The Real Deal Miami

Sale of Hotel Clifton draws “tremendous” interest

Paramount Lodging Advisors has teamed up with hotel owner Cambean Hospitality to sell the Art Deco property
June 28, 2013 11:00AM

Hotel Clifton

Hotel Clifton

“Location, location, location!” Paramount Lodging Advisors’ Mike Hartman said of the Hotel Clifton, a South Beach Art Deco property his firm and Cambean Hospitality have teamed up to sell.

The 34-room boutique hotel at 1343 Collins Ave. in Miami Beach was built in 1948 and fully renovated in 2010 by new owners, Cambean Hospitality, becoming Miami Beach’s first LEED gold-certified property, according to a release.

The white, two-story hotel, with its name in distinctive, Gothic lettering illuminated at night in yellow neon, went on the market last week. “We’ve seen a tremendous amount of interest,” Hartman said.

The property is a “hotelier’s hotel,” Hartman added, because it offers “a limited service room-centric revenue stream.”

Junior suites are available at the hotel for about $256 for a night. –Emily Schmall