| The Clinton hotel sells |
|---|
JEAN LOUIS DELBEKE OF SOUTH BEACH INVESTMENT REALTY
SELLS THE CLINTON HOTEL AND SPA IN MIAMI BEACH
MIAMI BEACH,FL - (June 14, 2007)- With a 6-month negotiation, The Clinton Hotel & Spa on Miami Beach sells for 19 Million.
Jean Louis Delbeke of South Beach Investment Realty, says "With a net operating income like this one,
it was the best deal on South Beach!". The Clinton Hotel & Spa formerly owned by Clinton Hotel
Investors was purchased by East Coast Realty Ventures.
Newly opened in 2004 and located at 825 Washington Avenue, Miami Beach, The Clinton Hotel's historical Art Deco exterior gives
no hint of its ultra-contemporary interior. Designed by french achitect Eric Raphi, this ultra-cool hotel boasts 89 rooms,
5 street-front
commercial spaces, meeting / event facilities, a fitness center, outdoor fitness pool, reflecting pool,
an Award
winning restaurant, a full-service Spa, pool & lobby bar...
Diane Lieberman, owner / Broker of South Beach Investment realty says "This is just one of the
many hotels that we will be selling in 2007".
South Beach Investment Realty is located at 1680 Meridian Avenue, just off Lincoln Road in Miami Beach. SBI Realty specializes
in selling condominiums, waterfront homes, luxury properties and commercial real estate investments
throughout Greater Miami &
the beaches. For more information contact Jean-Louis Delbeke
at 305.305.0660 or visit the website
www.jldmiami-realestate.com
Contact: Jean-Louis Delbeke
Real Estate Broker
1653 Collins Ave.
Miami Beach, FL 33139
305-305-0660
jldmiami@bellsouth.net
