With closings scheduled to begin this fall, Riva in Fort Lauderdale is offering buyers the chance to put down 20 percent at contract, compared to the 40 to 50 percent deposit requirements at other South Florida condominiums. The luxury project on the Middle River is comprised of only 100 two and three-bedroom residences, starting at $748,000.
South Florida Luxury Guide, the definitive resource guide for luxury living in South Florida, named Riva Fort Lauderdale as one of the hottest new projects on the horizon in its latest issue. Highlighting the incredible waterfront lifestyle and amenities, the publication calls Riva a “haven for water lovers.”
If you’re looking to live an active marine lifestyle that literally begins at your doorstep, there’s a growing trend in the Fort Lauderdale housing market that might be for you. A spate of luxury “boutique” condominiums are being built on the water with dockage space included for residents.
Stretching 15 stories into the sky, the Riva condo building is among latest additions to Fort Lauderdale’s luxury apartment scene. However, one of its residences is unlike most of what the city offers. Dubbed the “River Loft,” the four-bedroom, four-and-a-half bathroom apartment occupies two stories of prime waterfront real estate in Fort Lauderdale.
Premier Developers has obtained a $65 million construction loan to finance completion of its Riva condo in Fort Lauderdale. Construction is currently about two-thirds complete (the building topped out last month) and is expected to finish in September.
Madison Realty Capital (MRC), an institutionally-backed real estate investment firm focused on real estate equity and debt investments in the middle markets, provided a $65.0 million construction loan to finance completion of the Riva condominium development in Fort Lauderdale, FL.
About 200 invited guests, including the development team, brokers, unit buyers and local government officials, attended a sunset celebration last week (Feb. 23) to commemorate the topping off of Riva’s new condos in Fort Lauderdale. Read more about the event at City & Shore Magazine.
Explore the Fort Lauderdale Condos for sale at RIVA.
Last week, Premier Developer and general contractors, Moss & Associates celebrated the topping off of Riva!
Within 18 months from the foundation to the completion of the top floor, celebrants also included Riva buyers, city officials and local real estate brokers. View the gallery of the event, RIVA Topping Off!
Image Above: Riva’s Director of Sales, Grant Lundberg; Riva Sales Associate Noelia Suarez; Daniel de la Vega, President ONE Sotheby’s; Bradley Deckelbaum, Developer of Riva; Fort Lauderdale Commissioner Bruce Roberts; Fort Lauderdale Mayor Jack Seiler and Fort Lauderdale Commissioner Robert McKinzie
Explore the Fort Lauderdale Condos for sale at RIVA