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.

Subscribe to my South Florida Real Estate Blog and get updated instantly!

I recently listed a 2-story penthouse in The Villas of Positano, a new oceanfront development in Hollywood Beach Florida with 200′ of pristine beachfront.  As soon as I walked into the grand foyer and lobby it was evident this was a luxury development with some of the finest finishes.  Some of the amenities include: elevated pool deck overlooking the ocean, exercise facility, concierge service, private garages for all the penthouses, grand foyer entry and lobby, terraces with ocean views, cabanas all within walking distance to the newly renovated Hollywood Boardwalk which underwent a renovation that was completed in 2007. The Promenade offers charming shops, cafes and restaurants.

Villas of Positano is centrally located just a short drive from Aventura, Fort Lauderdale and Bal Harbour and the Fort Lauderdale-Hollywood International Airport.

View Floor Plans at Villas of Positano

On April 30th the City of Hollywood Florida commenced the long awaited Hollywood Boulevard Improvement Project. The project will take nearly a year to complete and it’s main objective is to construct a median that will prevent direct crossing from north to south along the Hollywood Boulevard which has caused numerous accidents over the years. The landscaped median will be 19 feet wide and will span from the Intracoastal Bridge (recently renovated as well) to Downtown Hollywood, the project will also focus on improved drainage.  The Hollywood Lakes community will definitely benefit from the project which in addition to preventing direct crossing along Hollywood Blvd. will also add to the neighborhoods aesthetic appeal.

I went down to Hollywood Blvd. to capture the work in progress!

Read more about Hollywood and Hollywood Lakes!

Check out this month’s issue of the Aventura Magazine. I and other experts weigh in on the South Florida Real Estate Market including the local markets of  Golden Beach, Golden Isles, Aventura, Hollywood Florida and the surrounding areas.

Read the Article

For Local Real Estate information subscribe to my blog!

Since the beginning of this year there have been 9 closed sales with 3 being over $500,000 in the Hollywood Lakes, Hollywood Florida Area.  The statistics for the 3 closed sales over $500,000 are below.  This time last year there were only 3 closed sales all under $500,000, volume of sales are up.

My listing 915 N. Southlake Drive closed last Friday for $2,461,000 the listing price was $2,750,000.

915 N. Southlake Drive:  5 Bedrooms, 6.5 Baths, 100′ on the water & approx. over 5,700 sq.ft.

940 N. Northlake Drive: 5 Bedrooms, 4 Baths, Waterfront & approx. over 4,000 sq.ft. SOLD FOR $1,324,000 on 2/5/2009

1109 Hollywood Blvd. : 4 Bedrooms, 3 Baths, approx. over 2,300 sq.ft. SOLD FOR: $550,000 on 2/2/2009

View all the active listings in Hollywood Lakes in Hollywood Florida

The regulation (Fla. Stat. §718.111 (2008)), effective January 1, 2009, will require Florida condominium owners and their insurers to specifically name their condominium association as an additional named insured. In addition, the minimum amount of loss assessment coverage carriers must provide has been increased from $1,000 to $2,000.

Some of the major implications on South Florida condominium ownership include:

• Condominium associations may require each unit owner to provide evidence of a hazard and liability insurance.
• Effective January 1, 2009, unit owner policies must include loss assessment coverage of at least $2,000 per occurrence.
• Effective January 1, 2009, condominium associations must be listed as a loss payee (additional interest) on all unit owner policies issued. The actual wording includes reference to additional named insured and this wording is up for review in the next legislative session.

Questions About these Changes in the Insurance Regulations?

If you currently own a condo in Aventura, Hallandale, Hollywood, Golden Beach or any other community in South Florida, these changes will impact you. If you have questions about these changes you may leave a question/comment here or email us at JHolz@atlassinsurance.com or scott@scottpatterson.com.

Guest post written by Janise Holz

Janise L. Holz
Atlass Insurance Group
1300 SE 17th Street
Suite 220
Ft. Lauderdale, FL 33316
Direct: (954)653-2834
Fax: (954)525-0588
Email: JHolz@atlassinsurance.com
Web: www.atlassinsurance.com

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?

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