1111 Tulane Avenue , #704

Description

Grandfathered Short-Term Rental (STR) License included — one of the few condos in New Orleans legally approved for nightly rentals. Income flexibility plus meaningful tax advantages. Stylish and modern studio, 1-bath unit in the heart of Downtown New Orleans, fully furnished and designed to sleep 4 (queen bed + sleeper sofa). Features include Bosch appliances, custom cabinetry, and sleek finishes throughout. Studio-style layout with open-concept great room and designated sleeping area. Bedroom is not separately enclosed and is part of the open living space.Ideal for investors, this property offers depreciation and mortgage interest deductions that may help offset other income (consult your financial advisor for details). Built-in property management by Hosteeva makes ownership completely hands-off, covering bookings, cleaning, and maintenance.Residents and guests enjoy premium amenities such as a fitness center, rooftop terrace, business and media rooms, and more. Located in the vibrant CBD, just blocks from the French Quarter, Superdome, Smoothie King Center, and major medical centers.A premier opportunity to own in one of the few grandfathered STR-approved buildings with no annual STR license fee—perfect for both personal use and strategic income generation. Exciting HOA updates are underway, including a speakeasy club, a Carpe Viam partnership with week-long stays at units worldwide, and a planned plunge pool. Parking spot included, and owner has rental income history available upon request.