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1614-6 Various Miami Beach THU MAR 13 1986 ED: THREE-STAR SECTION: INSIDE PAGE: 8A LENGTH: 09 . 17" SHORT ILLUST: Waldorf Towers has reopened SOURCE: LYDA LONGA Miami News Correspondent DATELINE: MEMO: WALDORF HOTEL RETURNS TO LOOK, SOUNDS OF ' 38 Balmy ocean breezes blew gently in the night as a sleek, black, 1942 Rolls Royce slipped quietly to the front of the hotel. Inside, was the Art Deco aura of mellow pastel -- pinks, greens, blues and yellows. Tall, sleek blonde flappers waltzed on the pink-and-green terrazzo floors of the lobby. Partygoers sipped tall fruity drinks as jazz tunes played. It was the grand re-opening bash at the Waldorf Towers Hotel in Miami Beach, with the look, feel and sounds of 1938 . That ' s how hotel owner Jerry Sanchez wanted it. "I attended a Miami Beach Development Corporation meeting last April and they showed me this property, " Sanchez, 44 , said. "I was convinced that this area could be made to look as great and beautiful as it did in the 30s, so I bought the hotel and started working on it. " Sanchez, who also owns the Polonia Restoration Company -- specializing in the restoration of historic sites and old buildings -- has just completed a $1 million restoration of the 48-year-old Waldorf, at 860 Ocean Drive. The hotel officially opens tomorrow. Sanchez said that he bought the hotel in October for $430, 000, closed it and immediately began restoring it. Last night, more than 350 people came to see the results. The hotel has 46 rooms with nightly rates ranging from $50 to $95 . Suites go for up to $150 a night, said general manager, Ariel Iglesias. Miami Beach Commissioner Bruce Singer, who was among the partygoers, termed Sanchez ' s efforts with the hotel "fantastic. " Commissioner Stanley Arkin said he hoped the new Waldorf and other hotels like it will help attract young people to the Ocean Drive area. "Refurbishing the Waldorf was a challenge for me, " Sanchez said. "Anyone can make a new building look beautiful, but not everyone can restore the past and make it look so beautiful. " ADDED TERMS: opening mb hotel END OF DOCUMENT.