One $1,628 psf unit beat Fort Lauderdale’s previous price-per-square-foot record
By Sean Stewart-Muniz
Fort Lauderdale might not boast the same kinds of mansion-sized condos typical of Miami’s bigger developments, but the city still has a number of new luxury towers coming out of the ground.
Check out details on some of the city’s most recent preconstruction penthouse sales below.
Auberge Beach Residences & Spa penthouse sells at record price per square foot
With a host of luxury condo projects sprouting up all over Miami, the Related Group expanded to greener pastures this cycle with its two-tower Auberge Fort Lauderdale project.
Now, the project appears to be making a name for itself in the city as Related said one of its units was just reserved at a record-breaking price per square foot.
The 4,300-square-foot penthouse, located in the southern tower, was reserved by a Boca Raton buyer for $7 million, a Related spokesperson told The Real Deal. That price breaks down to just under $1,628 per square foot, which beats the previous record of $1,556 per foot set last year at the Ritz-Carlton Fort Lauderdale.
Read the Full Story HERE >>>> Source: The Real Deal Auberge Fort Lauderdale | Paramount Fort Lauderdale Beach