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Sole Miami
Sunny Isles Beach, FL
PROPERTY CHARACTERISTICS
- 147 one-and two-bedroom condominium units that can be sold as 249 hotel rooms, each offering exceptional beachfront views and full kitchens in the majority of units
- Situated on an acre of prime oceanfront land in Sunny Isles Beach
- The Resort continues to benefit from an extensive guestroom and public space renovation completed in 2019 that brought an elevated beach aesthetic and modern-day comforts
ACQUISITION
- June 2021
INVESTMENT OPPORTUNITY
- A four-star independent Resort in a world-class market with future branding flexibility
- High barriers to entry
- Financial upside through top-line growth, a market recovery and operating expense reductions
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