About Fort Lauderdale's Rio Vista Isles

Since the June 2009 low ($7,111/WFft), only four of the twenty waterfront properties sold below $10,000/WFft, and the 16 properties that sold above $10,000 average $21,456. Waterfront property is appreciating: average closed sale price trailing 24 months--$1,609,029; average closed sale price trailing six months--$1,903,300. Market activity remains slow; during the last six months five closed sales and six new listings—including three in November (average $44,788/WFft). No sales are pending and of the current eight properties listed for sale, only one is priced under the trailing 24-month closed sale price(moving) average.
Details... http://www.coastcountiesrealty.com/Reports/RVI1.htm

The June 2009 historical low ($7,111/WFft) was tested in June 2010 ($9,232), November 2010 ($8,994), and most recently last June ($9,000). However, absent these four sales, the remaining twelve closings since June 2009 average $20,298/WFft. Market activity during the past twelve months is characteristically slow in Fort Lauderdale’s first and most exclusive waterfront subdivision: eight new listings, six closed sales. Of the nine waterfront properties currently available for sale (average $36,576/WFft), only one is priced below market ($12,871/WFft). One property is pending sale ($30,902/WFft).

Get the details...http://www.coastcountiesrealty.com/Reports/RVI1.htm

Fort Lauderdale Waterfront homes in Rio Vista raise the standard of Ft. Lauderdale Waterfront luxury. Rio Vista is a Fort lauderdale Waterftont community that has an old Florida neighborhood feel. Many visitors to the Fort Lauderdale Waterfront area have visited the Las Olas Shopping area which is on the north side of the New River. They have seen the beautiful Fort Lauderdale Waterfront Homes that line Las Olas Isles as you venture from the shopping district to the beach. If they looked on the south side of the river visitors have seen some of Fort Lauderdale most luxurious waterfront estates but often has no idea had to access the area via land. This community is the Ft. Lauderdale Waterfront community of Rio Vista.

With views of downtown, a street that fronts on the New River, sidewalks that add to the community spirit and being just blocks off of Federal Highway (US1) most people are surprised as they enter Rio Vista for the first time. The community consists of East - West facing canals directly off the intracoastal that receive consistent ocean breezes. A winding canal off the New River creates additional water frontage through the neighborhood. Most of the area is no fixed bridge, prime, Fort Lauderdale Waterfront, but part of the area is fixed bridge waterfront and makes for some less expensive Fort Lauderdale Waterfront homes. In addition there are many dry lot homes, some of which are still the original Dade County pine structures dating back to the 20's and giving the community great South Florida character. Rio Vista is one of Fort Lauderdale's oldest communities.

The Rio Vista community consists of over 1000 homes, if you are looking for a home in the area most homes can be found listed in two subdivisions, Rio Vista Isles, and Rio Vista C J Hectors Re. The easiest way to visit Rio Vista homes on line is via our website link to every home listed for sale in Rio Vista.

Thinking of a Fort Lauderdale Waterfront Home for Sale, Eric Miller and Associates are always here to help, with all your needs on the Fort Lauderdale Waterfront.

Below are some photos that we feel give the feel of the beautiful Fort Lauderale Waterfront neighborhood of Rio Vista.

Buying a Fort Lauderdale home is all about living the South Florida lifestyle and at Eric Miller and Associates we are always here to help you find the perfect Fort Lauderdale Waterfront Home.