Victoria Park
Real Estate Market Report
Located close to the Beach and the downtown/Las Olas area, the picturesque Community of Victoria Park continues to be one of Southeast Ft. Lauderdale’s most desirable locations. During the months of January – April of 2012, MLS property sales records indicate that 16 Single Family Homes were purchased in the Communities of Victoria Park and Victoria Isles. The purchase price range of the properties was $265,000 – $1,800,000, with an average purchase price of $803,265.
Of the properties that were purchased, 6 are Waterfront properties located on Ocean Access Canals without Fixed Bridges and purchased in a price range of $900,000 – $1,800,000, with an average purchase price of $1,258,333. The other 10 properties that were purchased are non-Waterfront and were purchased in a price range of $265,000 – $959,000, with an average purchase price of $530,800. 4 of the 16 properties were purchased as Short Sales and 1 was purchased as a Bank Owned Foreclosure. Houses that are purchased with the lowest prices are typically Teardowns/in need of complete renovation and purchased primarily for Land value.
Currently, 35 properties are on the Market for sale in Victoria Park and Victoria Isles. Their list price range is $325,000 – $3,175,000, with an average list price of $1,516,143 for Waterfront properties and $673,854 for non-Waterfront properties.
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Map of Victoria Park’s Location