EWM REALTY INTERNATIONAL LISTS HISTORIC MARLIN HOTEL FOR $21.9 MILLION ON SOUTH BEACH
Turnkey, luxury Art Deco property, originally home to recording hub South Beach Studios, has been fully renovated, more than doubled in size and is represented by Jason Zarco
MIAMI BEACH, FL – EWM Realty International, the exclusive Christie’s International Real Estate affiliate for Miami-Dade and Broward counties, announced today the $21.9 million listing of the Marlin Hotel, a historic Art Deco property in the heart of South Beach at 1200 Collins Ave. Luxury sales associate Jason Zarco with EWM’s Miami Beach office represents the seller.
“As a former operations director for The Ritz-Carlton, I can confidently say that the Marlin Hotel offers a luxury guest room product that rivals any high-end, full-service hotel accommodation,” said Zarco. “Not only does the property’s recent renovation put it at the top-tier of its class in the South Beach boutique hotel world, but the hotel, as a whole, is a lucrative draw for any investor…being ideally located within the epicenter of one of Miami Beach’s most outstanding and vibrant enclaves.”
With its distinct Art Deco exterior, the three-story Marlin Hotel was built in 1939 by renowned Miami Beach architect L. Murray Dixon, visionary behind the Raleigh Hotel and Hotel Victor, among others. The Marlin was most recently purchased in April 2015 (a transaction which involved Zarco on behalf of the buyer) and underwent a complete, multi-million-dollar renovation — one aimed at preserving the landmark building’s architectural hallmarks.
Upgrades were made to all existing guest rooms and suites, the lobby area, restaurant and public areas, and an additional 19 rooms and suites were added – maximizing usage of space that was previously underutilized. Now comprising a total of 33 guest rooms, the hotel is turnkey…outfitted with contemporary custom furnishings, décor and high-tech state-of-the-art amenities. Each room, ranging from roughly 240 to 500 square feet, has a distinct style, complemented with wood flooring and serene color palettes.
“The ownership has gone above and beyond to maximize the property’s unique qualities and its pivotal position at the high-end of the market’s spectrum,” added Zarco. “This gorgeous hotel now has the meticulous touch it always deserved – a nod to its noteworthy beginnings as one of L. Murray Dixon’s architectural masterpieces.”
Adding to its rich history, the Marlin Hotel has music roots, having been the first hotel of producer Chris Blackwell of Island Records. The property was also once home to South Beach Studios, where a litany of top musicians, including Bob Marley, Aerosmith, Jay-Z, U2 and Pharrell Williams, produced music. A renowned “home away from home” for a myriad of artists, Prince was also known to have visited.
“The Marlin Hotel is a jewel on South Beach and a rarity in the marketplace, offering a considerable opportunity for prospective buyers who want to capitalize on the chance to own and operate a renovated luxury Art Deco property…one ready to receive guests,” said Ron Shuffield, President, EWM Realty International. “Furthermore, Jason (Zarco) has a keen understanding of this special segment of the market and what it takes to showcase a property of this magnitude.” Click here for Video