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Fontainebleau III Tower Closer to Reality

MIAMI BEACH, FL-The project's developers, the Fontainebleau Hilton and Turnberry Associates, have begun selling the 18-story, 311-unit condominium-hotel after selling out Fontainebleau II months before delivery is planned. A groundbreaking for Fontainebleau III is slated for early next year, while Fontainebleau II is set to begin delivery in late November.

By Melissa Bogdany | Updated on June 04, 2004

MIAMI BEACH, FL-The Fontainebleau Hilton and Aventura, FL-based Turnberry Associates have embarked on another venture–Fontainebleau III, an 18-story condominium-hotel planned for here.

After selling out the 36-story, 462-unit Fontainebleau II condominium-hotel about six months before delivery is scheduled to begin, the developers have started selling Fontainebleau III Ocean Club, to be built on the south end of the property, adjacent to Fontainebleau II.

Fontainebleau III will have 311 condominium-hotel residences with views of the Atlantic Ocean, Miami Beach and the Fontainebleau Hilton grounds. Prices for these units range from $435,000 to more than $1.8 million. The furnished junior, one-bedroom and two-bedroom suites will range from 500 sf to 1,600 sf plus terraces.

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