A picture is worth a thousand words, in this case it’s an 8 year snapshot of the Broward County real estate market….the peak of the market was March 2005 when we had the lowest supply of inventory of single family homes in Broward County including the cities of: Fort Lauderdale, Davie, Plantation,Weston, Hollywood and Hallandale Beach.  It was a extreme Seller’s market, inventory steadily increased and peaked in April of 2008 and has since been declining and we now have the lowest amount of inventory we have seen in sometime.  It’s now challenging to find “Good Inventory”and it’s all about “Supply & Demand”, especially in the key communities and developments like: Las Olas, Rio Vista, Harbor Beach, Weston, Windmill Ranches, Hollywood Lakes, Harbor Islands and Golden Isles.

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There were 2 closed sales this week on the same day in Harbor Islands.  The first was my listing located in Grand Harbor Estates 1490 Windjammer Way that closed for $1,370,000.  The other was 1016 Sanibel Drive in Harborside for $1,750,000.  Sales are picking up in Harbor Islands, year to date there have been 23 closed sales and there are currently 3 pending sales and 2 more about to go pending.  Harbor Islands appeals to a broad range of Buyers as price points range from the high 400’s to 5MM.  There are approx. 480 homes in the Harbor Islands Community and there are currently a total of 37 homes on the market.

1490 Windjammer Way

Dry Lot, 5 Bedrooms, 5.5 Baths, 4,674 sq.ft. under air.  Sold $1,370,000 (10/15/2009)

1016 Sanibel Drive

Waterfront, 5 Bedrooms, 4.5 Baths, 7,269 sq.ft. under air. Sold $1,750,000 (10/15/2009)

For those of you who might be unfamiliar with Harbor Islands, it is a 192-acre private gated waterfront community in Hollywood Florida composed of eight sub-communities.  You can select a home to fit your own personal budget with prices ranging from $450,000 up to $5,000,000.  Amenities in the community include a deep water Marina with 196 boat slips that can accommodate boats from 20-120 feet, Joe DiMaggio Park, Tennis and Fitness Center/Spa.  One of the unique things about  Harbor Islands is that it’s one of the only waterfront gated communities with private streets east of I-95 & US1.

New Listing Featured below is located in “Harbor Pointe” , the newest community in Harbor Islands located next to the Marina with Intracoastal Waterfront Homes as well as Non-Waterfront homes.

1320 Hatteras Court

Quick Facts:
5 Bedrooms
6.5 Baths
Living Area Sq.ft.: 4,950
3 car garage

List Price: $1,550,000

There are currently 5 Active properties in Harbor Pointe, the featured listing above (non-waterfront) and 4 others on the Intracoastal waterfront.  See all the Active Listings in Harbor Pointe.  There has been 1 closed sale this year in Harbor Pointe and it was a Bank Owned Foreclosure that sold 2 days ago on September 14, 2009 for $3,200,000 it was a 6BR, 9.5BA 8,519 sq.ft. waterfront home which included the only 100 foot deeded dock at the marina, all the rest of the docks at the marina are only available for lease.

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There are currently 28 single family homes and 16 townhomes on the market in the private gated waterfront community of Harbor Islands.

Breakdown Harbor Islands single family homes

The most expensive single family home in Harbor Islands is actually a foreclosure in Harbor Pointe, the home is currently listed for $4,200,000 and it is a 6 Bedroom, 9.5 Bath waterfront home with over 8,500 sq.ft., it was previously listed for $6,750,00 and was reduced in price last week to the current $4,200,000.  The least expensive single family home is a 2 Bedroom, 2 Bath 1,570 sq.ft. home going for $449,000 (dry lot).

Breakdown Harbor Islands Townhomes

The most expensive townhome in Harbor Islands is selling for $910,000 it is a 4 Bedroom, 4 Bath with 3,287 sq.ft..  The least expensive townhome is $499,500, 3 Bedroom, 2 bath and 2,129 sq.ft. (both dry lots)

2009 Harbor Islands single family home sales

There have been a total of 5 closed sales so far this year and there are currently 2 pending sales.  The highest sales price so far this year was 1449 Commodore Way in Commodore Estates for $1,520,000 (dry lot) and closed 6-22-2009, a 6 Bedroom, 4.5 Bath, 4,747 sq.ft. home.   The lowest sales price so far is $625,000 (dry lot) and closed 1-30-2009, a 4 Bedroom, 3 Bath, 2,659 sq.ft.

How does this compare to last year (2008)?

*At this same time last year there were only 2 single family closed sales

2009 Harbor Islands Townhome sales

There has been a total of 3 townhomes that closed this year.

938 S Harbor View: Sold: $440,000, 3 Bedroom, 2 Bath, 2,749 sq.ft. (dry lot)
989 N. Harbor View: Sold: $530,000, 3 Bedroom, 2.5 Bath, 2,749 sq.ft. (waterfront)
808 E. Spinnaker Drive: $660,000, 3 Bedroom, 3 Bath, 2,648 sq.ft. (dry lot)

How does this compare to last year (2008)?

*At this same time last year there were 4 closed townhome sales

Search available listings in Harbor Islands

In today’s competitive Hollywood, Florida real estate market, home sellers deserve the absolute best in terms of property visibility. You really do deserve the most sophisticated marketing plan for your South Florida property. And sophisticated South Florida buyers are targeting Golden Beach, Hallandale, Aventura and Hollywood luxury neighborhoods with pinpoint accuracy. How is this possible?

National Websites & Smart Phone Tools for South Florida Home Buyers

While it’s important for a South Florida real estate agent to provide typical neighborhood information like area maps, easy to use South Florida MLS property search tool, offer neighborhood information and hyper-local market stats on their personal websites, tech-savvy buyers are using even more creative resources to access South Florida neighborhood listings. In addition to my personal South Florida real estate website at BuySouthFlorida.com, a few of the creative ways I make sure your listing is exposed to the masses includes the use of high-traffic national websites, smart phone applications and of course, this South Florida real estate blog.

Creative Hollywood, Hallandale, Aventura, and Golden Beach Property Marketing Strategies

Below are a few strategies and tools used to market your Hollywood, Aventura, Golden Isles or Golden Beach property.

What Do You Expect?

What other creative marketing tools and strategies would you expect to see take place if you were to place your South Florida home on the market?

Harbor Islands Hollywood Florida YTD Statistics:

Harbor Islands Single Family Home Market Statistics:

Number of current Active Listings: 26
Highest Priced Listing: $3,275,000 (Waterfront, 5 Bedroom • 7 ½ Bath, Approx. 7,219 sq.ft.
Lowest Priced Listing: $499,000 (Non-Waterfront, 3 Bedroom • 2 Bath, Approx. 1,592 sq.ft.
Number of Sales this year: 8
Pending Sales: None
Highest Sales Price YTD: $3,200,000 (Waterfront, 7 Bedroom • 6 ½ Bath, Approx. 5,721 sq.ft.
Lowest Sales Price YTD: $440,000 (Non-Waterfront, 3 Bedroom • 2 Bath, Approx. 2,289 sq.ft.

Harbor Islands Townhouse Market Statistics:

Number of current Active Listings: 9
Highest Priced Listing: $1,099,900 (Waterfront, 3 Bedroom • 2 ½ Bath, Approx. 3,356 sq.ft.)
Lowest Priced Listing: $551,000 (Non-Waterfront, 4 Bedroom • 2 Bath, Approx. 2,402 sq.ft.)
Number of Sales this year: 5
Pending Sales: None
Highest Sales Price YTD: $815,000 (Waterfront, 2 Bedroom • 2 ½ Bath, Approx. 1,937 sq.ft.
Lowest Sales Price YTD: $448,000 (Non-Waterfront, 3 Bedroom • 2 Bath, Approx. 3,126 sq.ft.

To receive periodic information regarding the Harbor Islands Hollywood Florida community subscribe to my blog.

Scott Patterson
Phone: 954.661.8871

*Information obtained from the Southeast Florida MLS and Broward County Tax Records

The Highest Sale Price In Harbor Islands:

The Highest priced sale in Harbor Islands sold back in March of 2006 for $3,415,000 to a Russian buyer and is located in “The Estates” section of Harbor Islands with one of the largest lots in the community at 19,458 square feet making it nearly half an acre. Below are the details:

Highest Priced Sale “The Estates” at Harbor Islands

Address: 1200 Harbor Court Hollywood, Florida 33019
Sales Price: $3,415,000             
Sales Date: 3/20/2006
Bedrooms: 6
Baths: 6 ½
Square Footage: 5,466 sq.ft.
Price per sq.ft.: 625 per square foot
Lot size: 19,458 sq.ft.
Waterfront: Yes 
Description: Point Lot, Located on a fixed bridge

A total of 3 sales over 3 Million have been recorded in the Harbor Islands community, the two others are:

Address: 1466 Commodore Way Hollywood, Florida 33019 (Commodore Estates at Harbor Islands)
Sales Price: $3,200,000
Sales Date: 5/15/2008
Bedrooms: 7
Baths: 6 ½
Square Footage: 5,721 sq.ft.
Price per sq.ft.: 559 per square foot
Lot size: 14,028 sq.ft.
Waterfront: Yes
Description: Point Lot, over 147 of Water frontage & Dockage

Address: 1110 Hatteras Lane Hollywood, Florida 33019 (Harbor Pointe at Harbor Islands)
Sales Price: $3,150,000                                  
Sales Date: 7/10/2007
Bedrooms: 6
Baths: 7 ½
Square Footage: 5,942 sq.ft.
Price per sq.ft.: 530 per square foot
Lot size: 11,232 sq.ft.
Waterfront: Yes
Description: Point Lot on the Main Intracoastal Waterway & 137 of Water frontage

*Information obtained from Broward County Tax Records

If you would like to keep up to date on the Harbor Islands Hollywood Florida Real Estate Market Subscribe to my Blog.

Harbor Islands Loggerhead Marina – Hollywood Florida

Convenient Dockage For Your Vessel In The Harbor Islands Marina

Harbor Islands located in Hollywood Florida is a gated waterfront community.  Harbor Islands offers a vast array of amenities including a 190-slip marina named Loggerhead Club and Marina.  The slips are not for sale but they can be leased daily, weekly, monthly, seasonally or annually and is open to the public.  The rates are based on slip length or boat length, whichever is greater and the marina can handle up to 120 foot yachts.  The depth at low tide is approximately 8 feet and the slips range in size from 30 to 120 feet.

Loggerhead Club and Marina within Harbor Islands Amenities

• 30, 50, 100 amp electrical services
• Pump out service
• 24 hour security
• Air conditioned, marble tiled restrooms, showers and laundry facilities
• Health club with pool, spa, sauna and tennis
• Ships Store
• Captain’s Lounge with internet access
• Mail Services
• Dockhands

If you own are a boat owner, Harbor Islands has many waterfront homes with deeded docks and boat lifts but the convenience of the marina is that you don’t have to own a waterfront property to be able to dock your vessel when you live in Harbor Islands.  The Marina is centrally located between Miami and Fort Lauderdale with convenient ocean access, nearby beaches and a variety of restaurants offering waterfront/dockside dining along the intracoastal waterway.

Scott Patterson

Harbor Islands and Hollywood Florida Real Estate

Harbor Islands Hollywood Florida

Harbor Islands is the only gated waterfront community in East Hollywood Florida.  This 192-acre, gated community is composed of waterfront estates, executive homes and distinctive townhomes.  Within Harbor Islands there are a total of 8 sub-communities, which include Edgewater, Harborside, Harborview, Grand Harbor Estates, Harbor Pointe, Commodore Estates and Admiral’s cove.  Amenities such as Grand Clubhouse, Logger Head Club and 90-Slip Marina, Tennis Center, 20-Acre Park with biking and jogging trails are all at your doorstep when you choose Harbor Islands as the place to call home.

Harbor Islands Real Estate And Sub-Community Information

Admirals Cove at Harbor Islands:

This community within Harbor Islands offers 48 luxurious townhomes and villas in the price range of $500,000 to 1,000,000.  The floor plans of the residences, built between 2002-2004, range from 2,150-3,290 square feet and include 3-4 bedrooms with 2.5-3 bedrooms and 1-2 car garages.

Commodore Estates at Harbor Islands:

Commodore Estates within Harbor Islands offers 29 luxurious two-story Mediterranean-style homes in the price range of $1,475,000 to $3,200,000.  The floor plans of the residences, built between 2000-2004, range from 3,700-4,875 square feet and include 4-6 bedrooms with 4-6.5 bathrooms and 2-3 car garages.

Edgewater at Harbor Islands:

Comfortable living exists in 139 residences within Edgewater, in Harbor Islands. This is a truly executive retreat, from the residence 6’ privacy wall and 8’ village wall to the underground utilities, leaving the streets beautiful and uncluttered. Potential residents can choose from a variety of one and two-story floor plans priced between $450,000 to $1,350,000, with approximately 30% of them waterfront. The floor plans of homes, built between 1996-2000, ranges from 1,500-4,000 square feet and include 2-5 bedrooms with 2-4 bathrooms.

Grand Harbor Estates at Harbor Islands:

Grand Harbor Estates offers you the advantage of living in one of the newest communities in Harbor Islands. It is also one of only two communities within Harbor Islands that offers direct Intracoastal waterfront access with deeded docks as well as non-waterfront homes. Residents can choose from 39 luxury Hollywood, Florida residences in the price range of $1,400,000 to $3,400,000. The floor plans of the residences, built between 2003-2006, range from 3,700-5,500 square feet and include 4-6 bedrooms with 3.5-6.5 bathrooms and 2-3 car garages

Harbor Pointe at Harbor Islands:

The newest community in Harbor Islands, Harbor Pointe, is only one of two that offers deeded docks direct Intracoastal waterfront. This community within Harbor Islands offers 28 luxurious two-story Mediterranean-style homes in the price range of $1,900,000 to $3,200,000. The floor plans of the residences, built between 2002-2006, range from 3,700-6,700 square feet and include 4-6 bedrooms with 4.5-7.5 bathrooms and 2-3 car garages.

Harborside at Harbor Islands:

Live in one of the largest waterfront communities within Harbor Islands at Harborside. Potential residents can choose from 86 waterfront & non waterfront one and two-story floor plans in the price range of $1,000,000 to $3,000,000. The floor plans of the residences, built between 1999-2001, range from 3,000-6,600 square feet and include 3-5 bedrooms with 2.5-4.5 bathrooms and 2-3 car garages.

Harborview at Harbor Islands:

Harborview at Harbor Islands is a Mediterranean-style townhome community containing 84 townhomes and villas with interlocking brick paver driveways, entry walks & patios in custom-blended shades as well as street address plaques composed of ceramic. Potential residents can choose from a variety of waterfront and non-waterfront one and two-story floor plans priced between $485,000 and $1,200,000. Some have deeded docks, while others have street or poolside views. The floor plans of the townhomes and villas, built between 1999-2001, range from 1,770-3,350 square feet and include 2-4 bedrooms with 2-3.5 bathrooms and 1-2 car garages.

The Estates at Harbor Islands:

The most exclusive waterfront living in Harbor Islands, this is why it is named  The Estates. It is very seldom when there is a home for sale in The Estates.  Buyers can choose from 27 waterfront homes with deeded docks  and only one dry lot in the community, price range are from $2,300,000 to $5,000,000. The floor plans of the residences range from 3,875-9,400 square feet and include 4-7 bedrooms with 3.5-7.5 bathrooms and 2-4 car garages and all built between 1999-2002.

Scott Patterson
Harbor Islands & Hollywood Florida Real Estate

Hallandale Square Project

600 E. Hallandale Beach Blvd.

The City of Hallandale recently approved plans for a five-story 380,000-square-foot retail project located at the southeast corner of Hallandale Beach Boulevard and Federal Highway (US 1).  Hallandale Square will include approx. 320,000 square feet of retail, 28,000 square feet of restaurants, a 749 seat movie theater and open atrium.  Developers estimate construction to begin late spring.  The pedestrian friendly project will focus on environmentally friendly materials and design.

Whole Foods Market Coming to Hallandale Beach Florida

Whole Foods Market will be coming soon to Hallandale Beach Florida  just around the corner from the waterfront community of “Golden Isles”.  Whole Foods will be one of the anchor tenants along with Cobb Theaters for the Hallandale Square Project which is located just north of the $1billion mixed-use project , Village at Gulfstream Park.  Currently there is an old shopping center where Tony Romas and The Knife restaurant are located along with other offices and retail.

Hallandale, Hollywood, Aventura and Golden Beach Seeing Fast Growth

Hallandale Beach Florida is changing fast and is yet another reason why I think the cities of Hallandale, Aventura, Golden Beach and Hollywood Florida along with sub-communities of Harbor Islands, Hollywood Lakes, Golden Isles, Presidential Estates, Aventura Lakes and Porto-Vita will be some of the key areas for growth and appreciation since they benefit from being “in the center of both market’s of Miami and Fort Lauderdale”.

You may access the City of Hallandale’s Current Development Activity List to find out about the major construction going on in the City.

Developers for Hallandale Square Project: Laura and Irwin Tauber principals of Taubco
Architect for Hallandale Square Project: Behar Font & Partners

Scott Patterson
Aventura Real Estate
Hollywood Florida Real Estate
Golden Beach Real Estate
Golden Isles Real Estate