Fort Lauderdale Beach has been hot, with over $1.5 billion of new development in the area over the past 3 years. One of the most iconic hotels on the A1A strip is W Fort Lauderdale Hotel & Residences which recently underwent a $60 million renovation. Residence 802 features everything that you could want in a turn-key beachfront condo. The residence features 2 bedrooms, 2 bathrooms and a den spread over 1,463 SF. The unit also includes 9' floor-to-ceiling glass for immaculate views of the Atlantic Ocean and Intracoastal, spacious balconies, and turn-key design and furnishings from the hot Meyer Davis Studio who headed up the $55 million renovation of the property overseen by Related Group and Related Companies. Meyer Davis took a nautical theme in the redesign with sailing rope and knots, wood, gold, blues, etc. which connects the hotel's style with the amazing views of the Atlantic Ocean throughout the property. Residences also have access to the hotel's redesigned amenities including pool with sundeck overlooking the Atlantic Ocean, beach club, updated porte cochère, Bliss Spa, WET pool deck, Sushi Bar, a concept from Sushi Chef Shuji Hiyakawa, a protégé of Iron Chef Masaharu Morimoto; The Living Room indoor/outdoor lounge and terrace, 2 Stephen Starr restaurants including Steak 954, and 40,000 SF of meeting and event spaces.
Condo-hotel residences have the unique ability to be put into the Starwood Hotel Program which allows the residence to perform higher returns through higher income short-term rentals with the management expertise and ease of Starwood. "Most of the people who buy at the W use their condo as a combination of a second home and rental property. When owners are not in town, they sign a management contract with Starwood and Starwood manages the unit as a “hotel residence” which generates income for the owner," explained Craig Studnicky in an exclusive interview with PROFILEmiami. When you are out of town, your residence in W Fort Lauderdale will be producing income for you while taking none of your time or effort. The perfect second home or income investment you can enjoy yourself as well. 3101 Bayshore Drive Residence 802 is currently listed for $1,080,000 with Related ISG.
