Condo buyers have reserved about half of the 150 units planned at the sixth in a series of Pensacola Beach condo buildings designed by a South Florida architecture firm.
Fort Lauderdale-based Adache Group Architects designed the sixth building at a condo complex on Pensacola Beach called Portofino Island Resort and the five existing buildings.
Developer Robert Rinke told Pensacola real estate agents at an invitation-only event Wednesday that the sixth Portofino building would rival any condo development in South Florida.
Rinke said 85 of the planned 150 condo units have been reserved for a reservation fee of $20,000 each.
The range of pre-construction prices is $1.1 million for a two-bedroom, 2,400-square-foot unit to $3.6 million for a four-bedroom penthouse spanning 6,500 square feet.
Floor plans have two, three and four bedrooms. Units also have an outdoor living area with a kitchen, fire place and customized flooring.
Rinke also said the sixth Portofino building will have more glass, bigger units, and a conference center among other additional shared amenities.
The planned conference center would span 80,000 square feet and encompass a spa, elevated swimming pools, a cooking-demonstration kitchen, and a wedding gazebo. [Pensacola News-Journal] – Mike Seemuth