After selling out the 36-story, 462-unit Fontainebleau IIcondominium-hotel about six months before delivery is scheduled tobegin, the developers have started selling Fontainebleau III OceanClub, to be built on the south end of the property, adjacent toFontainebleau II.

Fontainebleau III will have 311 condominium-hotel residenceswith views of the Atlantic Ocean, Miami Beach and the FontainebleauHilton grounds. Prices for these units range from $435,000 to morethan $1.8 million. The furnished junior, one-bedroom andtwo-bedroom suites will range from 500 sf to 1,600 sf plusterraces.

Bruce Weiner, president of Turnberry Associates' ResidentialDivision, is confident there is a market for another few hundredunits on the same property. Fontainebleau II sold out "well inadvance," he says, with other interested buyers remaining. "We lefta lot of people kind of on the doorstep who were very interested,"Weiner says. "We felt there's at least another 300 … buyers outthere."