Fort Lauderdale is aptly named “Venice of America” due to the many canals and the bodies of water occupying a focal point in all property and development in Fort Lauderdale. The real estate marketplace in Fort Lauderdale has strengthened considerably since 2011 and from the 2012 period to now prices have increased by upwards of 25% and continue to rise. fDi Magazine announced its’ Top 10 Small American Cities of the Future and Fort Lauderdale was ranked number 7, yet another reason the real estate prices will continue to rise, and Fort Lauderdale is prized for more luxury development.

fDi is a foreign direct investment publication that ranks cities according to demographic data collected on economic potential, human resources, cost effectiveness, infrastructure, business strategies, and FDI strategy among 422 cities. Fort Lauderdale is in excellent company and the other cities in the top ten are, Sunnyvale, CA, Durham, NC, Irvine, CA Chattanooga, TN, Stamford, CT, Guelph, Ontario, Cary, NC, Ann Arbor, MI, and Fremont, CA. The Mayor of Fort Lauderdale, Jack Seiler, released this statement regarding this recent ranking, “This new ranking by fDi Magazine serves as an international recognition that the city of Fort Lauderdale is continuing to move forward on the right track. The city’s sound fiscal management, progressive economic development initiatives and long-term infrastructure investment strategies have created a high level of optimism that is triggering billions of dollars in private and public investment.” This is incredible news for Fort Lauderdale, and an honor.

We are pleased to announce a price reduction on the incredible and sophisticated urban townhome at The Hammock. Formerly listed at $1.19 million, this reduction is quite substantial, and we do not expect a property of this caliber to remain on the market long. The home has lush foliage and has a stunning pool with a cascading fountain, which is rare for a townhome. This is no ordinary townhome, to be sure. It has 2,962 square feet of interior space and within it are three bedrooms and three baths.  Some of the unbelievable features of the home are a  theatre with stadium seating, and night club with custom lights, lasers, and fog. It is custom from top to bottom finishes, and truly is a sight to behold.

 This property is located in Victoria Park, which is one of the most desirable neighborhoods in Fort Lauderdale.  Victoria Park is an enclave of Downtown Fort Lauderdale and it has the mix of architecture that is most aptly described as modern meets old Florida. The school districts are excellent and the city is moments away, you really could not have a better location. Dining, shopping, and schools are all walking distance or a short drive, yet the neighborhood retains a sense of community that one would find in a small town. Families, young professionals, and retirees, all will find Victoria Park appealing. The Fort Lauderdale International Airport is a mere 15 minute drive away, for those buyers looking for a second home as well.  For more information on this listing or other listings in Victoria Park contact us today

We are pleased to announce our latest beachfront listing, 209 North Fort Lauderdale Blvd Residence 6A. This listing is directly across from the white sand Fort Lauderdale Beach and perfectly situated for morning and evening strolls to boutiques and dining.  This complex has all the requisite amenities for a beachside residence one could hope for, and more, with outdoor community grill, glistening pool, full gym,  community room, including billiards and ping pong, and 24 hour security.  Enjoying boating, wave runners, water taxis, and more is as simple as walking out of your front door. This really is in the heart of Fort Lauderdale Beach and the listing is in pristine condition.

 The 6A residence has two bedrooms and two baths, a spacious and open floorplan, within a total of one thousand five hundred and fifty square feet. Views from the wraparound balcony include vistas of the Intracoastal and Atlantic Ocean.  The eastern exposure allows breathtaking sunrises and it has been perfectly maintained. The flooring is tile, which is a prevailing style for beach front condos and the kitchen features elegant charcoal granite countertops, with plenty of room for those with culinary expertise or simply curiosity.  Bedrooms are carpeted and all of the interior colors are complimentary nude colors which allow full appreciation of the incredible views. This property is listed at $399,000, and for this price, in this location, we do not expect it to remain on the market long. For more information or residences in this area, contact us today.

The Nurmi Isles, located within prestigious Las Olas Isles has a unique history that differentiate it from some of the other developments in South Florida. Victor Nurmi took $250,000 and bought the land that is now Nurmi Isles and developed them into Royal Palm, Nurmi Drive, and Islands 1 and 2, and slated them for estate homes. Fiesta Way, the third island was for single family homes, and the fourth Island, the Isle of Venice, was slated for apartments and hotels. Today, these waterfront homes and lots are listed for millions and millions of dollars and Fort Lauderdale is widely known as the yachting capital of the United States. With so many lots with immediate access to deep water fishing and very few fixed bridges, yachts of incredible girths and lengths make their way easily around these waters.

We are pleased to announce a rare development opportunity on the third island, Fiesta Way. With the current inventory in Fort Lauderdale, finding existing single family homes is becoming quite challenging, and the construction prices are still quite reasonable, so this potential chance to build on a historic island with incredible waterfront access is really exciting. This land has no fixed bridges and is on a deep wateront lot. The available  lots are 31, listed at $1.037 million and 35, listed at 1.037 million, on Fiesta Way and will afford the builder or new owner an incredible 180 feet of total waterfront and is 120 feet deep.  Vacant land opportunities such as this are incredibly rare in today’s market in Fort Lauderdale, and this could be a chance to build a dreamhome, in heart of Fort Lauderdale. For more information on these properties, contact us today.

If you are looking to take advantage of the incredibly deep ocean fishing in what is called the “Venice of America”, yet are not looking for the commitment of a single family home, welcome to luxury living at Hendricks Isle Retreat. Located in the highly desirable Las Olas Isles neighborhood of Fort Lauderdale, this waterfront townhome development is ideal for boaters since it has deep waterfront docks, with no fixed bridges and it is only minutes to the intracoastal. The development, like mainly in Fort Lauderdale, is Mediterranean in design and is located with easy access to the Fort Lauderdale International Airport and a number of executive airports for those looking for a second home.

Our featured home in this exclusive development is 101 Hendricks Isle.  Those unfamiliar with the luxury waterfront townhomes in Fort Lauderdale will find this is hardly a compromise in amenity or function from a single family home. This property has a two car garage, an elevator to each floor, and is a spacious 3,100 square feet of interior space.  Built in 2008, this relatively new home is impeccably maintained with the latest upgrades in appliances, custom cabinetry, and a lavish master suite.  It has 3 bedrooms and 3 baths total, and additional entertaining areas such as a great room, rooftop terrace, and elegant lanai. The home is listed at $1.295 million and with the constricted inventory in Fort Lauderdale, we expect it to sell very quickly. For more information on this home and other opportunities, contact us today.

"What is value? And who—or what—determines it?" asks Coldwell Banker Previews International® in its 2013 Luxury Market Report. As one of the nation's leading luxury real estate authorities, Previews examines the concept of value in today’s vast, diverse and global luxury real estate world in the robust 29-page report, released today. Here is a snapshot of what's inside:

• The Luxtimate: Pricing Homes in the $10 Million+ Market - Recent ultra luxury buyer demand and record-setting sales exceeding $100 million have naturally caused curiosity about how value is determined for ultra luxury estates that defy the traditional notions of comparability. Previews examines the methods behind determining value for these rare properties via interviews with appraisal experts and Previews specialists.

• The Previews Trend Report: Six Communities that Offer Great Value for Luxury HomeBuyers - Whether affluent consumers are purchasing a $10 million waterfront estate or a $1 million mountain retreat, they are not immune to desiring a good value—even if they can afford to live anywhere they want. That is why Previews has selected six communities nationwide in the $1-2 million, $2 million+ and $3 million+ categories that deliver luxury value for their metropolitan area when it comes to pricing, sales data and amenity offerings.

• Domestic Spotlights: Chicago and New York - Previews takes a closer look at what is considered 'value' in two U.S. markets: Chicago and New York. Manhattan luxury home sales have continued to make headlines--so it should come as no surprise that the city has continued to see record sales of luxury condos in 2013. Meanwhile, the Chicago area has begun see economic improvement as luxury high-rise development has started to return and the unemployment rate has dropped from 2011.

• International Spotlight: Australia - The luxury real estate market in Australia, and specifically Sydney, is highlighted by several positives: the country has some of the most expensive cities in the world to live in, plus economic growth throughout the country has led to inflation and currency strength. However, Sydney’s “prestige” housing market has seen lower prices and fewer sales than at the peak of the market five years ago. That's all beginning to change in 2013 as more sellers are meeting the market on price.

• Previews Top Ten Report - Find out which cities and ZIP codes made Previews' Top Ten list with the most luxury home listings and sales in three distinct price points: $1,000,000+, $5,000,000+ and $10,000,000+.

 For the Full Length 2013 Previews Report, Click Here! http://www.previewsinsideout.com/news