Contact Us
How Can We Help You?

Please, leave us your message.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Announcement

5000 N Ocean Drive Opens Its Doors

By
Cashflow In Miami
on
January 31, 2021

19 stories tall tower comes with only 48 residences!

The units come with two to four bedrooms and are priced from $2.6 million to $5.6 million. Construction is completed, and the tower is 75 percent sold .

Delray Beach-based developer The Kolter Group is the builder.

And...$28 million oceanfront sale!!

Fortune International buys oceanfront land to build two towers!

1380 S Ocean blvd , Pompano Beach

Fortune is planning to build two high-end condo towers on the oceanfront and Intracoastal-front site, but plans to release more details in the first half of 2021.  

Company led by Edgardo Defortuna, paid $27.5 million for the 4.6-acre site at 1380 South Ocean Boulevard.

Fortune bought the property, which has 500 feet of waterfront, from Lionheart Capital. The developer, led by Ophir Sternberg, had planned to construct the city’s tallest buildings on the site, and was looking toof the project last year. The property is currently approved for a 30-story building on the beach, a 12-story building on the Intracoastal with 239 residential units, and a private marina.  

The sale of the site comes as more developers look to build luxury condos in Pompano Beach. Related Group recently launched sales of Solemar, a 105-unit, 20-story oceanfront building that will mark the second new development to be built on the beach in Pompano since Sabbia Beach was completed in 2018.

Developer Dev Motwani also has plans to build a 27-story condo building at 1350 South Ocean Boulevard.

We have written about the developments above, in previous blogs.


New oceanfront townhouse development coming to Pompano Beach!

GT Homes USA, a joint venture between Canadian builders Greenpark and Treasure Hill, launched sales of an oceanfront townhouse project in Pompano Beach .

The six-unit project, called The Ocean Six Terraces, is under construction and is expected to be delivered by December 2021 .

Property records show Carlotree L.P. paid $4.9 million for the Pompano Beach lot in 2018.  

Two units have been presold, and the developer has put two additional units on the market .

Prices start at $4.3 million.  

Rex Nichols Architects is designing The Ocean Six Terraces, which range from three to four bedrooms and from 3,389 square feet to 4,048 square feet. They include rooftop terraces, sunset and sunrise terraces, pools, and customizable finishes . Units will come with Miele appliances and Kohler fixtures.

Fidei said the development will have homeowners association fees at under $1,000 a month, or about 30 cents per square foot.

...

Latest Posts

Read More

Miami Gardens finally gets The Drivers Club Miami approved!!

Developer Carlos de Narváez is moving forward with his $100 million luxury auto club project, Drivers Club Miami.

Read more
Read More

Market Update from Andrey!!

The 2 -acre site was bought out for $1 million last year and is already getting ready to go up!The three-story, 54,300-square-foot building would be built on a 2-acre site. The units would each have two bedrooms and two bathrooms. Rents are expected to be about $1,645 a month. Global One Investment Group is the developer of the property.

Read more
Read More

New 12+ acre development in Delray Beach!

Dallas-based Trinsic Residential wants to rezone the property from “mixed industrial and commercial” to “special activities district.” This would permit 292 multifamily units and 2,000 square feet of commercial space.

Read more
Read More

Large development coming to Delray Beach!

The builder, Dallas-based Trinsic Residential Group, also obtained approval to erect four of the six buildings at a height of 55 feet, seven feet higher than what is permitted. The remaining two buildings will be 35 feet tall.

Read more
Read More

Beachside residences coming soon!

Beachside Residences brings a new brand of modern elegance and luxury living to Hollywood Beach. This boutique condominium of just 36 units features a minimalistic design and breathtaking views of the Atlantic Ocean and the Intracoastal Waterway.

Read more
Read More

Bentley Tower finally announced by Dezer Development!

We have been writing about this future project for a while now, its offically out in the press! It will be the highest tower in Sunny Isles Beach reaching 749-feet with more than 60-stories!

Read more