FORT LAUDERDALE BEACH, Fl -- Fort Lauderdale Beach is getting closer to welcoming its first true luxury residential high-rise condominium on the beach in a decade as PARAMOUNT Fort Lauderdale Beach goes vertical. The 18-story luxury tower has laid the foundation for its robotic parking garage and has poured up to its third floor of development, as the building continues to near its official debut in early 2017.

Led by Fort Lauderdale-based general contractor, Stiles Construction, PARAMOUNT’s first through third floor slabs and ramp for the tower have been poured, and utility piping around the site is planned to begin next month. More than 11,750 cubic yards of concrete have been poured and 1,450 tons of rebar have been installed as the project continues its steady forward momentum.

“This announcement is another major milestone for this project and the community of Fort Lauderdale Beach,” said developer Dan Kodsi. “Seeing PARAMOUNT begin to take shape is a stunning moment for our team as it underscores the continued progress as we bring this extraordinary project to life.”

PARAMOUNT Fort Lauderdale Beach recently unveiled its highly-anticipated penthouse collection consisting of four, two-story duplex residences ranging in price from approximately $4.6 million to $9.1 million. The expansive penthouses -- which encompass nearly 12,000 square feet of indoor and exterior living space – will boast unparalleled ocean, Intracoastal, city and park views, and will feature sprawling private rooftop terraces measuring up to nearly 4,300 square feet in size complete with a private 10x16 foot plunge pool, summer kitchen and fire pit. 

As demand for Broward luxury real estate heightens, sales for the tower’s 95 residences have been fueled by the project’s continued momentum. Peggy Fucci, President and CEO of OneWorld Properties, the project’s exclusive brokerage, recently announced that PARAMOUNT Fort Lauderdale Beach had achieved sales representing about 80 percent of the building. 

Boasting a prime, two acre oceanfront location, PARAMOUNT Fort Lauderdale Beach will overlook the lush landscaping of Bonnet House Museum & Gardens and the endless Atlantic shoreline. The development’s ideal setting offers sophisticated city living within walking distance of popular area restaurants, boutique shops and entertainment venues while providing an exceptional beachfront lifestyle.

As the first condominium tower in the surrounding area to not include a hotel component, PARAMOUNT Fort Lauderdale Beach will create a true residential enclave offering intimacy and exclusivity, yet affording residents all of the family-friendly full-service amenities and hospitality of a resort, such as multiple water features including a private pool and spa with bar service, private “island” cabanas, summer kitchens with BBQ grills, a fully-equipped gym with massage and steam room, concierge services, club room and social lounge.

PARAMOUNT Fort Lauderdale Beach recently partnered with LM Restaurants, Inc. to debut a new Mediterranean-inspired restaurant concept on the ground floor of the oceanfront development. To represent the restaurant group’s twenty-fourth location in the U.S., the restaurant is set to entice and delight the palates of Fort Lauderdale’s most discerning culinary connoisseurs through an abundance of small plates and a wide variety of handcrafted cocktails, specialty wines, and craft beer. The restaurant will feature a locally-sourced dining concept that is attentive to its menu offerings by use of seasonal ingredients specifically chosen from local farms and exceptional seafood supplied by area fishermen. The menu will also feature an array of vegan and gluten-free options.

Priced from $1.2 million, each residence has been strategically designed to feature direct ocean views with large spacious areas, soaring 10-foot ceilings and private elevator access. The two, three and four bedroom residences will offer plenty of space to maximize beachfront living inside and out. Featuring custom finishes throughout, gourmet kitchens will include Italian-style cabinetry, Wolf stainless steel appliances, Sub-Zero refrigerators and quartz countertops, as well as the ultimate in smart-home technology presented by iHummingbird.

For additional information about PARAMOUNT Fort Lauderdale Beach, visit www.PARAMOUNTresidences.com or contact us for a private showing at 954-514-7492. The sales gallery is located at 3020 NE 32nd Avenue, Suite 117 in Fort Lauderdale.