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Category Archives: Buying in Ft. Lauderdale


Fort Lauderdale in beach mode

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Fort Lauderdale beach visitors will soon see dramatic changes as they cross east over the Las Olas Boulevard bridge to the barrier island. Six major projects that have been debated for years are approved now. Together, they are expected to change the beachside parking layout significantly, add two park options for visitors who don’t want sand in their toes, and entice swimmers who prefer chlorine to salt. Some changes might not be embraced by all. For instance, the number of public parking spots in the Las Olas/State Road A1A area will be reduced. And a new garage is a two-block trek — with beach chairs, umbrellas and coolers — from the beach.

Read more about this in the Sun Sentinel


St. Patrick’s Day Parade

Hundreds lined Las Olas Boulevard to watch the Fort Lauderdale St. Patrick’s Parade as it headed down the street to Huizenga Park, where festivities continued.

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2017’s Healthiest Cities in America

Capture Location matters when it comes to health. Some places promote wellness by expanding access to nutritious food and recreational facilities. Others strive to keep treatment costs affordable for everyone or protect green space that encourages an active and healthy lifestyle. Absent such essentials, good health can be difficult to maintain, what with the rising cost of care in the U.S. and uneven standards for health education in public schools. Add to those factors the myriad health advice cluttering the web and the “groundbreaking” diet programs promising quick and easy results.

To determine which areas prioritize residents’ well-being, WalletHub’s data team compared 150 of the most populated U.S. cities across 34 key indicators of good health. Our data set ranges from “cost of doctor visit” to “fruit and vegetable consumption” to “fitness clubs per capita.” Read on for our findings, sound health advice from trustworthy experts and a full description of our methodology.

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Intercoastal Realty’s Featured Partner Property

Intercoastal Realty partners with luxury real estate companies around the world as well as across the US. Our principal to principal relationship with these firms allows us an opportunity to provide our clients with unique access to both properties and buyers from around the globe.

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Honolulu, Hawaii

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Private and secure resort in the sky offering a rare lifestyle opportunity in the ultimate trophy location. Move right in to this two-story penthouse in Honolulu’s No. 1 Luxury Condominium, “HOKUA”. This fabulous property offers unrivalled breathtaking ocean views toward the East, South and West with walls of glass framing the expansive ocean and Diamond Head views. Well known designers meticulously created this one-of-a-kind penthouse showcasing architectural lighting design, custom built-ins, top quality materials and more. There are 4 bedrooms, 3 full and 1 partial bath and multiple entertaining and lounging areas including a roof-top deck.

To learn more about this property please e-mail to:  info@intercoastalrealty.com

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Brazil takes gold at Fort Lauderdale Major

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Brazilian beach volleyball star Larissa Franca Maestrini should be used to the routine: win a tournament title, high five the fans, take the podium, accept flowers and trophies and checks, pop the champagne. If only the cork cooperated on Sunday afternoon.

Larissa and teammate Talita Da Rocha Antunes struggled to free the champagne from its oversized bottle, needing a few attempts to finally celebrate their victory at the Swatch Major Series’ Fort Lauderdale Major.

In front of a capacity crowd and a national television audience, Larissa and Talita beat fellow Brazilians Agatha Bednarczuk and Eduarda “Duda” Santos Lisboa in the gold medal match 21-15, 21-18.

“We are so happy to know that we are doing our job in the best way,” Talita said.

It was Larissa’s 60th FIVB championship since 2004, the most in women’s beach volleyball history. In addition to Sunday’s $40,000 prize, she has earned more than $1.8 million in her career, also the most ever.

Read more about this in the Sun Sentinel


Beach parking garage is stunning, and so is the cost

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An eye-catching parking garage planned on the beach comes with an eye-catching price.

The five-level structure at the base of the Las Olas Boulevard bridge will cost almost $21 million, or $31,460 per parking space.

By comparison, the 2016 Miami-area average is $16,600 a space, according to national parking consultant Carl Walker Inc. The Broward County Courthouse garage came in at around $18,487 a space, and a 1,000-space Rick Case dealership garage in Davie cost about $17,155 a space, said Paul Kissinger, who heads up the EDSA architectural firm team of Fort Lauderdale, which designed the new beach garage.

Kissinger said the city’s garage, which will begin construction in March, will be dramatically different from those two. It will be part of a growing urban trend of turning traditionally drab parking places into stunning architectural statements.

Read more about this in the Sun Sentinel


Changes in Store for Las Olas Boulevard

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Las Olas Boulevard is in the midst of a retail renaissance.

The Las Olas Co., owner of the Riverside Hotel and a major landlord along downtown Fort Lauderdale’s signature street, says it’s planning to boost Las Olas’ profile by filling a handful of vacancies and a new building with a mix of well-established restaurants and retailers.

Vann Padgett, senior vice president and director of real estate, wouldn’t identify potential tenants. But she said the firm and fellow landlords Steve Hudson and Charlie Ladd have teamed with the Comras Co. to turn the street into a destination shopping and entertainment district that appeals to the increasing number of millennials living and working downtown.

“They need a place where they can go and have a lifestyle,” Padgett said. “We want to bring more of a national face to the boulevard.”

The landlords are searching for big-name national chains, as well as strong local and regional operators, to revitalize the street.

Read more about this in the Sun Sentinel


Intercoastal Realty’s Featured Partner

Intercoastal Realty partners with luxury real estate companies around the world as well as across the US. Our principal to principal relationship with these firms allows us an opportunity to provide our clients with unique access to both properties and buyers from around the globe.

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Carmel-by-the-Sea, California

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Founded in 1913 with four generations of luxury real estate, Carmel Realty Company represents the Monterey Peninsula’s luxury home sales and rental market of Carmel by the Sea, Pebble Beach, Monterey, Carmel and Carmel Valley. Carmel Realty Company is the oldest real estate company in Carmel with a rich history and heritage. There is not another company on the Peninsula who can compare to our experience, our network, our collaborative and team-selling structure, or property inventories.

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Looking for a Pacific Coast private retreat or retirement home? Let Intercoastal Realty offer you a personal introduction to the principles of Carmel Realty Company.

Please e-mail requests to: info@intercoastalrealty.com

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Looking Ahead

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A plan to deepen and widen Port Everglades won a key federal approval Friday, clearing the way for the port to seek Congressional funding for a project that would generate thousands of jobs and maintain the region’s leading position in international trade.
The Army Corps of Engineers approved the plan to deepen the port’s main channels from 42 to 48 feet, as well as deepen and widen part of the Intracoastal Waterway, to accommodate the larger cargo ships that now navigate the world’s trade routes.

After almost two decades of study and research, we are confident that the Corps has developed a plan that keeps Port Everglades competitive globally so that jobs are sustained and created locally,” said Broward County Mayor Tim Ryan. “The plan also uses innovative solutions to address valid environmental concerns that have been raised by environmental stakeholders.”

The project is expected to generate 4,700 construction jobs and nearly 1,500 permanent jobs, according to the port. The estimated cost of $374 million would be paid by Port Everglades user fees, federal money and state funding, with no local property taxes used for the work. Although the project still needs to obtain funding from Congress, Port Director Steven Cernak said the port will move forward immediately on design work, using its own funds. He said design will take up to two years and construction another three years, although the job could well take significantly longer than five years.

 

Read more about this at the Sun Sentinel


Optimism floats as 57th Fort Lauderdale boat show opens Thursday

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It’s that time of the year when boats, yachts and superyachts take center stage in Fort Lauderdale. The 57th Fort Lauderdale International Boat Show runs Nov. 3­7 at seven sites across the city, showcasing its global prowess as the largest in­water boat show on the planet.

“I think this, by far, is going to be the biggest one we’ve done,” Efrem “Skip” Zimbalist III, president of Show Management, the event’s producer, said on Wednesday. “More boats, more new product introductions, more people buying advance tickets. The weather looks good, and I feel great. Everything is falling into place.” The five­ day boating extravaganza will feature nearly 1,500 boats and about 1,000 exhibitors from more than 30 countries featuring more than $4 billion worth of small vessels, yachts, superyachts, electronics and marine accessories, organizers say.

“When you realize that 35 countries participate in it, when you realize that 54 percent of people that attend the show are from outside Florida and you have some of the greatest entrepreneurs in the world [attending], you have an amazing show,” said Phil Purcell, executive director of the Marine Industries Association of South Florida.

The boating event, which last year generated $531.5 million in economic impact in South Florida and $857.3 million statewide, is owned by the Fort Lauderdale ­based trade group.

Read more about this in the Sun Sentinel