A one-bedroom residence at 1 Hotel and Homes on Miami Beach just closed for $1.345 million ($1403 a foot).
The 959-square-foot unit is equipped with the 1 Hotel furniture package designed by Debora Aguiar, with light wood floors, white kitchen cabinetry, and light neutral tones throughout.
"Centered in the heart of South Beach, steps from Miami's best restaurants, cultural centers and retail boutiques, 1 Hotels and Homes is a prime location for buyers seeking an authentic South Beach lifestyle," says broker Jeff Miller of Brown Harris Stevens.
The unit was listed for as high as $1.695 million in late 2015.
This past summer, we learned the popular and pet-friendly hotel was being shopped, and could potentially bring in over $1 million a key.