Casa Boutique’s central location offers immediate access to the area’s premier leisure demand drivers, including the beach, Ocean Drive, Collins Avenue, Lincoln Road, and Miami Beach’s extensive dining, nightlife, retail, and cultural amenities. Originally constructed in 1925 and comprehensively renovated in 2017 through a capital program exceeding $3.5 million, the Hotel offers a differentiated combination of historic character, updated physical plant, and irreplaceable urban-infill location. The Property is well positioned to capitalize on favorable Miami Beach lodging fundamentals, supported by continued ADR growth, resilient year-round leisure demand, and the market’s high barriers to new supply. In addition, the Hotel benefits from proximity to major regional and international demand generators, including Miami International Airport and the Port of Miami, further reinforcing the depth and diversity of its customer base.