Waterfront and Luxury Real Estate and Lifestyle Blog
Ocean Palms Condo is continuing to perform well with purchases and 10 Units were sold between the dates of October 6, 2010 – November 24, 2010. Of the 10 Units sold, all are indicated to have been Cash purchases except for one. Cash purchases continue to dominate our local Real Estate Market, particularly for Condo purchases, where… Read More
Last month, Trump Hollywood Condo’s Loan was purchased by Ft. Lauderdale-based BH III, a private Equity Group. BH III acquired ownership from the Related Group and received a 30% discount on the Loan in a Deed in Lieu of Foreclosure transaction. Since that time, prices have been discounted up to 50% on a number of the Units. Location… Read More
November, 2010 Luxury Condo Purchases in Broward County During the month of November, 36 Luxury Condos were purchased in a price range of $500,000 – $1,550,000. 26 of the 36 sales are indicated to have been Cash purchases. Note for comparison purposes: in the purchase price range under $500,000, there were 1,165 Condos purchased in… Read More
Luxury Homes Purchased in Broward County in November of 2010 During the month of November 2010, 74 Homes were purchased in Broward County in a purchase price range of $510,000 – $4,150,000 and information in the Table below details their locations and purchase prices. 28 of the purchases are listed as being Cash purchases. Of the 74 Homes purchased,… Read More
Market Activity in Coconut Grove Oceanfront Condo Another Developer Owned Unit was just purchased in Coconut Grove Residences Oceanfront Condo in Ft. Lauderdale. Unit #903 (pictured above) was purchased on December 10, 2010 for $1,250,000, a Unit with fabulous views, which I had the pleasure of viewing prior to its purchase It has 3 Bedrooms, 3.5 Baths, and… Read More
Today, December 14th, 2010, I sold a Single Family Home (pictured above) located at 832 Hollywood Blvd. in Hollywood Lakes and represented the Buyers who purchased the property. The purchase price was $680,000 and the property was not sold as a Short Sale or Foreclosure. Additional details about the Property are included below: 4 Bedrooms,… Read More
Market Activity in Aquazul Condo in Lauderdale by the Sea Another Residence was just purchased in Aquazul Condo in Lauderdale by the Sea. This brings Aquazul’s sales in 2010 to 6 Units so far. Unit #704 (pictured above) was purchased on December 7, 2010 for $830,000 It has 3 Bedrooms, 4.5 Baths, 3,462 total Square Feet, and 3,029… Read More
Condos Sold in Las Olas Beach Club Within the last 6 months (May – November of 2010), 8 Las Olas Beach Club Condos have been purchased and their purchase price range was $610,000 – $1,020,000. Of the Condos sold, 1 was a Bank Owned Foreclosure (purchased for $1,000,000) and 2 were Short Sales (purchased… Read More
Ft. Lauderdale Condo Hotels Purchased in 2010 Included in the Table below is information about sales of Condotels in Ft. Lauderdale, purchased from January – October of 2010. Sales activity and market conditions vary in each Building, of course, and the purchase price range of the Units sold was $76,500 – $2,522,000. The 6 Buildings have different features regarding Amenities, length of… Read More
Certain property features are rare and Homes with Tennis Courts are included in that category. I reviewed listings of Single Family Homes in Broward County and found 30 properties currently listed for Sale that have private Tennis Courts, several of which are listed as being Regulation Tennis Courts. Their list price range is $395,000 – $9,295,000, with… Read More
Within the 2nd Quarter of 2010 (July 1, 2010 – September 30, 2010), there were 38 Waterfront Homes in Pompano Beach that were purchased, per the MLS and Tax Records. Their purchase price range was $200,000 – $1,180,000. Sales in the 2nd Quarter are up slightly over the 1st Quarter of the year when 26 Waterfront… Read More
Below are pictures I shot of a Yacht that’s docked on the Intracoastal on the Hillsboro Mile in Hillsboro Beach, FL. The Intracoastal Dockage on Hillsboro Mile that’s across from the Oceanfront Homes is part of the Oceanfront property parcel. I have mentioned before that, of the 3 Oceanfront Communities of Single Family Homes in… Read More
It’s hard to believe, but it’s already that time of year again! The Winterfest Boat Parade will be held Saturday, December 11, 2010. The official start time of the Parade is 6:30 p.m. and various locations throughout Ft. Lauderdale are great for watching the Show. If you’re planning to watch from the Grandstand at Birch… Read More
Sales are continuing to increase in the Luxury segment of the Condo market and 2010 has experienced a 25% increase over 2009 in the number of Luxury Condo sales. October, 2010 Luxury Condo Purchases in Broward County During the month of October, 31 Luxury Condos were purchased in a price range of $507,000 – $1,586,000. Of… Read More
