Americas On The Park #1503

Americas on the Park Condominium
Walk to Fort Lauderdale Beach Cafes & Shops
Approx 82 Units – Built 1977 –18 Floors
Security Guard at Gated Entry
Pool with Intracoastal Views
Rental Boat Slips to 45 Ft Vessel

One Car Secured Garage Slip – Guest Parking Also
Approx 2623+/- Sq Ft Living Area

Recreation Room with Kitchen
East Views – Views Intracoastal & Inlet & Ocean
Hurricane “Impact” Glass Throughout
Private Balcony with Ocean Views
Huge Living & Dining Areas with Water Views
Dining Area Views Intracoastal Waterway
Neutral Colors
Original Kitchen needs Updating

3 Bedrooms & 2 Full Baths & Powder Room


OUR WEBSITE: (paste web address in browser)
www.LasOlasLifestyles.com

777 Bayshore Dr, #1503,
Fort Lauderdale, FL 33304
Offered at $529,000
MLS ID: F984953

Contact:
SUZANNE WRIGHT: 954-328-0594
RORY VANUCCHI: 754-246-7758
JEAN WHITSON: 954-494-4636

Fax: 954-467-6714
eMail: RoryScottVan@gmail.com

INTERCOASTAL REALTY, INC.
1500 East Las Olas Boulevard
Fort Lauderdale, FL 33301

Lagging economy hits Palm Beach as homes languish a little longer on market

By MEGAN V. WINSLOW, Daily News Staff Writer
Saturday, November 22, 2008

Megan V. Winslow
(enlarge photo)
211 Tangier Ave.: Listed for $10.95 million, 478 days on the market. View more PB homes on market
Palm Beach has enjoyed a hearty share of eye-popping home sales figures this year, including closings of $77.5 million and $95 million.
And according to a fall 2008 residential market report from Brown Harris Stevens, those heavyweight figures have thrust the average price for Palm Beach single-family homes up 80 percent between April and September compared with the same period last year.
But like other luxury home markets across the country, Palm Beach has also seen an increase in the average number of days single-family homes sit on the market. The Brown Harris Stevens report indicates an 8 percent increase from 171 to 184 days between April and September compared with last year.
That's well above the average number of days on market for single-family homes within luxury ZIP codes across the country. According to a Nov. 16 report from the Institute for Luxury Home Marketing in Dallas, the average among 31 major U.S. metro areas is 137 days. That's up from 120 in September and about 110 in January.
Like those local record sales, the high Palm Beach average could be attributed to a few outliers.
According to Multiple Listing Service reports, one Banyan Road home has been on the market for more than 370 days. A Tangier Avenue home, priced at $10.95 million, has been on the market for more than 470 days. And one North Ocean Boulevard home listed for $9.85 million has sat idle for more than 660 days.
Gregory Heym, chief economist for Brown Harris Stevens' parent company Terra Holdings, prepared the local fall report. He said a higher average for days on market in Palm Beach is not surprising in the current economy.
"I think it's a modest increase considering everything that's gone on in the last year," Heym said. "I think it's certainly something to watch. I think you look at that and see the number of sales is down as well (and) you certainly see that there are signs of activity slowing in the market."
Compared with the April-through-September period last year, the number of single-family homes on the market decreased 17 percent from 72 properties to 60, according to the Brown Harris Stevens report.
But island broker Jeffrey A. Cloninger believes the Palm Beach real estate market is still robust — and he doesn't put much weight in days-on-market figures.
While a buyer should be wary of a home that has sat idle for long periods, days on market doesn't always paint an accurate picture, Cloninger said.
Some owners request that an agent not show their home for months so they can enjoy the local season. And with second or third homes, affluent sellers often don't need to unload a property right away and can afford to wait until they get their price, Cloninger said.
"They figure they'd rather take two years to sell a property and sell it at the price they desire than sell it in six months and take a haircut," Cloninger said.
It's also possible that a seemingly new property isn't new at all.
MLS listings can expire, and then the real estate agent or broker will re-enter the property. Doing so causes the days on market number to drop back to zero.
"It's kind of like asking a lady how old she is," Cloninger said. "Is what she says going to match up with the DMV record? Days on market is not a scientific number, because it can be manipulated."
Brown Harris Stevens Executive Vice President Ava Van de Water believes the best way to gauge the health of the local market is through median price.
Heym's report shows a 7 percent increase in median price from $3.25 million in 2007 to $3.47 million in 2008 for Palm Beach single-family homes.
The Luxury Housing Report puts the nationwide average median price this month at near $1.16 million. Ten months ago, that number was $1.18 million.
"A 7 percent increase is very, very good in this market," Van de Water said.
While Cloninger said it's never been a better time to be a buyer — especially in Palm Beach, where property has historically held its value — Heym believes it could take time before buyers creep out of a money-holding pattern and perhaps scoop up some of the properties languishing on the market.
"Like any other market, (Palm Beach is) dealing with a lot of the same uncertainty that's hitting most of the country right now, with everything that's gone on with the economy," Heym said. "I think that, so far, Palm Beach has fared better than most. And I think we'll learn a lot over the next couple of months."

source:

http://www.palmbeachdailynews.com/biz/content/business/2008/11/22/DOM1123.html

Grand Intracoastal Estate - The Landings

INTRACOASTAL ESTATE
THE LANDINGS

NE Point Lot Home - 265 Ft Waterfront
125 Ft Protected Dockage for the Mega-Yacht
Architect: Benedict Group
Builder: Rankin/Gravett Group
8400 Square Feet Living Area
11,000 Total Square Feet
The Ultimate in Materials and Craftsmanship

Travertine Marble with Granite Inlaid Floors
Travertine Marble with Granite Pool Deck and Dock
Lutron One Touch Complete Automation: Lighting - Sound - Security
Hurricane Impact Glass - Elevator
Three Fireplaces - Wine Cellar
Goldplated Fixtures in all Bathrooms
Solid Hand Carved Mahogany Entry Doors from Mexico
Elegant Faux and Plaster Finishes
Wrought Iron Staircase with Gold Leaf Medallions
Renaissance Great Room: Two Story Stone Fireplace - Overlook Balcony
Custom Wood Built-In Media Center in Family Room
Upstairs Living Area: Wet Bar and Vaulted Ceiling
Expansive Patio with Infinity Pool for Large Scale Entertaining
Two Laudry Rooms: One per Each Level
Staff Quarters with Seperate Staircase and Seperate Wing
Formal Dining Room: Water View - Butler's Pantry
Kitchen Area: Breakfast Nook - Family Media Room - Cabana Bath
Third Level: Wet Bar and Sun Terrace with Expansive Views

Yachtsmen:
125 Ft Protected Canal Dockage - Concrete Dock
Canal per Survey: 90 Ft Width allows 30 Ft Combined Dock and Beam
Concrete Dock Wraps Entire Property

Lower Level Master Suite:
Office or Gym - Fireplace - Sitting Room - Adjacent Library - Onyx Baths

Upper Level Master Suite:
Sitting Room - Fireplace - His and Her Baths - Covered Terrace - Onyx Bath


2008 Taxes: $82,000 with Homestead
6 Bedrooms - 8 Baths - 2 Powder Rooms - 3 Car Garage


3311 NE 57 COURT • FORT LAUDERDALE
MLS: F978980
PRICE: $6,950,000

OUR PROPERTIES
http://www.lasolaslifestyles.com

OUR FORT LAUDERDALE AND REAL ESTATE BLOG:
http://www.fortlauderdaleliving.net


Rory Vanucchi: 754-246-7758
Suzanne Wright: 954-328-0594
Jean Whitson: 954-494-4636
RoryScottVan@gmail.com

INTERCOASTAL REALTY
1500 East Las Olas Boulevard
Fort Lauderdale, FL 33301

Fort Lauderdale approves Air & Sea Show's return for 2010

By Brittany Wallman South Florida Sun-Sentinel

December 17, 2008

F0RT LAUDERDALE - When the Air & Sea Show was new to Fort Lauderdale , captivated spectators and happy business owners called it a "shot in the arm," a huge success, Broward County 's Mardi Gras.

Two Fort Lauderdale businessmen who want to hear those words again got the go-ahead Tuesday to resurrect the show. City commissioners voted unanimously to approve a contract with Stanton Smith and Steve Savor, allowing them to start building the show for a return in 2010.

The contract requires the promoters to pay all the city's costs, post a $750,000 bond in case there are problems, and schedule the show so it doesn't hurt The Galleria mall by occurring during that season's heaviest shopping weekend right before Mother's Day. It also must not coincide with an annual ophthalmologist's convention.

"The real reason to do the show, for me," said Mayor Jim Naugle, "has always been that the military leaders have said what a great recruiting tool the show is, to expose kids to a career in the military and attract the best and the brightest to operate that sophisticated equipment."

From 1995 to 2007, promoter Mickey Markoff and his air-show organization put on the annual beachfront spectacle, featuring fighter jets and bombers, military choppers and stunt pilots. The city for years contributed services, but took a tough zero-cost-to-taxpayers approach at Commissioner Christine Teel's urging in 2004.

Markoff said he ended the show because he lost his title sponsor, McDonald's.

Much is ahead of Smith and Savor if they're to bring back the party. Their next stop is the U.S. military, to see if and when the hardware is available. Then sponsors would be sought to underwrite the show.

An admission charge, perhaps for premier seating, is possible, though the contract requires any charge to be "minimal."

They'll also have to contend with environmental concerns. Dan Clark, president of Cry of the Water environmental group, told commissioners that protected reefs offshore cannot be harmed by boat anchors as they have in past shows. He urged the organizers to begin consulting with regulatory agencies.

The Greater Fort Lauderdale Chamber of Commerce supports the return of the show.

Brittany Wallman can be reached at bwallman@sunsentinel.com or 954-356-4541.

source: sun sentinal

link:
http://www.sun-sentinel.com/community/news/fort_lauderdale/sfl-flbairshow1217sbdec17,0,1480001.story

Fort Lauderdale beach parking to change

Brittany Wallman South Florida Sun-Sentinel

7:56 AM EST, December 17, 2008

FORT LAUDERDALE - Fort Lauderdale commissioners have given tentative approval to expanding parking hours and changing the rates for the popular South Beach parking lot a few blocks south of Las Olas Boulevard at 700 Seabreeze Blvd.

Beachgoers enjoy public restrooms, playground equipment and picnic tables there.

The city plans to eliminate the $10 fee and installing parking meters.

The proposed new hours are 5 a.m. to 2 a.m..

City residents who buy a $5 resident parking card would park there for free. Others would pay $1.75 an hour.

A final vote will come at the commission's Jan. 6 meeting.

source: sun sentinal

link:

http://www.sun-sentinel.com/community/news/fort_lauderdale/sfl-parking1217,0,2502273.story

Fort Lauderdale city commissioners approve Beach Walk

Brittany Wallman South Florida Sun-Sentinel

7:40 AM EST, December 17, 2008

FORT LAUDERDALE - Fort Lauderdale city commissioners have approved Beach Walk at Bahia Mar for city owned, privately leased property at 701 Seabreeze Blvd.

The commission's vote Tuesday clears the way for an expansion of the property on the Intracoastal Waterway south of Las Olas Boulevard.

Part of plans for a major overhaul at the Bahia Mar Beach Resort and Yachting Center, the project adds two three-story buildings on Seabreeze.

The city granted a reduction in parking from the required 1,394 spots to 1,025, and waived a maximum 200-foot building length requirement to allow 375 feet.

The project includes a landscaped 10-foot wide walkway along Seabreeze Boulevard and a promenade along the Intracoastal Waterway.

source: sun sentinal

link:

http://www.sun-sentinel.com/community/news/fort_lauderdale/sfl-beachwalk1217,0,6989762.story

1616 SE 8th Street - Rio Vista Isles

RIO VISTA ISLES WATERFRONT HOME
NEAR DOWNTOWN FORT LAUDERDALE



Location:
Wide Water Views – Overlooks Lake Juanita
South Exposure provides lots of Sunshine in the Pool Area
Minutes by Car to the Airport – Beaches – Downtown
4 Blocks from Lauderdale Yacht Club with Tennis




Yachtsmen:
84 Ft Seawall allows a 74 Ft Yacht with Turning Basin
No Fixed Bridges - Minutes to Ocean via Boat
Wide Turning Basin for easy Navigation
Solid Concrete Dock Runs Length of Property



Highlights:
Glenn Wright Home Totally Customized by Owner
Handmade Authentic Clay Barrel Tile Roof
Imported Jerusalem Stone Floors & Walls
Hand Painted “Faux” Walls
Solid Core Arched “Pecky Cypress” Doors Throughout
Built-In Backup Generator System
“CGI” High Grade “Hurricane” Impact Windows & Doors
Bang & Olefson Sound System
Two Story Living Area: River Rock & Quartz Wall with Waterfalls
Handsome Den With Coral Fireplace & Marble Powder Room
Game Room with Wet Bar fits regulation size Billiards Table
Elegant Stone Staircase with Wrought Iron Railing
Formal Dining Room with Coffered Ceiling



Master Suite:
Two Bedrooms were combined to create an Oversized Master Suite
Two Oversized Walk-In Closets and Private Balcony
Upstairs Bedrooms all feature “Pecky Cypress” floors & doors


Master Bath:
Chiseled Glass Borders and Glass Pedestal Sinks
Separate Spa Tub + Multi “Rain head” Shower



Kitchen:
“Viking Professional Line” Appliances
"Downsview" Design Contemporary Kitchen
Solid Butcher Block Prep Area + Eat-In Table
Natural Gas Cooking
Wine Storage Room with Humidor - Separate Wine Cooler



Pool Area:
Oversized Marble Patio with Fire Pit for Entertaining
Heated Pool with “Spectrum” Lighting & Waterfalls Spa



3 Bedrooms – 3 Baths – Powder Room - 2 Car Garage
Den could Easily be Enclosed For 4th Bedroom
Room to Extend House and add Two Additional Bedrooms
2008 Taxes: $22,948 with Homestead
Optional Homeowner's Association



Square Ft per Builder Plans:
5191 Ft Total and 4158 Ft Living Space



Site: 84 Ft Water x 125 Ft
Year Built: Completed 2001 - One Owner Home
Central Cooling & Heating



Schools:
Harbordale Elem- Sunrise Middle- Ft Laud High



1616 SE 8th Street – Fort Lauderdale, FL, 33316
Price: $2,795,000
MLS:



OUR PROPERTIES
http://www.lasolaslifestyles.com



OUR FORT LAUDERDALE AND REAL ESTATE BLOG:
http://www.fortlauderdaleliving.net/



VIRTUAL TOUR:



LAS OLAS MERCHANTS & EVENTS:
http://www.lasolasboulevard.com/



Suzanne Wright: 954-328-0594
Rory Vanucchi: 754-246-7758
Jean Whitson: 954-494-4636
RoryScottVan@gmail.com



INTERCOASTAL REALTY
1500 East Las Olas Boulevard
Fort Lauderdale, FL 33301