Construction begins on $7.4M spec home in Broward

Miami /
Feb.February 17, 2015 10:30 AM

Are spec homes making a comeback?

Construction has reportedly begun on a $7.4 million spec mansion in Southwest Ranches.

Pembroke Pines-based Landmark Custom Homes, is developing the Azuria, a 12,500-square-foot mansion with floor-to-ceiling glass walls.

The six-bedroom, six-bathroom house will, fittingly, have a six-car garage and a fountain in the front yard. The developer is working with Affiniti Architects and Shuster Design associates on the project, according to the Sun Sentinel.

Construction on the two-acre site is slated for completion in 2016, the Sun Sentinel reported. The home will be built in Landmark Ranch Estates, the first gated community in Southwest Ranches.

Scott Worley, president of the Gold Coast Builders Association, told the Sun-Sentinel that spec building will be a frequent sight this year because of a large shortage of land for homebuilding, especially in Broward County.

South Florida’s housing downturn generally eliminated speculative building.

“It’s always less risky when you build a home after you have it sold,” Worley told the newspaper. “But [spec building] is a model that a lot of small, regional builders are using. As long as the housing market is strong, you’ll see it.” [Sun Sentinel]Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Jim Carr and Armando Codina with renderings of the homes (CC Homes)
CC Homes pays $12M for Southwest Ranches land for single-family community
CC Homes pays $12M for Southwest Ranches land for single-family community
Jim Carr and Armando Codina, with a rendering of a home
CC Homes launches sales of luxury homes in Southwest Ranches
CC Homes launches sales of luxury homes in Southwest Ranches
Brandon Marshall and 16710 Stratford Court (Credit: Steven Ferdman/Getty Images, and Lenny Kagan)
Former Miami Dolphin Brandon Marshall sells Southwest Ranches home
Former Miami Dolphin Brandon Marshall sells Southwest Ranches home
Tua Tagovailoa, Clayton Fejedelem, and Kyle Van Noy (Credit: Alika Jenner/Getty Images, Johnson/Icon Sportswire via Getty Images, and Rich Graessle/PPI/Icon Sportswire via Getty Images)
Miami Dolphins players Tagovailoa, Van Noy and Fejedelem buy South Florida homes
Miami Dolphins players Tagovailoa, Van Noy and Fejedelem buy South Florida homes
A rendering of AKAI Estates and Alex Yokanna
Luxury single-family home community in Southwest Ranches launches sales
Luxury single-family home community in Southwest Ranches launches sales
Bang Energy CEO buys Southwest Ranches home
Bang Energy CEO buys Southwest Ranches home
Bang Energy CEO buys Southwest Ranches home
(Credit: Coldwell Banker, iStock)
Pancake power: Heir of IHOP founder lists Southwest Ranches mansion for $7.25M
Pancake power: Heir of IHOP founder lists Southwest Ranches mansion for $7.25M
Ivan Aguilera - Juan Gabriel Son 
From: "giselle@gisellelafaurie.com" 
Date: Monday, November 14, 2016 at 11:51 AM
To: Time Inc 
Subject: RE: Juan Gabriel Personal Photo Request

Please let me know when you get the, ;)

https://www.dropbox.com/sh/vtdaf0q77gszkl7/AAD7WbMjGJ_d2eD5TUDzf4Zaa?dl=0

Giselle Lafaurie
giselle@gisellelafaurie.com
305-7759611
Miami, Fl
Heir of late Mexican singer asks about $8M for 30.8 acres in west Broward
Heir of late Mexican singer asks about $8M for 30.8 acres in west Broward
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...