Douglas Elliman has released their Q2 Market Reports for South Florida, produced in conjunction with Miller Samuel, a leading independent appraisal firm. Despite the constant rumblings of a bubble or a crash, the South Florida market continued to show strength and prices continuing to push higher in both the luxury and overall markets across nearly all markets
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Tour Author Jillian Hoffman's Las Olas Mansion Which Just Sold For $3.49 Million
Author Jillian Hoffman has officially sold her Las Olas Isles Mediterranean mansion in Fort Lauderdale for a cool $3.49 million. The 6,200 SF estate spans 5 bedrooms, 5.5 baths and offers a spectacular two-story entry with dual staircases, sweeping floor-to-ceiling windows and stunning waterfront views throughout the property.
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Newgard Development Group Completes The Sold-Out Gale Residences Fort Lauderdale Beach
Newgard Development Group has completed the Gale Residences Fort Lauderdale Beach, the 129-unit hotel-condo project which is located at 401 Bayshore Drive and part of the Gale Boutique Hotel & Residences project. Closings are expected to begin soon with a roughly $100 million sell-out.
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Former Designer of Versace Mansion Lists Her Two Ft. Lauderdale Mansions For Nearly $60 Million
Katia Bates, the former Designer of Casa Casuarina, infamously known as the Versace Mansion in South Beach, and her husband Tom, a well-known developer, have listed their two Fort Lauderdale properties for nearly $60 million.
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Auberge Beach Residences & Spa Officially Tops Off in Fort Lauderdale
The Related Group, Fortune International Group, The Fairwinds Group and Moss celebrated the topping out of Auberge Beach Residences & Spa Fort Lauderdale, the two-tower luxury development which is one of the highest-selling condos in Fort Lauderdale with 2 record breaking penthouse sales at $8.9 million and $9.5 million.
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PMG Breaks Ground on X Las Olas on Fort Lauderdale's Las Olas Riverfront
PMG, in partnership with Greybrook Realty Partners, has broken ground on X Las Olas, their new mixed-use, purpose-built rental project on Fort Lauderdale's New River. The multi-phase project will include 1,200 residential units, 30,000 SF of ground floor retail space featuring restaurants and shops, and a public plaza along the riverfront.
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Brightline To Begin Passenger Rail Service Between West Palm Beach And Fort Lauderdale January 8th
Brightline will be launching South Florida into the future in early 2018 as they have announced that they will begin their inaugural rail service between West Palm Beach and Fort Lauderdale the week of January 8, 2018.
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Alco International Group Breaks Ground On Adagio Fort Lauderdale At 30% Sold
Alco International Group has broken ground on Adagio Fort Lauderdale located at 435 Bayshore Drive. The waterfront building is designed by GS4 Studios with interiors by Steven G and will rise 10 stories on the Intracoastal. The project is reportedly 30% sold and features 31 residences which range from 2 to 4 bedroom layouts.
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Dave Howard, CEO of Brightline
Brightline Locks Down Final Approvals For Phase 2, To Begin Construction To Orlando In 2018
Brightline can finally begin construction on Phase 2, their new line of tracks to Orlando after gaining federal approval from the U.S. DOT for the transit line. Construction on Phase 2 is expected to kick off in early 2018. Service is expected to soon commence between Fort Lauderdale and West Palm Beach, adding service to Miami soon after.
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$39 Million Harbor Beach Mansion In Fort Lauderdale Hits The Market As Broward's Most Expensive Home
9 Isla Bahia Drive in the ultra-exclusive Harbor Beach neighborhood of Fort Lauderdale has hit the market as Broward County's most expensive home, asking $39 million, $1,991 per SF. The enormous waterfront mansion features 19,589 SF of living space spread over 6 bedrooms and 10 full bathrooms and 7 half-baths.
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