Engel & Völkers Fort Lauderdale Named Exclusive Listing Agency to Represent The Terraces
Francisco and Niliana Garcia with Engel & Völkers Fort Lauderdale secure exclusive representation of The Terraces, Fort Lauderdale Beach’s most anticipated new boutique development
March 7, 2025 - Fort Lauderdale, FLA - Engel & Völkers Florida today announced the latest addition to its portfolio of luxury development projects. Francisco and Niliana Garcia of Engel & Völkers Fort Lauderdale secured exclusive representation of The Terraces, a 22-unit luxury residence at 527 Orton Ave in the heart of Fort Lauderdale Beach, developed by Latitude Group.
“The demand for luxury new construction in Southeast Florida continues to soar,” said Niliana Garcia. “With limited inventory and record-breaking absorption rates, projects like The Terraces are being embraced by discerning buyers seeking primary and secondary residences. Despite high-interest rates, the luxury market remains robust, driven by cash buyers who value exclusivity, quality, and exceptional locations. Many developments are selling out well ahead of completion, and The Terraces is poised to exceed expectations. Furthermore, this project stands out as the only new development in the area slated for completion within the next 12 to 14 months, offering a unique and timely opportunity for luxury buyers.”
Positioned steps away from Fort Lauderdale’s pristine white sands and sparkling waterways, The Terraces offers an exclusive collection of only 22 residences, providing an intimate and private living experience. Each residence is meticulously designed to blend contemporary elegance with the laid-back charm of beachside living, featuring floor-to-ceiling windows, expansive terraces, and open-concept layouts that offer breathtaking views of both the ocean and city skyline. This seamless connection between indoor and outdoor spaces allows for a luxurious living environment.
“At Engel & Völkers, we are excited to bring a new level of luxury to the Fort Lauderdale market with The Terraces,” said Francisco Garcia. “This project is a testament to our commitment to providing exclusive, high-end properties that offer exceptional living experiences. We are confident that The Terraces will set a new standard in waterfront living, offering unparalleled amenities and breathtaking views.”
Residents will enjoy over 6,000 square feet of thoughtfully curated indoor and outdoor amenities, including an elegantly designed attended lobby that offers a welcoming atmosphere, a landscaped sun terrace ideal for relaxation or entertaining, and exclusive access to Fort Lauderdale’s vibrant beaches and waterways. The prime location of The Terraces places residents just moments away from world-class dining, shopping, and entertainment, while still maintaining a tranquil, resort-style ambiance, making it the ideal choice for luxury living.
“The luxury real estate market in south Florida needs a global network to maximize exposure to the most qualified potential buyers,” said Peter Giese, CEO of Engel & Völkers Florida. “Engel & Völkers Fort Lauderdale has an impressive history representing and selling extraordinary development projects in addition to luxury resale listings for top dollar utilizing our global marketing platform.”
