Situated on the Gold Coast of southern Florida just north of Miami, Fort Lauderdale is nicknamed the Venice of America because of its network of Intracostal waterways. Fort Lauderdale homes for sale present the buyer with a wide range of on the water and near-water living options.
With a median home price of $251,000, an increase of 21% from August 2002, Fort Lauderdale homes for sale show strong activity in most price ranges.
Waterfront Fort Lauderdale homes for sale on the East Side of the city are priced in the $400,000 to $600,000 range. Fort Lauderdale homes for sale on the Atlantic Ocean coastline carry price tags of $750,000 or higher, particularly for larger, luxury homes. North of downtown, Fort Lauderdale homes for sale start around $600,000 for homes built in the 1950s and 60s.
The trend in Fort Lauderdale homes for sale is teardowns, particularly in higher-end neighborhoods where buyers purchase older properties, raze the existing house and rebuild, generally going bigger.
New home construction in the gated community of Biltmore Estates offers single-family Fort Lauderdale homes for sale from $225,000 to $345,000. Prices in Admiral's Cove range from $800,000 to $2.5 million. The Artesia community sells condo units priced from $200,000 up to $400,000. And in Miramar, the condo community of Silver Falls offers Fort Lauderdale homes for sale beginning in the mid-$100s.
Nearing completion and approximately 90% sold, Water Garden condo development in the trendy Las Olas area offers Fort Lauderdale homes for sale from $300,000 to over $700,000, including some penthouses.
Learn more about Fort Lauderdale and Fort Lauderdale homes for sale at these sites:
The City of Fort Lauderdale http://www.ci.fort-lauderdale.fl.us/
The Fort Lauderdale Chamber of Commerce http://www.ftlchamber.com
Fort Lauderdale local newspaper http://www.sun-sentinel.com