Philippe Le Guennec And Benjamin Debard Acquire Tony Hotel In Miami Beach For $16.5M

The Tony Hotel, a 52-room hotel located at 801 Collins Avenue in Miami Beach, FL, was sold for $16,500,000. The property features a unique Art Deco design and has been in the Goldman family for 40 years. The new owners, tied to French hoteliers, plan significant renovations including the addition of 21 rooms and a new restaurant concept.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $16,500,000
• Address: 801 Collins Avenue
• Market: Miami Beach, FL
• Number of Rooms: 52
• Price per Key: $317,308
• Buyer: Philippe Le Guennec & Benjamin Debard
• Seller: Jessica Goldman Srebnick & Janet Goldman - Goldman Properties
• Broker: Susan Gale - One Sotheby's International Realty

Philippe Le Guennec and Benjamin Debard, representing an entity associated with the buyers, are set to enhance the Tony Hotel significantly. The transaction was facilitated by Susan Gale from One Sotheby's International Realty, who represented the sellers in this agreement.