The Real Deal Miami

AquaLuna breaks ground in Broward County

Units marketed to downsizing homeowners

March 20, 2015 10:30AM
By Sean Stewart-Muniz

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Rendering of AquaLuna

Rendering of AquaLuna

A Fort Lauderdale-based developer has just broken ground on its newest project: the AquaLuna condominiums in East Las Olas.

With four units left from the building’s planned 16 residences, Ocean Land Investments has started construction on its second waterfront condominium in the neighborhood.

Aqua Luna, at 20 and 30 Isle of Venice Drive, will be five stories and take up 260 feet of waterfront land. It will house units ranging in size from 2,590 square feet to 5,717 square feet and price from $1.28 million to $3.75 million and up.

Jean Francois Roy, president of Ocean Land Investments, told The Real Deal that these units appeal to homeowners looking to downsize into a condo without sacrificing open spaces.

Roy said the units have 10-foot ceilings and large balconies, making an easy tradeoff between home and condo.

The units also come equipped with full-size kitchens, a gas range, boat slips that can fit a 36-foot yacht and floor-to-ceiling windows.

“Bigger isn’t necessarily better anymore,” Roy told TRD.

Ocean Land Investments also developed AquaVita in East Las Olas, which sold out a few months after it was announced. The firm is working on several projects in the neighborhood, including some that Roy said have yet to be announced.

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