The Real Deal Miami

Margaritaville developer starts latest project

Construction of boutique Positano Beach condo building begins
Positano Beach

Positano Beach rendering

The developer of Margaritaville in Hollywood Beach has started construction on a boutique condominium project about a mile north of the Jimmy Buffett-themed resort.

Lon Tabatchnick began building the 17-unit Positano Beach next to his Villas at Positano development, the Sun-Sentinel reported. Positano Beach unit prices range from $1.5 million to $2 million. The seven-story building is scheduled for completion in early 2015.

Tabatchnick completed Villas at Positano in 2007. He has held onto the adjacent Positano Beach site since finishing that project.

The $147 million Margaritaville is expected to be finished in late 2015. [Sun-Sentinel]Eric Kalis