The National Association of Realtors recently released their 2016 Investment and Vacation Home Buyers Survey. The survey revealed many characteristics of both vacation home purchasers and investors. Two weeks ago, we posted on the vacation home market. Today, we want to concentrate on the investor real estate market.
The survey revealed that investment-home sales in 2015 jumped 7.0 percent to an estimated 1.09 million from 1.02 million in 2014.
Lawrence Yun, NAR’s chief economist discussed the increase in the number of sales:
"Despite a smaller share of distressed properties coming onto the market, investment purchases reversed course in 2015 after declining for four straight years. Steadily increasing home prices and strong rental demand appear to be giving more individual investors assurance that purchasing real estate will diversify their portfolios and generate additional income if they decide to rent out the home."
Prices Are Also Up
The price paid by investors also increased in 2015 by 15.3%.
If you are thinking of investing this is a good time to start entering the investment market with Strong home prices going up and the huge demand for renters to live somewhere. 2016 may not be the best year for house flipping unless you get an amazing deal on a property and put in a lot of work. However long term investments Real Estate is still the king! Buy a property and rent it out, year over year the home values will continue to rise and in some situations your rental unit will not cost you a dime because of the rent you receive.
In South Florida there is a big market in Multi-Family Homes...Meaning Duplex, Tri-Plex and Four-Plex units! Have you considered buying a duplex living in half and renting out the other unit? May make your mortgage payment $0. According to many analysts in South Florida and Fort Lauderdale there is a big return on investment year over year when it comes to multi-family units.
Ready to purchase an investment property in South Florida and Fort Lauderdale? Contact Jay Cermak Top Fort Lauderdale Real Estate Agent with The Edwards Real Estate Group at 954.235.3589!
Oceanfront Living at it's finest! Villas by the Sea has it all in Lauderdale by the Sea, FL. For More more Information or if Interested in Purchasing a unit at Villas by the Sea Contact Jay Cermak Top Fort Lauderdale Real Estate Agent with The Edwards Real Estate Group at 954.235.3589 by phone or text!
OCEANSIDE RESIDENCES FROM THE $800s
Villa By The Sea’s innovative oceanfront condominiums feature brand new designs and a fabulous oceanfront lifestyle. Floor plans include gourmet island kitchens, luxurious master suites, sun splashed balconies, and spacious living-dining areas offering breathtaking ocean views. Residents enjoy spectacular oceanfront resort amenities including a beautifully designed 2-story clubhouse, state-of-the-art fitness center, and the oceanside pool complete with private cabanas and spa overlooking miles of white sand beach and the blue Atlantic.
Check out this Video about Villas by the Sea and Lauderdale By the Sea
OCEANFRONT LIVING THE WAY IT SHOULD BE
Villas By The Sea welcomes you to oceanfront luxury living the way it was meant to be — carefree, low key and very high style. This vibrant seaside village has become one of the most successful new home enclaves in Lauderdale-By-The-Sea because it offers a rare combination of low-maintenance condominium living and luxurious resort amenities in a private, oceanfront enclave.
• Beautifully designed 2-story clubhouse
• State-of-the-art fitness center
• Oceanside pool complete with private cabanas
• Spa overlooking miles of white sand beach and the blue Atlantic
Seaside living doesn’t get any better than this. With easy access to Highway A1A and US Highway 1, this new oceanfront enclave is only minutes from Lauderdale Beach, Pompano Beach, and Fort Lauderdale’s Riverwalk arts and entertainment district. Villas By The Sea, where living is a sunny breeze.
Minto doesn't just build great new homes. We create inspiration.
Founded in 1955, Minto is a family-owned business that has grown over the last 60 years into one of North America’s leading builders, with more than 80,000 homes built, including 25,000 in Florida. Minto creates a wide array of award-winning new homes and resort-style master-planned communities to meet every lifestyle. The company has earned national awards and recognition that include consistently high rankings from Eliant Customer Service Surveys, Leadership in Energy and Environment Design (LEED) and multiple national awards in community and home design.
Lifestyle
A beautifully designed and aptly appointed 2-story oceanfront clubhouse sets the tone for residents with an amiable, club-like atmosphere. Enjoy a fully equipped state-of-the-art fitness center or simply kick-back and relax in one of the club rooms while you take in another gorgeous Florida sunset.Outlined in a lovely landscape of palms, the pool area is the perfect place to catch up on a book — or your tan, and the pool itself is always refreshing. Alongside the pool are private cabanas as well as a rejuvenating spa, which look out over a 600-foot sandy stretch of white beach and blue Atlantic Ocean.
CALL 954.235.3589 to schedule a showing and learn more information about Villas at the Sea!
Current Floor Plan Still Available:
Coastal
From $800,490
1,565 a/c square feet
1,697 total square feet
2 bedrooms
2 bathrooms
READY TO MOVE IN
All residences come completely finished with your choice of professionally designed color-coordinated packages including European Style cabinetry, granite countertops, 20” x 20” porcelain tile flooring throughout the living areas, and plush carpeting in the bedrooms.
IN YOUR KITCHEN
European Style cabinetry
3/4” granite countertops with 1-1/2” built-up edge and full-height backsplash
Bosch standard depth French door refrigerator in stainless steel
Bosch cooktop
Bosch stainless steel single built in oven
Bosch convection microwave over cooktop in stainless steel
Bosch dishwasher in stainless steel
In-sink-erator sound control disposal
Moen under-mount stainless steel sink
Moen faucet in stainless steel finish with integrated pull-out sprayer
Under-cabinet lighting
Soft close cabinet doors and drawers
Decorative cabinet crown molding and light valance
Pull out wastebasket under sink
Cabinet liner in sink base cabinet
decorative glass doors with matching interior on either side of microwave oven
IN YOUR BATHS
20” X 20” porcelain tile flooring, 13” x 13” wall tile, full height shower walls in all bathrooms
European Style cabinetry
Granite countertops with 4” backsplash
Kohler under-mount sinks
Moen 8” widespread faucets in brushed nickel finish
Framed mirrors above vanities
Designer wall mounted vanity light fixtures
Recessed lighting in all baths
Kohler jetted tub in master bath (per plan)
Master bath shower featuring Moen handheld shower with slide bar and rain shower head
Seamless glass enclosure in master bath
Kohler 2-piece elongated raised height commodes in all baths
Kohler pedestal sink in powder room (per plan)
BUILDING AMENITIES
Fire protection sprinkler systems
Resident parking tucked conveniently underneath the buildings
Decorator appointed lobby with computerized access control
Decorator appointed computer programmed limited access elevators
24-hour roving patrol
Private beachfront sundeck (2nd floor of Ocean Front building only)
Storage lockers
INSIDE YOUR RESIDENCE
9’7” - 9’8” Ceiling height in main living areas and bedrooms (per plan)
10’4” - 11’0” Ceiling height in main living areas & bedrooms on Penthouse level (per plan)
Spacious balconies with aluminum railing
Impact glass for hurricane protection on all windows, sliding glass doors and French doors
8’ Tall sliding glass doors (per plan)
8’ Tall entry door with satin nickel hardware
Light orange peel on all ceilings and walls
20” x 20” porcelain tile through living areas (expect bedrooms)
Luxurious stain-resistant carpeting in bedrooms
8’ Tall solid core interior doors and closet doors
Satin nickel lever door hardware
5-1/2” baseboards
Energy-efficient central air-conditioning and heating
Central hot water
High speed structured wiring network for phone, video and computer. Includes certified Cat-5 data lines and RG-6 quad shield coaxial cable
Pre-wired for ceiling fans in all bedrooms
Recessed lighting at halls, baths, kitchen and great room (per plan)
Pre-wired lighting outlets at foyer, dining area and breakfast area/breakfast bar (per plan)
Decora-style rocker light switches and outlets
Alarm system with one keypad and one year free monitoring
Abundant closet space with ventilated vinyl shelving
Bosch front-loading washer and dryer
European Style cabinetry in laundry room
Built in laundry sink (per plan)
PRIVATE SEA CLUB
Beautiful 2-story oceanfront clubhouse
Cardio fitness room with state of the art equipment
Oceanfront social club room for entertaining
Oceanfront heated pool
Whirlpool
Furnished cabanas
For More Information and for Brochures on this amazing opportunity to buy new construction in Lauderdale by the Sea please Email Jay.Cermak@KW.com
NEW CORAL RIDGE COUNTRY CLUB WATERFRONT CONDOMINIUM
These Luxury Waterfront Residences with spectacular views will satisfy the most discriminating of buyers. Each unique residence comes designer ready, with top of the line appliances, European custom cabinetry, wired for smart technology, high impact windows, two parking places per unit, large storage spaces and additional guests spaces.
The building consist of 5 stories and 11 units with 10 Foot Ceilings. The first floor is designated for parking, building lobby and owners club room. The Second, third and fourth floors consist of three residences per floor with two spacious penthouses located on the 5th floor.
DOCKAGE IS AVAILABLE TO ALL OWNERS FOR BOATS UNDER 80′ CONTROLLED BY THE CONDOMINIUM ASSOCIATION.
FEATURES
Waterfront Condominium
11 Luxury Residences
Boat Slips with water and electric
250 Linear Feet of Waterfront
Deep Water Ocean-Access wide canal
Pet Friendly Building
Secure Building entry
Two Garage Spaces per unit
Smart Technology Ready
AMENITIES
Heated Infinity pool
Golf Cart Available on site
Garage Bike Storage
Electric Vehicle Charging Station
Private Elevator and Entry foyer
Zen Garden with Lush Landscaping
Private Storage Space
Outdoor Barbecue Area
Internet Ready
RESIDENCES
Spacious open floor plans
all corner units
10 Foot Ceilings
Italian Custom Kitchen Cabinetry throughout
Designer Features and Faucets
Sub-Zero Wolf Appliances
Full Gas Range
Electrolux Front Loader Washer and Dryer
Designer Tub and Vanities
Spectacular Spa-Style Master Bath Retreat
Seamless Glass Shower Enclosure and Shower Door in Master Bathroom
Oversize Balconies with Glass Railings
Floor-to-ceiling impact glass windows & sliders
Beautiful intercoastal views and coral ridge skyline views
large walk-in closets
custom designer closets available
wine cooler
Many Floor Plans Available - For all of them please contact us!
Second Floor Plan
DESIGNER
MICHAEL BEAMISH DESIGN GROUP INC. has been the premier established interior design firm of Fort Lauderdale for over 38 years. Our professional services and turn key designs offered to clients are of the highest standards and quality. All projects receive our personal attention with a hands-on approach to all coordination efforts.
“I take personal pride in ensuring that my company can meet and exceed your expectations. I work personally on each project, and welcome the opportunity to discuss your project needs.”- Michael Beamish
Located Directory on the Intercoastal Waterway with 250 Feet of water frontage, this architectural masterpiece is in the prestigious section of Coral Ridge Country Club and situated in the heart of Fort Lauderdale, just minutes to the fabulous Fort Lauderdale Beach, Galleria Shoping Center and the Famous Las Olas dining and Shopping Area. 5 minutes from Coral Ridge Country Club and Golf course.
To learn more about this amazing New Construction Opportunity in the Desirable Coral Ridge Country Club Community Contact Jay Cermak Top Fort Lauderdale Real Estate Agent with Keller Williams Realty Professionals by phone or text at 954.235.3589! We work, live and play in the Coral Ridge Country Club area of Fort Lauderdale, FL.
