“River Loft” at RIVA Boasts 12,085 Square Feet for $5.25M

By July 25, 2017Press
Riva's new condos in Fort Lauderdale

It’s Yours to Customize

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.

Built along 250 feet of Middle River shoreline at 1180 North Federal Highway, the property offers expansive views of George English Park and is minutes away from the Intracoastal Waterway.

“It’s one of the most unique waterfront waterfront real estate in Fort Lauderdale,” Riva Sales Director Grant Lundberg said. “It’s going to live like a residential home in a condo building.”

At 12,085 square feet, the River Loft outsizes some mansions, but that’s not what makes it stand out. For $5.25 million, buyers get a stripped down apartment, devoid of furniture and appliances. Riva opted to sell the property as a “warm shell,” giving the would-be owner the chance to customize the space.

“We’re trying not to dictate too much, because the minute you do that, somebody will have something totally different,” Lundberg said. “It’s a great opportunity for the buyer to hire his [or her] architect and designer, and create the home, the unit of their dreams.

The goal is to afford buyers unparalleled customization, right down to the flooring. Lundberg said that owners can either elect to have the apartment built according to provided renderings, or hire their own architect to work alongside Premier Developers, the complex’s construction company.

According to Premier Developers principal Bradley Deckelbaum, the cost of furnishing the apartment should total between $500,000 and $700,000. Depending on the level of detail, the final build-out could take between four and six months.

River Loft - waterfront real estate in Fort Lauderdale

With a summer kitchen, the private pool terrace offers views of the Middle River and George English Park.

Regardless of furnishings, the River Loft provides ample living space. Fob-secured private elevators from the lobby and a private two-car garage open to reveal a vast main floor lined by 16-foot, floor-to-ceiling windows.

Covered in porcelain, the main floor offers a gourmet kitchen, dining area, library and entertainment center. A two-story master suite houses the master bedroom, as well as a riverfront guest room that can be converted into a study.

Two more bedrooms populate the home’s upper level, along with maid’s quarters and a sitting room.

Outside, two separate terraces flank the apartment, featuring a pool, summer kitchen and outdoor dining area. Residents can access a river walk and their own 35-foot boat slip via a private spiral staircase.

Construction on the apartment is on track to be completed by the end of the year.

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