The new project to do just that is called the Gables Auto Vault and it will be located at 3851 Bird Road. It's currently a vacant lot but is blocks away from a few high-end luxury car dealerships, including the Collection. It's a collaboration between CFH Group and developer Sheldon
According to the Real Deal, the individual condos are priced between $500,000 and $2,000,000. Each unit can fit between six to 20 cars. Oh, and it's already 50 percent sold out to local buyers.
The location was also approved to have "several" car washes, according to the South Florida Business Journal.
"We knew there was a demand for secure [luxury] car storage,” Nathan Vedrani, director of acquisitions for CFH, told the Real Deal.
These won't just be glorified parking spots either. There will be air conditioning, full-time security, and interior design with luxury finishings within each unit. We're not talking concrete boxes here, but rather a comfortable place for one to sit and look lovingly at the millions of dollars worth of automobiles they've collected.