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Florida & Gulf Coast  + South Florida  + Hospitality  | 
100-year-old Miami Art Deco Hotel to become residences

100-Year-Old Miami Hotel to Convert to Homes

A historic boutique hotel in Miami Beach has been sold for over a million dollars per unit and will likely be turned into fee-simple housing. And surprisingly enough, the owners will not be targeting Miami’s rich and famous. The S. Florida Business Journal reports the eight-suite hotel’s new owners plan to turn the property into living space for teachers who will work at a soon-to-be-built charter school, nearby.

Collinaire Luxury Suites, located at 221 Collins Ave., was sold for $8.9 million. Each suite averages a little over 1,000 square feet each.

Built in 1922, The Collinaire is a historically protected building. A plaque has been affixed to the property with details on the boutique hotel’s early beginnings, which was built in a Mediterranean Art Deco style.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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