Key Points
- Property Markets Group (PMG) breaks ground on a 28-story, 44-unit luxury condominium tower
along 200 linear feet of the Intracoastal in Fort Lauderdale. - Each floor features only 2 residences for enhanced privacy and exclusivity; units range from ~2,767 sq ft and up (three and four-bedroom homes) and completion is targeted for late 2027.
- Wellness-focused amenities span over 19,000 sq ft, including spa, sauna, cold-plunge, yoga lawn, waterfront pool and cabanas—designed to appeal to high-end lifestyle buyers.
PMG has commenced construction of Sage Intracoastal Residences in Fort Lauderdale. The project promises boutique scale (just 44 homes) and high-end finishes in a waterfront setting, aimed squarely at investors and owner-occupiers seeking the upper echelon of the market.
Project Details & Specs
- The site has 200 linear feet of frontage on the Intracoastal Waterway in Fort Lauderdale.
- The tower is 28 stories tall with just two residences per floor—enhanced privacy is a clear selling point.
- Residences are three- and four-bedroom homes starting at approx. 2,767 sq ft, with penthouse units offering private rooftop terraces and plunge pools
- Finishes include 10-ft ceilings, Italian cabinetry, floor-to-ceiling impact glass sliding doors, smarthome tech, summer kitchens on terraces.
- Amenity volume is impressive: more than 19,000 sq ft of indoor/outdoor wellness-focused space including spa, sauna, cold plunge, yoga lawn, pool, waterfront lounge, golf simulator.
- Services will include 24-hour concierge/valet, dog run and walking services, semi-private elevators and private foyers.
- Projected completion is late 2027. Sales are live now
Market Positioning & Investor Implications
For landlords and brokers watching the luxury tier this project ticks several boxes:
- Ultra-Prime Location: Waterfront, unobstructed views toward both Intracoastal and Atlantic, adjacent to the historic Bonnet House Museum & Gardens which ensures protected views.
- Scarcity: Only 44 units and only 2 per floor gives a boutique feel. In luxury condo markets, limited supply helps maintain value for investors.
- High-End finishes & services: Targeting a buyer who prioritizes lifestyle and is willing to pay for premium. That means higher entry price, but also potential for stable value retention or rental demand (for ultra-luxury corporate or high-net‐worth tenants).
- Wellness and amenity-led: With wellness becoming a key differentiator in luxury developments, the project’s spa, fitness, outdoor wellness circuit all align with current premium customer demands.
- Timing & delivery: With completion in late 2027, investors have time to evaluate market changes; residential inventory in luxury waterfront sectors has remained tight in many Florida markets, giving potential upside.
From a brokerage/landlord lens: when the project delivers, positioning for rentals in the top tier of the market (holiday rentals, executive leases) or resale value will depend on how the Fort Lauderdale waterfront luxury segment evolves through 2026-27.
Broader Trends in Fort Lauderdale & South Florida Luxury Market
- The acquisition of the site at 900 Intracoastal Drive and the subsequent zoning and approvals for this 28-story luxury condo underscore the developer bullishness on Fort Lauderdale’s waterfront condo potential.
- Across South Florida, luxury condo developers are leaning into wellness, limited-unit towers, high-amenity offerings and waterfront sites—Sage fits that playbook.
- For investors, it’s a sign that waterfront luxury isn’t just Miami-centric; Fort Lauderdale is being positioned as a competitor in that sub-market. That may attract both U.S. and international capital looking for waterfront exposure outside of the Miami core.
Fort Lauderdale Does Ultra-Luxury
For landlords and brokers tracking high-end waterfront inventory, Sage Intracoastal Residences
represents a strategic addition to the Fort Lauderdale luxury condo landscape. With limited units,
premium finishes, standout amenities and a strong address, it’s poised to perform well in the niche
ultra-luxury market. Investors looking for future rental or resale opportunities should keep an eye on
delivery timing in late 2027—and how the surrounding market responds.