Fort Lauderdale, FL -- (SBWIRE) -- 09/04/2015 -- Marc Hennes, Luxury Real Estate Agent (The Helicopter House Hunter) released a new report on south Florida's construction boom that's heading north.
ACCESS REPORT >> Obvious Opportunities in South Florida's Construction Boom That's Heading North
Move over Miami, here comes Fort Lauderdale with a condo development building spree. Luxury Real Estate Agent Marc Hennes sees it happening right in front of his eyes when he takes his clients Helicopter House Hunting™ over all these new and pre-construction condominium sights. Marc said: "Yes, the market will get here because there's nothing left in the Miami area. The construction boom of recent years in Miami Beach and its neighboring areas, has used up almost all of the best lots. That's why the same developers are now migrating a little further north to Broward County, to cities such as Hallandale Beach, Hollywood, and Fort Lauderdale. Because of their great beachfront locations, they have a great upside potential. The land is much cheaper too, which makes for good investment opportunities, if you get in the game right now."
Up here, in Fort Lauderdale, you can still get a place for $600 a square foot. Buyers still want access to the beach, but at a fraction of the price, and they can still get that here. Often half or less of what similar condominiums have been fetching in Miami Beach, Sunny Isles, Bal Harbour and other coastal communities in Miami-Dade County. Value for money is especially important for cost-conscious foreign investors who plan to rent out their units. That's why Marc sees more and more affluent Europeans, Brazilians, Russians and other International clientele are seeking out expensive condominiums in the Fort Lauderdale and surrounding area now. Last year, Fort Lauderdale accounted for 8% of Florida's total international sales. Latin Americans represented 33% of international home buyers in the city.
There are currently a few buildings under construction that would probably command close to $5,000 a square foot if they were built in the Miami area, but because it's Fort Lauderdale, spectacular luxury units with 20-feet-deep terraces are selling for $1,100 a square foot. Marc went to see a few pre-construction condominiums last week and what they are about to build here is just stunning, and people who are financially comfortable should be able to get something fantastic. It gets harder and harder in Miami and that's why I see clients coming further north. Not because of the allure, but because people are priced out of Miami Beach, it's that simple. If you are interested in some photos he took of a few fantastic models of these pre-construction condominiums, then please visit his website www.HelicopterHouseHunter.com.
He continues telling that the average price per square foot for luxury condos in Fort Lauderdale was up 14.2% in the second quarter compared with the first quarter, and 18% more than a year before. The average price per square foot in Miami Beach was down 16.1% from the previous quarter, and 2.5% below the second quarter 2014.
Marc, his fellow real estate agents, and developers are seeing exciting times ahead in Fort Lauderdale and they have been saying for months that Fort Lauderdale is coming into its own as a rival of Miami's booming real estate market. Marc said: "Prices are very favorable still in Fort Lauderdale. It's the same beach, it's the same developers, it's the same finishes, but at a fraction of the price."
If you can read between the lines here, then you can probably see that there is a great opportunity right now for you to own a piece of real estate in the Fort Lauderdale area, with prices only to go up. If you are not afraid of heights, then Marc would like to personally invite you for a complimentary Helicopter House Hunting™ experience where he will be your private helicopter pilot, and real estate agent. You will view all of the available new and pre-construction condominiums from 1,000 feet up, fly along the beautiful South Florida beaches, and enjoy the vistas. This exclusive offer is not only available to people wanting to buy new and/or pre-construction condominiums. If you are interested in an Intracoastal home, or something different, please contact Marc and schedule your complimentary flight with him.
About Marc Hennes
Marc is a Luxury Real Estate Agent in the Ft. Lauderdale / Miami area. He offers a unique Helicopter House Hunting™ experience to his Privileged Nine™ clients. His slogan is "Selling Homes on the Fly", and he is The Helicopter House Hunter™. He is also a commercial helicopter pilot and used to be a navigation officer on the largest cruise ships in the world. He is also the Founder of SkilledPilots.com where he reaches over 131,000+ aircraft owners and aviation enthusiasts in 100+ countries worldwide. Marc is your multi-lingual (speaking English, Dutch, German, and Flemish), multi-skilled, multi-talented, internet marketing expert, commercial helicopter pilot, top negotiating real estate agent. If you are interested in reading his full biography please visit his website.
Contact Person: Marc Hennes
Company: Castelli Luxury Real Estate
Address: 823 E Las Olas Boulevard
Phone: (954) 557-6609