WELCOME TO THE SIXTY-SIXTY HU WEBSITE
THE SIXTY-SIXTY HU OFFICE IS NOW OPEN AND BACK AT THE SIXTY-SIXTY BUILDING. We are NO longer at our temporary office in the Casablanca Hotel.
Our Owners New Phone & Text Contact is (954) 483-4987
Sixty Sixty offers a unique form of Hotel Condominium ownership on Miami Beach but ownership of a unit at Sixty Sixty comes with many restrictions. Unlike other residential condos on Miami Beach, Sixty Sixty is a Hotel and not a residential condominium. In addition, Sixty Sixty is not your typical Condo due to the unique ownership structure of the real property (building) as well as the unique condominium documents and by-laws that make up the condominium association for the Sixty Sixty Condominium Association.
Prior to considering any purchase of a hotel unit at the Sixty Sixty prospective buyers are encouraged to review all documents related to the building and have a complete and full understanding of the ownership restrictions, limitations, and requirements.
Sixty Sixty offers investors the opportunity to purchase a Hotel Condo unit on Miami Beach which can earn monthly income to offset the cost of ownership. However, potential investors are cautioned that the revenue generated by most rental programs generally offset the expenses related to the cost of ownership and very rarely ever cover all the costs associated with ownership.
The Sixty Sixty property is owned by the Hotel Unit (HU) or what the documents refer to as the Share Component of the building. It is the Hotel Unit Owner (HU) that has the responsibility to operate the hotel and maintain the building and property while it is the individual Hotel Unit Owners that have the responsibility and legal obligation to pay all expenses related to the service, maintenance, and operation of the Sixty Sixty building which is owned by the HU Owner.
Unlike most all other residential condominiums where the Association is responsible for the maintenance, service, repair and operation of the property, this responsibility belongs to the HU Owner at Sixty Sixty and these duties and responsibility are defined in the Condominium Documents of the Sixty Sixty Condominium Association. The most important thing for prospective owners\investors to understand is that you are buying into a hotel operation which is not a condominium like most all other residential condominiums in Florida. The ownership structure, the condo documents, and just about everything else is different at Sixty Sixty due to its Hotel Classification.