Boca Raton-based developer SobelCo. plans to break ground in 60 days for construction of an 11-story boutique condominium in Fort Lauderdale’s beach area. SobelCo. bought the site of the condo project at 321 North Birch Road from another developer for $10 million in 2015.
SobelCo. has almost a third of the 23-unit condominium under contract and expects to finish construction of the property by mid-2019.
Prices for the two- and three-bedroom units start at about $2 million and range up to $3.6 million. They range in size from 2,908 square feet to 3,800 square feet.
Amenities at the condominium, called 321 at Water’s Edge, will include four slips for boats up to 70 feet long and a 2,500-square-foot gym.
SobelCo. has developed two other boutique condominiums in Fort Lauderdale, a 48-unit condo near the Galleria Mall and a nine-unit condo in the Isle of Venice neighborhood. [Sun-Sentinel] – Mike Seemuth
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