Multifamily ask and sale prices continue their upward trend while inventories remain low. Current Fort Lauderdale market trends data indicates a decrease of -0.6% in the median asking price per unit for Multifamily properties compared to the prior 3 months, with an increase of +15.7% compared to last year’s prices. County-wide, asking prices for Multifamily […]
About Rich Barnhart
Rich Barnhart is the Broker / Owner of By The Sea Commercial, LLC, a division of By The Sea Realty, Inc.
Multi-family Asking Prices in Fort Lauderdale Current Fort Lauderdale data indicates an increase of 6.7% in the median asking price per unit for multi-family properties compared to the prior 3 months, with an increase of 19.9% compared to last year’s multi-family prices. Metro Area Multi-family Sales Prices Sales price data indicates a 15.2% increase year […]
Multifamily Sales Price Trend (per unit) The Miami/Fort Lauderdale Metro multifamily market continues its upward trend with per unit sale prices up 14.9% year over year. This trend is relatively modest compared with previous years. This time 3 years ago properties were trading for about $45,000 per unit. Now the median sales price per unit […]
The Fort Lauderdale retail segment has rebounded nicely over the past year, but still has a long way to go to reach the peak we experienced in 2007. Recent improvements in this segment are directly related to the strong housing and labor markets. Low vacancy rates and positive absorption are driving asking retail rent rates […]
According to the June 2014 PKF Hospitality Research, LLC’s (PKF-HR) Hotel Horizons® forecast report, the U.S. lodging industry will achieve an occupancy level of 63.6 % in 2014, topping the pre-recession peak of 63.1 %. According to Mark Woodworth, president of PKF-HR, hotel owners and operators will begin to see real recoveries in average daily […]
We specialize in hotel/motel, retail, restaurant, multi-family and marine properties in the cities of coastal Broward County including Fort Lauderdale, Lauderdale-by-the-Sea, Pompano Beach, Deerfield Beach and Hollywood.
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2400 East Commercial Blvd.
Fort Lauderdale, FL 33308