Leasing begins for Amaray Las Olas apartments

The 30-story luxury apartment building in Fort Lauderdale is expected to open in spring

TRD MIAMI /
Jan.January 17, 2016 10:15 AM

The developers have started leasing units at a 30-story luxury apartment building in  downtown Fort Lauderdale called Amaray Las Olas, scheduled to open in spring.

Monthly rents generally range from $2,000 to $5,800 for apartments that range in size from 768 to 2,450 square feet.

The rents are higher than Broward County’s overall average of $1,553, according to L. Keith White, president of Reinhold Wolff Economic Research in Oakland Park.

But White told the Sun-Sentinel premium rents for luxury apartments near downtown night life have become the norm: “It’ s to be expected. It’s not unusual anymore.”

The Rockefeller Group and  a division of Stiles Corporation are the developers of Amaray Las Olas at 215 Southeast 8 Avenue in Fort Lauderdale. They have opened  a leasing center at 790 East Broward Boulevard.

Amaray’s amenities will include a coffee bar, yoga studio, swimming pool, billiard lounge, dog spa and dog park.

The developers of Amaray are targeting professionals in Fort Lauderdale who want big apartments and little home-maintenance duty.

Dog Eagon, president of Stiles, told the Sun-Sentinel: “It’s amazing how many people I talk to who feel exactly that way.” [Sun-Sentinel]  Mike Seemuth


Related Articles

arrow_forward_ios
Jeffrey Epstein (Credit: Daily Beast | Getty)

Billionaire Jeffrey Epstein arrested, faces new charges of sex trafficking of minors

Billionaire Jeffrey Epstein arrested, faces new charges of sex trafficking of minors
Compass's Chad Gray, Katrina Campins of The Campins Company and 534 Bontana Avenue

Used-car magnate buys Fort Lauderdale mansion at auction

Used-car magnate buys Fort Lauderdale mansion at auction
Billionaire’s mansion deal reflects distress in market for London’s priciest homes

Billionaire’s mansion deal reflects distress in market for London’s priciest homes

Billionaire’s mansion deal reflects distress in market for London’s priciest homes
Penthouse at oceanfront Bal Harbour condo listed for $18.95M

Penthouse at oceanfront Bal Harbour condo listed for $18.95M

Penthouse at oceanfront Bal Harbour condo listed for $18.95M
(Credit: iStock)

Report: Multifamily rents rose 3.2% last year and will rise nearly 3% this year

Report: Multifamily rents rose 3.2% last year and will rise nearly 3% this year
Inside South Florida’s spec home slowdown

Inside South Florida’s spec home slowdown

Inside South Florida’s spec home slowdown
Buying a luxury home is getting pricier thanks to mortgage rate increases

Buying a luxury home is getting pricier thanks to mortgage rate increases

Buying a luxury home is getting pricier thanks to mortgage rate increases
Apartment rents in Miami are finally falling: report

Apartment rents in Miami are finally falling: report

Apartment rents in Miami are finally falling: report
arrow_forward_ios

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

Loading...