South Beach Group Purchases Prime Property in Famed Mid-beach Miami
April 17, 2012 - South Beach Group hotels owner, Alan Lieberman, is expanding his boutique hotel empire to Mid-beach - the area known as Fontainebleau and Eden Roc territory.
“Mid-beach is just as gorgeous as its more famous sibling, South Beach,” said Lieberman. “I want to provide outstanding, affordable accommodations in an area that is known for its exclusivity.”
With the property's close proximity to famed Millionaire's Row, South Beach Group's latest purchase will soon be the go-to vacation spot for people searching for more than just partying 24/7 in South Beach.
The vacant hotel building at 3720 Collins Ave. was purchased for $6.75 million and a planned $15 million renovation of the property, which was built in 1937, is to follow.
Lieberman is continually on the lookout for well-located properties and is currently looking into purchasing his first ocean-front property in the immediate area surrounding Croydon Arms.
About South Beach Group Hotels:
The South Beach Group is an established boutique hotel chain in Miami, known for trendy hotels at affordable prices. With options ranging from a simplistic economy-style room, to a full-fledged extravagant suite, the South Beach Group can cater to the preferences of any given traveler. South Beach Group's properties are located in the heart of Miami Beach and provide guests with complimentary shuttle service to and from Miami International Airport, a nightly courtesy cocktail hour, free Wi-Fi, and VIP club passes to the hottest venues in South Beach.
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
