Compass tapped to handle sales of boutique mixed-use development in Naples

The development, called SoCe Flats, is designed with 4,500 square feet of commercial space and 18 hotel residences, priced from $575,000

Miami /
Aug.August 18, 2018 01:30 PM

SoCe Flats rendering (Credit: Compass Florida | Naples Daily News)

The developer of a boutique residential and commercial project in Naples retained brokerage firm Compass Florida to handle sales and marketing for the property.

Compass, which recently opened an office in Naples, will handle SoCe Flats, a development with 4,500 square feet of commercial space and 18 hotel residences priced from $575,000.

The site of the mixed-use SoCe project is 101 Eighth Street South in the Olde Naples section of the city, walking distance from the beach and high-end stores and dining spots at the Fifth Avenue South promenade.

SoCe Flats will become part of “an extension of Fifth Avenue within the next few years,” Joe Belz, the founding agent of the Compass office in Naples and the agent representing the developer, Mike Assaad of Waterside Builders, Inc. Compass will handle the SoCe project through its development division.

Designed by Naples architect Matthew Kragh, SoCe Flats has one-and two-bedroom units ranging in size from 610 square feet to 1,220 square feet.

The SoCe sales gallery at 4501 Tamiami Trail in Naples is equipped with augmented reality technology from Fort Myers-based d3 creative studios – a first for Collier County, according to Compass.

Construction of SoCe Flats is expected to start early next year and conclude in 2020. – Mike Seemuth


Related Articles

arrow_forward_ios
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)
South Florida’s pandemic-fueled residential market poised for bull run in 2021
South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)
Kate Ford’s Palm Beach estate sells for $55M
Kate Ford’s Palm Beach estate sells for $55M
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
Gables Town Colony apartment complex, Sue Ansel of Gables Residential
Gables Residential scores $85M loan for Boca Raton apartment complex
Gables Residential scores $85M loan for Boca Raton apartment complex
Broadstone City Center with Alliance Residential’s Bruce Ward and Nuveen CEO Jose Minaya
Nuveen pays $103M for West Palm luxury apartments
Nuveen pays $103M for West Palm luxury apartments
Edmund Ansin and the property (Credit: Google Maps)
Billionaire TV family sells Miramar property to Florida Crystals
Billionaire TV family sells Miramar property to Florida Crystals
Toscana apartments and Juan Porro of FCI Residential
Florida Crystals sells Margate rentals for $60M
Florida Crystals sells Margate rentals for $60M
2965 West Corporate Lakes Boulevard and Black Creek Group CEO Raj Dhanda (Credit: Google Maps, Blue Vault)
TIAA sells Weston warehouse for $33M
TIAA sells Weston warehouse for $33M
arrow_forward_ios

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

Loading...