Category Archives: Hollywood Lakes

THIS WEEKS FEATURED LISTING

342757635_5513 Palm Dr. Hallandale Beach, Fl. 33009

 

Golden Isles waterfront estate listed for $3.249 million. This new contemporary home was built on an large Intracoastal 100′ x 150′ lot and its many features include: five bedrooms, five bathrooms and two half baths with over 5,500 sq. ft. living area and over 7,200 total sq. ft.. Lavish landscaping on this tropical modern setting, large beautiful backyard with an over sized pool, jacuzzi and beach pad.

 

 

 

 

This waterfront home has a large chefs kitchen, formal dining room, down stairs master suite, tray ceilings, custom light fixtures, motorized shades, and lots of natural light adds sheer beauty to this home. Golden Isles is a boaters paradise with the Atlantic inlet nearby!   Call me today for a private showing: 954-661-8871

-Scott

Demolition of the Dania Beach Hurricane Roller Coaster

Dania Beach landmark being torn down piece by piece20160316190246_2418290_ver1.0_1280_720

 

They say, whatever goes up has to come down. The Dania Beach Florida Hurricane Roller Coaster in southern Broward County has been a landmark for residents and tourists since year 2000. Just this past week the demolition of the monstrous wooden structure has begun and it created a buzz through the south Florida community. The ride itself closed five years ago and hasn’t been operated since. Some are happy to see it go but some are sad and believe it or not, I rode when it reopened in 2000, lots of memories from my childhood on a wooden roller coaster!

dania-pointe-fashion-small-600

Kimco Realty Group of New York is developing a 850,000-square-foot center in a joint venture with Master Development and Salzman Real Estate Advisors, Who have projects already through the Tri-County area of South Florida. This project will bring in about 17,000 construction jobs and 13,000 permanent jobs once its fully developed.

No leases of any retailers have been signed yet, But the 35-acre first phase, which will incorporate “big box” stores and discount retailers, is planned to open in the fall of 2017.

The second phase, which will include more retailers, restaurants, 1,000 residential units and two hotels, will follow in the fall of 2018. By that time, construction will be initiated on some of the 500,000 square feet of commercial office space.

Dania Pointe of Dania beach located just north of Hollywood Florida, will be one of the largest shopping centers in Broward County Florida. Dania Pointe will attract many visitors all the way from Southern Miami-Dade County up to The Northern parts of Palm Beach County because of Dania Beaches central location in South Florida. Over half a million cars pass by the location northbound on I95 per day! This development is sure to be a success and a great new addition to the city and South Florida.

 

Hurry! Our One-of-a-Kind Hollywood Lakes Home Is Sure to Sell Quickly!

Hollywood LakesAre you the kind of South Florida home buyer who prides yourself on being a discerning buyer with impeccable tastes? Are you looking for a piece of real estate in South Florida that really stands out and makes a statement?

If so, then you’re sure to fall in love with our recent listing at 1136 Tyler Street in Hollywood Lakes.

This incredible residence is truly unique, with a distinctive character and a warm charm that’s evident from the street!

Continue reading to discover why we don’t expect this piece of Hollywood, Florida real estate to stay available for long!

4 Reasons Our Hollywood Lakes Home for Sale is So Desirable

Hollywood Lakes 2First, this home boasts a whopping 4,982 square feet of living space, including 5 bedrooms and 4.5 bathrooms. This will give the next owners plenty of room to grow!

Second, this home features top-of-the-line kitchen appliances as well as a sophisticated design created to attract modern buyers.

Third, this home features the sought-after guest cottage, perfect for entertaining out of town guests or enjoying some quality time with the in-laws.

And fourth, this home boasts a large and lushly landscaped backyard that included a heated-salt water swimming pool, summer kitchen and covered terrace. Talk about luxury!

But wait! There’s More!

Hollywood Lakes 3Here are some other interior features in this home that are sure to grab your attention:

  • Oversized double lot
  • Home office
  • Personal gym
  • Marble flooring
  • Wood flooring
  • And more!

Every room you walk through in this house, you’ll be able to notice the builder’s fine attention to detail and dedication to quality.  There are plenty of gorgeous homes in the Hollywood Lakes community but this one certainly stands out as being the best of the best!

You’ll Love Living in Hollywood Lakes

Hollywood Lake 4This distinctive and historic neighborhood (located conveniently off the Intracoastal Waterway and Atlantic Ocean) has been making home owners quite happy since it was first established in 1925 by Joseph Young.

This family-friendly community boasts single-family homes, apartments and hotels and is a great place to set down roots!

Meanwhile, you’ll live just minutes away from such incredible communities as Aventura and Golden Beach. Plus, Fort Lauderdale is just 15 minutes away and Miami is 25 minutes away!

Is This Your South Florida Dream Home?

If so, then please take a moment to contact me, Scott Patterson, your #1 South Florida Realtor®.

I would love to assist you by helping you schedule a showing of this property, which is currently priced at $1,449,000.

I’ll also be happy to answer any lingering questions you may have about this property as well as offer some valuable home buying resources!

Until next time,

Scott

Incredible Piece of Hollywood, Florida Real Estate Available Now!

Are you a South Florida home buyer looking for the ideal piece of land to purchase so that you can build your perfect home?

If so, then I recommend you check out this piece of Hollywood Florida real estate.

Located at 1018 S Northlake Drive, this property is a blank canvas just waiting for the right buyer to come along to build an unforgettable home on an already amazing piece of land.

This Piece of Hollywood Real Estate Has Much to Offer!

1018 Southlake DriveThis half acre lot – which totals 85 feet by 232 feet – features a new seawall as well as a lovely dock, meaning that you’ll be able to keep personal watercraft at your home.

Located in the eclectic neighborhood of Hollywood Lakes, this community is a great find on the Hollywood real estate market!

And because of its location on S. Northlake, this property also provide residents with ample watersport recreational options.

What’s more, this generous-sized lake is known for its stunning water views as well as the tranquility it offers residents who live along its edge.

Have any boaters in your family? They’ll be thrilled to learn that Northlake actually connects with the Intracoastal Waterway, which then feeds into the Atlantic Ocean – all without any fixed bridges obstructing the way!

For those who prefer different types of recreational amenities, there are also a number of other attractions located within the vicinity, such as Hollywood Beach, dining and shopping attractions and Young Circle.

Plus, there is always something going on in nearby Fort Lauderdale and Miami!

Your Dedicated South Florida REALTOR®

If you would like to learn more about this beautiful property on the South Florida real estate market, please make sure to contact me, Scott Patterson, today.

I would love to assist you by answering any lingering questions you may have and also scheduling a showing for you.

For now, make sure to check out the aerial video I made of this property above!

Until next time,

Scott

 

Build The Home of Your Dreams in Hollywood, Florida

Interested South Florida home buyers navigating the market have the rare opportunity to build the home of their dreams in Hollywood, Florida.

This is a unique and rare large waterfront lot, located at 1010 S. Northlake Drive, in the Hollywood Lakes section, this property is 85-feet-by-228-feet, which equates to about a half acre.

If you’re interested in living in South Florida but want the freedom to build your own home, this may be the perfect opportunity for you!

Hollywood, FL Real Estate For Sale

101 Southlake HollywoodThis lot in Hollywood Florida already has plenty to offer interested buyers.

This property features a new seawall and dock. It also boasts a desirable location with Hollywood Lakes, which is a popular and idyllic neighborhood.

What’s more, this property is located on S. Northlake, giving residents access to a sizeable lake that offers expansive water views. It’s great for privacy as well!

And here’s another bonus to living on Northlake: this body of water leads directly to the Intracoastal Waterway, with continuing access to the Atlantic Ocean. And with no fixed bridges along the way, it will be smooth sailing for you if you decide to spend an afternoon on the water.

Centrally-located in Hollywood, this property is also conveniently situated between all of the amenities that Fort Lauderdale and Miami have to offer.

Other amenities within walking distance include:

  • Hollywood Beach
  • Young Circle
  • Dining amenities
  • Shopping attractions
  • And more!

Plus, Hollywood-Fort Lauderdale International Airport is just a short distance away!

Helping You Invest in South Florida

If you’re interested in purchasing this beautiful lot in Hollywood, please make sure to contact me, Scott Patterson, your dedicated South Florida REALTOR®, today.

I’d love to answer any questions you may have as well as help you schedule a showing of the property.

Get a sneak peek now by checking out my aerial video of the property above!

Until next time,

Scott

Miami-Dade County, Florida Real Estate is Booming!

Things are continuing to look up for the South Florida real estate market, according to the most recent data released.

Evidently, more and more investors are coming to South Florida to get a piece of the action – which in turn is strengthening our local housing market.

Miami, Florida Area Homes for Sale

According to the most recent article I read in the Miami-Herald, plenty of private equity firms in the area are snatching up prime South Florida real estate lately.

For example, Fort Capital recently purchased the historic Surf Club in Surfside. It is expected to be revitalized and later sold.

That’s what the company did after it bought most of the Capri South Beach along with other coveted pieces of South Florida real estate.

Experts say that the South Florida market is getting hotter and hotter, with demand rising.

This is particularly true in the hotel arena, where investors are buying and building hotels left and right!

The latest activity reflects a national trend in which the lodging industry is expected to spend more than $5 billion this year on upgrades that range from redesigned lobbies to additional fitness centers and restaurants.

Here in South Florida, some of the more specific drivers to this recent hotel boom include rising tourism numbers, scarcity of available land and more lenient lending policies.

Here’s what else you should know about the South Florida hotel industry:

  • Through September, hotels in Miami-Dade were more than 76 percent full, which is up slightly from the same period a year before.
  • Room rates in South Florida increased by 7 percent to almost $163.
  • Revenue per available room in South Florida also grew by about 8 percent year-over-year to $124.55.
  • Hotel transactions volume is expected to be about $650 million in the county this year, up 13 increase when compared to 2011

You may be thinking to yourself – that’s great but what exactly does this mean for the South Florida residential housing market?

Since everything is inter-connected, more interest and investments in the South Florida hotel market will likely lead to more interest and investments in the South Florida real estate market as well!

Your South Florida Real Estate Expert

To learn more about how the current hotel industry boom here in South Florida will benefit the local residential housing market, please contact me, Scott Patterson.

I’ll also be happy to assist you with all of your home-buying and home-selling needs on any one of the following South Florida real estate markets:

Until next time,

Scott

South Florida Real Estate Market Showing Signs of Rebound and Growth

South Florida real estateThere’s reason to celebrate a little for the South Florida real estate market – especially if you’re a home seller with a list price under 1 million.

From a decreasing supply of available homes for sale to rising sales prices – now is a great time to be a Seller  especially if your property is listed under 1 million today. It’s all about “Supply & Demand” which is very price sensitive and it’s very important to understand the market depends on the “List Price” of your property,  the higher the “List Price” the more inventory there is.

Below, I’m going to tell you some of the recent findings from a national index on the health of the South Florida housing market.

Selling South Florida Real Estate

According to a recent market report, South Florida home prices increased by more than 5 percent in July when compared to July 2011 (depending on price range).

That’s not all that has South Florida home sellers excited!

Here’s a look at some other good news that has recently come out about the market:

  • In August, Broward County had fewer than 5,000 single-family homes for sale.
  • When compared to a year ago, Miami-Dade & Broward County’s inventory has nearly been cut by 40-50%.
  • Meanwhile, Palm Beach County’s home inventory was about 6,648 in August, which is 43 percent less than it was a year ago.
  • In Miami, the average price per square foot of Miami area homes was $155, down 4.3 percent from the same period last year.
  • Between July and September, the median sales price for Miami homes was $155,000, up 6.9 percent from the year before.
  • Also during that period, the total number of Miami home sales decreased by 11.6 percent.
  • Broward County’s unemployment rate decreased from 8.1 percent to 7.8 percent between July and August. This is good news for home sellers because it means that more home buyers are in a position to purchase a home.
  • Broward County’s unemployment rate is now better than the national average, which is 8.1 percent.
  • Meanwhile, Palm Beach County’s unemployment rate also fell to 9.6 percent, albeit that’s still higher than state and national averages.
  • Interest rates have continued to fall, with the average 30-year fixed rate falling to a record-setting 3.4 percent recently. Such low rates are sure to attract additional home buyers.

Still, the recent article I read noted that there are some ways in which the housing market can improve even more.

For instance, inaccurate home appraisals have been blamed in recent years for delaying or costing real estate deals.

Experts are now calling for more accurate and consistent appraisals to aid in the housing market’s recovery.

Some are also saying that a slight increase in interest rates may increase home buyer demand since home buyers will feel a sense of urgency to invest before interest rates continue to climb.

Your Dedicated South Florida Real Estate Expert

The South Florida real estate market is a complicated industry with plenty of moving parts that may affect your experience as a home seller.

So for an optimal experience that results in you selling your home in a short amount of time and for a great price, please contact me, Scott Patterson.

I have years of experience working on the South Florida real estate market and I’ll be happy to provide you with invaluable advice, helpful home-selling resources and more!

Start today by requesting my free selling South Florida real estate eBook or a pre-listing package!

Until next time,

Scott

EWM International Realty is now Larger and Better than Ever!

We have exciting news to share with you about our company’s parent company, Berkshire Hathaway.

Berkshire Hathaway has purchased the real estate franchise “Prudential” / Real Living and launch an entirely new brokerage brand for these agents: Berkshire Hathaway HomeServices.

Our South Florida real estate company EWM has been owned by Berkshire Hathaway for the last six years.

This new purchase, however, is guaranteed to make the company even stronger and more responsive to home buyer’s and home seller‘s needs.

Selling Real Estate in South Florida and Around the Country

Berkshire Hathaway has acquired Prudential’s agent network from Brookfield Asset Management.

Next year, Berkshire Hathaway and Brookfield will begin converting Home Services agents over to the new brand as well.

The new company will be based in Irvine, California and will be led by a team of Prudential Real Estate executives.

Here are some more facts of this recent deal:

  • Berkshire’s HomeServices of America (which already owns local brokerages with 16,000 agents in 21 states) will be the majority owner
  • The Prudential and Real Living brands will be eliminated over time.
  • Independent local brokers that HomeServices already owns will not have to switch affiliation but their branding will start to note that they’re owned by Berkshire Hathaway.

Your South Florida Real Estate Expert

By aligning ourselves with this new and improved super real estate company, EWM will have even greater access to real estate resources that will ultimately help you as the buyer or seller!

Thus, we’re quite thrilled about this newly formed real estate company!

If you’re considering entering the South Florida real estate market anytime soon, please contact me, Scott Patterson.

I’ll be happy to assist you as you navigate any one of the following South Florida markets:

Until next time,

Scott

Report: Fewer Homes for Sale Available on the South Florida Real Estate Market

South Florida real estate for saleAvailable homes for sale on the South Florida real estate market have decreased significantly year-over-year, according to a recent article I read.

The Palm Beach Post reported that the available inventory of homes for sale was down 34 percent in September when compared to September 2011.

This is fantastic news for South Florida home sellers in such communities as Golden Beach and Sunny Isles who are hoping to get a great price on their property.

South Florida Homes for Sale

Here’s an overview of recent activity on the South Florida real estate market, according to the real estate analysis firm Zillow:

  • High-priced homes for sale in Broward, Miami-Dade and Palm Beach counties were down 34.4 percent year-over-year.
  • Meanwhile, inventory of homes in the lower-priced tiers were down 33 percent.
  • In that same period, the national inventory of homes for sale has decreased by 19 percent.
  • In Palm Beach County, the inventory of single-family homes had fallen to less than five months in August.
  • When compared to August 2011, Palm Beach County’s home inventory has fallen 57 percent.

On the same day that Zillow released its report, the company RealtyTrac reported that Florida saw the most foreclosure activity in September.

Although some are concerned this may cause a drop in home prices as these foreclosed homes are sold, experts say that it’s more likely that these homes will more than likely be short-sold, which will help preserve prices.

List Your South Florida Home for Sale Today!

As I noted earlier, a drop in available homes for sale is a great sign for interested South Florida home sellers.

That’s because the low supply of available homes will spur even greater home buyer demand, which will ultimately drive up prices.

Thus, if you’re thinking about listing your South Florida property anytime soon, now is a great time to do so!

For expert tips on navigating the market as a South Florida home seller, please contact me, Scott Patterson.

I have years of experiencing helping home owners sell their properties in a number of local communities, including:

Until next time,

Scott

South Florida’s Real Estate Market Is Rebounding

South Florida is currently ranked Number 2 for fastest rising home values in the country, however values are 48 percent lower than compared to peak levels in 2006 according to the latest Case-Shiller report.

Evidently, Phoenix is the only housing market in the country with faster rising values!

The latest report signals that the housing market is indeed rebounding, which is excellent news for area home sellers!

South Florida Properties for Sale

Here’s the latest data on the South Florida real estate market (which includes Broward, Miami-Dade and Palm Beach counties) from Case-Shriller as well as other data sources:

 

  • Currently, values are about 48 percent lower on the South Florida real estate market than compared to peak levels in 2006.
  • Since January, South Florida’s Case-Shiller real estate index increased by 5 percent.
  • Between May 2002 and May 2012, South Florida real estate values have grown about 12 percent.
  • Home prices in South Florida have steadily increased over the last six months
  • Since May 2011 to May 2012, home prices in South Florida have surged by 3.4 percent.
  •  After a 1.4 percent increase for the region in April, home prices were at their highest point on the index since November 2010.
  • In June, the single-family homes inventory in Palm Beach County dropped from 11.9 months to 5 months when compared year-over-year.
  • Nationally, the single-family homes inventory fell to less than seven months during that same period.
  • Meanwhile, completed foreclosures have fallen to 2007 levels nationwide.
  • Florida had the second highest number of completed foreclosures in a 12-month period, with 91,000.
  • Although Florida still has the highest foreclosures inventory in the country with 11.5 percent of all mortgages, it’s still down from one year ago.

Your South Florida Real Estate Expert

While the South Florida real estate market still has a ways to go before it is completely recovered from the bubble burst of a few years ago, it is certainly making great strides!

This is great news for home sellers who have been waiting for home prices and values to rise so that they can get a better price on their own home!

To learn more about the current state of the South Florida real estate market – or to inquire about navigating the market as a home seller – please contact me, Scott Patterson.

As a dedicated South Florida REALTOR, I have years of experience helping home sellers navigate such area market as:

And I’ll be happy to help you as well!

Until next time,

Scott