Ocean Land Investments has launched sales for AquaVue, the firm's fifth Aqua-branded waterfront condominium project in Fort Lauderdale.
And in a generational shift, Marc-Andre Roy, son of Ocean Land Investments President Jean Francois Roy, is spearheading the development of the five-story boutique building in the Las Olas Isles.
AquaVue, at 133 Isle of Venice Drive, will feature eight loft-inspired residences with three bedrooms and three-and-a-half baths, each spanning 2,850 square feet to 2,864 square feet.
Pricing will range from $1.475 million to $1.625 million, with prices per square foot from $515 to $570 and averaging $545, Marc-Andre Roy told The Real Deal.
Roy, 23, who grew up in Boca Raton, said he has worked for Ocean Land Investments throughout high school and college. Since graduating from the University of Miami, he has served as director of acquisitions, playing a major role in the firm’s AquaVita, AquaLuna, AquaMar and AquaBlu developments.
Now, he is heading AquaVue, differentiating it from Ocean Land Investments' other projects by implementing an open, loft-inspired design. The floor plan will feature a sliding door as the wall between the master bedroom and the large living space, he said.
"I'm catering to a different buyer, a younger buyer," Marc-Andre Roy told TRD. "I'm looking for young, wealthy individuals."
The building’s floor plans will feature three bedrooms and three-and-a-half baths. Designed as double-corner units with expansive terraces and floor-to-ceiling windows, the residences will have views of the Intracoastal Waterway and downtown Fort Lauderdale.
Each unit also will include a private boat slip that can accommodate vessels up to 50 feet, with deep-water canal access to the ocean. Kitchens will be equipped with Italian cabinetry, quartz countertops, and Sub-Zero and Wolf appliances.
Amenities will include a heated saltwater pool, outdoor barbecue area, outdoor storage space for watersports equipment, and garage bike storage.
Renaldo Borges is the architect for the project, Roy said. Construction is expected to begin in April.
In addition to AquaVue, Ocean Land Investments recently opened the sold-out AquaVita and continues construction on the 16-unit AquaLuna, which topped off this summer, the 20-unit AquaMar and 35-unit AquaBlu.
Ocean Land Investments' father-and-son duo join other such multi-generational teams in Miami, such as Jorge Perez and his son Jean Paul Perez at Related Group; Alan Ojeda and Diego Ojeda at Rilea Group; and Pedro Martin and David Martin of Terra Group.
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