Coral Ridge: Neighborhood Homes Sales

Coral Ridge: Fort Lauderdale, FL

The subdivision of Coral Ridge, located in Fort Lauderdale, Florida has experienced healthy sales activity within the past 3 months.  A total of 47 transactions have taken place ranging in price from $305,000 for a  3/2 ranch home to an intracoastal lot with 250' of water-frontage which sold for $2,540,000 (Pictured left).  All but 4 of the homes have pools and 70% 

Waterfront home in Fort Lauderdale, FL

of the homes sold in Coral Ridge within the past 3 months were located on the water.  The average days on the market was 120 days and a majority of the homes sales were completed with financing assistance.  Coral Ridge is located in East Fort Lauderdale, North of Sunrise Blvd, East of US-1, and South of Commercial Blvd.  The intracoastal is the Eastern boundary of this waterfront, golf course and dry lot subdivision.

Oakland Park raises taxes but not as much as first proposed

It wasn't all bad news for residents of Oakland Park, FL. Faced with a 6.9% increase in its tax rate, commissioners rejected the rate and instead imposed a lesser one.  The tax rate was increased by 5% to make the new rate $6.31 per every $1,000 of assessed value.  Plantation residents weren't so lucky.  Amid an outcry from its residents, City Commissioners raised the tax rate a whopping 22%!!

Oakland Park raises taxes – but not as much as first proposed

Developers pitch indoor ski slopes in Sunrise, Florida.

No, the title is not a misprint. Developers are pitching an indoor winter theme park in Sunrise, Florida close to Sawgrass Mall.  The theme park will offer skiing, snow boarding sledding, snow mobiling, ice skating, among other activities.  The pitch is sure to attempt to "piggy back" off of business from the Bank Atlantic Center (soon to be renamed BB & T Center) where the Florida Panthers play their home games.  We have heard these "theme parks" proposed in the past but none like an indoor winter theme.  Can this become a reality or is this just a developers fantasy?

http://www.sun-sentinel.com/news/broward/fl-sunrise-ski-slopes-20120917,0,6490475.story