Waterfront and Luxury Real Estate and Lifestyle Blog
I’m contacted daily by many people who live here in the U.S. and in many other Countries, who are interested in purchasing Oceanfront or Waterfront Condos in Ft. Lauderdale and other areas of South Florida. Some of them are up-to-date on current market prices and have a realistic idea of how much they can expect to… Read More
Buyers who contact me about their interest in Ft. Lauderdale area Condos often inquire about the high inventory of new Condos in South Florida that they heard about. Well, Inventory varies drastically in different Cities and, in the words of D.J. Sander Kleinenberg, “This is not Miami.” Ft. Lauderdale has only 3 Condos with new Inventory… Read More
Las Olas River House Market Report* Within the last 6 months, 12 Las Olas River House Condos have been purchased. Their purchase price range was $330,000 for a 2-Bedroom Unit with 1,160 square feet – $3,000,000 for a 4-Bedroom Penthouse with 8,238 square feet. Of the Condos purchased, none were Short Sales or Bank owned… Read More
Jackson Tower Las Olas Condo Market Report Jackson Tower Condos sold through 11/30/09 Through November 30, 2009, 13 Jackson Tower Condos were purchased in 2009. Their purchase price range (NOT List Price) was $472,500 – $1,217,500. Of the 13 Condos purchased, none were Short Sales and 3 were Bank Owned Foreclosures. There are 125 total… Read More
South Florida Oceanfront Condo Steals in Ft. Lauderdale and Pompano Beach There are 4 Condos that represent my picks for the top Oceanfront Condo STEALS in the Ft. Lauderdale area: Sapphire Condo in Ft. Lauderdale just reduced their prices last month by 50%. Current prices begin in the $300,000′s. Maintenance Fee Price per square foot = .64 cents. Waterfront type: Across from… Read More
L’Hermitage Condo Market Report (L’Hermitage Condos Sold in 2009 through November 30, 2009) Through the end of November, 2009, 27 Condos in L’Hermitage have been purchased so far in 2009. Details of the sales are as follows: Tower 1 (3100 N. Ocean Blvd.) 13 Sales with a purchase price range (NOT List price)… Read More
Nu River Landing Condo Market Update MLS Records indicate that, through November 30, 2009, there were 24 Nu River Landing Condos sold in 2009 through Brokers. Their purchase price range was $120,000 for a Studio Unit – $390,000 for a 3-Bedroom Unit. Of the 24 Units sold: 11 were Bank Owned Foreclosures ($144,900 for a 1… Read More
Currently, there are 26 active listings of Condos for Sale in The Palms. Their price range is $599,900 – $3,295,000. Of the listings, 26 are Condos for sale and 1 is a Palms Townhouse for Sale. The $599,900 Condo is a 2 Bedroom, 2 Bath Unit on the 8th Floor and the $3,295,000 Condo is… Read More
Fannie Mae Approved Condos in Ft. Lauderdale and South Florida The Federal National Mortgage Association (FNMA) is known as Fannie Mae and is an enterprise that purchases and secures Mortgages. If you’re searching for Condos and Townhouses, you might have noticed comments in some Listings indicating that the Community where the Listing is located IS or ISN’T… Read More
As of November 27, 2009, 227 Luxury Condos and Townhouses have sold in Broward County in 2009 (Properties that were listed for sale and sold by Brokers through the Multiple Listing Service/MLS). Such sales comprise the majority of Sales, however, there have been a number of Luxury Condo sales that were conducted directly through Developers and I will… Read More
