South Florida New Construction · Fort Lauderdale · The Terraces
22 residences across 10 floors.
By Josh Stein · Florida license SL3057661 · Updated 25 September 2026
Verified 24 September 2026Commercial Observer, developer website, Linkvest Capital +7 more10 sources
Downtown Fort Lauderdale skyline — The Terraces
Building facts
- Address
- 527 Orton Avenue
- Neighborhood
- Fort Lauderdale
- Completion
- Reported complete, September 2026
- Floors
- 10
- Residences
- 22
- Status
- Completed (reported) — 10 of 22 unsold, per the developer
- Architect
- Garcia Stromberg
- Last published price
- From $2 million, June 2024
Key Takeaways
- 22 residences across 10 floors — at 527 Orton Avenue (lender’s release, 17 June 2024; the county lists 22 unit folios at this address, retrieved 24 September 2026).
- Status: reported complete — the developer’s website says construction is complete and to move in before year-end (read 24 September 2026), and Commercial Observer reported on 18 September 2026 a “newly completed” building “set to debut this fall”. The county still lists all 22 units in the developer’s name with no unit sale recorded.
- Architecture by GarciaStromberg; developed by Latitude Group, with Winmar Construction as general contractor and Douglas Elliman Development Marketing leading sales (PROFILEmiami, 16 May 2024).
- Delivery: “summer 2026” on the developer’s website of 13 June 2026; “move in before year-end” on 24 September 2026 (Internet Archive capture and live site).
- Pricing: from $2 million (lender’s release, 17 June 2024). The developer’s website publishes no prices, and one Douglas Elliman listing shows $1,595,000 with the status “Contract signed”. Confirm current availability in writing.
Where The Terraces stands, as of 24 September 2026
Reported complete. The developer’s website, read on 24 September 2026, carries the banner “Construction is complete” with “Move in before year-end”. Commercial Observer reported on 18 September 2026 that Latitude Group had landed a $27.9 million loan to refinance a “newly completed” 22-unit building “set to debut this fall”, citing sources familiar with the deal.
What the county shows. The Broward County Property Appraiser lists 22 condominium unit folios at 527 Orton Avenue (units 302 to 903 and two penthouses), all still in the name of Group Latitude LLC, the county’s spelling of the owner; its mailing address is in Key Biscayne, where the lender’s release places the developer, Latitude Group. The only transfer recorded on each folio is a $100 “Non-Sale Title Change” dated 15 April 2026, so the roll shows no unit sale. It still codes the folios as vacant residential with a building value of $0, while listing a floor-area figure for each unit (1,775 to 2,700 square feet). The legal description cites a recorded declaration of condominium and an amended declaration; I have not read either. I have not found a source that gives a certificate-of-occupancy date or the date of the first closing.
How the schedule has been reported. Florida YIMBY wrote on 23 August 2023 that the building “could open in either 2024 or 2025”. PROFILEmiami said on 16 May 2024 that Latitude Group “has broken ground” and, in the same article, that construction was “scheduled to begin this month with a completion date in 2026”; the construction lender’s release of 17 June 2024 puts the groundbreaking in mid-April 2024. The developer’s website read “Now Under Construction” and “Now 50% Sold” on 13 January 2026, and “80% built • 60% sold • delivery summer 2026” on 13 June 2026 (Internet Archive captures). I have not found a source that explains the differences between these dates.
Have a question about The Terraces? 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.
527 Orton Avenue, Fort Lauderdale Beach, Florida 33304 | Neighborhood: Fort Lauderdale
Located in Fort Lauderdale Beach, The Terraces is a Fort Lauderdale condo for sale with 22 residences in a 10-storey building, every one a corner unit, developed by Latitude Group and designed by GarciaStromberg (PROFILEmiami, 16 May 2024).
The building is about five minutes from Las Olas Boulevard and within walking distance of the beach and the Intracoastal Waterway (construction lender’s release, 17 June 2024); the developer’s website puts the beach three minutes away and says two to three residences share each floor (24 September 2026). It is one of the new-construction condominiums on this site.
Amenities per the developer’s website (24 September 2026): a Level 3 relaxation deck with a heated pool, private sunbeds and a summer kitchen, a fitness center with Peloton equipment and a resident lounge with Intracoastal views, plus two dedicated parking spaces per residence and a homeowner-association fee the site gives as about $0.90 per foot, with no period stated. The total amenity area differs by source: 10,000 square feet in the November 2022 launch release, 7,000 in Florida YIMBY (23 August 2023) and in the lender’s June 2024 release, and none stated on the current website. I have not found a source that says which of the launch-release amenities (spa and treatment rooms, two private conference rooms, pet spa) the finished building has.
The developer’s website (24 September 2026) describes two- and three-bedroom-plus-den residences of 1,775 to 2,674 square feet, with 10-foot ceilings, floor-to-ceiling impact glass and continuous wraparound terraces of 500 to 1,955 square feet. It lists a Sub-Zero and Bosch appliance suite, Italian milled cabinetry, European quartz countertops, European porcelain floors, solid wood doors and smart-home connectivity. The lender’s release names Thermador and Bosch appliances instead, and I have not found a source that settles which brand was installed. The county’s per-unit area figures run from 1,775 to 2,700 square feet, with the two penthouse folios at 2,100 and 2,700; the 4,400 square foot penthouses in the November 2022 launch release do not appear in any later source I read.
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The Terraces Fort Lauderdale Amenities
The list below is the amenity list from the developer’s November 2022 launch release (Real Estate Weekly, 2 November 2022), when the building was described as 18 residences with 10,000 square feet of amenities. The developer’s current website names a shorter list, given above; I have not found a source that reconciles the two.
AMENITIES ANNOUNCED AT THE NOVEMBER 2022 LAUNCH
• Private lobby entrance
• PhoneKey mobile access building entry
• Relaxation deck with pool and cabanas
• Fully-equipped fitness center with Peloton bikes and treadmills
• Health center for yoga, pilates and meditation
• Wellness treatment room and spa
• Club room with lounge and kitchen
• 2 Summer kitchens
• 2 Private office conference rooms
• WiFi in all common areas
• Bike stations
• Pet spa
• Private outdoor dog area
The Terraces Fort Lauderdale Prices
The last starting price I can date is $2 million (construction lender’s release, 17 June 2024). The November 2022 launch release gave $1,940,000, and Florida YIMBY (23 August 2023) reported “about $1.9 million” that the developers had not officially confirmed. The developer’s website (24 September 2026) publishes no prices and asks visitors to request availability and pricing.
A Douglas Elliman listing for one residence (302B, about 1,775 square feet) that I read on 24 September 2026 shows $1,595,000 and the status “Contract signed”, with no listing date. That is below the lender’s June 2024 figure, and I have not found a source that reconciles the two. Ask for the current availability and price list in writing.
Sources and further reading
- Edgewood Capital Provides $28M Refi for Fort Lauderdale Condo Project — Commercial Observer, 18 September 2026 (22-unit building at 527 Orton Avenue, newly completed and set to debut this fall; $27.9 million refinancing loan; 60% sold per the property website)commercialobserver.com
- The Terraces — developer website, read 24 September 2026 (banner: construction is complete, only a few units remain, move in before year-end; 60% sold; only 10 residences remaining; 22 residences; 1,775 to 2,674 sq ft; terraces 500 to 1,955 sq ft; finishes and amenities; no prices)theterracesftlauderdale.com
- The Terraces — developer website, Internet Archive capture of 13 June 2026 (80% built, 60% sold, delivery summer 2026, 10 residences remain)web.archive.org
- The Terraces — developer website at theterracesftl.com, Internet Archive capture of 13 January 2026 (now under construction, now 50% sold, 22 corner residences)web.archive.org
- Linkvest Capital Closes $24.5 Million Construction Loan for Latitude Group’s The Terraces — construction lender’s release, 17 June 2024 (10 stories, 22 units, Winmar Construction, groundbreaking mid-April 2024, pricing from $2 million, 60 percent sold, 7,000 sq ft of amenities, Thermador and Bosch appliances, 1,775 to 2,700 sq ft)linkvestcapital.com
- Latitude Group Breaks Ground on The Terraces in Fort Lauderdale Beach — PROFILEmiami, 16 May 2024 (22 residences, GarciaStromberg, Winmar Construction, Douglas Elliman Development Marketing, construction scheduled to begin this month with a completion date in 2026)profilemiami.com
- The Terraces Ft. Lauderdale Planned for 527 Orton Avenue — Florida YIMBY, 23 August 2023 (22 condos, 10 stories, 7,000 sq ft of amenities, homes could start at $1.9 million but not officially confirmed, could open in 2024 or 2025)floridayimby.com
- Latitude Group Launches Sales and Unveils Plans for The Terraces — Real Estate Weekly, 2 November 2022 (launch release: 18 residences, 10,000 sq ft of amenities, 4,400 sq ft penthouses, prices from $1,940,000)rew-online.com
- Property Search — Broward County Property Appraiser (22 unit folios, 504201FE0001 to 504201FE0180, at 527 Orton Avenue; owner Group Latitude LLC on every folio; one transfer each, a $100 Non-Sale Title Change dated 15 April 2026; use code vacant residential; building value $0; per-unit area 1,775 to 2,700 sq ft; retrieved 24 September 2026)web.bcpa.net
- 527 Orton Ave 302B — Douglas Elliman listing F10381963 (Beaches MLS), read 24 September 2026 ($1,595,000; status Contract signed; about 1,775 sq ft; no listing date shown)elliman.com
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The Terraces Fort Lauderdale — questions buyers ask
Is The Terraces finished?
It is reported complete. The developer website, read 24 September 2026, says construction is complete and to move in before year-end, and Commercial Observer (18 September 2026) describes a newly completed 22-unit building set to debut this fall. The county still listed all 22 units in the developer name on 24 September 2026, with no unit sale recorded. I have not found a certificate-of-occupancy date or a first-closing date.
How many residences does The Terraces have?
22. The lender release of 17 June 2024, PROFILEmiami (16 May 2024) and the developer website (24 September 2026) all say 22, and the Broward County Property Appraiser lists 22 unit folios at 527 Orton Avenue. The 18 residences in the November 2022 launch release is an older figure.
What is the correct address?
527 Orton Avenue, Fort Lauderdale, FL 33304, as the Broward County Property Appraiser records it. Some older material spells the street Orten.
What is the building?
A 10-storey boutique condominium of 22 all-corner residences on Fort Lauderdale Beach, developed by Latitude Group and designed by GarciaStromberg, with Douglas Elliman as sales agent (lender release, 17 June 2024). The developer website gives residences of 1,775 to 2,674 square feet.
How many residences are still available, and at what price?
The developer website (24 September 2026) says 60% sold and only 10 residences remaining. Ten remaining would mean 12 of 22 sold, about 55%, so the two figures do not match exactly. It publishes no prices. The last starting price I can date is $2 million (lender release, 17 June 2024). Ask for the current availability and price list in writing.
Thinking about The Terraces?
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.
Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comRelated coverage
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