Market Report: Ft Lauderdale Beach Condo Sales

Las Olas Beach Club Condo

Ft Lauderdale Beach has been consistently turning over condos, especially in the last two months.  Multiple sales have been reported in luxury condo buildings such as Las Olas Beach Club, The Q Club Resort/Hilton Ft Lauderdale, The W Ft Lauderdale, as well as Jackson Tower.  Sales prices have ranged between the $200,000-$300,000 for units at The Q Club and $1,000,000 to $2,500,000 for units at Las Olas Beach Club.  Unit 2801 at Las Olas Beach Club recently sold for $2,500,000. It featured 3 bedrooms & 3.5 baths with over 4,000 sq ft of living area overlooking the Atlantic Ocean.

Vintro Hotel - Ft Lauderdale Beach

Story update: 5/21/13

The planned Vintro Hotel on Ft Lauderdale Beach suffered a setback as the City of Ft Lauderdale planning committee rejected the project.  The proposed hotel located on Alhambra Street, was slated for 15 stories but the project appeared unfavorable to the City as well as the Central Beach Alliance (group that represents the beach development). No word yets as if the developer plans to resubmit plans for a scaled down version but not sure the financials would be beneficial in doing so.

The development surge that has been stirring south florida residential real estate has now spilled over to commercial real estate. A Miami real estate firm has announced plans to build a boutique hotel on Ft Lauderdale Beach adjacent to a local favorite dining spot Casablanca Cafe.

Vintro Hotel
Fort Lauderdale Beach

Vintro Fort Lauderdale is a proposed boutique hotel located at 3029 Alhambra Street. Plans include 67 spacious rooms plus 3 suites. Since the hotel is located across from Fort Lauderdale beach, units are sure to have direct ocean as well as intracoastal views. Amenities are to include a rooftop pool, a top floor dining location, fitness center & a concierge. No word yet as if the developer has secured funding for the project but the building will surely bring a Miami architectural twist to Fort Lauderdale Beach.

Marina Lofts Ft Lauderdale wins key vote

Marina Lofts Ft Lauderdale

Marina Lofts, a residential project located in Ft Lauderdale, scored a key win in last nights Planning & Zoning meeting.  The Fort Lauderdale Planning & Zoning committee voted in favor of Marina Lofts by a margin of 9-0.  Marina Lofts is located in Downtown Ft Lauderdale and is scheduled to include a 998 unit rental complex with two 28 story buildings and a 33 story building. The project will also incorporate retail along the ground floor. 

Las Olas Blvd - Our New Home

Las Olas Blvd Ft Lauderdale, FL

We are excited to announce that we will be moving to the infamous Las Olas Blvd in Fort Lauderdale, Florida towards the end of this year. Las Olas Blvd is a popular destination to shop, for fine dining and is convenient to Downtown Ft Lauderdale. Las Olas Blvd is one of the only walkable retail communities in Ft Lauderdale that has a special charm about it. Weekends usually host special events such as art fairs and the Boulevard is buzzing with people.  We feel that coupled with our luxury real estate brand, our premier service, Las Olas Blvd is a perfect match for us.  We will be within a short proximity to Las Olas Isles, a luxury waterfront community, Rio Vista, Victoria Park, Downtown Ft Lauderdale condos including Las Olas Riverhouse, Las Olas Grand, 350 Las Olas, Nu River Landing and only 1 mile away from Ft Lauderdale Beach.

Redevelopment of Flagler Village Continues with Pearl at Flagler Village

Pearl at Flagler Village

Flagler Village is picking up where it left off from several years ago.  The latest real estate project to break ground is Pearl at Flagler Village, a multi-family rental project consisting of 331 units.  Flagler Village is a subdivision just North of Downtown Ft Lauderdale.  The area has been viewed as an attractive relocation area for young professionals looking for a mesh between an urban environment with quick access to Ft Lauderdale Beach.  The area is also located a short distance away all of the fine dining of Las Olas Blvd.  The site also lies adjacent to another multi-family building being built by The Related Group.  Other recent additions in the area include The Fresh Market, Mancini's Las Olas, & Dan Marinos Vocational College.