Typical Miami, the property values escalate to the point where a business can't afford to stay in business, even after 69 years, because the owners can make far more money selling out to some speculator who will raze the old building and erect a new taller mixed use (retail and residential) building.

Story at: http://www.miaminewtimes.com/restaurants/foxs-sherron-inn-closing-its-sad-but-its-a-reality-7737506