How much are Intracoastal Homes selling for?
Intracoastal Homes in Ft. Lauderdale and surrounding Cities in South Florida remain in high demand as prime Real Estate. They are prized for the beautiful, open Water views that they provide and a number of them offer Mega Yacht Dockage as well (typically Intracoastal Point Lot properties are the ones that offer Mega Yacht Dockage). The majority of Waterfront Ocean access properties are properties that are located on Ocean access Canals, so Intracoastal properties are not the majority of the Inventory or sales.
During the months of January – August of 2011, 35 Intracoastal properties were purchased in Broward County and their purchase price range was $553,000 – $5,650,000 (see price band details below).
|
Purchase Price Range |
Number of Properties Purchased |
| $553,000 – $575,000 | 2 |
| $720,500 – $775,000 | 2 |
| $800,000 – $899,900 | 6 |
| $900,000 – $955,000 | 3 |
| $1,025,000 – $1,260,000 | 5 |
| $1,500,000 – $1,906,250 | 7 |
| $2,000,000 – $2,700,000 | 7 |
| $3,000,000 | 1 |
| $4,400,000 | 1 |
| $5,650,000 | 1 |
Information about the Property that was purchased for $5,650,000
- Located at 3050 NE 44th St. in Lighthouse Point in the Community of Venetian Isles
- Purchased for $5,650,000 on August 24, 2011
- 7 Bedrooms and 8.5 Baths
- 10,242 Square Feet of Living Area and 13,458 total Square Feet
- Built in 2005
- 300′ of Waterfront located on a Point Lot where the Grand Canal meets the Intracoastal Waterway
- Pool
- 9-Car Garage
Cities where the properties were purchased
|
Cities |
Number of Properties Purchased |
| Ft. Lauderdale | 11 |
| Pompano Beach | 9 |
| Deerfield Beach | 2 |
| Hollywood | 3 |
| Lauderdale by the Sea | 3 |
| Lighthouse Point | 6 |
| Sea Ranch Lakes | 1 |
Communities where the properties were purchased
Bel-Air Isle, Bermuda Riviera, Cap’s Island, Coral Ridge Country Club, Cypress Point, Harbor Islands, Hillsboro Harbor, Hillsboro Shores, Idlewyld, Palm Ridge, Poinsettia Gardens, Pompano Beach Estates, Pompano Beach Park, Santa Barbara Shores, Sea Ranch Lakes, Seven Isles, Silver Shores, Sunrise Intracoastal, Terra Mar Island, The Cove, The Landings, and Venetian Isles.
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