New construction condos in Fort Lauderdale

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

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. For more information about our top 5 of the best new construction condos in Fort Lauderdale, click here.

Our Best Waterfront Condo blog 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 Fort Lauderdale over the last 15 years!

Right here! If you are in the market for a new construction condo in Fort Lauderdale, look no further than our articles for the most expert advice. Our ‘best blogs answer questions such as “Is this the best new condo in Fort Lauderdale?”, or “What is the best floor plan at the Four Seasons Private Residences” We give investment advice on everything you need to be careful about when buying a new condo in Fort Lauderdale. Lastly, We are professionals with over 15 years of experience. We help clients recognize the difference between real quality and just slick marketing! Click on any Condo and it will take you to a page all about that condo with floor plans and comparable independent analysis.

One of the biggest challenges that face the new construction condo market is the construction that leans heavily on brand names. We explore in our articles the value of hospitality brand names against non-hospitality brands and the perceived against ‘true’ economic value to consumers in the resale market! If you consider the hospitality brands such as Four Seasons, Ritz Carlton, or St Regis you should consider that historically hospitality brands outperform non-hospitality brands by 134%!

On the other hand, we have studied non-hospitality branded Condos across South Florida and have found that historically there has been an upsell on the ‘brands’ name, which once the product hit the resale market did not translate. In short, the unit values dropped against an unsubstantiated product that had no bearing on the true benefit. No amount of slick marketing is going to make up for poor floor plans and mismanaged service. Brand misdirection has happened in the past. It can and will likely happen again!

Should I buy right at the beginning of a project, right at the end of the project, or does it not make any difference at all? As part of our group, we have access to all the new construction condos in Fort Lauderdale, and the David Siddons Group is often the first to be invited to these new projects. This relationship allows us to share the standard developer information and to write articles from our expert perspective. Please go to the individual condo pages and click on “Prices”  in the attached file to receive the latest prices. Because of our track record we will get advanced notice of new projects before the masses. This is when you typically get the best deal. Call me to get details of the newest projects. Some of which wont even be detailed anywhere on line! Call me direct on : 305 508 899 to discuss.

We are continuously comparing new Fort Lauderdale condo buildings with others. Whether they are new construction or just CO‘d condos for sale. Additionally, we often write blog articles comparing the value, floor plans, finishes, and uniqueness of new construction condos in Fort Lauderdale. Lastly, As independent realtors, we can evaluate each condo and give you unbiased investment advice on all projects in Ft Lauderdale. We have a good number of independent reviews, and we also combine this with our analytics software Condo Geeks. See Question 8 below!

Please watch my video in with David Siddons and myself discuss purchasing a new construction condo and what to expect when buying new construction.

As part owner and partner of Condo Geeks, condo analytics tracks the performance of individual condos over the last 15 years. Here at DSG we Effectively compare new condos with the best existing condos in any neighborhood. We heavily recommend you refer to this software before making your final decision!

It is generally understood that you should be getting a better deal when purchasing a new construction Condo. Giving the time it takes to build a new Condo there should always be upside. The best way to understand how much of a deal you are getting is to work with us and use the Condo Geeks tool which will show you the performance of all the existing Condos in the market.

Actually, new construction or pre-construction Condo purchases are one of the few times where we see buyers NOT always coming into town to buy a unit. Because we have all information online, Zoom Calls can be arranged with developers and you can get very much or identically the same sense of understanding whether you are here or not. We also have an in-house videographer who can go to any project and take drone footage to show views, elevations, and other important visuals of the neighborhood.

Typically the developers will want a total in escrow of 20% at the Contract. This is followed by another 20% – 30% over the course and by the time the building is completely finished and built. This leaves the rest (50% typically) at closing. The initial deposit received is usually 10% and this is called a ‘Reservation Deposit’.

We are also partners with Design Solutions. Design Solutions is the best at finishing new construction condos in South Florida! Please check my podcast interview with the owner: Luciana Fragali.