Private Island, Private

Good evening, Friends,

Happy Election Day! I know you must be thinking – “what’s this gal doing sending out a newsletter today?” Well, it could also be “Relocation Day” – whether you’re moving states or out of the US, depending on your preferences and the results (kidding, kidding)! Whether you’re buying or selling in Florida, or looking to get out of Dodge with a move to The Bahamas, I’ve got you covered!
🙃 👱‍♀️🏝️

In all seriousness, no matter the outcome and your preferences, I pray that we always come together as a country and celebrate our great nation and local communities. Meanwhile, as the numbers roll in throughout the evening, enjoy some great real estate insights from around South Florida and The Bahamas!

In this edition of This Week With TPH, you can expect:

- There’s private – and then there’s private island, private. Learn about this incredible new construction opportunity in paradise – The Residences at Montage Cay.

- Check out my REIMAGINE Thought of the Week, where I share an important belief about land-use policy, single-family home pricing, and opportunity (keep scrolling; don’t miss this).

- I’m launching a video companion to this newsletter where you can see me in action working hard for you! This past week was packed with highlights, including the Fort Lauderdale International Boat Show, a featured opportunity preview, and more.

Also, I came across this quote and wanted to share some of its wisdom-filled inspiration with you that also ties into my final thought of the newsletter below:

“Opportunity dances with those already on the dance floor.”

     – H Jackson Brown, Jr.

Make it a great rest of your week!

With Gratitude,

Jennie

Watch This Week With TPH

From The Islands

The Residences at Montage Cay

As many of you know, part of my business is to present opportunities I passionately believe in within the tropics of The Bahamas.* I am so proud to share a quick preview with you on one of the most incredible new construction projects under development now – The Residences at Montage Cay within The Abacos, Bahamas. There's way more to come! Learn a little bit about this one-of-a-kind project by clicking on the image above.

Values Market Report

Q3 2024 Broward, Miami-Dade, Palm Beach

All month we’ll be releasing a tri-county, South Florida Q3 Values market report for the $1M+ Single-Family Home and Condo & Townhouse property types. Today, we’re starting with Broward County and Fort Lauderdale! Check back on my blog and social channels as we release new markets in the report throughout November (Coral Gables, Coconut Grove, Sea Ranch Lakes, Palm Beach, and more are on deck). We’ll return to our Values: Key Takeaways market report video series next month, focusing on activity between the quarters (and I really appreciate the kind feedback on those video reports!). By understanding past data, it helps us inform the present and future – all with the goal of helping you make better real estate decisions. Click the image above to read the report and enjoy the insights!

On The Water

FLIBS and Winter Yachting

The Fort Lauderdale International Boat Show (FLIBS) was beautiful this year – it’s so incredible to see how the show has grown with the Superyacht Village at Pier Sixty-Six and the new Las Olas Marina! Check out some of the highlights in the This Week With TPH video at the top, and thank you to all of the local businesses and people that showed me such kind hospitality!

Also, winter yachting season in the Caribbean is upon us and there’s still time to book your dream vacation! I am working with Saint, an 88’ Sirena that is a pure masterpiece on the water. Connect with me to learn about opportunities for bookings while she’s in the Lower Caribbean, The Bahamas, and back in Miami later this year and early 2025. Book with me as your advocate to work out the best deal possible. View the video below to learn why Saint is so special.

Featured Opportunity

1335 Seminole Dr, Fort Lauderdale

I absolutely believe this is one of the best priced deals for an ocean accessible waterfront estate in east Fort Lauderdale. Currently asking $5.995M ($904 / SF), this fully renovated home enjoys deep water access, has a generous 9,900 SF lot, and an incredible view of Hugh Taylor Birch State Park. Priced to sell, this is an opportunity that won’t last. I previewed the property last week (see it in my video above), and was blown away by the finishes, room proportions, and one of the best primary dressing rooms you’ll find on the market today! Click on the photo above to learn more about the listing, reach out to hear why I think this is priced to sell, and I’d be happy to setup a showing with you as soon as possible.

Also – if you want to hear about the latest South Florida and Bahamas opportunities, learn about the latest in the market, and hear my perspectives – be sure to check out my Opportunities presentations and let’s schedule a time to get together!

Catch Me at Conrad

A Piece of Beachfront Bliss

Live the Conrad life and take the hassle out of ownership. I have some unique perspectives on what makes the Conrad Fort Lauderdale stand out against its comparable set – notably the nearby Four Seasons and Ritz Carlton. Schedule a meeting with me, and I’ll be happy to explain the benefits of ownership for all three properties. It’s time to live like you’re on vacation! Click the image above to view the latest Conrad Fort Lauderdale inventory.

What's Caught My Eye

Around Town & In The News

Sea Watch On The Ocean is one of the best beachfront dining experiences you’ll find in South Florida (it’s worth driving to from anywhere in the tri-county area). Located on the north end of Fort Lauderdale Beach, it’s one of my favorites – and be sure to check out their Fall specials!

America is Primed for a Home-Renovation Resurgence and I couldn’t agree more! Get a head start on getting started!

Homebuyers Waiting for Results Could Finally Come Off the Sidelines. It’s no secret the market has been cool (see our market report nearby), and I agree we hear a lot of folks saying: “after the election.”

Mortgage Rates Jump for Fifth Week. Expect to see strong movement in either direction after today’s results.

Capital Markets Overview

REIMAGINE Thought of the Week

Today I want to share my thoughts on land-use policy and South Florida’s single-family home pricing. Without density adjustments that keep up with demand, there will just be this systemic constraint of inventory (thanks to our beautiful Everglades and ocean) – and, economically speaking, the biggest real estate beneficiary will be single-family homes. This is no secret here in South Florida, but I’d like to poke a hole in the thought we are in a bubble just because we are at the tail end of the greatest wealth migration in recent Florida history.

Some politicians talk a big game on affordable housing but lack the political courage to actually change zoning laws out of the fear of a minority of vocal neighbors and losing the next election. We might see up and down cycles, like we are now in most South Florida sub-markets, but with the current land-use laws in place it only reinforces my belief that over longer term horizons, there's no better South Florida real estate investment than luxury single-family homes (and really any SFH that's well located in transitional neighborhoods, a number of which come to mind). The degree of upside can differ substantially by city and neighborhood, but as a sector, that's where I am and would be putting my money.

Let me help you find the right investment property for a renovation or rebuild opportunity. The combination of buying right, a steady hold horizon,  mixed with current land-use laws, and proactively creating value thru improvements can be an incredible way to build equity.

And that's how you REIMAGINE opportunity.** Let’s get on the dance floor!

Respectfully,

Jennie

*We work with referral partners who are licensed brokers for real estate transactions within The Bahamas in accordance with local laws. We have developed personal relationships with a very specific list of expert brokers per island / community / project that we trust to do business with our clients, and will advise as much or as little as needed to help ensure a smooth experience for you.

**We are real estate professionals and not investment advisors. Our objective is to be a useful part of your overall team, providing you with expert market information to help you make informed decisions along with other professionals in your ecosystem. Also, this is not a solicitation for investment.