Kolter Expands Miami Beach Assemblage for Condo Dev With BH Group
Kolter Group and BH Group have expanded their Miami Beach oceanfront assemblage through multiple acquisitions totaling approximately $60.2 million, including purchase of 10 condo units at Port Royale Condo for $3.8 million and commercial condos at Crystal Beach Suites Hotel for $14.4 million. The developers plan to replace the aging structures on the oceanfront block between 69th and 71st streets with a 37-unit luxury condo tower designed by Kobi Karp, featuring 947 square feet of ground-floor retail and 86 parking spots.
Published by Commercial Observer. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Commercial Observer
- Obtained from
- Unknown: source not established
- Published
- Jul 13, 2026
- Last updated
- Jul 13, 2026 (1 month ago)
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