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Tag Archives: 33019

New To The Market Harbor Islands In “Harbor Pointe” Hollywood Florida

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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.
Hollywood Florida Harbor Islands
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

Harbor Islands 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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The Villas Of Positano In Hollywood Beach

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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.

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

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View Floor Plans at Villas of Positano

Harbor Islands Real Estate Inventory

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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

Hollywood Lakes Waterfront Bank Owned Property Goes On Market For Extremely Low Price Of $445,500

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[youtube:http://com/watch?v=G_V2rY4j47c]

This week Washington Mutual placed 1007 S. Northlake Drive in Hollywood Lakes on the market for a staggering low price of $445,500.  I sold this property for $2,150,000 in June of 2005 (the peak of the market).  Most of the properties value is in it’s premier lot size 100′ x 234′ (half acre) on the water and at this price it’s a definite give away, the only drawback is the home more than likely cannot be torn down since it has historic value to the neighborhood and is located in a Historic Preservation area.  The property had over $60,000 dollars of code violations from the previous owner due to commencing work without permits.

My client placed a $500,000 cash offer (50K over asking price), when I called the agent they stated they had multiple offers on the table, which is often the case with Bank Owned properties and that they would be making a decision within the next 48 hours, my clients offer was eventually rejected as a higher offer was accepted but whoever won the bid got an incredible deal.

Hollywood Lakes is an eclectic  neighborhood just minutes from Hollywood Beach that is comprised of two lakes “Northlake and Southlake”, they are connected to the Intracoastal Waterway with unsurpassed views from either lake.

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2005 Photo

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2009 Photo

Hollywood Boulevard Improvement Project Has Begun

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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!

[youtube:http://www.youtube.com/watch?v=JeNx0KPbUeU]

Read more about Hollywood and Hollywood Lakes!

Right Price, Right Buyer in Hollywood Florida

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Two more homes sold this month in Hollywood but these were shelled (no kitchen, baths or flooring only walls), however this goes to show you that there’s a right buyer for every property when the property is priced right, “It only takes one Buyer”. Both of these properties were “Short Sales” and both were cash transactions.

4008 Jefferson Street in Hollywood Hills closed yesterday June 10th, 2009 for $262,500.  The previous builder/owner of the home never finished the construction and owed approx. $700,000

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1345 Adams Street in Hollywood Lakes closed on June 5th, 2009 for $250,000.  The previous owners owed approx. $600,000.

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What’s Selling In Hollywood Lakes Florida In 2009

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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.

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

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

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View all the active listings in Hollywood Lakes in Hollywood Florida

Marketing Hollywood Florida Real Estate with High-Tech Tools

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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 Real Estate Market Statistics

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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