Real Estate Market Report:
Rio Vista and Rio Vista Isles Community in Ft. Lauderdale
Located in the Southeast area of Ft. Lauderdale, East of U.S. 1., Rio Vista is one of Ft. Lauderdale’s most desirable Communities. Rio Vista enjoys a premier location that’s close to Las Olas Blvd., a variety of Restaurants, Shops, and great Schools. For Boaters, one of the most important features of Rio Vista Isles is its Waterfront properties that are located on wide and deep Canals (the vast majority of which are in areas without Fixed Bridges), the Intracoastal, and New River–all within very close proximity to the Ocean Inlet. Yachts and a wide variety of other Vessels are docked at Rio Vista’s properties.
Homes in Rio Vista and Rio Vista Isles include recently constructed Homes, new construction, Homes of original construction, and Homes that have been extensively renovated. For those who are interested in Land to build a new Home, a few Teardowns are available as well as a few vacant Lots where Homes were demolished.
Property purchase prices in Rio Vista and Rio Vista Isles
During 2016, 19 Properties have sold in Rio Vista and Rio Vista Isles during the Months of January – July.
Waterfront Properties: 6 Properties Sold. Their purchase prices ranged from $1,675,000 – $4,374,000, with an average purchase price of $2,885,833.
Non-Waterfront Properties: 13 Properties Sold. Their purchase prices ranged from $445,000 – $2,445,000, with an average purchase price of $1,090,827.
Rio Vista Homes for Sale
Currently, 37 Properties are on the Market for Sale in Rio Vista and Rio Vista Isles.
Waterfront Properties: 13 Properties for sale. Their list prices range from $1,179,000 – $10,250,000, with a Median list price of $2,900,000.
Non-Waterfront Properties: 23 Properties for sale. Their list prices range from $475,000 – $2,895,000, with an average list price of $1,235,039.
Several of the lowest priced Homes are Teardowns, however, a few Homes that are within the below average price range are move-in ready.
Interested in viewing properties? Contact me to schedule an Appointment.
Realtor Vickie Arcuri represents Buyers and Sellers of South Florida Luxury Properties