March 7, 2025 - Fort Lauderdale, FLA - Engel & Völkers Florida today announced the latest addition to its portfolio of luxury development projects. Francisco and Niliana Garcia of Engel & Völkers Fort Lauderdale secured exclusive representation of The Terraces, a 22-unit luxury residence at 527 Orton Ave in the heart of Fort Lauderdale Beach, developed by Latitude Group.
“The demand for luxury new construction in Southeast Florida continues to soar,” said Niliana Garcia. “With limited inventory and record-breaking absorption rates, projects like The Terraces are being embraced by discerning buyers seeking primary and secondary residences. Despite high-interest rates, the luxury market remains robust, driven by cash buyers who value exclusivity, quality, and exceptional locations. Many developments are selling out well ahead of completion, and The Terraces is poised to exceed expectations. Furthermore, this project stands out as the only new development in the area slated for completion within the next 12 to 14 months, offering a unique and timely opportunity for luxury buyers.”
Positioned steps away from Fort Lauderdale’s pristine white sands and sparkling waterways, The Terraces offers an exclusive collection of only 22 residences, providing an intimate and private living experience. Each residence is meticulously designed to blend contemporary elegance with the laid-back charm of beachside living, featuring floor-to-ceiling windows, expansive terraces, and open-concept layouts that offer breathtaking views of both the ocean and city skyline. This seamless connection between indoor and outdoor spaces allows for a luxurious living environment.
“At Engel & Völkers, we are excited to bring a new level of luxury to the Fort Lauderdale market with The Terraces,” said Francisco Garcia. “This project is a testament to our commitment to providing exclusive, high-end properties that offer exceptional living experiences. We are confident that The Terraces will set a new standard in waterfront living, offering unparalleled amenities and breathtaking views.”
Residents will enjoy over 6,000 square feet of thoughtfully curated indoor and outdoor amenities, including an elegantly designed attended lobby that offers a welcoming atmosphere, a landscaped sun terrace ideal for relaxation or entertaining, and exclusive access to Fort Lauderdale’s vibrant beaches and waterways. The prime location of The Terraces places residents just moments away from world-class dining, shopping, and entertainment, while still maintaining a tranquil, resort-style ambiance, making it the ideal choice for luxury living.
“The luxury real estate market in south Florida needs a global network to maximize exposure to the most qualified potential buyers,” said Peter Giese, CEO of Engel & Völkers Florida. “Engel & Völkers Fort Lauderdale has an impressive history representing and selling extraordinary development projects in addition to luxury resale listings for top dollar utilizing our global marketing platform.”
Press contact:
Kaitlin Weigelt, Marketing and Brand Manager
Email: Kaitlin.Weigelt@evrealestate.com
Tel: (239) 348-9000
About Engel & Völkers:
Engel & Völkers is a global luxury real estate brand. Founded in Hamburg, Germany, in 1977, Engel & Völkers draws on its rich European history to deliver a fresh approach to luxury real estate in the Americas with a focus on creating a personalized client experience at every stage of the home buying or selling process. Engel & Völkers currently operates approximately 300 shop locations with over 6,500 real estate advisors in the Americas, contributing to the brand’s global network of over 16,600 real estate professionals in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services, including real estate and yachting. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs, and platforms; as well as access to its global network of real estate professionals, property listings, and market data. Each brokerage is independently owned and operated.
For more information, visit www.evrealestate.com.
About Engel & Völkers Florida:
Engel & Völkers Florida, as the Master License Partner of the esteemed luxury real estate brand Engel & Völkers in Florida, stands as a beacon of excellence in the state's real estate landscape. The company is renowned for its multifaceted marketing approach, seamlessly blending traditional and modern methods, offering training programs tailored for seasoned real estate professionals seeking to enhance their existing businesses, and for fostering a collaborative global network. Engel & Völkers Florida's unique business model propels its franchisees to the forefront of the premium market, enabling them to seize market share and fortify their bottom line. With a robust presence spanning over 50 markets, including iconic destinations, coastal retreats, thriving metropolises, and quaint towns, Engel & Völkers Florida represents a network of franchise locations strategically positioned to cater to the discerning needs of luxury clientele across the Sunshine State. Continuing its strategic growth initiatives, Engel & Völkers Florida is committed to further strengthening and expanding its footprint in key premium real estate markets statewide.
For those interested in learning more about the Engel & Völkers brand or exploring opportunities to join its esteemed global network, renowned for its hallmark attributes of competence, exclusivity, and passion, inquiries are welcomed at our corporate office located at 633 Tamiami Trl N, Suite 201, Naples, FL 34102 USA. Alternatively, you can reach us by phone at +1 239-348-9000.
For comprehensive information about Engel & Völkers Florida, please visit https://www.joinevflorida.com.
To view original press release on PR Gun, please visit https://prgun.com/press-release/125442/engel-vlkers-fort-lauderdale-named-exclusive-listing-agency-to-represent-the-terraces
Media Contact
Company Name: Engel & Völkers
Contact Person: Kaitlin Weigelt - Marketing and Brand Manager
Email: Send Email
City: Fort Lauderdale
State: FLA
Country: United States
Website: https://www.evrealestate.com/en
