Condo Hotel Center: Property
Grand Beach Resort
First and Only Ft. Lauderdale Hotel Condo
On the Sand!
Joel Greene here. Today I'm writing you about a city
that's often called the Venice of America for its
300 miles of canals and inland waterways. And while
it doesn't have gondolas piloted by singing men in
striped shirts, it does have fantastic year-round
weather, 23 miles of palm-fringed beaches, and an
outstanding oceanfront condo hotel about to come on
The city is Fort Lauderdale, Florida,
and here's the background on today's property.
We at Condo Hotel Center were contacted
about two weeks ago by a developer-friend telling
us about a four-star hotel that is converting to a
condo hotel. In fact, because it was a successful
hotel first, the developer prefers to refer to its
rebirth as a "hotel condo" versus the more common
terminiology of "condo hotel."
It is located on the beach, and let
me repeat that, because I do mean ON THE BEACH. This
is a claim that all the other "oceanfront"
condo hotels on the Ft. Lauderdale Strip cannot make,
including the popular Trump Fort Lauderdale and Q
Club, as they are actually located across the street
from the sand.
This property is not yet on the market.
That won't happen until July 5, 2006. However, since
I know the developer personally from my days as a
hotel/motel broker and also through Condo Hotel Center,
he has graciously allowed me to offer this property
to our buyers a few days in advance of all other brokers.
Let me tell you a little bit about
it, and then you'll see why, if you'd like what you
hear, you'll want to move with cheetah-like speed
to reserve a hotel condo unit.
The Pelican Grand Beach Resort is a
four-star boutique hotel condo located right on the
beach in Ft. Lauderdale.
You Can Leave
Your Flip-Flops Home
Just north of the famed Ft. Lauderdale Strip sits
The Pelican Grand Beach Resort. It's an architectural
gem that offers you all the same perks you come to
Ft. Lauderdale to experience, but on quieter, less
heavily trafficked roads.
The Pelican Grand Beach Resort is
an 11-story, 156-unit, four-star boutique hotel, smaller
and more intimate than the Trumps, Hilton, W and St.
Regis being built just up the road. And still it makes
one claim that these ritzier and much more expensive
properties cannot: it's actually on the beach!
Step out of the lobby and you're taking
long sunset strolls, building sandcastles and searching
for shells. Don't even bother to put on your flip-flops
because you won't need to cross busy A1A or step on
any hot pavement. You can just hit the beach running
and feel the sand beneath your toes.
Imagine sipping your morning coffee
watching the sun rise over the whisper of the waves.
Class All the Way
The Pelican Grand Beach Resort is a British Colonial-style
hotel condominium with luxurious interior amenities
such as exotic hardwood flooring, flat screen TV's,
bar with granite countertops, refrigerators and microwaves,
and hurricane impact glass.
The hotel condo units range in size from 416 sq. ft.
to 698 sq. ft. with the least expensive units starting
at just under $500,000. For beachfront property, there
is nothing in South Florida that matches this price,
especially not with all of the amenities found in
this four-star quality property:
- Restaurant, oceanfront fine dining
- Exquisite and inviting lobby area
- Poolside bar
- Heated swimming pool with lazy
- Business center
- State-of-the-art fitness center
overlooking the Atlantic Ocean
- Multi-lingual concierge
- 24-hour security
- Room service
Be in Your
New Florida Home by Winter
The Pelican Grand was built as a hotel in December
2004 and has been well maintained. It is in like-new
condition. Only cosmetic renovations are needed (i.e.
some carpet replacements, new paint, possible restaurant
expansion.) These upgrades are already underway and
will continue while the property remains open and
The upgrades should be complete in
about 12 months. However, if you've been looking for
a place you can start using sooner than later, you'll
love the fact that they will start closing on units
before this year's end, while the final renovations
are being done. You could begin using your Florida
vacation home this winter!
Than Great Beaches
Grand has a great location if you love the sun and
the surf. The beaches are still the
main attraction in Fort Lauderdale. Stretching 23
miles, the strand has earned Blue Wave Beach certification
from the Clean Beaches Council, which recognizes the
nation's cleanest, safest and most user-friendly beaches.
Fort Lauderdale has also made a name
for itself through its world-class port, Port Everglades.
It is one of the busiest cruise ship ports in the
world, welcoming four million cruise passengers annually,
many of whom choose to spend a few days in the city
before or after setting sail.
In fact, I walked the property last
week, and while having lunch with my wife on premises,
I overheard the people behind us talking about their
cruise which was leaving in the morning.
The city's high-tech airport, the
Fort Lauderdale/Hollywood International Airport, serves
over 17 million visitors per year and is continually
expanding and updating.
Fort Lauderdale's Sawgrass
Mills, billed as the world's largest outlet mall,
features more than 300 shops. Other major malls include
the Colonnade Outlet, a $28 million high-end fashion
district currently under construction, and The Galleria
at Fort Lauderdale which has high-status retailers
like Neiman Marcus, Saks Fifth Avenue and an Elizabeth
Arden Red Door Spa.
Las Olas Boulevard, another Fort Lauderdale
see-and-be-seen locale, is a tree-lined corridor of
over 100 specialty shops, outdoor cafes, art galleries,
jazz clubs and the best in fine dining.
For a little nightlife,
there's the nearby Seminole Hard Rock Hotel & Casino,
featuring a 130,000 sq. ft. casino and a Las Vegas-style
entertainment complex. And sports fans will appreciate
their proximity to Dolphin Stadium, home of the Miami
Dolphins and the Florida Marlins.
Clearly, Fort Lauderdale isn't just
for spring breakers anymore. The city has evolved
into one of the country's most vibrant destinations.
The Ft. Lauderdale
The real estate market in Fort Lauderdale remains
as strong as ever. The economy continues to grow.
Appreciation rates over the past five years have averaged
well over 20% per year, according to Fort Lauderdale's
Sun Sentinel newspaper.
The Trump International
Hotel & Tower as well as other super upscale condo
hotels are raising the bar to create one of the most
luxurious destinations in Florida. Existing hotels
with a loyal following that convert to condo hotel
status, like the Pelican Grand Beach Resort, are also
bringing attention and prestige to the area.
Pelican Grand Beach Resort offers panoramic
views of the ocean and the City of Ft. Lauderdale.
Prices at the Pelican Grand Beach Resort range from
$484,900 to $1,225,000. Right now, you can't find
another condo hotel along the Fort Lauderdale Strip
with any units for under about $620,000. At
the Trump International, Fort Lauderdale, for example,
the least expensive studios are now priced at $799,000.
Let's face it, Fort Lauderdale is
highly desirable, and its property prices reflect
that. But if a vacation home in this exciting city
with just-outside-your-door access to its beautiful
beaches is important to you, then the Pelican Grand
Beach Resort offers you a unique ownership opportunity.
The elegant lobby of the Pelican Grand
Beach Resort reflects the four-star quality of this
boutique hotel condo.
To reserve a hotel condo unit at the Pelican Grand
Beach Resort requires a $25,000 refundable deposit.
The balance of 10% of the purchase price is due at
contract, which should be within a few weeks as soon
as the condo docs are ready. An additional 10% is
due 45 days later. Closings are expected to take place
between October and December 2006.
I've spent considerable time talking
with my developer contact and have assembled the relevant
information regarding this project in a data sheet.
It's yours for the asking. All we ask is that you
provide your full name and contact information in
accordance with the developer's registration requirements.
the Pelican Grand Beach Resort data sheet here.
Estimated time from the Pelican Grand
porch until there's sand between your toes: 8 seconds.
You for Choosing
Condo Hotel Center
It gives me great pleasure to be able to pass along
exciting opportunities like the Pelican Grand Beach
Resort to our Condo Hotel Center clients, especially
when we're able to get you in ahead of most everyone
else, ensuring you have access to the best selection
of units and first-tier pricing.
Be among the first to reserve a condo
hotel unit at the Pelican Grand Beach Resort in Fort
always, I thank you for your business and for the
trust you have put in working with Condo Hotel Center.
Have a happy Fourth of July holiday!
Joel Greene, Broker-Associate
Condo Hotel Center
A Division of Sheldon Greene & Assoc., Inc.
Licensed Real Estate Broker
12700 Biscayne Blvd., Ste. 301
N. Miami, FL 33181
PH: (954) 450-1929
FX: (954) 450-1321
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