Fort Lauderdale New Construction - A Guide to Buying and Investing in Condominiums, Townhouses, and Single Family Homes in the Greater Ft. Lauderdale The Gold Coast of Southeast Florida over the last few years has seen the development of new condominiums that rival any city in America. Fort Lauderdale alone has over a dozen new high rise buildings under construction, offering units from 800 to over 10,000 square feet, at prices from $250 to over $450 per foot. Whether your preference is for oceanfront or Intracoastal views or downtown urban living along New River or a downtown loft, there has never been more attractive options. One new downtown 31-story building, The Watergarden, held a lottery because the demand for units was much higher than the number of units available. This building is completed and there are many units availablle for sale and lease. Preview buildings such as Las Olas Grand, Venezia, River House, Esplanade, Symphony House, Jackson Tower, L’Hermitage, LaRive, Harbourage, L’Ambience, Watergarden and many others on this website. Contact Rob for details on any new condominium offering.Pre-construction Opportunies There are many opportunities to buy condominiums and townhouses at pre-construction prices, locking in the purchase price at today's dollar for a property that will be completed at a future date. This can be a terrific way to make a real estate investment without the associated expenses and hassle of ownership. Developers typically require 20% down. Contact Rob for details on developents currently under constructio or accepting reservation deposits. Rob knows of many future developments not yet announced to the public.
Waterfront Homes Fort Lauderdale, "The Venice of America" offers more canal and waterfront homes than any city on the east coast. Over the last decade, many of the smaller waterfront homes in the older neighborhoods such as Rio Vista, Harbor Beach, and Las Olas Isles have been torn down and replaced with larger, more luxurious homes valued from just over 1 million, to over ten millions dollars. Older houses (mostly 1950's and '60's) can still be found, especially in neighborhoods north of downtown such as Coral Ridge and the Landings, starting around $600,000. The least expensive deep water homes with no fixed bridges to the ocean can be found in the Citrus Isles, and off the New River west of the city, for as little as $275,000. If you have a boat under 25 ft. or so without a T-top,(that can get under fixed bridges) there are in-town neighborhoods such as eastern Wilton Manors, Bal Harbor, Pompano Beach and Coral Ridge Isles where you can be on water at prices from about $350,000.
New Homes In Old Neighborhoods Most of the in-town, close-to-the-beach neighborhoods now have larger newly built homes available. This is a fairly recent trend, and it means that a buyer can have all the advantages of urban living, with all the amenities of a new suburban-style house. Expect to pay between $400,000 and $600,000 and up, with many choices of two story homes over 3,000 square feet available. Rob not only knows the older neighborhoods, he also knows the builders of most of the newer houses. Contact him for further details.
New Townhouses in Eastern Neighborhoods A trend began more than ten years ago to build small townhouse developments in old, in-town neighborhoods. The first of these were in Victoria Park. Over the years the level of sophistication of these townhouse developments have improved greatly. Today you will find townhouses from around 1100 sq. ft. to over 3500 sq. ft. with all of the amenities of single family living, with prices beginning under 350,000 and exceeding one million dollars for the largest units with deepwater dockage. This is a great alternative to an in-town single family house for people interested in new constuction and the ease of care of a townhouse.
New Homes in Western Suburbs The development in Broward County began along the New River at the turn of the century at what is now downtown Fort Lauderdale, within a mile of the beach. Over the decades development has marched west, culminating in the cities such as Weston and Pembroke Pines, at the edge of the Everglades. There are wonderful cities in between Fort Lauderdale and west Broward, where housing values are better than anywhere else in the County. If the newest suburban planning, gated communities with golf, swimming and recreation facilities and new schools sound appealing, the options for you are many. Prices of new construction start over $150,000, with many options around $200,000, and even more the higher in price you can afford.
