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Miami Real Estate > Condo Hotels

Miami Condo-Hotels:

The latest trend in the real estate and hospitality industry is what is commonly called condo-hotels. The concept is the following: buyers are purchasing a hotel room in usually a luxury resort, then rent it out through the management of the condo-hotel to get a recurring income. When owners want to use their property they usually reserve some dates that vary from year to year or simply come when the room is empty. Usually owners may decide to give in the hotel management program, but they may elect not to do so. In the later case they will enjoy having a small apartment with all services and amenities of an hotel. Regulations of different condo-hotel may vary, often a lot of restrictions apply.

This concept was created and launched mainly in Miami and Fort Lauderdale. Most of the condo- hotel properties were usually luxury high-rises (4 or 5 stars) well located in a premium location. Existing miami-condo hotels are spread out, throughout the greater Miami:

Le Meridien - M Residences
Sunny Isles

"Oceanfront paradise in the making." This 25 story oceanfront condominium offers 1 and 2 bedroom residences. Condos range from 698 to 1,503 sq. ft. The fresh innovative new condominium has an oceanfront infinity-edge pool with a bar, surrounded by hammocks and private cabanas. It also features a luxurious poolside waterfall massage and a Bice beachfront restaurant. Offers its very own private oasis by the ocean.

Trump International Sonesta Beach Resort & Residences
Sunny Isles

Located just north of Miami Beach, the Trump International Sonesta Beach Resort is the newest luxury oceanfront resort to grace the coast of Sunny Isles Beach. Each of the 390 condo-hotel rooms and suites, from 550 to 1,800 square feet, feature elegant, contemporary furnishings in a rich, dark walnut. Granite countertops and crown moldings accentuate spectacular views of the Atlantic Ocean and the Intracoastal Waterway.

The Acqualina
Sunny Isles

Soaring over the Atlantic on South Florida's fabled coastline, Acqualina is an oceanfront masterpiece. Graced with panoramic vistas of the sea and Miami's glittering skyline, the resort's grand 51-story Mediterranean-inspired tower features a 97-room ultra-luxury boutique resort and 188 lavish residences.

Oceanpoint Resort
Sunny Isles

At Ocean Point, you can choose from among 166 one, two, and three-bedroom residences, ranging from 957 to 1892 square feet, every one ingeniously designed with spectacular ocean views, spacious lobby and world-class amenities. Located in Sunny Isles, just across the causeway from Aventura, Ocean Point offers truly luxury living right on the beach, with all the comforts of home and all the services of a world-class resort hotel.

The Setai
South Beach

The Setai is a meticulously replicated art deco landmark, situated in the prime oceanfront district of South Beach, Florida. Originally built in the 1930’s as the famed Dempsey Vanderbilt Hotel, The Setai recreates the style and charm of the city’s fabled past, while seamlessly blending Asian traditions of simplicity and elegance to its overall appeal.

The Fontainbleau
Miami Beach

Occupying 1,200 feet of beautiful oceanfront land, The Fontainebleau Hilton a 900-unit hotel, has a 50-year operating history. The Fontainebleau, built in 1954, has been upgraded numerous times and is now in the midst of another multi-million dollar remodeling. Along with the towers of Fontainebleau II and Fontainebleau III, they will form an impressive private club-like complex that will dominate the middle portion of Miami Beach.

The Regent
South Beach

This luxury 80-suite condominium hotel, being developed by South Beach Resorts Development, is situated directly on Ocean Drive, center stage to the South Beach lifestyle. The hotel features exquisite penthouses with secluded rooftop gardens, roman hot tubs and heartstopping ocean views as well as a full European spa and trend-setting restaurant/ lounge. Your access to all this is unlimited because, after all, you own it.

The Tides
South Beach

Classic art deco design. Elegant modern aesthetics. The Tides, the premier oceanfront hotel on Miami's famed South Beach. Forty-five sleekly stylish rooms and dramatic penthouse suites offering expansive ocean views and at least five hundred and fifty square feet of space to call your own.

The Ritz-Carlton
Key Biscayne

The Ritz-Carlton, Key Biscayne, Miami's only AAA Five Diamond resort, is located on the southernmost barrier island in the United States, just five miles from downtown Miami. The acclaimed island paradise includes a 20,000 square-foot luxury spa, two restaurants overlooking the Atlantic Ocean, an 11-court tennis garden, and is only minutes from the airport, area attractions and South Beach.

The Bennett
South Beach

The Bennett Condo, SoBe urban living at its best! Just steps away from Lincoln Road, Ocean Drive & Española Way in the midst of best nightlife. Renovation of a 3 story 1920's building. 23 residences uniquely designed by John Marquette, featuring European kitchen cabinetry with stainless steel appliances, spa like bathrooms, Duravitt sink, natural stone floors, natural stone walls & designer fixtures; hardwood floors

Bentley Beach
South Beach

This 109 all-suite luxury condo-hotel is an oasis of serenity and elegance in a very exclusive beach setting. Oversized suites have been custom designed with European furnishings and are equipped with state of the art kitchenettes and home theatres. The health club offers cardio equipment with built-in flat screen TVs. Guests have access to the hotel's Beach Club, an umbrella-shaded stretch of private beach.

Four Seasons
Downtown Miami

The Four Seasons Miami has a $3.5-million collection showcasing the work of local artists. A 2-acre pool terrace on the 7th floor overlooks downtown Miami while making you forget you're in the city. Four pools include a foot-high wading pool with 24 "islands" from which cocktails are served. Rooms are elegantly subdued, with nice touches like glass-enclosed showers, DVD-CD players and window seats.

The management of Miami condo hotels were granted to the big names of the hospitality industry, Sonesta, Le Meridien, Starwood, Four Seasons, etc. Usually the management by a professional reputable firm ensures the preservation of the property to a higher standard, high rental revenue figures as well as maximium occupancy rate. The management company and the developer of those condominium usually request the use of the best construction material and the most beautiful furniture.

The last 18 months saw historic smaller size south beach hotels being transformed in condo-hotels such as the tides or the Breakwater. The miami florida real estate market saw this new market segment expand the realm of it investments opportunities. Those Miami-condo hotels also invaded other market segments of the traditional miami luxury hotels to include hip, designers, boutique hotels ,just to name a few, The W hotel south beach pre construction, the Nicky O (Nicky'Hilton), the Gansevoort, the Tides, the Shore club. It is therefore possible now to own a piece of history that generated revenues.

Pre-Construction Condo Hotels:

W South Beach Hotel & Residences
Miami Beach

The W South Beach residences will be beautifully designed and fully furnished in five-star fashion by award-winning decorator Yabu Pushelberg, featuring glass balconies with amazing views of the ocean. Every detail has been thought out, from plasma televisions to iPod docking stations and top-of-the-line appliances.

The St. Regis Resort & Residences
Bal Harbour

The St Regis will bring a new level of service never seen before in Bal Harbour featuring the new Remede Spa, butler service, concierge service and a luxurious fine dining restaurant. Located just across the street at the Bal Harbour Shops, The St Regis will offer its residents and guests some of the finest fashion and luxury retailers in the world.

Nicky O
South Beach

This fall, Nicky Hilton will set a new standard in boutique hotels, guest experience and social style. The Nicky O South Beach will feature designs by some of the world's most-famous designers, each of whom will create a hotel suite in their own style. Hotel staff will be carefully selected and dressed in designer uniforms.

The Gansevoort South
South Beach

Formerly the Roney Plaza Hotel, The Gansevoort South, Miami will be located in the north end of Collins Ave., and include a 112-foot ocean view rooftop swimming pool on a palm tree studded 28,000-square-foot teak rooftop deck; tri-level beach club with cabanas, fire pits and water features; a second infinity edge ocean view pool and much more.

Fontainebleau III Ocean Club
Miami Beach

Fontainebleau III Ocean Club is intended to be a five-star condo hotel with a completion date of late 2006. It will be 18-stories tall with 286 condo hotel units, offering outstanding views of the Atlantic Ocean, Miami Beach and the Fontainebleau Hilton grounds.

The Ritz-Carlton Club and Residences
South Beach

The Ritz-Carlton Club and Residences, South Beach will be located at the former site of Miami Beach's famed Seville Hotel on Collins Avenue. The development will consist of three oceanfront residential towers featuring 89 Private Ownership Residences.

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