Miami’s biggest hotel deals of the year were $200M teardowns

South Florida’s biggest hotel trades of 2025 were led by three nine-figure deals for waterfront and resort properties, as investors bet on continued strength in luxury leisure and Miami’s urban hospitality market despite rising financing costs. The 10 largest sales totaled more than $960 million, with buyers ranging from institutional firms, global hotel investors, local developers and mission-driven nonprofits.​ The combined sales volume dipped significantly compared to last year when the top 10 hotel deals of 2024 combined for $1.5 billion.  1. $205M | Silver Sands Beach Resort | Key Biscayne David Martin’s Coconut Grove-based Terra and Edgardo DeFortuna’s Miami-based […]This article originally appeared on The Real Deal. Click here to read the full story.