The Marlin Hotel in South Beach, which is home to a recording studio that has seen the likes of Jay-Z and U2, just traded hands for $9.5 million.
The Art Deco hotel was built in 1939 and has roots in the music industry. It was the first hotel owned by Chris Blackwell, who founded Island Records — the label that signed Bob Marley.
It also houses South Beach Studios, where Aerosmith and Pharrell Williams, among many others, have recorded their music. It’s a “home away from home” for performers, according to a press release.
The building, at 1200 Collins Avenue, was designed by Miami Beach architect L. Murray Dixon, who also worked on The Temple House in South Beach, which was listed for $19.9 million in February. The Marlin Hotel was renovated in 1991 and again in 2011, and now includes smart technology in all the rooms.
Jeffrey Cohen and Luigi Mercurio of Esslinger Wooten Maxwell represented the seller, Mario Valadare Costa, who purchased the property in 2009 for $5.5 million, according to Miami-Dade County property records. Jason Zarco of EWM represented the undisclosed buyer.
“This hotel, with its stunning architecture and storied past, is a jewel on the South Beach landscape,” Zarco said in a statement. — Sean Stewart-Muniz