Solé Miami

17315 Collins Ave, 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