AMRIT OCEAN RESORT & RESIDENCIES SEES SPIKE IN SALES

Compass Development Has Sold 20% of The Available Inventory SINGER ISLAND, FL

Published Wednesday, May 20, 2020

(May 20, 2020) -- Amrit Ocean Resort & Residencies has seen a spike in sales, with over $10 million in homes under contract and five completed deals, in April alone. The onsite sales and marketing firm, Compass Development attributes the success to this luxury community’s focus on health and wellness. “Amrit offers an ultimate oceanfront living experience on the exclusive Singer Island,” said Drew Backoff, Senior Project Manager for Compass Development.

“Buyers are connecting with the wellness aspect of the community like nothing we have ever seen.” Amrit consists of two main towers called Peace and Happiness. The Peace tower houses residences, and Happiness is home to both residences and a 153-key hotel.

In total, there are 182 luxurious two-bedroom condominiums and 11 penthouses with private rooftop terraces, which range in price from $1.2 million to $4 million. Both residents and hotel guests can enjoy the 100 thousand square-foot wellness center that encompasses four floors. In an effort to stay connected to its community of buyers and prospects, Amrit is currently offering two free weekly virtual wellness events on all its social channels.

Topics include how to manage stress and anxiety during these tough times, as well as yoga, meditation, stretching and home workouts. Just a short drive from Palm Beach Island, West Palm Beach and Palm Beach Gardens, Amrit embodies the ultimate outdoor and luxury living experience, including a private beach, for all residents and hotel guests, that stretches 300 linear feet.

Amrit Ocean Resort & Residences was conceived by world-renowned developer, Dilip Barot, with WRS Development. The luxurious homes and hotel are crafted by some of the leading luxury and spa innovators in the world. Barot has developed and led more than 20 million square feet of real estate projects across the globe with luxury at its core. For additional details about Amrit, please visit: https://www.amritocean.com/

 HERE is a link to renderings and photography. 

 

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About Compass Development Marketing Group

From project inception to building sellout, Compass Development Division partners with the world’s most forward-thinking developers and innovative architects through the lifespan of a project. Leveraging tenured expertise and the industry’s most powerful technological resources, we provide strategic advice for record-breaking results. The company offers a comprehensive range of developer services, including research and analysis, planning and design, marketing and sales for luxury real estate. With nationwide representation in over 40 Compass offices, Compass Development empowers residential developers with an unparalleled sales footprint in the United

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#1 Palm Beach County Board of County Commissioners Aerojet Rocketdyne Bank of America Bank United Baptist Health South Florida
Caler, Donten, Levine, Cohen, Porter & Veil, P.A. CareerSource Carrier DePuy Synthes Power Tools, a Johnson & Johnson Company Equestrian Center
Florida Crystals Corporation FPL Greenberg Traurig Gunster Hardrives, Inc.
HCA Palm Beach Hospitals Hedrick Brothers Construction Hospital for Special Surgery J.C. White JP Morgan Chase
LRP Publications Martens Group Minto Communities, LLC NCCI Nova Southeastern University
Palm Beach Aggregates, LLC Palm Beach Park of Commerce PNC Bank Pratt & Whitney (A United Technologies Company) Raymond James Financial Services/Boynton Financial Group, Inc.
RSM South Florida Business & Wealth Magazine South Florida Business Journal Stiles-Nicholson Foundation TD Bank
Tortoise Properties Wells Fargo & Company Wexford Capital