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2010 Golden Beach Florida Real Estate Market Report

Given its relatively small size, Golden Beach in South Florida sure has been a prominent force in the South Florida real estate market.  From major town renovations to celebrity residents, the coastal town has continued to show a commitment to excellence for its residents.  Today, Golden Beach is one of the most exclusive communities in South Florida.

I recently analyzed all of the 2010 sales data for the Golden Beach real estate market, which I’ve provided below.  If you are in the market to buy or sell real estate in Golden Beach, you’ll definitely want to check out this information before you enter the market.

Golden Beach Community Market Report for 2010

Golden Beach homes that sold in 2010 ranged from waterfront to landlocked, 2 bedrooms to 6 bedrooms, and 1,669 to 5,637 square feet.  More than half of those Golden Beach homes – or  9 out of 14 – sold for more than $1 million.

Here are the highlights of my research on Golden Beach real estate:

Number of current Active Listings: 59
Highest Priced Listing: $18,900,000
Lowest Priced Listing: $565,900
Number of Sales in 2010: 14
Highest Priced Sale in 2010: $4,802,000
Lowest Priced Sale YTD: $385,000

Golden Beach continues to make improvements to its town to make it even more desirable to South Florida home buyers than it already is.  In October 2008, the town began construction on a $14.5 million capital improvement project.  This town-wide project included: improving Ocean Boulevard with new five-foot sidewalks with concrete pavers and crosswalks, adding a 24-hour monitored infrared security system,  installing new drainage systems and replacing unsightly overhead utility lines with an underground system.

These sort of townwide improvement projects, as well as several high profile residents such as Ricky Martin, will continue to be beneficial for overall property values in Golden Beach, Florida.

Ready to Enter the Golden Beach Real Estate Market?

I want to make the Golden Beach home buying process as easy as possible for you.  So I recently created a way for you to search for properties in specific price ranges:

If you’re interested in buying or selling your Golden Beach property, contact me, Scott Patterson, your Golden Beach real estate expert. I’ll give you even more information that will prove invaluable as you navigate the Golden Beach real estate market.