Compass takes over presales of 6080 Collins condo-hotel

Miami /
Apr.April 06, 2017 03:45 PM

Douglas Elliman is out and Compass is in at 6080 Collins Avenue Beach House, a 70-unit condo-hotel under construction in Mid-Miami Beach.

Compass agents Melissa Rubin and Pavel Gonzalez just took over presales of the project, which is 60 percent sold to buyers from Europe, New York and South America, Rubin told The Real Deal. It has an estimated $30 million sellout.

A joint venture between Urbis Real Estate and Domus Group, led by Flavio Rossato and Pablo Hoberman, is developing the six-story project at 6080 Collins Avenue. It launched sales in June 2015, and prices range from $300,000 for a studio to just over $500,000 for a one-bedroom. Units will range in size from 337 square feet to 600 square feet, plus terraces.

Compass has more than 100 agents in Florida, and brought on heavyweight Ben Moss in January. The tech-oriented brokerage launched in South Florida when it opened an office at 605 Lincoln Road in August 2015. The 6080 Collins project marks one of the first preconstruction developments it’s handling exclusively in South Florida.

In a statement to TRD, Douglas Elliman Florida CEO Jay Parker said the firm wishes the developers “all the success with their remaining inventory.”

Buyers can put their units into a management program run by the Eskape Collection, or rent their units independently. Eskape specializes in managing single-family and boutique properties, including 1215 on West and 1818 Meridian House, both in South Beach. Units at 6080 Collins will be fully furnished, and will come with beach service, access to a rooftop pool, gym, concierge and valet, Rubin said. Starbucks will lease the 1,200-square-foot ground floor retail space.

Rubin said the project is also appealing because of the demand for properties that can be rented on a short-term basis as cities like Miami Beach and Miami crack down on illegal short-term rentals.

Construction workers are completing the first floor of the building and plan to top off in June. Property records show 6080 Collins LLC paid $3.5 million for the 20,000-square-foot development site in 2013. The company took out a $9.5 million mortgage from a British Virgin Islands lender about a year ago.


Related Articles

arrow_forward_ios
I’ll take it: David Martin sells waterfront Miami Beach home to his listing agent
I’ll take it: David Martin sells waterfront Miami Beach home to his listing agent
I’ll take it: David Martin sells waterfront Miami Beach home to his listing agent
Nancy Batchelor (Compass)
Nancy Batchelor joins Compass after 20 years with EWM
Nancy Batchelor joins Compass after 20 years with EWM
Eighty Seven Park and the lot where the Champlain Towers South once stood (Douglas Elliman)
Italian investor sells Eighty Seven Park unit to hedge funder in first closing since deadly condo collapse next door
Italian investor sells Eighty Seven Park unit to hedge funder in first closing since deadly condo collapse next door
Jorge Perez and Jon Paul Perez with a rendering of Solemar (Related)
Related scores $91M construction loan for luxury condo tower in Pompano Beach
Related scores $91M construction loan for luxury condo tower in Pompano Beach
AIMCO founder Terry Considine and a rendering of the Grand Flamingo tower
Miami Beach board rejects Aimco’s proposal for Grand Flamingo tower
Miami Beach board rejects Aimco’s proposal for Grand Flamingo tower
Michael Lawler, Howard Lorber and Jay Parker (Getty)
Douglas Elliman expands to Naples, brings on top Sotheby’s agent Michael Lawler
Douglas Elliman expands to Naples, brings on top Sotheby’s agent Michael Lawler
Robert Finvarb and Abraham “Abie” Hidary with the site at 2534 North Miami Avenue (Koniver Stern Group)
Hidrock Properties, Robert Finvarb pay $13M for Wynwood site
Hidrock Properties, Robert Finvarb pay $13M for Wynwood site
Aventura Mayor Enid Weisman (Facebook via Weisman, Getty)
Aventura votes to require HOAs to submit critical reports within 48 hours
Aventura votes to require HOAs to submit critical reports within 48 hours
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...