Some Basics of Buying Ft Lauderdale Waterfront Property
Living in Fort Lauderdale promises you the twin advantage of having your own little personal piece of paradise while you enjoy a lifelong vacation in one of America’s most renowned tourist destinations. Fort Lauderdale is a unique and enchantingly picturesque city in South Florida. The waterfront houses of Fort Lauderdale top the list for buyers who wish to enjoy a comfortable way of living and tons of opportunities for recreation and entertainment.
Variety on Fort Lauderdale Waterways
There is a large variety of waterfront properties that can be found in Ft. Lauderdale, each of them catering to different tastes, preferences, and price scales. Though the price points and purpose may be different, the basic idea remains the same – comfortable, stylish, and worthwhile living! Read on to find out all that you wish to know about waterfront homes in Ft. Lauderdale, Florida
A Brief Introduction to the Location of Fort Lauderdale
Fort Lauderdale, rightly nicknamed the “Venice of America” is an esteemed city tucked away at the shores of the glorious Atlantic Ocean, sometime it is also called the "City by the Sea". Each house in Fort Lauderdale is a luxury on its own, as it gives the resident access to over 165 miles of beautifully waterways and canals that can be explored on boats, kayaks, and the latest addition to our inner waterways the paddle board.
Home to more than 40,000 boats and 100 marinas and the city hosts a large collection of world class yachts. The city of of Fort Lauderdale is more than just mansions on the well known intracoastal and high rise condominiums downtown. It’s a vibrant city for the arts, a lifestyle centered around the tropical climate and waterways and most importantly a city to experience, both day and night. The annual Fort Lauderdale Boat Show, which is the biggest of its kind in the entire world, is an added extravaganza to the whole package that moves into the city just about Halloween weekend every year.
The Best Property Options in Fort Lauderdale
Waterfront property in Fort Lauderdale is considered the finest properties in the real estate market, and waterfront is limited. Looking for a great deal in a waterfront property, it is necessary that you are always on the go, ready to look, and ready to committ when the right home come along. Though market demand diminished a few years back, reduced inventory, and lower prices have brought the market to life sooner than anyone expected and the future is looking bright. Sales and pirices are both rising and with no land available to built on Fort Lauderdale Waterfront looks like a great place to invest.
Types of Fort Lauderdale Waterfront
Waterfront Real estate in Ft. Lauderdale can be classified into the following categories:
• Ocean Front Homes – These homes are limited in number and present a direct view of the spellbinding ocean. However, with no canal access, there is no place to park a personal boat. But, with that said, the view is SPECTACULAR and this is all about beachfront living, not boating. Expect to see price starting over $2,000,000
• Canal Front Homes With Fixed Bridges – These homes provide access to the ocean via canals and sometimes can be as much as a one hour ride to open water. The presence of fixed bridges in these area restricts cruising with larger boast. However, these houses work best if you can make do with only a smaller boat, and are working with a smaller budget. Boaters in these areas need to consider the height of nearby bridges during both high and low tides to ensure safety. Proximity to the inlet and the average depth of canals are also important considerations when living here. Perfect for a small days boat and prices can start in the $300,000 range
• Canal Front Homes With No Fixed Bridges - These homes are the true definition of luxury and posh living as they offer ocean access with no bridges and a short amount of time. Live like a king with your sail boat or motor yacht docked in your backyard ever ready for an evening cruise. Expect to see price starting in the $700,000 range but escalting quickly in the finest areas of Fort Lauderdale
• Lake Front Homes– Though these homes do not have access to local waterways and often do not allow boating. They are all about hving a view. Ideally suited in terms of budget and the desire to wake up each morning with a view that reminds you, you are living in South Florida.
Price Considerations
The price of a waterfront home in Ft. Lauderdale is corilates to their proximity to the water inlets. Properties that offer boat access through the Port Everglades Inlet or Hillsboro Inlet are generally priced higher as compared to houses that do not have a direct ocean access. The presence of fixed bridges also inhibits the usage of yachts or sailboats and this too affects the value of the home. Reach out to you local Fort Lauderdale realtor and inform them about the boat that you want to own and things that are most important to you in your next home. A home in Fort Lauderdale can go a long way in providing you with the vacation home that you have been dreaming about as well as a great investment. With the ‘Fort Lauderdale Boat Show’ lined up at the end of October, and signs of the market having turned now is a great time to buy a waterfront home in Fort Lauderdale! With prices rising, along with the number of sales closing, its a great time to stop dreaming about Fort Laudedale Real Estate.
