Places

Why Now is the Time to Invest in Fort Lauderdale Real Estate

by Elliman Editors

January 2018

As Fort Lauderdale’s local economy grows, so does interest in the Fort Lauderdale real estate market. Right now, investor demand and capital availability are set to increase next year, new businesses are opening and job opportunities are on the rise. What’s behind this phenomenal rise in Fort Lauderdale’s current real estate trend? Its reputation as the yachting capital of the world has long-secured Fort Lauderdale as a popular tourist destination for affluent travelers. But, it’s also quickly becoming a destination for luxury living . “We’ve seen major developers that have typically done work in Miami and New York shifting their focus to the Fort Lauderdale market, including projects as notable as the Four Seasons,” says Jay Phillip Parker, CEO of Douglas Elliman’s Florida Brokerage. “They have recognized the need and opportunity to develop the product type that is commensurate with the discerning demand and expectations of a global traveler and buyer.” Here is a closer look at some of our luxury Fort Lauderdale properties on the market today that you can invest in. The Four Seasons Private Residences Fort Lauderdale Price: Varies 1 to 4 Bedrooms The Four Seasons Private Residences in Fort Lauderdale rises dramatically above the ocean. It represents the height of luxury living, with a spa, fitness center, oceanfront terrace, luxury cabanas and a pool bar, among other amenities. The building has 90 residences featuring one to four bedroom units each. They range in size from approximately 780 square feet to more than 6,000 square feet, with some touting 20-foot ceilings. Douglas Elliman Development Marketing is handling the exclusive sales and marketing for this residence. View the full description of The Four Seasons Private Residence , or schedule a tour with Dan Teixeira or Rachel Hirt-Beresh . 112 South Gordon Road Fort Lauderdale Price: $5,500,000 5 Bedrooms | 6 Bathrooms | 1 Half Bathroom Those who prefer their own pool will appreciate this five-bedroom, six-and-a-half-bathroom estate on Gordon Road. Featuring a gourmet kitchen, massage room, custom spa, salon and wine storage, it can house any luxury you can think of. For those who love the outdoors, there’s an oversized-resort style pool and an expansive balcony circling the entire east side of the house. View the more photos of 112 South Gordon Road , or schedule a tour with Don Colonello . 1 North Fort Lauderdale Beach Boulevard Fort Lauderdale Price: $11,000,000 3 Bedrooms | 3 Bathrooms | 1 Half Bathroom A big selling point for Fort Lauderdale is its beautiful waterfront. This three-bedroom, three-and-a-half-bathroom home has over 4,000 square feet of a wraparound balcony offering infinite views of the Atlantic Ocean and Intracoastal Waterway. It also has an top-of-the-line outdoor kitchen, lush gardens and a jacuzzi. View more photos of 1 North Fort Lauderdale Beach Boulevard , or schedule a tour with Dan Teixeira or Howard Elfman . 9 Isla Bahia Drive Fort Lauderdale Price: $39,000,000 6 Bedrooms | 10 Bathrooms | 7 Half Bathrooms Fort Lauderdale has been called the Venice of Florida and the world’s yachting capital. Some of the highest-end properties have parking spaces for your yacht. Take this 6-bedroom, 10-bathroom stunning mansion for example. Situated on 300 linear feet of water frontage, its back patio includes an in-ground pool and there’s a large side yard. The inside is outfitted with a grand foyer, gourmet kitchen, spacious master suite, and a separate ballroom. Additionally amenities include a theater, game room, wine storage and gym to help you stay happy and healthy while you enjoy every square foot of your home. View the full description of 9 Isla Bahia Drive , or Chad Carroll for more information. 709 Idlewyld Drive Fort Lauderdale Price: $10,900,000 11 Bedrooms | 14 Bathrooms Yacht owners will love this sprawling, impeccably designed 7-bedroom, 12-bathroom mansion that has deep water frontage. This is one of the largest private homes you’ll find in Fort Lauderdale with floor-to-ceiling windows, ornate fireplaces, soaring ceilings and impeccably designed interiors. In the kitchen, two separate islands are decked out in white marble countertops, while upstairs the frameless all-glass shower in the master bathroom provides a truly unique feature. This is the pinnacle of South Florida luxury. View the full description of 709 Idlewyld Drive or schedule a tour with Niki Higgins . Ready to see more? Take a look at all our exclusive Ft. Lauderdale properties on the market today.