Miami's Marlin Hotel sold for $9.5M

The Marlin Hotel, a 1939 fixture of South Beach Miami, was sold to a new unidentified owner.

Associates with EWM Realty International brokered the $9.5-million deal.

The boutique hotel at 1200 Collins Ave. has long housed South Beach Studios, where artists such as U2, Aerosmith, Bob Marley, Jay Z and Pharrell Williams have recorded. Record producer Chris Blackwell, founder of Island Records, is a former owner of the property who installed the studio; he sold it in 2004.

Virtual Roundtable

Post COVID-19: The New Guest Experience

Join Hotel Management’s Elaine Simon for our latest roundtable—Post COVID-19: The New Guest Experience. The experts on the panel will share how to inspire guest confidence that hotels are safe and clean and how to win back guest business.

The hotel last traded in 2009, when Brazilian retail developer Mario Valadares da Costa purchased the site for $5.5 million. He renovated the property in 2011.

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