Fort Lauderdale Real Estate Blog

South Florida May Soon Follow As Equilibrium Nears Fort Lauderdale FloridaThe notion of selling a South Florida home in today’s market is daunting for some, if not disappointing for many. A second-quarter report for the Orlando, FL-based Florida Association of Realtors (FAR), however, shows progress being made in several cities throughout the Sunshine State, leaving many wondering when South Florida will follow suit. In Jacksonville, the median prices of existing homes sold between April and June rose from $185,300 to $191,700, a 3.5 percent increase as compared to the first three months of the year, according to the report. FAR president Chuck Bonillo calls the new findings positive, noting he expects Jacksonville to lead the Florida market out of its slump. “Realtors…
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WaterGarden condo | fort lauderdale condos for sale

 

WaterGarden pool | fort lauderdale real estate

 

WatgerGarden view | fort lauderdale condos

 

WaterGarden riverside | fort lauderdale real estate

 

Clients of mine just bought this Riverside floor plan WaterGarden Condo in downtown Fort Lauderdale on the 30th floor. This unit boasts spectacular views of downtown Ft Lauderdale, the Nu River, Intracoastal Waterway and the Atlantic Ocean. This condo features 2 bedrooms, 2 baths + Den, approx 1600 square ft of living area, a large open balcony with forever views. WaterGarden Condo offers residents luxurious amenities and is located just 2 blocks from shopping and dining on Las Olas Blvd. Sales Price was $700,000 and closing date was May 28, 2008.

If you are looking to buy, rent or sell a condo at WaterGarden, please contact me today.

 

 

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Even Black Clouds Have Silver Linings Click through BusinessWeek.com’s slide show, ranking the best- and worst-performing real estate markets by ZIP code and you’ll find a rude reminder of just how low some markets can go in one year alone. The July 31 report, “Real Estate Boom and Bust in the Same Metro Areas,” examined 20 major metropolitan areas to find out just how well they faired in light of today’s turbulent economy. What it found wasn’t all bad news. In fact, many of the studied markets appeared relatively strong. What’s most interesting is that many of the highest-performing ZIP codes are close neighbors to some of the report’s lowest-performing ZIP codes. In South Florida, for instance, housing prices have taken a …
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Don’t Base Your Investments on National Indicators Fort Lauderdale Condos While it may appear like you’re seeing the same home prices and sales in your local market that are being reported in neighboring counties and states, it’s important not to lose sight of the details specific to your market. Markets can vary widely from city to city, neighborhood to neighborhood or, as in the case of Fort Lauderdale condos such as Las Olas River House, Las Olas Grand,WaterGarden, Symphony, Las Olas Beach Club or L'Hermitage; building to building. Keeping market-specific details, such as price trends, volume and inventory, in mind when buying or selling residential real estate in Fort Lauderdale and elsewhere, is the key to evaluating real estate deals. Unfortunately, the…
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Friday Night Lights at Cardinal Gibbons | Coral Ridge - Fort Lauderdale Cardinal Gibbons Football Field Residents in the upscale community of Coral Ridge Country Club Estates neighboring Cardinal Gibbons High School are planning a meeting with city officials to determine what is to be done with the high school's football field lighting. Cardinal Gibbons school officials reportedly spent nearly $250, 000 on new field lighting after receiving permission from the city of Fort Lauderdale to install the light towers. Through what seems as an oversight, permission was given to install 4 light towers exceeding the 35 feet height limit per city code. Neighbors affected by the bright lights complained and city officials realizing the error, contacted the school with 3 options, one being to…
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On August 11, the Broward Legislative Delegation will meet to hear public concerns and opposition against the proposed undersea natural gas port off the coastline of Fort Lauderdale. Residents along Fort Lauderdale beach area especially owners of Fort Lauderdale Condos at Galt Ocean Mile and Lauderdale by the Sea plan to make their objections heard at this meeting and vow to flood the office of Governor Charlie Crist with phone calls and faxes since it appears the final decision will fall to the Governor.

The undersea port project, "Calyso" proposed by Suez, a subsidiary of a French energy giant will consist of two natural gas terminals that will be constructed approximately 8 to 10 miles off the Fort Lauderdale coast. Tankers with liquefied natural

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On July 26th, in a rare weekend session, the Senate approve a bill that has many trumpeting as the most consequential housing legislation in decades. With bi-partisan support, 72-13, the bill is aimed at assisting homeowners struggling to make their ballooning mortgage payments refinance into more affordable loans, avoid foreclosure and ultimately keep their homes. Some estimates indicate that there are approximately 2 million people going through some stage of the foreclosure process. This bill now provides them the opportunity to restructure their loan payments, avoid foreclosure and stay in their homes. After originally calling the bill an expensive bail-out for irresponsible borrowers and lenders, President Bush has indicated that he will sign the…
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A Question of Outside Condo Property Taken to Court

Las Olas River House BalconyThe hurricanes of 2004 and 2005 were difficult on the state of Florida, but since then there has been an issue between Florida condo boards, unit owners, insurance companies, and the state that has made the hurricanes even more difficult to deal with. What's the deal? The outside property belonging to any one condo unit in South Florida.

If a hurricane destroys things such as a condo's hot tub, grill, lounge chairs, and Jacuzzis, who has to pay to repair or replace them? This has been an issue of debate since the hurricanes came to the state and ravaged many of these items. The issue was first raised when two years ago the Department of Business & Professional Regulation decided that condominium

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Las Olas River HouseLas Olas River House condo 2306, a luxury Florida condo in downtown Fort Lauderdale is now available as a furnished rental. This absolutely stunning high floor Lexington east/west floor plan features 2 bedrooms and 2.5 baths, professionally designed by Perla Lici, offers approximately 2,000 square feet of living area and is indeed the ultimate vacation condo or local residence. Featuring a European kitchen with Snadairo cabinets, stainless appliances and granite counters. Split bedroom plan, 2 balconies boasting impressive panoramic views of downtown Ft Lauderdale, the Atlantic Ocean, Nu River and Intracoastal Waterway. Las Olas River House is one of the premier Las Olas condos that offers residents exceptional amenities including a state-of-the-art…
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St Regis Fort Lauderdale Condo-HotelThe St Regis Hotel & Resort on Fort Lauderdale Beach will no longer be managed by Starwood Hotels which owns the St Regis brand name. As of August 11, the 220-unit resort owned by Castillo Grand LLC will no longer be affiliated with the St Regis name. According to a spokesperson, the contract cancellation decision by Starwood Hotels came after several undisclosed disputes. Fort Lauderdale Beach View The St Regis Fort Lauderdale Condo-Hotel opened on Fort Lauderdale Blvd (A1A) across from the Atlantic Ocean in May 2007, promoted as a prestigious landmark, offers lavish hotel suites as well as luxurious condos for sale ranging in price from just under $2 million and up Update: Ritz-Carlton will take over operations beginning August 11th marking the St Regis it's fourth South…
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