December 14, 2019

Fort Lauderdale New Condominiums – 33 Intracoastal – 2895 NE 33rd Court – Coral Ridge Fort Lauderdale

33 Intracoastal – New Fort Lauderdale Boutique Condominium

Artist Rendering of 33 Intracoastal

Artist Rendering of 33 Intracoastal

Thinking about a purchase in the booming Fort Lauderdale Real Estate market ? Purchasing new, pre-construction in a market where land is the non-existent commodity makes for a great choice in Fort Lauderdale Real Estate, and 33 Intracoastal needs to added to your list to visit.  The advantages of buying early include owing a Fort Lauderdale Condominium where everything is under warranty, obtaining the design features you want from day one and of course being part of a community where like minded buyers all purchased their Fort Lauderdale homes at the same time, all ready to enjoy the Fort Lauderdale lifestyle!

Coral Ridge Country Club Fort Lauderdale – New Condominium

Intracoastal 33 is currently under construction at the corner of 33rd Court and the beautiful Fort Lauderdale Intracoastal Waterway. Intracoastal 33 features just 11 luxury Fort Lauderdale Condominium from just over 1800 square feet to 2100 square feet of air-conditioned living space. In addition each of these Fort Lauderdale Condos have a large wrap around balcony with views of the intracoastal. The property sits on 250 of prime Fort Lauderdale Waterfront with direct frontage on the intracostal waterway and a side canal. This Fort Lauderdale Waterfront Condominium  will have boat slips available which will be under control of the association. The property will be per friendly, and each unit owner will have tow garage parking spots. At five stories tall and just 11 untis 33 Intracoastal is truly a boutique Condominium by Fort Lauderdale Condo standards and yet will contain all the Florida lifestyle amenities.

Fort Lauderdale New Construction On the Intracoastal

The Property will have spectacular heated infinity pool, plus a zen garden and lush landscaping. Private elevator access and entry foyer are standard for each unit. Extra storage is included, as is an electric charging station, plus a community golf cart.  Each Fort Lauderdale Condominium at 33 Intracostal will have 10 foot ceilings, and be delivered designer ready. Your team at Eric Miller and Associates, Keller Williams Fort Lauderdale is always ready to help with recommendations to some of the finest interior designers in town to complete your condominium once it is delivered. Ready to start exploring new construction opportunities in Fort Lauderdale, please remember having a local Fort Lauderdale Condo expert represent you in the transaction will cost you nothing, but will serve you will prior to and after closing day. Prior to booking any appointments to view Fort Lauderdale New Construction projects an appointment with Eric Miller and Associates to discuss the Fort Lauderdale Real Estate market and every new construction available will be time well spent. Reach out to the team today at (954) 383-8170 today. or email us at Eric@FortLauderdaleGroup.com

Fort Laudedale Condominiums for Sale – Auberge

Rendering of the future Auberge Fort Lauderdale

Rendering of the future Auberge Fort Lauderdale

Auberge Fort Lauderdale !, the long awaited announcement for the future of the most desirable buildable property  along Fort Lauderdale Beach has been made and by all accounts its has been worth waiting for.  With preconstruction prices at Auberge Fort Lauderdale from at $1.5 to over $9 million, the total of 171 Fort Lauderdale Condominiums that will rise on these four square blocks are destined to become the premiere residences of Fort Lauderdale Beach.

The north tower of this most recent addition to the market of Fort Lauderdale Condominiums just went on sale. Consisting of 17 stories and just 56 units, this tower of the building will house some of he most desirable oceanfront condominiums in Fort Lauderdale. The entire condominium will sit on 450 feet of spectacular Fort Lauderdale beach front.  Condominiums at Auberge range from 1700 sq. feet of over 5000 sq. feet and all have expansive outdoor living spaces ranging from 900 sq. feet to over 4000 sq. feet.  If you have been waiting for the real estate market to come alive in Fort Lauderdale the wait is over as numerous new Fort Lauderdale Condominiums are coming to market. Auberg, with the architecture of Nichols Brosch Wurst Wolfe and Associates is destined to be the new trophy of Fort Lauderdale beach.

The team at Eric Miller and Associates, Keller Williams Realty Professionals, are award winning independent agents and can represent you throughout the buying process at Auberge Fort Lauderdale and all your local real estate needs. Eric Miller can be reached directly at (954) 383-8170 or via email at Eric@FortLaudealeGroup.com

 

Ft Lauderdale Insurance Rates

State Farm Homeowners Policies rates about to rise.

The Office of Insurance Regulation approved a 19 percent average statewide rate increase for State Farm home insurance policies.  The changes are to take effect beginning in July as policies are renewed.

From this State Farm 19 percent statewide average home owners increase here are some average rate increase breakdowns for our area. Investor owned homes that are leased out will see an average state wide increase of 62%.  Homeowners in Western Broward will see an average increase of 64%.  Homeowners East of the Intracoastal in Broward will see an average increase of 50%.  Homeowners in the “middle of Broward”  will see an average increase of 10%.

There is some good news for renters who will see their statewide average drop 15% and Florida Condominium Owners who will see an average statewide rate decrease of 3%. Again this is for State Farm Home Insurance Policy holders, only.

Home owners insurance is only one issue to be aware of when buying Ft Lauderdale Real Estate,   another is, Ft Lauderdale Condominium association dues, and Broward County Real Estate Taxes are other costs which can be specific to an area. When buying Ft Lauderdale Real Estate these are discussions to have with your  Ft Lauderdale Real Estate Agent.

Shifting Markets in Fort Lauderdale Real Estate

When the real estate market shifts to a more balanced market, a market where neither buyers nor sellers have a huge advantage in a real estate transaction does anyone truly expect it to happen to the “national real estate market”? Does anyone truly expect to able to mark their calendars on the exact day the real estate crisis ended and the market stabilized?

The answer is simply, the real estate conversation is going to shift from one of the “national real estate market to those words much more associated with real estate, location, location, location? The shift to a more balance market is going to happen neighborhood by neighborhood, city by city, with the areas with a better economic foundation moving forward first.

Recently we have seen a shift in certain neighborhoods within the Fort Lauderdale Real Estate market that indicates the shift is coming. One such area is the City of Wilton Manors, where Wilton Manors Real Estate saw the supply of homes for sale drop to less than 5 months supply based on current sales trends. Many condominium buildings are seeing Fort Lauderdale Condos for Sale at their properties drop below 10% of the number of units at the property. We once saw this 10% number as a balanced market.

There will be bumps in the road. No recovery is ever a straight line out of the woods, and we don’t expect prices to be immune to the things that place pressure on our economy as a whole. However we do see inventory shrinking, multiple offers on well prices properties, and there is major activity in the Fort Lauderdale Real Estate market, check out our market statistics tab regularly for markets.

Ft Lauderdale Real Estate Auction Proves Demand for Ft Lauderdale Real Estate

Fort Lauderdale Real Estate demand proved to be the exact opposite of what national reports keep saying about the real estate market in general. A few weeks back as we discussed in an earlier blog post the Fountains on Ocean Blvd. conducted a real estate auction for the remaining unsold inventory. The auction drew a huge crowd of buyers to the Fort Lauderdale Hilton on a beautiful sunny day in Ft. Lauderdale, to buy their own piece of Fort Lauderdale Real Estate.

Fort Lauderdale Condominiums were sold in an orderly fashion of aggressive bidding, and in just over an hour the last remaining Ft Lauderdale Condominium units at the Fountains on Ocean Boulevard were under contract and called for by lucky buyers who will get to close on one the last remaining unsold developer Fort Lauderdale Condominiums.

Ft Lauderdale Condos were sold at about 40% off of the original asking prices, with unit selling from just under $300,000 into the mid $500,000 range. The demand was strong and the prices are a true indication of market value of Ft Lauderdale Condos.

Fort Lauderdale Condominiums near the beach are part of a Ft Lauderdale Real Estate market where location is everything and has not been plagued with an endless supply of foreclosures and short sales. The bargains are out there, but if you have been waiting to purchase a Fort Lauderdale Condo near Ft. Lauderdale Beach, now is the time to plan your shopping trip, as the good inventory is clearly being sold to the highest bidder, as inventory continues to shrink when it comes to Fort Lauderdale Condominiums.

Ft Lauderdale Condos – A Change for Fort Lauderdale Real Estate

Fort Lauderdale Real Estate News reports seem to ignore a simple fact about the Fort Lauderdale Condo market today. Construction plans have stopped and sales are growing. As Fort Lauderdale Realtors, we know that 2011 will be the last year to purchase a brand new condominium in the Ft Lauderdale Condo market for at least 4 to 5 years.
If you have been thinking for years about purchasing a New Condominium in the Ft. Lauderdale area, 2011 is the year as supply is twiddling of new Condos in Ft Lauderdale.

Fort Lauderdale CondosWhen Fort Lauderdale Real Estate prices collapsed there were only a few buildings under construction in the Fort Lauderdale Condo Market. Adding Pompano Beach, and Lauderdale-by-the-Sea to the inventory of the Fort Lauderdale Real Estate, only adds three additional new developments to the inventory of Fort Lauderdale Condos.

We currently estimate that in the Fort Lauderdale Real Estate market there may be less than 150 brand new Ft. Lauderdale Condos available for sale, and this number is shrinking rapidly. As developers dropped prices to sell units the market has responded accordingly.

 

Ready to see these condos, thinking about calling one of the last new Ft. Lauderdale Condos your own, call Eric Miller and Associates and schedule our new construction tour. We will set up the appointments and turn you into experts on the Fort Lauderdale Luxury Condo market in a few short hours. As FFt Lauderdale Condost Lauderdale Real Estate experts we are excited about the great product available and the bargains that current buyers are getting, but simply it is not going to last.  In real estate, if you can purchase a Ft. Lauderdale Condo brand new for less that it would cost to build, this is a bargain.

In the Fort Lauderdale Condo market there is remaining unsold inventory in the Sapphire, Fountains on Ocean Drive, and Coconut Grove. In Pompano we add the Sonata Beach, and the Oceanside, and in Lauderdale-by-Sea we add Villas of the Sea.  At Eric Miller and Associates we are here to answer to your questions about any Ft. Lauderdale Real Estate.