$8 million buys Belleview Biltmore

BELLEAIR — The new owner of the Belleview Biltmore said his group paid a little more than $8 million to buy the hotel and its assets.

The hotel's assets include the historic Biltmore, its 136-acre golf club on Indian Rocks Road and the Cabana Club on Sand Key.

Raphael Ades, a Miami investor, said he plans to work full time after the new year to deal with the hotel's roof problems and improve the golf club.

A lien was filed by the town of Belleair last year after the owner was fined for the hotel's dilapidated roof

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