Compass Lists $15 Million Penthouse At W Hotel In South Beach

12/8/16

Compass, the technology-driven real estate platform that is revitalizing the industry with its ground-breaking approach to property sales and marketing, announces it will bring to market a $15 million southeast corner penthouse at the W Hotel in South Beach. Compass Director of International Sales Farid Moussallem and Compass agent Miltiadis Kastanis, both of the Miami Lifestyle Team, have the listing.

The penthouse offers a 2,912 SF interior, 690 SF of terraces, and a sprawling 2,912 SF rooftop entertainment deck with a private lap pool and Jacuzzi. The residence has three bedrooms, three bathrooms, quartz counters, Wolf and Sub-Zero appliances, and a Crestron smart home system. The listing boasts panoramic ocean and Downtown Miami views.

“This is an exceptional property -- ideal for trendy jetsetters -- in one of Miami’s most sought-after locations,” said Mr. Moussallem. “Our seller met with numerous established brokerages in the region and selected Compass to market this property for our world-class marketing and global technology resources.”

In only one year, Compass Miami has grown its agent roster by 800 percent. Compass has employed nearly 50 engineers nationwide, more than any other residential brokerage, to build technology tools that provide real-time data and institutional knowledge. The company recently launched a first of its kind live market report via a mobile app for the Miami housing market called Compass Markets. The app is designed to eliminate the need for stale quarterly market reports by putting live housing data insights directly into the hands of agents and consumers, bringing more transparency to the real estate process in luxury markets across the nation.

About Compass

Compass is a luxury real estate platform with best-in-class technology dedicated to creating a seamless and intelligent home buying, selling, and renting experience. Combining the country’s top agents, proprietary market insights, and integrated mobile and web technologies, Compass is developing the future of real estate decision-making. Compass has locations in New York City, Washington DC, Boston, Cambridge, Miami, San Francisco, Los Angeles, Santa Barbara, Aspen, and the Hamptons, and has raised $210 million in investor capital. For more information on Compass, visit www.compass.com.