Scott Collins of Summit Partners and the house at 436 Ocean Boulevard (436 Ocean Boulevard furnished by OneSothebys.com, Summit Companions)
An executive at private equity organization Summit Companions paid $25 million for a new non-waterfront spec mansion in Golden Beach, probably marking a history price tag for dry house sales in Miami-Dade County.
DM Golden Seaside LLC offered the 13,200-square-foot, 6-bed room estate at 436 Ocean Boulevard to Scott C. Collins and his wife, Ghislaine Collins, according to residence documents. The vendor is managed by Dmitriy V. Mashchenko.
Scott Collins is COO and a handling director at Boston-dependent Summit, which has much more than $35 billion in property below administration.
The mansion, on considerably less than an acre in Golden Seaside, was finished this year. Inga Boutboul with Just one Sotheby’s International Realty represented the vendor. Lisa Van Wagenen with Brown Harris Stevens Miami represented the customer, according to Realtor.com. Each agents declined to comment.
436 Ocean Boulevard Golden Beach (436 Ocean Boulevard furnished by OneSothebys.com)
The estate hit the market for $25 million in May well and marketed for the inquiring price tag. The property includes a different entrance for the “office tower,” assistance quarters, two master suites, a meals elevator, and a 180-bottle wine wall and bar that capabilities a sliding glass doorway to show “prestigious” autos, according to the listing.
Non-waterfront spec homes have been buying and selling for history charges across a amount of South Florida neighborhoods during the previous 12 months, and this deal possible marks an all-time record in Miami-Dade County, regardless of the current household slowdown. In Miami Seashore, the history for non-waterfront residence revenue is $12.5 million for a house on the Sunset Islands.
In Golden Seaside, retired radio host Tom Joyner bought his oceanfront household in July for $19 million, and software package billionaire Phillip Ragon compensated $92.9 million in June for a few adjacent oceanfront residences that he options to tear down.
