The Real Deal Miami

On the scene at Amaray Las Olas’ opening: PHOTOS

Property towers over newer apartment buildings in the Flagler Village area
September 21, 2016 03:00PM

A new 30-story apartment tower in downtown Fort Lauderdale hosted a grand opening last week.

Stiles, Greystar and the Rockefeller Group developed the luxury apartment building at 215 Southeast Eighth Avenue, where monthly rents range from upwards of $2,000 to $5,800 for units sized 768 square feet to 2,450 square feet. The rents are above Broward County’s overall average of about $1,600, according to published reports.

Developers said they’re targeting Fort Lauderdale professionals who want big apartments and little home maintenance. Leasing began in January.

The property will tower over a cluster of newer apartment buildings in the Flagler Village area just north of the city’s downtown. 

“A lot of what you see is eight-story [buildings] or below, so 30 stories will offer city views, Intracoastal Waterway views and ocean views that are unmatched,” Jeff McDonough, president of Stiles Residential Group, previously told The Real Deal– Katherine Kallergis and Sean Stewart-Muniz