Saturday, October 17, 2015

List of Fort Lauderdale Pre Construction Condos


I am a realtor who specializes in Pre-Construction sales.

Pre Construction is an expression used to identify properties that have not been built yet, but are in an advanced stage when their developer has already established a sales office and a sales team which cooperates with some realtors.

In Fort Lauderdale, I am presently actively selling these properties:


The Gale Fort Lauderdale Residences

A South Beach icon hotel, The Gale, will build a new boutique hotel in Fort Lauderdale.
Located on one of the most appreciated waterfront locations, between Sunrise Blvd. and Las Olas Blvd., this area of Fort Lauderdale Beach has attracted some of the best high-end hotels.

The Gale Residences will be located next to the Gale Hotel. They will not be "condo-hotel" units but
condominium residences, with their own amenities, pool, sundeck, and much more; Additionally, owners at the Gale Residences will have the privilege to use most of the hotel's amenities.
Condo Fees will be much lower that a typical condo-hotel.
Owners will be able to rent their unit with no restrictions; they would also be able to place it in the Gale Hotel's rental program if they eventually choose this additional option. It seems to be the best of both worlds.



Completion: Estimated at end of mid-2017
Developed By: Newgard Development Group and Menin Hospitality
Architect: Garcia Stromberg
128 Exclusive Residences
Starting Price: From the low $400,000s
Many Units with Intracoastal or Ocean Views



The Gale Fort Lauderdale Hotel




The Gale Residences Pool Area



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RIVA  - Fort Lauderdale



The Riva Waterfront Fort Lauderdale

Alongside Fort Lauderdale Middle River, RIVA overlooks the 20-acre George English Park to the ocean beyond.




15 Floors
100 Units
UNIT MIX : 2 AND 3 BEDROOM RESIDENCES
Sq. Ft. RANGE : 1,500 TO OVER 2,500
Two-bedroom units from the mid $600's 




Aerial View -  Riva Fort Lauderdale


 • 250-FOOT LUSHLY L ANDSCAPED ENTRY DRIVE TO RIVERSIDE LOBBY

• APPROXIMATELY 2 ACRES, ON WEST BANK OF THE MIDDLE RIVER, JUST NORTH OF SUNRISE BLVD AND GALLERIA MALL

• DRAMATIC PORTE COCHERE ENTRY WITH FOUNTAIN AND VALET SERVICE

• 60-FOOT WIDE, GLASS-WALLED, RIVER-VIEW LOBBY WITH RECEPTION/SECURIT Y DESK, ATTENDED 24/7

• LOBBY-LEVEL CAFE OVERLOOKING RIVER
• 400-FOOT LANDSCAPED PARK ALONG THE BANK OF THE RIVER, WITH SEATING, GARDENS AND WALKWAY

• PRIVATE BOAT SLIPS AND DOCK FOR RESIDENTS, ACCOMMODATING BOATS UP TO 30 FEET

• RECREATION DOCK FOR KAYAKERS AND PADDLE BOARDERS, ON-SITE WATERSPORTS CLUB WITH RENTALS

• “THE RIVA WATER TAXI”, A PRIVATE RESIDENTS’ BOAT SERVICE TO TAKE YOU ACROSS THE RIVER FOR TENNIS IN THE PARK, LUNCH AT GALLERIA, OR A SUNSET CRUISE
 • WIFI IN ALL PUBLIC AREAS
The River Club: A PRIVATE CLUB FOR RESIDENTS AND THEIR GUESTS, WITH RIVER, OCEAN AND CITY VIEWS
WATER VIEW FITNESS CENTER, FULLY-EQUIPPED WITH CARDIO, AEROBIC, AND YOGA AREAS

• ELEGANT CLUB ROOM, A COCKTAIL LOUNGE AND PRIVATE PART Y ROOM OFFERING INDOOR AND OUTDOOR SEATING AND ESCAPES

• UNIQUE CUCINA, A GRAND EXHIBITION KITCHEN EQUIPPED TO HOST A DINING EXPERIENCE OF UP TO 25 GUESTS

• BORGHESE SPA, WITH TREATMENT ROOMS AND THE FAMED ITALIAN SPA PRODUCT LINE • PRIVATE WINE LOCKERS

And much more!



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W Fort Lauderdale Residences



W Fort Lauderdale East and West Buildings


The W Fort Lauderdale Residences was built in 2008. These 147 Units have never been sold until the present. The East Tower has been and will continue being the site of the W Hotel.


At W Fort Lauderdale Residences, the apartments will be delivered completely finished, decorated, and FURNISHED, with good looking floors, appliances.
Owners will therefore be able to use their apartment the minute it’s delivered to you. And you will not have to deal with construction work.







The newly imagined Residences at W Fort Lauderdale offer resort living at its best.

A world of benefits and privileges awaits. Customized Italian cabinetry, polished stone countertops and spacious seating anchor each home’s fully integrated kitchen. Immerse yourself in spa-styled jacuzzi baths and indulgent W hotel beds found in every master-suite.

Unobstructed ocean and city views from plush private balconies. These finishing touches infuse the residences with W Fort Lauderdale’s signature elegance and comfort. Spa services, dedicated welcome ambassadors, a fitness center and oceanfront dining are all within this convenient complex.

 Owners will be able to use the building’s pool, gym and other amenities, while at the same time they are allowed to enjoy all W Fort Lauderdale Hotel’s amenities, beach facilities.





The W Fort Lauderdale Residences - Pool area


The developers are advertising these properties as condominium units.
However, there will be no rental restrictions at W Fort Lauderdale Residences. This means that owners should be able to rent for long or short periods if they want to produce income from their property.

But, unlike most condo-hotels, they can also choose to live and enjoy their apartment the whole year without limitations. In case that an owner at W Fort Lauderdale Residences would want to use his apartment for just a few weeks every year and rent it the rest of the time, without the efforts and worries, he can place it in W Fort Lauderdale Hotel’s rental program.
Price Range:

One-bedroom units start in the $700's
Two-bedroom units start at around $1M.



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The Ocean Resort Residences – Conrad Ft. Lauderdale Beach

 

In essence:

– A waterfront building
– Contemporary mid-rise tower limited to 24 floors
– 109 decorator-ready fully-serviced Oceanfront Residences with multiple finish and furnish options
– 181 Oceanfront Resort Residences delivered fully finished and furnished
– Managed by Conrad Hotels & Resorts


109 Residences - Condominium Units

181 Resort Residences - Condo Hotel Units

Studios, one, two, three-bedroom units, penthouses, starting in the $400 , 000’s





The Ocean Resort  - CONRAD -  Fort Lauderdale -  Amenities



– Private Beach Club with Caribbean pink sands in the pool deck area – the only private beach club in Fort Lauderdale

– 20,000-square-foot pool deck with a private beach club, a heated fresh water pool, two whirlpools, areas for sunbathing, priority owners cabanas, and a poolside restaurant and bar

– Food and beverage service with dedicated attendants on the pool deck

– Private beach concierge services and complimentary chaise lounges on Fort Lauderdale Beach
– Private owner lounge in the Beach Villa Tower

– Signature restaurant & lounge overlooking the Atlantic Ocean

– Conrad E-Concierge: mobile app for seamless, instant service. Keyless smart phone access; order room service, arrange valet pick-up, coordinate dining reservations, manage housekeeping, and more from any mobile device. For Hotel Residences and members enrolled in the leaseback program you can select and reserve your room from your smart phone.

– 4,000-square-foot fitness center with ocean views, state-of- the-art cardio machines, weight training equipment, studio space and personal training.

– Conrad Branded spa featuring massages, skin and beauty treatments, lifestyle coaching and more
– Onsite upscale gourmet market with wine, coffee, patisserie, and other sundries.

– Resort Retail Store

– Grand porte-cochere entrance with 24-hour valet, featuring a dramatic arrival sculpture.
– Expansive reception lobby and intimate lounge & mixology bar with seating areas.

– 20,000-square-feet of meeting spaces designed to host memorable social and corporate events
– High-speed wireless encrypted internet throughout the building with access on the beach.

– Commissioned artwork throughout the building.

– Five high-speed elevators throughout



 

The Ocean Resort  Residences Features:


– Gourmet kitchens with Subzero refrigerators and Wolfe cooktops.

– Bathrooms with walk-in-showers, marble Kohler double vanities with Water Works faucets, and showers with Kohler separate soaking tubs.

– Home IMAX 80” projection theatre.

– Flat screen televisions in every residence with the latest technology.

– Twice daily housekeeping and laundry service.

– Marble Entry Foyer.

– Spacious residences with oversized balconies & limitless views of the Atlantic Ocean, the Intracoastal Waterways, and the City of Fort Lauderdale.


– Bathrooms with walk-in-showers, marble Kohler double vanities with Water Works faucets, and showers with Kohler separate soaking tubs.

– All residences are delivered with carpet throughout the living area, painted walls, and lighting installed. Additional finish options & furniture packages available.

– Top-Quality choice of year-round living or participation in residential rental program (leaseback).



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AUBERGE BEACH RESIDENCES AND SPA -   Fort Lauderdale 

 

 

We are talking major luxury here. You will be surprised by the level of sophistication and perfection of every detail at this project. Only the best. A favorite - if you can afford it. 


• Located directly on 450 linear feet of pristine beachfront in Fort Lauderdale
• Iconic architecture by Nichols Brosch Wurst Wolfe & Associates
• Lush landscaping throughout the property
• Grand porte cochère with stunning water features
• Public spaces designed by the award-winning firm Meyer Davis Studio
• Curated collection of contemporary art selected to complement resident amenity spaces throughout.





A 4.6 acres Site Area
 450 Linear Feet on the Ocean
Units Mix: 57 - North Tower, 114 - South Tower
Prices: Ranging from $1.5 – $9.3 million

 

AUBERGE BEACH RESIDENCES AND SPA - SERVICES & AMENITIES

 



 

 

• Personalized concierge services to assist residents in accessing the most desirable social, entertainment, and lifestyle experiences in Fort Lauderdale and beyond
• 24/7 valet parking and security
• Multiple swimming pools overlooking the Atlantic Ocean
• Multiple world-class restaurants
• Private pool and beach club services and amenities including cabanas and food and beverage service
• World-class Spa by Auberge offering all-natural beauty and relaxation treatments inspired by the local environment within a tranquil and soothing atmosphere
• State-of-the-art Fitness Center overlooking the pool deck and Atlantic Ocean with dedicated studios for yoga and meditation
• Club Room with multimedia facilities, billiards and gaming tables
• Childrens’ Playroom
• Library
• Business Center


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SABBIA BEACH – Pompano Beach


 



Sabbia Beach is not properly in Fort Lauderdale but “almost”. Just on the North border, on the ocean side.  A wonderful project that we like a lot.

Sabbia Beach has only 72 spacious residences

Two- and three-bedroom units and 2 great penthouse suites, plus 4 Lanai residences.


Featuring private and semi-private elevator access leading into a dramatic double-door entryway, floor-to-ceiling glass and generous balconies with ocean, city and Intracoastal views. Chef island kitchens, custom designed Italian cabinets and the finest stone countertops hand selected for Sabbia Beach.





SABBIA BEACH  AMENITIES 

Building Features and Leisure Facilities


• Lush, tropical landscaping and dunes created by Arquitectonica Geo and superb porte-cochere entrance
• Boutique lobby with state-of-the-art security and concierge
• Exotic pool deck on the ocean with beachfront vanishing-edge heated pool Oceanfront Jacuzzi
• Top class fitness center with direct ocean views, spa, treatment rooms
• His and her steam rooms and saunas
• 3600 square foot multipurpose social room including bar, kitchen, seating, game and poker tables and large-screen TV
• Catering kitchen
• 24/7 valet parking & security Bike storage








Sabbia Beach Residence Features


• Large master suites overlooking the ocean and city Walk-in closets in master bedroom
• Freestanding soaking tubs
• Gourmet kitchens with chef’s island and Italian cabinetry Stone countertops in kitchens and bathrooms
• Miele kitchen appliances,  Sub-Zero refrigerators.
• Laundry rooms with full-size washers and dryers



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For more information about Fort Lauderdale Pre-Construction Condos, please contact: 

HENRY B. NATHAN

United Realty Group Inc.


(800) 416-2747  -    (954) 296-6741  -  From France: 01-82-88-88-65




Tuesday, October 06, 2015

Citizens to shed at least 130,000 policies through 2016




After shedding around 900,000 policies over the past three years, Florida's state-run insurer of last resort plans to downsize even more through 2016.

Citizens Property Insurance Corp. has reduced its risk from nearly 1.5 million policies in 2012 to less than 586,000 policies today and sees itself shrinking further – to between 400,000 and 450,000 policies by the end of next year, company officials said this week.
About 47 percent of Citizens' remaining policies are in Broward, Palm Beach and Miami-Dade counties.
Private insurance companies absorbed 416,723 Citizens policies in 2014 and 141,680 so far this year through a state-mandated "takeout" policy that aims to reduce the amount of risk borne by Citizens.
"Takeout activity is just going at an unprecedented pace," Citizens President and CEO Barry Gilway said Wednesday at the company's Board of Governors meeting. "And the interesting thing is there's growing interest in areas of our business that didn't exist before."
For the first time, private companies are showing interest in taking over coastal and wind-only policies.
Gilway said the number of Citizens policies could be in the "low 500,000 range" by the end of the year.
That's because 465,357 more policies have been approved for takeout by the Office of Insurance Regulation in October and November. Tens of thousands of Citizens customers in South Florida can expect to receive letters stating that their policies will shift to a new carrier unless they "opt out" of the transfer and decide to stay with Citizens.

From January through July, about 22 percent of policies approved for takeout were actually assumed by new carriers, but insurers have been making fewer offers to approved policyholders since July. One reason is the private companies have already chosen the least risky of Citizen's policies. Remaining policies tend to be higher risk but cost less than what should be charged in the private insurance market.

Private companies have been able to grow rapidly in large part because of the low cost of reinsurance – what insurance companies buy from larger companies to make sure they can cover claims after a catastrophe. And reinsurance costs are low because fewer global catastrophes have occurred over the past few years, while low interest rates have persuaded more investors to enter the reinsurance market in search of higher returns.

In Florida as well, insurers are profitable and Citizens entered the storm season in June with $7.5 billion in surplus and $3.9 billion in reinsurance coverage because the state hasn't been hit by a named hurricane since 2005. That situation could change rapidly if a storm does occur, but for now, private insurers have been able to persuade policyholders to accept a transfer because they've been able to offer lower premiums.

Citizens this week outlined changes in how policyholders will be notified of their takeout selection by private insurers.

As of this month, offer letters will include a comparison of estimated premiums the policyholder will pay if they allow assumption by the new company, as well as if they remain with Citizens. Previous letters included only premiums for the new company.

"We think that's hopefully a game-changer with respect to folks having the information they need to make an informed decision," said Christine Ashburn, Citizens' vice president of Communication, Legislative and External affairs.

Policyholders will now get a letter from Citizens informing them about the takeout before they get a letter from the new company. Previously, only the new company sent a letter, which some customers mistook for junk mail. 

Policyholders still must send "opt out" letters to the new insurer if they decide to remain with Citizens, but in the future, Citizens plans to enable an online method for opting out.

Read in FloridaRealtors.org

Friday, October 02, 2015

More about Citizens Insurance Survival




Oct. 2, 2015

Few owners switch insurance through clearinghouse



By early 2016, four more insurers are set to join 14 others in a clearinghouse that boots renewing customers out of state-run Citizens Property Insurance Corp. if a private carrier offers coverage for the same price or less.

Still, the computerized clearinghouse used by agents, launched in 2014, so far has sent far fewer customers to private insurers than traditional "takeout" offers companies mail to Citizens policyholders.

To date, 2,388 policies have not been renewed out of nearly 600,000 at Citizens by way of the clearinghouse, records prepared for a Citizens board meeting Wednesday show.

That's nowhere near the 141,680 who have left this year through transfer offers sent by mail, though the acceptance rate for those offers has dropped below 50 percent this year from 70 percent in 2014.
Scheduled to join the clearinghouse in the first quarter of 2016 are Edison Insurance Co., Monarch National, Southern Fidelity Insurance and Southern Fidelity Property & Casualty.

Citizens officials say there is reason to think the clearinghouse itself may be driving takeout offers, because insurers have been prodded to extend offers through state-approved letters rather than wait for a clearinghouse resolution where the customer premium might be lower.

About 40 percent of the company's policies have not passed through the clearinghouse because they have been targeted for takeout offers, said Adam Marmelstein, who oversees the clearinghouse for Citizens.

CEO Barry Gilway told the Citizens board Wednesday the company continues to play "whack-a-mole" with a host of challenges including water-loss claims in Miami-Dade County.

But he expects the company to keep getting smaller, regardless of the exit ramp customers may take. Executives have estimated if Florida's decade-long hurricane reprieve continues, the Citizens customer count could fall as low as 450,000 next year from a high of 1.5 million in 2012.