Auberge Beach Fort Lauderdale Approaches Sellout In North Tower 90 Sold In The North Tower

Auberge Beach Fort Lauderdale Approaches Sellout In North Tower 90 Sold In The North Tower

Auberge Beach Fort Lauderdale approaches sellout in north tower

90% sold in the North Tower

BYJOSH BAUMGARD

Rendering of Auberge Beach Residences & Spa Fort Lauderdale
 Courtesy of Auberge Beach

Auberge Beach Residences & Spa Fort Lauderdale is approaching a sellout in its North Tower while announcing $54 million in sales over the last 45 days for the two-tower luxury oceanfront development.

The North Tower, which is expected to be completed this year and will feature a Michelin-starred restaurant, is 90 percent sold. The South Tower, along with its full-service spa, is 45 percent sold and is expected to be delivered in 2018.

All penthouse units are also sold out, including the $8.9 million record sale reported last spring. Totaling 171 units, the project is a collaboration between The Related Group, Fortune International Group, and Fairwinds Group.

Miami Dolphins legend Dan Marino and The Related Group CEO Jorge Pérez are among the notable buyers.

Another Auberge-branded project is in the pipeline in Miami, but isn’t experiencing quite the same level of success amid a slowing market. It was announced last summer construction could be on hold until late 2018.


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Dated: February 8th 2017
Views: 545
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