$1.5m condo tower in Florida is now ‘the most expensive home in Florida’
A $1,527,000 condo tower built in Florida has become the most expensive house in the state, according to the Real Estate Board of Florida.
The 4.5-bedroom, 1,500-square-foot condo tower at 1845 S.W. 3rd Ave., in Fort Myers, Florida, was sold to developer Avant Homes for $1 million on Thursday.
“It’s an incredible achievement.
The house is the most valuable house in Florida, in terms of price,” said Ron C. Miller, a real estate agent with Avant, which plans to build two new condos.
“The building itself is spectacular.
It’s just a gem in its own right.”
Avant is the second-largest private developer in Florida with projects on six properties, including a $1-million condominium on W. 4th Ave.
and the $1m condo at 1770 W. 5th Ave., which opened in September.
The $1M condo, which is also a luxury apartment, is in the same building as the former home of the NBA Miami Heat, which was built in 2003.
Miller said he was stunned when he heard the news.
“I was very surprised.
I was expecting to get some questions about this,” Miller said.
“This is a big deal.
Avant really is one of the most successful developers in the country.”
Miller said that in the next year or two, he hopes to have a buyer for the condo.
“We’re in talks with a number of buyers.
It could be next week, it could be early next year, it might be later,” he said.
A high-rise condo is the rare type of development that is sold to a single buyer.
“That’s why I say you can build these kinds of things with a single developer.
It gives you the freedom to do what you want,” Miller added.
A pair of nearby condominiums, each $300,000, sold last year to developers who wanted to build a $300 million condominium complex on the same block.
The condo development has yet to be built.
Miller described the condos as a “once in a lifetime” opportunity for Florida residents.
“People are excited.
We had a lot of excitement from the community, especially the local officials,” Miller told The Associated Press.
“Avant’s a small, private developer.
But when they get this deal, it’s going to be a big, big deal.”
The condo tower is not the only condo in the building.
The home on 3rd Avenue, which sits at the foot of the lake, is currently listed for $900,000.
The former home is currently being renovated and is slated for demolition in the coming years.
The developer plans to expand the development to the lake to accommodate more people.