Portofino Tower Condos For Sale & Rent

Portofino Tower Condo Overview

Portofino Tower is a luxury condo tower at 300 Pointe Dr in South of Fifth, Miami Beach. Built in 1996, the 44-story tower sits in one of Miami Beach's strongest waterfront submarkets, where the exact residence, view corridor, and floor height deserve close attention.

Portofino Tower Condos for Sale

Portofino Tower condos for sale should be compared by ocean, bay, Government Cut, park, or city exposure, as well as floor height, terrace space, renovation quality, parking, and monthly costs. With limited active inventory, recent comparable sales may be thin, so buyers should look carefully at condition and view quality.

Portofino Tower Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 6-month minimum rental term, and up to 1 rental per year. Buyers who may rent the unit should confirm association rules, approval timing, fees, and lease restrictions before building rental income into the purchase analysis.

Amenities and Building Details

Architectural and ownership notes point to Sieger Suarez, The Related Group. The building is pet-friendly. Tennis access is part of the amenity review. Buyers should review the semi-private elevator foyers, pools, spa, sauna and steam room, fitness center, billiards rooms, theater, private club, valet, concierge, security, parking, reserves, insurance considerations, and monthly fees together with the specific unit's view and condition. Each unit in Portofino Tower is a showcase of luxury, with features like expansive jacuzzis, high-end appliances, Italian kitchen cabinetry, and high-speed internet access. Its strategic location offers easy access to Miami's best beaches, shops, and restaurants, as well as proximity to Downtown Miami and Miami International Airport.

What to Compare Before Buying at Portofino Tower

Compare active condos for sale, active rentals, recent sales, view quality, unit condition, monthly fees, parking, rental rules, pet policy, beach access, and balcony exposure. It is also useful to compare Portofino Tower Miami Beach with nearby buildings and area pages such as Apogee, South Pointe Towers, and South of the Fifth.

Market Context

Portofino Tower Miami Beach has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 93 recorded condo sales, or about 10 sales per year. That gives buyers a useful resale sample, but individual unit differences still need to be adjusted carefully. The busiest year in the series was 2021 with 25 sales, while the quietest was 2020 with 4. Recent completed-year sales volume is close to the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Portofino Tower Miami Beach ranges from about $959/sqft to $1,511/sqft, with an average near $1,159/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is higher than the first, moving from $1,036/sqft in 2017 to $1,238/sqft in 2025. The recent completed-year price-per-square-foot average is above the long-term average. Average closed price over the same completed-year period was about $2,581,970, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Portofino Tower Miami Beach: 3 Beds and 2 Beds units have the broadest historical comparison set, while 4 Beds+ around $5,750,000 and 3 Beds around $3,198,089 represent the higher average closed-price tiers in the chart data. Because the higher-tier segment has limited observations, it should be treated as directional rather than a standalone pricing rule. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Portofino Tower Miami Beach also has long-term rental positioning with a 6-month minimum lease and up to 1 rental per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.