With Mondrian South Beach, Morgans Hotel Group has made a pioneering move away from the bustle of Miami Beach’s oceanfront tourist center to the fashionable, growing neighborhood of Biscayne Bay. The Hotel Residence is built on a prime waterfront location and provides breathtaking views of the Atlantic and downtown Miami. Starting at $400,000, Mondrian South Beach consists of 342 studios, one and two-bedroom apartments and penthouses. It will combine the most exhilarating design elements of a fantasy modern getaway with all the comforts and conveniences of home. Facilities will include a state-of-the-art spa and gym, a world class, five-star restaurant, a dynamic nightlife experience, stylish event spaces and private VIP boat slips for yachting and boating trips. The residences may be bought or rented, offering guests the flexibility of a vacation or an extended stay, and providing apartment owners with potential income between visits.