Fort Lauderdale, FL – Waterfront $16 Million Luxury Mansion

2900 NE 37th St, Fort Lauderdale, FL 33308, USA
Triangle 1 Created with Sketch. 5 Weeks of Use Triangle 1 Created with Sketch. $1,270,000 per share - Fractional Home
24000 sq ft 3 Bedrooms 4 Bathrooms

Own a share in an exquisite $16 million, 9-bedroom mansion in Fort Lauderdale, FL with stunning water views.

Features

  • 650 feet of waterfront
  • 2 boat slips
  • Ballet Room
  • Hair Salon
  • Basketball Court
  • Extra large exercise room
  • 2,445 sq foot garage, room for 7 cars
  • Media room
  • Office
  • Library
  • Billiards room
  • Waterfall
  • Waterslide
  • 75,000-gallon heated swimming pool with hot tub
  • BBQ grill and gazebo surrounded by a pool with bridge
  • Swim up stools in the water surrounding the gazebo
  • Bar and a 2nd outdoor BBQ grill
  • Staff quarters
  • Steam showers

Completed in 2004, this 24,000 total square foot luxury masterpiece fills one acre with over six hundred feet of waterfront on three sides.

There is a resort size 102-foot pool complete with a swim-up grill, rock waterfall, waterslide, grotto, and large sun shelf. Enter into a grand 2-story foyer with a massive double staircase.

Additional amenities are an elevator, formal living, dining room, office, and fireplaces in each room.  Fully-equipped chef’s kitchen with breakfast nook and butler pantry,  2-story lodge-style gathering room with a huge fireplace, wet bar and floor-to-ceiling windows offering breathtaking views.

The guest house has 2 bedrooms, 2 bathrooms, a living room, and a kitchen.

ASSOCIATED COSTS

Full share: $2,540,000 – 35 nights of use per year, plus space available use

½ share: $1,270,000 – 17 nights of use per year, plus space available use

RENTAL INCOME

Shareholders have the option to rent some of their weeks to offset annual expenses.

You’ll receive approximately $50,000 – $55,000 in peak season dividend for every week you donate to the rental pool.

As you can see in the chart below, if you enjoy 3 weeks of use and rent 2 weeks, your annual expenses are covered and you will receive a $12,000 dividend.

FULL-SHARE INVESTOR DIVIDENDS

Weeks of Use Weeks Rented Annual Fees
3 2 $12,000 dividend
2 3 $62,000 dividend
1 4 $112,000 dividend

Investors receive 35 nights of use per year plus “last minute available” use.

Shareholders can sponsor unaccompanied guests, giving them the flexibility to send family & friends on amazing vacations, use them as a reward for a high-performing employee, or as a donation to their favorite charity.

“Space Available” Usage

There will be periods when the property will be unreserved and shareholders are welcome to reserve the home on short notice. Accordingly, whenever the villa is unreserved twenty-one (21) days prior, the opportunity for a short notice reservation is considered “Space Available”.

For more information contact Karla Jones here, call: (970) 233-6089, or email karla@luxuryfractionalguide.com.

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