G.T. McDonald Enterprises, Inc. will oversee the construction of the high-rise project in Miami.
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Dina Goldentayer of Douglas Elliman is listing the site at 115 and 105 Ocean.
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The Retreat at Bridgewater will feature homes on two-to-five-acre sites with guest houses and detached garages.
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Dina Goldentayer, with Douglas Elliman, represented the seller, while Raissa Enis, also with Douglas Elliman, repped the buyer.
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The Fort Lauderdale development’s newest homes will feature private pools.
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20% of the community has already been pre-sold since launching sales.
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Alex Miranda was the listing agent.
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“Despite the presence of higher mortgage rates, enough buyers remained to keep the market moving.”
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Terra and Sympatico Real Estate will lead the project, with Douglas Elliman managing sales for the condo component.
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The Magic City will also be one of the host cities for the 2026 FIFA World Cup.
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The property is the tallest residential building on the eastern seaboard south of New York.
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The family-owned business has over 30 years of experience creating exceptional developments in South Florida.
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