Icon Las Olas and Fort Lauderdale Real Estate: What Smart Investors Are Doing Now

Introduction:

Fort Lauderdale real estate It is one of the hottest markets in the United States today. It was valued more than 25% last year, says Andrew James, real estate broker, preconstruction investor and founder of MiamiNewConstructionGuide.com

After 7 years of litigation, final approval for Waves Icon, the luxurious high-rise condominium that rises to 42 stories and is embodied in 272 beautiful units. Waves Icon It will be the tallest condo development in Fort Lauderdale. This is an important event in the history of Fort Lauderdale.

The downtown Fort Lauderdale area, especially around Las Olas Boulevard, has seen dramatic growth in the last decade and is now home to many new hotels and high-rise condo developments.

Fort Lauderdale is very protective of its waterfront and it is said that it will be a long wait before the city of Fort Lauderdale approves another waterfront development.

Waves Icon It will begin accepting reservations in mid-January 2006. It is priced between $ 600 and $ 650 per foot. Pricing will set a new higher standard for prices charged in the Las Olas Riverfront area of ​​Fort Lauderdale.

Icon Las Olas – Strong demand

We are seeing great interest in the project from buyers looking for a luxury vacation home to be ready in a few years, as well as from savvy investors. It’s going to be the place to meet the rich and famous and a great place to network, says Andrew. If the recent past is an example, Icon South Beach and Icon Brickell offered great returns to their investors.

Waves Icon It is a riverfront development that will provide future residents with ocean (some units), river and downtown views. No need to drive. In front of the building, you can take the water bus to the main shopping areas, restaurants, and art exhibits, including the museum where King Tut is currently located.

How to benefit from this event

Fort Lauderdale real estate it has been rewarding for its buyers. According to CNN, Fort Lauderdale real estate is expected to appreciate another 21.9% next year.

To benefit from Waves Icon approval:

Option 1: Reserve a unit on Icon, requires approximately 10% now and 10% in December 2006.

Option 2: Consider purchasing a unit in one of the new Las Olas condos. New condos on the Las Olas waterfront will be appreciated thanks to the new icon. You can get one of these units starting at 300 and rent it or use it as a vacation home. The Las Olas Riverfront rental market has a low vacancy rate and demands a high premium. Renters are willing to pay higher rents to enjoy the quality of life that the Las Olas Riverfront area offers.

About Fort Lauderdale, Florida:

Fort Lauderdale is known as “Venice of America”. Fort Lauderdale offers an extensive network of canals and is an especially popular destination for fishing and boating. The downtown Fort Lauderdale area, especially around Las Olas Boulevard, has seen dramatic growth in the last decade and is now home to many new hotels and high-rise condo developments. Other improvements include a wide range of new boutiques, galleries and restaurants, as well as improvements to Lockhart Stadium.

Fort Lauderdale is alive in its own unique way. Las Olas has great energy for work, shopping, dining, gallery browsing, and people watching, while just a few blocks east, beach goers stay in their laid-back style. Several large companies are based in Fort Lauderdale, including AutoNation USA, Citrix Systems, and National Beverage Corp.

Whether you are considering Waves Icon as a holiday home or for investment, Waves Icon will offer the opportunity to own a world-class waterfront property in a world-class city with a dynamic present, a bright future, and excellent potential for appreciation.

Milestone offer:

[http://www.MiamiNewConstructionGuide.com] is celebrating a record year for sales.

They are offering a 20% cash back (limited time offer) to real estate buyers. This could mean substantial savings for buyers.

Resume

Waves Icon is a welcome addition to Fort Lauderdale real estate. It will have a positive impact on the Condominium market facing the Las Olas River.