If you’re looking for a property that offers both investment and lifestyle benefits, waterfront property in Fort Lauderdale is a perfect choice. With its miles of beautiful beaches and waterways, Fort Lauderdale is one of the most sought-after destinations in Florida. Here are just a few reasons why investing in waterfront property here is a wise decision:
The market for waterfront property in Fort Lauderdale is strong and continues to grow. With its idyllic setting and prime location, demand for these properties is high, meaning values are likely to increase and sustain over time. Waterfront homes are often referred to as “recession-proof” because regardless of a downturn in the market, the inventory of homes that border the Atlantic Ocean and Intracoastal is finite.
In addition, the waterfront lifestyle offers plenty of opportunities for recreation and relaxation. From fishing and boating to swimming and sunbathing, living on the water provides endless ways to enjoy life. Plus, with year-round warm weather, you can enjoy your home’s outdoor spaces all year long.
Another reason why investing in Waterfront property in Fort Lauderdale is a wise decision is that these properties offer great potential for appreciation. With miles of gorgeous coastline and plenty of activities and attractions to keep guests entertained, waterfront homes are perfect for hosting family and friends. They also provide a desirable vacation rental option. In recent months, South Florida has become the #1 vacation destination globally. Short-term and long-term rental pricing has skyrocketed with such demand and limited supply.
When it comes to selling your home, time is money, and by owning a waterfront property, you are almost sure it will sell faster and for a higher price per square foot than any other home not on the water. Waterfront property is an asset that will always have a demand, and with prices on the rise, it is a sound investment for you and your family. So, if you’re looking for an investment that offers both lifestyle and financial benefits, waterfront property in Fort Lauderdale should be at the top of your list!
If you are interested in learning more about purchasing or selling waterfront property, schedule a conversation with Josh Dotoli, our waterfront real estate expert. Josh Dotoli, the founder of DOTOLI Group, brings nearly a decade of real estate experience and over $500 million in residential real estate sales to your real estate transaction. Recognizing his expertise in luxury waterfront real estate, publications like Forbes, Wall Street Journal, Bloomberg, and RealDeal quote Josh as he shares his experience and expertise on topics impacting South Florida Real Estate. Dotoli was recognized by South Florida Business & Wealth Magazine as the winner of the prestigious “Up & Comer Award” in residential real estate and awarded “Best Real Estate Agents in America” by Real Trends and the Wall Street Journal for his outstanding sales volume in 2018, 2019, & 2020. The DOTOLI Group is in the top 1% of real estate teams nationwide.