# Portofino Tower

As of 2026-11-01, Portofino Tower in South Beach has 12 units for sale at a median asking price of $3.5M ($1,715/sqft); 13 units sold in the last 12 months.

Portofino Tower is a 45-floor, 216-unit waterfront condominium built in 1996 at 300 S Pointe Dr in South of Fifth, South Beach, in FEMA flood zone AE.

## Key facts

| | |
|---|---|
| Address | 300 S Pointe Dr |
| Neighborhood | South of Fifth, South Beach |
| Year built | 1996 |
| Floors | 45 |
| Units | 216 |
| Waterfront | yes |
| Developer | SP Investors & Miami |
| For sale | 12 |
| Pending | 0 |
| Median asking price | $3,499,500 |
| Median asking $/sqft | $1,715/sqft |
| Sold, last 12 months | 13 |
| Median sold $/sqft, 12 months | $1,484/sqft |
| Months of inventory | 11.1 |
| Median HOA | $3,940/mo |
| Parking | The building offers assigned garage parking, guest parking, and 24-hour valet parking. |

## Own Miami measures

- **own.miami Building Score: 48 (B−)**
  - Value: 25 — $1,715/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 14 — -12.8% $/sqft over 6 months
  - Liquidity: 50 — 10.3 months of supply · 87 days on market
  - Health: 71 — 3 verified records: DBPR complaints
  - Waterfront: 90 — Waterfront building
  - Age: 45 — Built 1996 — vs. South Beach buildings
- **Own Miami Condo Index: 216** (premium; 100 = the market-median building, 200 = twice its $/sqft; rank 51 of 698 tracked Miami condos)
- **Financeability Index: 62** (good; 12-month window, 15 recorded mortgages, 40% of sales bank-financed, lowest down payment 15%, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2031)

## Building health (verified public records)

- Public records checked 2026-10-30
- positive: Bank financing — Regulated lenders recorded 10 purchase or refinance loans on this building in the last 12 months, financing 40% of its recorded sales, and accepted a down payment as low as 15%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 62/100. (2026-10-31)
- info: Special assessment reported as paid — noted on 2 listings (2026-08-26)
- elevated: DBPR complaints — Florida DBPR Division of Condominiums public complaint record for association licence MA00021435: 7 complaints in the last 36 months (4 open, 0 with discipline, 0 closed with a letter). A complaint is an allegation; only dispositions are findings. Investigations are confidential and not counted. (2026-08-19)
- Legal & regulatory: 2 material cases active, 0 disputes active, 7 DBPR complaints (36 months) (2026-09-17)

## Frequently asked questions

**How much do condos at Portofino Tower cost?**

There are 12 condos for sale at Portofino Tower, from $1,350,000, with a median asking price of $3,499,500 ($1,715/sqft).

**How much are the HOA fees at Portofino Tower?**

HOA / maintenance fees at Portofino Tower run around $3,940 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

**Is Portofino Tower a waterfront building?**

Yes — Portofino Tower is a waterfront building (South Beach).

**When was Portofino Tower built?**

Portofino Tower was built in 1996, 45 stories, 216 residences.

**Who developed Portofino Tower?**

Portofino Tower was developed by SP Investors & Miami.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Portofino Tower](https://own.miami/buildings/portofino-tower/for-sale)
- [Murano Grande](https://own.miami/buildings/murano-grande)
- [1500 Ocean Drive](https://own.miami/buildings/1500-ocean-drive)
- [South Pointe Towers](https://own.miami/buildings/south-pointe-towers)
- [ICON South Beach](https://own.miami/buildings/icon-south-beach)

---

Source: Own.Miami — https://own.miami · data as of 2026-11-01
Canonical page: https://own.miami/buildings/portofino-tower
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai