FIRST TIME ON THE MARKET Independently owned and operated by the same owner for 28 years This is a rare opportunity to acquire a 159-room portfolio comprising 3 adjacent hotels in the heart of the exciting South Beach Art Deco District, close to vibrant restaurants, shops, and nightlife. The Penguin Hotel offers 46 guest rooms on Ocean Drive facing Lummus Park and the Atlantic Ocean, and the President Hotel & the President Villa offer 113 guest rooms on Collins Avenue (A1A) with a rooftop pool, 10 parking spaces and retail space. The hotels are independently owned and operated, and are offered fee simple and unencumbered by brand or management, affording a new owner maximum flexibility in a popular beach destination which attracts millions of visitors each year. Penguin Hotel, 1418 Ocean Drive • 46-room hotel with liquor license • Penthouse with oceanfront terrace The President Hotel, 1423 Collins Avenue • 64-room hotel with bar and liquor license • Penthouse rooms with private terrace The President Villa, 1425 Collins Avenue • 49-room hotel with pool, parking, and retail • Balcony rooms and penthouse terrace suites