Builder · No. 48 on the water in Fort Lauderdale · permits 2020–2022

Colony Construction Group

3houses2cities

3 new homes since 2020: 2 in Fort Lauderdale, 1 in Boca Raton. 3 on the water, mostly in Harbor Beach, Coral Ridge and Golden Harbour. State license CGC1527428.

Where they build

City by city, each against its own typical build

New homes3

3 complete · 0 rising

On the water3

100% of their homes · rank 51 overall

Typical build49.6 mo
16.5 months slower than typical
How the pace is measured

Each finished home against the typical build for homes like it (on the water or off it) in its own city, then the middle value of those differences.

Top recorded sale$13.9M

New build2880 NE 28 St · $1,004/sf

Against the market

Each city · homes since 2021
Home by home, against the typical build in each city: 16.5 months slower than typical
How the pace is measured

Each finished home against the typical build for homes like it (on the water or off it) in its own city, then the middle value of those differences.

Build time in Fort Lauderdale (2 finished homes)
0 mo30 mo60 mo

Their median in Fort Lauderdale is 47.9 months; the median for waterfront homes in Fort Lauderdale is 33.1. Small sample, so read it loosely.

Build time in Boca Raton (1 finished home)
0 mo30 mo60 mo

Their median in Boca Raton is 62.2 months; the median for waterfront homes in Boca Raton is 23.9. Small sample, so read it loosely.

Median declared permit value $2.35M per home, the 15th highest among 188 builders with three or more homes. Declared values run well below real construction cost.

Their lots cost a median $2.1M.

  • Their median
  • Middle half, each city waterfront

    95 waterfront homes in Fort Lauderdale permitted 2021–2023, from the permit application to the certificate-of-occupancy packet. 72 waterfront homes in Boca Raton permitted 2021–2023, from the permit application to the certificate-of-occupancy packet.

  • Median
Every new home on record

Portfolio

AddressCityNeighborhoodPermitStatusLotDeclared permit valueSale
1400 W Lake DrWaterFort LauderdaleHarbor BeachJun 2022Complete$8.7M$2.6M—
2880 NE 28 StWaterFort LauderdaleCoral RidgeAug 2021Sold$2.1M$2.35M$13.9M
681 Golden Harbour DrWaterBoca RatonGolden HarbourJul 2020Sold$1.73M$2.2M$12.3M