South Street Partners has acquired Solé Miami, a 249-key oceanfront condominium hotel located in Sunny Isles Beach, Florida. The seller was Mast Capital, which previously purchased the property in 2021 for $4.9 million. Berkadia professionals Christian Charre and Paul Weimer negotiated the transaction on behalf of Mast Capital.
The 24-story Solé Miami operates as a full-service resort property with both ocean and city views. The hotel is managed and operated by Noble House Resorts, which oversees day-to-day operations and guest services. As a condominium hotel, the asset combines hospitality use with individually owned units, positioning it within the resort segment of the hospitality sector.
Solé Miami offers a range of on-site amenities that support both leisure and group demand. Meeting facilities include five indoor and four outdoor venues designed to accommodate a variety of events. The property also provides four on-site food and beverage outlets and a market, adding multiple dining and retail options for guests and visitors.
Wellness and recreation features at the hotel include a fitness center equipped with a steam room and sauna, as well as an oceanfront pool. Guests have access to a beach area with umbrellas, private beach service, and dune and beach dining options, reinforcing the resort-style positioning of the asset along the Sunny Isles Beach waterfront.
Following the acquisition, South Street Partners plans to elevate the resort’s offerings through a program of upgrades. The initial focus will be on enhancements to guest rooms and common areas, with additional improvements to follow. These planned updates indicate an emphasis on improving the overall guest experience and potentially strengthening the property’s competitive profile within the local hospitality market.
South Street Partners is active as an operator of private residential club and resort communities across the United States. Its portfolio includes well-known destinations such as Kiawah Island, Palmetto Bluff, The Cliffs, and Barnsley Resort, among others. The addition of Solé Miami expands the firm’s presence in the resort and hospitality space while maintaining its focus on lifestyle- and experience-driven properties.
