Fort Lauderdale FL Real Estate
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Fort Lauderdale, FL Real Estate

Millions of people already know and appreciate the benefits of living in Fort Lauderdale, Florida. In addition to its permanent population Fort Lauderdale, FL has millions of visitors every year, many of whom chose to rent a property rather than pay for a hotel. You can, too. Whether you're living in a cold climate and need a few weeks to thaw out, or you're planning on moving to the area permanently, our real estate agents can help. Browse through our pages and see if this is something you would like to make happen.

Fort Lauderdale, Florida: The Venice of America

Downtown Fort Lauderdale Fort Lauderdale is the capitol city of Broward County, Florida and is located on the Atlantic coast of the Florida peninsula. Fort Lauderdale takes its name from a series of forts named for Major William Lauderdale that were built during the Second Seminole War. Its nickname, "the Venice of America" comes from its extensive network of canals that deal with the runoff from the Everglades. There are over 165 miles of waterways within the city limits alone. The temperature is at least in the 70s year-round. Bad weather is generally limited to flash afternoon thunderstorms except during hurricane season, from June 1st to November 30th.

Fort Lauderdale, FL's economy is based almost entirely around tourism. The current population of 172,000 is augmented yearly by over ten million tourists, boaters, and retirees looking to winter in a tropical climate. As a result there is a high concentration of hotels, time-share condos, night clubs, restaurants, marinas, and beaches. Fort Lauderdale used to be popular with college students on spring break but in recent years the city has curbed that trend in favor of more affluent and well-behaved visitors. Fort Lauderdale now welcomes large numbers of retirees and LGBTQ community. It was even rated the "best gay resort town" by PlanetOut.

Health care in Fort Lauderdale, Florida is first rate, which is a major boon for senior citizens looking to winter or move there. Its hospitals are operated by the North Broward Hospital District, which is the third largest consortium in the United States. Fort Lauderdale is also a major center for the building and repairing of yachts due to the number of boating enthusiasts who make their homes there, as well as the numbers of visiting boaters. Fort Lauderdale has over 100 marinas housing 42,000 boats and hosts the world's largest international boat show on a yearly basis.

Neighborhoods and Home Styles in Fort Lauderdale, FL

Marina-side Properties Fort Lauderdale, FL has a neighborhood recognition program wherein neighborhood organizations must apply to the city for official recognition as a neighborhood. There are over sixty neighborhoods in Fort Lauderdale registered under this program and an additional thirty that have not been officially recognized. Many of these neighborhoods are newer planned developments or gated communities featuring new condos or time shares. Others are older, more heterogeneous suburban neighborhoods populated by single-family homes, and still others are more built-up areas near downtown that have a lot of apartment complexes. Whatever you're looking for there's a neighborhood here that has it.

Fort Lauderdale, Florida is a mecca for tourists and "snow birds," or retired people whose primary homes are up north and retreat south during the winter for health and relaxation purposes. Most of these people stay for longer than a week or so, which would make lodging at a hotel extremely expensive. Therefore many choose to occupy a rental property or buy a time share on a condominium. The real estate market in Fort Lauderdale reflects this, as in recent years most of the development has been in this vein.

Because of its popularity, there is a demand for space and resources in Fort Lauderdale, Florida which makes the cost of living there fairly high compared to the national average. Real estate prices reflect this. Single family detached homes cost an average of $513,000, while townhouses and condos on average can range from $423,000 to $435,000. Renters pay around $900 per month for their apartments on average.

Contact a Fort Lauderdale, FL Real Estate Agent

Fort Lauderdale, Florida is a friendly city and our real estate agents are its ambassadors to the world. Nothing would make them happier than to make you happy, so don't hesitate to contact them if you have any questions on the real estate market or simply want to get the ball rolling on finding a property.

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Monday, August 2, 2021