Set expectations before you walk over, because the building gives nothing away from the pavement.
There is no public lobby. The Carlyle is residential. The entrance is for owners, their guests and staff. Walking in to look around is not a thing that happens, and the door staff on Ocean Drive are used to people trying.
There is no bar, restaurant or rooftop. Several Ocean Drive deco buildings do have publicly accessible lobbies and terraces — this is not one of them.
There is no tour of the interior. The Miami Design Preservation League's walking tours cover this stretch from the street, which is the right way to see it, and they go inside a selection of buildings that welcome visitors. The Carlyle is not among them.
Individual residences do appear on short-term rental platforms from time to time, which is a matter for the listing and the building's own rules rather than something this page can confirm. If staying inside the building matters to you, verify the listing against the current condominium policy before booking.
None of that makes it a poor stop. It makes it a two-minute stop, best combined with the walk north along Ocean Drive rather than treated as a destination of its own.