It is with great pleasure that I am announcing my latest closed sale in The Corinthian. Residence 12G just closed with a final selling price of $376,403. This residence was a foreclosure acquired by Fannie Mae in January at a very low price of $249,000. It was relisted in April for $434,900, a price that was too high based on comparable sales in the building, resulting in little interest and no offers. Based on my experience and knowledge of the values in the building, I would have recommended an initial listing price of $399,000 to be competitive in the waterfront Fort Lauderdale market place. Fortunately for my buyers, the initial high listing price discouraged many prospective buyers from viewing the property, allowing my buyers to acquire this property at a great price without any competition. Residence 12G is the largest interior unit in the building, with 1500 square feet of living area and an updated kitchen, not to mention the spectacular ocean, city & Intracoastal Waterway views day and night. The final price per square foot sold was $251; the total price reduction I achieved for my buyers was $58,497. Currently, The Corinthian has only one active listing, the double unit 11AB (4 bedrooms) priced at $995,000. There has been 10 closed sales in The Corinthian this year, and I am pleased to have represented most of the sellers in these transactions. The inventory is understandably low in this highly desirable building and if you or someone you know is looking to sell their residence, now would be an excellent time to list. The Corinthian is a gated luxury building situated directly on the Sunrise Intracoastal waterway in Fort Lauderdale. It is considered one of the most financially sound and best managed condominiums in Fort Lauderdale. All 155 residences enjoy large private terraces, floor to ceiling windows/sliding doors facing east, washer/dryer in every unit, marble baths, and hurricane protection. Luxury amenities include semi-private elevator foyers, heated freshwater rooftop pool, Rooftop Corinthian Club with fully equipped kitchen for entertaining, a 3 room fitness center with panoramic views up and down the Ocean and Intracoastal Waterway, covered assigned parking under building, guest parking on a large upper deck, and 24 hour security and parking attendants. For more information on acquiring a residence in The Corinthian, or for information on my listing program, please contact me, I would be pleased to represent you in either capacity.
Fort Lauderdale is home to some of the most beautiful beaches and parks in the State of Florida. The warm climate and moisture produce incredible tropical flora and fauna year round and also allow for world reknowned golf courses. Some of the finest golf courses in Florida are found in Fort Lauderdale and this week, I would like to offer information on one of the most elite golf and country clubs in Fort Lauderdale, Coral Ridge Country Club. It is situated within the Coral Ridge neighborhood, which is minutes from the beaches and condos of Galt Ocean Mile, and also is in the heart of Fort Lauderdale. The club considers itself the “next generation”in country clubs offering all the modern conveniences, while still maintaining the time honored traditions in country clubs.
Coral Ridge Country Club has amenities that rival all clubs in South Florida and was founded in 1955 by Robert Trent Jones Sr. The golf course was designed by founder Robert Trent Jones Sr. and is 18 holes with the classic design. The tennis club, which was added in 1960, has 11 courts, two of which are all weather, 9 clay, and 3 hydrocourts. Also on club grounds is a junior Olympic swimming pool that is 25 yards long with 6 swim lanes, six starting blocks, and a shallow end for children. The swimming pool was Mrs. Jones initiative, since she was a swimmer in college. There are two restaurants in the club, one for casual dining, and the other a formal dining facility. They offer a variety of events for adultsand children including Summer Camps, instructional programs, and a truly unique happy hour every Friday night called Martini Madness, which even includes babysitting. Since the club's founding by the Jones family, it has maintained a reputation as a home away from home for members, and it remains one of the foremost clubs in Fort Lauderdale. The homes surrounding the Coral Ridge Country Club are some of the most luxurious in the city, many with waterfront views. For more information on properties around theCoral Ridge country club, please contact me!
Galt Ocean Mile is a highly desirable beachfront community in Fort Lauderdale founded by James Hunt and Stephen Calder in 1938 with the purchase of a large tract of land from Arthur Galt of Chicago. The real estate on Galt Ocean Mile is comprised of 20 high-rise condominiums situated directly on the sand beginning at the northern most end with CARIBE (a co-op) in Lauderdale by the Sea all the way down the beach to L'HERMITAGE (the newest luxury condominium).
The Galt Ocean Mile condominiums are elite and offer resort style living right on the beach, with luxury amenities including pools, fitness facilities, recreational facilities, valet parking, and much more. This is one of the most convenient and beautiful communities in Fort Lauderdale.
The neighborhood has much to recommend it with gourmet dining close by, public and private natural activities, and access to premier shopping at Galt Mile Shoppes. This neighborhood has a high walkability score, an increasingly desirable option in real estate, with pharmacies, bakeries, sidewalk cafes, wine bars, and eateries at your doorstep. A number of dining options can be found in the Galt Ocean Mile neighborhood among the favorites being Greek Islands Taverna, Café Matorano (considered one of Fort Lauderdale’s finest Italian dining establishments), the popular Pane Dolce bakery, and the new Thasos Island restaurant, projected to be a major source of competition for Greek Island Taverna ( which always has a packed house with long waiting lines).
Galt Ocean Mile has its own community center for the convenience of residents and an association outside of the individual condominium associations. Directly east is Coral Ridge Country Club, with an award winning golf facility, full tennis club, and casual and gourmet dining, and to the South is the Hugh Taylor Park with natural activities such as kayaking and bike trails. The Fort Lauderdale International Airport is a short drive away and the largest commercial streets, linking A1A and the beachside to the mainland are Commercial Boulevard and Oakland Park Boulevard. For more information on the status of each individual building, in terms of rental policies, pet policies, and building fiscal status, contact me today. Below is a list of condominiums with residences for sale!
CARIBE (co-op): 4050 N. Ocean Blvd. Lauderdale by the Sea, a coop,17 floors, 150 units
FOUNTAINHEAD (55+ building): 3900 N. Ocean Blvd. Lauderdale by the Sea, 17 floors, 128 units
PLAZA EAST: 4300 N. Ocean Blvd. Fort Lauderdale, 21 floors, 266 units
PLAZA SOUTH: 4280 Galt Ocean Dr. Fort Lauderdale, 26 stories, 366 units
L'AMBIANCE: 4240 Galt Ocean Dr. Fort Lauderdale, 25 floors, 124 units
THE GALLEON: 4100 Galt Ocean Dr. Fort Lauderdale, 17 floors, 214 units
OCEAN CLUB: 4020 Galt Ocean Dr. Fort Lauderdale, 19 floors, 207 units
OCEAN SUMMIT: 4010 Galt Ocean Dr. Fort Lauderdale, 17 floors, 228 units
PLAYA DEL MAR: 3900 Galt Ocean Dr. Fort Lauderdale, 29 floors, 370 units
REGENCY TOWER: 3850 Galt Ocean Dr. Fort Lauderdale, 20 floors, 203 units
GALT OCEAN CLUB: 3800 Galt Ocean Dr. Fort Lauderdale, 17 floors, 216 units
THE REGENCY SOUTH: 3750 Galt Ocean Dr. Fort Lauderdale, 20 floors, 203 units
ROYAL AMBASSADOR: 3700 Galt Ocean Dr. Fort Lauderdale, 17 floors, 214 units
EDGEWATER ARMS (co-op): 3600 Galt Ocean Dr. Fort Lauderdale, 16 floors, 191 units
OCEAN RIVIERA: 3550 Galt Ocean Dr. Fort Lauderdale, 20 floors, 204 units
PLAYA DEL SOL: 3500 Galt Ocean Dr. Fort Lauderdale, 29 floors, 370 units
COMMODORE: 3430 Galt Ocean Dr. Fort Lauderdale, 17 floors, 190 units
SOUTHPOINT: 3400-3410 Galt Ocean Dr. Fort Lauderdale, 22 floors, 400 units
L'HERMITAGE I: 3100 N. Ocean Blvd. Fort Lauderdale, 28 floors, 238 units
L'HERMITAGE II: 3200 N. Ocean Blvd. Fort Lauderdale, 29 floors, 222 units
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