Stayed here with a colleague for one night in November 2012, prior to a conference at Doral. The room was very, very spacious: bathroom, living area, 2 beds, and windows onto the street and on the side. The hotel is very convenient to everything that South Beach offers - 1 block to the beach, and there is an excellent Italian restaurant, Spiga, just next door.
The room was recently renovated to a nice finish, very comfortable and clean, even though not luxurious. The price of the room seemed to be a little on the high side, but as mentioned, there was plenty of space, and I know that hotels in the area can be very expensive for what you get, so I would think that this hotel provides good value.
I made the reservation by phone, and spoke with Ros, the manager, who made me feel very welcome. Overall, the service at the hotel was excellent! I recommend this hotel!