Lighthouse Point is one of Northeast Broward County’s most beautiful areas and it’s experiencing consistent sales in the current Market.
4th Quarter of 2011 Real Estate Market Report
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43 Single Family Properties purchased during the 4th Quarter of 2011 |
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Purchase Price Range |
Number of Properties Sold |
| Under $100,000 | 0 |
| $100,000 – $199,999 | 3 |
| $200,000 – $299,999 | 10 |
| $300,000 – $399,999 | 5 |
| $400,000 – $499,999 | 4 |
| $500,000 – $699,999 | 13 |
| $700,000 – $999,999 | 2 |
| $1,000,000 and above | 6 |
| Average purchase price = $544,492 | |
| Short Sales Purchased | 12 |
| Short Sale listings for Sale | 15 |
| Bank Owned Foreclosures Purchased | 5 |
| Bank Owned Foreclosures for Sale | 1 |
| Single Family Homes for Sale = 116 (88 of the 116 are Waterfront properties) | |
| Single Family Homes that are under Contract for purchase = 33 | |
Details about the highest sale during the 4th Quarter of 2011 (pictured below):
- Purchased for $1,700,000 on November 8, 2011
- Located at 2649 NE 26th Avenue, only 1/2 mile from the Hillsboro Inlet
- Located on an Ocean Access Canal with 98′ of Waterfront with beautiful views of the Intracoastal, which is at the end of the Street
- 6 Bedrooms and 6.5 Baths
- 5,572 Square Feet of Living Area and 6,978 total Square Feet
- Built in 2002
- 2-Car Garage
- Swimming Pool
Waterfront Properties Purchased
19 of the 43 Properties that were purchased are Waterfront Properties and they were purchased in a purchase price range of $519,600 – $1,700,000, with an average purchase price of $830,111. The Waterfront locations of the properties are Intracoastal and Ocean Access Canals.
Lighthouse Point offers a diverse selection of Waterfront Homes and they are a great choice to consider for those interested in South Florida Waterfront properties. Additionally, their prices are lower than prices of Ft. Lauderdale Waterfront Properties, so they’re a great alternative for interested Buyers who are flexible regarding location.
The Properties are located in the Subdivisions of Coral Key Villas, Hillsboro Isles, Lighthouse Point, and Venetian Isles.
Non-Waterfront Properties Purchased
24 non-Waterfront Properties were purchased in a purchase price range of $154,350 – $538,000, with an average purchase price of $318,377. They are located in the Communities of Venetian Isles, Pompano Waterway Estates, Lighthouse Point, Lighthouse Point Estates, Lake Placid, Hillsboro Harbor, Hillsboro Estates, and Coral Key Villas.
Lighthouse Point Properties
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