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Merrimac Ventures Unveils Plans for Bungalow East Residences in Fort Lauderdale Beach

November 20, 2024

Merrimac Ventures, a renowned South Florida real estate investment and development firm, has announced the launch of sales for Bungalow East, an exclusive luxury condominium set to rise in Fort Lauderdale Beach. The 14-story boutique development will house just 34 residences, each designed with refined elegance and offering extensive amenities in one of the area’s most walkable and desirable beachside communities.

Situated at 530 North Birch Road, Bungalow East is positioned steps from both the Atlantic Ocean and the Intracoastal Waterway. The project, anticipated to break ground in late 2025 with an 18-month construction timeline, embodies Merrimac Ventures’ legacy of transforming Fort Lauderdale Beach from a seasonal “Spring Break haven” into a premier resort destination. This vision was first ignited by the Motwani family over 35 years ago through the strategic acquisition and redevelopment of oceanfront motels, paving the way for acclaimed developments like the Four Seasons Hotel and Residences, the Conrad Hotel, and Paramount Fort Lauderdale.

“Fort Lauderdale Beach’s transformation has been extraordinary,” said Dev Motwani, Co-Managing Partner of Merrimac Ventures. “Our family has been invested in this community for decades, and Bungalow East is a special project that completes our vision for this area.”

Bungalow East will feature spacious three- and four-bedroom residences ranging from 2,100 to 2,800 square feet, with options for flexible floor plans. Two exclusive penthouses, each spanning approximately 4,000 square feet and boasting private rooftop decks, are also part of the offering. Homes are priced between $2 million and $4 million and will feature floor-to-ceiling windows, expansive terraces with summer kitchens, and high-end finishes that evoke a sense of sophisticated luxury.

The building's design, a collaboration between Swedroe Architecture and Adriana Hoyos Design Studio, embraces natural elements with neutral palettes, wood accents, and sleek modern finishes. Each residence will come equipped with private elevators and chef-inspired kitchens complete with gas-range stoves, emphasizing the development’s focus on upscale, functional living.

Amenities at Bungalow East are designed for a lifestyle of relaxed luxury. Highlights include a resort-style pool deck, a wellness center with massage rooms and a beauty salon, a rooftop sunset lounge, and a yoga lawn. Additional offerings include a gaming and entertainment lounge, a conference center, and pet-friendly features such as a dog run and spa. A ground-floor retail space is slated to house a future café or wine bar, adding to the neighborhood's vibrant atmosphere.

Residents will also gain membership privileges at the Fort Lauderdale Yacht Club and exclusive access to the Conrad Hotel Fort Lauderdale, which includes beach service and full use of the hotel's amenities.

“OneWorld Properties is thrilled to lead the sales and marketing of Bungalow East,” said Peggy Olin, CEO of OneWorld Properties. “This development will redefine luxury living in Fort Lauderdale Beach, offering residents both exclusivity and convenience in an unparalleled location.”

Fort Lauderdale Beach continues to attract a wave of new residents and investors, driven by Florida’s favorable tax policies and high quality of life. Bungalow East is poised to cater to this growing demand, appealing to locals and out-of-state buyers seeking proximity to the beach and access to South Florida’s vibrant culture.

The community’s prime location offers residents easy access to North Beach Village’s top dining and entertainment spots, including The Secret Garden Dining Club, Truluck’s, and Casablanca Café, as well as cultural attractions like the Bonnet House Museum & Gardens and the trails of Birch State Park.

In Brokerage, Commercial, Community, Design, Development, Development News, Development Sales, Featured Listing, Features, Fort Lauderdale, Luxury, Luxury Real Estate, Marina, New Construction, News, News & Features, Proposed, Residential, Sales Update Tags Merrimac Ventures, Bungalow East, 530 North Birch Road, Dev Motwani, Robert M. Swedroe Architects, Robert Swedroe, Adriana Hoyos, Peggy Olin, OneWorld Properties, Featured Listing, Featured
← Witkoff Group and PPG Development Lock Down $273 Million Construction Loan For Shell BayFast Casual Favorite Carrot Express Expands to Sunset Harbour →
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