|
|
|
An Announcement
|
Hollywood, FL
|
|
|
|
|
A Note to the Brokerage Community
|
|
|
|
|
Hi!
A quick update worth sharing: I have joined the Icon Beach Hollywood sales team. A landmark tower set between the Atlantic and the Intracoastal, with bespoke finishes and a level of design detail rarely seen at this price point in South Florida.
|
|
Bring Me Your Beach Buyer
If you have a client looking for a property close to the beach, with a $1M budget, send them my way. Icon Beach sits on the Intracoastal with the beach club site directly across South Ocean Drive. Residents walk out of the lobby and onto the beach, just across the street. This is as close to a true beach residence as new construction gets on this stretch of coast.
The rest of the buyer story writes itself:
|
|
Entry under one million. A 1 Bedroom from $995,000. Finding a new-construction unit steps from the beach under $1M in South Florida right now is nearly impossible. Finding one from Related Group with Meyer Davis interiors, at that price, is the exception.
|
|
|
Two waters, one address. Intracoastal from the balcony, Atlantic across the street. Sunset views one side, sunrise the other. Buyers stop comparing to other Hollywood listings once they see the orientation.
|
|
|
|
The address is 3724 South Ocean Drive, Hollywood. The tower sits on the Intracoastal, across the street from the beach. No shuttle, no drive, no "beach access" that turns out to be a mile away.
|
|
38
Stories
|
1–3 BR
948 – 2,500 SF
|
$995K+
From, April 2026
|
|
|
|
|
A Few Details
|
|
|
|
|
|
Related Group and BH Group, with Meyer Davis interiors, CFE architecture, and Witkin Hults landscape. The same caliber of team Related places on Rivage Bal Harbour and St. Regis Miami, priced in a different universe.
|
|
|
From $995,000 for a 1BR Intracoastal, up to $2.68M for a 3BR SW corner. The most accessible Related Group waterfront product currently on market.
|
|
|
Deposit structure is 20% at contract, 10% at groundbreaking, 10% at top-off, 60% at closing. Friendlier than most of the Miami-Dade pre-construction pipeline.
|
|
|
Between Miami and Fort Lauderdale. FLL is the closer airport. Aventura Mall, Bal Harbour Shops, and Las Olas are all inside a normal drive.
|
|
|
Broker Resources
|
|
Construction Loan Has Landed
Related Group and BH Group have secured a $360 million construction loan from Tyko Capital, advancing Icon Beach into the construction phase. The financing signals continued confidence from private lenders in South Florida's luxury waterfront market, particularly for well-capitalized sponsors. The 38-story tower is planned for approximately 350 residences with resort-style amenities, and delivery is expected in 2028.
|
|
|
|
|
|
|
|
|
Oral representations cannot be relied upon as correctly stating representations of the developer. For correct representations, make reference to the documents required by Section 718.503, Florida Statutes, to be furnished by a developer to a buyer or lessee. Pricing and availability subject to change without notice. The beach club referenced herein is not located on site at the Condominium; it is located off site and is anticipated to be provided through a separate agreement with a third party and may be for a limited term.
You are receiving this email as a licensed real estate professional. If you would prefer not to receive these updates, simply reply with "unsubscribe" and I will remove you from the list.
|
|
|
|
