I am a licensed Real Estate Broker/Associate agent with United Realty Group, LLC who is an independent commercial real estate brokerage. I am also committed to provide my outstanding service and value to buyers, sellers, investors seeking long or short-termed investments in Florida.
Cash Sales - Fort Lauderdale, One Of The Largest Cities In Florida.
Fort Lauderdale (frequently abbreviated as Ft. Lauderdale) is a city in the U.S. state of Florida, on the Atlantic coast 23 miles (37 km) north of Miami. It is the county seat of Broward County. As of the 2010 census, the city had a population of 165,521. It is a principal city of the South Florida metropolitan area, which was home to 5,564,635 people at the 2010 census.
The city is a popular tourist destination, with an average year-round temperature of 75.5°F (24.2 *C), and 3,000 hours of sunshine per year. Greater Fort Lauderdale which takes in all of Broward County hosted 12 million visitors in 2012, including 2.8 million international visitors. The city and county in 2012 collected $43.9 million from the 5% bed tax it charges, after hotels in the area recorded an occupancy rate for the year of 72.7 percent and an average daily rate of $114.48. The district has 561 hotels and motels comprising nearly 35,000 rooms. Forty six cruise ships sailed from Port Everglades in 2012. Greater Fort Lauderdale has over 4,000 restaurants, 63 golf courses, 12 shopping malls, 16 museums, 132 nightclubs, 278 parkland campsites, and 100 marinas housing 45,000 resident yachts.
Fort Lauderdale is named after a series of forts built by the United States during the Second Seminole War. The forts took their name from Major William Lauderdale (1782-1838), younger brother of Lieutenant Colonel James Lauderdale. William Lauderdale was the commander of the detachment of soldiers who built the first fort. However, development of the city did not begin until 50 years after the forts were abandoned at the end of the conflict. Three forts named "Fort Lauderdale" were constructed; the first was at the fork of the New River, the second at Tarpon Bend on the New River between the Colee Hammock and Rio Vista neighborhoods, and the third near the site of the Bahia Mar Marina.
The area in which the city of Fort Lauderdale would later be founded was inhabited for more than twelve thousand years by the Tequesta Indians. Contact with Spanish explorers in the 16th century proved disastrous for the Tequesta, as the Europeans unwittingly brought with them diseases, such as smallpox, to which the native populations possessed no resistance. For the Tequesta, disease, coupled with continuing conflict with their Calusa neighbors, contributed greatly to their decline over the next two centuries. By 1763, there were only a few Tequesta left in Florida, and most of them were evacuated to Cuba when the Spanish ceded Florida to the British in 1763, under the terms of the Treaty of Paris (1763), which ended the Seven Years' War. Although control of the area changed between Spain, United Kingdom, the United States, and the Confederate States of America, it remained largely undeveloped until the 20th century.
According to the United States Census Bureau, the city has a total area of 38.6 square miles (99.9 km2), 34.7 square miles (90.0 km2) of which is land and 3.8 square miles (9.9 km2) of which is water (9.87%). Fort Lauderdale is known for its extensive network of canals; there are 165 miles (266 km) of waterways within the city limits.
The city of Fort Lauderdale is adjacent to the Atlantic Ocean, includes 7 miles (11 km) of beaches, and borders the following municipalities:
As of 2010, those of (non-Hispanic white) European ancestry accounted for 52.5% of Fort Lauderdale's population. Out of the 52.5%, 10.3% were Irish, 10.1% German, 8.1% Italian, 7.1% English, 3.0% Polish, 2.1% French, 1.9% Russian, 1.7% Scottish, 1.2% Scotch-Irish, 1.0% Dutch, 1.0% Swedish, 0.6% Greek, 0.6% Hungarian, 0.5% Norwegian, and 0.5% were French Canadian.
As of 2010, those of Asian ancestry accounted for 1.5% of Fort Lauderdale's population. Out of the 1.5%, 0.4% were Indian, 0.3% Filipino, 0.3% Other Asian, 0.2% Chinese, 0.1% Vietnamese, 0.1% Japanese, and 0.1% were Korean.
Fort Lauderdale's economy is heavily reliant on tourism. From the 1940s through the 1980s, the city was known as a spring break destination for college students. However, the college crowd has since dwindled, with the city now attracting wealthier tourists. Cruise ships and nautical recreation provide the basis for much of the revenue raised by tourism. There is a convention center located west of the beach and southeast of downtown, with 600,000 square feet (55,742 m2) of space, including a 200,000-square-foot (18,581 m2) main exhibit hall. Approximately 30% of the city's 10 million annual visitors attend conventions at the center.
The downtown area, especially around Las Olas Boulevard, first underwent redevelopment starting in 2002 and now hosts many new hotels and high-rise condominium developments. The downtown area is the largest in Broward County, although there are other cities in the county with commercial centers. Office buildings and highrises include Las Olas River House, Las Olas Grand, 110 Tower (formerly AutoNation Tower), Bank of America Plaza, One Financial Plaza, Broward Financial Center, One East Broward Boulevard, Barnett Bank Plaza, PNC Center, New River Center, One Corporate Center, SunTrust Centre, 101 Tower, and SouthTrust Tower.
The Fort Lauderdale metropolitan area foreclosures increased 127.4% from 2006 to 2007, or one filing per 48 households in the quarter. Fort Lauderdale ranks fourth in the list of top 10 metropolitan areas ranked by foreclosure filings per household for the third quarter of 2007.
Fort Lauderdale is a major manufacturing and maintenance center for yachts. The boating industry is responsible for over 109,000 jobs in the county. With its many canals, and proximity to the Bahamas and Caribbean, it is also a popular yachting vacation stop, and home port for 42,000 boats, and approximately 100 marinas and boatyards. Additionally, the annual Fort Lauderdale International Boat Show, the world's largest boat show, brings over 125,000 people to the city each year.
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I look forward to speaking with you soon.
Daniel L. Tedesco
Phone: (954) 882 4252
Florida Website: http://florida-commercial-broker1.com
Off-Market Listing, All-Cash
Transactions - This Website is seeking
buyers or investors looking for
Off-Market Commercial Properties who
prefer all-cash transactions.
Florida, New York and Alabama were considered the top three states with the highest percentage of buyers paying with cash instead of taking out loans or mortgages.
Approximately 64% of all 2014 commercial land sales in Florida were cash-only purchases. Foreign investors are helping drive Florida Commercials Investment cash-only sales and leads the nation.
Many investors are
starting to consider investing into the
Florida's hotels and motels. Long and
short-term investments are fueling these
markets, which make it a good time to do
I am located in State Of Florida. Contact me today about your commercial real estate needs, which may be in Palm Beach, Miami, Keys West and the Orlando Florida areas.
Florida's locations and low taxes, favorable weather are just a few reasons to invest. If you are considering purchasing or selling Commercial Real Estate or Invest In Fla. Contact Daniel L. Tedesco. (954) 882 - 4252.
All-cash transactions are
the trend and cash offers are winning the
commercials sales, bidding wars.
Nationwide, commercial investment sales in the first quarter of 2014 were all-cash purchases, a sharp rise from 2013.
Analysts say many of the all-cash purchasers are foreign investors, who are snapping up properties in Miami, Palm Beach, Orlando and Key West Florida, where all-cash sales account for more than half of all sales. If you are interested in Off Market - Commercial Investments, Contact Daniel L. Tedesco at email@example.com
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&Telephone: USA 954-882-4252
The Building Owners and Managers Association (BOMA) classifies office space into three categories: Class A, Class B, and Class C.
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Investing In A Florida Business Parks, Office Parks. A Business Park or Office Park Is An Area Of Land In Which Many Office Buildings Are Grouped Together.
Cash Sales, Selling or Buying Florida Real Estate For Cash Is A Quick And Easy Method of Selling, Buying Commercial Properties.
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