Lon Tabatchnick

Margaritaville Hollywood Beach Resort Sells For $127M

Margaritaville Hollywood

Margaritaville Hollywood

Margaritaville Hollywood Beach Resort has sold for $127 million to KSL Capital Partners, according to The Real Deal.

The 17 story hotel was built on 5 acres by Lon Tabatchnick and Starwood Capital Group and has 349 hotel rooms. Construction was completed in November 2015.

Construction photos of Margaritaville Hollywood Beach Resort can be viewed here.

Margaritaville Hollywood Beach Resort Officially Open

Margaritaville Hollywood Beach Resort

The 17 story Margaritaville Hollywood Beach Resort is now officially open with Jimmy Buffett giving a free concert on Saturday.

The resort has 349 rooms and cost $150 million. 

Construction photos can be seen here.

Margaritaville Hollywood Beach Resort Near Completion

Margaritaville Hollywood Beach

Margaritaville Hollywood Beach

Nearing completion in Hollywood Beach is Margaritaville. The 17 story resort with 349 rooms cost $175 million to build. 

On October 1, Margaritaville will begin taking reservations with a special nightly rate of $197.70. Jimmy Buffett himself visited the property last week.

Previous construction photos from almost a year ago just before topping out can be seen here.


Margaritaville Resort Hollywood Construction Photos

Margaritaville Beach Resort Hollywood

Since topping off in October, Margaritaville Resort Hollywood is on pace for opening in Summer 2015. 

The three cranes have been removed from the site and painting has been done to the exterior on the West side of the building. 

The 17 story building is being developed by Lon Tabatchnick.

Margaritaville Resort Hollywood Close To Topping Out

Margaritaville Hollywood Beach

Located on Hollywood Beach, Margaritaville Resort will be a 349 room hotel that will rise 17 floors. 

The project is being developed by Lon Tabatchnick and the architect is Adache Architects. The contractor is Coastal Construction and Tischman Construction. 

The cost of the project is $147 million and sits on 5 acres of land. 

Margaritaville Resort will open in Summer of 2015.