Village of Key Biscayne

Guest Contributor, Susie Abell

Typical residents would include professionals, executives and second home residents. It's generally an area that someone would “choose” to sell but not necessarily “have” to sell. The market activity is a reflection of this type of homeowner.

In three years the average price for sale has fluctuated very little in comparison with activity on the adjacent mainland. While there has been a drop of approximately 19% in the asking price on the island, the mainland area has had dramatic changes up to well over 45% in some market areas. A corresponding low number of sales has occurred which is a natural by-product when sellers do not adjust their prices to the market. Contrary to popular belief, it is always the buyers who set the prices in the real estate market.

In addition, the days on the market has increased dramatically. This often occurs when a seller makes a decision that they will “wait out the market” in the hopes that over time, the market will respond and move in the direction of their price instead of moving their price closer to the buyer demand in the market. In an upscale community where the sale of a home is optional, it is generally just a choice on the part of the seller(s) and the corresponding market response is a much longer sale cycle.

For a patient buyer, the rewards of living on Key Biscayne may well be worth the process of coming to terms with a reluctant seller. The island is home to a very culturally diverse population who love to come home to the relaxed, family atmosphere of this community. All ages mingle to enjoy the ocean, bay, beaches, sports activities as well as the multitude of events that occur throughout the year.

Key Biscayne is unique to South Florida and unique to the eastern seaboard of the U.S. It is a small intimate community right off a major metropolitan city with endless possibilities. The decision to buy and sell rests between the seller and buyer and an excellent real estate agent. The negotiations will be interesting, lengthy but ultimately worthwhile.

prepared for the time frame from 1/06 - 1/09

City of Plantation- Where the Grass is Greener!

Guest Contributor, Heather Grimes, Office Manager, Plantation Lakeside

Visiting for a day or planning to stay for a lifetime, you're sure to find true southern hospitality in Plantation. We're about 20 minutes from the beach and just outside of at least three downtown areas. So take a view at our “happenings” and we hope to see you in town sometime soon!

Plantation Neighborhood Stabilization Program

What? The US Department of HUD has granted monies to the city of Plantation to purchase and redevelop some of the city’s foreclosure and residential properties.

Who will this help? - Communities with properties valued at approximately less than 430K- the cities are targeting properties between 100-200K. - Families who plan to purchase a primary residence in Plantation. - Grantees may receive monies for property preservation, rehabilitation, payment or down payment assistance, and/or counseling. - The city is targeting the Park East and Mirror Lakes Communities.

What are the requirements? Income levels do apply and the home must be your primary residence.

How much money does the City have? $1,310,601.00 for foreclosure acquisition and rehab $504,078.00 for foreclosure rehab and rental $201,630.00 for Program Planning and Admin That’s over 2 Million dollars!

How do I apply or find out more information? You may contact the Coldwell Banker Plantation office at 954-452-1999 for more information.

April Community Calendar March 26th- April 12, 2009- Dade County Fair
April 2nd 7PM -Poetry under the Stars- - Hoffman Library
April 3rd -April Pools Day- - Plantation Aquatics Complex
April 4,5-Plantation Women’s Council Plant Show- Volunteer Park Community Center
April 11- Royal Egg Hunt- Pop Travers Field
April 23- Arts of Plantation- Hoffman Library

Coconut Grove Market Snapshot

By Guest Contributor Judy Campo, Branch Manager, Coconut Grove Office

Coconut Grove, often referred to as “The Grove,” is a beautiful tree-lined, pet-friendly neighborhood and was established in 1825 when the Cape Florida lighthouse went into operation. The Grove is famous for its annual February art festival, side-walk cafes and the boating community overlooking Biscayne Bay featuring a sailing club, a yacht club and Dinner Key Marina.

Walking and biking is a pleasure where you can view the Bay or visit the open air malls of Coco Walk and Streets of Mayfair. Outdoor cafes are popular day and evening with sidewalk restaurants offering a variety of food choices to fit everyone’s budget.

Coldwell Banker’s real estate office is located in the heart of Coco Walk and offers a variety of single family homes with a median price of $500,000 – 1,000,000; townhouses with a median price of $500,000 – $700,000; and condominiums with a median price of $500,000 - $1,000,000.

The following are three exceptional properties in Coconut Grove taking into consideration price, location and value in today’s market:

 

 

 

Home-Buying Plans Aren't Slowing

According to a recent Reuters press release, 52 percent of Americans think they or someone they know may soon face foreclosure. Still, 23 percent of adults plan to buy a home in the next five years. 53.5 percent of those planning to buy are first-time homebuyers.

Read the story and tell us what you think! Are you one of the 23 percent of adults who plan to buy a home within the next five years?

Now is the Best Time to Buy a House in Weston

By Guest Contributors Rose and Dean Sklar, Sales Associates, Coldwell Banker Weston Office

Now you’re ready, where to look…the answer, Weston, Florida, where the slogan is: “It’s all here in your hometown.”

The level of inventory in Weston is down and prices have dropped to offer unprecedented deals. You can get that dream house, in a choice location ranked by Money Magazine (2008) as one of the Top 100 Best Places to Live in America and the best place to live in the state of Florida. According to The National Safety Council, Weston is “one of the 25 most affordable suburbs in the U.S.”

Weston is one of only a select few cities in the U.S. to earn an AAA rating by both Moody’s and S& P for financial stability. Weston has won countless awards. It was recognized by Business Week as having the lowest poverty rate of any city in the U.S. Weston has won the Safe City award by the National Safety Council and received over $6.5 million in state and federal grants.

Besides the obvious amazing weather, nine “A” schools are the standard, landscape design that offers privacy, underground utilities (a plus during the hurricane season when power does not easily get lost,) close proximity to hospitals, airports, big-city entertainment and the quiet joy of Everglades nature.

Job growth over the last seven years is 45.5 percent, which is more than double any other "Best Place to Live.” Weston has the lowest ad valorem tax rate, lowest crime rate of any city in Broward, unlimited sports and recreation are offered for all ages, and anything and everything associated with golf-course community living is available.

With short sales and REOs looming everywhere, and sellers forced to liquidate to make ends meet, why not make an investment in a premier community? Weston is like a fine blue-chip stock: Values may go up and down, but in the long-term, it’s always your best bet.

Click the following photo to preview the following exceptional property in Weston.

Mortgage Fraud: Florida Making Progress!

By Guest Contributor Nancy Hogan, Managing Broker -- Coral Gables San Remo Office. Mrs. Hogan is a member of Mayor Carlos Alvarez’s Mortgage Fraud Task Force and Chairman of the Mortgage Fraud Education Committee.

Reported incidents of mortgage fraud in the U.S. are at an all-time high and increased by 26 percent from 2007 to 2008, according to a new report by the Mortgage Asset Research Institute (MARI®), a LexisNexis® service.

The report found that, for the first time, Rhode Island ranked first in the country for mortgage fraud with more than three times the expected amount of reported mortgage fraud for its origination volume. This is also Rhode Island's first appearance on the MARI report Top-10 list, indicating a problematic and overlooked mortgage fraud problem in the state. Florida, ranked first in 2007 and 2006, dropped to second place and is followed by Illinois, Georgia, Maryland, New York, Michigan, California, Missouri and Colorado. The report was presented during MBA's annual National Fraud Issues Conference in Las Vegas.

"With fewer loan originations today, the data suggests that the economic downturn may have created more desperation, causing more people than ever before to try to commit mortgage fraud," said Denise James, LexisNexis Risk & Information Analytics Group director of Residential Mortgage Solutions. "Not only are we seeing traditional fraud trends, such as application fraud, but we are also seeing new types of emerging fraud occur," said James. "It is therefore imperative that the mortgage industry continue to share information and insights, and collaborate in the fight against mortgage fraud."

I am happy to report that the work done in our local Miami Dade Task Force run by Mayor Carlos Alvarez is being recognized nationally. Finally, people are getting it that mortgage fraud caused many of our economic problems!

Every day people are turning in people to our local police — now realizing that this crime is causing much of the economic strife caused today in real estate market conditions. Good job to all Realtors that are fighting this fight!

Buyer Beware: Be careful when selecting a short sale

By Guest Contributor Henry Richard Ensler, Esq.

With the complexities facing any buyer considering the purchase of a short sale, researching the property has become more important than ever. Many properties that have been listed as short sales are either in pre-foreclosure or foreclosure. “Pre-foreclosure” is defined as a property where the owner has defaulted on their mortgage loan but there has been no foreclosure filing.

A property that is “in foreclosure” is not just a defaulted mortgage loan but a property where the lender holding the lien on the property has already filed foreclosure proceedings to take title back to the property.

Researching whether the property is pre-foreclosure or already in foreclosure is an important indicator of the success a buyer may have in purchasing a short sale. In general properties that have already been in foreclosure for lengthy periods of

time are more likely to be foreclosed before a short sale is approved.

In these instances, many buyers are left out in the cold as any pending contract on a property that has been foreclosed is automatically extinguished or terminated upon entry of the foreclosure judgment. After the foreclosure proceedings are completed, the lender takes title to the property, in which case it is now referred to as an “REO” property or real estate owned by the lender. Properties that have been foreclosed are either sent to the auction block where buyers have an opportunity to bid on the property or they are assigned to REO agents to list and sell for the lender.

For these reasons, a buyer is best served by educating themselves as to the foreclosure status of a property so as to determine if there is enough time to seek approval on a short sale of the property or if a foreclosure of the property is unavoidable.

Being a Homeowner Just Got More Affordable

Great news for homeowners: The Treasury Department recently created the Making Home Affordable program.

Making Home Affordable will help homeowners refinance or modify their mortgages. Interested? Take a look at makinghomeaffordable.gov, Or give their hotline a call at (888) 995-4673.

And don't forget to post your comments and tell us what you think about the program!

Roadmap to Rebound

Listen to what some key industry leaders had to say about the housing market during a live discussion with CNBC from the New York Stock Exchange. The segment, hosted by Maria Bartiromo, included Jim Gillespie, president and CEO of Coldwell Banker Real Estate LLC, Yale economist Dr. Robert Schiller and Sanjiy Das, CEO of CitiMortgage and Tony Fratto, CNBC contributor.

Gillespie called upon government leaders to enact a $15,000 non-refundable tax credit to ALL buyers and also a mortgage buy down that would bring rates to the 4-4.5% range which the National Association of Realtors reports could generate an additional 840,000 home sales over 12 months. This home buying activity would have major implications in stimulating the overall US economy since the National Association of Realtors also reports that each home sold generates more than $60,000 in economic activity. The proposal would also have a greater impact on foreclosures than the current stimulus package.

Fratto shared at the end of the day, we need to reduce home inventories and do things on the demand side of the equation. Lower mortgage rates should help increase buyer activity.

Click here to watch the panel discussion. Weigh in on the discussion. What are your thoughts?

Miami Lakes Market Snapshot

By Guest Contributor Stephen Touzalin, Branch Manager - Miami Lakes Office

In 1962, 3,000 acres of dairy land was developed into what is now a vibrant and beautiful town of 27,000 residents and 1,700 businesses with quiet residential areas, 23 lakes, parks, tree-lined streets and a hometown atmosphere. Located in the northwest corner of Miami-Dade County, Miami Lakes has easy access to four major expressways and two international airports, as well as having its own business airport just across its eastern boundary.

This is definitely the time to buy in the Greater Miami Lakes area. Currently there are 1,716 residential properties on the market – 552 single-family homes and 1,164 condominiums. The majority of single-family homes are priced between $200,000 and $400,000, with a median price of $295,000; while most condominiums are priced between $100,000 and $300,000 with a median price of $140,000.

The real estate market in South Florida has been depressed for more than two years, with years of inventory available and many more properties coming on the market than were being sold. This predominance of supply over demand led to great declines in prices, and the decline will only be halted when demand starts to catch up with supply. We are starting to see this trend in our area. The number of new residential properties for sale in February 2009 declined 13.5 percent from the number available in February 2008. Over the same period the number of closed sales increased by 82.9 percent and the number of new sales increased by 156.6 percent. The months of inventory also declined — from 37.8 to 12.7.

This is the time to buy – when you see that the market is starting to bottom out but before prices start to rise.

MLS data as of March 17, 2009.
The following are three outstanding properties to consider in our market area.

Good News for Homebuyers

Guest Contributor Dea Kelly Coldwell Banker Dallas - Fort Worth associate

Here we go again, with the talking heads on financial news misinterpreting the impact of the Fed's actions on home loan rates.

Here's the scoop. What the Fed recently announced is huge — they have committed to buying another $750 billion in mortgage-backed securities, and $300 billion in treasuries.

What does this mean and why should you care? Their actions provide a demand for mortgage-backed securities, which should help keep a ceiling on home loan rates from moving much higher in the near future. That's good news for homebuyers who are seeing good buys out there in the real estate market. Now is the time to act.

But keep in mind – this does not mean rates may move significantly lower. Depending on exactly which coupons the Fed purchases when they go shopping for mortgage-backed securities, their actions may keep a lid on rates, but not push them very much lower. And based on what they've been buying since the beginning of this year when they started their purchasing program – that is exactly how it has played out. Present home loan rates are within inches of historic lows.

What's keeping you on the sidelines from moving forward to buy the home of your dreams?

Tax Credit and What it Means to You

Guest Contributor Patricia Perez, Senior Loan Officer, CSA, Sunbelt Lending Services

Most people don’t enjoy going to see their tax preparers to file their tax returns, at least until now. Now there are 8,000 reasons why you will want to see your accountant. The reason is because of the First-Time Homebuyer Tax Credit.

This is the triple play wining combination: 1) There is an outstanding selection of available homes at affordable prices 2) Interest rates are at an all time low 3) This new tax credit — which goes away 11/30/09

Remember that what goes up must come down and what is down will eventually go back up.

Important Highlights of the Tax Credit:

• If you are a first-time homebuyer or you have not owned a primary home in the last three years you can get up to an $8,000 federal tax credit. The tax credit is 10 percent of the sales price, with a maximum benefit of $8,000.
• You must purchase and have closed on a property that will be used as a principle residence between January 1, 2009 and November 30, 2009.
• Buyers can claim the tax credit on their 2008 or 2009 tax return; you can also file an amended 2008 tax return if you close on your purchase after you have filed your 2008 return.
• Homebuyers do not have to repay the tax credit if they stay in the home for three years. If the home is sold within three years, the entire amount of the tax credit must be repaid to the IRS.
• Full credit is given for buyers with a modified adjusted gross income of $75,000 or less ($150,000 on a joint return).

At the holiday party don’t be the one to say you just renewed your lease. Be the one bragging about how you spent the $8,000 you received from your Uncle Sam. Remember to dream big, live well and pay less (buy now).

Visit floridamoves.com to view available homes and find a local Realtor.
Visit Sunbelt Lending to speak with a knowledgeable loan officer.

Homebuyers should consult a tax advisor to fully understand the benefits and limitations of this program.

Market Snapshot: Davie, Cooper City, East Pembroke Pines

Guest Contributor Sandy Rogers, Branch Manager - Cooper City/Pembroke Pines

The Cooper City /Pembroke Pines office serves a broad price range of consumer needs. From the first-time home buyer to the company CEO, you can find properties that fit any desire.

Each of these cities has its own character. Davie has its roots in Broward as a farm community and continues today fulfilling the horse-loving community’s needs with its equestrian lifestyle. Cooper City is well known for it superior schools and park-like settings for its neighborhoods. Pembroke Pines is the city with many original Miami-Dade residents that commute each day but want a more laid-back lifestyle when at home. In addition to serving these primary areas we are the office of choice for the West of I-75 Pembroke Pines area and Miramar.

Our office has a market share in total sales units almost double any other company’s share within our region. There is currently an abundance of homes available in all price ranges and we are able to satisfy the needs of any buyer.

Our team has up-to-date information on the new “True Tax Credit” of $8,000 for first-time homebuyers and would be happy to offer the “Do and Don’t” list with details at your request.

Good news in our local market region is the decline in inventory, which will help to stabilize home values.

Our area has seen a 26.4 percent decline in single-family home inventory from February 2008 through February 09.

Buying and Selling Real Estate in Florida

In yesterday's post, I outlined a couple reasons why Florida is an attractive place to buy real estate. Today I'm highlighting some important information for real estate buyers and sellers.

Buyers
There are no sales taxes (also known as VAT in some countries) on the purchase of Florida real estate. There are state taxes on transactions involving financing. Specifically, there are Florida Documentary Stamp taxes of 35 cents per $100.00 of borrowed funds on the mortgage as well as a county intangible tax of 20 cents of borrowed funds on the mortgage. Typical buyer costs can also include loan fees, title policy and closing fees, search fees, recording fees, courier fees, survey fee, condo/HOA approval fees, appraisal fees, realtor professional service fees and pest inspection. (Foreign buyers should consult an accountant or tax attorney if they have specific questions regarding the tax implications of owning income producing property in Florida.)

Sellers
Florida law mandates that sellers pay a Documentary Stamp transfer tax. The tax is assessed at 70 cents per $100.00 of property value in every county except Miami-Dade County where the tax is assessed at 60 cents per $100.00 of property value. Typical seller costs can also include search, title policy and closing fees, recording fees, courier fees, condo/HOA approval fees and real estate commissions. Sellers are also responsible for U.S. capital gains taxes due to any increase in property value. In order to ensure collection of possible Capital Gains tax, federal law mandates that a FIRPTA withholding of 10 percent of the purchase price be withheld from the seller at the transaction closing. The withheld funds are not a tax, merely a way to ensure that the seller will file a U.S. tax return to allow the I.R.S. to determine the actual Capital Gains tax due. Sellers should consult an accountant or tax attorney if they have specific questions regarding the capital gains tax implications of their sale.

Title Insurance
Title insurance is customarily purchased on all home purchases and is mandatory on financed transactions. The cost of title insurance reflects a one-time cost. If a title defect arises the policy protects purchasers and their heirs from claims. (A similar title insurance policy would protect the lender from title defects). Property sellers in 63 of Florida’s 67 counties customarily pay for title insurance. However, in Miami-Dade, Broward, Collier, and Sarasota it is typically paid for by the purchaser.

Guest Contributor Michael P. Dulin, Esq. - Title Resource Group

Why is Florida an Attractive Place to Buy Real Estate?

Individuals from around the world find Florida an attractive place to purchase real estate. While the warm climate undoubtedly draws many, other buyers find the state’s relatively low taxation on real estate transactions a compelling reason to purchase in Florida. Two more compelling reasons include the fact that unlike most states,
Florida does not have a state income tax or an estate tax.

Although Florida is widely considered one of the most desirable states to live in, a recent study found its property tax burden was only the nineteenth highest of the 50 states. In fact, a recent study found that Florida’s state and local tax burden was only the thirty ninth highest of the 50 states. It should also be noted that individuals who have permanent residency status can seek the protections of Florida’s Homestead laws. Along with other property tax benefits, homestead can provide protection from forced sale of an individual’s primary residence by certain types of creditors.

In tomorrow’s post, we’ll highlight some important information for Florida real-estate buyers and sellers.

Guest Contributor Michael P. Dulin, Esq. - Title Resource Group

Sunset Island & Fisher Island, Miami Beach

Guest Contributors The Jills -- Jill Eber and Jill Hertzberg, Broker Associates - Coldwell Banker Miami Beach Lincoln Building

Generally speaking, the national real estate market is in a state of flux. According to Jill Eber of the Jills, “Despite current conditions, certain segments, specifically the Miami and Miami Beach luxury markets, continue to be successful and therefore, provide buyers and sellers with the confidence to enter that market.”

As a destination with high-demand, Miami and Miami Beach luxury properties are still selling. “As we reviewed all realtor sales for 2008-09 on Fisher Island and the Sunset Islands, we confirmed that there still have been many closings in the $2 million + range,” noted Jill Hertzberg of The Jills. “With the inventory that’s available, there is ample opportunity for both buyers and sellers to strike an agreement.” (*MLS data, March 16, 2009)

The Sunset Islands are a quartet of islands that feature unique, upscale luxury homes, many with water views including those with unobstructed bay vistas. Each of the four islands has homes ranging from old-world appeal and Mediterranean classics to modern sophistication and avant-garde, all with their own unique allure. As a Sunset Island inhabitant, you’re just minutes away from Miami Beach’s delectable menu of restaurants, hot clubs, tantalizing social scene and of course, the spectacular sun, sand and sea. (*MLS data, March 16, 2009)

Fisher Island is 216-acre, exclusive, private island residential community nestled within the waters of Biscayne Bay and the Atlantic Ocean. Offering a luxurious, amenity-rich lifestyle, residents benefit from an award-winning spa, world-renowned Marina and Yachting center, championship golf course, tennis center and their own day School, fire/emergency station and post office.

The following exceptional residence is located in Sunset Island.

South Miami Market Snapshot

Guest Contributor Charlette Seidel, Branch Manager - Coral Gables Sunset

The city of South Miami is two and a half square miles and sits in the middle of Miami-Dade County. It is 25 minutes from the business center of downtown Miami and 20 minutes from the airport. It is a broad-based community with all ages residing there. Most areas are walking distance to the downtown area.

The real-estate market in South Miami offers many choices with the lowest prices in the $200K’s for single-family homes and the highs in the $1.5 million range. Many new homes are being built as some of the older homes are being taken down in favor of the new construction.

There is a 24-month supply of single-family homes as opposed to a county wide supply of 36 months. The inventory has decreased from January 2008 of 133 active listings to January 2009 with 97 homes for sale.

South Miami also has both townhouses and condominiums which range in price from $50,000 for a one bedroom to a high of $549,000.00. Presently there is an inventory of 40 active listings.

South Miami is mostly residential in nature and has very few office buildings. Average lot sizes are 10,000 square feet.

With interest rates at a 40-year low and available inventory, this is a great time to buy!

The following are three exceptional homes to consider in South Miami.

Housing Starts Up

Today’s CNNMoney.com reports that according to the Commerce Department, U.S. housing starts increased by 22% in February. Application permits also climbed 3%. These results are more favorable than economists had anticipated. Could this be signaling positive direction for the real estate industry? What are your thoughts?

Parkland & Coral Springs: Weekly Market

Guest Contributor Blair Damson, Previews Specialist

There are currently 1,143 single-family homes for sale in this immediate market (Parkland – 413, Coral Springs – 730) of which 41 were added this past week.

For a complete list of all the available properties: click on the following link.

Within the last week, 30 homes went into pending contracts which represents a 2.6 percent pending rate. Of those properties that went into pending, 56 percent were listed under $300,000 and 27 percent were between the price range of $300,000 - $500,000.

One hundred properties, or 8.7 percent of the current active inventory, reduced their price within the last week.

Agents continue to report consistent showings during the past week and weekend, with a slight decline in the attendance levels at open houses. Inventory continues to decline, which is a great sign for future stabilization of the market.

For more information, please visit www.blairdamson.com

Southeast Ft Lauderdale Market Snapshot

Guest Contributor Mike Mangold, Branch Manager, Ft. Lauderdale Southeast

By segmenting the market, we can see that real estate is truly “local”. While inventories remain high, sales have shown a determination to strengthen. This is being led by the single-family market in residential areas (see Federal Highway graph) as first-time buyers and investors are beginning to snap up “deals”. We are noticing competition (multiple offers) for property that is priced for the market. This translates to a typical market cycle in real estate, where the entry-level market is always the first to show signs of improvement. Smart buyers are out there now, knowing that when demand starts to pick up again as the next cycle starts, pricing, interest rates and inventory are all going to become less favorable. High-quality properties are now being priced for this market and the available inventory has created one of the best opportunities in years.

 

 

 

 

 

 

 

 

Statistics were gathered from Southeast Florida MLS in association with The Realtor Association of Greater Ft. Lauderdale (RAGFL) on March 6, 2009.

The following three properties have been selected by the Managing Broker to be exceptional Listings because of their locations and list prices. Click the photos for more information about each property.

Fort Lauderdale Northeast Market Snapshot

Guest Contributors Jay Chernoff, Branch Manager and Andy Weiser, Broker Associate - Fort Lauderdale Northeast

Current active inventory including single-family homes, condos, townhouses and co-ops is 200. About 28 percent (31 percent single-family homes and 26 percent condos, townhouses and co-ops) of this inventory is considered distressed inventory reflecting bank-owned properties and short sales.

Prices range from $34,500 to $5,800,000 for single-family homes and from $20,400 to $999,999 for condos, townhouses and co-ops. The distressed single-family homes are priced from $34,500 to $2,600,000. Distressed condos, townhouses and co-ops are priced from $20,400 to $509,000.

Half of our single-family homes listings range from $300,000 to $1,000,000.

In this price range you will find the below property well priced at $535,000 in Coral Ridge Isles — a fixed-bridge waterfront community just minutes from the beach and downtown Fort Lauderdale.

 

The bulk of our condo, townhouse and co-op listings are in the $150,000 to $500,000 range. Most fall in the mid to high $300,000s. For $349,000, golfers will enjoy this 1,788 sq. ft., three-bedroom, two-bath condo directly on the golf course!

 

Beach lovers will delight in this 20th floor oceanfront two-bedroom, two-bath in a top full-service building directly on the sand for $375,000!

 

 

Since the middle of January, the Fort Lauderdale Northeast office has noticed a substantial uptick in the number of properties going to contract. Over 91 in the past 45 days alone! Savvy buyers are realizing that there are great values to be had in today’s market.

Whether it’s a waterfront single-family home on a canal or an oceanfront or golf-course condo, townhouse or co-op, Northeast Fort Lauderdale is HOT!