Demand from buyers continues to surge in Fort Lauderdale, as the market represents a significant value proposition from Miami when it comes to top-quality luxury residential product. The Gale Residences Fort Lauderdale is particularly benefitting from the increased demand.
Newgard Development Group CEO Harvey Hernandez and President and COO Barbara Salk had the opportunity to elaborate on the hot Fort Lauderdale market during the recent The Real Deal Broward Showcase and Forum and Tower Club Fort Lauderdale Monthly Real Estate Luncheon. Both Hernandez and Salk participated in panel discussions about the preferences of Fort Lauderdale luxury residential buyers.
“Fort Lauderdale is full of user buyers who pay close attention to the product, location and terms,” Hernandez said during The Real Deal’s event. “You have to create a project that is truly unique and offer a range of unit sizes.”
The Gale is attracting strong interest from a mix of domestic and international buyers in part because the 129-residence luxury condo development was designed with value, location and quality of life in mind. Located just a block from the beach, the Gale offers two and three-bedroom residences ranging from 800 to 2,100 square feet. Prices start in the $400,000s.
While Fort Lauderdale offers value for the time being, prices are on the rise. Now is the time to act on the unprecedented value opportunity the Gale provides.
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