PPG Development and L3C Capital Partners have officially topped off the construction of Bay Harbor Towers, an eight-story luxury condominium community situated along the picturesque waterfront of Bay Harbor Islands. This significant construction milestone marks a crucial step towards the completion of the highly anticipated development, which promises upscale living with stunning water views.
Key Takeaways
- Bay Harbor Towers, an eight-story luxury condo community, has reached its topping-off milestone.
- The development is located at 10141 East Bay Harbor Drive and offers residences with water views and terraces.
- The project is experiencing strong sales, with 75% of units already sold.
- Remaining residences start at $2.6 million, with penthouses priced from $10 million.
- Amenities include a private marina, fitness and wellness centers, and indoor/outdoor pools.
A Closer Look at Bay Harbor Towers
The Bay Harbor Towers development, located at 10141 East Bay Harbor Drive, is designed to offer a premium waterfront living experience. The residences feature expansive terraces and captivating water views, appealing to discerning buyers seeking an exclusive lifestyle. The project is being marketed and sold by Fortune Development Sales.
Sales Momentum and Remaining Inventory
The development has seen remarkable success in its sales efforts, with 75% of the residences already under contract. Currently, only nine residences and two penthouses remain available for purchase. The starting price for the available units is $2.6 million, while the exclusive penthouses are listed from $10 million, reflecting the prime location and luxury offerings.
Unparalleled Amenities
Residents of Bay Harbor Towers will have access to a comprehensive suite of amenities designed for comfort and recreation. These include a private marina situated on the Indian Creek waterway, a state-of-the-art fitness center, and a dedicated wellness center equipped with hot and cold plunge pools. Additionally, the community will feature both indoor and outdoor swimming pools, enhancing the overall lifestyle experience.
Developer and Sales Outlook
Edgardo Defortuna, president and CEO of Fortune International Group, expressed optimism about the project’s progress and market reception. He noted that the strong interest in Bay Harbor Towers validates the project’s design, location, and the lifestyle it provides. Defortuna anticipates that the positive momentum will continue, especially as South Florida approaches its busy winter selling season.