As Frank Sinatra rings in a new year in the grand ballroom of Miami Beach's most luxurious dream palace – the Miramar Hotel – its visionary leader, Ike Evans, must deal with the Mob, his complicated family and a city in the midst of dramatic change as Fidel Castro takes control of Cuba, just 200 miles offshore. By day the hotel at the center of "Magic City" is all diving clown acts and cha-cha lessons by the pool, but at night Miami Beach reveals a darker truth. Dopers, dealers, strippers, gangsters and those who arrest them drift together to hear the top nightclub acts perform. Just beneath the surface, racial tensions stir. Ike must deal with all of this, even while global intrigue is brewing right under his roof. Ike and Ben's future rests on the outcome of the gambling bill; Klein considers Ike's offer regarding the Butcher; the end approaches for Stevie and Lily; Vera is overwhelmed with grief. Ike's deal to run the Havana hotels hurts his ties to Victor. Stevie starts a new job with Ben. Klein swears to destroy Ike as passage of the gambling bill nears. Sy Berman arrives in Miami. Stevie's sex and booze-soaked deejay convention takes over the hotel. Mercedes makes a revelation to Vera. Ike's plot to fix the Cuban lottery begins. Ben seeks revenge in the wrong places. Ike and Meg grow close as Meg uses connections to fight the gambling bill. Vera must face reality about her dancing future. Danny's world roils due to the busted arms deal. Ben makes Stevie an offer. Ike makes mob boss Sy Berman a risky offer - Havana for the Miramar Playa. Danny commits to Jack Klein and learns the truth about Ben Diamond. Ben ruins an arms deal with the Cubans, with tragic results.