One Sotheby’s takes over remaining sales at Cassa Brickell

The 80-unit, 10-story building is 85% sold

TRD MIAMI /
May.May 26, 2017 02:30 PM

Cassa Brickell (Inset: Lourdes Alatriste, left, and Saddy Delgado, right)

UPDATED May 26, 4 p.m.: One Sotheby’s International Realty agents Lourdes Alatriste and Saddy Delgado are taking over the remaining sales at Cassa Brickell.

TSG Paragon Development completed the 80-unit, 10-story building at 201 Southwest 17th Road, in October. It’s nearly 85 percent sold, managing director Camilo Lopez said.

A spokesperson for TSG said the Carroll Group at Douglas Elliman previously handled sales. However, Chad Carroll told The Real Deal that was it was just two agents on his team who had the listings for two or three units. Douglas Elliman Florida CEO Jay Phillip Parker told TRD that the only project Elliman has in the Brickell market is One River Point.

“Both companies are really good companies,” Lopez told TRD, adding that while he has good relationships with both, One Sotheby’s “has a better connection to Latin America and Europe.”

One Sotheby’s and Elliman often compete for the same projects. Last summer, Elliman took over sales and marketing of the Ritz-Carlton Residences, Miami Beach from Premier Sales Group and One Sotheby’s, both of which were handling sales in some capacity.

Cassa Brickell was built southwest of Brickell’s financial district, and lies near other new developments including Atton Brickell Miami and Le Parc.

Of the 80 units at Cassa Brickell, 14 remain, according to Lopez. Three of those are penthouses, Delgado said.

The penthouses range from 927 square feet to 1,309 square feet, and from $652,000 to $799,000. Features include 11-foot ceilings, Italian kitchens and Bosch appliances. The remaining units range from 400 square feet to 798 square feet, and range between $520 per square foot to $650 per square foot.

The condo tower was designed by architect Carlos Ponce de Leon and includes a rooftop vegetable garden, an infinity pool and fitness center. The development also features unique “air houses” that act as houses within towers – complete with open terraces as large as 1,400 square feet.

Delgado and Alatriste aim to sell out the building over the next three to six months.

“They’re easier to sell because they’re unique units; most of them are very different. It’s a nice pitch for Brickell,” Delgado said. “It’s not on the main street. It’s set aside from the residential area, so there’s a quietness about it.”

The One Sotheby’s team aims to get buyers from Latin America, as well as locally.

“We’re getting locals, young professionals, young families, doctors in their 30s, who make good money, who want to be close to everything,” Delgado said. They’re also planning to market the remaining units to buyers in Canada and China.

Alatriste and Delgado were also recently brought on to sell out the remaining $21 million of inventory at TSG’s Ofizzina, a 16-story office-condo project in Coral Gables.


Related Articles

arrow_forward_ios
La Social’s original location at 7601 Biscayne Boulevard (Credit: Google Maps)

The Weekly Dish: La Social to open in downtown Miami, Salt & Straw is going to Wynwood 25 & more

Rendering of Virgin Hotels Miami and Richard Branson (Credit: Getty Images)

Richard Branson’s Virgin Hotels unveils plans for first Miami hotel, co-living included

Daily Digest Miami

PurduePharma family behind office purchase in downtown West Palm, Dwyane Wade wants out of Miami Beach manse: Daily digest

Babylon Apartments and Francisco Martinez-Celeiro (Credit: Google Maps and Wikipedia)

Showdown in Miami? Spaghetti Western star loses Brickell upzoning battle

Jay Parker and Howard Elfman and Riva condos

Fort Lauderdale broker accuses Douglas Elliman’s Jay Parker of reneging on commission agreement: lawsuit

Brickell House and Harvey Hernandez

Brickell House condo association scores $41M over failed parking garage

Rendering of the Brickell hotel development, Tony Cho and Robert Finvarb

Finvarb and Cho land construction loan for mixed-use hotel near Brickell City Centre

Rendering of Brickell 12 and Santiago Vanegas

Habitat Group buys land for new west Brickell project

arrow_forward_ios