Vero Beach Condo Hotel Opens Doors
The Vero Beach Hotel & Club, one of the area's first condominium hotels, has just opened its doors in Vero Beach, Florida.
The luxury property has been in the works for about three years. It will have two phases. The first phase has 50 suites, and the second has 29 more. It is located on Ocean Avenue, north of Bobby's Restaurant & Lounge. "The condo hotel trend is a convenient way to own a second home or vacation home, and not have a maintenance worry," said Julie Eubank, director of sales for Singer Island-based Heaton Cos., which owns and developed the property in downtown Vero Beach. Prices for condo hotel units at Vero Beach Hotel & Club start at $795,000. Owners can use their condo when they want and place it in a rental program when they're not there, sharing in the rent revenue it generates. Room rental rates vary upon the season, generally ranging from $279 to $700 a night. Read more about the Vero Beach Hotel & Club here.
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