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CBRE has arranged the sale of Greenview Hotel, a 45-key boutique hotel at 1671 Washington Ave. in Miami Beach

CBRE Arranges Sale of South Beach Boutique Hotel

CBRE has arranged the sale of Greenview Hotel, a 45-key boutique hotel at 1671 Washington Ave. in Miami Beach. A private investor purchased the property for under $15 million.

Natalie Castillo and Austin LaPoten with CBRE Hotels represented the seller, Greenview Hotel LLC.

“The Greenview Hotel’s beautiful Art Deco design, great condition and location among world-class developments made it a perfect fit for the buyer, an owner-operator of other Miami Beach hotels looking to expand their portfolio,” said CBRE Senior Vice President Natalie Castillo. “South Beach’s high barrier to entry, this sale and the adjacent construction of the Thompson Hotel South Beach underscores the desire for boutique hotels in the submarket.”

The hotel sits in the heart of the Art Deco District of South Beach. It’s less than two blocks to the beach and within a block to Lincoln Road, with 800,000 square feet of dining and shopping options.

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

  • ◦Sale/Acquisition