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!

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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.

 

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

Luxury South Florida Condos Planned for Aventura and Hollywood Florida

Two more luxury condominiums are coming to the South Florida real estate market, according to a recent article I read.

The Miami Herald reported that Property Markets Group is planning luxury condos for both Aventura and Hollywood!

Evidently, PMG is working with the well-respected architect Carlos Otton in planning these new projects.

This is tremendous news for interested South Florida condo buyers who are in the market for a luxury condominium.

Aventura and Hollywood, Florida Condos for Sale

Here’s some additional information about the two condominiums planned for Aventura and Hollywood.

In Hollywood, the 24-unit Sage Beach will feature two-, three- and four-bedroom residences.

These units will all come with private elevators, a plunge pool and grand foyer.

The units at Sage will range from 2,000 to 2,850 square feet and will have an average price per square foot of roughly $650.

In Aventura, PMG is planning a 190-unit condominium community known as ECHO.

This community will feature 2-, 3- and 4- bedroom floor plans with interior designs by Yabu Pushelberg.

In each one of these Aventura condominium units, interested South Florida buyers will find such desirable features as kitchens on each terrace, private elevators, Apple technology-compatible infrastructure and more!

ECHO’s units are expected to range from 1,600 to 4,000 square feet, with an average price per square foot of $550.

Find Your Dream South Florida Condominium Today!

The newest luxury condominiums that are currently in the planning stages are guaranteed to be quite distinctive on the South Florida real estate market!

If you’re interested in learning more about possibly investing at Echo in Aventura or Sage Beach in Hollywood, please contact me, Scott Patterson.

If, however, you’d prefer to continue looking for your dream South Florida residence, please be sure to check out some of these other residential neighborhoods in the area:

Until next time,

Scott

 

Hollywood, Florida Real Estate Spotlight on 1270 Hatteras Lane

1270 Hateras_1Embrace the height of luxury living by checking out my newest South Florida real estate listing at 1270 Hatteras Lane in Hollywood, Florida!

This stunning 7,300-square-foot estate features 5 bedrooms and 7.5 bathrooms.

It’s currently priced at $1,995,000.

Luxury Living at Its Finest In Hollywood, Florida

Grandiose, immaculate, spacious, elegant: There are many ways to describe our latest listing on Hatteras Lane in Hollywood.

This property features two levels and seamlessly blends relaxed and formal spaces.

On the first level, prospective Hollywood home buyers will discover a covered entry, a two-story foyer, a bedroom suite, royal gold leaf detailed ceilings and a gourmet kitchen with adjoining breakfast room.

Other reception rooms on the ground level include: formal dining, living room, family room and a den with a wet bar.

Each room boasts an excellent attention to detail, which is why you’ll find such fine features as mosaic tiles, custom window treatments, decorative wall niches and more!

Upstairs, interested home buyers will encounter an ornate master bedroom with sitting room and his and her walk-in closets as well as other generous-sized bedrooms.

The grounds of this incredible Hollywood, Florida home offer freshly manicured gardens as well as an extended coral stone patio that includes a covered terrace and pool.

Other features on site include a 3-car garage and a laundry room.

Harbor Islands Estate!

1270 Hatteras Lane HollywoodContact me, Scott Patterson, to learn more about what the home at 1270 Hatteras Lane has to offer you and your family.

When you do, I’ll provide you with additional property information, help you schedule a showing and more!

Until next time,

Scott

South Florida Real Estate Market Has Finally Bottomed Out, Experts Say!

I recently read an article in the Sun Sentinel that declared that the South Florida housing market has finally hit bottom.

According to Zillow.com, which is a Seattle-based real estate analysis site, home values in Miami-Dade, Broward and Palm Beach counties are now beginning to increase after six years of steady decline.

Continue reading to learn more about what Zillow said this means for the greater South Florida real estate market – as well as interested home buyers like you!

Properties for Sale in Aventura, Hallandale and other South Florida Communities

Here’s the most recent data that Zillow released about the local housing market:

  • The median value for homes in all three South Florida counties is $141,300, up 1 percent when compared to 2011.
  • Over all home prices are expected to increase by 6 percent during the next year, which would make South Florida a top-performing housing market in the nation.
  • Home sales prices are now beginning to resemble those prices seen in 2002 in South Florida.
  • Home values in 21 of 32 Broward Cities – including Fort Lauderdale – increased between 2011 and 2012.
  • Meanwhile, 17 communities in Palm Beach County saw higher home values, year-over-year.
  • Single-family home inventories in Broward County have decreased by 48 percent, year-over-year.
  • In Palm Beach County, inventories have decreased by 38 percent.
  • More and more homes are receiving multiple offers, many of which are above the original asking price.

All of this data suggests that home prices have fallen as much as they’re going to fall in South Florida before they begin to rise again.

And while some analysts are still skeptical that the South Florida housing market has truly bottomed out, nearly everybody agrees that the market will not likely see prices drop very much more if it hasn’t bottomed out yet.

Thus, for those who were interested in making an incredible investment on the South Florida real estate market, now is the ideal time to do so!

After all, once a market has bottomed out, the only direction home prices are going to go is up!

Your South Florida REALTOR!

If you’re interested in entering the South Florida housing market as a home buyer any time soon, please contact me, Scott Patterson.

As a trusted South Florida REALTOR, I have experience helping home buyers find their dream homes on a number of area housing markets, including:

Thus, I’d be happy to help you at every stage of the home buying process – from home showings to purchase offers to the final closing!

Until next time,

Scott

 

8 Year Snapshot Of Single Family Real Estate Inventory in Broward County

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.

It you would like to keep up to date with the South Florida Real Estate market, subscribe to the Blog.

Harbor Islands Waterfront Community in Hollywood Florida

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