$70 Million In Sales For Fendi Chateau Residences Last Month; Now 70% Sold

Just 17 units now remain to be sold at the FENDI Château Residences in Surfside:



Luxury Branded Condominium Building Attracting Both Domestic and International Buyers

MIAMI, FLORIDA – February 18, 2015 – Luxury private developer Château Group is pleased to announce that FENDI Château Residences is almost 70 percent sold, with approximately $70 million in sales in January alone. FENDI Château Residences is a new and exclusive 12-story waterfront condominium building located at 9365 Collins Avenue in Miami, Florida, two blocks south of The Bal Harbour Shops. Venegas International Group is handling the marketing and sales of the property and recently opened the building’s sales gallery and model residence.

“FENDI Château Residences is attracting a balance of both domestic and international buyers,” said Manuel Grosskopf, chairman and CEO of Château Group. “We are seeing buyers from the Northeast and Midwest, Canada, London, Russia and Latin America that are looking to live in a luxury branded development.”

Slated to be completed in the spring of 2016, FENDI Château Residences features 58 exclusive floor-thru oceanfront residences and penthouses ranging in size from 3,300 square feet to more than 7,000 square feet, with prices from $6 million to $25 million.

Monica Venegas, principal of Venegas International Group added, “Sales at FENDI Château Residences are averaging approximately $1,900-per-square-foot, proving continued buyer appetite for a luxury branded development that offers both quality and white glove services.”

FENDI Château Residences comprehensive amenities package includes a wine cellar; library; ballroom; kid’s club; private cinema with an adjacent business center; beauty salon; state-of-the-art fitness center overlooking the ocean; bicycle storage; multiple beachfront pools with cabanas; reflective ponds; spas and Jacuzzis; and a relaxation terrace with aromatherapy. Common areas include a private restaurant with a casual area, bar and full chef’s kitchen; and an outdoor space designed for barbeques and gatherings and outdoor cabanas.

FENDI Château Residences offers an exclusive white glove, personalized luxury concierge service, FENDI Château Attaché, which provides immaculate service without a hotel component.