Nautilus South Beach Hotel Listed For Sale
The Nautilus South Beach is listed for sale and could fetch up to $180 million, according to The Real Deal.
Built in 1950 in the style of Miami Modern (MiMo), the Nautilus Hotel was designed by famed architect Morris Lapidus. In 1985, the named was changed to Riande Continental Hotel under new ownership.
The current owner, Quadrum Global, purchased the property in April 2011 for $61 million where it underwent extensive renovation and converted the name back to Nautilus Hotel.