Pure Residence will be a 17-story tower with 187 condo hotel units located just one block from the beach. Garage parking will take up the first four floors. The residences will occupy the 12 higher stories, maximizing their views of the Intracoastal Waterway and Atlantic Ocean.
With contemporary styling, Pure Residence will have a large, sun-filled lobby with a lounge and social areas. It will also have a business center and coffee shop.
On the fifth floor will be additional amenities including:
- Sun terrace
- Swimming pool
- Fully-equipped fitness center
Services will include 24/7 security and welcome reception desk plus:
- Concierge service
- Room service
- Valet parking
- Poolside towel service
The condo hotel units will be professionally designed and delivered fully furnished. The main living areas will feature 8-feet tall, floor-to-ceiling windows and doors for panoramic water views. They’ll also have private balconies with glass railings.
Kitchens will have top quality quartz countertops, ceramic floors, stainless steel appliances and full-height custom cabinetry.
As a condo hotel, residents of Pure Residence will have some living restrictions that ensure it is used only as a second home, not a primary residence. The State of Florida limits condo hotel owners to 30 consecutive days of usage and no more than 180 days per 12 consecutive months.
When owners are not in their residence, they’ll have the option of renting out their condo hotel unit themselves or placing it in the professionally managed rental program to receive a percentage of the revenue it generates, which can help defray the costs of ownership.
Owners can also opt to participate in a two-year-leaseback program, renewable for two-year terms indefinitely, or sign a straight 10-year lease. At current prices, NET income to the owner through the leaseback program is 7.85% of their purchase price.
Pompano Beach spans 25 square miles. It is centrally located between Palm Beach and Miami Beach, about 10 miles north of Fort Lauderdale.
The city has 3.5 miles of beach and is widely known for its favorable boating and fishing. An offshore living coral reef is accessible to scuba divers and snorkelers.
From its prime location in Pompano Beach, Pure Residence is the perfect second home offering access to the best of South Florida’s world-class beaches, 200+ restaurants, cafes, shopping and nightlife.
Construction on Pure Residence is expected to begin summer 2018. It will take approximately 18 months to build, putting completion at 2020. The condo hotel units can be reserved now at pre-construction pricing.
Choose from one- and two-bedroom floor plans, ranging in size from 518 sq. ft. to 860 sq. ft. Prices start at $320,178.
If you are interested in learning more about Pure Residence, please feel free to request our detailed data sheet. We will respond within 24 hours (usually much sooner). Contact Joel Greene at Joel@CondoHotelCenter.com or call (954) 450-1929.