Across the nation waterfront real estate is seeing a rise in marina properties or homes with deeded docks over beachfront homes, according to the Wallstreet Journal, and in Fort Lauderdale, we are increasingly seeing demand for these style homes. There are a number of reasons that these homes are preferable to beachfront homes. One reason is they are generally less expensive to insure and the dock space eliminates the need for boat slip rental. An advantage of these homes also is the access to a number of popular water activities. Boating, paddle boarding, jet skiing, and fishing are all very popular pursuits, especially in Fort Lauderdale with weather being perfect nearly year round.
Water Sports has actually increased with the sale of jet skis and power boats up from 2010, evidence of a rebounding economy. Further, the recent weather disasters in recent years and erosion in certain regions has made beachfront single family homes less desirable, particularly in areas prone to flooding. The condominium market in Fort Lauderdale offers a vast array of opportunities that include dockage in addition to many homes on the Intracoastal Waterway, isles and canals in Fort Lauderdale, making it an excellent place to invest in a waterfront luxury home or condominium. If you are looking to invest or purchase a primary or secondary home on the water in Fort Lauderdale to enjoy the water without worry, contact me today