Mansion Global

Fort Lauderdale, Florida, Penthouse With a Private Boat Slip Heads to Auction

The apartment, currently asking $2.39 million, has no reserve

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A penthouse in Fort Lauderdale, Florida, with views of the city’s skyline and waterways, is headed under the hammer with no reserve.

The three-bedroom apartment will be sold through Elite Auctions at an in-person auction on June 20, with online bidding also available.

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Spanning upward of 3,100 square feet, the penthouse property has custom-designed finishes throughout, such as the chef’s kitchen and the walk-in closets, according to the listing. There are floor-to-ceiling windows, a private elevator and a rooftop deck with a summer kitchen.

But not all of the home’s amenities are inside its walls. Outside, a private boat slip is part of the sale, as are two covered parking spaces complete with electric charging stations. The new owners will have access to the building’s amenities, too, including a pool.

The home is currently also available to purchase for $2.39 million.

“This opportunity is waterfront luxury living at its finest,” said Tara McLean, president of Elite Auctions.

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“The penthouse has a custom bar for entertaining, [and a ] wrap-around terrace with barbecue area,” she said, further noting its low homeowners association fees—which cover the costs of maintaining a building's common areas—and “perfect” location. “What more could you possibly ask for in a no-reserve auction?”

Mansion Global could not identify the owners of the home.

Fort Lauderdale is within Broward County, which recorded 6.1% annual median price increases in April, while transactions declined because of the global coronavirus pandemic, according to a recent report from the Miami Association of Realtors.

“With stay-at-home orders ending and South Florida slowly reopening, listings and buying activity has definitely rebounded despite the Covid-19 situation,” Sharon R. Lindblade, president of the association’s Broward branch, said in the report, released last week. “Broward County is home to a seller’s market with just 3.9 months’ supply of single-family homes. The robust fundamentals of the South Florida housing market is already leading to increased buying activity.”

South Florida’s low-tax environment continues to draw in transplants from around the U.S., which will likely continue to push up prices in the long run, Mansion Global previously reported.