Tao at Sawgrass Mills
Sunrise, Florida Condos From Under $200,000
January 28, 2011
Hi, Joel Greene here from Condo Hotel Center. Before I tell you about the property I’m highlighting today, I’d like to give you a little insight into the South Florida market.
For the past 12-18 months, I’ve been watching prices drop on all real estate – condos, houses, office space, etc. But now, it appears, there is a light at the end of the tunnel.
There are indicators that we may be at or near the bottom of the South Florida real estate market with regard to condos. The oversupply we had seen in the past couple years is disappearing.
Some properties are now sold out while others are holding developer close-out sales, with their last few units on the market. We’ve also seen some properties begin increasing their prices. The stats support a rebound. Existing condo sales in Florida for 2010 were up 29% statewide compared to 2009.
International buyers are taking advantage of the low prices and scooping up condos throughout the Miami and Ft. Lauderdale area. In the past month, I’ve worked with buyers from Russia, England, Argentina and Curacao.
They all say the same thing, “Condos in Florida are a bargain.” And that’s usually followed by, “The weather here is great!” Yes, regardless of the state of the real estate market, the sun always shines in Florida.
So if affordability and sunshine bring you to the tipping point of buying a Florida condo, I have a terrific property for you to consider today – Tao at Sawgrass Mills.
A Luxury Lifestyle at Tao at Sawgrass Mills
Tao is a Chinese term meaning “The Way,” and in the case of Tao at Sawgrass Mills, it’s luxury all the way. An upscale condominium development, it features two contemporary 27-story towers and a total of 396 residences. It is the first high-rise in Sunrise, a suburb of the Ft. Lauderdale market, in the western part of Broward County.
The entrance to Tao Sawgrass includes a beautiful, Asian-inspired lobby, and the lush landscaping outdoors is complemented by decorative fountains. Among the amenities are:
- Large, lagoon-style pool
- Sandy beach by the lake
- Fitness center, fully equipped
- Sauna and massage rooms
- Sports/recreation lounge with billiards & TV
- Business center with work stations
- Conference room
- Social room for special events
- Mediation garden
- Putting green
- Tennis courts
- Picnic tables and grills
- Children’s playground
- Controlled access security
- Valet parking
Spacious Residences with All the Extras
The luxurious residences feature nine-foot high ceilings (11 feet in the penthouse units) with large balconies. They are delivered decorator ready.
The kitchen features include granite countertops, a KitchenAid stainless steel appliance package and European-style cabinetry.
The master bath features natural stone floor and shower, rain-shower, seamless glass enclosures, quality fixtures, Toto toilet, marble countertop and European-style cabinetry.
The Sawgrass Location Rocks!
The best feature of Tao’s location is not what you can drive to, but what is within walking distance of your front door. Tao is adjacent to Sawgrass Mills, the largest outlet mall in the state of Florida with more than 350 stores, plus great dining and entertainment options.
The Oasis at Sawgrass Mills and The Colonnade Outlets at Sawgrass Mills enhance the mall’s popularity with outdoor dining, entertainment and shopping.
At Sawgrass Mills, you could spend the day finding great values at the factory outlets of names like Coach, Guess, PUMA , Polo, Ralph Lauren Lacoste, Nautica, Juicy Couture and Kenneth Cole, just to name a few.
When you hunger for a break, you’ll find two incredible food courts and seven full-service restaurants, including The Cheesecake Factory, P.F. Chang’s China Bistro, Grand Lux Café, Villagio and Rainforest Café.
For some entertainment, Sawgrass Mills offers the Regal Sawgrass Stadium with 23 regular theaters and one IMAX, The Billiard Club and GameWorks for your whole family to enjoy.
Tao is also walking distance to the BankAtlantic Center, home of the Florida Panthers hockey team, and which hosts numerous concerts and events. It is just across the street from the brand new Flamingo Road Linear Park, which features two looped walking paths, gazebos and benches.
Sunrise is anticipating rapid future growth with the addition of various residential, retail and commercial properties. The area surrounding Tao Sawgrass is expected to become Broward County’s newest urban center with companies such as United Healthcare, Norwegian Cruise Lines, GL Homes, and the headquarter offices for companies such as AT&T, Pet Supermarket and Chubb Insurance, all creating a strong demand for upscale living in the area.
Condos From $199,000
Construction on Tao at Sawgrass Mills was completed in fall 2008 so buyers can purchase a condo and move in immediately. A variety of one, two- and three-bedroom floor plans are available at Tao at Sawgrass Mills. The condominiums offer 1,100 to 1,700 square feet of living space and views of the lake and the Fort Lauderdale skyline. Prices are surprisingly affordable, ranging from $199,000 to $379,000, and financing is available.
Originally, these condos sold for over $400 sq. ft. Today’s prices start in the $180-$220 per sq. ft. range, reflecting a potential savings of as much as 60%!
Request the Tao Data Sheet
I’ve put together a detailed data sheet that will tell you even more about this attractive property. To receive it, click on the link below, and provide your name and contact information, per the developer’s requirements.
Thank you for taking the time to read about Tao at Sawgrass Mills. I believe it offers a great opportunity to buy new construction in a quality South Florida development at deeply discounted prices. Feel free to forward this Property Alert to fri*sends who might be interested.
If you’d like to see what other properties and locales are available, be sure to check out our Featured Properties page.
I hope I successfully conveyed to you some of the optimism I’m now feeling for the South Florida real estate market. I think 2011 will bring more good news, and I look forward to sharing that with you in the coming months.
Enjoy your day.
Licensed Real Estate Broker
Condo Hotel Center
1368 NW 165th Ave.
Pembroke Pines, FL 33028
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