730 N Ocean Blvd Pompano Beach1380 S Ocean Blvd Pompano Beach
1350 S Ocean Blvd Pompano Beach
New oceanfront Sabbia condo building ( 730 N Ocean) with 69-units , which launched sales in 2015, was nearly sold out in February , 2019 at prices averaging $700 per square foot. 19-story condo , built by The Related group will be opening within the next 30-60 days.Five-bedroom penthouse at Sabbia sold in 2016 for about $5.5 million, the highest price ever paid for a residence in the city, the sales started in 2015. Sabbia will be Pompano Beach’s first new oceanfront high-rise in 10 years.
Another development is cooking just south down the street. Lionheart acquired its 4.6-acre oceanfront development site for $22.5 million, or $4.9 million per acre, in 2013. The project is tentatively named for its Pompano Beach address: 1380 South Ocean Boulevard. In February, 2019, Lionheart got site-plan approval from the city government for a total of 239 units in two condo buildings across from each other on South Ocean Boulevard, with one located on the beach and the other next to the Intracoastal Waterway.Just north of the 1380 South Ocean Boulevard site, Merrimac Ventures, led by Fort Lauderdale-based developer Dev Motwani, has site-plan approval to build a 92-unit condo at 1350 South Ocean Boulevard. The site had been zoned for a hotel, and Motwani spent years obtaining municipal approval for a land-use amendment and rezoning.
On a site across the street, Merrimac Ventures and Alliance Residential are developing a luxury rental complex with 204 apartments and seven townhouses next to the Intracoastal Waterway. The rental complex, called Broadstone Oceanside, is under construction and scheduled for completion this summer.
Motwani acquired the entire 3.8-acre site on South Ocean Boulevard for his rental and condo developments for $11.5 million, or $3 million per acre, in 2011. But construction of the condo development may not start before 2021.There are about six total developments in the pipeline in Pompano Beach at this time, with Sabbia setting the city sales record will be multimillion dollar oceanfront mansions measure up and hold the selling prices at $700-800++ per foot??
Dixie hwy between 16th avenue north and 17th avenue north, Lake WorthOne developer , two rental brand new projects , one -Lake Worth.Affiliated is in the midst of the construction of the 230 units , called MID.Read more
Fisher Island developer Heinrich Von Hanau just got approved zoning changes to allow for a 57-unit, 10-story condominium building at 6 Fisher Island Drive and 12 single-family homes at 68 Fisher Island Drive. The new projects would bring the total number of residences on the island to 871 . Fisher Island is allowed a maximum of 1,400 residential units.Read more
The 2323 Apartments project will be eight stories and include smaller micro unit apartments. The project will have commercial and office uses on the ground floor, and 116 residences.Parking for up to 129 vehicles will be on the second and third floors.Indoor and outdoor amenities are planned, including a swimming pool above the parking levels.This project plans 47 micro apartments ranging from 385 to 388 square feet. Architect Ivo Fernandez of Modis ArchitectsRead more
The developers said they are considering building live-work units in Allapattah, and plan to have co-working space in the lobby. The existing building is currently leased to retail tenants. GlobalPro Ventures acquired the property in October for $1.9 million, records show.The site is zoned T6-8, which means that they can build up to eight stories high with about 70 to 80 units.Read more
Member only unique 2000 paid residents in gated island golf and marina community. Super safe and secured location with its own landing field , 11+ restaurants ( 24/7 service) , school ( from preK to 8th grade), 36 holes golf, 175 slip marina, art league with different classes , medical center, spa and gym, wiht everything for your pet!Read more
78 Southwest Seventh Street and 98 Southeast Seventh Street , Miami The combined $163 million purchase breaks down to $80.3 million for Two Brickell City Centre and $82.7 million for Three Brickell City Centre. Each building has about 130,000 square feet, which means they sold for roughly $630 per square foot.Read more