Four Seasons Private Residences
Fort Lauderdale Oceanfront Condos & Hotel Residences
February 2, 2017
I grew up in South Florida and over the years have seen so many significant changes in our part of the world. South Beach, now an uber-hip destination for celebrities and the backdrop for many commercials and ads, was where Jewish grandparents came to grow old and die when I was a kid.
Downtown Miami, now a pedestrian-friendly neighborhood full of luxury condominium skyscrapers, fine dining restaurants and exciting nightlife, was once only commercial office space and bank buildings.
But perhaps no area has seen as significant a transformation as the nearly three-decade evolution of Fort Lauderdale. What was once known only as a spring break destination for college students has become a year-round, internationally acclaimed, upscale resort and residential area.
In fact, the very spot where the wet T-shirt contest was invented is now home to a five-diamond luxury resort. Now that’s progress!
The featured property I have for you today is further proof of Ft. Lauderdale’s extreme makeover into a world-class city. Read on for details.
Five Stars for Four Seasons
The Four Seasons Private Residences Fort Lauderdale will be a prestigious five-star, mixed-use property. Designed by an international team of visionaries, it will sit on 1.8 acres of facing the beach. The units will breakdown the following way:
- 130 Four Seasons hotel rooms
- 48 hotel residences (condo hotel units eligible to be placed in the rental program)
- 42 private residences (traditional condos)
Every detail of construction, architecture, interior design, and operations will be supervised by Four Seasons.
A Full Complement of Amenities
Residents and visitors of the Four Seasons Ft. Lauderdale will be able to select from a long list of a la carte services, such as car service to and from the airport, in-residence dining, in-residence spa services, business center assistance, butler services, personal trainers and even dog grooming services.
The resort’s amenities include:
- Lush gardens by landscape designer Fernando Wong
- Five star fine dining restaurant
- 3rd floor oceanfront terrace restaurant by Martin Brudnizki with indoor/outdoor seating
- Oceanfront pool deck featuring 2 heated swimming pools
- Poolside cabanas and pool services
- Four Seasons spa
- Fitness studio
- Kids for All Seasons program
- 24-hour security
- Electric car charging ports
Both the hotel residences and the condo residences will have full access to Four Seasons services, in addition to their own dedicated porte-cochere entrance, lobby with separate elevator core and high-speed elevators, and residents only fitness center.
The Four Seasons residences will be delivered decorator-ready with Tara Bernerd-detailed kitchens and baths.
Each of the residence types will contain the following features, but only the hotel residences will also come with a full furniture package included.
- Private expansive terraces with glass railings, ocean & city views
- Floor to ceiling windows throughout the residence
- Travertine stone flooring
- Custom-built closets
- Custom lighting design
- Kitchen appliances by Miele, Wolf or Subzero
- Kitchen fixtures by Dornbracht
- Bathrooms feature European custom cabinetry, Waterworks fittings and Lefroy Brooks soaking tub
The Hotel Residences
The hotel residences, unlike the traditional condos, can be placed in the hotel’s rental program, generating revenue to help offset the expenses of ownership.
Consider these benefits:
- There will be only 48 hotel residences, so there is little competition.
- The rental split is favorable: 10% comes off the top for administrative costs, and the rest is split 60-40 in the owner’s favor.
- There are no living restrictions on the hotel residences. Owners may place their unit into the hotel rental program or may choose to live at the Four Seasons year-round.
- Because owners have the option to live in the Four Seasons year-round, their units are eligible for homestead tax exemptions.
- Because the units are sold as hotel residences and not condo hotel units, real estate taxes are closer to 1.5% than 2%.
An Ideal Location
Set in the heart of Ft. Lauderdale Beach, the Four Seasons Residences Fort Lauderdale sits across from the beautiful Atlantic Ocean. It enjoys close proximity to Las Olas Boulevard with its many shops and restaurants, as well as the Broward Center for the Performing Arts, and the Fort Lauderdale International Airport, just 10 minutes away.
The area’s biggest attraction, however, is its 23 miles of golden beaches with exceptional deep sea fishing, yachting, snorkeling and diving. It is also near Port Everglades, one of the top three cruise ship ports in the world.
Construction on the Four Seasons Fort Lauderdale is expected to begin fall 2017 and to be completed approximately two years laterin fall 2019. The residences are now on the market at pre-construction prices.
If you’d like to become an owner at the Four Seasons Fort Lauderdale, you have the choice of purchasing a hotel residence or traditional condominium. The hotel residences come in floor plans with either one or two bedrooms. Prices range from $1,100,000 to $4,000,000.
The condominiums come with two to four bedrooms and range in price from $3,350,000 to $6,500,000.
Want to know more? I have plenty of details in my Four Seasons Private Residences Ft. Lauderdale data sheet, which you can request below.
Ft. Lauderdale Has Grown Up and So Have I
As I mentioned at the beginning, back when I was in college in the late mid ’80s, Ft. Lauderdale was where everyone headed for spring break. It took courage for the local political leadership to yank out the welcome mat from nearly 400,000 raucous college students in an effort to change its reputation as the Spring Break Capital.
Tourism and city officials focused on modernizing infrastructure to attract couples, multigenerational families, international visitors, LGBT travelers, and business and convention-goers.
The move ignited a renaissance that brought new facilities and services including the Broward Center for the Performing Arts, the 600,000-square-foot Broward County Convention Center, the Museum of Art and Museum of Discovery and Science, Sawgrass Mills Mall and expansions at the Fort Lauderdale-Hollywood International Airport and Port Everglades (cruise ship port).
While Spring Break was a valuable part of Fort Lauderdale’s history in its early years, bringing a boost to the local economy, the city’s growth and emergence as an upscale, world-class destination would not have been possible without saying goodbye to the college kids.
On a personal note, not only has Ft. Lauderdale grown up; I have too. And now that my twin girls are in college, I’m so glad I don’t have to worry about them going there and participating in the debauchery (Think Girls Gone Wild, wet t-shirt contests and cheap booze-Oy!).
If a luxury oceanfront condo in Ft. Lauderdale sounds appealing to you, I hope you’ll request my Four Seasons Ft. Lauderdale data sheet and then give me a call to discuss your options.
Have a great day!