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Hollywood Homeowners: Navigating Challenges, Building Resilience
🌴 Hollywood Homeowners Sound the Alarm: What You Need to Know & How to Protect Your Property
Hollywood, Florida may be known for its breezy boardwalks and waterfront charm, but behind the palm trees, many homeowners are facing a storm of financial and structural challenges. From soaring insurance premiums to surprise condo assessments, the landscape is shifting—and fast. If you own property in Hollywood, here’s what’s happening, why it matters, and how to stay ahead of the curve.
💸 1. Insurance Costs Are Among the Highest in the Country
Florida’s property insurance market is evolving. Rates have jumped 34% statewide, and coastal homeowners are seeing premiums of $5,000–$8,000+ annually—with some projections nearing $15,000 by 2025.
Why it matters:
• Many insurers have pulled out of Florida, reducing competition.
• Climate risks and litigation have driven up costs.
• Homeowners are struggling to find affordable, comprehensive coverage.
What you can do:
✅ Shop around: Use platforms like Policygenius or Insurify to compare quotes. FLOIR.com has state resources as well.
✅ Mitigate risk: Install storm shutters, reinforce roofing, and document upgrades—these can reduce premiums.
✅ Explore Citizens Insurance: Florida’s state-backed insurer may be a fallback option if private coverage is unavailable.
✅ Consult a local insurance advisor: They can help navigate exclusions and find hidden savings. Note: I have insurance advisor referrals for you if needed.
🧾 2. Special Assessments & Condo Reform Fallout
Florida has implemented significant condo reform following the Surfside collapse, impacting structural integrity, financial transparency, and reserve requirements for condominium associations. These reforms have implications for special assessments, which are charges levied on unit owners in addition to regular fees, often to cover unexpected costs or major repairs.
Why it matters:
• Post-Surfside safety reforms require costly upgrades.
• Boards may push assessments without full transparency.
• Owners feel blindsided by sudden financial burdens.
What you can do:
✅ Attend board meetings: Stay informed and ask questions.
✅ Review your condo docs: Understand your rights and obligations.
✅ Join or form owner coalitions: Collective voices can influence board decisions.
✅ Consult legal aid: Organizations like Legal Aid Service of Broward County offer guidance.
🧱 3. Aging Infrastructure & Mandatory Recertifications
The 40-year building recertification process is revealing structural issues that require expensive repairs. Some boards are pushing for upgrades that go beyond safety requirements.
Why it matters:
• Repairs can trigger assessments or loan obligations.
• Delays or noncompliance can lead to fines or evacuation orders.
• Owners are questioning the necessity and scope of proposed work.
What you can do:
✅ Request engineering reports: Ask for third-party evaluations.
✅ Challenge excessive upgrades: Push for cost-effective solutions.
✅ Explore financing options: Look into PACE programs or low-interest loans for necessary repairs.
✅ Stay proactive: Schedule your own inspections to anticipate future needs.
🗣️ 4. Trust & Governance
Many homeowners feel disconnected from their boards, citing poor communication and lack of transparency.
Why it matters:
• Mismanaged funds and opaque decisions erode trust.
• Boards may not reflect the community’s best interests.
• Owners are demanding accountability.
However, there have been recent changes to be aware of: Florida has implemented new legislation, primarily House Bill 1203, impacting Homeowners Associations (HOAs) with the goal of enhancing transparency and accountability.
Key Changes in Florida HOA Documentation Laws:
- Online Posting of Governing Documents:
HOAs with 100 or more parcels must make their governing documents (including the Declaration, Articles of Incorporation, Bylaws, and Rules and Regulations) accessible online through a website or mobile application, starting January 1, 2025.
- Financial Transparency:
HOAs with at least 1,000 parcels are required to prepare audited financial statements annually, regardless of total revenue. Smaller associations must also provide detailed financial reports based on revenue thresholds.
- Access to Official Records:
HOAs must provide access to official records within 10 business days of a written request from a parcel owner. Official records include meeting minutes, financial reports, and other documents related to the HOA’s operation.
What you can do:
✅ Run for a board seat: Bring fresh perspective and transparency.
✅ Use platforms like HOA Express: Improve communication and document access.
✅ Request audit reports: Ensure financial clarity.
✅ Educate your neighbors: Host informal meetups or share resources to build community awareness.
🌟 Final Thoughts: Empowerment Starts with Information
Hollywood homeowners are resilient, but navigating these challenges requires vigilance, collaboration, and smart planning. Whether you’re in a single-family home or a high-rise condo, staying informed and proactive is your best defense.
As a longtime real estate professional and a neighbor here in the Hollywood area, I know how overwhelming these changes can feel. But you’re not alone—and you’re not powerless. Whether you’re navigating rising insurance costs, condo board decisions, or planning for long-term property health, knowledge is your greatest asset.
If you have questions about your home’s value, want help interpreting your condo docs, or simply need a sounding board, I’m here. Let’s turn uncertainty into clarity, and challenges into smart, confident moves.
📩 Feel free to reach out—whether it’s for a consultation, a coffee, or a conversation. Together, we can protect what matters most.
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
SE Florida Market Snapshot – July 2025
Market Trends in SE Florida
The real estate market is adjusting. With the increase in months of supply of inventory, SE Florida is leaning towards a “buyer’s market”. Seller’s are now reassessing their asking price on their properties for sale. It is crucial to examine other similar homes on the market to establish an aggressive original listing price, generating multiple buyer’s attention to your property. This is also an important time to consider a decrease in asking price if the property has been on the market without active offers. I welcome any discussions you may want to have regarding your neighborhood trends. Please reach out to chat, even if you are not ready to buy or sell, but just would like to discuss current real estate updates. Here are the Market Snapshots reflecting the last month (compared to the same month last year) for the following areas:
- Fort Lauderdale
- Wilton Manors
- Hollywood
- Dania Beach
- Hallandale Beach
These take into account all property types (Single Family Homes/Condos/Townhomes).
The real estate landscape in South Florida is evolving quickly—and making smart, timely decisions has never been more important. Whether you’re considering selling, buying, or simply staying informed, I’m here to be your local guide and resource.
Let’s talk about current market trends and how we can align your goals with today’s opportunities. I’d be happy to provide customized market reports for Fort Lauderdale, any SE Florida city, or even your specific neighborhood—all automatically delivered to your inbox.
Call or email me anytime. I’m here to help you move forward with clarity and confidence
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
August 2025 Essentials: Seller Checklist, Curb Appeal Tips & Buying Smarts
August 2025 Newsletter
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August is nearly here, and with it comes a renewed focus on the essentials. Whether you’re prepping to list your home or simply refreshing your space, this month’s newsletter dives into the real estate fundamentals that matter most in our Southeast Florida market. Inside, you’ll find my Ultimate Home Seller’s Checklist — a must-have guide to navigate your sale with confidence, plus stylish updates that add curb appeal, like outdoor water features and statement garage doors. And for those exploring homeownership, check out the 7 clear and practical steps to help you understand what you can afford and how to get started. Let’s simplify the process, elevate the experience, and keep our community inspired. I’m here for any questions or consultations — just reach out! Warm regards, |
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Real Estate Updates | Area Reports | June 2025
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If you have any questions or simply want to talk through your options, I’m here for you. Let’s have a conversation tailored to your goals, and map out the next steps together. I’m here to help and guide you every step of the way with experience and integrity.CONTACT ANNETTELet’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD® Coldwell Banker Realty 901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301 808.747.3686 SL 3535792
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The Ultimate Home Seller Checklist for SE Florida
🌴 The Ultimate Home Seller Checklist for SE Florida: From Decision to Closing
Selling your home in Southeast Florida isn’t just a transaction — it’s a transformation. Whether you’re downsizing, moving closer to family, or simply ready for a change, I know how emotional and overwhelming this process can be. I’ve walked many sellers through this journey, and when you have a clear path forward, you’ll feel more in control, more confident, and ready to celebrate when the keys are handed over.
So, here’s the roadmap — a comprehensive checklist designed especially for SE Florida homeowners. Use this as your guide from that first “maybe it’s time” moment all the way to a victorious closing day.
🧭 Step 1: Deciding to Sell
- Identify your “why” — downsizing, relocation, lifestyle upgrade?
- Research local trends in your neighborhood (Fort Lauderdale, Hollywood, Boca, etc.)
- Estimate equity and potential profits
- Consider seasonal timing (yes, even in sunny Florida — buyer demand fluctuates)
- Talk to a trusted real estate professional (like me!) to run through your options
- Agree on a Listing Price after reviewing a Comparative Market Analysis (CMA)
I will provide you with a CMA that takes into account your neighborhood’s recently sold homes, the current competition and local market conditions.
🛠️ Step 2: Preparing the Property
- Declutter and depersonalize — less is more when buyers tour your home
- Handle repairs and maintenance: roof, HVAC, plumbing
- Boost curb appeal — South Florida buyers notice landscaping!
- Schedule a pre-listing home inspection and seawall/dock inspection if applicable (optional but smart)
- Consider professional staging (especially helpful in open layouts)
- If interested, take advantage of the RealVitalize® program that provides home sellers with home improvement resources during the listing period, with no upfront costs or interest fees.
🎨 Step 3: Marketing & Listing
- Take professional photos to showcase your property effectively online, attracting more buyers*
- Complete the Seller’s Property Disclosure Statement
- Complete the Flood Disclosure
- If applicable, order all HOA documents for disclosure
- Create emotional, lifestyle-driven marketing materials*
- Launch the listing on the MLS and other platforms*
- Feature your home in email campaigns, social posts, and open houses*
- Target buyers relocating to SE Florida — they’re often driven by lifestyle and climate*
*I will take the lead on these items. Please click link to view my Marketing Strategy:
💼 Step 4: Navigating Offers
- Review offers carefully: price, contingencies, closing timelines
- Strategically counter or accept offers based on your goals
- Handle negotiations with clarity and confidence
- Don’t forget: emotional intelligence matters here as much as market savvy
I will promptly present all offers to you so we can discuss them and prepare an appropriate response for the buyer.
📜 Step 5: Under Contract
- Handle any lender-required repairs
- Cooperate with inspections and appraisals and keep communication open
- Complete all remaining required disclosures to provide to the buyer
- Coordinate with the title company and attorney (if needed)
- Keep the property “show-ready” until all contingencies are cleared
I will keep you apprised of all appointments including inspections, appraisals and document signing. I will also make sure all required disclosures are completed and delivered by the deadlines.
🎉 Step 6: Closing Day
- Do your final walk-through the day before (yes, even sellers should check everything)
- Sign final documents and celebrate a smooth transaction
- Transfer keys, garage openers, and final information
- Celebrate!
I hope this comprehensive guide gives you clarity and confidence as you consider selling your home in beautiful Southeast Florida. Every seller’s journey is unique — and the right guidance makes all the difference.
If you have any questions, are curious about your home’s current value, or simply want to talk through your options, I’m here for you. Let’s have a conversation tailored to your goals, and map out the next steps together.
Feel free to reach out anytime to schedule a consultation — whether you’re ready to list or just exploring. Your next chapter starts with a confident first step.
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
Home Selling Marketing Strategy
A successful sale requires a successful plan.
Proven. Powerful. Personal.
The market in SE Florida is shifting. Inventory is rising, days on market are stretching and properties now require strategic, aggressive marketing to stand out. If you are considering selling, representation by a knowledgeable, proactive professional is essential. Part of my marketing plan for selling homes is covered in the video below, but each home is unique and we can discuss what marketing resources would achieve the maximum exposure and create buyer excitement for your property.
📊 Big Picture Trends (Miami‑Dade, Broward & Palm Beach)
✅ Inventory Is Up
- Inventory has increased across South Florida, especially in Broward County, giving buyers more choices and negotiating power.
- Fort Lauderdale has seen 6–10 months of supply, depending on the price point—well above the seller‑market levels of 2021–2022.
✅ Prices Have Leveled, Not Collapsed
- After rapid pandemic‑era growth, prices have softened or flattened, particularly for condos and older properties.
- Well‑located, updated single‑family homes remain in strong demand, especially east of I‑95 and near downtown or waterfront areas.
✅ Buyers Are Cautious—but Active
- Sales volume is lower than peak years, but motivated buyers are still closing when homes are priced correctly.
- Mortgage rates have eased from their highs, hovering around the low‑to‑mid 6% range, which has brought some buyers off the sidelines.
🏡 Fort Lauderdale & Broward County Specifically
⏳ Homes Take Longer to Sell
- Average days on market in Fort Lauderdale are now 60–110 days, compared to under 30 days during the frenzy years.
💰 Pricing Matters More Than Ever
- Most homes are selling at 95% or less of list price unless perfectly positioned.
- Overpricing is the #1 reason listings expire in today’s market.
🏗️ Condos vs. Single‑Family Homes
- Condo market: Softer due to insurance costs, HOA fees, and post‑Surfside regulations, though activity has shown signs of stabilizing.
- Single‑family homes: Still relatively strong, especially move‑in‑ready homes with impact windows, newer roofs, and no HOA.
🔮 Outlook for 2026
- Experts expect modest price movement—neither a crash nor a boom.
- Demand remains underpinned by:
- Continued out‑of‑state migration
- No state income tax
- Lifestyle appeal (beaches, airports, remote work flexibility)
The market rewards prepared sellers and informed buyers.
If you are ready to market and sell your property, let’s make an appointment to discuss how to get it listed and sold. I am committed to my clients. Contact me if you are looking for a dedicated agent who will:
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
Fort Lauderdale June 2025 Area Report
Fort Lauderdale June 2025 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
Fort Lauderdale Real Estate Market Overview
The following is a real estate market report for Fort Lauderdale, detailing sales activity, trends, and statistics for single-family homes and condos/townhouses as of June 2025.
Summary:
Single Family Homes Sales Overview
The single-family homes market has experienced a decline in sales and prices compared to last year. Key metrics indicate a significant drop in both the number of sales and average prices, reflecting a challenging market environment.
- Number of Sales: 146 (down 13.53% from last year)
- New Listings: 293 (down 14.83% month-to-date)
- Median Sales Price: $575,000 (down 13.53% year-over-year)
- Average Sales Price: $967,893 (down 25.3% year-over-year)
- Median Days on Market: 53 (up 39.47% year-over-year)
- List/Sold Price Ratio: 95.2% (down 0.67% from last year)
Condo/Townhouse Market Overview
The condo/townhouse market has also seen a decrease in sales and prices, with notable declines in both new listings and sold properties. This trend suggests a tightening market for these types of properties.
- Number of Sales: 167 (down 10.31% from last year)
- New Listings: 310 (down 24.21% month-to-date)
- Median Sales Price: $435,000 (down 10.31% year-over-year)
- Average Sales Price: $641,687 (down 7.15% year-over-year)
- Median Days on Market: 70 (up 27.27% year-over-year)
- List/Sold Price Ratio: 93.2% (down 2.02% from last year)
Year-to-Date Market Trends
Year-to-date statistics reveal a consistent decline in both single-family homes and condo/townhouse sales, indicating a broader trend in the real estate market.
- Year-to-Date Sold Listings for Single Family Homes: 818 (down 12.98% from last year)
- Year-to-Date Sold Listings for Condo/Townhouse: 890 (down 7% from last year)
- Year-to-Date Median List Price for Single Family Homes: $672,500 (up 7.64% from last year)
- Year-to-Date Median List Price for Condo/Townhouse: $449,950 (down 9.83% from last year)
Market Dynamics and Inventory Insights
The market dynamics show an increase in the average days on market, suggesting a shift towards a buyer’s market. The absorption rate indicates a need for sellers to be competitive.
- Average Days on Market for Single Family Homes: 70 (no change year-over-year)
- Average Days on Market for Condo/Townhouse: 93 (up 24% year-over-year)
- Months Supply of Inventory: Indicates a need for a competitive pricing strategy for sellers.
- Higher absorption rates suggest a more aggressive approach is necessary for sellers to attract buyers.
Conclusion
The report highlights significant trends in the residential real estate market, with declines in sales and prices for both single-family homes and condos/townhouses. For further insights and personalized information, contact me, I’m always available to talk.
We are entering a new real estate market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here to help.
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
Guide for Boaters Buying SE Florida Waterfront Homes with Docks
Navigating Waterfront Home Purchases in Southeast Florida: A Comprehensive Guide for Boating Enthusiasts
As a seasoned real estate professional specializing in waterfront properties in Southeast Florida, I understand the unique considerations that boating enthusiasts must address when purchasing a home. Beyond the allure of scenic views, it’s essential to ensure that the property meets your specific boating needs. Here’s a list of considerations to help you make an informed decision.
1. Assess Dock Dimensions and Setbacks
Before finalizing a purchase, verify that the property’s dock can accommodate your vessel’s length and beam. Florida regulations often mandate setbacks from neighboring property lines to ensure safety and environmental compliance. It’s crucial to consult local zoning laws to determine specific setback requirements for the area you’re considering. The linear length of the waterfront must be able to accommodate the total length of the vessel plus the setback requirement.
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Setbacks:Docks are generally setback 5 feet from the property line, but in some cases, 10 feet is required. This setback is calculated from the property line at the bow and stern sides of the vessel.
2. Evaluate Waterway Accessibility
Determine the property’s proximity to open waters, inlets, and the ocean. Consider the presence of fixed bridges along your intended route. Most fixed bridges over the Atlantic Intracoastal Waterway in Florida offer a vertical clearance of 65 feet above mean high water, except for the Julia Tuttle Causeway in Miami, which has a 56-foot clearance. Ensure that your vessel’s height, especially with antennas or towers, can safely pass under these structures at high tide.
3. Check Water Depth and Draft Compatibility
Assess the water depth at the property’s dock during both high and low tides. Ensure that the depth accommodates your boat’s draft to prevent grounding. A minimum depth of 3 feet at mean low water is often required for single-family docks. Consult tide charts and, if possible, conduct a depth survey to confirm suitability. In my experience, it is smart to ask the current property owner if the waterway has been previously dredged. This may indicate a need for dredging in the future.
4. Inspect Seawall Integrity
A sturdy seawall is vital for protecting your property from erosion and storm surges. Regular inspections are recommended, with experts advising annual checks in areas prone to severe weather. Look for signs of wear, such as cracks, rust stains, or soil erosion. Engage a professional to assess the seawall’s condition and determine if repairs or replacements are necessary. Click link for: Broward County Regional Standards for Seawalls & Flood Barriers
The new Miami-Dade County regional seawall ordinance mandates that all new seawalls must be constructed to a minimum elevation of 5.7 feet NAVD, or 4 feet NAVD if designed to support a future elevation of 5.7 NAVD, according to the City of Miami Beach – Rising Above. It also codifies that seawalls must be upgraded if the property undergoes new construction or substantial improvements, and establishes overtopping as a trigger for seawall elevation and maintenance requirements.
5. Verify Shore Power Availability
Ensure the dock is equipped with adequate shore power to meet your vessel’s electrical needs. This includes checking for appropriate voltage, amperage, and the condition of power pedestals. Proper shore power is essential for charging batteries, running onboard systems, and ensuring comfort during docked periods.
6. Confirm Channel Width and Navigability
The waterway leading to your dock should be wide enough to allow safe maneuvering without encroaching on neighboring properties. In Broward County, Florida, a 30% rule limits the width of a docked vessel to 30% of the canal’s width, measured from the recorded property line. Also, in canals or waterways 50 feet or less wide, fixed or floating docks can extend a maximum of 5 feet from the measurement reference line. Boats cannot be moored to or tied to a seawall or other mooring structure without the owner’s permission, except in cases of distress. Ensure that the channel’s width and depth are sufficient for your vessel’s size and handling characteristics.
7. Evaluate Dock Condition and Boat Lift Feasibility
Inspect the existing dock for structural integrity and maintenance. If you plan to install a boat lift, determine whether the current dock can support it or if extensive repairs are needed. Consult with marine contractors to assess feasibility and compliance with local regulations.
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Constructing or installing docks, boat lifts, and other structures in waterways requires permits from the city engineer and building official.
8. Understand Wake Zone Regulations
If the property is located on the Intracoastal Waterway, be aware of designated wake zones. These areas require vessels to operate at idle speed to minimize wake, protecting both the shoreline and other vessels. Understanding these regulations is crucial for planning your boating activities. It is very common for waterfront home owners on the ICW to have boatlifts due to the waterway’s fluctuating water levels and potential for damage from weather and tides. A boat lift elevates the vessel above the waterline, protecting it from corrosion, algae buildup, and accidental impacts.
9. Know Flood Insurance Requirements
When purchasing a waterfront property in Southeast Florida, particularly in Broward and Miami-Dade Counties, it’s crucial to understand the implications of flood insurance:
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Mandatory for High-Risk Zones: If your property is located in a Special Flood Hazard Area (SFHA) and you have a mortgage from a federally regulated or insured lender, flood insurance is required.
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Recommended for All: Even if your property is outside of designated high-risk zones, flood insurance is strongly recommended. Flooding can occur due to heavy rains, storm surges, or infrastructure failures, and standard homeowners’ insurance policies typically do not cover flood damage.
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30-Day Waiting Period: Be aware that there is typically a 30-day waiting period after purchasing flood insurance before the policy becomes effective.
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Assessing Flood Risk: Use local resources to determine your property’s flood zone designation. Miami-Dade County provides flood zone maps, and Broward County offers an interactive flood map viewer.
Understanding and securing appropriate flood insurance is essential to protect your investment and ensure peace of mind in your waterfront home.
10. Familiarize Yourself with Local and State Regulations
Waterfront properties are subject to various local and state regulations. The Florida Department of Environmental Protection (FDEP) oversees environmental compliance, including dock construction and maintenance. Ensure that any modifications or additions to the property comply with FDEP guidelines and obtain necessary permits.
- If your property is within the BMSD (unincorporated area), you’ll need to contact the Broward County Zoning department directly. You can find their contact information and meeting schedule on their website.
- If your property is within a city or town (like Fort Lauderdale, Pompano Beach, etc.), you’ll need to contact the city or town’s zoning department.
Links to Consult Local Resources for Additional Information:
- Florida Department of Environmental Protection (FDEP)
- Broward County Zoning
- Miami-Dade County Zoning
- Dock Permitting in Florida
- Broward Safe Boating Guide (a VERY comprehensive guide on boating!)
Purchasing a waterfront home in Southeast Florida is a significant investment, especially for boating enthusiasts. By thoroughly evaluating dock specifications, waterway access, and structural integrity, you can ensure that your new home aligns with your maritime lifestyle. Partnering with a knowledgeable real estate professional can provide invaluable insights and guidance throughout this process.
Feel free to reach out if you have any questions or need assistance in finding the perfect waterfront property tailored to your boating needs.
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
SE Florida Market Snapshot – May 2025
Market Trends in SE Florida
The real estate market is adjusting. The most obvious trends are fewer number of properties sold and the increase in months of supply of inventory, leaning towards a “buyer’s market”. Seller’s are now reassessing their asking price on their properties for sale. This is a great time to consider a decrease in asking price if the property has been on the market without active offers. I welcome any discussions you may want to have regarding your neighborhood or some of the headlines that have affected the real estate market. Please reach out to chat, even if you are not ready to buy or sell, but just would like to discuss current trends and updates. Here are the Market Snapshots reflecting the last month (compared to the same month last year) for the following areas:
- Fort Lauderdale
- Wilton Manors
- Hollywood
- Dania Beach
- Hallandale Beach
These take into account all property types (Single Family Homes/Condos/Townhomes).
With the rapidly changing real estate market, now is the time to make informed decisions. Contact me today to discuss the current market trends and how we can work together to accomplish your real estate goals. Please call or email me if you would like to be automatically sent detailed market reports for Fort Lauderdale, another SE Florida city, or your specific neighborhood. I am here to help.
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
South Florida Boaters – Is Your Marina Hurricane-Approved?
🌪️🚤 Is Your Marina Hurricane-Approved with Your Insurance?? 🛥️🌴
🚨 South Florida Boaters — This One’s for You! 🚨
As your trusted real estate advisor, I want to make sure you stay prepared through the end of hurricane season — especially if you secure your boat at a local marina.
🌀 Step One: Is Your Marina Hurricane-Approved?
Not all marinas are created equal. A hurricane “approved” marina is one that’s located in a protected zone (like the Miami River) or has reinforced infrastructure and hurricane-rated storage — think dry stack storage built to withstand Category 4–5 winds. “Hurricane-approved” isn’t a standardized certification. Contact your insurance provider to find out if your policy covers your vessel in that specific marina, each policy is specific to the vessel coverage and marina location.
📄 How This Impacts Boat Owners’ Insurance
Your marina choice can directly affect your coverage and claims:
• Policy Validity During Named Storms. Some insurers require boats to be stored in hurricane-approved facilities to maintain full coverage during a storm. If your boat is left in an unprotected area, your claim could be denied.
• Premiums and Deductibles. Storing in a certified marina may reduce premiums or deductibles, as it lowers the insurer’s risk exposure.
• Haul-Out Reimbursement. Certain policies reimburse haul-out costs if the marina follows a formal hurricane prep protocol.
• Proof of Compliance. Insurers may ask for documentation showing your boat was stored according to policy guidelines—especially if damage occurs.
📞 Call your marina NOW and ask:
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Are you hurricane-rated or located in a designated hurricane safe zone?
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What’s your official hurricane preparation protocol for boat owners?
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Do you offer haul-out services before a storm?
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Do you guarantee space if a storm is forecasted?
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Is my insurance valid if the marina isn’t hurricane rated?
⚓ If your marina is not hurricane-certified, ask what their plan is when a storm is approaching. Some offer temporary haul-outs, trailer storage, or referrals to inland facilities. You may need to coordinate alternate storage or transport well in advance — space fills up FAST.
✅ Pro Tips:
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📆 Don’t wait — get on a hurricane haul-out list now, not when a storm is named.
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📝 Review your boat insurance policy to ensure you’re covered for named storms.
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📍 Store key documents, marina contact info, and your boat’s GPS location in a waterproof container (and in the cloud).
I care about your home and your lifestyle, and that includes your time on the water. Let’s make sure your investment is protected from all angles this season. 🌦️
If you need a list of marinas near your neighborhood that offer strong structural integrity, just shoot me a message — I’m happy to help! 💬
Stay safe, stay prepared!
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
Fort Lauderdale April 2025 Area Report
Fort Lauderdale April 2025 real estate statistics have been released.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
This is the April 2025 Area Report providing a detailed analysis of residential real estate market trends in Fort Lauderdale. It includes data for single-family homes and condos/townhouses, comparing April 2025 to April 2024 and year-to-date statistics.
Key Highlights
Single-Family Homes:
• New Listings: Down 10.55% month-to-date and 1.12% year-to-date.
• Sold Listings: Decreased by 17.61% month-to-date and 8.59% year-to-date.
• Median Sold Price: Increased by 6.33% month-to-date and 13.92% year-to-date.
• Average Sold Price: Up 30.6% month-to-date and 21.5% year-to-date.
• Median Days on Market: Increased by 41.86% month-to-date and 8.33% year-to-date.
• List/Sold Price Ratio: Slight decrease (-0.18% month-to-date, -0.4% year-to-date).
Condos/Townhouses:
• New Listings: Down 24.47% month-to-date and 7.69% year-to-date.
• Sold Listings: Decreased by 9.89% month-to-date but remained flat year-to-date.
• Median Sold Price: Declined by 10.99% month-to-date and 10.34% year-to-date.
• Average Sold Price: Down 5.98% month-to-date and 7.3% year-to-date.
• Median Days on Market: Increased by 47.06% month-to-date and 35.29% year-to-date.
• List/Sold Price Ratio: Slight decrease (-1.28% month-to-date, -0.85% year-to-date).
Commonly asked questions while reviewing the reports:
What is the difference between “Median Sales Price” and “Average Sales Price”?
Median Sales Price | Price of the “”middle”” property sold -an equal number of sales were above and below this price.
Average Sales Price | Average sales price for all properties sold.
What does “Absorption Rate” mean?
Absorption Rate | Looks at the past year’s monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
Single Family Home Area Report listed first, Condo/Townhouses listed second:
We are entering a new real estate market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here to help.
CONTACT ANNETTE
Let’s start working together!
Annette Dammeyer, REALTOR®, ABR®, AHWD®
Coldwell Banker Realty
901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301
808.747.3686
SL 3535792
