A private room for around $120 a night in the middle of Miami Beach? Believe it. When it comes to fashionable hospitality on a budget, the Freehand, located in the historic Indian Creek Hotel, more than delivers. Central location? Check. Clean rooms? Check. Award-winning bar? Check. A block from the beach? Check. A restaurant worthy of the hype? Check. Don't let the hostel environs scare you away. Yes, there are shared dormitories, which go for as low as $20 a night during the summer, but if you're wary of that arrangement, private king and queen suites are also available (from $160 to $190). If you're heading to Miami Beach or planning a staycation with a group of friends or large family, consider the quad rooms or bungalow spaces (around $200) that offer bunk beds with privacy screens for when you've had enough of the dad jokes. And don't worry: Both the quad and Super 8 dorm-style rooms have en suite bathrooms — in fact, the shared Super 8 spaces have two — so you have to fight for shower time only with your roommates and not the entire floor. The Freehand's outdoor spaces are the hostel's best feature. The James Beard Award-nominated Broken Shaker spills into the courtyard and small pool area, which though not as impressive as some of the water features at nearby luxury hotels, still draws its fair share of beautiful people taking in the Miami Beach sun.