This Boutique Luxury Condo Could Be Fort Lauderdale’s Best-Kept Secret

FORT LAUDERDALE BEACH
5 Reasons This Boutique Luxury Condo Could Be Fort Lauderdale’s Best-Kept Secret
CRAIG BUJNOWSKI
Luxury Waterfront Real Estate Advisor
Fort Lauderdale | Pompano Beach
617-784-7504 | @craigbuj
NEW CONSTRUCTION. MASSIVE TERRACES. BOUTIQUE LUXURY. WITHOUT THE RITZ-CARLTON PRICE TAG.
1. ONLY 22 RESIDENCES — SCARCITY IS LUXURY
- Just 22 residences across 10 floors.
- All-corner residences with exceptional privacy.
- Only 2–3 residences per floor.
- Boutique exclusivity without the crowds of a luxury resort.
2. HUGE PRIVATE TERRACES — YOUR OWN SKY-HIGH BACKYARD
- Select terraces reportedly reach 1,955 SF.
- 10-foot ceilings and floor-to-ceiling glass.
- Ocean and Intracoastal views from select residences.
- More outdoor living space than many Manhattan apartments.
3. BUY THE LUXURY, NOT THE BRAND-NAME PREMIUM
- The Terraces: $1,100–$1,270/SF.
- Ritz-Carlton 551 Bayshore: $1,475–$1,615/SF.
- Auberge Beach: $1,500+/SF historical benchmark.
- Potentially 20%–30% less per SF than selected Ritz residences.
- Keep more capital invested instead of paying for a luxury brand.
4. MOVE IN SOONER — SKIP THE PRECONSTRUCTION WAIT
- Reportedly completed in 2026.
- European kitchens with premium appliances.
- Two parking spaces and private storage.
- Rooftop pool, fitness center and resident lounge.
- Why wait years for luxury when you can enjoy it sooner?
5. LESS RESORT OVERHEAD — MORE FINANCIAL FLEXIBILITY
- Indicative HOA of approximately $0.90/SF/month.
- Boutique amenities without extensive hotel-style operations.
- Potentially lower annual carrying costs than full-service resorts.
- Spend your money enjoying Fort Lauderdale, not just maintaining your condo.
THE LUXURY CONDO PRICE GAP
|
Development |
Indicative Price/SF |
|
THE TERRACES |
$1,100–$1,270 |
|
Ritz-Carlton 551 Bayshore |
$1,475–$1,615 |
|
Auberge Beach |
$1,500+ |
Illustrative pricing benchmarks, not current verified market averages. Auberge’s benchmark is historical. Properties differ in waterfront access, services and amenities.
THE $2.95 MILLION OPPORTUNITY
THE TERRACES | RESIDENCE 501
- $2,950,000 Asking Price
- 2,674 SF Interior Living Space
- 900 SF Private Terrace
- 3,574 SF Total Indoor/Outdoor Space
- $1,103/SF Interior Price
THE BOTTOM LINE
WHY PAY RITZ-CARLTON PRICES WHEN YOU CAN OWN NEW-CONSTRUCTION BOUTIQUE LUXURY NEAR FORT LAUDERDALE BEACH FOR SUBSTANTIALLY LESS?
The Terraces: More Privacy. More Outdoor Space. Less Money Per Square Foot.
CRAIG BUJNOWSKI
Luxury Waterfront Real Estate Advisor
Fort Lauderdale | Pompano Beach
617-784-7504 | @craigbuj
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