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Turnkey Condotel Condo with STR Permits
For Sale
$594,000

1111 Tulane Avenue #601, New Orleans, LA 70112

Spacious 4-bedroom, 2-bath condo in a fully managed condotel with hotel licensing and short-term rental permits.

Days on Market92

Property Features for 1111 Tulane Avenue #601

General Information

Standard status Active
Property subtype Commercial

Amenities

rooftop patio
gym
game room
garage parking
24-hour security

Building Details

Building Size 1,394 SF
Year Built 1970
Listing Agency: Bridgewater Realty Advisors, LLC
Listed By: Mason McCullough · License #LA9705
Source: Nolalivingrealty
Added: Apr 30 Changed: Jul 28 Last Checked: Jul 30 at 12:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bridgewater Realty Advisors, LLC

Investment Insights

Based on property information with market context.

Turnkey condotel condominium with hotel licensing and short-term rental permits in place. This spacious 4-bedroom, 2-bath residence combines two units into a single, open-concept layout with modern finishes, high ceilings, and a contemporary kitchen featuring stainless steel appliances and quartz countertops.

Amenities include a rooftop patio with skyline views, gym, game room, garage parking, and 24-hour security. The property is conveniently located just steps from the Medical District, the CBD, and the French Quarter, and it offers proven rental income with fully transferable STR permits through a professionally managed environment.

Room dimensions are estimated and should be confirmed by the buyer.

Key Highlights

  • 4‑bedroom, 2‑bath condominium (Year built 1970) combining two units into one open‑concept residence
  • Condo is part of a fully managed condotel with hotel licensing and short‑term rental (STR) permits in place
  • Rooftop patio with skyline views, plus gym and game room

Property Analytics

Current Use

2 Bedroom Luxury ... Hotel & Motel Upscale Condos and Penthouses ... Hotel & Motel Girls trip room Homestay Hotel Hotel & Motel California Building - Urban ... Vacation Rental

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Nursing Home Butcher Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11,503
Businesses Nearby

Demographics for 70112, LA

4,988
Population
3,711
Households
1.3
Avg Household Size
35
Median Age
44%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
4,988
Density / Sq Mi
$23,052
Median Household Income
$36,029
Median Earnings
$1,063
Median Rent
$398,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Spacious 4-bedroom, 2-bath condo in a fully managed condotel with hotel licensing and short-term rental permits.
Where is this short term rental property located?
The property is located at 1111 Tulane Avenue #601 New Orleans, LA.
What is the asking price?
The asking price for this property is $594,000.
What are key features of this property?
This property features: 4‑bedroom, 2‑bath condominium (Year built 1970) combining two units into one open‑concept residence; Condo is part of a fully managed condotel with hotel licensing and short‑term rental (STR) permits in place; Rooftop patio with skyline views, plus gym and game room
More about this property
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