Former Formula 1 Racing Star Rubens Barrichello Buys $8 Million Condo at Colette Residences

Former F1 racing-star Rubens Barrichello has purchased a condo at Colette Residences for $8 million, $1,844 per square foot. The two-floor townhome residence spans 4,300 SF offering 4 bedrooms and 5.5 bathrooms with an additional 2,000 SF of outdoor space. Colette Residences is a new boutique luxury condominium development in South Brickell being developed by META Development.

Colette Residences introduces an intimate residential concept that blends architectural sophistication with a serene, neighborhood-centric lifestyle. Located in South Brickell—an area increasingly recognized as Miami’s next luxury residential frontier—Colette offers a refined alternative to the district’s high-rise energy.

The five-story development features just 38 residences, including two signature penthouses, designed for those who value privacy, connection, and design integrity. Residences range from two to four bedrooms starting at 2,145 square feet, with pricing beginning at $3.3 million. Sales are overseen by The Eklund | Gomes Team at Douglas Elliman Development Marketing.

Designed by acclaimed Brazilian architecture studio OSPA, the building reflects a human-centered design ethos that seamlessly integrates indoor and outdoor living. This marks OSPA’s Miami debut and builds on META’s track record of architecturally distinct projects such as OPUS Coconut Grove. The project emphasizes privacy, connection to community, thoughtful design, and spacious floor plans, attracting buyers seeking a more intimate residential experience in one of Miami's most desirable neighborhoods.

Despite its intimate scale, Colette offers a robust amenity program rivaling larger-scale towers. Indoor amenities span approximately 5,000 square feet, complemented by 7,000 square feet of outdoor spaces designed for relaxation and entertaining. Highlights include:

• A 50-foot swimming pool with private cabanas

• A 5,200-square-foot sun deck

• A wellness spa with jacuzzi, sauna, and steam room

• A screening room, children’s playroom, and meeting suite

• 24/7 valet service and covered parking for two or three cars per residence, with EV charging stations

• Private storage units for each homeowner

The purchase further reinforces demand for boutique luxury developments. With a limited collection of residences available, Colette continues to attract discerning domestic and international buyers seeking both lifestyle and investment opportunities in South Florida.

Construction activity at the project is expected to advance in the coming months as META Development moves forward with the next phase of development. Completion is slated for summer 2028.

The Colette Sales Gallery is located at 3390 Mary Street, Suite #124, Coconut Grove, FL 33133. Visitors can experience an immersive virtual tour, scale model, and full-size model kitchen and bath to preview the building’s design vision and lifestyle offering.

Past PROFILEmiami articles about Colette Residences:

For more information about Colette Residences or to inquire about purchasing a unit please fill out the form below:

Single Buyer Acquires Four Residences For $15 Million at META Development's Colette Residences to Create Two Custom Duplex Townhomes

Four residences which will be combined into two duplex townhomes have sold for $15 million at Colette Residences, a boutique luxury condominium development in South Brickell being developed by META Development. The transaction marks one of the project's most significant sales to date and underscoring continued demand for highly customized, large-format residences in Miami's urban core.

The transaction involved a single international buyer acquiring four residences totaling 9,029 square feet, which will be combined into two separate duplex townhouses. The residences traded for $1,661 per square foot and will occupy two full floors within the development, creating a uniquely scaled living experience rarely available in the Brickell market.

Represented by South Florida’s leading luxury residential sales team Eklund | Gomes and designed by renowned architecture and interior design firm OSPA, the future duplex townhouses reflect a growing preference among luxury buyers and investors for expansive, customizable residences that offer the privacy and exclusivity of a single-family home within a boutique condominium setting.

"This transaction speaks to the growing demand for larger, more personalized living environments within Miami's luxury residential market," said Andrew Rasken, CEO of META Development. "Today's buyers are looking beyond traditional condominium layouts and are increasingly seeking opportunities to create residences tailored to their individual lifestyles and long-term investment strategies. Colette was designed with that flexibility and level of exclusivity in mind."

Located in South Brickell, Colette Residences is a 38-residence boutique condominium, offering a refined alternative to larger high-rise developments. The project emphasizes privacy, connection to community, thoughtful design, and spacious floor plans, attracting buyers seeking a more intimate residential experience in one of Miami's most desirable neighborhoods.

"What makes this transaction so noteworthy is not just the $15 million price tag, but the buyer's vision," said Fredrik Eklund, Founder of Eklund | Gomes. "We're seeing sophisticated buyers move away from standardized luxury and toward residences that can be tailored to their exact needs. The ability to acquire four homes and create two expansive duplex townhouses in a boutique building like Colette is incredibly rare in Brickell, and it speaks to the project's unique appeal."

The assemblage further reinforces demand for boutique luxury developments that offer customization opportunities not typically found within larger condominium projects. With a limited collection of residences available, Colette continues to attract discerning domestic and international buyers seeking both lifestyle and investment opportunities in South Florida.

Construction activity at the project is expected to advance in the coming months as META Development moves forward with the next phase of development.

Past PROFILEmiami articles about Colette Residences:

For more information about Colette Residences or to inquire about purchasing a unit please fill out the form below:

META Development Launches Colette Residences, a Boutique Luxury Address Redefining South Brickell Living

META Development, the Miami-based firm known for its “Go Boutique” philosophy, has officially launched sales for Colette Residences, a new boutique luxury condominium in South Brickell. Partnering with the Eklund | Gomes Team at Douglas Elliman Development Marketing, META introduces an intimate residential concept that blends architectural sophistication with a serene, neighborhood-centric lifestyle.

Located in South Brickell—an area increasingly recognized as Miami’s next luxury residential frontier—Colette offers a refined alternative to the district’s high-rise energy. The five-story development features just 38 residences, including two signature penthouses, designed for those who value privacy, connection, and design integrity. Residences range from two to four bedrooms starting at 2,145 square feet, with pricing beginning at $3.3 million.

Designed by acclaimed Brazilian architecture studio OSPA, the building reflects a human-centered design ethos that seamlessly integrates indoor and outdoor living. This marks OSPA’s Miami debut and builds on META’s track record of architecturally distinct projects such as OPUS Coconut Grove.

“Colette represents the next evolution of our philosophy, curating residences that feel personal, tailored, and refined,” said Andrew Rasken, Founder and CEO of META Development. “In a district known for its high-rise energy, Colette is intentionally exclusive—crafted for those who value a calmer, more connected way of living without compromising on design or amenities.”

As part of its commitment to community impact, META Development will donate $10,000 for every residence sold to Friendship Circle of Miami, a nonprofit supporting children and young adults with special needs.

Despite its intimate scale, Colette offers a robust amenity program rivaling larger-scale towers. Indoor amenities span approximately 5,000 square feet, complemented by 7,000 square feet of outdoor spaces designed for relaxation and entertaining. Highlights include:

• A 50-foot swimming pool with private cabanas

• A 5,200-square-foot sun deck

• A wellness spa with jacuzzi, sauna, and steam room

• A screening room, children’s playroom, and meeting suite

• 24/7 valet service and covered parking for two or three cars per residence, with EV charging stations

• Private storage units for each homeowner

“Miami buyers are increasingly seeking boutique-scale projects that combine privacy with sophistication,” said Fredrik Eklund, co-founder of the Eklund | Gomes Team. “Colette delivers exactly that—an intimate collection of residences in one of the city’s most dynamic neighborhoods, blending global design with the lifestyle today’s buyers demand.”

Situated minutes from Brickell’s business core yet set within a peaceful, park-filled enclave, Colette residents enjoy walkable access to waterfront promenades, fine dining, and cultural destinations, all while maintaining the tranquility of a low-rise community. “We’re seeing interest from buyers who’ve outgrown the hustle of Brickell’s high-rise district,” explained Sales Director Pietro Belmonte. “They still want proximity to the city’s restaurants and nightlife, but they crave a calmer, more livable environment with a neighborhood feel.”

The Colette Sales Gallery will open on November 12, 2025, at 3390 Mary Street, Suite #124, Coconut Grove, FL 33133. Visitors can experience an immersive virtual tour, scale model, and full-size model kitchen and bath to preview the building’s design vision and lifestyle offering. Completion is slated for summer 2028. Ownership inquiries are now being accepted. For more information, fill out the form below.

For more information about Colette Residences or to inquire about purchasing a unit please fill out the form below: