For a while now, real estate professionals and developers have been saying that Fort Lauderdale is the next hot property location. It’s quickly becoming as popular as Miami, and the rise in prices in the area, along with the rise in interest, are evidence of this. In fact, two most recent listings in Fort Lauderdale were listed for a whopping $32 million, making it the most expensive homes in the area’s market… by quite a bit. The next home on the list is asking $25 million, and it is located in the same high-end area of Rio Vista.
What Do These Homes / Estate Offer?
Located at 1600 Ponce de Leon Drive in Rio Vista, the estate certainly does have plenty to love and even more to offer. It comes with 500 feet of waterfront space, along with two acres of gardens. It’s in a gorgeous location and the size of the property, along with the greenery, will help to give the residents a feeling of privacy that they might not be able to get elsewhere. The design of the estate certainly has a Georgian feel to it, and that’s no accident. The meticulous and beautiful garden design comes from Raymond Jungles, who has a reputation for taking landscape architecture to the next level.
The mansion, built in 2007, is 16,022 square feet and features eight bathrooms, three half baths, and eight bedrooms. It also sits on the largest piece of land in the city dedicated to a single-family home. The home also has a range of luxury features including a wine cellar, a clubroom, a guest house, a workshop, office, and a garage that can hold up to nine cars. One of the other interesting features of the home is that it’s next to the home of H. Wayne Huizenga, who used to own the Miami Dolphins.
Another one of the reasons that this mansion and estate can fetch such a high price is the location. Even though it has a feeling of being entirely private, it’s still part of the downtown area, and it is quite easy to get to many different locations quickly and easily. People will pay for this convenience, and when coupled with everything else that the mansion has to offer, it’s easy to see just why $32 million is not out of the question.
The second property is located at 5 Harborage Isle Dr and is positioned on 3 lots in the exclusive guard gated harborage isle development in Fort Lauderdale. This property was built in 2007 and just got listed on September 15th, 2015. It is over 17,000 square feet which comes to about $1,878 per square foot. It sits on a wide intracoastal waterways and offers immense city views. In addition, it offers dockage for a mega yacht of over 500 feet! The 6 bedrooms, 7 bathrooms estates features rotunda entry, double staircase, elevator, imported marble, onyx & hardwood flooring throughout, 24 feet floor-to-ceiling windows, 5 fireplaces, wine room, bar, home theater, office, gym, tennis court, cabana, summer kitchen, infinity pool & more. This is a must see if you’re looking for that caliber home.
The real estate market in Fort Lauderdale has gotten a lot stronger as it is today. The number of homes selling for more than a million dollars keeps on rising year after year. In today’s market, there is a much better chance of selling the super high-end properties at these prices.