Luxury Listings, Part 6

The real estate market is sizzling in South Florida, with multimillion-dollar homes like this one leading the way

Note: This is the sixth in a series of nine luxury residential properties featured in the April issue of Lifestyle.

Address: 701 N. Fort Lauderdale Beach Blvd., PH 1801

By the numbers: 5,985 square feet of living space; 4 bedrooms, 5 full baths, 1 half bath

Highlights: Paramount, the amenity-rich high-rise condo overlooking a private stretch of Fort Lauderdale Beach, provides the boutique backdrop for this custom-designed penthouse. The two-story unit (covering the 18th and 19th floors) boasts its own rooftop swimming pool, a sprawling terrace that encompasses some 5,000 square feet, and towering floor-to-ceiling windows through which to view the Atlantic Ocean. The fully furnished interior includes private elevator access, a media room, office, lounge/den area, and automated smart features for lighting, shades, TV, sound system and more.

The price: $10 million

Broker: Maritza Meza, founder of the Meza Group, Coldwell Banker Realty (954.833.1292; [email protected])

Expert insights: “We’re experiencing a major shift in the market [due to] so many people relocating from Northern states to the South, [in part because of] the benefits that Florida offers—like no state tax,” Meza says. “[Most] buyers are looking for at least three bedrooms or more, so properties with larger square footage—which normally would take longer to sell due to price point and size—have been in demand for the past [half year].”

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