East Fort Lauderdale Waterfront Homes
Real Estate Market Report
The Waterfront Single Family Home market in Fort Lauderdale, Florida is red-hot! Demand from Buyers is high, many properties are selling, inventory is low, properties are selling quickly, prices are increasing, and it’s a Seller’s market.
Waterfront Single Family Homes in East Fort Lauderdale (that are located East of U.S. 1/Federal Hwy.) enjoy highly desirable locations in beautiful, luxury Communities that are within close proximity to Downtown Ft. Lauderdale, the Intracoastal, Ocean access, and the Beach. The majority are in areas without Fixed Bridges and many offer deep Water Dockage for Yachts and other large Vessels. Most are located along Ocean access Canals and some are located along the Intracoastal and the New River.
Single Family Waterfront Homes in Fort Lauderdale include new construction, pre-construction, Contemporary design, original construction, and renovated Homes.
1st Quarter of 2021 Real Estate Market Report
- 120 Single Family Waterfront Homes sold in East Fort Lauderdale, per MLS and Property Tax Records
- 71 of the 120 Sales were Cash purchases, not Financed
- The purchase price range of the properties that sold is $705,000 – $18,000,000
- The average purchase price of the properties that sold is $3,028,362
- The list price to sale price ratio is 93%
- Note: In Fort Lauderdale Communities that are located West of U.S. 1 and West of I-95, the average purchase price of Waterfront Homes that were purchased is $647,470.
The Homes that sold are located in the following Communities: Las Olas Isles, Bay Colony, Bermuda Riviera, Colee Hammock, Coral Ridge, Harbor Beach, Idlewyld, The Landings, Lauderdale Harbors, Rio Vista Isles, Riviera Isles, Sunrise Intracoastal, Sunrise Key, and Victoria Park. Click here to view a directory of East Ft. Lauderdale’s Communities of Single Family Homes and listings of Homes for sale.
Current Inventory of Waterfront Homes for sale: The available Inventory is low, with less than 10% of each Community’s properties listed on the Market for sale.
Starting your search for Waterfront Homes in Ft. Lauderdale? Click here to view Property listings and save your favorites. Interested in viewing Properties? Contact me to schedule an Appointment.
Related News Articles:
- Forbes: South Florida’s Real Estate Market is now officially in super-boom mode
- World Property Journal: High Tax States exodus continues to drive Miami’s Residential market
- Wall Street Journal: Home Buyers are heading to Florida during COVID
- Forbes: Big Tech, low Taxes, plenty of Sunshine
- Sun Sentinel: Record luxury Home sales threaten South Florida supply