NewStar Realty specializes in finding property that meets this need, and then assists the developer with the sale and marketing of the units. Historic hotels in the district average 50 rooms. The smaller hotel is very popular with our tourists, who prefer its Bed and Breakfast charm, combined with hotel amenities. Retail and office income property on South Beach comes at a premium. This phenomenon is due in part to the shortage of office space in South Beach.
South Beach is a preferred address for the modeling and entertainment industry.