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

This is simply a covered land play until the next cycle

Anonymous

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

Haulover Lover

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

Agree completely!

Anonymous

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

Nice design. Not just another tower.

Anonymouse

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

Anonymous

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

Anonymous

Sahara has cockroaches, that’s just not healthy,

Anonymous

Not sure

Anonymous

Sahara will have to go

Anonymous

Not if they don’t sell out

Anonymous

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

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

Anonymous

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

Hear that? Get out your wallet, Gil.

Anonymous

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

Anonymous

Cheapest oceanfront living in Dade!

Anonymous

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

Anonymous

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

Anonymous

Great another hotel… boring

Shawn Kouri

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

Anonymous

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

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

Anonymous

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