A French hotelier has acquired the Kimpton Angler’s Hotel in Miami Beach for $43.5 million, marking one of the most expensive hotel deals in Miami Beach to close in 2025. The transaction equates to $330,000 per key and was financed with a $23.5 million loan from Interaudi Bank.

The Kimpton Angler’s is a 132-key hotel featuring two pools and three food-and-beverage outlets. The buyer plans to renovate the property, elevating the design, service, and overall guest experience to align with the luxury standards of his other hotels. It underwent an expansion in 2018 and the buyer plans to renovate and manage the property.

Per public records, the hotel was purchased by Hotels Investment and Management Team LLC, an entity tied to Philippe Le Guennec and his Paris-based hotel collection, Hotel Saint-Louis. This marks Philippe’s second hotel acquisition in Miami Beach. He previously purchased and sold, Hotel St. Augustine in Miami Beach with Gale and now plans to operate the hotel as part of his growing hospitality brand.

The buyer was represented by Susan Gale of Gale International at ONE Sotheby’s International Realty alongside attorney Chad Freedman of Ballaga, Freedman & Atkins. Alex Lalos of Hodges Ward Elliott represented the seller.