Construction of Lauderdale condo to start in 60 days

Boca Raton-based SobelCo. is developing the 23-unit, 11-story project called 321 at Water's Edge

Miami /
Sep.September 02, 2017 11:10 AM

Boca Raton-based developer SobelCo. plans to break ground in 60 days for construction of an 11-story boutique condominium in Fort Lauderdale’s beach area.

SobelCo. has almost a third of the 23-unit condominium under contract and expects to finish construction of the property by mid-2019.

Prices for the two- and three-bedroom units start at about $2 million and range up to $3.6 million. They range in size from 2,908 square feet to 3,800 square feet.

SobelCo. bought the site of the condo project at 321 North Birch Road from another developer for $10 million in 2015.

Amenities at the condominium, called 321 at Water’s Edge, will include four slips for boats up to 70 feet long and a 2,500-square-foot gym.

SobelCo. has developed two other boutique condominiums in Fort Lauderdale, a 48-unit condo near the Galleria Mall and a nine-unit condo in the Isle of Venice neighborhood. [Sun-Sentinel]Mike Seemuth


Related Articles

arrow_forward_ios
Rendering of the project and the location for the development (Google Maps, Native Realty)
Former Fort Lauderdale church site to be reborn with offices, retail
Former Fort Lauderdale church site to be reborn with offices, retail
The partially collapsed 12-story Champlain Towers South condo building (Getty)
Inside the tug-of-war over the Surfside condo site’s future
Inside the tug-of-war over the Surfside condo site’s future
Yacht Haven Park & Marina in Fort Lauderdale sells for $58M
Yacht Haven Park & Marina in Fort Lauderdale sells for $58M
Yacht Haven Park & Marina in Fort Lauderdale sells for $58M
Alan Jay Wildstein and the waterfront house (Alan Jay Automotive Network, Elmes Group Waterfront Estates)
Car dealership mogul sells waterfront Fort Lauderdale home for $8M
Car dealership mogul sells waterfront Fort Lauderdale home for $8M
Guillermo Lasso and the Asia Brickell Key condo in Miami
Ecuadorian president’s alleged Florida real estate ties raise questions
Ecuadorian president’s alleged Florida real estate ties raise questions
Florida Panther Keith Yandle and his Fort Lauderdale house (Getty, Compass)
Score: Professional hockey player Keith Yandle sells waterfront home in Fort Lauderdale for $6M
Score: Professional hockey player Keith Yandle sells waterfront home in Fort Lauderdale for $6M
Michael Wekerle and the Fort Lauderdale property (Getty, Compass via Douglas Elliman)
TV personality Michael Wekerle sells Fort Lauderdale mansion for $17M
TV personality Michael Wekerle sells Fort Lauderdale mansion for $17M
Keith E. Polaski and Sarah Valentini of Radius Financial Group and the Fort Lauderdale home (Radius, Compass Florida)
Mortgage lenders sell waterfront Fort Lauderdale vacation home for $6M
Mortgage lenders sell waterfront Fort Lauderdale vacation home for $6M
arrow_forward_ios

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

Loading...