South Florida Real Estate Update
Local Fort Lauderdale Realtor Discusses Why Florida Real Estate Listings Should Not Quote Taxes?
Fort Lauderdale Realtor Explains Real Estate Taxes
As a Fort Lauderdale Realtor, I often hear clients say things like “but look at the difference in taxes on these two homes”, or the “the taxes on this unit are lower than the one downstairs”, or “that’s odd the taxes on this unit with a better view are 50% lower”. Each time the answer is the same, and as a #FortLauderdaleRealtor for over 20 years it is part of mission of excellent Fort Lauderdale Real Estate service to help buyers of #FortLauderdaleReal Estate understand how real estate taxes work in South Florida.
In Florida we pay our real estate taxes in arrears. This means we pay our #FloridaReal Estate taxes at the end of the year for the year that just past. If you purchase and close of a property prior to the tax being due the buyer will receive a credit from the seller for the portion of the taxes that occurred while the seller owned the property. The buyer will get the entire tax bill at the end of the year. Eric Miller of eXp Realty LLC in Fort Lauderdale makes your search for Ft Lauderdale Real Estate easy with access to all Fort Lauderdale Area Real Estate Listings and their availability to answer questions.
Ft. Lauderdale Real Estate Tax Assessments
The most important sentence in this post, Florida law calls for every property which is sold to be reassessed at full market value in the year following the sale. There are some adjustments for closings costs but….to be as close as possible and have no surprises use your purchase price and the tax rate you receive from your local Florida Real Estate broker or from the county in which you are purchasing South Florida Real Estate. When purchasing real estate in Fort Lauderdale which is Broward County you can count on 2% as a fairly accurate number or you can visit the county tax estimator at https://bcpa.net/TaxCalc.asp
As a reminder, every property will be reassessed so please ignore the current number indicating in the Fort Lauderdale MLS it is not an indication of your future taxes.
Homestead and Your Ft Lauderdale Real Estate
Two more subjects related to local real estate taxes in Fort Lauderdale. In you do not have a homesteaded property anywhere else in the country you may be eligible to homestead your South Florida home. This will provide you two benefits a) a $50,000 reduction on the valuation creating about a $1000 savings (exclusive of school tax) so reality a bit less is reality and b) a 3% cap on any assessment increase. The 3% cap is a huge deal.
Subject #2 – If you are unable to homestead your Fort Lauderdale area property, there will be a 10% assessment cap on the valuation of your property. This law went to effect in 2009. The 10% cap applies to all taxing authority millage rates except local school boards. Having this cap in place is a benefit to anyone who purchases in market with rising prices.
In a future post we will discuss Portability, and how it helps Fort Lauderdale Real Estate owners when they move to another property. Any additional questions about real estate taxes as you prepare to purchase a Home or Condo for sale in the Fort Lauderdale area feel free to call Eric Miller, Your Fort Lauderdale Realtor at eXp Realty LLC, 50,000 Realtors strong worldwide.
Ft Lauderdale Condos for Sale – Close to everything Ft Lauderdale
No car needed Fort Lauderdale Condo
Fort Lauderdale Condo buyers often start off with the number one thing on their wish list is the walkability index, a term you often see used on sites like Zillow, Trulia and Redfin. This “walk ability index” can mean so many things and as Fort Lauderdale Realtors we try immediately to lead the conversation down the road of what does this mean to you. In some cities, walkability is an easy thing to describe. As a former New Yorker (over 20 years ago) even though I owned a car I often marked on my calendar to go down and start it, it was easier to walk, and clearly this was a high walkability index as I was able to walk to almost everything. Fort Lauderdale Condo buyers must be more selective if “walkability” is important and Ft Lauderdale Realtors very ready to have this discussion.
Close to Everything – Ft Lauderdale Beach Condo for Sale or Rent
Ft Lauderdale Condo Renovation presented by FortLauderdaleGroup.com
Tides at Bridgeside Square pool and gardens add to the ocean view view.
Fort Lauderdale Realtors will guide the conversation with a simple question, “What is most important for you to be close to in your daily life”? Over the years at the Eric Miller Group we have heard answers that you expect like Fort Lauderdale Beach, or the grocery store. But we have also heard much more specific answers like a Publix’s Supermarket, a local bar, a health club, or a local dog park. People love to be able to be close to the things in life that are important to them. Over the years we have sold many Ft Lauderdale Condos at a condominium in Fort Lauderdale called the Tides at Bridgeside Square. What we hear consistently from residents at the Tides at Bridgeside Square is in addition to loving this well-run building they love the convenience of the neighborhood.
Brand New Renovation -Ft Lauderdale Condo for Sale
If convenience is important to you in your Ft Lauderdale Vacation condo, or as a fulltime resident of the beach area of Fort Lauderdale the Eric Miller Group at Keller Williams Fort Lauderdale is proud to bring your attention to this incredible condo for sale or rent at the Tides at Bridgeside Square 3020 NE 32nd Street, Ft Lauderdale, FL 33308, Offered at $465,000 this Tides at Bridgeside Square Condo #1013 is also available for rent annually at $3400 per month fully furnished. The pictures speak for themselves and as we stay safe at home during this Covid 19 pandemic and practice social distancing take a few minutes and take this incredible virtual tour of this Fort Lauderdale Condo. This fully renovated property is not a “Fort Lauderdale Flip” the owners created this masterpiece for themselves and then decided to move to even an even larger unit at their home, the Tides at Bridgeside Square.
Call the Eric Miller Group at Keller Williams Fort Lauderdale Today
Just across from numerous waterfront Fort Lauderdale restaurants which we assure you will re-open, a short distance to one of the most quiet beaches in Fort Lauderdale, and a site rumored to being eyed for a smaller version of a Publix’s supermarket the Tides at Bridgeside Square is high on our “walkability index”, and Condo unit #1013 is the Best of the Tides at Bridgeside Square.
Just SOLD in Weston Hills Country Club
Homes for Sale in Weston Hills
Weston Hills is one of the finest single-family homes communities in Western Broward County located in Weston Florida. From the moment you reach the gate of Weston Hills you know you are in a fine community of single-family homes with management provided by the Castle Group. Weston Hills sits on two of Broward Counties finest championship golf courses, known as the Weston Hills Golf and Country Club. Membership in the country club is totally independent of home ownership but provides for a beautiful backdrop for this community. Large estate homes with well-manicured landscaping identify Weston Hills as one of the finest communities to live anywhere in Broward or Dade County. Weston Hills is easily accessible to I-75 and I-595, making it in great location for all that South Florida has of offer.
Dusk at 1708 Victoria Pointe Circle – Weston
1708 Victoria Pointe Circle Coming to Market Soon
The Eric Miller Group of Realtors, an award-winning team at Keller Williams Realty Professionals is proud to have been selected to market one of the finest homes for sale in Weston Hills. Ready to come to market shortly 1708 Victoria Pointe Circle, Weston Florida, this 5 Bedroom, 4 Bath homes with all new baths, and upgrades throughout will be coming to market just after the Thanksgiving holiday. With its extended covered patio, the beautiful water front pool makes this the home to see in Weston Hills. The upgraded kitchen includes new appliances including double ovens that have never been used. This home offered at $1,025,000 is ready for the new owner to move right in. Reach out to us today or call any local realtor and be one of the first to see this home we are ready to start showings. You can view the virtual tour of 1708 Victoria Pointe Circle today.
Weston Hills Country Club located nearby is home to two magnificent 18-hole golf courses. The courses were created by famous gold course designer, Robert Trent Jones, Jr. Weston Hills has been the proud host to the PGA Honda Classic (1992-1995), the Dan Marino Celebrity Invitational (1992-2001), the LPGA Chrysler Plymouth Tournament of Champions (1997) and continues to host of other events. In addition, the Country Club features tennis, fitness, swimming, and social facilities making it one of the
1708 Victoria Pointe Circle for Sale in Weston Hills
finest Country Clubs in South Florida.
Numerous communities comprise the Weston Hills Country Club Community area. Victoria Isle, Harbor View, Montclair, Oakbrook, Cypress, Courtside Homes, Lakewood, The Laurels, Legends, Eagle Watch, Edgewater, Mayfair, The Pointe, Princeton, Provence, Rivera, The Retreat, The Reserve, Poinciana, Jardin, Water Oak, Victoria Pointe, Victoria Isle, Royal Palm, Meadowood, Monterey, Hunter’s Pointe, Grand Oaks, and The Fairways.
Villas of Coral Heights – Incredible Oakland Park Townhome
Incredible three story townhome, at 3901 Coral Heights Lane, Oakland Park, Florida 33334, in the Villas of Coral Heights. When it comes to Fort Lauderdale Townhomes, few stand out like the Villas of Coral Heights.
Community Pool Villas of Coral Heights
These Fort Lauderdale Townhomes actually in the City of Oakland Park feature 10 foot ceilings, something unusual to find in Oakland Park Real Estate. Oakland Park Realtor, Eric Miller and Associates at Keller Williams Realty Fort Lauderdale has been involved in the Oakland Park Real Estate market for years and was involved in the preconstruction days of the Villas of Coral Heights.
Oakland Park Realtors at Keller Williams
Oakland Park Realtors, Eric Miller and Associates is pleased to announce the listing of one of the original developer units that received a tremendous level of upgrades.
Oakland Parks Best Townhome Value
Saturnia marble floors in the entry way and baths, wood floors throughout, gourmet kitchen with stainless steel appliances. Huge island kitchen, with tons of cabinetry. A huge master suite with two walk in closets. Impact windows throughout and this unit is equipped for central vac. This unit features the largest yard in the entire Villas of Coral Heights Community.
The Villas of Coral Heights was built in 2005 and consists of 68, three story townhomes.
The property is all concrete construction with impact glass. The community features a beautiful community pool. The Villas of Coral Heights represents a great value in today’s Oakland Park Real Estate market. When it comes to Fort Lauderdale Townhomes let the Oakland Park Realtors at Eric Miller and Associates show you why 3901 Coral Heights Lane Oakland Park, Florida 33334, in the Villas of Coral Heights offered at $439,000 is one of the best deals in Fort Lauderdale Real Estate.
Fort Laudedale Waterfront Homes
160 Marina Bay – New Construction Ft Lauderdale Waterfront Condo
160 Marina Bay – New Construction
160 Marina Bay comes to market offering Fort Lauderdale Luxury Waterfront Condo buyers an incredible opportunity with just 16 luxury residences located at 160 Isle of Venice in the Las Olas area of Fort Lauderdale. An incredible ultra-luxury offering in a modernist style building with 3 Bedroom condominiums ranging from 2875 to 2918 square feet of living space. Each luxury unit features 10-foot ceilings throughout with expansive waterfront terraces. Every luxurious condo at 160 Marina Bay comes with two garage parking spots and the building has 14 deep water docks that will be offered for sale.
New Fort Lauderdale Waterfront Condos
160 Marina Bay Condos are being built with state of art technology packages that include control of your entry locks, lighting, thermostats either remotely or through voice activation. Digital notification and self-service package lockers make 160 Marina Bay the ideal new Fort Lauderdale Condominiums for fulltime Fort Lauderdale Condo Buyers or second homeowners. Electric charging stations are available for purchase as 160 Marina Bay raises the standard of new construction smart technology.
Pre-Construction Pricing at Marina Bay
160 marina bay features a heated sale water pool for its residence and guests. The property is pet friendly and each unit is entered through private elevator access. Pre-construction pricing is currently underway with condos starting at $2,250,000. Please keep in mind prices are always subject to change. If living just a short distance from Fort Lauderdale Beach while also being close to Fort Lauderdale’s restaurants and night life in exactly what you have been looking for, the boutique building of 160 Marina Bay is an excellent opportunity in Fort Lauderdale’s booming real estate market.
Ready to discuss 160 Marina Bay and the Fort Lauderdale Real estate market? Reach out to Eric Miller of eXp Realty LLC, for an expert introduction to Fort Lauderdale Real Estate. Eric Miller can be reached at (954) 383-8170 or email at Eric@FTLRealEstate.com
Deerfield Beach Waterfront – South Florida Waterfront Bargain
Prime South Florida Waterfront
It is rare to find a South Florida Waterfront home within walking distance to the beach where you also have a protected harbor to keep your boat. That is just what the team at Eric Miller and Associates is presenting in the incredible South Florida waterfront home at 135 SE 19th Ave in Deerfield Beach. Located in a neighborhood called Poinsettia Gardens which for those familiar with Deerfield Beach is just east of the Cove, over the Hillsboro Boulevard bridge, on the east side of the intraocastal.
Room for more than one ..
Deerfield Beach Home for Sale
Just a few short blocks to Deerfield Beach the location of this homes make it the perfect spot for buyers looking for a South Florida beach getaway. The home has received renovations to many of the most expensive areas of a home to renovate including the sea wall and pool area. Both the roof and the a/c system have been redone . With three bedrooms, two bath, and great living space the home is ready for someone to add some personal touched to the kitchen and master bath. This South Florida Waterfront property features 70 feet of waterfront just one turn from the intraocastal and minutes to the Hillsboro inlet.
Bargain South Florida Waterfront
Waterfront in South Florida is always a great investment and this home I no exception. This home would be an ideal vacation rental property and currently being one of the least expensive no fixed bridge waterfront homes in South Florida makes it one your South Florida realtor will be happy to show you. Call your realtor today or reach out to Eric Miller and Associates – Keller Williams Realty today !
