S4 Investment Fund 1 LLC Acquires Historic Marlin Hotel In Miami Beach For $10.4M
1200 Collins Avenue
$10,400,000
Building Size
—
Asset Type
Hotel
Closing
Jun 24, 2026
About this deal
AI
The historic Marlin Hotel, located at 1200 Collins Avenue in Miami Beach, was sold in this transaction. This Art Deco boutique property has been a notable feature of the local hospitality scene. The sale price for the hotel was $10,400,000.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $10,400,000
- Buyer: S4 Investment Fund 1 LLC
- Seller: Michael Krieger - MRK Collection
- Date of Transaction: 06/24/2026
- Market: Miami Beach
Michael Krieger, representing MRK Collection, facilitated the sale of the Marlin Hotel, marking a significant ownership transfer within South Beach's hospitality sector.
On the Map
$10,400,000
Hotel
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Players
Miami Beach Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93