Thank you for sharing!

Your article was successfully shared with the contacts you provided.

FORT LAUDERDALE, FL-With 75% of the residences sold, construction has begun on L’Ambiance Beach, the $40 million, 25-story luxury condominium located on the last available beach site.

The 126-unit property is located between Commercial and Oakland Park Boulevards at 41st Street and Galt Ocean Drive, 35 miles north of Downtown Miami.

L’Ambiance Beach is the newest development of Yale Properties International and the developers of L’Hermitage, an upscale condominium community located at the southern end of Galt Ocean Drive.

L’Ambiance units range from 1,836 sf to 2,823 sf, and several penthouses up to 4,900 sf. They are priced from $500,000 to $1.8 million and will bring in $80 million at sellout, according to spokesman Morris Richter.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.