Downtown Fort Lauderdale Condo Inventory

Downtown Fort Lauderdale Condominium

 

Building Name                  Active Listings    Total Units     % of units for sale

350 Las Olas                       10                             163                   6.1%

Las Olas By the River      11                             240                   4.6%

Las Olas Grand                   2                               213                    1.0%

Las Olas River House      14                             287                   4.9%

Nu River Landing             28                             408                   6.9%

Strada 315                           10                             117                    8.5%

Symphony                           15                             315                    4.8%

Waverly                                11                             304                    3.6%

WaterGarden                      14                             315                    4.4%

The number of active listings in Nu River is surprising.  28 listings leaves buyers with a lot of choices, and room for negotiation.  I represent a large number of unit owners in Nu River.  They're all now close to a point where they can sell, without having to short sale.  A number of owners in the building have written their deposit off and just want out, without having to short sell.  You can apply that same thought to Strada.

Where I really see some buying opportunity would be in Symphony, Las Olas River House, and WaterGarden.  These buildings are all maintained very, very well.  We don't always see this level of inventory for sale in these buildings.  Again, this is an opening for buyers.

Conversely, if you own a unit in Las Olas Grand and were thinking of selling, now is the time!  With so few units for sale sellers can control the market in this building.

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I work as a Realtor in Southeast Fort Lauderdale. If you’re interested in buying or selling a home, condominium, or townhouse (townhome) in: Rio Vista, Victoria Park, Downtown Fort Lauderdale, Fort Lauderdale Beach, Sailboat Bend, Tarpon River, Croissant Park, Collee Hammock, Wilton Manors, Poinsettia Heights, Coral Ridge, or Las Olas Isles, please feel free to contact me at (786)443-7203 or through my email caseyprindle@gmail.com. I am a Realtor that works on Saturdays in order to accommodate those with busy schedules.

Veniceofamericahomes.com is a trusted source for real estate trends, statistics, and data, as well as aesthetics.

Written By Casey Prindle

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