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Kolter boosts North Beach assemblage with $18Min condo units
Summary by The Miami Editorial Desk Eman Elshahawy , as published by The Real Deal
· July 10, 2026
· 1 min read
Photo: The Real Deal · view original
Story provenance No corrections
Summary created by The Miami Editorial Desk — automated, rule-governed Byline on source page Eman Elshahawy, as published by The Real Deal Original story Read at the source Source published Jul 10, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
Every story comes with a passport. How we work · Corrections log · Publisher’s note
Key points The commercial units, located at 6981 Collins Avenue, were sold by Elysee Investment Company and Joseph Cohen. This purchase includes two ground-floor commercial units and 10 residential units.
The Kolter Group has made a significant investment in Miami Beach's North Beach neighborhood. The developer paid $18.2 million for condo units in the area. This purchase includes two ground-floor commercial units and 10 residential units.
The commercial units, located at 6981 Collins Avenue, were sold by Elysee Investment Company and Joseph Cohen. The space spans 7,600 square feet and was built in 1950. Further details about the purchase and The Kolter Group's plans for the property are available from The Real Deal.
The investment is part of the company's efforts in the North Beach neighborhood, where it also purchased the historic Normandy Plaza Hotel earlier this year.
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Category: arts Published: July 10, 2026 Source: The Real Deal Reading time: 1 min
Frequently asked about this story
What is this story about? The Kolter Group has made a significant investment in Miami Beach's North Beach neighborhood. The developer paid $18.2 million for condo units in the area. This purchase includes two ground-floor…
When was this published? This article was first published on July 10, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Eman Elshahawy at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
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