LAS OLAS + BOAT SLIP - SMART MONEY BUY LIST!
LAS OLAS + BOAT SLIP - SMART MONEY BUY LIST!
Top 10 Waterfront Condo Investment Opportunities
CRAIG BUJNOWSKI | 617-784-7504 | @craigbuj
WATERFRONT SMART MONEY™
SMART MONEY TOP 10
|
Rank |
Property |
Ask |
$/SF |
HOA / Mo. |
Target Buy |
|
🥇 1 |
$1.385M |
$459 |
$991 |
$1.20–$1.25M |
|
|
🥈 2 |
215 Hendricks Isle |
$2.850M |
$822 |
$445 |
$2.55–$2.65M |
|
🥉 3 |
$2.499M |
$636 |
$1,065 |
$2.25–$2.35M |
|
|
4 |
30 Isle of Venice #403 — AquaLuna |
$1.799M |
$695 |
$1,999 |
$1.65–$1.70M |
|
5 |
333 Sunset #908 — Four Seasons |
$820K |
$420 |
$2,237 |
$750–$775K |
|
6 |
48 Hendricks #2A |
~$1.50M |
~$664 |
$1,950 |
$1.30–$1.35M |
|
7 |
333 Sunset #208 — Four Seasons |
$849K |
$480 |
$2,237 |
$775–$800K |
|
8 |
333 Sunset #1008 — Four Seasons |
$820K |
$463 |
$2,236 |
$750–$775K |
|
9 |
45 Hendricks #403 |
$1.699M |
$809 |
$2,161 |
$1.50–$1.55M |
|
10 |
$1.780M |
$836 |
$1,775 |
$1.65–$1.70M |
🥇 #1 — 76 ISLE OF VENICE #G
- 3,020 SF — huge waterfront footprint for the basis.
- $1.20–$1.25M BUY ZONE = only ~$397–$414/SF.
- $991/MONTH HOA = just ~$0.33/SF/month.
- BOAT SLIP + NO FIXED BRIDGES — real boating utility.
- RENOVATION ALPHA — buy the older interior and manufacture the luxury.
THE TRADE: Buy around $1.225M → ~$406/SF → renovate → own ~3,000 SF of Las Olas waterfront at an extremely difficult-to-replicate basis.
🥈 #2 — 215 HENDRICKS ISLE
- 3,466 SF + dock + private pool + elevator + 2-car garage.
- $2.60M TARGET = ~$750/SF.
- Only ~$445/month HOA — exceptional carrying-cost efficiency.
- Big floor plan creates strong luxury end-user appeal.
- LOW CARRY + BIG SPACE + BOATING = compelling long-term hold.
🥉 #3 — 69 ISLE OF VENICE
- 3,928 SF — almost 4,000 SF of waterfront living.
- $2.30M TARGET = ~$586/SF.
- Only ~$1,065/month HOA = ~$0.27/SF/month.
- Huge footprint creates significant renovation upside.
- BUY THE SPACE: extremely difficult to recreate this close to Las Olas + beach + boating.
RECENT ISLE OF VENICE PRICE DISCOVERY
|
Closing |
Sale Price |
Size |
$/SF |
|
$3.700M |
3,308 SF |
~$1,118 |
|
|
30 Isle of Venice #304 — AquaLuna |
$2.300M |
3,134 SF |
~$734 |
|
$1.700M |
2,849 SF |
~$597 |
|
|
$1.450M |
2,984 SF |
~$486 |
THE DISLOCATION: Older product can still be acquired around $400–$600/SF, while newer/high-end Isle of Venice product has demonstrated $700–$1,100+/SF pricing.
WHY THIS LOCATION WINS — 5 NUMBERS THAT MATTER
- LAS OLAS + BEACH: Walk to Las Olas restaurants AND Fort Lauderdale Beach. One address delivers both lifestyles.
- BOAT OUT YOUR BACK DOOR: Private dockage + no-fixed-bridge ocean access. Dinner on Las Olas tonight. Atlantic tomorrow.
- BUY ~$400/SF: #G target is ~$397–$414/SF while luxury Isle of Venice price discovery has reached $1,100+/SF. Different product—but a massive pricing spread.
- 3,000 SF + SLIP: #G delivers 3,020 SF + boating + ~$991/month HOA. Very difficult to reproduce this close to Las Olas and the beach.
- SCARCITY WINS: Waterfront + boat slip + walkability + beach proximity. You can renovate a condo. You can’t manufacture another Isle of Venice.
THE INVESTMENT THESIS
BUY THE WATERFRONT AT THE OLD-BUILDING PRICE.
CREATE THE NEW-LUXURY INTERIOR.
LET SCARCITY DO THE REST.
CRAIG BUJNOWSKI
617-784-7504 | @craigbuj
WATERFRONT SMART MONEY™
OWN THE WATERFRONT!
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