colossal pool and sundeck overlooking the Miami Beach Marina and its array of multi-million dollar yachts, fully equipped fitness and business centers, entertainment room for private parties with a theater and television, tennis court and 24-hour security. A dramatic main lobby with a unique translucent waterfall, private porte cochere entrance and assigned covered parking for each resident.

Architect: Cohen, Friedman, Encinosa Views: Bayfront and City

Yacht Club condo amenities:  2-story lobby with unique waterfall fountain, 24-hour security, Valet, Secured parking garage, Heated Bayfront swimming pool, Jacuzzi, Sundeck, Fitness Center, Tennis court, Business center, Entertainment Room

Available below are Yacht Club at Portofino condos for sale and rent with additional info such as: units floor plan size, photos, condo association fees, recently rented and sold (within the past three years), pending sales and rentals at the building and much more. If you will like any other information, speak with one of our professional agents at our real estate office.

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6 Bedroom Condos For Sale at Yacht Club at Portofino Miami Beach

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Yacht Club at Portofino, Miami Beach Condos

Located in the most desirable area of South Beach is a luxurious condominium complex known as Yacht Club at Portofino. Located just south of 5th Avenue on South Point in Miami Beach, the Yacht Club at Portofino offers a life filled with luxury and adventure. Amble into the spectacular lobby area of the Yacht Club at Portofino to be greeted by a two story wood and marble entryway with uniformed reception and a stunning cascading waterfall feature. Constructed in 1999, the Yacht Club at Portofino was designed by famed architects Cohen, Friedman, and Encinosa. There are 362 luxury condominium residences in Yacht Club at Portofino spread over 34 floors and ranging in size from 750 square feet to 1,200 square feet. Buyer can choose to purchase a one bedroom condominium or a unit that has two oversized luxury main bedroom suites. When not in use, many homeowners in the Yacht Club at Portofino choose to rent out their beautiful condominiums for the season. The Yacht Club at Portofino is the only luxury condominium in the area that allows seasonal renters making it a desirable purchase for both homeowners and investors alike. Each condominium unit in the Yacht Club at Portofino has its own secure covered parking spot and oversized storage area.

Yacht Club at Portofino Condos For Sale

90 Alton Rd #707, Miami Beach, FL 33139 - Condo in Yacht Club at Portofino

$779,000

90 Alton Rd #2904, Miami Beach, FL 33139 - Condo in Yacht Club at Portofino

$1,550,000

90 Alton Rd #TH4, Miami Beach, FL 33139 - Condo in Yacht Club at Portofino

$12,000,000

90 Alton Rd #2806, Miami Beach, FL 33139 - Condo in Yacht Club at Portofino

$949,000

90 Alton Rd #3205, Miami Beach, FL 33139 - Condo in Yacht Club at Portofino

$849,000

90 Alton Rd #2503, Miami Beach, FL 33139 - Condo in Yacht Club at Portofino

$1,349,000

90 Alton Rd #1109, Miami Beach, FL 33139 - Condo in Yacht Club at Portofino

$1,225,000

$1,260,000

90 Alton Rd #704, Miami Beach, FL 33139 - Condo in Yacht Club at Portofino

$1,399,999

$1,490,000

Other Communities in South Point

Yacht club at portofino, miami beach.

The listing data on this website comes in part from a cooperative data exchange program of the multiple listing service (MLS) or additional real estate data sources in which this real estate Broker participates. The listings displayed may not be all of the listings in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program and properties that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS. The detailed listing page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate, so you are advised to verify facts that are important to you and no warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. BEX Realty is an equal housing opportunity real estate broker. Please contact us if you cannot properly experience this site. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all activity in the market. BEX Realty is not a mortgage lender or insurance provider. Participating partners may compensate BEX Realty for any consumer information provided on this site.

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The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. MLS ID: A11515439

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The Yacht Club at Portfino Miami Beach FL - Photo 2

The Yacht Club at Portfino

The Yacht Club at Portfino Miami Beach FL

Discover Condo Living in Miami Beach

Nestled on South Beach's coveted South Pointe, the Yacht Club at Portofino is one of the original condominium projects in the area, making it one of the most desired locations. This full-service luxury tower is just steps away from the most popular eateries and nightlife hotspots of SoFi.

  • 1 - 2 bedroom floor plans Private terraces High-speed Internet access Views of Bay
  • & city Gourmet kitchen with European style cabinetry Spacious master bedroom Walk-in closet in master bedroom

Yacht Club at Portofino Unit A (2/2)

Yacht Club at Portofino Unit B (2/2)

Yacht Club at Portofino Unit C (1/1)

Yacht Club at Portofino Unit D (1/1)

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Dream Life Miami

A Guide to Miami's Best Yacht Clubs

If you're an avid boater or simply love the sea, Miami's vibrant yacht club scene is a must-see. With so many options to choose from, it can be challenging to know where to begin your search. That's where we come in. Our guide will take you on a journey through Miami's best yacht clubs, highlighting their unique features and amenities. Whether you're interested in luxury marina facilities, sailing instruction, or social events, we've got you covered. So, join us as we explore the top yacht clubs in Miami, including the prestigious Marina Palms Yacht Club, and discover the perfect spot to make memories on the water.

Miami Beach Marina

Miami Beach Marina is a must-visit destination for anyone who wants to experience the vibrant energy of South Beach. This marina is the largest in the area with 400 slips, making it an ideal spot for boaters of all kinds. It is the perfect destination to create unforgettable memories on the water. With exceptional amenities and services, you'll find everything you need for your yacht to dock securely or to rent a boat for an adventure-packed day.

Miami Beach Marina is dedicated to providing the ultimate aquatic experience for all water enthusiasts, making your time on the water an unforgettable one. Its location in the heart of South Beach offers easy access to some of the best restaurants, shopping, and nightlife that Miami has to offer. From fine dining to upscale shopping to world-renowned clubs, Miami Beach Marina is the perfect place to start your South Beach adventure.

With its prime location, Miami Beach Marina offers more than just a boating experience. It's a hub of activity that provides endless options for entertainment, both on and off the water. You can rent a yacht, go fishing, or take a jet ski out for a spin. After a day on the water, head to one of the many restaurants or bars located within walking distance of the marina. With its lively atmosphere and picturesque views, Miami Beach Marina is an essential destination for anyone visiting Miami.

Fisher Island Club

The Fisher Island Club is a one-of-a-kind yacht club situated on a private island just off the coast of Miami. Accessible only by ferry or private boat, this exclusive club offers a luxurious retreat from the hustle and bustle of the city. The island is home to a world-class golf course that has been ranked as one of the best in the country, providing avid golfers with a challenging and scenic course to play on. Tennis enthusiasts will also appreciate the club's state-of-the-art tennis courts, which offer a variety of playing surfaces and the latest equipment.

For those who love to relax by the sea, Fisher Island Club also boasts a private beach with pristine sand and crystal-clear waters. This tranquil setting is perfect for soaking up the sun, enjoying water sports, or simply taking a refreshing swim. As a member of the Fisher Island Club, you'll have access to all these exclusive amenities, ensuring a serene and luxurious experience. If you're seeking privacy, exclusivity, and top-notch facilities, the Fisher Island Club is the ultimate yacht club for you.

Island Gardens Deep Harbour

Island Gardens Deep Harbour is a luxurious yacht club located on Watson Island, known for its upscale lifestyle and stunning views of the Miami skyline. This marina is a favorite among those who appreciate the finer things in life, with its location surrounded by some of the most exclusive hotels, restaurants, and shopping destinations in the city. Boasting the ability to accommodate yachts up to 550 feet long, Island Gardens Deep Harbour is the perfect destination for those who want to dock their yachts in a lavish and sophisticated environment.

One of the highlights of Island Gardens Deep Harbour is the breathtaking view of the Miami skyline. The marina's location provides a panoramic view of the city's stunning skyscrapers, especially when the sun sets and the city lights up. This picturesque backdrop is perfect for capturing memorable photos and creating unforgettable moments. The marina is equipped with state-of-the-art facilities and services to meet the needs of every yacht owner. Island Gardens Deep Harbour is the epitome of luxury and sophistication. From world-class dining to exclusive shopping and top-of-the-line amenities, this destination has everything you need to satisfy your desires for opulence. Discover the ultimate destination for luxury and immerse yourself in the lavishness of Island Gardens Deep Harbour.

Marina Palms Yacht Club

The Marina Palms Yacht Club is a hidden gem located in North Miami Beach that many locals consider one of the best yacht clubs in Miami. This marina is situated on the Intracoastal Waterway, providing boaters with easy access to the ocean and some of the best water activities Miami has to offer. The marina can accommodate boats up to 100 feet long and offers a variety of amenities to make the experience unforgettable. These include a fully equipped fitness center, a spacious club room, and an infinity pool that overlooks the waterway, providing a breathtaking view that's perfect for relaxation.

What makes Marina Palms Yacht Club stand out is its location. The marina is situated close to some of Miami's top-rated restaurants, bars, and shopping destinations, giving members easy access to everything Miami has to offer. From fresh seafood to fine dining, there's something for everyone in the area. The marina's convenient location makes it the perfect destination for a night out on the town, where you can explore the vibrant Miami nightlife scene.

Miami has a yacht club to suit every style and preference, ensuring that you'll find the perfect fit for your aquatic adventures. So why not take the plunge and explore all that Miami has to offer? For those seeking a top-notch marina experience, Marina Palms Yacht Club is an excellent choice that won't disappoint. With its exceptional offerings and services, Marina Palms Yacht Club guarantees a memorable experience that will leave you longing for more. So, come and discover the wonders of Miami's yacht clubs, and elevate your nautical experience to new heights! 

Elevate Your Experience with Luxury Yacht Rental & Waterfront Dining

Elevate Your Experience with Luxury Yacht Rental & Waterfront Dining

Exploring Miami Yacht Rental Versus Cruise Ships

Exploring Miami Yacht Rental Versus Cruise Ships

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M2 Miami Grand Opening Week With Carl Cox

The best clubs in South Beach to party all night long

It's not all bass and bottle service. It's also that, too. From mega clubs to sultry lounges, Miami Beach has it all.

Plenty of coastal cities around the globe have gorgeous beaches, fantastic restaurants  and museums  worth visiting – but we can guarantee that none do nightlife like Miami does nightlife. From massive venues that give Vegas a run for its money to underground dance dens that offer a more intimate and curated sounds, South Beach has enough to keep your shoulders swaying and asses shaking from 10pm all the way until 5am. South Beach's club scene has been in a bit of a flux over the past few years, with the pandemic putting a strain on longtime institutions, South Beach commissioners striking down on alcohol sales and locals sticking to the mainland to get their party fix on. But you just wait: we're on the precipice of a new era of nightlife in South Beach, and these clubs are helping to usher that in. 

RECOMMENDED: Best things to do in South Beach RECOMMENDED: Best clubs in Miami

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Best clubs in Miami Beach

M2

1.  M2

After an eight-year disco nap, the 35,000-square-foot South Beach club previously known as Mansion has reopened as M2, with a multi-million dollar facelift and the help of homegrown, global EDM powerhouse, Ultra Worldwide. Love hard-hitting techno? Look out for events by Resistance, Ultra's underground festival branch. Love a good perreo ? Stay up late on Fridays for Bresh, their Latin American dance party. The venue touts a bleeding-edge centerpiece lighting system designed by the same folks behind Ultra’s mainstage and Megastructure, recreating the immersive Ibiza clubbing experience in the heart of Miami Beach's Art Deco Historic District

Do Not Sit On The Furniture

2.  Do Not Sit On The Furniture

  • South Beach
  • price 3 of 4

This cozy “boutique nightclub” owned by electronic DJ Behrouz hides in plain sight. Because of that, this place tends to put the music first and is a reliable choice for club veterans looking to dance without being shoved by bottle service servers and elbowed by drunk bros. Another big draw? It’s small enough to meet everyone inside on any given night, making it a breath of fresh air in Miami’s megaclub landscape.

Twist

3.  Twist

Twist is the iconic, quarter-century-old gay club that just won’t quit. Modern day South Beach nightlife started with the LGBTQ community so it’s fitting that this indulgent two-story disco remains one of the most popular clubs on the isle. It’s hot and sweaty and so fun. And, if nothing else, the shirtlessness of Twist will motivate you to start that diet.

LIV

4.  LIV

  • Miami Beach
  • price 4 of 4

While technically not within the geographical confines of South Beach, you can't talk about clubbing in Miami without mentioning LIV. These days, the legendary mega club continues to be packed with as many celebrities as average Joes. You might spend some serious cash but you also might trip and fall onto a Kardashian. No club—anywhere—books bigger names on a weekly basis than here. It would not be odd to see Travis Scott, Tiesto and Rick Roos all onstage on a Sunday night. 

Medium Cool

5.  Medium Cool

  • 4 out of 5 stars
  • Cocktail bars
  • price 2 of 4
  • Recommended

There's something to be said about a megaclub – and it's not, "Damn, the music was good and the martinis were great." You can, however, say that about Medium Cool. Tucked into the basement of the Gale Hotel, this lounge will have you grooving shoulder to shoulder with a confluence of posh Miami residents and in-the-know tourists. Local DJs spin an eclectic mix of house, disco, 80s and 90s, making it a great place to go if you want to mouth off lyrics, too. 

Hyde Beach

6.  Hyde Beach

If it’s a Vegas-style bash with bottle service and champagne showers you seek, stop by Hyde Beach. Known for its packed daytime pool parties, on weekends, the festivities continue well into the night, with hard-hitting performers gracing the deck, especially during special occasions like Swim Week and Music Week.

Basement

7.  Basement

Name another club where you can dance, ice skate and bowl. We’ll wait.  The slightly bizarre but never boring Basement—housed in the bottom of the Edition—feels hip in an effortless way that’s so rare in a city full of clubs screaming for your attention. While the lounge is open for private events, the music is always blasting at Basement Bowl & Skate, letting you dance on ice and groove down the lanes well into the night. 

Nikki Beach

8.  Nikki Beach

  • South of Fifth

Step one, take a club. Step two, put it on the beach. And that’s the simple yet efficient recipe for Nikki Beach. This place is the undisputed champ of day parties, with a crowd that prefers dancing in the sun at 2pm over a dark club at 2am. Speaking of day drinking: Ever wondered what would happen if brunch and a nightclub had a baby? Stop by Nikki Beach’s bumpin’ Sunday brunch and brace for costumed models and champagne sprayed over tables of pancakes and eggs.

Mango’s Tropical Café

9.  Mango’s Tropical Café

Oh, what fun! Mango’s promotes the side of Miami you see in movies—mojitos, salsa and half-naked dancers. And there’s nothing wrong with that. Lean into the kitsch at Ocean Drive’s most famous nightlife spot, keeping the torch of Latin music alive for more than 20 years. Decorated with tropical murals, the bar opens onto the street, making it feel like a party the moment you step in.

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Portofino Yacht Club Properties

Yacht club at portofino condos for sale.

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Yacht Club at Portofino, Unit #307

1 Bedroom and 1 Bath

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Yacht Club at Portofino, Unit #707

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Yacht Club at Portofino, Unit #607

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Yacht Club at Portofino, Unit #PH3205

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Yacht Club at Portofino, Unit #2806

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Yacht Club at Portofino, Unit #2503

2 Bedroom and 2 Bath

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Yacht Club at Portofino, Unit #704

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Yacht Club at Portofino, Unit #2904

Portofino yacht club statistics, yacht club at portofino purchase information, price range.

$405k - $7.9m

AVG Price Sqft for sale

Avg days on market, construction year, total building units, total building stories, yacht club at portofino, yacht club at portofino condo buying guide.

We invite you to join us into an unforgettable tour inside the Yacht Club at Portofino condo in South of Fifth , the most luxurious neighborhood in Miami Beach. Being the best-priced building in the entire area, the Portofino Yacht Club condo offers exclusive units for an affordable price. Investors looking to purchase in South Beach will be glad to buy a condo at the Portofino Yacht  Club.

This 34-story building developed by the renowned Florida Related Group features a total of 361 condos ranging from 1 to 3 bedrooms. With an indisputable ideal location, the Yacht Club at Portofino is just blocks away from the vibrant South Beach nightlife, dining experience, and exclusive shops and boutiques.

Buy at the Portofino Yacht Club condo and enjoy the gorgeous water views of the Miami Beach Marina, Biscayne Bay, and the Atlantic Ocean. Depending on each unit, there are skyline views of Downtown, Fisher Island and Miami Beach. Built in 1999, the amenities and style of the Yacht Club have definitely withstand the test of time

The Yacht Club at Portofino is designed to ensure all its residents are completely satisfied. Offering a wide selection of services and amenities, residents of the Yacht Club at Portofino have full access to an elevated pool deck on the 6th floor, expansive tennis court for family and friends, new barbeque equipment for grilling the best steaks, a convenient store, a hairdresser, waterfront fitness center and gym to work the sweats out, 24h valet and security service, concierge, access to the Miami Beach Marina , and more!

If you buy at the Yacht Club at Portofino , you will be sure that you are doing a safe investment. It is the only high-rise in the area that allows short-term rentals. Owners have a flexible rental policy that allows them to rent their unit for a minimum of 30-days when they are out of town. This makes it a perfect investment, that allows you to enjoy your residence and at the same time you get a profit out of it!

This condo is for everyone! If you are looking for price and quality, the Portofino Yacht Club is the best option for you! We want to be your best resource to understand the real estate offers at the Yacht Club at Portofino, so come visit Condoideas Realty Group in the lobby, we are the top sales team in the Portofino Yacht Club since 2010! We will be happy to explain to you in detail what is happening on the market.

Building Amenities

Pool and sun deck overlooking the Miami Beach Marina

Jacuzzi spa

Fitness center

Business center

Entertainment room for parties with a theater and television

Tennis court

24-hour security

Porte cochere entrance

Other Building Info

Ocean, City and Bay

2 pets maximum per residence. 50 LBS weight limit

Assigned covered parking for each unit

Rental Policy

Minimum 30 days

The Related Group

Latest Yacht Club at Portofino news

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Building upgrades

Welcome to the latest update in The Yacht Club at Portofino! You can find the newest information regarding the building...

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Yacht Club

Yacht Club Building

Welcome to the Yacht Club Building, a luxurious waterfront property located in the heart of Miami. This stunning building offers a range of exquisite residences for sale and rent, providing an unparalleled living experience for those seeking the ultimate Miami lifestyle.

Yacht Club Amenities & Facilities

At the Yacht Club, residents enjoy access to a wide array of world-class amenities and facilities. From the moment you step foot in the building, you’ll be greeted by a grand lobby with attentive concierge services available 24/7. Take advantage of the state-of-the-art fitness center, relax by the sparkling swimming pool, or unwind in the sauna and steam rooms.

For those who love to entertain, the Yacht Club offers a beautifully designed party room and a fully equipped business center. Additionally, residents have access to private parking, ensuring convenience and peace of mind.

Around Yacht Club

Located in the vibrant neighborhood of Miami, the Yacht Club is surrounded by an abundance of attractions and conveniences. Indulge in the city’s finest dining, shopping, and entertainment options, all just moments away from your doorstep. With its prime waterfront location, residents can also enjoy breathtaking views of the bay and easy access to various water activities.

Furthermore, the Yacht Club is conveniently situated near major highways, making it effortless to explore other parts of Miami and beyond. Whether you’re looking for a night out in South Beach or a day trip to the Everglades, everything is within reach.

Why Yacht Club

Choosing the Yacht Club as your new home means embracing a lifestyle of luxury, convenience, and sophistication. With its exceptional amenities, prime location, and stunning residences, this building offers the perfect blend of comfort and elegance. Whether you’re looking to buy or rent, the Yacht Club provides an unparalleled living experience in the heart of Miami.

Don’t miss out on the opportunity to be a part of this exclusive community. Contact us today to learn more about the available properties at the Yacht Club and start living your Miami dream.

Yacht Club amenities and building features

  • Electronic key elevator, property, and amenity access
  • Front Desk Services
  • Business Development Center
  • Breakfast bar
  • Washer and dryer in unit
  • Room service round the clock
  • Porte-cochere entrance
  • 24hr valet/24hr Security
  • Internet access
  • Pool and Jacuzzi
  • Tennis court
  • Gym-Fitness center
  • Entertainment room
  • Walk-in closets
  • European-style cabinets
  • Oversize tub
  • Ceramic Tile
  • In house maintaining 24 hours a day

Yacht Club residence features

  • Well-equipped European standard kitchens
  • Large guest rooms
  • Beautiful fountain
  • Glass enclosed showers
  • Build in wine cooler
  • Cappuccino maker
  • Big bedrooms with spaced balconies
  • Floor to ceiling glass windows
  • High definition appliances
  • Fast elevators
  • Lounge rooms
  • High ceilings
  • Extra and private storage rooms
  • Resident security cameras

Other features

Marina features.

  • New 50-ton Travel Lift and 20-ton Hydraulic Trailer
  • Security door
  • Additional 35-ton Travel Lift, 8-ton Mast Crane and 5-ton Fork Lift
  • Vending machines
  • Transient docking accessible
  • Wi-Fi Internet
  • Free stopping
  • A General Store

Nearby Features

  • To the southeast, you find South Park Pointe
  • Close to shops
  • To the east, you find Ocean Drive and Lummus Park
  • Well-equipped gym with fitness instructor
  • 5th street is just close by
  • Outdoor whirlpool
  • To the west you find MacArthur
  • Jogging and biking paths close by
  • Far west is the Famous Miami beach
  • Close to banks
  • ATMs are all over the neighborhood
  • Close to the airport

Yacht Club Condos for Sale

  • 5 x 1 bedroom condos: $750k - 949k
  • 3 x 2 bedroom condos: $1.3m - 1.6m

Yacht Club Condos for Rent

  • 3 x 1 bedroom condos: $4k - 5k
  • 9 x 2 bedroom condos: $5.3k - 8.5k
  • 1 x 3 bedroom condos: $7k

Yacht Club Location

  • 90 Alton RoadMiami Beach, FL 33139

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south beach yacht club miami

Miami Yacht Club

Home of sailing champions.

Founded in 1927 as the Southern Florida Boat Racing Association, the focus was primarily on sailing and racing. Several years later, the Association became the Miami Yacht Club and moved to our current location on Watson Island between the City of Miami and Miami Beach.

Conveniently located.

Miami Yacht Club is found on Watson’s Island which is conveniently located near Downtown Miami, Edgewater, Brickell, and South Beach.

Learn More About Our Club

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On the Water

Private events.

Whether it’s an intimate family gathering or large corporate function, Miami Yacht Club is the perfect place to host your next event.

Ape Yacht Charters

South Beach Yacht Rentals and Charters ​

When someone thinks of Miami, one of the first places that they think of is South Beach. South Beach is a prime party destination, but what makes it unique from other locations in South Florida and the United States is the fact that it is a stone’s throw away from unique water sports and activities. As one of the top Miami yacht charter providers available, we have a deep understanding of what makes South Beach a unique place for yacht charters or watersports. Below, Ape Yacht Charters explains what makes South Beach yacht rentals unique for tourists and residents alike. 

Aerial view of South Beach

South Beach Charters on the Water

South Beach yacht rentals and charters give tourists and visitors a unique and privileged experience on the water. We offer a collection of different activities, including snorkeling, kayak rentals, and jet ski rentals. While someone could easily do these activities somewhere else in the United States, they are not nearly the same as participating in them in Miami Beach.

Miami Beach and South Beach provide some of the most picturesque and scenic views of the Magic City that you could imagine. Also, the weather is some of the best for water activities since it is usually always warm in this area. For those that are interested in wildlife, Ape Yachts also works to give our visitors access to it. 

South Beach Boat Charters

South Beach boat charters are some of the most popular attractions for people visiting South Beach because there are few places as good for enjoying the sunshine as Miami Beach or South Beach. Miami Beach and South Beach are two of the most visited places for people that want to enjoy parties and other events.

We are one of the few yacht chartering companies that offer special events for our guests like corporate events, weddings, bachelor parties, and other kinds of yacht parties. If you are interested in these other kinds of South Florida yacht charters, we are happy to help you today. There are few better ways to network or enjoy time with family and friends than aboard a boat. 

Learn More About Our Boat Charters in Miami Beach

Our South Beach yacht rentals are surely one of the best options for visitors and residents of the Miami area. Even though we are surely happy to offer our services in the Miami Beach area, we also offer similar services and excursions around the rest of South Florida. Aside from what we have to offer in Miami Beach and South Beach, we could also give you assistance with Key Biscayne jet ski rental , Fort Lauderdale scuba diving, Key Biscayne scuba diving , and Hallandale jet ski rental, among many others. Contact us today to learn more. 

“Ape Yacht Charters has an amazing team of hard working professionals. It has been a pleasure to work with them.”

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Emily Davis

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Your Luxurious Journey Awaits

Our expert team is at your disposal to find your next boat or assist in renting yours out. Our mission is to help you sail your dream vacation and make your yacht charter experience exceptional.

Ape Yacht Charters

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South beach yacht tours.

Planning a corporate event or your friends are having a party, South Beach Yacht Rentals offers the Best in Luxury South Beach Yacht Tours.

Sobe Party Yacht Rentals

We have the finest boats for charter with captain and crew and cabins for day & overnight cruises. Cruise to Bayside, Sandbar, & Biscayne Bay.

Caribbean & Bahamas

Private Crewed Luxury Yacht Charters to the Bahamas from Miami Beach Florida. Cruise to Bimini, Exumas Islands, Cuba, & The Florida Keys.

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Miami Beach Luxury Boat Charters

Rent a luxury private yacht from South Beach Yacht Rentals fleet of beautiful ships. We have 45 footers to over 120 footers. Contact us for the best rates in South Beach for boat charters. Our crew will help plan the best private luxury yacht charter to the destination of your choice. Weather you want to rent a yacht for the day or want to cruise to the Bahamas, The Florida Keys, Bimini, Nassau, Virgin Islands, Cuba, And Most Parts of The Caribbean Sea.

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David and Victoria Beckham get cozy heading to new $20M yacht with family in Miami

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David Beckham and Victoria Beckham enjoyed a glamorous family outing Wednesday aboard a multimillion-dollar mega-yacht in Miami.

The couple — who has a reported combined net worth of $514 million — was photographed riding a dinghy with their four kids , sons Brooklyn, 25, Romeo, 21, and Cruz, 19, and daughter Harper, 12, as well as their daughter-in-law, Nicola Peltz.

They were all dressed casually, with David, 48, and Victoria, 49, strategically shielding themselves from the hot sun under stylish hats as they made their way onto the larger boat.

David Beckham and Victoria Beckham on a boat.

The massive silver vessel — which is a Riva 130 Bellissima Yacht — measures close to 40 meters and 130 feet, and was built at the company’s La Spezia shipyard in Italy.

It accommodates up to 10 guests in five suites, which is plenty of room for the entire Beckham clan.

Officina Italiana Design worked on the interior, and its features include a beach club, WiFi and air conditioning.

We’re told David and Beckham own the lavish boat which boasts a $20 million price tag and is personalized with the word “Seven” — Harper’s middle name — written across it. The pair previously had a smaller Riva Argo 90 , which cost $6.5 million.

The Riva 130 Bellissima Yacht.

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The Beckhams have been spending the majority of their time in Miami since February 2014 when David was offered an opportunity to take part in the Magic City’s MLS team, Inter Miami.

The retired soccer star has since brought legend Lionel Messi on board his team, which further incentivized stars like Kim Kardashian and LeBron James to make it out to games .

Aside from business, David makes sure to enjoy plenty of quality time with Victoria all over Miami.

Nicola Peltz, David Beckahm, Brooklyn Beckham, Harper Beckham, and Cruz Beckham attend Victoria Beckham's Womenswear Fall Winter 2023-2024 show as part of Paris Fashion Week on March 03, 2023 in Paris, France.

Page Six exclusively reported last July that the former Manchester United player and the Spice Girls member dropped more than $2,000 on a date night at the luxe LPM Restaurant and Bar in Brickell.

We were told at the time that the duo and their guests were very gracious toward the waitstaff.

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When the Beckhams are not in South Florida, they spend a lot of time in their native UK.

The power couple owns a $40 million Victorian townhouse in London that is located in the ultra-luxurious Holland Park area of Kensington — also known as “Millionaire’s Row.”

David Beckham and Victoria Beckham.

The lavish property reportedly features six bedrooms, an indoor pool, a wine cellar, a fashion runway, a gym and an at-home nail salon.

However, it appears David has grown quite fond of his new home in Miami.

He said during an event in 2018, “I could have gone to another city, but this was always my city. It’s always where I wanted to have our team.”

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David Beckham and Victoria Beckham on a boat.

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Discover our well-located studio rentals in miami beach.

Treat yourself to an unforgettable stay at Marriott Vacation Club®, South Beach, part of The Marriott Vacation Clubs™ City Collection, on Miami Beach's swanky Ocean Drive. Near electrifying nightlife, café-style dining, and upscale shopping, our vacation ownership property boasts open and airy studios, guest rooms and two-bedroom suite lodging options across from the beach. We are minutes from the South Beach Art Deco District, Kaseya Center, the markets on Lincoln Road and some of Miami's finest restaurants. Unwind at our stately Mediterranean Revival gem with a historic exterior and unique contemporary design, including a landmark red tile roof, graceful columns, and updated accommodations. Stay connected with complimentary Wi-Fi – all with no destination fees. Grab a drink and gaze out over Miami Beach from our exquisite Rooftop Terrace and enjoy panoramic views and warm Florida breezes. Our comfortable vacation rentals are sure to provide you with a memorable experience in lively South Beach.

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'Million Dollar Listing' star Fredrik Eklund moved to Miami as South Florida real estate booms

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Former reality-TV star Fredrik Eklund from the “Million Dollar Listing” series has burgeoning West Palm Beach on his “vision board” for projects he’d like to represent and already has an office of his powerhouse Eklund Gomes team in Jupiter.

Eklund, whose life was chronicled by the Emmy-nominated Bravo TV franchise for 11 years first in New York and then Los Angeles, moved to Miami in the summer of 2023 after new construction in Golden State metro areas began to stagnate, he said.

Known for his signature high-kick and exuberant cry of “weeeeee,” the 6-foot, 5-inch native of Sweden, put his Beverly Hills home on the market in December.

“What I particularly do is new development and new buildings, and there is a lot of that here in South Florida,” said Eklund, who co-founded Douglas Elliman's Eklund Gomes Team with John Gomes, which opened a Miami office about five years ago. “In LA, there just wasn’t a lot of new construction.”

The Eklund Gomes Jupiter office at the Jupiter Yacht Club launched shortly before the pandemic. A planned splashy entrance to the Palm Beach County real estate market was overshadowed by Covid-19, but marketing was renewed last year with Eklund throwing out the first pitch at a spring training game between the New York Yankees and St. Louis Cardinals at Roger Dean Stadium.

Since then, two additional reality TV Realtors have staked claims in Palm Beach County.

Ryan Serhant, who co-starred with Eklund in the New York series, opened an office of his firm Serhant. in Delray Beach last year. Mauricio Umansky, known for his marriage to Real Housewives of Beverly Hills star Kyle Richards, opened an office of his firm, The Agency, in Palm Beach. Umansky also has his own reality TV show on Netflix called “Buying Beverly Hills.”

“Because West Palm Beach and Palm Beach has so much happening now in the condominium space, that’s on my vision board,” Eklund said. “Those buyers are really from the markets that we operate in.”

Is this for real?: Reality TV star Ryan Serhant's company listing West Palm home to rent for $62,500 a month

Population estimates released this month by the Census Bureau point to why South Florida may be attracting high-profile celebrity Realtors following a pandemic-triggered exodus that saw people leave urban and higher-tax areas with a new freedom to work from anywhere.

The tri-county area of Palm Beach, Broward and Miami-Dade saw the 10 th highest population gain of metro areas nationwide between April 2020 and July 2023, adding about 44,000 people.

That overall gain included a loss of about 8,800 residents in Miami-Dade County while Palm Beach County grew by 39,520. Statewide, Florida’s population increased by more than 1 million people between 2020 and 2023.

During the same time period, California lost an estimated 538,000 residents with some counties gaining residents, such as Riverside County’s 69,500-person increase, and others losing big. Those included Los Angeles County, which was down 329,468 residents. Orange County lost nearly 50,000 people, and San Francisco saw 61,530 people leave.

New York also saw an overall exodus of about 533,500 people statewide. The counties with the biggest losses were Kings, Queens, and New York.

“I think Miami is always going to be a hot market because when people think of South Florida from outside the country, they think of Miami, but Palm Beach County has opportunities to grow, and that’s really what sets us apart,” said Tracy Ward, a broker associate in the Jupiter office of Eklund Gomes.

Eklund Gomes co-founder John Gomes said new transplants to Palm Beach County have a different way of living than the “old guard.” They may want more space for families, and turnkey residences with modern aesthetics and conveniences.

Gomes said he is working with a family living in New York’s Tribeca neighborhood that wants to move to Delray Beach.

“They want to be in a very specific area and have an idea of the schools and they love South Florida,” Gomes said.

Ward said she watched Million Dollar Listing before joining the Eklund Gomes team, and subscribed to its newsletter. After corresponding for a little while, she told Eklund that he was missing opportunities in Palm Beach County.

More: More "Wall Street South:" Related Cos. plans largest office complex in West Palm Beach

"Right there and then we connected," said Ward, adding that Eklund has proven himself in real estate regardless of his stint in reality television. “He is a very strong negotiator, as is everybody on this team. It’s not just ‘Hey, look at me, I’m fabulous.’ It’s a tough business, it’s very cutthroat.”

Eklund announced in 2022 he was leaving Million Dollar Listing after 11 years on the program in New York and Los Angeles.

Last year, the Eklund Gomes Team had $3.77 billion in total transactions from agents in New York, California, Texas and Florida.

Eklund said he wants to work on iconic projects that make a statement in the community.

In Miami, he is part of a team leading sales at the nautically-themed Shore Club, an Auberge-branded waterfront tower with 49 units. The Real Deal reported earlier this month a Shore Club penthouse is under contract for $120 million. Eklund Gomes is also leading sales at the Ritz-Carlton Residences in South Beach.

Kimberly Miller is a veteran journalist for The Palm Beach Post, part of the USA Today Network of Florida. She covers real estate and how growth affects South Florida's environment. Subscribe to The Dirt for a weekly real estate roundup. If you have news tips, please send them to [email protected].   Help support our local journalism, subscribe today.

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This Iconic Miami Beach Hotel Is Getting a Massive Refresh — and Will Reopen With 3 Pools, a Rooftop Penthouse, and a Poolside Cafe

The Shore Club, which has been around since the 1940s, will reopen in 2027 as part of the Auberge Resorts Collection.

south beach yacht club miami

Courtesy of The Shore Club, Auberge Resorts Collection

The Shore Club, the 1940s architectural gem on Collins Avenue in Miami Beach, is poised for a high-octane return in 2027. The property will become a part of the Auberge Resorts Collection portfolio, which currently features 27 exquisitely designed hotels and resorts around the globe.

The Shore Club Resort & Residences, Auberge Resorts Collection , will mark a new chapter in the storied property's history and will comprise 73 guest rooms and suites, including a rooftop penthouse, as well as 49 residences and a private villa, for sale.

"We are excited to expand our urban footprint with the addition of Shore Club in Miami Beach, a place where nature, art, culture, and entertainment come together in uniquely compelling ways. Our proven skill in elevating historic properties through exceptional service and experiences together with Witkoff's vision and Robert Stern's exquisite design will transform this legendary address into a dynamic new destination that embodies the unique spirit of Miami Beach. We can't wait to bring this vision to life," Dan Friedkin, chairman of Auberge Resorts Collection, said in a press release, referring to one of the property's developers, the Witkoff Group, and the principal architect of the project Robert A.M. Stern Architects. 

The new three-acre development will include the original beachfront Shore Club, which Albert Anis designed in signature Miami Modern style, and 1930s Art Deco The Cromwell Hotel. It will also have a new 18-story residential tower and an 8,000-square-foot villa, all serviced by the Auberge Resorts Collection.

Two interior design firms have been tasked with preserving the property's vibrant past and historic character while establishing it as the most luxurious destination in South Beach. Renderings of the new tower show a curvilinear exterior inspired by the movement of waves, featuring expansive balconies with prime Atlantic ocean views. The interiors are reminiscent of yachts, with plenty of rich wood and brass accents.

Amenities will include a restaurant, a poolside cafe and a bar, three pools, a spa and a gym, and a beach club. Residence owners will also have access to their own private pool, a library, and a lounge. 

The Shore Club is the latest luxury development on Collins Avenue, home to many of Miami Beach's legendary Art Deco hotels. The Raleigh, another iconic 1940s hotel, is also set to reopen in late 2026 operated by Rosewood.

Florida has 7 of top 10 most expensive neighborhoods in America. Here's where they are

Florida might have one of the fastest-growing populations in the country , but that isn’t because it’s a cheap place to rent or buy a home. 

The most expensive neighborhood to buy a home nationwide is in Florida, according to a recent study from home services company Neighborly ’s home painting service Five Star Painting.

The study used  the Zillow Home Value Index (ZHVI) , which includes home value data for over 21,000 neighborhoods, to determine the most expensive neighborhoods in the 50 largest U.S. cities and nationwide.

And Florida neighborhoods took seven of the top 10 rankings for the most expensive neighborhoods nationwide. Here's which communities ranked as the most expensive in the country for prospective home buyers.

What area in the U.S. has the most expensive homes?

“In opulent zip codes around the U.S., real estate prices reach astronomical figures, driven by a complex mixture of scarcity, demand, and the cachet of location,” the study said.

“Despite broader market uncertainties, homes in luxury neighborhoods in states like California, Florida, and New York have not only held their value but have seen significant price increases in recent years.”

Of the seven Florida neighborhoods that made the list, four are in the Miami metropolitan area, two are in Naples and one is in Palm Beach County.

Gables Estates in Coral Gables, a suburb of Miami, took first place on this rankings list, with the average home value hovering close to $17 million.

“Gables Estates is a pristine gated community offering residents both privacy and panoramic water views,” the study said. 

“The neighborhood also includes world-class amenities like golf courses, tennis courts, and a private yacht club with membership application fees starting at $100,000 .”

Naples' Port Royal neighborhood took second place. In Port Royal, home values saw a 2.42% increase over the last year, averaging around $16.2 million.

According to the study, “The real estate market in Naples, particularly in Port Royal, has shown resilience and growth, attracting investors and buyers from around the world.”

What's the most expensive neighborhood in America?

Here’s Five Star Painting and Neighborly’s list of the most expensive communities to buy a house in nationwide and their average home values, based on Zillow data: 

  • Gables Estates in Coral Gables, Florida: $16,806,342
  • Port Royal in Naples, Florida: $16,233,953
  • Beverly Hills Gateway in Beverly Hills, California: $10,229,822
  • Old Cutler Bay in Coral Gables, Florida: $9,301,986
  • The Flats in Beverly Hills, California: $8,743,865
  • Di Lido Island in Miami Beach, Florida: $8,537,501
  • Aqualane Shore in Naples, Florida: $8,507,397
  • Trousdale Estates in Beverly Hills, California: $8,500,015
  • San Marino Island in Miami Beach, Florida: $8,496,184
  • Bear's Club in Jupiter, Florida: $8,385,889

Where are the most expensive houses in Tampa, Orlando, Miami and Jacksonville?

The Neighborly study also found the most expensive neighborhoods within each of the 50 largest cities in the U.S.

Here are the top three most expensive neighborhoods in each of Florida’s largest cities and their average home values:

  • Culbreath Isles, $2.9 million
  • Golf View, $1.8 million
  • Parkland Estates, $1.5 million
  • Lake Nona Estates, $2.2 million
  • Rose Isle, $1.2 million
  • Lancaster Park, $749,287
  • South-West Coconut Grove, $1.4 million
  • Biscayne Island, $1.4 million
  • Fair Isle, $1.3 million
  • Jacksonville:
  • Isle of Palms, $723,578
  • Fort George Island, $690,087
  • Miramar, $608,307

Sun Sentinel

Business | South Florida yacht brokers hit with lawsuits…

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Business | south florida yacht brokers hit with lawsuits that claim 10% commissions violate antitrust laws.

Yachts are among the vessels seen on display in this 2019 file photo in Palm Beach County. Two new lawsuits, filed in 2024, aim to upend years-old ways of awarding commissions to brokers representing boat sellers and buyers. (South Florida Sun Sentinel file photo)

Two newly filed federal lawsuits claim that 10% sales commissions required by South Florida’s yacht broker industry are anticompetitive and violate antitrust laws.

The claims follow an October finding by a federal jury in Kansas City, Missouri, that the National Association of Realtors conspired with brokers to artificially inflate commissions paid to real estate brokers. The ruling, and a March 15 settlement by the Realtors, is expected to radically change how homes are sold in the United States.

Both lawsuits involving yacht brokers name as defendants the International Yacht Brokers Association, based in Fort Lauderdale, the Yacht Brokers Association of America, Boats Group LLC and YATCO LLC.

Also listed as defendants in both suits are a who’s who of South Florida-based yacht brokers, including Denison Yacht Sales, MarineMax Inc., Galati Yacht Sales Inc., Allied Marine Inc., Tournament Yacht Sales LLC and Northrop & Johnson Yacht Ships, among others.

Nearly all of the defendants are headquartered in South Florida.

The most recent suit, filed on March 22, proposes a class of plaintiffs that includes anyone who listed vessels on certain Multiple Listing Services using a listing agent or broker affiliated with one of the defendants and paid a buyer’s broker commission since March 22, 2020.

The lead plaintiff in the lawsuit is Kip Lamar Snell, identified as an Alabama resident. Snell entered into an agreement with Galati to sell a 41-foot Express Cruiser Sea Ray in July 2020 and ended up paying a $12,000 commission on the $120,000 sale price, the suit states. The lawsuit lists as defendants 15 brokers and six organizations that promote the yacht trade or operate Multiple Listing Services.

That lawsuit follows one filed on Feb. 29 that proposes a class of plaintiffs that includes anyone who paid a commission to a listing broker affiliated with the defendants since Feb. 19, 2020. It lists as defendants 11 brokers and five organizations that promote the yacht trade or operate Multiple Listing Services.

The lead plaintiff in that suit is Ya Mon Expeditions, a Wyoming company that paid a “substantial broker commission” when it sold a vessel in January 2023 while represented by Tournament Yacht Sales of Tequesta.

The most recent complaint accuses the trade associations of colluding with brokers to “enforce an anticompetitive restraint that requires (sellers of pre-owned yachts and boats) to pay a brokerage fee to the buyer’s broker and a total aggregate commission fee that is inflated as a condition for selling their yachts.”

The complaint states the typical commission is 10% and is shared between the seller’s broker and the buyer’s broker under terms spelled out in Central Listing Agreements provided by the brokers associations, including the International Yacht Brokers Association and the Yacht Brokers Association of America.

Only boat brokers are able to list boats and yachts on such Multiple Listing Services as YachtWorld.com, BoatTrader.com and Boats.com, and the Multiple Listing Services will not accept listings from owners who want to sell their vessels themselves, the lawsuit states.

Yacht owners are “severely disadvantaged” if they do not list their boats for sale on the listing services, while buyers suffer because their brokers are “financially incentivized” to show boats that will earn them standard “and inflated” commission rates of 4% to 5% through co-brokerage transactions, the complaint states.

None of the defendants contacted for this story responded to a request for comment, and no response has been filed yet in either case.

Robert Allen Jr., whose Miami-based law firm Robert Allen Law represents the International Yacht Brokers Association, did not respond to emails or return a phone call.

A woman who answered the phone at the International Yacht Brokers Association said, “We have no comment on that,” and hung up after a reporter asked for her name.

Of six brokers contacted for comment about the lawsuits, only Tournament Yacht Sales responded to emails. “No comment,” the company’s response stated.

Overall commissions have increased faster than the rate of inflation in recent years as the price of larger boats and yachts have increased, according to the lawsuit that lists Snell as lead plaintiff.

The result is that boat owners pay “hundreds of millions of dollars” in inflated commissions each year, the suit alleges.

Both lawsuits allege violations of the Sherman Antitrust Act that are upheld by “brokers who should be competing with one another but, instead, cooperate with each other to the detriment of pre-owned boat sellers.”

Some brokerages represent both buyers and sellers and retain the entire 10% commissions, the suits state.

The trade associations enforce rules requiring brokers to offer their boats through a listing service and to share commissions, the suits state, adding that they can impose significant penalties on members who do not comply with their rules.

Yacht purchasers are disadvantaged by the current system, the lawsuit alleges, because their agents would otherwise negotiate for their business by decreasing their commission rates.

But buyer brokers’ commissions have remained constant despite their diminishing role, the suits state. Many buyers today find boats they are interested in purchasing through online searches and enlist the services of a buyer’s broker only after identifying the yacht they want to buy, the suits claim.

The lawsuits seek an order declaring the commission structure to be illegal, a permanent injunction outlawing what they describe as anticompetitive conduct, plus damages and/or restitution, pre- and post-judgment interest, and attorneys’ fees.

Paul Geller, an attorney for one of two law firms representing the class that includes Snell, acknowledged “parallels between the allegations relating to commissions in the real estate and yacht markets.”

In the real estate matter, the National Association of Realtors on March 15 agreed to a $418 million proposed settlement that would free home sellers from paying commissions to brokers for both sellers and buyers.

After a jury ruled for the plaintiffs in the case against the National Association of Realtors in October, numerous lawsuits were filed across the country with similar allegations, including one in December against the Florida Association of Realtors and 16 brokerages.

“At bottom, the goals of (the suit against the yacht brokers) are similar: protecting consumers by challenging what we allege to be anti-competitive conduct,” Geller said by email. “We believe in the universal truth that consumers benefit by increased transparency and the competitive pricing that results from negotiated terms, including commissions.”

Geller is a partner at Robbins Geller Rudman & Dowd LLP, which specializes in securities litigation on behalf of investors. The firm has offices in 10 cities, including Boca Raton.

Ron Hurtibise covers business and consumer issues for the South Florida Sun Sentinel. He can be reached by phone at 954-356-4071, on Twitter @ronhurtibise or by email at [email protected].

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Palm Beach's private Tarpon Island with asking price of $187.5M is under contract, MLS shows

With its rebuilt and expanded mansion, private tarpon island is under contract in the estate section, according to the palm beach beach board of realtors multiple listing service..

south beach yacht club miami

Palm Beach’s only private island and its renovated-on-speculation mansion is under contract with an asking price of $187.5 million, according to a sales listing updated Monday in the multiple listing service. 

The property at 10 Tarpon Isle is the most expensive house for sale in Palm Beach. 

There’s no word yet on the buyer, the amount to change hands or when the sale will close. 

The Palm Beach Daily News is the first media outlet to report the so-called “pending” status of the property in the MLS.

Affording panoramic views of the Lake Worth Lagoon and Intracoastal Waterway, the artificial island in the Estate Section measures about 2.3 acres with a combined 1,163 feet of waterfront on all four sides. A picturesque bridge connects the island to Tarpon Way, which leads to the rest of Palm Beach via Tarpon Way and Island Road. 

The 11-bedroom, two-story mansion has 28,618 total square feet of living space, inside and out, and a long list of amenities, including a 98-foot lakefront swimming pool with a whirlpool spa and a "cold plunge" pool.

The property was redeveloped by Palm Beach and Miami developer Todd Michael Glaser with two real estate investors, Jonathan Fryd of Fryd Properties in Miami and developer Scott Robins of Scott Robins Cos. in Miami Beach. 

Glaser declined to comment, citing a confidentiality agreement. But he previously told the Palm Beach Daily News that Tarpon Island's location is truly one of a kind.

“It has its own bridge. How many houses in Palm Beach have a bridge? None,” Glaser said in a December article about the house .

The estate comprises the new main residence on the west side of Tarpon Island. The original 1937 house was converted into a guest pavilion and includes an ultra-luxury fitness-and-beauty area. 

Among the estate’s other features are a five-car garage and one of the town’s only lighted tennis courts. Other amenities include a paneled library; a home gym; and an entertainment room with a fireplace, wine storage, billiards area and movie lounge.

Fryd and Robins have invested in other Glaser-controlled projects in Palm Beach and Miami-Dade County, where the developer built his career before turning his attention to buying, renovating and selling homes in Palm Beach several years ago. Glaser's eponymous company has offices in Miami Beach and Palm Beach. 

Tarpon Island set a town lakefront price record when the developers bought the property and its original house for $85 million in July 2021 from its longtime owners, private investor William Toll and his wife, Eileen. 

In October 2021, the property was listed at $125 million for the land and renovation plans for the original house. At the same time, the property also was listed then at a pre-construction price of $210 million, which would have included the renovated house. 

The price was later raised to $218 million while still in construction, before dropping to $187.5 million in November .

Agents Suzanne Frisbie of the Corcoran Group and Chris Leavitt of Douglas Elliman Real Estate hold the listing. Broker Christian Angle of Christian Angle Real Estate also is involved on the sellers’ side.

Frisbie, Leavitt and Angle declined to comment.

Agent Margit Brandt of Premier Estate Properties is on the buyer’s side of the sale, according to people familiar with the transaction. She also declined to comment.

The Palm Beach Daily News was unable to confirm if any other real estate agents or agencies are involved in the pending sale.

The renovation-and-expansion project  transformed the island’s original Bermuda-style house — designed in 1937 by noted Palm Beach architect Howard Major  — into a guesthouse. A new, much-larger addition for the main living areas was built onto it in a similar architectural style.  

“We flip-flopped the house. You can’t tell where one house started and the other began,” Glaser said in December.

Into the repurposed guesthouse went VIP guest suites, the spa area with its sauna and steam room, a hair-styling salon and staff quarters.

The guesthouse nearly abuts the east property line. “So when you are in the gym, you feel like you are on a yacht,” Glaser said previously. 

The new addition to the west houses the main living areas, most of the bedroom suites and the garage. An air-conditioned octagonal tennis-and-dining pavilion, rising two stories, is attached to the house and overlooks the tennis court on the far west side of the property.

Windows, patios, terraces and the dock on the south side of the house afford views straight down the Intracoastal Waterway for a little more than a mile to the Southern Boulevard Bridge, past former President Donald Trump’s Mar-a-Lago Club. The views also include Everglades Island to the west and Palm Beach’s Estate Section to the east.

Architect Roger Janssen of Dailey Janssen Architects drew up the plans for the Tarpon Island project. Christopher Cawley Landscape Architecture designed the grounds. The interior finishes were chosen by Glaser’s wife, interior decorator Kim Glaser.

When the property changed hands in 2021, Frisbie represented the buyers, negotiating opposing agent Jim McCann of Premier Estate Properties, who acted on behalf of the Tolls. Agent Adam McPherson of Douglas Elliman Real Estate also played a role in that off-market sale. The transaction set a new town  sale-price record  at the time for a lakefront property without additional ocean frontage, according to sales documented at the Palm Beach County Courthouse.

To see more photos of Tarpon Island, click on the photo gallery at the top of this page.

This story was updated from a previous version. This a developing story. Check back for updates. Portions of this story appeared previously in the Palm Beach Daily News.

Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email [email protected] , call 561-820-3831 or tweet @PBDN_Hofheinz.

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