If travelling to Miami on a budget the new Jazz on South Beach hostel at 321 Collins Ave is a good bet. It's close to the beach and has ensuite bathrooms.

It was formerly the Hotel Atlantica, but was converted into a hostel recently. It's in a quiet section of South Beach Miami, but is still within walking distance to the clubs.

321 Collins Avenue.
www.jazzhostels.com/jazzsouthbeach_new.html

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