Fort Lauderdale is sometimes known as the “Venice of America” because of its expansive and intricate canal system. There are over one-hundred miles of waterways within the city limits. Along these waterways are numerous luxury residential real estate properties. Many of the properties are located on ocean-access canals leading to the Intracoastal Waterway. Others are located directly on the Intracoastal Waterway. The combination of waterways and proximity to the Bahamas and Caribbean makes Fort Lauderdale a major yachting center.
When buying a luxury residential property on the water, it is important to work with a knowledgeable real estate broker. A knowledgeable real estate broker will look at several factors to find the right property for you. For a luxury property purchaser with a boat, the broker needs to make sure the boat will be supported by the surrounding location. Canals vary in width and depth. The size of your vessel, beam, and draft should all be taken under consideration when viewing luxury properties. A luxury waterfront purchaser needs to know that their vessel will be able to navigate the canals.
Additionally, whether the canal comes with ocean access should not be overlooked. If the ocean-access canal requires crossing under bridges to get to the Intracoastal Waterway, the height of the vessel becomes key. Without enough clearance, certain luxury residential real estate properties will not make sense for a buyer. Also, properties vary in the amount dock space, thus the length of the boat is important.
When buying a luxury waterfront property, there are important factors that must be considered. Whether you just want a home with an amazing view of the water or you plan for the dock to house your yacht, speed boat, or fishing boat, a knowledgeable real estate broker can provide invaluable advice. In addition to providing experience to Fort Lauderdale luxury residential real estate transactions, our representation will generally result in a 1.75% rebate of the purchase price.