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Fort Lauderdale Beach Resort 2025 Update Letter and Sales Promotion

Eric B

TUG Member
Joined
Jun 10, 2017
Messages
7,189
Reaction score
7,777
Resorts Owned
Massanutten, Wyndham, WorldMark, Vistana, Marriott Los Sueños, Vidanta, Flora Farms, HGVC Max, and some independents
Received by email this morning. Sales List attached.

Dear Ft. Lauderdale Beach Resort Owner, March 2026
Over the past several months and throughout 2025, a number of important changes and improvements have taken place at Ft. Lauderdale Beach Resort. We would like to take this opportunity to update you on these developments.

First, we sadly share the passing of our long-time Board Director and President, Ken Fromer. Ken resigned from the Board on October 6, 2025 and passed away on January 28, 2026. For over 20 years, he served the resort as both Director and President, playing a critical role in nearly every aspect of operations. Ken was instrumental in transforming the resort from its early years into one of the most desirable vacation ownership destinations in South Florida and the Ft. Lauderdale area. His leadership, dedication, and tireless work will be greatly missed.

On February 21, 2026, the Annual Owner Meeting was held on the 18th floor of the resort. Approximately 75 owners attended and were provided ample opportunity to ask questions, offer comments, and share recommendations. Because a quorum (50% of ownership) was not reached, the only official business that could be conducted was the election of the Board of Directors.

Following the Annual Meeting, the Board convened and elected officers. The results are as follows:

• Scott Feehan – Director and President
• John Perez – Director and Vice President
• Keith McLeod – Director and Secretary
• Richard Schwartz – Director and Treasurer
• Brian Waltman – Director

With four of the five directors continuing from the prior year, the Board was able to maintain continuity and move forward quickly with operational improvements. The Board has been meeting at least monthly to review resort operations and implement enhancements. Over the past year, the resort has made measurable progress in safety and compliance, common-area presentation, unit quality, and overall financial and operational performance. Below is a summary of key accomplishments.

Life Safety and Security Upgrades

• Installed a new Fire Voice Evacuation Panel fully integrated with sprinklers, smoke detection, pull stations, and direct communication with the Fire Department to ensure long-term reliability and compliance.
• Replaced and upgraded the Central Fire Control Panel in coordination with vendors and City officials.
• Upgraded the intelligent security touchpoint system, improving vendor accountability, monitoring, and reporting capabilities.
• Expanded security cameras from 12 to 32 channels with 8MP resolution, waterproof housings, and cloud integration.
• Increased coverage during holidays and high-risk periods with expanded checkpoints and enhanced public area monitoring.
• Completed the annual Fire Marshal inspection with no violations.

Major Common Area Enhancements

• Installed two new automatic entry doors, improving security, appearance, and reducing maintenance costs.
• Completed pool coping and Diamond Brite resurfacing, enhancing both safety and aesthetics.
• Replaced piping for the chiller system serving 60 studio units and repaired roof piping, fans, and motors under warranty.
• Refreshed the pool area with deck and wall repainting, new landscaping, lighting upgrades, and more than 20 new lounge chairs.
• Upgraded the concierge area with a new video display system provided by the Chamber at no cost to the resort.
• Introduced the weekly “Just Ask Mike” guest newsletter highlighting guest trends and property engagement.
• Refreshed the ground-level lobby entrance with new paint and guest-facing improvements.
• Updated the café interior with paint, wallpaper accents, and improved organization.
• Renovated the lobby conference room with new flooring and paint.
• Resealed and repainted terrace roofing, with additional phases under review.
• Completed electrical panel upgrades for the second floor and common areas.
• Restored the laundry room ceiling and storage areas on schedule and within budget.

Furniture and Fixtures Improvements

• Installed 210 Sealy king mattresses, 410 box springs, and new bed frames following competitive bidding and specification review.
• Transitioned to 210 refreshed bedding sets with new pillow covers to improve presentation and guest satisfaction.
• Ordered 150 living room chairs and 150 sleeper sofas, with the first deliveries completed in February.
• Engineering and Housekeeping implemented an in-house room improvement log to track enhancements.
• Completed:
o 161 flooring upgrades
o 68 painting and refresh projects
o 35 window treatment replacements
• Additional unit improvements remain in progress.

2025 Insurance and Risk Management

• Property Insurance: Total cost of $496,825, representing a $55,111 reduction from the prior year while doubling parametric wind coverage from $500,000 to $1,000,000.
• Employee Health Insurance: Transitioned from Florida Blue to United Healthcare, generating $100,596 in savings.
• Audit Recovery: Identified and recovered $24,867 in overpayments related to inactive employee coverage.
• Claims Record: Zero OSHA claims, zero workers’ compensation claims, and only one liability claim during the year.
• Insurance Recovery: Recovered $69,050 from CNA Commercial related to May 2022 damages.
• Completed updates to the employee 401(k) retirement plan, tax filings, and Form 5500 compliance documentation.

Operating Systems and Standards

• Vacatia recognized the resort for Best in Guest Review Management, including:
o 12-hour average response time
o 100% response rate
o 88% Happy Customer rating
• Implemented department-level budgets for Food & Beverage and Laundry operations.
• Officially transitioned the property to a No-Smoking Resort, with updated signage and reservation channel changes.
• Engineering implemented a service-tracking system handling 848 work orders with a 98.83% completion rate.
• Housekeeping completed a full deep-clean cycle of all 210 units, with three cycles planned for 2026.
• Introduced a smallware discard reporting system to strengthen inventory control.
• Implemented POS tablet reporting to improve financial tracking and reporting accuracy.
• Improved guest laundry equipment and vendor accountability, increasing revenue 104% year-over-year.
• Installed six vending units generating additional auxiliary income.

Pending Year-End Financial Results

• Total transient and wholesale revenue for 2025 reached $2.308 million, exceeding 2024 by $315,000.
• Booking platforms including Booking.com and Expedia generated $1.639 million, an increase of $583,000 from 2024.
• Average Daily Rate increased to $142.48, up $5.18 year-over-year.
• Overall occupancy reached 81%, with rentals representing 21% of total business.
• The resort welcomed 8,897 guest arrivals supported by 8,868 departure room cleans.

Team Development and Leadership

• Delivered structured management training on time management, change leadership, and employee relations.
• Promoted Ramona Palmer to Assistant Resort Manager.
• Conducted staff training covering hurricane readiness, revenue opportunities, and operational communication.
• Implemented a structured 90-day financial training program for management.
• Recognized four Employees of the Quarter: Augusto, Sabrina, Seeta, and Odiel.
• Celebrated Housekeeping, Engineering, and Guest Services Week with team recognition events.
• Provided holiday bonuses to all employees in recognition of their dedication and hard work.

Capital Projects and Infrastructure

• Initiated the 10-Year Electrical Milestone Plan.
• Restoration and exterior painting project moving forward with an anticipated start date of August 1.
• Completed a property asbestos study confirming no asbestos present.
• Completed the Structural Integrity Reserve Study (SIRS) for Board review.

Thank you for your continued support of Ft. Lauderdale Beach Resort.

Very truly yours,

Ft. Lauderdale Beach Resort
Board of Directors

Please take advantage of the Board approved limited-time sales promotion available for owners, their family members, and friends on the next page.

FT. LAUDERDALE BEACH RESORTOWNER’S SPECIAL – LIMITED TIME SALES PROMOTION Exciting news! The Board of Directors has approved a limited-time promotion for all owners who are current on their fees, as well as their family and friends. This promotion features “Resort Owned” weeks and “Owner Defaulted” weeks only:• Resort Owned Weeks: Acquired from owners who have defaulted on maintenance fees or real estate taxes.• Owner Defaulted Weeks: Weeks requiring foreclosure before the resort can take ownership due to unpaid fees. Unpaid fees increase expenses for the resort, which are reflected as Bad Debts in the budget and can raise maintenance fees for all owners. By purchasing these weeks, you help reduce the resort’s expenses and may positively impact future maintenance fees—all while enjoying a 70% discount from list prices. We encourage owners to consider purchasing additional weeks or inviting family and friends to enjoy the benefits of vacation ownership at Ft. Lauderdale Beach Resort. The 2 lists of available inventory and pricing can be found on the resort website at: www.flbr.net-Owner’s Corner / Resources. You may also contact Net Realty Services directly.

PROMOTION RULES

1. Available until April 30, 2026.
2. Sales are first-come, first-served through the Board-approved broker, Net Realty Services.
3. Purchases are for 2027 occupancy, subject to availability.
4. All purchase documents and full payment must be returned within 7 days. Delay may result in loss of reserved week(s).
5. Resort Owned weeks close immediately; Owner Defaulted weeks close after foreclosurecompletion.
6. Wilkinson Title Agency will provide recorded title and title insurance via Warranty Deed and Policy.
7. Estimated closing costs: $350.
8. Promotion may end at any time without notice, but reserved weeks will be honored.
9. Applies to new contracts only; not valid on existing contracts.
10. Cannot be combined with other promotions.
TO PURCHASE OR FOR QUESTIONS:
Net Realty ServicesOffice: (561) 451-2503Mobile (Bryan – text OK): (561) 573-1331Email: bryan@netrealtyservices.netWebsite: www.netrealtyservices.net
 

Attachments

  • FLB-Resort_Owned_Weeks__1_.pdf
    1.2 MB · Views: 183
Wow that's alot of foreclosure units.
 
Those were the resort owned weeks. There’s another list of foreclosures in progress.
 
As an owner it is pretty scary. I knew there were lots of resort owned weeks, but never imaged it would be so many. The former president took back too many units from owners who wanted to deed back.
 
As an owner it is pretty scary. I knew there were lots of resort owned weeks, but never imaged it would be so many. The former president took back too many units from owners who wanted to deed back.
Just curious:

1. What is the actual total number of "ownable" weeks at FLBR? Over the years, I've often seen it opined that once an independent resort reaches or exceeds a 25% delinquency / non-performing rate, bright red flags begin to fly regarding future prospects for its' long term financial viability . Having stayed at FLBR (only once), I recall that it is certainly a very tall high rise, but I have no idea of the total number of individual "ownable" unit / weeks there. :unsure:

2. How many of the HOA-owned weeks listed are weeks that slimy Capital Vacations acquired, but then completely "bailed out" on, failing to honor their maintenance fee obligations and deeding weeks back to FLBR after Capital Vacations was (very wisely) dumped as the FLBR management company?
 
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Just curious:
1. What is the actual total number of "ownable" weeks at FLBR? Over the years, I've often seen it opined that once an independent resort creeps above a 25% delinquency rate, serious red flags begin to fly regarding its' long term financial health . Having stayed at FLBR (only once), I recall that it is certainly a very tall high rise, but I have no idea of the total number of ownable weeks there. :unsure:

2. How many of the HOA-owned weeks listed are those that slimy Capital Vacations had initially acquired some years back, but more recently "bailed out" on, deeding them back to FLBR after being (very wisely) dumped by FLBR?
There a total of a total of 7800 weeks, not sure the per cent are actually owner owned. (10 units per floor, times 15 floors, times 52 weeks)

The weeks taken back from Capital were as a result of them not paying their annual maintenance fees so they came to an agreement with resort to give them back.
 
Those were the resort owned weeks. There’s another list of foreclosures in progress.
How many are on that list?
This is an old building and I'm sure the reserves are going to be an issue.
This was my first timeshare purchase on ebay.
Glad I got out a few years ago.
It's always available for easy exchange or rental.
 
As an owner it is pretty scary. I knew there were lots of resort owned weeks, but never imaged it would be so many. The former president took back too many units from owners who wanted to deed back.
Wow, You own a lot of weeks there.
I only owned one that I got rid of about 10 years ago.
I would trade it with VRI to to to Fort Myers beach.
Ended up replacing it with an HGVC that had easier SW Florida exchange options.

So curious what do you think the President should have done with the units of
owners that wanted out?
I know I gave mine to a friend and the resort handled the closing so they were
facilitating transfers, but I do know my friend let it go into foreclosure.

When is it time to Sunset a resort like FLBR?
The building is way over 40 years old by now and I'm sure is going to require
lots of reserves and repairs. Owners have got to be in their 70's and 80s.
So what do you do with all those units if the youngin's don't want it?
I see this not ending well.
I can see a nice shiny high rise rising in it's place.
 
Chriskre

I think the president who is now deceased took these units back to benefit his own pockets. There are lots of rumors of what he was up. I will leave it that.
 
What is the condition of this resort after all these improvements for 2026?
 
Everything is fine at the resort we weathered the reign of the president for over 20 years.
 
The former president took too many units back from owners.
 
We currently own 7 units at FLBR (Fort Lauderdale Beach Resort). Additionally, We've been visiting the resort for over 20 years.
As a result, my wife and I have gained a pretty good perspective with regards to the quality, benefits and issues that characterize the resort.

First, with regards to the number of resort owned units, these units do not generate maintenance fees, but they do provide income. Vacatia has an active rental program that provides significant income--not as much as maintenance fees, but a fairly good income.

With regards to resort age related problems, they are mostly limited to cosmetic--not structural. Additionally, as indicated in the BOD newsletter, there is continual action to improve the cosmetic problems. The furniture has always been clean and comfortable, but dated. Recent initiatives have replaced the mattresses in all units and begun the process of furniture upgrades.

But the best characteristic of the resort is it's location. The large Hugh Taylor Birch State Park is next door to the North. The Bonnet House Museum/Gardens is adjacent to the South. And the fantastic Fort Lauderdale Beach is located a short block away. With the State Park to the North and Bonnet House to the South, the beach is never crowded--never. A Publix grocery, Galleria Mall, multiple restaurants, a famous pizza house, and many other businesses are all within walking distance. All 1 and 2 bedroom units have a private balcony with excellent views of the ocean or the intracoastal waterway, sunset & city lights. (But units on the 3rd and 4th floors that face Intracoastal Waterway often have a much more restricted view.)

In general, ownership at FLBR has been very satisfying and enjoyable. And since all of our 7 units are in the Jan-Feb timeframe, and located on upper floors, they tend to rent very well--especially through TUG.
So for those people who believe that FLBR ownership represents a risk--think again.
 
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In addition, the maintenance fees are much lower than comparable TS in the area.
 
What are the MFs on the 2BR there?
 
What are the MFs on the 2BR there?
2 BR MFs that I paid for 2025 were $1259. The fees I paid for a 1 BR/1.5 Bath were $1079.
My rental income from TUG listings were $1650 and $1395, respectively.
However, my rental units are located in the more desirable upper floors, and in the Jan-Feb timeframe, so they rent very well.
 
Chriskre

I think the president who is now deceased took these units back to benefit his own pockets. There are lots of rumors of what he was up. I will leave it that.
That wouldn’t surprise me in the least.
I know some shady stuff was going on at my beachfront timeshare in Hollywood as well but what can you expect.
Nobody volunteers their time for free in Florida in a condo without getting something out of it.
It’s the culture of our area. Happens in almost every building in one way or another.
It’s amazing any condos finances survive the theft.
 
The months of January and February are very high demands for the FLBR resort because of the many cruises out of Fort Lauderdale. IMHO
 
2 BR MFs that I paid for 2025 were $1259. The fees I paid for a 1 BR/1.5 Bath were $1079.
My rental income from TUG listings were $1650 and $1395, respectively.
However, my rental units are located in the more desirable upper floors, and in the Jan-Feb timeframe, so they rent very well.
My maintenance fees are 1675 for a 2-bedroom lock-off in Grand Cayman. I am disapponted that I have not been able to rent 1 week in the 1 bedroom for 1200. It is advertised on TUG now. Do you have any advice for me? This is for 2026. I would really like to rent this last week I have banked.
 
My maintenance fees are 1675 for a 2-bedroom lock-off in Grand Cayman. I am disapponted that I have not been able to rent 1 week in the 1 bedroom for 1200. It is advertised on TUG now. Do you have any advice for me? This is for 2026. I would really like to rent this last week I have banked.
As a listing agent, TUG provides multiple benefits: Almost free, direct contact with prospective guest, easy listing process, ability to display a full description of the rental unit.
However, at this time TUG does not have the same level of exposure that is available with many other listing agents.
In the past, Redweek always provides successful listing service, but their new up-front listing fee makes Redweek much less attractive.

Koala provides a listing service that has no up-front fees. Koala adds a service fee that the guest pays, not the host. However, Koala's level of exposure is questionable and Koala limits the owner's ability to display a complete/extensive unit description.

Rialto Vacations also provides a no up=front listing service. Rialto takes a percentage of the listing cost plus they charge the guest a service fee. The listing price can be increased to offset the fee charged to owner, so in total the listing fees are similar to Koala. As with Koala, the level of exposure on Rialto is questionable. However, Rialto does make listings visible of other listing services like VRBO and AirBandB which can increase visibility but also adds additional fees to the total rental cost.

Personally, I've found listing services like VRBO, AirB&B and Booking.com to be too difficult and expensive to use for a simple timeshare week, but I'm sure others have been more successful with these types of services.

Good luck with your rental.
 
We currently own 7 units at FLBR (Fort Lauderdale Beach Resort). Additionally, We've been visiting the resort for over 20 years.
As a result, my wife and I have gained a pretty good perspective with regards to the quality, benefits and issues that characterize the resort.

First, with regards to the number of resort owned units, these units do not generate maintenance fees, but they do provide income. Vacatia has an active rental program that provides significant income--not as much as maintenance fees, but a fairly good income.

With regards to resort age related problems, they are mostly limited to cosmetic--not structural. Additionally, as indicated in the BOD newsletter, there is continual action to improve the cosmetic problems. The furniture has always been clean and comfortable, but dated. Recent initiatives have replaced the mattresses in all units and begun the process of furniture upgrades.

But the best characteristic of the resort is it's location. The large Hugh Taylor Birch State Park is next door to the North. The Bonnet House Museum/Gardens is adjacent to the South. And the fantastic Fort Lauderdale Beach is located a short block away. With the State Park to the North and Bonnet House to the South, the beach is never crowded--never. A Publix grocery, Galleria Mall, multiple restaurants, a famous pizza house, and many other businesses are all within walking distance. All 1 and 2 bedroom units have a private balcony with excellent views of the ocean or the intracoastal waterway, sunset & city lights. (But units on the 3rd and 4th floors that face Intracoastal Waterway often have a much more restricted view.)

In general, ownership at FLBR has been very satisfying and enjoyable. And since all of our 7 units are in the Jan-Feb timeframe, and located on upper floors, they tend to rent very well--especially through TUG.
So for those people who believe that FLBR ownership represents a risk--think again.
Vacatia changed the way they pay owners for rentals so don’t be surprised if you only get $250 for your prime weeks this year if you’re still using them to rent your units.
So yes owning a Vacatia managed unit comes with new risks now that didn’t exist with the prior management or at least wasn’t as obvious. Good luck to you. I am done with Vacatia.
 
Vacatia changed the way they pay owners for rentals so don’t be surprised if you only get $250 for your prime weeks this year if you’re still using them to rent your units.
So yes owning a Vacatia managed unit comes with new risks now that didn’t exist with the prior management or at least wasn’t as obvious. Good luck to you. I am done with Vacatia.
I rented out using Vacatia and thought I did okay. We rented out our week 7 lockout studio this winter. With the new rental pool they take the income from all the units for the month and divide it out to all owners in the pool. We got $484.00. You do not have to worry if your week gets rented as all owners share in the income they received for the month.

Found a better rental program is with Rialto. You tell them the rental income you want and they add their fees to the rental listing. You get all the money without loosing 25% to the resort. Will definately try that next time
 
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