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It’s nice to see that not all those restored Deco darlings along Ocean Drive are destined to become absurdly pricey. Built in the late 1930s as one of the first hotels designed by Miami Deco doyen Henry Hohauser, this is now an attractive deal both physically (conserving yet updating its distinctive period look in recent renovations) and fiscally (starting at less than $100 a night). Behind the famous blue-neon Colony sign, you’ll find 4-dozen spiffy little rooms with all the necessary mod cons (including nice big flatscreen TVs), a front-lobby bar, and the Columbus restaurant specializing in Italian. All in all, eminently worth colonizing.