View of Fort Lauderdale Luxury Home in Las Olas Isles

Las Olas Isles Homes

Las Olas Isles
Luxury Homes for Sale

Search Homes for Sale in Las Olas Isles

Luxury Fort Lauderdale Homes in the Isles – including: Las Olas Isles, Riviera Isles, Hendrick Isles, Venice Isles and Seven Isles

Key Facts:

  • Homes for Sale  – Prices $898,000 up-to $27 Million
  • Median Sales Price in 2014 was $1,950,000  – this being for a 4 Bedroom 4 Bathroom 4011 square foot Home – with a sales price to square foot price of $476.00
  • 54 of the 59 Sales were for Waterfront Homes
    Median Sales Price in 2014 for a Waterfront Homes was $1,975,000  – this being for a 4 Bedroom 4 Bathroom 4054 square foot Home – with a sales price to square foot price of $501.00
  • Median Sales Price in 2014 for the 5 x Non-Waterfront Home sold was $1,200,000  – this being for a 3 Bedroom 3 Bathroom non waterfront home of 2966 square feet – with a sales price to square foot price of $403.00
  • Fort Lauderdale Homes in this neighborhood typically have between 3 Bedrooms to 6 Bedrooms – there are some 2 bedroom homes and larger “Trophy” homes with 7 or more bedrooms!
  • Median sales for Las Olas Isles / Isles Home prices in 2014 are up 41% or $575,000 from a low in 2009 when the median sales price was $1,375,000 – note however the dip back to $1,385,000 in 2012
  • Most Expensive Home Sale in 2014 was 1000 Riviera Drive a 6 Bedroom 7 Bathroom “Estate” Home which sold for $12,500,000 – with a sales price to square foot price $997.00 – this was the highest square foot price paid in 2014.Note: The Highest Square Foot Price Paid in 2013 was for 710 Coral Way a 4 Bedroom 5.5 Bathroom Home which sold for $7,445,750 – with a sales price to square foot price $1675.00 – this home was on a large point lot!
  • Important to note is that the Las Olas Isles / Isles median sales prices per square foot in 2014 at $476.00 are still down almost $107.00 per square foot from the median of $583.00 achieved in 2006

Las Olas Isles Homes
Aug / Sept 2016

At time of writing there are 105 x Las Olas Isles Homes for Sale here in Fort Lauderdale – which is down a little4 from the 119 x Las Olas homes for sale in our last post on Las Olas Isles Luxury Homes for Sale

The market analysis report for these Luxury Fort Lauderdale  homes is presented below

$$  Beds/Baths SF/FF List Price
High 10/13 17,876 $27,000,000
Low 2 / 2 1,328 $898,000
Avg 5 / 5 6,337 $4,260,940
Med 5 / 5 6,120 $3,395,000

We can see from this report that the median price for a Luxury Fort Lauderdale home for sale in Las Olas Isles is $3,395,000 – this being for a 5 bedroom 5 bathroom home of 6120 square feet

The median in our last post the median was $3,399,000 – this being for a 5 bedroom 5 bathroom home of 6325 square feet

The median in our prior post the median was $3,295,000 – this being for a 5 bedroom 5 bathroom home of 5025 square feet

It is important to note the differences in the median square footage!

More on  Las Olas Isles and Isles Homes for Sale Fort Lauderdale

 

Kevin Wirth - Fort Lauderdale Realtor

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Email: kevinsellsmore@gmail.com

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Las Olas Isles 
2014 Prices by Bedroom

Here is the market analysis summary for the luxury Las Olas Isles / Isles homes sold in 2014 by median prices by bedroom.

Beds/Baths SF/FF Sale Price SP$/SqFt
2 / 2 1,431 $1,000,000 $699
3 / 3 2,483 $1,240,000 $522
4 / 3 3,741 $1,950,000 $544
5 / 5 5,600 $2,450,000 $430
6 / 6 6,036 $2,700,000 $458
7 / 8 6,510 $3,850,000 $591
  • That for the 1 x 2 bedroom luxury Las Olas Isles / Isles homes sold in 2014 that the sales price was $1,000,000 – this being for a 2 bedroom 2 bathroom waterfront home of 1431 square feet with  a sales price to square foot price of $699.00
  • That for 3 bedroom luxury Las Olas Isles / Isles homes sold in 2014 that the median sales price was $1,240,000 – this being for a 3 bedroom 3 bathroom home of 2483 square feet with  a sales price to square foot price of $522.00
  • That for 4 bedroom luxury Las Olas Isles / Isles homes sold in 2014 that the sales price was $1,950,000 – this being for a 4 bedroom 3 bathroom home of 3741 square feet with  a sales price to square foot price of $544.00
  • That for 5 bedroom luxury Las Olas Isles / Isles homes sold in 2014 that the median sales price was $2,450,000 – this being for a 5 bedroom 5 bathroom homes of 5600 square feet with  a sales price to square foot price of $430.00
  • That for 6 bedroom luxury Las Olas Isles / Isles homes sold in 2014 that the median sales price was $2,700,000 – this being for a 6 bedroom 6 bathroom homes of 6036 square feet with  a sales price to square foot price of $458.00
  • That for the 1 x 7 bedroom luxury Las Olas Isles / Isles home sold in 2014 that the sales price was $3,850,000 – this being for a 7 bedroom 8 bathroom homes of 6510 square feet with  a sales price to square foot price of $591.00

More on 2014 homes sales in Las Olas Isles

Note: In 2012 while the median sales price to square foot price was $420.00 and the most expensive sales price to square foot price was $1,104.00

More on 2012 home sales in Las Olas Isles

In 2013 the most expensive sales price to square foot price was $1,675.00 – up over $570.00 per square foot from 2012

More on 2013 home sales in Las Olas Isles

Las Olas Isles
New Construction Homes

For Lauderdale is enjoying a resurgence in new construction homes and there were 2 new construction home sold here in Las Olas Isles / the Isles in 2014.

The market analysis report for these new construction homes is presented below.

 $$ Beds/Baths SF/FF Sale Price
High 5 / 5 6,000 $4,200,000
Low 5 / 5 6,000 $3,775,000
Med 5 / 5 6,000 $3,987,500

We can see from this report that both new construction homes were 6000 square foot homes- with sales prices from $3,775,000 and $4,200,000.

These homes one at 501 Coral Way and the other at 616 Solar Isle Drive both had a sales price to square foot price of $700.00 per square foot.

View of luxury Fort Lauderdale Isles Home in Seven Isles

Las Olas Isles
Home Sales 2006 – 2014

Our market analysis report for Fort Lauderdale luxury home sales in the neighborhoods of Las Olas Isles / the Isles for 2006 – 2014 is presented below.

 Median Beds/Baths Sale Price SP$/SqFt
2014 4 / 4 $1,950,000 $476
2013 4 / 3 $1,529,000 $514
2012 4 / 4 $1,385,000 $420
2011 4 / 4 $1,475,000 $427
2010 4 / 4 $1,400,000 $418
2009 4 / 4 $1,375,000 $464
2008 4 / 4 $1,800,000 $494
2007 4 / 4 $2,025,000 $541
2006 4 / 4 $2,200,000 $583

We can see from this report the median MLS sales data for Las Olas Isles / Isles home sales for each year from 2006 to 2014.

Median sales for Las Olas Isles / Isles Home prices in 2014 are up 41% or $575,000 from a low in 2009 when the median sales price was $1,375,000 – note however the dip back to $1,385,000 in 2012

Important to note is that the Las Olas Isles / Isles median sales prices per square foot in 2014 at $476.00 are still down almost $107.00 per square foot from the median of $583.00 achieved in 2006

Most Expensive
Home Sold in 2014

Las Olas Isles / Isles is very popular with luxury Fort Lauderdale Home buyers and prices are on the rise.

Here is an overview of the most expensive home sold in Las Olas Isles / Isles in 2014.

1000 Riviera Drive
Offered for Sale $12,900,000

Located on an Intracoastal point lot with 525’+/- of deep water frontage and spectacular wide water views, this home is widely known as the Anheuser Busch Estate.

This luxury Fort Lauderdale waterfront home features include an oversized lap pool, double glazed hurricane impact windows, a two bedroom guest house, city gas, generator, dockage and a twelve foot gate surrounding the property for privacy.

The home offers “Classic” old world elegance combined with all the modern amenities one would expect in a world class estate.

Market Analysis
Report

The market analysis report for this home is presented below.

Beds/Baths SF/FF Sale Price SP$/SqFt
6 / 7 12,533 $12,500,000 $997

We can see from this report that this 6 bedroom 7 bathroom 12,533 square foot home sold for $12,500,000.

This luxury home had a sales price to square foot price of $997.00.

Also important to note is that this home sold for 97% of list price and had 837 days on market.

837 days or approx 2.2 years is the time from the date the home was listed for sale till the date the home sold and closed!

Kevin Wirth - Fort Lauderdale Realtor

I hope you enjoyed reading about Fort Lauderdale Homes for Sale here in Las Olas Isles / the Isles  by Kevin Wirth Realtor

More on Las Olas Isles Homes

Las Olas Isles Homes for Sale May / June 2016

Las Olas Isles and Isles Homes for Sale Dec 2015 / Jan 2016

Las Olas Isles Homes for Sale  – Oct / Nov 2015

Las Olas Isles Homes for Sale  – Sept / Oct 2015

Las Olas Isles Homes for Sale – July / August 2015

Las Olas Isles Homes for Sale – May / June 2015

Las Olas Isles Homes for Sale – April / May 2015

Las Olas Isles Homes for Sale – March / April 2015

Las Olas Isles Homes for Sale – Jan / Feb 2015

Las Olas Isles Homes for Sale Nov / Dec 2014

Las Olas Isles Homes for Sale – Aug / Sept 2014