Dezer Demolishes Oceanfront Building In Sunny Isles Where Monaco Hotel Will Soon Rise

The Monaco hotel on the oceanfront in Sunny Isles Beach has been demolished. It had been built in 1952.

Construction will soon begin on a new hotel that will also be called The Monaco. An old Travelodge Monaco on the site had been shuttered since an explosion at the Chateau Residences tower next door.

The new hotel will include 113 rooms, a restaurant, game room, and underground parking. It will rise three stories above ground, or 44 feet to the roof (the maximum height in the area is 699 feet).

Hard construction cost to build the new hotel is estimated at $49 million.

Dezer Properties is the developer. J. Milton owns the 2.1-acre oceanfront site, but leases it to Dezer.

Sieger Suarez is the architect of the new hotel.

 

 

(bottom photo: phillip pessar)

The new Monaco:

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Anonymous
2 years ago

This is simply a covered land play until the next cycle

Anonymous
2 years ago

Sounds like Dezer has run out of Russian Mafia billionaires to sell hi-rise condos.

Haulover Lover
2 years ago

Great! We need more hotels within walking distance of the nude beach!!! Ever since Trump Towers took down the Ocean Palm Motel, the only alternative is Newport Beachside Hotel (which will still be a little closer than this new one).

Lbme
2 years ago

Agree completely!

Anonymous
2 years ago

It literally looks like a 1960s/1970s Holiday Inn, renovated to remove the stone wall veneer for white paint, and metal railings for glass.

Anonymous
2 years ago

Nice design. Not just another tower.

Anonymous
1 year ago

As a kid I visited the Monaco every year. Last time I was there was in 1983 with my family

Anonymous
5 months ago

That was the last time I was there also!!

Anonymous
4 months ago

Yes, please not another high-rise! Some people have taken to calling our town “Shady Isles Beach” because the highrises block the afternoon sun so much at the beach.

Why the heck hasn’t construction started by now?

Anonymouse
2 years ago

Could keep it as a parking lot with the ocean view.Forever.Not many of those left.Don’t think so.

Anonymous
2 years ago

He is waiting to Build The Sahara condo but we are not going to sell

Anonymous
2 years ago

Sahara has cockroaches, that’s just not healthy,

Anonymous
2 years ago

Not sure

Anonymous
2 years ago

Sahara will have to go

Anonymous
2 years ago

Not if they don’t sell out

Anonymous
2 years ago

Can you imagine the impact if tourists get bit by roaches at Sahara? Not good, think of a number and sell. Maybe 15k per unit max

Anonymous
2 years ago

That you, Gil? You’ve come a long way from being a C average frat boy at The U. Gee I wonder how.

Anonymous
2 years ago

Dezer already owns 89 out of approximately 145 or so of the units ! You may not sell… but I’d be willing to bet it wouldn’t take long to convince enough more to sell to him.

Anonymous
2 years ago

Hear that? Get out your wallet, Gil.

Anonymous
2 years ago

te Sahara needs to go its a disgrace dump!!!!

Anonymous
2 years ago

Cheapest oceanfront living in Dade!

Anonymous
2 years ago

Sorry. That design is not Sunny Isles Beach. It will be an eye sore!!!

Anonymous
2 years ago

There’s a freaking Dennys and Walgreens across the street, but this will bring down the neighborhood to you.

Anonymous
2 years ago

Great another hotel… boring

Shawn Kouri
2 years ago

I would build it taller actually. Why not make it like a tall resort hotel tower and make it like a family resort.

Anonymous
2 years ago

because as the above commenter accurately stated.. It’s a temporary play until it can be developed to it’s HIGHEST and best use. 😉

Anonymous
2 years ago

They tried to sell me a condo at Porsche for 5mill, with pool, originally cost 40, it’s changing.

Anonymous
2 years ago

I’m offering Gil 20mill for it, so you’re priced out.