Fort Lauderdale Real Estate
Also referred to as beautiful Ft. Lauderdale,
this sister city to Miami is a booming center for new luxury
real estate property developments. Vibrant, ever-expanding
and resort-style city, Fort Lauderdale boasts the finest
real estate projects in the nation.
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Often called the “Venice of America”
due to the intricate canal system, Fort Lauderdale has some
of the nation’s most amazing beaches, bars, clubs and
entertainment. The population of Fort Lauderdale is quite small,
hovering around the 170,000 mark for the past few years. However,
the transient population and the incoming travelers make Fort
Lauderdale look and feel much larger.
The Property Updates in Pre-Sales
and Under Construction Ft. Lauderdale Condos
Fort Lauderdale is like the Venice of North America. With waterways,
riverways, waterfront and bayfront property almost every angle
you look, the Fort Lauderdale real estate market is primarily
made of affluent, prestigious and exclusive looking master planned
communities or single family detached homes. There are also
the occasional condominium pre-construction high-rise in Ft.
Lauderdale as the condo market continues to heat up due to the
push in densification and gentrification of older districts
and neighborhoods. As the friendly neighbor to Miami, Ft. Lauderdale
condo properties have increased in value almost two fold in
the past two years. This is very amazing when you compare the
average doubling of real estate property prices every ten years
which is considered one property cycle. Fort Lauderdale is very
bright and attractive to people on the higher end scale with
affluence and money to spend on these mansions along the water
that have their own boat slips, marina bays and much more that
an average family could ever dream about owning. However, this
is not to say that Ft. Lauderdale is primarily built up for
this group of select people. There are certainly many new pre-sales
Fort Lauderdale development properties around the entire city
whether it be apartment high-rise condo suites or detached homes
or even duplexes and townhomes along the waterfront. Always
sunny and bright, Fort Lauderdale is however located within
the storm surge areas of the Atlantic hurricane season which
may be a factor when people select their waterfront homes. Bearing
the brunt of the storm, many people have also opted to live
more in the interior and inland communities of Ft. Lauderdale,
creating a new niche real estate pre-sales market in the city.
With stable growth and a constant stream of cruise ship visitors
every year, Fort Lauderdale has really made a name for itself
as a sunny resort with much waterfront condo hotels and real
estate that will blow your mind as it is truly unique to see
such a beautiful and elegant yet exclusive city in the United
States. With a full time population of about one hundred and
seventy thousand residents, the Ft Lauderdale population nearly
doubles during the cruise ship Caribbean season as many people
come here to vacation and use their waterfront condominium homes
as a resort. In this section, you will find the lastest presales
launches, presentation center information as well as pre-construction
condominium overviews and reviews. Stay tuned for more updates.
The Economy of Fort Lauderdale
Heavily dependent on travel and tourism since the 1970s, Fort
Lauderdale is a hot spot for spring break for many college students.
However, the recent crackdown on illegal drinking and activities
have now resulted in more of a balance of younger tourists with
cruise ship business. Amazing hotels, bars and clubs dot the
oceanfront coastline in Fort Lauderdale, which resembles a very
vibrant and exciting community.
Real Estate Boom in Fort Lauderdale
Just like many larger cities in Florida, Fort Lauderdale has
seen its share in the booming real estate markets. With many
pre-construction low-rise, mid-rise and high-rise residential
towers in Fort Lauderdale, the city has seen an amazing growth
in population and foreign interests.
Ranging from luxury homes to Fort Lauderdale
oceanfront properties to loft residences, the city is now seeing
the effects of the decade long boom in new construction with
the completion of some of the most dynamic and exciting residential
towers in the nation.
Fort Lauderdale is known for prestigious and exclusive residences,
and currently, there are many luxury homes for sale as pre-construction,
construction or re-sale status. Fort Lauderdale real estate
will continue to boom due to it’s great location along
the Florida Keys as well as its close proximity to Miami and
other urban centers. In addition, we can’t forget about
the huge cruise ship business that pumps almost a billion dollars
into Fort Lauderdale every year. Fort Lauderdale real estate
is not only for home buyers, but also for Fort Lauderdale real
estate investors.
For more information about current pre-construction Fort Lauderdale
condos, lofts and residences, click on the links in the main
navigation at the top of the page.
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