Luxury Buyers are Flocking into Fort Lauderdale Creating a New Era for the Fort Lauderdale Luxury Condo Market

The Fort Lauderdale Luxury Condo Market is Booming

Fort Lauderdale is experiencing an influx of luxury buyers. According to our broker’s latest market report, the Fort Lauderdale luxury condo market experienced record prices, heavy sales volume, and listing inventory fell to new lows. After decades of investing in its infrastructure, with the goal of attracting a more affluent crowd, Fort Lauderdale is now attracting a well-off demographic looking for luxury residences on the sand. A high amount of these buyers are local empty nesters looking for an oceanfront residence as well as relocation buyers from the high-tax states, mostly the northeast, looking for more quality of life in the Sunshine State.

The city of Fort Lauderdale is changing rapidly. Not only are we experiencing a boom in brand new luxury condos, the City Commission is also investing in improvement projects, earmarking $200 million to create more parks and greenways. In this article we will show you Fort Lauderdale’s newest condo projects.

Auberge Beach Residences

This luxury condo is one of our favorites offering a distinctive architectural style and oceanfront location. The developers took 17 years to find the perfect location for this Auberge flagship condo project.  Auberge offers 2 to 5 bedroom residences ranging from 1,627 SF to 5,000 SF+. The North tower offers 57 residences while the south tower offers 114 residences. Auberge is a collaboration between architecture firm Nichols, Brosch, Wurst, Wolf & Associates, interior Designer Meyer Davis and developers The Related Group and Fairwinds Group.

The Four Seasons Private Residences

Four Seasons Private Residences Fort Lauderdale offers striking interiors and exteriors designed by an international team of visionaries including Fort Partners, Tara Bernerd, Kobi Karp, Martin Brudnizki, Fernando Wong and developed by Nadim Ashi. Owners at Four Seasons Private Residences Fort Lauderdale will have privileged access to the Fort Portfolio of Four Seasons properties. The project offers 90 private residences, which include furnished and fully-appointed as well as unfurnished options. Residences range from 780 SF to 6,000 SF+ with 1 to 4 bedrooms. These residences provide for private expansive terraces with glass railings and ocean and city views. The Four Seasons Private Residences come with the finest of finishes as well as  24-Hour residential concierge services and complete access to Four Seasons Services.

Selene Oceanfront Residences

Directly across from Fort Lauderdale’s award-winning Las Olas Beach and minutes from the shops, cafes and restaurants along Las Olas Boulevard, Selene raises the bar on exceptional beachfront living. Fort Lauderdale’s only new 300′, 26 story twin tower luxury beachfront property with dramatic clear-to-the-horizon Atlantic Ocean Views and Panoramic Fort Lauderdale city views. Selene offers 204 luxurious 2 and 3 bedroom residences ranging from 1,400 to over 3,200 SF. Many of the residences include a den or family room and all come with ideal space for entertaining. This brand new condo offers iconic temporary architecture by the industry-visionaries at Kobi Karp Architecture. The condo features sweeping, graceful lines complemented by walls of glass, creating the feeling of complete transparency and light. Additional features are the lofty 9’8″ ceilings, expansive private balconies, measuring up to 10′ deep with glass railings, designed to provide unobstructed views and to extend your gracious living to the outdoors all year round.

This project was just launched and is currently under pre-construction. 50% Of the condo is already reserved in the last 6 weeks, but there are still opportunities for those that would like to buy in the early phases of this project.

Paramount Fort Lauderdale

Set along a supremely private stretch of Fort Lauderdale’s powdery white sands, PARAMOUNT proudly claims forever-unobstructed views of the Atlantic’s glittering turquoise water and Intracoastal waterway. Composed of two acres adjoining Bonnet House’s tropical gardens, open-air spaces and contemporary amenities, you will experience a residential community as luxuriously appointed as it is effortlessly relaxed. Tropical landscaping completes a private pool deck where warm sea breezes grace restful poolside afternoons.  Paramount, which was opened in 2018, offers 95 residences with 2 to 5 bedrooms. Residences boast 10-foot ceilings, spacious outdoor living areas, a gourmet chef’s kitchens with Italkraft Cabinetry, Quartz countertops, semi-private elevator access with private elevator lobby and top-of-the-line Appliances from Subzero, Wolf & Bosch. Residents can enjoy the condo’s oceanfront restaurant, club room with private dining room and catering kitchen, fitness center,  spa treatment facilities with steam & massage rooms, a pool with ocean views, pool-side food & beverage service and exclusive VIP Concierge Services offered by PARAMOUNT attaché.

Inside unit 704 at Paramount in Fort Lauderdale

Other New Developments and Upgrades in Fort Lauderdale

The Pier 66 Hotel & Marina and the Sails Marina were bought by the Tavistock Group, that plans to create a large 32-acre waterfront property featuring 164 deepwater slips and about 575 high-end residential units near the beach. The project is expected to open in 2023. Further to this brand new condo project, the city is investing in more parks, infrastructure and the walkability of Fort Lauderdale. Some of the developments and upgrades are mentioned below.

  • The creation of a walkable urban center featuring a mix of high-rise condos, retail shops, offices, art experiences, dining and nightlife for residents.
  • Development of Brightline, a high-speed rail service from downtown Fort Lauderdale to Miami, West Palm Beach and, in 2022, Orlando International Airport and Walt Disney World.
  • More parks and greenways.
  • Upgrades to the Riverwalk.
  • Upgrades to Las Olas Marina.
  • Upgrades to the airport
  • The debut of a 18,000-seat soccer stadium
  • The renovation of Fort Lauderdale’s aquatic complex.

Contact the David Siddons Group for more information about the Fort Lauderdale Real Estate Market or the Fort Lauderdale Luxury Condo Market

David Siddons | 305.508.0899 | David@siddonsgroup.com
Elaine Tatum | 305.793.0540 | Elaine@siddonsgroup.com

FAQ

These are the most commonly asked Google Real Estate Related questions

1. What are the Current Best New Condos in Miami?

If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023

2. What is the best New Construction Condo in Fort Lauderdale?

In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.

3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami? 

Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!

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