Updated October 7 , 2026: Explore current listings, including pricing, square footage, residence details and availability.
Yacht Club at Portofino Condos for Sale & Rent · 90 Alton Road, Miami Beach
The Yacht Club at Portofino is a bayfront tower facing the Miami Beach Marina in South of Fifth, steps from the waterfront promenade, South Pointe Park and the beach. It is also one of the very few luxury high-rises in the neighborhood that allows 30-day minimum rentals, up to 12 times per year. That combination of location, entry price and flexibility makes it unusual, and it is why each residence should be evaluated on its own merits.
Current Market Intelligence
MLS market snapshot as of September 22, 2026. “Leases in motion” combines active, pending and recently closed rentals. Inventory and status can change at any time.
How to read these numbers: The rental side of this building moves quickly. Seventeen residences were in leasing motion within a single month, a reflection of the 30-day leasing policy and of steady demand for furnished marina-front residences. Pending and recently closed rents ranged from approximately $3,900 to $7,900 per month.
On the sales side, active asking prices ranged from approximately $695,000 for a one-bedroom to $2.5 million for a penthouse, and no sales closed during the prior 30 days. Because many residences share the same floor plan, comparisons by line, floor and condition are especially revealing here.
Completed 1999 · On the Marina
Yacht Club
at Portofino
90 Alton Road · Miami Beach
Front Row on the Marina
Completed in 1999 by The Related Group, The Yacht Club at Portofino was one of the towers that defined the rebirth of South of Fifth. With approximately 360 residences, it sits directly in front of the Miami Beach Marina, alongside its later neighbors ICON South Beach and Murano Grande.
Depending on the line and floor, views extend across Biscayne Bay and the marina to Fisher Island, the Downtown Miami skyline and the Atlantic Ocean, with yachts and cruise ships passing through Government Cut on their way to and from the Port of Miami.
Building Amenities
The amenities are designed for easy waterfront living, whether the residence is a full-time home, a seasonal base or a well-managed rental.
A heated resort-style pool and sundeck on the bay, with a spa and sauna, set the tone for relaxed waterfront living.
A tennis court on the water is an uncommon amenity in South of Fifth and a favorite for residents who play year-round.
A fully equipped fitness center overlooking the water makes a daily workout part of the routine without leaving the building.
A club room, a theatre room and billiards give residents space to entertain family and guests on site.
A fully equipped business center supports residents who work remotely or split their time between Miami and abroad.
On-site management, 24-hour security, concierge service and valet parking support both full-time owners and seasonal residents.
One & Two Bedrooms · Penthouses
740 – 1,490
square feet
Private Balconies on the Water
Inside the Homes
Residences are primarily one- and two-bedroom homes, together with select penthouses, with interiors from approximately 740 to 1,490 square feet. Because many residences repeat the same floor plan from floor to floor, the line, the height and the condition of each unit become the real differentiators.
Features include European-style kitchen cabinetry, spacious primary suites with walk-in closets, in-unit washer and dryer, central air conditioning and private balconies with water, marina or skyline views.
Leasing Rules
Owners at The Yacht Club at Portofino may lease for a minimum of 30 days, up to 12 times per year. Among the major luxury high-rises of South of Fifth, it is one of the very few with this level of flexibility; neighboring ICON South Beach and Murano Grande, for example, limit rentals to twice per year with a six-month minimum.
A tenant may stay for a shorter period, but the lease must still cover, and be paid for, the full 30-day term. For owners, the policy makes it possible to use the residence personally and lease it during peak months, with rental income helping to offset carrying costs. All leases remain subject to condominium approval and current building rules.
Ask About Leasing at the Yacht Club →Leasing Policy
30-Day
Minimum
Up to 12 Leases per Year
Marina Living in South of Fifth
Location is a large part of what buyers pay for here: the marina at the door, the promenade to the beach and the city minutes across the causeway.
From Fifth Street the promenade follows the marina past Monty’s, South Pointe Park and its dog park and playground, all the way to South Pointe Beach and the pier.
The building faces the marina, a natural fit for boat owners. Slips are sold or leased separately from the condominium, with their own availability and pricing.
Monty’s for sunset drinks, Smith & Wollensky on the water and the restaurants of South of Fifth are all within walking distance.
Fisher Island across the channel, yachts and cruise ships in Government Cut, and, when conditions allow, snorkeling near the jetty at the southern tip of Miami Beach.
Walk Score is approximate. Marina availability, restaurant information and water activities can change; swim and snorkel only when conditions are safe.
Real Estate Perspective
With many residences sharing the same floor plan, it is tempting to price the building by a single average. In practice, a high-floor bay-facing one-bedroom, a renovated and furnished unit ready to lease and an original-condition home on a lower floor can trade very differently.
For buyers who plan to lease, the analysis also has to include realistic rental income, association fees and the building’s financial profile. As a 1999 building, its milestone inspection and reserve status under Florida’s updated condominium laws deserve careful review.
Residence by Residence
≈ 360
Residences
Same Plan, Different Value
Beyond the Property Search
The Yacht Club at Portofino is especially popular with international buyers who want a Miami Beach base they can also lease when they are away. For overseas purchasers, the property search is only one part of the process: ownership structure, financing, inspections, closing, condominium approval, rental management and tax reporting all deserve attention.
For executives and families relocating to Miami, I also assist with neighborhood orientation, executive rentals, private property tours, school guidance and the practical transition to South Florida. For owners who want to furnish a residence for personal use or for 30-day rentals, professional interior-design coordination can also be integrated into the move.
Italian Buyer Resource →Corporate Relocation →TATEM Interiors →
In-Depth Buyer Guide
Yacht Club at Portofino real estate rewards careful comparison. The strongest decisions come from understanding not only asking price, but also the specific floor, line, view, condition, rental potential, association profile and competing inventory at the moment of purchase.
Buyers comparing Yacht Club condos should avoid treating the building as a single pricing market. The same floor plan can trade very differently depending on floor, line, view corridor and condition, and penthouse-level residences form a market of their own.
For buyers who plan to lease, rental readiness matters. A furnished, renovated residence can begin earning income immediately, while an original-condition unit may need work under the association’s approval process before it can compete with the best rentals in the building.
Before making an offer, buyers should review current active competition, recent closings and leases, association financials and reserves, milestone inspection status, any known special assessments, insurance costs, parking, and the current leasing and approval rules.
International buyers should plan the ownership and closing structure early. Financing, title, rental-income tax reporting, insurance and the choice of ownership entity can affect the transaction and should be coordinated with the buyer’s legal, tax and financial advisers.
Sellers at the Yacht Club benefit from positioning a residence against the inventory a buyer will actually compare: other active units with the same floor plan, nearby lines and floors, and alternatives at ICON, Murano Grande and other South of Fifth buildings.
For many buyers here, rental potential is part of the decision. Clear documentation of rental history, furnishing, condition and recent updates can make a residence stand out, together with professional photography and accurate floor plans.
Pricing strategy should also account for how many directly competing units are active, how long they have been on the market, the building’s association and reserve profile, and how investor and owner-user buyers are each likely to value the residence.
Living at the Yacht Club means waking up in front of the marina, walking the promenade to South Pointe Park and the beach, and having the restaurants of South of Fifth close by, while Downtown Miami remains minutes away across the MacArthur Causeway.
Because the building allows 30-day leasing, buyers should also be comfortable with a community that mixes full-time owners, seasonal residents and tenants, and should consider guest access, parking, deliveries and pet rules as part of daily life.
Yacht Club at Portofino Questions, Answered
Practical answers for buyers, investors, sellers and renters considering The Yacht Club at Portofino.
The Yacht Club at Portofino is at 90 Alton Road, Miami Beach, FL 33139, in the South of Fifth (SoFi) neighborhood. The tower faces the Miami Beach Marina and Biscayne Bay, a short walk along the waterfront promenade from South Pointe Park and the beach.
The Yacht Club at Portofino was completed in 1999 by The Related Group. The bayfront tower contains approximately 360 residences.
Most residences are one- and two-bedroom homes, together with select penthouses. Interiors range from approximately 740 square feet for a one-bedroom to about 1,490 square feet at the penthouse level, and most residences have a private balcony with water, marina or skyline views.
Yes. Owners at The Yacht Club at Portofino may lease for a minimum of 30 days, up to 12 times per year, subject to condominium approval and current building rules. Among the major luxury high-rises of South of Fifth, this is one of the most flexible leasing policies.
A tenant may choose to occupy the residence for a shorter period, but the lease itself must still cover, and be paid for, the full 30-day minimum term. All leases remain subject to condominium approval.
Its leasing flexibility makes the building attractive to buyers who want to use the residence themselves part of the year and lease it during peak periods, using rental income to offset carrying costs. Whether a specific purchase makes sense depends on price, association fees, financing, realistic rental income and personal goals.
The building faces the Miami Beach Marina, which makes it a natural fit for boat owners. Marina slips are not part of the condominium purchase: they are sold or leased separately, with their own availability and pricing.
Yes. The waterfront promenade runs from the marina past South Pointe Park to South Pointe Beach and the pier at the southern tip of Miami Beach, so the beach is an easy walk.
Amenities include a heated bayside pool and sundeck, a spa and sauna, a bayside tennis court, a fitness center, a club room, a theatre room with billiards, a business center, on-site management, 24-hour security, concierge service and valet parking.
The building is generally considered pet-friendly, subject to current rules. Size and number limits can differ between owners and tenants and can change, so pet rules should be confirmed with the association before purchasing or leasing.
In the September 22, 2026 MLS snapshot used on this page, ten residences were offered for sale and no sales had closed during the prior 30 days. Active asking prices ranged from approximately $695,000 for a one-bedroom to $2.5 million for a penthouse. Inventory changes frequently, so current availability should always be verified.
Very active. In the September 22, 2026 snapshot, eight residences were offered for rent, six rentals were pending and three had closed during the prior 30 days, for a total of 17 residences in leasing motion within a single month. Pending and recent rents ranged from approximately $3,900 to $7,900 per month.
All three buildings were developed by The Related Group and face the Miami Beach Marina. The Yacht Club at Portofino generally offers a lower entry price and far more flexible leasing, with 30-day minimum rentals up to 12 times per year, while ICON and Murano Grande limit rentals to twice per year with a six-month minimum and offer larger residences.
Key factors include floor, residence line, bay, marina, ocean or city exposure, floor plan, balcony size, condition and renovation, association fees and assessments, the building's inspection and reserve status, rental history, competing inventory and recent comparable sales.
Private Buyer, Seller & Investor Representation
I monitor active inventory, pending transactions, recent closings and leasing activity to help clients evaluate The Yacht Club at Portofino residence by residence — not simply by a building-wide average.
Max Mlekus · Keller Williams Miami Beach · (786) 223-2270
