Fort Lauderdale's Luxury Waterfront Homes Attract High-End Buyers

Posted by John Sabia on Friday, July 6th, 2012 at 6:49pm.

Fort Lauderdale Waterfront homes

Known as the Venice of America, Fort Lauderdale continues to welcome affluent buyers seeking luxury homes with unique waterfront views in a category all their own. Fort Lauderdale waterfrontAre you in the market to purchase a luxury waterfront property in Fort Lauderdale Beach and Downtown area?  If so, you are not alone.  An ideal place to live, visit or expand a business, Fort Lauderdale is becoming increasingly popular among high-end buyers, particularly out-of-towners seeking a second, third or fourth vacation home. The luxury market in Fort Lauderdale and all of South Florida has made quite a comeback in the last 2 years and experts say it's due to growing buyer confidence, improved financing conditions and more-realistic seller pricing. Prospective buyers interested in purchasing one of Fort Lauderdale's luxury waterfront homes should consider the various options available:
  • Ocean Access/ No Fixed Bridges. These are homes with access to the ocean without any fixed bridges, meaning you can dock your sailboat or yacht in your backyard (depending upon the canal depth and property frontage) without worrying about it fitting under a bridge while en route to the ocean.
  • Ocean Access /Fixed Bridges. With this type of property, you will have access to the ocean, but you will need to consider the clearance heights of nearby fixed bridges during both high and low tides, as well as depth of canals and proximity to the inlet.
  • No Ocean Access.  Some of Fort Lauderdale's waterfront homes provide water access via a canal system or a lake, however, there is no access to the ocean.  These types of luxury waterfront properties are excellent for non-motorized boats.
Here are just a few of Fort Lauderdale's most prominent luxury waterfront communities: Bay Colony Coral Ridge Fort Lauderdale Beach Harbor Beach Lauderdale By the Sea Las Olas Rio Vista Sunrise Key The Landings Be sure to speak with an experienced real estate agent who understands the definite and unique purchase requirements of high-end buyers and is committed to finding a property that best suits your lifestyle and needs.  A knowledgeable Realtor® will also be able to assist you during the appraisal process which can be difficult for luxury homes because there are not always many comparable homes in a particular area with the same type of amenities sold at the same price point. You may also want to browse a recent AOL Real Estate News article title "5 Tips for Buying a Multimillion Dollar Mansion."  It offers wealthy buyers some practical advise about purchasing luxury waterfront homes and other high-end properties. For more information about buying or selling a waterfront home in Fort Lauderdale, contact me today at 954.850.2397. Return to Fort Lauderdale Real Estate
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John Sabia

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