A real estate boom is happening in Fort Lauderdale, Florida. Once a budget friendly, spring break town by the beach, just North of Miami, the area is experiencing a surge in growth with a string of new luxury hotels and residential buildings along the beach. While Millionaires Row is known for its stately waterfront mansions anchored by large yachts, the high-end resort industry is quickly staking its claim into one of the fastest moving markets in the United States.
A four-bedroom penthouse in the Auberge Beach Residences South Tower has recently sold for $8.9 million, setting a new record in Fort Lauderdale, pushing out the now previous most expensive residence sold – the 2009 sale at The Ritz-Carlton Residences for $6.875 million.
The record-breaking penthouse boasts over 5,800 sq. ft. living space with an additional 3,970 sq. ft. of exterior living area including a private plunge pool. There are 4 bedrooms, 6 baths, plus a den and a private sun room with 270 degrees of panoramic views of Fort Lauderdale Beach and the city lights. The new owner of the South Tower Auberge penthouse is a mid-west manufacturing CEO who will be joining high profile neighbors including Miami Dolphin’s Dan Marino and philanthropist/author Annie Falk among others.
Standout features of the penthouse include; an expansive floorplan designed to appeal to extended multigenerational families, Floor-to-ceiling window walls overlooking the unmatched coastal setting, private terrace, that nearly doubles the property’s liveable space, complete with an array of outdoor dining and entertaining spaces, access to world-class, resort-style amenities that are curated by legendary luxury hospitality company Auberge Resorts Collection, including exclusive services at the signature Auberge Spa.
Take a moment to visit my Auberge Beach Residences page for more information about this exciting new Fort Lauderdale development.