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Relocating to South Florida | 5 Reasons to Love Lighthouse Point Real Estate
5 Reasons You Will Want to Move to Lighthouse Point in South Florida
Lighthouse Point in South Florida is a private and exclusive suburb of Fort Lauderdale, just 12 minutes south of Boca Raton. Some relocation buyers might have never heard of this community and therefore we wanted to provide you with 5 reasons why you should look into this area before making a final decision about your move to South Florida.
The Lighthouse Point Lifestyle
Lighthouse Point is ideal for boaters with a large boating community and ocean access in 15 minutes. The community’s very own yacht club, Lighthouse Point Yacht club is held in high regard by yachtsman and boating enthusiasts. The Club’s marina accommodates sport fishing craft and yachts from 30 to 120 feet with 30-, 50-, and 100-amp service on a year-round or seasonal basis. Complementing the full-service facilities is an attentive dockside staff ready to meet your power boating and sport fishing needs. The Lighthouse Point Tennis Center boasts 9 clay courts of which 6 are lighted for evening play. The facility is an 2021 USTA Outstanding Facility Award winner.
For those that want to go out for a bite, the community offers, the Nauti Dawg restaurant, which is located at the marina on the water. Al Fresco dining at its best! Another local favorite is Cap’s Place Island Restaurant. For over 85 years Cap’s Place has been known for fresh native seafood and there famous hearts of palm salad, recognized as a national landmark Cap’s is Broward County, Florida’s oldest restaurant. Among some of the notables who have enjoyed Cap’s creative cuisine are Franklin D. Roosevelt, Winston Churchill, the Vanderbilts, the Rockefellers, Al Capone, Meyer Lansky, Casey Stengel, George Harrison, Errol Flynn, the Temptations, Susan Hayward, Gloria Swanson, Mariah Carey, “Norm” from TV’s Cheers and Joe Namath. Cap’s has hosted the famous and infamous for decades.
There are several Private clubs nearby such as The Boca Raton Resort and Club, Royal Palm Yacht and Country Club and The Hillsboro Club
Lighthouse Point’s Central Location
Lighthouse Point is within close proximity of many of Florida’s most prominent cities. Boca Raton is merely a 12 minute drive away, while Fort Lauderdale is just a 15 minute drive. A little bit further at 40/45 min you are either on Palm Beaches’ Worth Ave or if you went south you can be at the Bal Harbor Shops for some ultra-luxury shopping and dining. For those who travel frequently there are three airports: Fort Lauderdale airport is a 25 minute drive, Palm Beach International airport is a 40 minute drive while Pompano Beach Executive Airport is just 8 minutes away.
Safety
Lighthouse Point is also known for its extreme safety. It has its own police force that checked on your property once a day while you are away on vacation. The community also has security cameras installed at all roads in and out of the town and there is a new fire station under construction.
Nature and Beaches
Lighthouse Beach is super close to the beach. The waterfront community offer fast access to Hillsboro Beach, Pompano Beach and Deerfield Beach. Furthermore, the Lighthouse Point Community is known for its nature. The area offers approximately 20 acres of parks and mini-parks and 13 miles of sidewalks/bike paths symbolize the nature of community life. Ideal for family life or those who appreciate the outdoors.
Lighthouse Point Real Estate
The community offers 18 miles of waterways and therefore most of the Lighthouse Point homes are located on a waterfront lot. If you are looking for a tranquil waterfront community outside of major cities like Miami or Fort Lauderdale, this is the place to be. Lighthouse Point waterfront lots start at around $875K for tear-down properties or homes that will need remodeling. The markets best finished and most luxurious homes can trade for as much as $10M+. Dry lot homes start at approx. $600K.
Lighthouse Point is nestled between some of South Florida’s most prestigious real estate markets and still offers very affordable prices per SF compared to waterfront homes in other markets such as Miami or Fort Lauderdale. In the graph below I compared several waterfront markets and their average prices per SF to the Lighthouse Point waterfront market. As you can see Lighthouse point offers the most affordable prices per SF, which might make this market much more attractive for certain buyers or investors.
Comparing the average sales prices per SF of waterfront homes in Lighthouse Point to those of waterfront homes in other waterfront communities in Miami and Fort Lauderdale. Data are taken over the last 12 months.
Since 2016, Lighthouse Point real estate has appreciated by at least 22%. Just like other luxury markets, Lighthouse Point real estate experienced a significant increase in value during the pandemic.
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FAQ
These are the most commonly asked Google Real Estate Related questions
1. What are the Current Best New Condos in Miami?
If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023.
2. What is the best New Construction Condo in Fort Lauderdale?
In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.
3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami?
Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!
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