The good:
Amazing view from the balcony at the cruise ships port and at the downtown, especially in the night. This of course depends on where your room is facing.

The bad:
1. Very bad water pressure in the shower.
2, Wi-Fi is not free, contrary to what is now considered customary at hotels, and when we tried to pay for Wi-Fi, the online payment system was rejecting our Wi-Fi registration requests, so, had to manage without any Wi-Fi.
3. The room was reserved for 4, but towerls, cups, etc. were supplied only for 2.

I was booked into this hotel for 2 nights preceding a cruise out of Miami with my wife. My flight arrived quite early into MIA so I called the day before to request an early check-in; when I got there (before 10 AM) my room was ready. This was amazing.
Room was spacious with a small balcony overlooking the pool (which is still under construction/renovation) and a partial view out to the bay. Mostly the view was to the building next door.
Staff is friendly and helpful, although sometimes the lines at the front desk got long. It seems as if nearly everyone staying here is either pre- or post-Cruise, or airline personnel. This explains the rush at the front desk at certain times.
The location is a mixed bag. There is not a whole lot right around the hotel; South Beach and Brickell District are not walkable. It is a very short ride to the Port of Miami, though, and there is a mini-mall connected to the hotel with restaurants, shops, a mini-grocery, etc. It is possible to walk along the bay or to walk across the Venetian Islands as we did.
I would stay here again. Once the pool is open again it will be even better; right now, guests have access to the pool at the hotel next door.