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
1 year ago

This is simply a covered land play until the next cycle

Anonymous
1 year ago

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

Haulover Lover
1 year 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
1 year ago

Agree completely!

Anonymous
1 year 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
1 year 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
2 months ago

That was the last time I was there also!!

Anonymous
1 month 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
1 year ago

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

Anonymous
1 year ago

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

Anonymous
1 year ago

Sahara has cockroaches, that’s just not healthy,

Anonymous
1 year ago

Not sure

Anonymous
1 year ago

Sahara will have to go

Anonymous
1 year ago

Not if they don’t sell out

Anonymous
1 year 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
1 year 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
1 year 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
1 year ago

Hear that? Get out your wallet, Gil.

Anonymous
1 year ago

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

Anonymous
1 year ago

Cheapest oceanfront living in Dade!

Anonymous
1 year ago

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

Anonymous
1 year ago

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

Anonymous
1 year ago

Great another hotel… boring

Shawn Kouri
1 year 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
1 year 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
1 year ago

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

Anonymous
1 year ago

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