The W South Beach and the Gansevoort Hotel are debatably the most popular Miami Beach condos for the time being but that may be changing very soon. The same way that Miami Beach evolves every day, there’s a new building that may become the next place to be on the weekends.

Next month the Hotel Indigo will become the newest of the Miami Beach hotels, giving those two aforementioned Miami Beach condos a run for their money and occupying the space once designated for the now defunct Bel Aire. Also like the Gansevoort South Beach and W South Beach, the Hotel Indigo is already a well established name but offers something a bit different.

Unlike the vast majority of Miami Beach condos that offer hotel suites, the Hotel Indigo’s rates will be surprisingly inexpensive starting at less than $150. Some of the highlights in terms of amenities include a swimming pool, complimentary Wi-Fi, a Starbucks on the premises and even a seafood bistro known as Catch 10. Details are still scarce but Hotel Indigo may end up being yet another reason to stay in Miami Beach.