Sage Beach condo in Hollywood opens 85% sold

Miami /
Sep.September 10, 2016 09:00 AM

Sage Beach, a new beachfront condominium in Hollywood, opened for occupancy and the first residents moved in.

Property Markets Group (PMG) developed the 24-unit condominium at 2101 South Surf Road, which has 300 feet of beachfront access.

PMG says it has sold 85 percent of the units. Prices start at $1.3 million and range up to $2.2 million.

Southeastern Broward County has emerged as a hot market for condo development. According to Cranespotters.com, almost 5,000 condo units have been built or proposed  in Hollywood and Hallandale during the last five years, compared to nearly 2,800 in Fort Lauderdale, the second-most active condo development market in Broward County.

PMG also made headlines recently by announcing a proposed redevelopment of the Las Olas Riverfront complex in downtown Fort Lauderdale that would put 1,200 apartments on the mostly vacant property along the New River. [Sun-Sentinel] Mike Seemuth


Related Articles

arrow_forward_ios
From left: The Estate Companies' managing principal Robert Suris and principal Jeffrey Ardizon along with a rendering of Soleste Pompano Beach and a sitemap for Soleste Hollywood Boulevard (The Estate Companies)
Estate Companies’ Pompano Beach, Hollywood apartment projects advance
Estate Companies’ Pompano Beach, Hollywood apartment projects advance
Charles “Chip” Abele and the 1818 Park project at 1818 Hollywood Boulevard (1818 Park)
Charles “Chip” Abele sells Hollywood mixed-use project for $66M tied to $84M refi
Charles “Chip” Abele sells Hollywood mixed-use project for $66M tied to $84M refi
Sergio Agüero with 900 South Northlake Drive (Getty, 1 Oak Studios, iStock)
Soccer star Sergio Agüero pays record $15M for Hollywood mansion
Soccer star Sergio Agüero pays record $15M for Hollywood mansion
Transamerican Development's President Albert Benalloun with  3100 South Ocean Drive (Google Maps, Benher Capital)
Publix pays $13M for waterfront Hollywood site approved for supermarket
Publix pays $13M for waterfront Hollywood site approved for supermarket
Joseph Chetrit and the Hollywood Beach Resort (Chetrit Group, LoopNet)
Redevelopment ploy? Chetrit buys 102 condos at aging, oceanfront Hollywood Beach Resort
Redevelopment ploy? Chetrit buys 102 condos at aging, oceanfront Hollywood Beach Resort
Luna at Hollywood condominium at 3600 Van Buren Street (Apartments.com, iStock)
Surfside investor completes $34M Hollywood bulk condo purchase
Surfside investor completes $34M Hollywood bulk condo purchase
Hollywood (Reinaldo Borges of Borges Architects & Associates, iStock)
Italian developer plans 180-unit apartment project in Hollywood
Italian developer plans 180-unit apartment project in Hollywood
Rendering of Nautilus Apartments (Shulman and Associates)
Demand driver: Grosman family plans to expand Hollywood rental comple
Demand driver: Grosman family plans to expand Hollywood rental comple
arrow_forward_ios

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

Loading...