A sure sign that the Fort Lauderdale Real Estate market is on a rebound is when you see new construction starting back up. Investment in Fort Lauderdale Real Estate is happening throughout the city. Currently in progress is a new 261-unit apartment community on East Sunrise Blvd. in Fort Lauderdale. The property will offer one, two, and three bedroom rentals. The project is slated to be completed next year. Developers are building rentals because they are safe investments and satisfy demand.
Another major construction project is slated to begin on N Federal Highway in Fort Lauderdale. This bustling area just South East of downtown and minutes from the beach is laced with shopping establishments of all kind and just about every type of restaurant you could ever want! This new condominium is slated to be a one tower, with 15 floors and 100 units. Situated right on the Intracoastal, this building is going to host amazing views of the Intracoastal and even the city.
On Hendricks Isle, just off of East Las Olas Blvd, is a 2-tower condo project with a combined 10 floors and 22 units. The first new construction deep water condominiums in nearly ten years were inspired by contemporary sophistication, revolutionary architecture and unparalleled standards of luxury. Dockage for boats up to 53' is included in many of the units. Open-floor plans, volume ceiling, floor to ceiling windows and sliders extend to a waterside balcony. Italian kitchen cabinetry, gas cooktops and upgraded appliances complete the finishing touch on the kitchens. The property features a saltwater pool, cabanas, electric car charging stations and smart technology equips this state-of-the-art address.
These new projects, from rental units, to moderate priced condos on the Intracoastal to high end luxury living on an isle, the outlook for Fort Lauderdale Real Estate is promising and bright, just like the beautiful weather in the sunshine state’s, “Venice of America”, Fort Lauderdale. Thinking about a real estate purchase in the Fort Lauderdale area, the team at Eric Miller and Associates is here to help with the latest updates on the Fort Lauderdale Real Estate market. This post was created by William Priest, licensed Fort Lauderdale Realtor and buyer specialist who can be reached directly at (954) 817-8135 or William@FortLauderdaleGroup.com