- December 11, 2024
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After almost two decades standing stagnant, the condos at Grand Haven have undergone a renovation and are almost ready to sell.
Zander Holding Group of Palm Coast bought the two condo buildings — each with 12 units and now named the Grand Vista Condos — in June 2022 for $5 million. CEO Zander Burger said he has spent almost twice that amount — between $8 million and $10 million — renovating the 24 units. Prices for some of the units are expected to exceed $1 million.
“We had to gut [the buildings] down to the studs,” he said. “We basically just took the shell.”
Burger said that it’s been difficult to bring the building up to code, which has changed significantly since the condos were built in 2004. The units are all designed with high-end luxury in mind and influenced by European styles, Burger said — including the closets, which do not have the wire racks most American homes have, but built-in wooden shelving.
“We wanted to bring luxury back because of the location and the way the building is situated,” Burger said. “There is really nothing in the county that can compete with this.”
The first building, on the east side, overlooks the Intracoastal Waterway, and the top floors have a view of the ocean. The west building abuts the golf course.
Burger said Zander Holding Group will host several viewing opportunities for the condos. Grand Haven residents will have the first opportunity to view the condos, since they had to live next to the dilapidated buildings for almost two decades, he said.
The tours are only open for those who pre-register at https://grandvista.info/. The first of the two buildings will be available for viewing in the last few weeks of October, broker Gina Harding said.
The price for the condos in the first building will range from $699,000 to $1.4 million, Harding said. The second building is still a month away from completion, she said, so the prices for those units have not been set yet.
Harding said that even though she tends to be conservative about sales, she believes the first building will sell out of units by the end of November.
"I would say that the first building definitely, I think, [will sell out] within 30 days, and I would not even be surprised if it's with the first week because of the amount of interest," she said.
Burger said he conducted his first property transaction in real estate at age 16 in his home county of South Africa. As he grew older, he began expanding into the United States and began the process of immigrating here legally.
He said his story is an example of immigration done correctly, through the long, legal process — even though he had to leave in the middle of the Grand Vista’s development. Now, he and his wife live in Palm Coast.
“I bought the building, and we left,” he said. “We were out of the states for more than a year, fighting immigration to get back. And it all worked out beautifully.”