Harbor Islands Market Update
Within the first 3 Quarters of 2011 (January – September), 13 Single Family Properties have been purchased in the Community of Harbor Islands. Of the 13 properties, 10 are Waterfront and 3 are non-Waterfront. Of the Waterfront properties, several are Intracoastal front and several are located on Ocean Access Canals.
6 of the Homes were built between 2003 – 2005 and 7 were built between 1997 – 1999. Because East and Waterfront areas were established before West areas and because there’s scarcity of available Land for new Construction in East areas, Waterfront Communities have a majority of older Homes, many of which were built during the 1950’s and 1960’s. That being the case, Harbor Islands is great to consider for Buyers who are interested in newer Construction without the necessity of tearing down and replacing an older Home or completing a total renovation job.
Harbor Islands holds the distinction of being 1 of only 4 Guard Gated Waterfront Communities in Broward County. Harbor Islands offers full Amenities (Clubhouse, Tennis Courts, Fitness Center, Parks, and a Marina). The other 3 Communities are in Ft. Lauderdale and Sea Ranch Lakes, Harborage Isle , Bay Colony, and Sea Ranch Lakes. To the surprise of many, the majority of our Waterfront Communities and Communities located near the Beach are not Gated (the majority of Gated Communities are located West, in locations that are distant from the Beach) . Harbor Islands has a great location that’s very close to the Beach, Shops, and Restaurants.
The properties that sold are as follows:
|
Property Address |
Purchase Date |
Purchase Price |
| 1110 Hatteras Ln. | August 1, 2011 | $2,535,000 |
| 1315 Hatteras Ct. | April 5, 2011 | $1,906,250 |
| 1305 Hatteras Ct. | September 20, 2011 | $1,860,000 |
| 1485 Windjammer Way | March 8, 2011 | $1,770,000 |
| 1426 Commodore Way | March 30, 2011 | $1,700,000 |
| 1008 Sanibel Dr. | January 27, 2011 | $1,395,000 |
| 883 Captiva Dr. | March 31, 2011 | $1,280,000 |
| 1510 Shoreline Way | May 31, 2011 | $1,250,000 |
| 979 Captiva Dr. | June 30, 2011 | $1,150,000 |
| 992 Sanibel Dr. | June 17, 2011 | $1,085,000 |
| 1436 Breakwater | June 24, 2011 | $695,000 |
| 1551 Breakwater | March 25, 2011 | $657,000 |
| 878 Spinnaker | March 8, 2011 | $550,000 |
Details about the property that was purchased for $2,535,000 (pictured below):
- Intracoastal front on a Point Lot with 137′ of Waterfront
- 6 Bedrooms and 7.5 Baths
- 6,711 Square Feet of Living Area and 8,486 total Square Feet
- Built in 2005
- 3-Car Garage
- Pool
Harbor Islands Townhomes
In addition to Single Family Homes, Harbor Islands also has a few Townhouses. Currently, 4 are listed for sale and the listings can be viewed here. Their price range is $499,000 – $796,000 and one of the properties is Waterfront. This year, 9 Townhomes in Harbor Islands have been purchased. The purchase price range of the properties sold is $355,000 – $681,100, with an average purchase price of $510,122.
Currently Pending Sales
Currently, 3 Single Family Properties are listed as being under Pending Contract for purchase. Their list prices are $664,000, $2,100,000, and $2,598,000.
Single Family Properties for Sale in Harbor Islands
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