The Tony Hotel South Beach Trades for $16.5 Million in Off-Market Sale
A longstanding Art Deco hotel in the heart of South Beach is entering its next chapter. The Tony Hotel South Beach has sold for $16.5 million in an off-market transaction, with its new owners planning a major renovation and continued operation of the Collins Avenue property.
A longstanding Art Deco hotel in the heart of South Beach is entering its next chapter. The Tony Hotel South Beach has sold for $16.5 million in an off-market transaction, with its new owners planning a major renovation and continued operation of the Collins Avenue property.
Located at 801 Collins Avenue, the 52-room boutique hotel was acquired by an entity connected to French hospitality operators Philippe Le Guennec and Benjamin Debard. The acquisition expands the duo's presence in Miami Beach following their $43.5 million purchase of the Kimpton Angler’s Hotel last year. Le Guennec also previously purchased and sold, Hotel St. Augustine in Miami Beach.
The seller is an entity tied to Jessica Goldman Srebnick and Janet Goldman, bringing the Goldman family's approximately four-decade ownership of the property to a close.
Susan Gale of Gale International at ONE Sotheby’s International Realty represented both sides of the off-market transaction.
Under its new ownership, The Tony Hotel is planned for a multimillion-dollar renovation. Le Guennec and Debard intend to add the property to their hospitality portfolio while directly operating both the hotel and restaurant.
The buyers have also leased a neighboring building along Ocean Drive that backs up to the hotel. The additional space is planned to accommodate 21 more guestrooms, creating an opportunity to expand the existing 52-key hospitality operation while maintaining its location between Collins Avenue and Ocean Drive.
The hotel's restaurant component is also slated for a change, with the existing Wish Café expected to make way for a new concept that has not yet been announced.
The Tony Hotel occupies a double corner lot just steps from Ocean Drive and the Atlantic Ocean, with an ocean-view rooftop pool and bar among its signature features. Its architecture and history stretch back more than a century to the formative years of Miami Beach.
Originally opened as the Tiffany Hotel, the property was designed by architect L. Murray Dixon, whose work helped shape the architectural character associated with Miami Beach's Art Deco era. The hotel was later renovated in 1998 while retaining its historic Art Deco identity.
The Goldman family's connection to the property dates to 1986, when Goldman Properties acquired the hotel for $550,000. The acquisition became part of the family's broader involvement in South Beach during a period when Tony Goldman was playing a significant role in the preservation and revival of the neighborhood.
That connection was permanently incorporated into the hotel's identity in 2022, when the property was renamed The Tony Hotel South Beach in honor of the late Tony Goldman, founder of Goldman Properties and a historic preservationist widely credited with helping revitalize South Beach during the 1980s and 1990s. He later would go on to spearhead the redevelopment of Wynwood and introduce Wynwood Walls which would grow into a global street art destination. The Goldman family is still active in Wynwood through development, ownership and art.
Image via Moris Moreno
Previous PROFILEmiami articles about hotels & hospitality:
Wilder, a new neighborhood market where ingredient integrity, culinary excellence, and community come together, will open in Midtown Miami at 3250 NE 1st Avenue in fall 2026. Wilder reimagines the neighborhood market by bringing together thoughtfully sourced groceries, a café, and chef-driven prepared foods under one roof, with Major Food Group as a founding investor and strategic advisor and a culinary and beverage program developed by Grassfed Culture.
Swire Properties has broken ground on The Residences at Mandarin Oriental, Miami, marking the start of construction on one of the nation’s most significant new ultra-luxury developments. Designed by world renowned, New York based architects Kohn Pedersen Fox (KPF), the project will unfold across two architecturally distinct towers on Brickell Key.
Coconut Grove’s appeal has always extended beyond its waterfront and leafy streets. The neighborhood’s restaurants are part of the way people live here: a terrace breakfast before a walk, a casual lunch between appointments, or a dinner worth making an evening of.
A longstanding Art Deco hotel in the heart of South Beach is entering its next chapter. The Tony Hotel South Beach has sold for $16.5 million in an off-market transaction, with its new owners planning a major renovation and continued operation of the Collins Avenue property.
Come Fall 2026, Miami Beach might soon be pilgrimage-worthy for diehard pizza enthusiasts with the opening of Royale Pizza Napoletana, the first Tokyo-style Neapolitan pizza restaurant in South Florida. It will also signal the stateside arrival of none other than iconoclastic Japanese pizzaiolo Chef Bun of the genre-defining Japanese Neapolitan pizza concept, Savoy.
Building on the success of Daniel's Miami, recently named the highest-ranked Florida steakhouse on the World's Best 101 Steak Restaurants list, and Daniel's, A Florida Steakhouse, which has earned Michelin Guide recognition, Gioia Hospitality Group founders Thomas Angelo and Kassidy Angelo will open La Sponda, an elegant waterfront Italian restaurant inspired by their family's heritage, this September at CMC Group’s recently delivered luxury condominium Vita at Grove Isle.
This fall, NOAH Hospitality Group will open UKIYO at 818 Lincoln Road, featuring a custom-designed kaiten belt, Japan's tradition of circulating sushi on a rotating conveyor. UKIYO reimagines the format through exceptional Japanese craftsmanship and live culinary theatre, bringing Tokyo's tradition to Lincoln Road for the first time.
Inter Miami CF and Pura Vida Miami, the Miami-born all-day café and lifestyle brand, have renewed their partnership, continuing a collaboration that has brought the two South Florida organizations together across player nutrition, Academy programming and the fan experience since 2025.
Miami may be far from the Mediterranean, but some of the city's most transportive dining rooms are bringing the spirit of Europe remarkably close to home. From the polished glamour of Milan and the leisurely elegance of Northern Italy to the culinary precision of Paris and romance of the French countryside, Miami's restaurant scene offers plenty of reasons to skip the transatlantic flight.
Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has completed demolition at the future site of the nearly sold-out Ziggurat Coconut Grove, paving the way for the start of site work and vertical construction. Developed in partnership with the Espinosa family, Ziggurat Coconut Grove is a highly anticipated mixed-use development offering world-class office, residential and retail while honoring the neighborhood’s character.
Mast Capital, in partnership with Koch Real Estate Investments, has acquired The Islands of Islamorada Resort, a luxury resort in Islamorada, Florida, offering convenient access to the Florida Keys’ renowned boating, fishing, dining and outdoor recreation destinations.
The first condominium residence in the Miami Design District has hit the market for nearly $10 million. Unit 2101 Fouquet's Hotel & Residences, Miami Design District has officially been listed for sale, marking a milestone for the new luxury mixed-use development. Priced at $9.985 million, the listing offers buyers the first opportunity to purchase within what will become the first-ever residential development in the Miami Design District.
Gioia Hospitality Group, the South Florida-based hospitality company co-founded by father-daughter duo Thomas and Kassidy Angelo, has officially signed a lease for a new restaurant concept at Aimco’s ultra-luxury development located at 560 NE 34th Street, Unit 101, Miami, FL 33137.
One Thousand Group, the Miami-based developer behind the city’s most iconic residential towers, and Minor Hotels, the Bangkok-based luxury resort owner and operator of Anantara Hotels & Resorts, have appointed ONE Sotheby’s International Realty as the exclusive sales firm for Anantara Miami Resort & Residences, the brand’s highly anticipated U.S. debut.
MIRAI Design District has signed Sant Ambroeus as a signature hospitality tenant, marking the heritage Italian brand’s second planned Miami location and further reinforcing the project’s position as a design-, hospitality-, and culture-driven destination within the evolving Miami Design District.
13th Floor Investments and Key International have officially launched sales for 619 Brickell by Nobu · Foster + Partners, marking Nobu's first-ever residential project in Miami. The development introduces a new paradigm of branded living centered on expert-led longevity, biohacking, and world-class hospitality.
The Bastion Collection’s sister concepts in Miami Design District, L’Atelier de Joël Robuchon and Le Jardinier Miami, will host two exclusive wine dinners this May, partnering with prestigious producers for a series of chef-driven tasting experiences: a Stag’s Leap wine dinner at Le Jardinier Miami on May 14 and a Versailles Wine Dinner in partnership with Domaine La Bouche du Roi at L’Atelier de Joel Robuchon on May 13.
Developers 13th Floor Investments, in partnership with Key International, have revealed Nobu Residences at 619 Brickell, Miami’s newest luxury residential development and the pioneer of a new class of branded residential offerings centered on longevity, biohacking, and hospitality. The project represented Miami's first branded Nobu Residences.
The 902-foot Okan Tower has reached 75% structural completion, with 50 of its 72 floors now in place. With construction crews ascending at the breakneck speed of one floor a week, the Hilton Hotel-anchored, tulip-shaped supertall tower is zooming toward the finish line with a top off anticipated for August.
One Thousand Group, the Miami-based development team behind the city’s most iconic residential towers, together with Minor Hotels, the Bangkok-based luxury resort owner and operator of over 630 properties across Asia, Africa, Europe, the Indian Ocean and the Middle East, have announced Anantara Miami Resort & Residences, marking the Anantara brand’s highly anticipated debut in the United States.
JEM Private Residences, the highly anticipated luxury residential tower developed by globally recognized real estate development and investment firm Naftali Group, has announced the addition of ITO•Kaya, a new Japanese dining concept from the team behind ITO, the acclaimed omakase restaurant, along with SunLife Organics, a Malibu-born wellness café, to the building’s retail space.
Riviera Dining Group (RDG), the hospitality group behind some of Miami’s most sought-after dining destinations, is set to debut HONŌ, a new modern Japanese steakhouse, lounge and rooftop set to debut later this year at E11EVEN® Club Hotel & Residences Miami, the first tower of an ultra-luxury, dual-tower development by PMG and E11EVEN Partners.
Miami’s Brickell Key is entering a new era with The Residences at Mandarin Oriental, Miami, an ultra-luxury development comprising private residences and a new hotel, following the successful demolition of the building that housed the city’s former Mandarin Oriental Hotel.
The Wagyu Bar, owned by butcher Meat N' Bone, is entering an exciting new chapter, expanding into a larger, upgraded space in Coral Gables perfectly suited for its unique blend of approachability and sophistication. Currently featuring limited reservations and first-come-first-served walk-in access, the restaurant is offering guests an early glimpse of what’s to come.
Poised to redefine the South Beach hospitality scene, UNFRAMED, Autograph Collection opened April 1 at 1685 Washington Ave in Miami Beach. The hotel — characterized by its striking architectural presence, an expansive rooftop pool and signature coastal French rooftop restaurant. 149 stylish guest rooms with balconies and outdoor terraces, and prime location in mid-South Beach — represents the first premium, lifestyle property to open in the last decade on Washington Avenue.
Allen Morris Co, developer of the Mediterranean-inspired luxury condominium Ponce Park in Coral Gables, has revealed that acclaimed Madrid dining institution Quintín Ultramarinos will open at the project in 2028. The highly anticipated restaurant will anchor the curated retail experience at Ponce Park, reinforcing the development’s vision of blending international lifestyle, design, and hospitality within one of South Florida’s most vibrant neighborhoods.
Miami Design District Associates (MDDA), Raycliff Capital, Fort Partners and Constellation Hotels Holding Ltd have announced that Miami Design Residences Designed by Chipperfield will introduce Fouquet’s Miami as the first luxury hotel in Miami Design District.
The Allen Morris Co., one of the most renowned real estate firms in the Southeast U.S., has officially broken ground on Ziggurat, its highly anticipated mixed-use development in the heart of Coconut Grove.
Midorie, the casual Japanese restaurant known for sourcing fish daily from Tokyo's Toyosu market, will open its fourth location in June at The Arcadian in Fort Lauderdale's Sistrunk District. The restaurant joins as the first in Broward County with existing locations in Miami's Upper East Side and Coconut Grove.
For more information about The Tony Hotel South Beach please fill out the form below:
Latest Posts
Ytech has unveiled 75 Broadway in Brickell: a 52-story collection of 106 homes from $3 million, designed by KPF with ACPV interiors and Enea landscapes. Completion is anticipated in late 2029.
Allen Morris Company and the City of Miami have outlined $5 million in commitments for Kirk Munroe Park and Fuller Street improvements, with work scheduled to start in January 2027.
Mast Capital and BH Group have announced Raffles Residences Coconut Grove, the brand’s first standalone residential development, with 35 homes from $4.5 million and architecture by Brandon Haw.
Fouquet’s Hotel & Residences, Miami Design District has unveiled more than 40,000 square feet of amenities designed by RDAI, the Paris-based studio behind Hermès stores worldwide. The 143-residence development pairs rooftop leisure and wellness spaces with direct access to an 85-key Fouquet’s hotel.