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    BLDUP Newsletter

The Balfour Hotel Update 09/30/22

The Balfour Hotel In Miami Acquired for $39M

The art deco hotel located at 350 Ocean Drive in the South Beach Miami neighborhood recently sold for $39M. The 42,206-square-foot hotel was originally built in 1940 and reopened after a recent renovation in 2021. The hotel offers 81 boutique rooms.

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