Key Points
Dependable Equities is building a 44-story twin-tower condo at 300 NE 3rd Avenue in Flagler Village, with completion expected in 2028
The new Flagler Collection targets value-conscious buyers with studios to two-bedroom layouts on floors 2–9
The Tower Collection offers larger, more luxurious units up to four bedrooms on floors 11–41 with expansive downtown views
Dependable Equities is expanding its footprint in Fort Lauderdale with a bold two-pronged residential strategy at its new condo development, Ombelle. As the South Florida market becomes more price-sensitive yet design-focused, the introduction of the Flagler and Tower Collections aims to reach both ends of the buyer spectrum.
Address and Developer
Ombelle is rising at 300 NE 3rd Avenue, a central Flagler Village address that has been gaining traction among urban-core renters and buyers. The developer, Dependable Equities, is based in Brooklyn and has grown a multibillion-dollar portfolio with a focus on residential towers across New York and South Florida.
Architecture and Layout Strategy
Designed by ODA Architecture, the building will feature two interconnected towers climbing to 44 stories. It will include 1.5 million square feet of development with over 11,000 square feet of retail.
Two residential collections divide the offerings:
The Flagler Collection (floors 2–9) targets entry-level buyers with studios, one-bedrooms, one-bedroom-plus-dens, and two-bedroom units.
The Tower Collection (floors 11–41) offers upgraded residences ranging from studios to four-bedroom units with larger interiors and broader downtown views.
All units will feature 10-foot ceilings, floor-to-ceiling windows, Italian kitchens and baths, and smart home features. Optional furnishing packages are also available.
Amenities Program
Ombelle’s amenities span over 100,000 square feet and include:
A 35,000-square-foot Equinox Fitness Club offering spa services, classes, and wellness programs. Buyers will receive a one-year complimentary membership.
A 10th-floor indoor-outdoor amenity level curated by Arch Amenities Group, featuring a chef’s kitchen, coworking spaces, library, music room, and arts studio.
Two resort-style pools with bar service, indoor and outdoor saunas, yoga and Pilates studios, pickleball courts, golf simulator, pet-friendly zones, and lounges.
Flagler Village Outlook
Flagler Village remains a rising submarket with a steady inflow of multifamily development. Median condo pricing in the area remains under $600K, positioning it well for the Flagler Collection’s affordability play. The neighborhood’s walkability, access to Brightline, and growing hospitality scene make it attractive to both renters and buyers.
Condo Market Shifts
While Fort Lauderdale's condo market has softened slightly in 2025, new construction is still in demand. Buyers are increasingly avoiding older stock due to insurance costs, maintenance backlogs, and aging infrastructure. Ombelle’s modern product offers investors a lower-risk alternative.
Investor Takeaways
For landlords and brokers, Ombelle presents dual opportunity: value-priced units to attract renters or first-time buyers, and high-end layouts that cater to snowbirds or luxury buyers seeking a second home. Delivery is expected in 2028, giving early investors time to ride out current market softness and position themselves for stronger resale or rental demand.
Tailoring Investor Strategies
Ombelle’s tiered condo model allows investors to tailor strategies to different buyer segments within the same project. With prime location, luxury branding, and robust amenities, Dependable Equities is betting big on Flagler Village—and offering the kind of flexibility landlords and brokers need in today’s evolving South Florida market.
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