Auberge Beach Residences & Spa Fort Lauderdale is approaching a sellout in its North Tower while announcing $54 million in sales over the last 45 days for the two-tower luxury oceanfront development.
The North Tower, which is expected to be completed this year and will feature a Michelin-starred restaurant, is 90 percent sold. The South Tower, along with its full-service spa, is 45 percent sold and is expected to be delivered in 2018.
A penthouse sold last Spring for just under $9 million. Totaling 171 units, the project is a collaboration between The Related Group, Fortune International Group, and Fairwinds Group.
Miami Dolphins legend Dan Marino and The Related Group CEO Jorge Pérez are among the notable buyers.
Another Auberge-branded project is in the pipeline in Miami, but isn’t experiencing quite the same level of success amid a slowing market. It was announced last summer construction could be on hold until late 2018.