The Lutgert Companies is pleased to announce the much-anticipated groundbreaking for their luxury oceanfront condominiums at Surfsedge at Indian River Shores. The groundbreaking, held Thursday, April 22, was a celebration attended by several dozen people.
Members of the Lutgert management team that attended from Naples included Howard Gutman, President; Michael Hoyt, Senior Vice-President; David Crowley, Chief Financial Officer; and Stephen Parker, Project Manager. Also attending were Dale Sorensen, Sr. Founder Dale Sorensen Real Estate (DSRE); Matilde Sorensen, Broker DSRE; Dale Sorensen, Jr. General Manager DSRE; Jim Goldsmith, Managing Broker DSRE; Megan Raasveldt, lead sales associate for DSRE at Surfsedge; and Terry Thompson, sales associate DSRE, as well as many members of the real estate community.
Gutman addressed the crowd, noting how pleased he has been to have chosen DSRE to represent their project and with the fast-paced sales at Surfsedge. “We were promised that if we build it, they will come, and that has been proven. The strength of the sales has given us the confidence to move forward with the condominium building. We are excited and hope to see the same trend with the oceanfront residences.”
Engineers broke ground and placed the test pilings, which is a critical first step in the construction of the building. The pilings will be loaded and once tested and passed, Lutgert will finalize their permitting process and is projected to start construction in late July.
The gated electronic access-controlled community will feature 12 single-family homes and 12 luxury condominiums. The three condo floor plans range in size from 2,800 square feet to 3,100 square feet, with prices between $2.5 to $3.5 million. The single-family homes range from 3,018 square feet to 3,513 square feet with pricing from $1.76 to $1.85 million, depending on the model and location of the lot.
The Lutgert Companies recently won two Platinum awards for their Sea Shell and Sandbar models during the Treasure Coast Builders Association Parade of Homes. Only one single family lot remains and will be sold when it is no longer needed for the construction of the condominium building.
Surfsedge at Indian River Shores is located approximately 1.5 miles north of Beachland Blvd., on the East side of A1A in Indian River Shores. The Surfsedge sales center is open Monday through Saturday from 10 a.m. to 4 p.m. and Sunday from 11 a.m. until 4 p.m. Call Megan Raasveldt at 772.200.4779 or visit surfsedgeindianrivershores.com to learn more.