AUBERGE - THE ULTIMATE FORT LAUDERDALE BEACH TROPHY PENTHOUSE

by Craig Bujnowski

AUBERGE - THE ULTIMATE FORT LAUDERDALE BEACH TROPHY PENTHOUSE

CRAIG BUJNOWSKI | 617-784-7504 | @craigbuj

2200 North Ocean Boulevard - Fort Lauderdale, FL

AUBERGE N1701/N1801

  1. $13.85M ASK — 5,822 SF = $2,379/SF.  
  2. ONE-OF-ONE TROPHY — two-story penthouse, top floors, 360° ocean + Intracoastal views.
  3. PRIVATE POOL + MASSIVE TERRACES — the type of features that make this fundamentally different from a standard Auberge unit.
  4. $12M = THE NUMBER — 5,822 SF for just $2,061/SF.
  5. $11.5M = $1,975/SF — $2.35M / 17% below ask.
  6. WEST PALM COMPARISON — The Bristol’s three latest $10M–$20M closings averaged $3,218/SF, including a 2026 sale at $3,503/SF.  
  7. NEW WEST PALM IS EVEN HIGHER — South Flagler House’s current trophy inventory asks roughly $3,179–$5,035/SF; its duplex penthouse asks $70M / $5,035/SF. These are asks, not closed comps.  
  8. MIAMI BEACH TROPHY PRICING — Q1 2026 active inventory included Continuum North 5BRs around $5,025/SF, Oceana 4BRs around $5,309/SF, and Oceana 5BRs around $8,340/SF.  
  9. THE RELATIVE-VALUE TRADE — at a $12M purchase / $2,061/SF, Auberge would be roughly 36% below The Bristol’s $3,218/SF trailing-year benchmark and dramatically below trophy asking levels in Miami Beach and new West Palm. That’s not an apples-to-apples valuation, but it shows the magnitude of the geographic pricing gap.  
  10. THE TRADE — Open $11.25M → target $11.75M–$12.25M → max ~$12.5M.

3 REASONS TO BUY

1. BUY THE SAME SOUTH FLORIDA TROPHY LIFESTYLE FOR LESS — Around $2,000–$2,100/SF versus roughly $3,200+ closed at The Bristol and much higher asking prices for trophy inventory in West Palm and Miami Beach.  

2. YOU’RE ACTUALLY ON THE OCEAN — Auberge gives you direct Fort Lauderdale beachfront, while West Palm’s Flagler Drive trophy towers are primarily Intracoastal waterfront overlooking Palm Beach.  

3. REPRICING OPTIONALITY — You don’t need Fort Lauderdale to become Miami. A partial narrowing of the $/SF gap could create substantial appreciation from a ~$2,061/SF basis.

THE $12M RELATIVE-VALUE TRADE

AUBERGE: ~$2,061/SF purchase target
BRISTOL: ~$3,218/SF recent benchmark
SOUTH FLAGLER HOUSE: ~$3,179–$5,035/SF current asks
MIAMI BEACH TROPHY: often $3,500–$5,000+/SF in premium active inventory.  

SMART MONEY TRADE

WHY PAY MIAMI OR WEST PALM PRICING?

BUY 5,822 SF OF DIRECT-OCEAN TROPHY REAL ESTATE AROUND $2,000/SF.

BUY THE PENTHOUSE. BUY THE SCARCITY. BUY THE PRICING GAP.

CRAIG BUJNOWSKI | 617-784-7504 | @craigbuj

OWN THE WATERFRONT!

 
Craig Bujnowski

Craig Bujnowski

Advisor

+1(617) 784-7504

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