A Landmark Sale at One of Miami’s Premier Condo Hotels
MAK Realty continues to make waves in Miami’s luxury real estate market with Managing Director Carlos Pena’s recent $1,135,000 condo sale at The W South Beach. The property, situated in one of Miami Beach’s most sought-after developments, underscores MAK Realty’s deep expertise in Miami’s high-end condo-hotel sector, a segment that continues to attract both lifestyle buyers and global investors.
The sale at The W reflects a growing trend among discerning buyers who seek the flexibility of ownership paired with the amenities of a five-star resort. With ocean views, world-class service, and a prime Collins Avenue location, The W South Beach remains one of the most desirable destinations for those looking to combine investment potential with the Miami Beach lifestyle.
MAK Realty’s Expanding Footprint in Miami
The recent transaction also coincides with the expansion of MAK Vacation Rentals, the company’s short-term rental division and sister brand to MakRealty.com. Already established as one of the top-performing operators at the Fontainebleau Resort, MakVacation is now adding select luxury suites at The W South Beach to its exclusive portfolio.
This strategic move marks an important milestone for the company. By managing high-end luxury vacation rentals across both iconic Miami Beach properties, MAK is uniquely positioned to offer guests, and investors, a consistent standard of excellence across multiple world-class destinations.
“The W South Beach represents everything that defines modern Miami living,” said a company representative. “The combination of design, location, and lifestyle creates a perfect alignment with our brand. Expanding our operations there was a natural next step.”
The Rise of Miami’s Condo-Hotel Market
The W South Beach is part of a growing category of condo hotels in Miami, properties that blend residential ownership with hotel management and amenities. Miami has become one of the leading global markets for this model, attracting investors seeking both income and lifestyle flexibility.
Condo hotels allow owners to use their residence part of the year while the property generates rental income through professional management when not in use. It’s a hybrid ownership structure that offers the best of both worlds: a luxurious personal retreat and a hands-free investment.
Demand Driven by Tourism and Lifestyle Shifts
Miami continues to experience record tourism numbers and sustained international demand, both of which are driving the condo-hotel boom. With an expanding population of remote professionals and second-home owners, the need for flexible-use properties is only increasing.
The city’s luxury real estate market also benefits from the influx of buyers relocating from high-tax states like New York and California. Many of these buyers view condo hotels as a practical entry point into Miami’s high-end property market, one that combines effortless ownership with access to resort-style amenities.
At The W South Beach and Fontainebleau Resort, this means instant access to oceanfront pools, private cabanas, world-class dining, and on-site spas, all managed to five-star standards. These amenities enhance property value and attract guests willing to pay premium nightly rates for short-term stays.
Planning a Stay or Exploring Ownership
For travelers looking to experience Miami’s finest accommodations firsthand, MakVacation offers direct bookings at premier properties, including the Fontainebleau and The W South Beach. Guests can enjoy the same attention to detail that MAK Realty brings to every real estate transaction.
Those planning their next visit can also explore itineraries through TravelPal.ai, an AI-powered travel planning tool that curates personalized Miami experiences, from beachfront dining to private yacht charters.
Disclaimer: Written in partnership with APG.
