Merrimac Ventures

8 active developments by Merrimac Ventures across Miami, Ocala, Fort Lauderdale.

8
Active projects
3
Cities
5
Condos

Merrimac Ventures has 6 active projects on the platform, all in South Florida. The projects are in two cities: Fort Lauderdale and Miami. The listings are all condominiums, so buyers here are looking at condo residences and not at townhomes or single-family homes.

The projects listed include ArtsPark Lofts, Bungalow East, Four Seasons Fort Lauderdale Hotel and Residences, 317 N Federal, Society Las Olas and Paramount MWC. Names like Four Seasons Fort Lauderdale Hotel and Residences point to a hotel-branded residential format. Others, such as ArtsPark Lofts, suggest a loft-style product. Check each project page for the actual floor plans, pricing and completion timelines.

Buying from one developer across two markets lets you compare several buildings side by side. You can look at location, unit mix and deposit terms for each project before you choose.

Buying a Merrimac Ventures pre-construction home

How buying pre-construction works

Most buyers start by registering interest in a project. That can give them access to available units, pricing and floor plans, sometimes before a wider release. After choosing a unit, you sign a purchase contract and pay deposits on a schedule set out in it.

The building is then constructed, and closing takes place once it is ready for occupancy. In Florida, new condominium purchases carry a 15-day rescission period under FS 718.503. This applies to condos only. Have a lawyer review the contract and the developer's disclosure documents within that window.

For investors: what to evaluate

A pre-construction purchase lets a buyer secure a unit with staged deposits, then close when the building is complete. That spreads the capital outlay over time. It also means the unit is not available to rent or use until completion, and the market can change between contract and closing.

Before buying, look at how many comparable units are being delivered nearby and how quickly they are selling. Check rental demand in the specific Fort Lauderdale or Miami neighborhood, and think about how the building type affects that demand. Also review HOA or condo fees, the deposit schedule and the assignment rules in the contract. Nothing here predicts appreciation or returns, so run your own numbers with an advisor.

For first-time buyers

Pre-construction condos usually require a larger deposit than a typical resale purchase, paid in stages. The total and timing vary by project, so confirm them in each project's terms. Budget for closing costs and ongoing condo fees as well.

First-time buyers should ask what down-payment or purchase assistance programs they qualify for in Florida, and whether those programs apply to new construction. Registering early can give you first access to floor plans and pricing, and more time to plan your deposits.

Common questions

How many Merrimac Ventures projects are listed?

There are 6 active Merrimac Ventures projects on the platform. They are located in Fort Lauderdale and Miami, Florida.

What types of homes does Merrimac Ventures build?

The current listings are all condos. There are no townhome or single-family listings from this builder on the platform.

Which cities are Merrimac Ventures projects in?

The projects are in Fort Lauderdale and Miami.

Which Merrimac Ventures projects can I browse?

They include ArtsPark Lofts, Bungalow East, Four Seasons Fort Lauderdale Hotel and Residences, 317 N Federal, Society Las Olas and Paramount MWC.

Is there a cooling-off period on new condos in Florida?

Yes. Florida gives buyers of new condos a 15-day rescission period under FS 718.503. It applies to condos only.

How much deposit do I need?

Deposits differ by project and are normally paid in stages. Check the deposit schedule for the project you are interested in and in the purchase contract.

Are these condos suitable for investors?

That depends on your goals. Look at local supply, rental demand, fees and the contract's assignment terms. Returns are not guaranteed.

Why register early for a project?

Early registration can give you first access to unit availability, pricing and floor plans. It also gives you more time to plan deposits.

Merrimac Ventures builds in