Lighthouse Point Yacht Club: 21 Townhomes Break Ground in 2026
LuxuryDade tracks the Lighthouse Point Yacht Club redevelopment, a $250 million rebuild at 2701 NE 42nd Street in Broward County. Florida YIMBY reported it broke ground on October 15, 2026: 21 three-story townhomes across six buildings, 3,600 to 4,700 square feet, priced $4 million to $5.1 million, plus a 45,850 square foot clubhouse due in 2028. My read: you are buying an operating club here, not a tower.
A $250 million redevelopment by Paterson Project Management, designed by Annie Carruthers of Insite Design Group. Twenty-one luxury townhomes across six buildings plus one future custom residence, around a rebuilt clubhouse with a marina, five clay tennis courts and a Junior Olympic pool.
Twenty-One Townhomes Around a Rebuilt Private Club
"My advice on a club redevelopment like this one is to price the membership before you price the house. A $4 million townhome inside a working marina club is a different asset from a $4 million condo in a tower, because a big part of what you are buying is the club operating well in 2029, not just the finishes in 2028. The club has already signalled initiation fees of $35,000 to $50,000 in the final stretch before completion. Ask for that number, the dues schedule and the slip rules in writing, and only then compare the price per square foot against a coastal Broward tower."Gerardo Gonzalez, Licensed Real Estate Agent at Compass
The Lighthouse Point Yacht Club redevelopment is a $250 million rebuild of the private club campus at 2701 NE 42nd Street in Lighthouse Point, in north Broward County. Florida YIMBY reported on October 15, 2026 that the project broke ground that day. Terry Paterson of Paterson Project Management is the developer, and Annie Carruthers of Insite Design Group is the architect.
The residential component is 21 luxury townhomes spread across six buildings, plus one future custom single-family residence. Each townhome is three stories, with three or four bedrooms and 4.5 bathrooms, holding 3,600 to 4,700 square feet of air-conditioned space, per the club's own development page. Florida YIMBY reported pricing from $4 million to $5.1 million. Across those published price and size ranges the figure lands somewhere between roughly $850 and $1,420 per square foot, which is a wide band because no per-layout price list has been published.
The clubhouse is the larger half of the spend. It is 45,850 gross square feet, holding 35,500 square feet of air-conditioned interior space and a 19,475 square foot accessible rooftop area. Florida YIMBY reported completion in 2028 for the clubhouse, with the remaining residences following it, and the club's development page describes the build as approximately 28 months from start. That sequencing matters to a buyer: the amenity you are paying for finishes first, and the homes land behind it.
What already exists on the site is the reason this project is not a blank slate. The club runs a marina, five Har-Tru clay tennis courts, a Junior Olympic-size pool, a fitness center and dining, and it continues to operate as a member club through the rebuild. The club reported that foreign investment partners' interests were acquired in early 2026 and that club member investment was received, which is how a member-owned club funds a rebuild of this size. No commercial lender has been named publicly.
The gaps are worth naming plainly. No general contractor and no interior designer have been announced. There is no published floor plan set, no per-layout price list, no breakdown of how many homes are three-bedroom versus four-bedroom, and no individual townhome delivery date. One cost that is signalled rather than confirmed is membership: the club's own page anticipates new-member initiation fees between $35,000 and $50,000 in the final six months before completion. This page carries what has been published and nothing more, and it is updated the day any of those gaps close.
This is a north Broward club redevelopment, not a luxury Miami pre-construction tower, so it is tracked here in South Florida Projects rather than among the buildings I represent buyers on. When a Broward boating buyer asks me whether anything new is coming that is not a tower and not a resale house, this is now the honest answer in that price band. For a straight comparison against the coastal Broward and Miami-Dade towers that are actually selling today, call me at 305-964-8614 or use the contact page.
Lighthouse Point Yacht Club: The Published Renderings
Rendering courtesy of Lighthouse Point Yacht Club, from its own development page. Renderings are a design intent, not a guarantee of the finished build.
What the Redevelopment Includes
Every figure below comes from Florida YIMBY or the club's own development page. Where nothing has been published, the line says so rather than guessing.
- Total Homes21
- Layout3 or 4 bedroom, 4.5 bathroom
- Size3,600 to 4,700 sq ft
- Stories Each3
- Air-Conditioned Interior35,500 sq ft
- Accessible Rooftop19,475 sq ft
- Completion2028
- Build DurationAbout 28 months from start
- GroundbreakingOctober 15, 2026
- DeveloperPaterson Project Management
- ArchitectInsite Design Group
- Buildings6, plus 1 future custom residence
Last verified October 2026. The $250 million investment, the 21 townhomes across six buildings, the future custom residence, the three-story height, the bedroom and bathroom count, the 3,600 to 4,700 square foot range, the $4 million to $5.1 million price range, the 2028 clubhouse completion, the developer, the architect and the October 15, 2026 groundbreaking are from Florida YIMBY (October 15, 2026) and the Lighthouse Point Yacht Club development page, which is also the source of the 45,850 and 35,500 square foot clubhouse figures, the 19,475 square foot rooftop, the roughly 28-month build duration and the anticipated $35,000 to $50,000 new-member initiation fee. The price per square foot band is arithmetic across those published price and size ranges, not a published figure. No general contractor, interior designer, floor plan set, per-layout price list or individual townhome delivery date has been published. Confirm any figure directly before you rely on it.
2701 NE 42nd Street: North Broward, On the Water
The club sits on the canal system of Lighthouse Point, a small north Broward boating city between Pompano Beach and Deerfield Beach, with Intracoastal and inlet access. Drive times below are approximate.
| Hillsboro Inlet | 6 min |
| Deerfield Beach | 10 min |
| Pompano Beach Pier | 12 min |
| Boca Raton | 18 min |
| Downtown Fort Lauderdale | 28 min |
| Fort Lauderdale-Hollywood International Airport | 32 min |
| Palm Beach International Airport | 45 min |
| Brickell, Miami | 55 min |
Drive times are estimates and vary with traffic. For a read on how north Broward compares with coastal Broward and Miami-Dade pre-construction, contact Gerardo Gonzalez.
Paterson Project Management and Insite Design Group
Terry Paterson of Paterson Project Management is credited as the developer of the $250 million redevelopment, per Florida YIMBY. The club reported that foreign investment partners' interests were acquired in early 2026 and that club member investment was received. No commercial lender has been named publicly for the project.
Annie Carruthers of Insite Design Group is credited with the design. The scheme keeps the residential density low, 21 townhomes across six three-story buildings rather than one structure, and puts the mass into the 45,850 square foot clubhouse instead of into the homes.
Unlike a vacant-site project, the Lighthouse Point Yacht Club already runs a marina, five Har-Tru clay tennis courts, a Junior Olympic-size pool, a fitness center and member dining. Its development page anticipates new-member initiation fees between $35,000 and $50,000 in the final six months before completion, which is a buyer cost the purchase price does not show.
October 2026: Broke Ground, Clubhouse First
The redevelopment broke ground on October 15, 2026, Florida YIMBY reported. That is the only dated construction milestone on record. The clubhouse is scheduled for 2028 and the remaining residences follow it, with the club's development page describing roughly a 28-month build. There is no published sales launch date, no per-layout price list and no individual townhome delivery date. The next dated milestones worth watching are a vertical construction or topping-out report, a published price list, and the confirmed membership initiation schedule. This page is updated the day any of those happens.
Lighthouse Point Yacht Club: Frequently Asked Questions
Lighthouse Point just broke ground on 21 townhomes priced from $4 million, with no published price list and no townhome delivery date. I will tell you what is actually buyable in Broward today, how a club redevelopment prices against a coastal tower, and the carrying costs people forget to run before they sign.