Stellar Homes Group creates ‘unique’ upscale community in Fort Lauderdale historic district

Luxurious waterfront living beckons buyers to New River in Fort Lauderdale’s historic district via Stellar Homes Group’s recent groundbreaking for its newest venture, Velero.


Luxurious waterfront living beckons buyers to New River in Fort Lauderdale’s historic district via Stellar Homes Group’s recent groundbreaking for its newest venture, Velero.

"The project is perfectly and conveniently situated in Sailboat Bend, enhances and improves the neighborhood experience, and promotes environmental awareness and protection," Fort Lauderdale Mayor John "Jack" Seiler said.

Event participants included Seiler, Stellar Homes Group Managing Partners Stephen Petrucci and Larry Baum along with Greater Fort Lauderdale Realtors 2016 board representatives Peter Cooper (Government Affairs Chairman), Richard Masterson Jr. (Secretary), Adam Sanders (Director of Government Affairs) and Ron Lennen (President-Elect).

Located at 1544 Argyle Dr. with an expected summertime finish date, Velero waterfront townhomes adjoining New River will be priced starting from $700,000. With corner lot custom pools, European-styled baths and luxury kitchens with stainless appliances, each townhome will feature a private deeded boat slip and choice of bedrooms and garages.

"We are very excited on the groundbreaking of Velero and proud to offer these waterfront luxury townhomes with a sensitivity to the environment and the historic nature of Sailboat Bend," Baum said. "Velero is a truly unique place to live."

Stellar Homes Group is a South Florida real estate developer based in Fort Lauderdale, serving Miami-Dade, Broward and Palm Beach counties.

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