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
Nautical Ventures Marine CEO Roger Moore and Holman Automotive CEO Brian Bates with 1400 South Federal Highway (Google Maps)

Holman sells former Fort Lauderdale BMW dealership for $6M

Holman sells former Fort Lauderdale BMW dealership for $6M
David Cassidy and 1600 South Ocean Drive in Fort Lauderdale (Getty)

David Cassidy’s former Fort Lauderdale home sells

David Cassidy’s former Fort Lauderdale home sells
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)

South Florida’s pandemic-fueled residential market poised for bull run in 2021

South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)

Kate Ford’s Palm Beach estate sells for $55M

Kate Ford’s Palm Beach estate sells for $55M
ICM CEO Bruce Timm and HS Capital Fund CEO Harry Spitzer with 1901 West Cypress Creek Road, Fort Lauderdale (Google Maps)

HS Capital buys Fort Lauderdale office building for $18M

HS Capital buys Fort Lauderdale office building for $18M
Orianne Collins and 34 Isla Bahia Drive (Getty, Google Maps)

Phil Collins’ ex-wife buys waterfront Fort Lauderdale mansion amid legal battle

Phil Collins’ ex-wife buys waterfront Fort Lauderdale mansion amid legal battle
Robert Palmisano and 2623 Delmar Place (Wright Medical)

Healthcare CEO buys waterfront Fort Lauderdale mansion for $9M

Healthcare CEO buys waterfront Fort Lauderdale mansion for $9M
The Gale Hotel with Harvey Hernandez

Banyan Investment buys Gale Fort Lauderdale hotel from Harvey Hernandez

Banyan Investment buys Gale Fort Lauderdale hotel from Harvey Hernandez
arrow_forward_ios

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

Loading...