{"id":7221,"date":"2026-05-17T15:02:37","date_gmt":"2026-05-17T15:02:37","guid":{"rendered":"https:\/\/siliconvalleymovingpost.com\/?p=7221"},"modified":"2026-05-17T15:02:37","modified_gmt":"2026-05-17T15:02:37","slug":"art-wine-and-ferraris-inside-the-luxury-garage-condos-for-south-floridas-richest-collectors","status":"publish","type":"post","link":"https:\/\/siliconvalleymovingpost.com\/?p=7221","title":{"rendered":"Art, wine and Ferraris: Inside the luxury garage condos for South Florida\u2019s richest collectors"},"content":{"rendered":"

WEST PALM BEACH \u2014 Inside a new Florida facility are any number of luxury collectibles: art, wine, pinball machines, musical instruments and Ferraris, among other sports cars.<\/p>

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They\u2019re part of The Hangar, a private garage condominium catering to South Florida\u2019s richest collectors.<\/p>\n

The site is unassuming, with an exception for the very real but inactive Bell 206 helicopter that decorates the rooftop of a lounge. The 68<\/span> private storage units \u2014 which range from about 1,600 to 4,500 square feet \u2014 look like standard, albeit tall, garages.<\/p>\n

\u201cI call it a new class of real estate asset,\u201d Scott Cunningham, The Hangar\u2019s founder and CEO, said during a tour he provided to the South Florida Sun Sentinel.<\/p>\n

\u201cIt\u2019s not a typical warehouse because you can\u2019t run a business out of here. It\u2019s not typical storage because you\u2019re not putting your Christmas ornaments in here,\u201d he said.<\/p>\n

The Hangar, near West Palm Beach and just footsteps north of the Palm Beach International Airport, is catering to demand for storage space for high-end, luxury belongings \u2014 so much so that it has been growing. A Hangar facility already operates in Riviera Beach and another is breaking ground soon in the Hamptons in New York. Cunningham hopes to further address demand with a Hangar facility in Miami, too.<\/p>\n

In county documents, land-use attorneys wrote that the nearly 12-acre site along Congress Avenue where The Hangar was built \u201cis in need of development to provide a catalyst for redevelopment and revitalization of this stretch of the Congress Avenue corridor.\u201d<\/p>\n

The development \u201cwill make a positive contribution to the character of the locality while also providing a valuable resource to collectors within the county.\u201d<\/p>

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Chip Armstrong, a Realtor with the Keyes Company in Palm Beach Gardens, said The Hangar makes sense being built where it is.<\/p>\n

\u201cThey\u2019re close to the airport. I can get out of my jet. I can Uber over to my Ferrari, right? I can have a car service pick me and my buddies up. And we can ride over to my cars and figure out what we\u2019re going to drive,\u201d he said, giving an example of how someone might benefit from their Hangar unit.<\/p>\n

Cunningham said he hopes that The Hangar, which officially opened last fall, will inspire other \u201creally nice\u201d developments in the area.<\/p>

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Indeed, more businesses have been opening around the airport, which lately has drawn headlines over plans to rename it to \u201cDonald J. Trump International Airport.\u201d<\/p>

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Less than a mile east of The Hangar is a PopStroke mini-golf center that opened little more than a year ago. At the time, county and airport officials embraced it as yet one more way to draw more visitors to the region, and billed it as \u201cthe perfect place for our passengers to hang out before and after a flight.\u201d<\/p>\n

Also near the airport, The Hangar offers its occupants many amenities.<\/p>\n

A unit owner could, theoretically, store Christmas ornaments if they wanted, Cunningham said \u2014 but that wouldn\u2019t make a lot of sense given the price to own one of the garages.<\/p>\n

The price is based on square footage, which has been anywhere between about $700 and $800 per square foot.<\/p>\n

The latest sale was $1.1 million for 1,300 square feet, with the largest sale being multiple units for $7 million, Cunningham said.<\/p>\n

Cunningham\u2019s garage, which serves as the \u201cmodel home,\u201d feels more like an upscale apartment than a storage spot.<\/p>\n

The bottom floor holds two Ferraris, three Porsches, a race car, vintage motorcycles and guitars, along with a full bathroom and a dining area. On the loft above, Cunningham\u2019s garage has a 150-inch flatscreen TV and surround-sound system that he said his grandkids have used for movie nights.<\/p>\n

\u201cNobody complains about the noise because there\u2019s nobody around. Nobody\u2019s living here,\u201d he said.<\/p>\n

To demonstrate the viewing experience, Cunningham played the first few minutes of the movie \u201cF1,\u201d a racing movie starring Brad Pitt.<\/p>\n