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Developer rendering of Sixth and Rio in Fort Lauderdale on the New River

Sixth and Rio

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South Florida New Construction · Fort Lauderdale · Sixth and Rio

It is under construction, and has been since May 2023.

By Josh Stein · Florida license SL3057661 · Updated 29 September 2026

Verified 24 September 2026Broward County Property Appraiser, Florida YIMBY, The Real Deal +9 more12 sources

Sources

1 / 7

Sixth and Rio, Fort Lauderdale — rooftop pool deck and spa facing the city skyline, developer rendering

2 / 7

Sixth and Rio, Fort Lauderdale — primary bedroom with river and skyline view, developer rendering

3 / 7

Sixth and Rio, Fort Lauderdale — resident club room with billiards and dining table, developer rendering

4 / 7

Sixth and Rio, Fort Lauderdale — residence living room overlooking the New River marina, developer rendering

5 / 7

Sixth and Rio, Fort Lauderdale — ground-level breezeway connecting the building to the riverwalk, developer rendering

6 / 7

Sixth and Rio, Fort Lauderdale — ground-floor lobby lounge and reception desk, developer rendering

7 / 7

Sixth and Rio, Fort Lauderdale — fitness center with strength and cardio equipment, developer rendering

Key Takeaways

  • 🔴 It is under construction, and has been since May 2023 — Florida YIMBY reported on 11 May 2023 that ground had been broken. By 2 October 2025 it reported the superstructure fully formed, block walls nearly complete on every level and glazing begun on the eastern elevation. The developer’s own site (read 24 September 2026) reads “now under construction – delivery 2026”, and its 16 June 2026 release says the building is “on track for delivery in November 2026”. In May 2023 completion was targeted for the first quarter of 2025 (Florida YIMBY, 11 May 2023).
  • 🔴 Eight storeys and 94 residences, both the developer’s figures — Florida YIMBY (11 May 2023 and 2 October 2025), The Real Deal (5 November 2024) and the developer’s 16 June 2026 release all say eight storeys; the developer’s site and release say 94 residences. Broward County has no record of the building, so it verifies neither. Older material differs on the count: the developer’s April 2023 launch release and Florida YIMBY (11 May 2023) said 100 units.
  • 🔴🔴 Broward County’s roll has no building here, and no condominium — As of 24 September 2026 the roll records one parcel of 34,518 square feet, classified vacant commercial, with no year built and $0 of building value. There is no condominium declaration and not one unit folio — so no assessed values, no recorded sales and no comparable of any kind at this address.
  • ⭐⭐ The land was re-rated nearly twelve-fold the moment the old building came off it — In 2021 the parcel carried the 1980 Edgewater House condominium and the county valued its land at $12.25 a square foot. Once demolished it was re-rated as development land at $145.00 — and has since climbed to $225.00, a further 55.2% between the 2022 and 2025 rolls. Just value is up 86.9% since 2021 while the roll still carries no building.
  • ⭐ But that $225.00 is a district rate, not an appraisal of this project — Four separate downtown Fort Lauderdale parcels carry exactly $225.00 per square foot, across lots ranging from 5,650 to 65,268 square feet. So the $7,766,550 land value is a zone rate multiplied by lot size — useful, but not a valuation of Sixth&Rio.
  • ⚠️ The $11.3 million paid for the site is not a market price, and the county says so — The June 2021 deed is flagged by Broward itself as a disqualified sale. It was a bulk buy-out of a 30-unit 1980 condominium and its association — the termination of condominium was recorded six weeks later. The trade press reports it as an acquisition price; the county disagrees that it is a comparable.
  • ⚠️ The last sell-through figure I have found is from February 2024, and it was lower than the one before it — 30% pre-sold when Florida YIMBY reported the groundbreaking (11 May 2023); 25% when The Real Deal reported the change of sales brokerage (13 February 2024). Both come from the developer or its sales team, and the two may not be measured the same way; I have not found a source that explains the difference. The developer’s 16 June 2026 release gives no percentage; it says only that “a limited number of residences remain available”.
  • ⭐ Who designed it: FSMY Architects + Planners, with AM Studio also credited — Every source names FSMY Architects + Planners as architect. The Real Deal (5 November 2024, citing the developer’s release) also credits Hollywood-based AM Studio with the design and says ID & Design International and Interiors by Steven G lead the interiors; the developer’s 16 June 2026 release credits common-area interiors to IDDI.
  • Bought pre-construction at Sixth and Rio? — before closing, a sale is usually an assignment of your purchase contract, and whether that is allowed depends on its assignment clause; after closing it is an ordinary resale. Ask Josh what your unit could sell for at delivery on WhatsApp.

Sixth and Rio, by the numbers

8Storeys
94Residences
Nov 2026Delivery targeted
Under constructionStatus

Developer: Ocean Land Investments · Architect: FSMY Architects + Planners · Developer’s stated range $900,000 to $3.5 million (release of 16 June 2026); last published sell-through 25% (The Real Deal, 13 February 2024).

501 SE 6th Avenue, Fort Lauderdale, Florida 33301 | Neighborhood: Fort Lauderdale

Home  > New Construction > Sixth and Rio

Sixth&Rio is an eight-storey, 94-residence condominium under construction at 501 SE 6th Avenue on the south bank of the New River in downtown Fort Lauderdale, developed by Ocean Land Investments with architecture by FSMY Architects + Planners. It is not pre-construction and has not been since May 2023 — and, as of 24 September 2026, Broward County has no record of the building on its property roll.

Sixth and Rio, Fort Lauderdale — ground-level breezeway connecting the building to the riverwalk, developer rendering
ground-level breezeway connecting the building to the riverwalk, developer rendering
Sixth and Rio, Fort Lauderdale — rooftop pool deck and spa facing the city skyline, developer rendering
rooftop pool deck and spa facing the city skyline, developer rendering
Sixth and Rio, Fort Lauderdale — ground-floor lobby lounge and reception desk, developer rendering
ground-floor lobby lounge and reception desk, developer rendering

Is Sixth&Rio built? No — but it is well past pre-construction

DateWhat is on the record
April 2021A different project, AVIVA On The River, goes to development review for this parcel — 96 units, eight storeys. Superseded
June–August 2021The site’s 1980 condominium is bought out and terminated
21 October 2022🔴 The project switches from rentals to condominiums — The Real Deal reports construction costs 40% higher than originally priced
Fall 2022 or February 2023Sales launch — The Real Deal (13 February 2024) says sales first launched in the fall of 2022; Florida YIMBY (11 May 2023) says February 2023. I have not found a source that reconciles the two
May 2023GROUNDBREAKING, reported by Florida YIMBY on 11 May 2023. 30% pre-sold. Completion targeted for the first quarter of 2025
13 February 2024Sales brokerage changes — Compass out, OneWorld Properties in. 25% pre-sold
5 November 2024$96,000,000 construction loan reported (The Real Deal; Florida YIMBY). Completion stated as 2026
2 October 2025The most recent independent observation I have found. Florida YIMBY: superstructure fully formed, block walls nearly complete on all levels, glazing begun
16 June 2026Developer’s release: “on track for delivery in November 2026”; prices $900,000 to $3,500,000; a limited number of residences remain available
24 September 2026Developer’s own site, read that day: “now under construction – delivery 2026”. Broward County’s roll still shows one vacant commercial parcel and no condominium

In short: the building is under construction, and its stated completion has moved — from the end of 2024 (the developer’s launch release, posted 13 April 2023) to the first quarter of 2025 (Florida YIMBY, 11 May 2023) to 2026 (The Real Deal, 13 February 2024), which the developer’s 16 June 2026 release narrows to November. ⚠️ The most recent independent report on the site that I have found is Florida YIMBY’s of 2 October 2025, and I have not found a source that says the schedule has changed since. A delivery date is the developer’s statement; the date that binds you is the one in your purchase contract and the recorded declaration.

Have a question about Sixth and Rio? This page is built from the county record and the trade press, not a listing feed. If you want what has actually closed here, or an honest read on whether it suits you, ask me directly.

Call (305) 695-8257Email about Sixth and Rio

Sixth and Rio, Fort Lauderdale — resident club room with billiards and dining table, developer rendering
resident club room with billiards and dining table, developer rendering
Sixth and Rio, Fort Lauderdale — residence living room overlooking the New River marina, developer rendering
residence living room overlooking the New River marina, developer rendering
Sixth and Rio, Fort Lauderdale — primary bedroom with river and skyline view, developer rendering
primary bedroom with river and skyline view, developer rendering

What Sixth&Rio actually is

County address501 SE 6th Avenue, Fort Lauderdale, FL 33301 — matches this page exactly
LocationSouth bank of the New River, Downtown Fort Lauderdale, beside Smoker Family Park and the Riverwalk. Zoning: Regional Activity Center, City Center
Storeys8 (Florida YIMBY, 11 May 2023 and 2 October 2025; The Real Deal, 5 November 2024; developer release, 16 June 2026). The 2021 filing for the superseded AVIVA On The River scheme also gave eight storeys and 97 feet; I have not found a source that gives the height of the current design
Residences94, including four townhouses and four penthouses. ⚠️ The developer’s figure, not county-verified — see below
BedroomsOne to four (developer release, 16 June 2026; The Real Deal, 13 February 2024). Florida YIMBY, 2 October 2025, says one to three
Sizes reportedAbout 930 to 2,300 sq ft (developer release, 16 June 2026); earlier reports 819–2,449 (Florida YIMBY, 5 November 2024) and 932–2,296 with townhouses 1,694–1,759 (Florida YIMBY, 11 May 2023)
DeveloperOcean Land Investments (Florida YIMBY; The Real Deal). The project’s legal disclaimer names 501 Aviva Owner, LLC as the developer, with a licence to use OceanLand’s name; the county’s owner of record is the same company
ArchitectFSMY Architects + Planners; The Real Deal (5 November 2024, citing the developer’s release) and OneWorld Properties’ project page also credit AM Studio
InteriorsThe Real Deal (5 November 2024, citing the release): ID & Design International and Interiors by Steven G. Developer release (16 June 2026): common-area interiors by IDDI. OneWorld’s project page: designer IDDI
General contractorStiles Construction
SalesOneWorld Properties (since February 2024; previously Compass)
Site34,518 sq ft — 0.79 of an acre
Financing$96,000,000 construction loan, reported 5 November 2024. Lenders per The Real Deal: Invictus Real Estate Partners and Tannenbaum Capital Group Real Estate; Florida YIMBY adds $60 million from Southern Realty Trust. Florida YIMBY’s October 2025 report says the loan was secured in 2023; I have not found a source that dates the closing
LeasingA three-month minimum lease was reported in October 2022 (The Real Deal), at groundbreaking (Florida YIMBY, 11 May 2023) and in the developer’s 16 June 2026 release. ⚠️ Confirm in the recorded declaration and offering documents; the county roll carries no condominium
Sixth and Rio, Fort Lauderdale — fitness center with strength and cardio equipment, developer rendering
fitness center with strength and cardio equipment, developer rendering

Why the county has nothing on this building

Broward County records one parcel at this address — folio 504210500170, 34,518 square feet, classified vacant commercial, with no year built and $0 of building value, owned by a single-purpose company of the developer’s. There is no condominium declaration on the roll and not one unit folio.

⭐ That absence was tested, not assumed. The county query was re-run on 24 September 2026, twice at different page sizes to guard against a silent truncation, and a control query against a known Broward condominium returned two hundred unit folios through exactly the same code path. Unit folios would appear here if they existed. They do not.

⚠️ And this is where a page has to be careful, because the obvious inference is wrong. Zero recorded sales does not mean nothing has sold. Buyers contract and close against a declaration recorded with the Clerk of Court, which the Property Appraiser does not convert into unit folios until well after delivery. The last sell-through figure I have found was 25% pre-sold, in February 2024; the developer’s release of 16 June 2026 says only that a limited number of residences remain available.

What it does mean is concrete and worth saying plainly: there is no assessed value, no recorded sale and no comparable of any kind inside this building. Any price per square foot you are quoted for Sixth&Rio came from a listing service or the sales office.

⚠️ One further limit, and it applies to every Broward building on this website. The check we run on Miami-Dade condominiums — reconciling the undivided common-element shares across a declaration to prove a unit count is complete — cannot be run in Broward at all, because that roll does not publish those percentages. So the figure of 94 residences is the developer’s, repeated by The Real Deal and Florida YIMBY, and it is not county-verified. We are not going to imply that it is. The developer’s April 2023 launch release and Florida YIMBY (11 May 2023) said 100 units; The Real Deal (2022 to 2024), Florida YIMBY (2024 and 2025), the developer’s site and its 2026 release say 94.

The land: a condominium terminated, and a rate that went up nearly twelve-fold

The parcel carried Edgewater House Condominium — three storeys, 30 units, built 1980. In June 2021 the developer bought it out for $11,300,000, and the termination of condominium was recorded six weeks later. By the January 2022 assessment date the county had already reclassified the site as vacant.

⚠️ That $11.3 million is not a comparable, and the county says so itself: the deed is flagged a disqualified sale. It bought out thirty owners and an association at once. The trade press reports it flatly as an acquisition price; the public record declines to treat it as a market transaction, and so do we.

Roll yearClassificationLand rateLand valueBuilding value
2021Multi-family, 10+ units$12.25$422,850$3,732,360
2022Vacant commercial$145.00$5,005,110$0
2023Vacant commercial$195.00$6,731,010$0
2024Vacant commercial$210.00$7,248,780$0
2025Vacant commercial$225.00$7,766,550$0
2026Vacant commercial$225.00$7,766,550$0

⭐⭐ Read the first two rows together. While the 1980 building stood, the county valued the land under it at $12.25 a square foot — a residual, because the value was in the building. The moment the building came off, the same dirt was re-rated as development land at $145.00: a nearly twelve-fold jump. It has since risen a further 55.2%. Just value is up 86.9% since 2021, and the roll still carries no building.

⚠️ But do not read $7,766,550 as a valuation of Sixth&Rio. The $225.00 is a flat district rate: four separate downtown parcels carry exactly that figure, across lots from 5,650 to 65,268 square feet. Elsewhere in the same postcode it falls away fast — $145.00 at 200 N Federal Hwy and $100.00 at 1207 E Broward Blvd — and from the 1000 block of SE 6th Avenue southward it runs $15 to $50 (county roll, 24 September 2026). It is a zone rate times a lot size, not an appraisal.

⭐ One small thing worth knowing if you have ever wondered how Florida’s assessment cap works. This parcel is a clean illustration. Its assessed value rises at exactly 10% a year — the non-homestead cap — while its just value rose faster through 2025 and was flat in 2026, so assessed now sits 5.65% below just value. The school board levies on the uncapped figure. On a parcel like this the gap is small; on a long-held property it becomes the whole story, and it is why a new owner’s tax bill is so often a shock.

Who this suits, and who it does not

It suits a buyer who wants downtown Fort Lauderdale at a genuinely boutique scale. Ninety-four homes on eight floors, on the river, beside a park and the Riverwalk, — Florida YIMBY called it on 11 May 2023 “one of the few for-sale condominium developments in the region”.

It suits a buyer who is comfortable buying before delivery. As of 2 October 2025 the structure was fully formed and glazing had begun (Florida YIMBY); the developer’s 16 June 2026 release says delivery is on track for November 2026 and that a limited number of residences remain available. What you would sign is a contract for a home that has not yet been delivered or deeded.

It suits badly a buyer who needs evidence of value. There is no declaration, no folio, no assessed value and no recorded sale here. Every number about this building comes from the people selling it, and the most recent published price range I found is the developer’s own, of 16 June 2026.

It suits badly a buyer who was told this is pre-construction. It is not, and the distinction matters: pre-construction pricing and pre-construction deposit structures belong to a stage this project left when ground was broken in May 2023.

And it suits badly anyone working to a fixed date. Completion was targeted for the first quarter of 2025 (Florida YIMBY, 11 May 2023) and is now stated by the developer as November 2026 (release of 16 June 2026). I have not found an independent report on the site after 2 October 2025.

Five things to establish in writing before you commit:

  • Whether the declaration of condominium has been recorded, and when closings can legally occur.
  • A current delivery date with a remedy attached — not an estimate.
  • The current price list and the current sold percentage, both dated. The last sold percentage I have found is from February 2024.
  • The leasing article of the declaration. A three-month minimum was reported at groundbreaking; only the recorded document binds.
  • The budget and reserve schedule, and what the amenity deck costs 94 owners to run.

Sixth&Rio Fort Lauderdale — Frequently Asked Questions

I bought pre-construction at Sixth and Rio. Can I sell before or at delivery?

It depends on your purchase agreement. Before closing, selling usually means assigning your contract to a new buyer, which developers often allow only with their written consent and sometimes for a fee, so read the assignment clause first. After closing it is an ordinary resale, priced against what similar homes in the building and nearby have actually closed for. If you bought at Sixth and Rio and want to know what your unit could sell for at delivery, message Josh Stein on WhatsApp at (305) 695-8257.

Is Sixth&Rio built yet?

Not finished, but under construction. Ground was broken in May 2023 (Florida YIMBY, 11 May 2023), and by 2 October 2025 the superstructure was fully formed with glazing begun (Florida YIMBY). The developer’s site reads “delivery 2026” and its 16 June 2026 release says the building is on track for delivery in November 2026. ⚠️ In May 2023 completion was targeted for the first quarter of 2025 (Florida YIMBY), and I have not found an independent report on the site after October 2025.

How many floors does Sixth&Rio have?

Eight. Florida YIMBY (11 May 2023 and 2 October 2025), The Real Deal (5 November 2024) and the developer’s 16 June 2026 release all say eight storeys. The 2021 development-review filing for the earlier AVIVA On The River scheme on this site also gave eight storeys and about 97 feet; I have not found a source that gives the height of the current design. ⚠️ Broward County has no record of the building yet, so there is no county figure.

How many units are in Sixth&Rio, and what do they cost?

94 residences including four townhouses and four penthouses, one to four bedrooms, about 930 to 2,300 square feet (developer release, 16 June 2026; earlier reports 819 to 2,449 in November 2024). The developer’s 16 June 2026 release states prices of $900,000 to $3,500,000; OneWorld Properties’ project page says “starting from the $800,000’s” (undated), and I have not found a source that explains the difference. There is no recorded sale at this address to test either against. ⚠️ The unit count is the developer’s figure; Broward publishes nothing that can verify it.

Why are there no sales records for Sixth&Rio?

Because, as of 24 September 2026, the county has not issued unit folios. Broward records the site as one vacant commercial parcel with $0 building value and no condominium declaration. ⚠️ That is not evidence that nothing has sold — buyers close against a declaration recorded with the Clerk of Court, which the Property Appraiser converts into folios much later. It does mean there are no comparables inside this building.

What was on the Sixth&Rio site before?

Edgewater House Condominium — three storeys, 30 units, built 1980. The developer bought it out for $11,300,000 in June 2021 and the termination of condominium was recorded that August. ⚠️ The county flags that deed as a disqualified sale, so it is not a market comparable.

How much is the Sixth&Rio land worth?

Broward values it at $7,766,550 for 2026 — $225.00 per square foot across 34,518 square feet. ⭐ In 2021, with the old building still standing, the land was carried at $12.25 a foot; demolition re-rated it to $145.00, a nearly twelve-fold jump, and it has risen 55.2% since. ⚠️ $225.00 is a flat district rate shared with other downtown parcels, not an appraisal of this project.

How much of Sixth&Rio has sold?

⚠️ I have not found a published figure after February 2024, when The Real Deal reported it 25% pre-sold — against 30% reported at groundbreaking in May 2023. Both come from the developer or its sales team and describe contracts, not closings; the two may not be measured the same way, and I have not found a source that explains the difference. The developer’s 16 June 2026 release says only that a limited number of residences remain available. Ask for a current, dated figure in writing.

Who is building Sixth&Rio?

Developer Ocean Land Investments (the developer entity named on the project’s legal disclaimer is 501 Aviva Owner, LLC), architect FSMY Architects + Planners with AM Studio also credited (The Real Deal, 5 November 2024), interiors by ID & Design International and Interiors by Steven G per The Real Deal and by IDDI per the developer’s 2026 release, general contractor Stiles Construction, sales by OneWorld Properties since February 2024. A $96,000,000 construction loan was reported on 5 November 2024.

Sources and further reading

Interested in buying at Sixth&Rio in Fort Lauderdale?

Sixth&Rio has been under construction since May 2023 — its structure was fully formed and glazing had begun by 2 October 2025 (Florida YIMBY) — and the developer states delivery as November 2026 (release of 16 June 2026). Talk to Josh Stein about what is actually available, and about the questions on this page that the public record cannot yet answer.

FIND ME THE BEST DEAL

Sixth and Rio Amenities

Per the developer’s website (read 24 September 2026) and its 16 June 2026 release, Sixth&Rio has a rooftop sky terrace with an infinity-edge pool, private cabanas, alfresco dining and lounges; a fitness center; a riverfront clubroom with wine bar and billiards; co-working suites and a private conference room; an owners’ speakeasy-style lounge; and 24/7 concierge service. It sits beside Smoker Family Park and the Riverwalk, with a Water Trolley dock steps away. The residences are specified with Sub-Zero and Wolf appliances and Italkraft cabinetry (developer’s residences page).

https://youtu.be/6ZFw-Qd0nxM

Sixth&Rio in Fort Lauderdale — prices, and how old they are

The price ranges I have found for Sixth&Rio, each with its date, because the age of a price is part of the price:

ReportedRangeSource
21 October 2022$900,000s to more than $2 millionThe Real Deal
11 May 2023$900,000 to $2.5 millionFlorida YIMBY
13 February 2024$900,000 to $2 millionThe Real Deal
5 November 2024$900,000 to $3 millionThe Real Deal / Florida YIMBY
2 October 2025$900,000 to more than $3 million (“reportedly”)Florida YIMBY
16 June 2026$900,000 to $3,500,000Developer’s release
Undated (2026 copyright)“Starting from the $800,000’s”OneWorld Properties project page

⚠️ The two most recent sources differ on the starting price — $900,000 in the developer’s 16 June 2026 release, “the $800,000’s” on its sales team’s undated project page — and I have not found a source that explains the difference. There is no county record of a single sale at this address to test either against. Treat every figure here as a developer-reported asking price of a stated date, not a current price.

Thinking about Sixth and Rio?

I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after.

Call (305) 695-8257Send me a question

Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.com
Ask me about Sixth and Rio501 SE 6th AvenueWhatsAppContact

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