Lauderdale by the Sea Real Estate
After 8 months waiting for lender approval on a short sale, clients of mine just closed on this outstanding waterfront Marina Village Townhome in Lauderdale By the Sea, Florida.
Built in 2007, Marina Village Townhomes consists of a total of 6 luxury townhomes with only 3 waterfront.
Originally sold for $1.3 million; this corner 3,000 plus square foot tri-level townhome with private elevator, roof top terrace, private balcony off master suite and boat dock just closed at $675,000.
Marina Village Townhomes
View From Roof-top terrace
Lauderdale by the Sea is a quaint beach community nestled between the Atlantic Ocean and the Intracoastal Waterway just north of Fort Lauderdale which attracts year round tourists to beach front shops, restaurants, water sports and a pristine beach.
Call me at 954.850.2397 if I can help you buy or sell a home in Lauderdale By the Sea, Florida.
Tides at Bridgeside Square Condo in Fort Lauderdale
I just listed a 2 bedroom 2 bath corner unit at Tides Bridgeside Square with panoramic intracoastal views and a distant view of the Fort Lauderdale downtown skyline.
This condo features a split bedroom plan with huge closets. An updated kitchen with granite counters and top appliances. 2 assigned garage parking spots and extra storage unit. Offered for sale at $297,000.
Tides at Bridgeside Square
Updated kitchen with granite counters
Intracoastal views with distant downtown Fort Lauderdale skyline
Tides at Bridgside Square offers a resort lifestyle across from the beach, next to boutique shops and fine restaurants.
For more information about this or other Fort Lauderdale condos for sale, contact me at 954.850.2397.
return to Fort Lauderdale Real Estate
I just recently closed on this home for sale in Imperial Point, Fort Lauderdale. This pool home, in original condition with a few updates, was exactly what the new homeowner was looking for. On the market for just under a year, this home had been reduced to $329,000 and finally closed at $300,000.
Imperial Point Home
Kitchen
Dining Room
Screened in Pool
For more information about selling or buying Imperial Point homes for sale, contact me today at 954.850.2397.
Fort Lauderdale Real Estate – home page
I’ve recently listed 5711 NE 21st Drive, Fort Lauderdale, in the northeast community of Imperial Point priced at $374,999.
One of the largest models in the neighborhood, this 3 bedroom plus den, 3 full baths home sits on a huge corner lot with a screened in pool and 2-car carport.
Just a few of the features of this Fort Lauderdale home for sale is a spacious interior just under 1,800 square feet. Terrazzo floors in bedrooms and wood laminate floor in the living room, Dining area and Den.
Hurricane impact Bay window in front and shutters for all remaining doors and windows. A comfortable kitchen overlooks the screened in pool with sliders that open on to the patio area.
To schedule a private showing of this Imperial Point home for sale or any homes for sale in Fort Lauderdale, contact John Sabia today at 954.850.2397.
Buyers can begin their home search by visiting available Fort Lauderdale MLS listings with photos and virtual tours.
Return to Fort Lauderdale Real Estate – home page
The BankUnited Blacklist: What it Means for Buyers, Builders, and Lenders
Much of the talk around the real estate water coolers the last few days has been about the BankUnited Blacklist. Most lenders have short lists of areas or properties that they will not lend to based on the merit of construction loans, the market, and other factors. But, the reason that the BankUnited lists stands out to most in the real estate world is because of its length. The exact number of properties on the list? 191. Two condos on the list are right here in Fort Lauderdale.
Buyers that are considering buying units in Nu River Landing, Q-Club Condo Hotel, or 189 other buildings mostly in Miami, shouldn’t turn to BankUnited for financial help as these are properties that have been black listed. The list was from an internal memo and its length surprised even the most seasoned real estate professionals.
Experts claim that the biggest factor in creating such a list would be declining market value as well as high investor concentration. The lender also had to look at things such as foreclosure rates, delinquent homeowner association dues, and structural based litigation. These are considerations that lenders have to make every time they lend, and with the market like it is right now BankUnited felt that this was the appropriate way to respond.
A spokesperson said of the list and the current market value of condos, “We look at it more from our level of risk, and we are extremely conservative in our lending guidelines. We scaled back on condo lending a few years ago. We don’t have a lot of exposure in the condo market.â€
The fact is that many lenders are hesitant to lend to condo projects and that is because there is some question about the real value of a condo with sales so slow and many buyers backing out of contracts. And when a lender cannot determine the value of a property it is hard to set a loan to value ratio, therefore difficult to lend to anyone including those with good credit, with confidence. While BankUnited is the only lender that is known to have a list this long, it’s a safe bet that some other lenders are considering whether or not they should be lending to condo projects, and if they do, they’ll likely be doing away with presales altogether. Of course, doing away with presales may affect construction loans, so we may very well see a slowing trend not only in the buying of condos but also in the building of them.
Blacklisted Condos
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Nu River Landing
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Ft Lauderdale
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Q-Club Condo Hotel (Resort)
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Ft Lauderdale
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50 Biscayne
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Miami
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600 Biscayne
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Miami
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1650 Biscayne
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Miami
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900 Biscayne Bay
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Miami
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500 Brickell
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Miami
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1390 Brickell Key
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Miami
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1001 Center
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Miami
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1600 Club
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Miami
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Altas de Miami
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Miami
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Asia
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Miami
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Atlantis Condo
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Miami
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Avenue
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Miami
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Axis on Brickell
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Miami
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Bay Lofts
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Miami
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Bayshore Place
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Miami
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Beacon
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Miami
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Belle Plaza Efficiency
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Miami
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Biscayne Tower
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Miami
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Blue
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Miami
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Boulevard Condos
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Miami
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Brickell Bay club
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Miami
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Brickell Bay Tower
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Miami
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Brickell Biscayne
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Miami
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Brickell City Center
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Miami
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Brickell Commons
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Miami
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Brickell East
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Miami
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Brickell Forest
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Miami
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Brickell Harbour
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Miami
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Brickell Key
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Miami
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Brickell Key I
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Miami
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Brickell Mar
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Miami
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Brickell On the River
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Miami
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Brickell Park
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Miami
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Brickell Place
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Miami
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Brickell Station
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Miami
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Brickell Tennis Club
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Miami
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Brickell Townhouse
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Miami
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Brickell View
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Miami
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Brickell Vista
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Miami
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Brickell Tower
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Miami
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Capital at Brickell
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Miami
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Captiva F
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Miami
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Carboneil
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Miami
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Cima Condo
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Miami
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Cite
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Miami
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City 24
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Miami
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Club at Brickell
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Miami
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Commodore Bay
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Miami
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Coral Station in Brickell
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Miami
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Costa Bella
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Miami
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Courts Brickell Key
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Miami
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Courvosier Courts
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Miami
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Cynergi
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Miami
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Downtown Lofts 4
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Miami
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Elliot house
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Miami
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Emerald at Brickell
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Miami
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Empire Towers
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Miami
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Epic-Dupont
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Miami
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Espirito Santo Plaza
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Miami
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Everglades on the Bay
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Miami
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Filling Station Lofts
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Miami
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Flagler First Condo
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Miami
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Fortune House
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Miami
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Four Ambassadors 1
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Miami
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Four Ambassadors 2
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Miami
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Four Ambassadors 3
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Miami
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Four Ambassadors 4
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Miami
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Four Seasons Hotel & Tower
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Miami
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Golden Bay Club
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Miami
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Houses of Brickell
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Miami
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Ice
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Miami
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Ice 2
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Miami
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Icon
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Miami
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Imperial
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Miami
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Infinity at Brickell
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Miami
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IOS on the Bay
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Miami
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Ivy
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Miami
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Jade Residences at Brickell
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Miami
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Kenland Bend South
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Miami
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Lake Beach Condo
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Miami
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Lakewood Village
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Miami
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Latitude on the River
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Miami
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Loft
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Miami
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Loft II
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Miami
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Lofts on Brickell1
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Miami
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Lofts on Brickell 2
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Miami
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Los Suenos de Brickell
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Miami
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Lighte Miami Condos
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Miami
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Lnyx
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Miami
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Marina Blue
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Miami
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Mark
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Miami
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Marquis Miami
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Miami
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Mary Vrickell Village
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Miami
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Mayfield
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Miami
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Meridan at Hughes Center Condo
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Miami
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Met 1
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Miami
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Met 2
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Miami
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Met 3
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Miami
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Metropolitan
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Miami
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Midtown Miami
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Miami
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Mint at Riverfront
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Miami
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Neo River Lofts
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Miami
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Neo Vertica
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Miami
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Oasis on the Bay
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Miami
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One Broadway
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Miami
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One Miami
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Miami
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One Miami West
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Miami
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One Plaza
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Miami
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One Riverview Square
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Miami
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One Tequest Point
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Miami
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Onyz 2
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Miami
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Opera Tower
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Miami
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Overtown Miami
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Miami
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Palace
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Miami
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Paramount on the Bay
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Miami
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Paramount Park
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Miami
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Parc Lofts
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Miami
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Platinum
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Miami
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Plaza on Brickell
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Miami
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Point at Brickell
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Miami
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Point View
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Miami
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Pompeii
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Miami
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Premiere Towers
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Miami
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Provincial Garens
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Miami
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Pyramids of Key Biscayne
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Miami
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Quantum on the Bay
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Miami
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River Breeze
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Miami
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River House Lofts
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Miami
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River Oaks
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Miami
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Riverfront
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Miami
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Riverfront Wind
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Mami
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Sail
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Miami
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Sail Boat Cay
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Miami
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Samari Lake East
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Miami
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Seacoast Towers
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Miami
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Skyline Mary Brickell Village
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Miami
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Skyline on Brickell
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Miami
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SMA
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Miami
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Soleil Miami
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Miami
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Solaris Brickell Bay
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Miami
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South Miami Ave condo
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Miami
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Summit Brickell
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Miami
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Star Lofts
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Miami
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Sunset Harbour
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Miami
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Ten Museum Park
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Miami
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The Carriage House
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Miami
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The Jade Condominium
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Miami
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The Mark on Brickell Bay
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Miami
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The Palace Condominium
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Miami
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The Village of Kings Creek
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|
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Three Tequesta Point
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Miami
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Two Tequesta Point
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Miami
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Uptown Lofts
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Miami
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Vanderbilt Gulfsid
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|
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Villa Brickell
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Miami
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Villa Magna
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Miami
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Villa Regina
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Miami
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Village at Hawk’s Cay
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|
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Vue at Brickell
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Miami
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Wind by Neo
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Miami
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Yorker
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Miami
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Allure
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Las Vegas
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District in Green Valley
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Las Vegas
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Manhattan Condos
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Las Vegas
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Mirage Condominium
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Las Vegas
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Newport Lofts
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Las Vegas
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One Queensridge Place
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Las Vegas
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Panorama Towers
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Las Vegas
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Park Avenue Condo
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Las Vegas
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Regency Towers
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Las Vegas
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Skyline Las Vegas
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Las Vegas
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Soho Lofts
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Las Vegas
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Turberry Place
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Las Vegas
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Tunberry Towers
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Las Vegas
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Carriage Hills
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Hollywood
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Sian Ocean Residence
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Hollywood
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Delray Estate Condominium
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Delray Beach
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The Resort at Singer Island
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Riviera Beach
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Venetian Bay Villages condo
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Kissimmee
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Villagio Condo in Port Orange
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Port Orange
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Fort Lauderdale Real Estate – home page
