Stayed here for four nights as part of our honeymoon trip to Florida. Overall, this is a chic boutique hotel and the reality matches up to the descriptions and photos on the website. The lobby and bar areas are very calm and stylish and the staff are incredibly hospitable and helpful. Rooms are small, but not excessively so and certainly more than adequate by European standards and are clean and very stylishly appointed.
The location is at the 'right' end of Ocean Drive away from the nosier bars and clubs and tucked away from the tourist traps. Turn left out of the hotel and you are at the beach bars and famous hotels of South Beach and immediately behind the hotel, you are on the shopping streets of Washington and Lincoln. All in all it's a great location which offers the best of all worlds, however, it does lack the South Beach vibe and pool scene of some of the better known hotels such as the Delano or the W. The pool here, though nice, is essentially a small courtyard with no views and no music/scene to speak of so those looking for that vibe would be better off elsewhere.
Other criticisms are that, during a four night stay, the rooftop bar was closed for private functions for two - a shame that residents are denied access to such a key feature. Also, we dined one evening at the much vaunted BLT restaurant and found it to be somewhat over-hyped and very over-priced. They food and service were very good, but steak and chips is steak and chips and at $250 for two with no starters (or puddings) and half a bottle of wine, it's hard not to feel a little mugged. The same meal in any major city like London, New York or Paris would have cost half as much, but then again you don't come to Miami for a bargain.
All in all, this a proper boutique hotel with an intimate feel and excellent customer service and stylish surroundings. It's easily the best on Ocean Drive, but perhaps lacks some of the pool/beach side amenities that other South Beach hotels offer.