Last Call for Ft. Lauderdale Area
Sonata Beach Club, Close-out Pricing
May 13, 2011
Hello, Joel Greene here from Condo Hotel Center. Back in January, there were only six Fort Lauderdale-area condominium buildings with new inventory (as opposed to resales) on the market. Today, two of those are sold out, and of the four that remain, only a total of 50 condos are left.
If you wish to own a brand new condominium in the Fort Lauderdale area, 2011 will likely be your last year to purchase one for several years. Let me explain why.
When the South Florida real estate market crashed a few years ago, two things happened as a result.
- The condo development boom that preceded it resulted in an over-abundance of condominium supply on the market. This inventory was heavily discounted and created a real buying opportunity for our investors.
- With too much supply on the market, developers halted all new planned construction projects, so nothing new may be available for years.
Today I want to introduce you to a boutique condo property that’s in the Fort Lauderdale area. It’s just slightly to the north in beautiful Pompano Beach, and it’s a chance to get a great deal on a new and luxurious condo, one of the last opportunities of its kind.
Sonata Beach Club, Reduced Pricing
We all love to hear those “three little words.” No, not “I love you.” If you are a real estate investor, the three words that can put that same smile on your face are “DEVELOPER CLOSE-OUT PRICING.” And, that’s just what we have for you today at Sonata Beach Club. With only 13 remaining condos, that’s an opportunity ripe for the picking.
At Sonata, prices on their unsold inventory have recently been reduced from a range of $825,000-$1,375,000 to $565,000-$855,000, which averages to about a 35% discount. However, the developer wants to close out this property within the next two months and will make an even better deal for a serious buyer who recognizes the value and is ready to pull the trigger now.
One of the Best Amenities Is the Beach
Sonata Beach Club is nestled on a gorgeous stretch of the beach at Pompano Beach, Florida, just south of the main strip known as Atlantic Boulevard. It is a 16-story boutique building containing only 64 condos, four per floor, and an architectural style that is both stylish and sophisticated.
When you enter the building, you see a majestic 17-foot ceiling grand lobby. But that’s just one of the property’s appealing features. It also has the following:
- Waterfall pool
- Cabana bar
- Fitness center, fully equipped
- Men’s and ladies’ spa with sauna
- Tropical landscaping throughout grounds
- Concierge service, 24/7
- Valet parking
- 24-hour security
One of the best amenities is the Sonata’s proximity to the beach. The development backs up to A1A, and its front entrance is about 20 steps, through their gated pool area, to Pompano Beach’s beautiful three-mile stretch of golden sand and the Atlantic Ocean. The local beach is recognized as a Blue Wave award winner.
An Ideal Location
Sonata Beach Club is located on Ocean Boulevard, just north of the excitement of Ft. Lauderdale, but close enough that you can be dining on the Strip or shopping and strolling along Las Olas Boulevard in minutes.
Pompano Beach is a great place to call home. It offers miles of beautiful beaches, warmed by the Gulf Stream waters. It also serves as a great point to charter a yacht for the day at one of the local marinas, embark on a fishing or scuba diving exhibition or simply relax waterside at one of the nearby restaurants.
South Florida is home to Florida’s best sports teams from the Miami Dolphins and the Miami Heat to the Florida Panthers and Florida Marlins.
Pompano offers horse racing at the world famous Pompano Harness Track which includes 1,500 slot machines, 34 poker tables, race simulcasting, and four upscale restaurants.
Of course, the Fort Lauderdale Seminole Hard Rock is also nearby. It’s a 300,000 sq. ft. gaming, shopping, dining and entertainment complex. Whether you enjoy gambling or watching basketball, baseball or golf, your entertainment needs will be met by the many venues within driving distance of the Sonata.
Condos with All the Extras
The condo residences at Sonata Beach Club are designed to take maximum advantage of ocean and Intracoastal Waterway views. They feature dramatic floor-to-ceiling windows and have spacious balconies. You really have to see these views for yourself to appreciate them!
The remaining condos range in size from 2,529 sq. ft. to 2,838 sq. feet. They are designed with gourmet kitchens with granite countertops, stainless steel appliances and Italian wood cabinetry.
The bathrooms have dual vanities and Roman tubs. Ceilings are no less than nine feet, and you’ll find beautiful tile and hardwood floors throughout.
Construction on Sonata Beach Club was started in early 2007 and completed in December 2008.
Want to know more? I’ve put together a detailed data sheet with condo sizes, prices and more photos. To receive it, you just need to provide your full name and contact information, per the developer’s requirements.
Other South Florida Condos
Thank you, as always, for your interest in the properties we showcase at Condo Hotel Center. I hope you enjoyed my write-up on the Sonata Beach Club.
If you’d like to know what other properties we have available in Florida, check out our Florida Featured Condos. And if you specifically want a condo in the Fort Lauderdale area, I encourage you to look at our descriptions of Sapphire Condominium, Villas of the Sea, and Plaza at Oceanside, all of which have just a few remaining condos. Like I said at the beginning, last call for Fort Lauderdale!
Have a super day!
Licensed Real Estate Broker
Condo Hotel Center
1368 NW 165th Ave.
Pembroke Pines, FL 33028
Want to know more about me? Click below:
Follow us on Facebook.
© Copyright 2011 Condo Hotel Center
*All rights reserved. No portion of this Property Alert may be reproduced, exhibited or distributed without the express written permission of Condo Hotel Center. Although Condo Hotel Center believes the information contained in this Property Alert to be accurate and complete, Condo Hotel Center can make no such guarantee.