Selene Fort Lauderdale vs. Ritz-Carlton 551 Bayshore

by Craig Bujnowski

Luxury real estate is often a relative-value trade. As Ritz-Carlton Residences at 551 Bayshore establishes another premium benchmark, Selene investors can ask a simple question: how large should the valuation gap really be? Even partial compression could materially change Selene values.

A Selene purchase around $1,300/SF versus a hypothetical $1,600+/SF Ritz benchmark represents roughly a 19%+ discount.
If Selene moves from $1,300 → $1,600/SF, that’s approximately 23% appreciation before carrying costs.
At $1,800/SF, the same move represents roughly 38% gross appreciation.
On 2,500 SF, every $100/SF of repricing equals $250,000 of additional property value.
Selene doesn’t need to equal Ritz-Carlton Residences Fort Lauderdale at 551 Bayshore — closing just part of the valuation gap can drive the thesis.

POTENTIAL UPSIDE:

$1,300 → $1,600/SF = +$750K on 2,500 SF.

$1,300 → $1,800/SF = +$1.25M on 2,500 SF.

Craig Bujnowski
Luxury Waterfront & Las Olas Condo Advisor
@craigbuj | 617-784-7504