This will be 450ft
https://www.sun-sentinel.com/2024/02...-term-rentals/
New tower will rise in downtown Fort Lauderdale, but this one will offer short-term rentals
Downtown Fort Lauderdale is getting one more shiny new condo tower, but this one will be nothing at all like your grandma’s condo.
The 40-story tower, expected to open in 2028 with 384 units, will be the first turnkey resort condominium property in Fort Lauderdale purposely designed, built and licensed for short-term rentals, says Harvey Hernandez, founder and CEO of Miami-based Newgard Development Group.
Hernandez expects to break ground on Natiivo Fort Lauderdale in early 2025, transforming what is now a parking lot at 200 W. Broward Blvd. into a trendy spot in the epicenter of downtown.
The units, all fully furnished with 500 to 1,200 square feet, will sell for anywhere from $500,000 to $1.5 million. Owners can stay in the units themselves or rent them out like hotel suites, whether long term or short term.
The tower will rise 450 feet high and perch next to the Florida East Coast Railway tracks, just a short walk from the Brightline station and the city’s downtown arts district.
“I think it will be one of the tallest towers in that neighborhood,” Hernandez told the South Florida Sun Sentinel. “The furnishings are modern and urban. We’re looking to bring really cool, hip, urban, well-designed units to Fort Lauderdale.”
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