615 Royal Plaza Dr Open Opportunity

    These incredible spaces put the open in Open House. Speaking of, visit me today and Frank tomorrow from 12 - 3p to tour this magnificent Las Olas Isles waterfront estate!   615 Royal Plaza Dr, Fort Lauderdale Offered at $9.495M. This opportunity is open today but not forever. Proudly listed by global luxury brokerage Engel & Volkers with Frank and Niliana Garcia.   Music Credit: Dandy Life, Collective Soul

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Opportunities

A CURATED GUIDE TO THE LOCAL MARKET IN 50 MINUTES Presented by Jennie Frank Kapoor of Tropical Phoenix Homes   What's this about? Join Jennie Frank Kapoor and the Tropical Phoenix Homes team for an intimate 50-minute presentation on the latest real estate opportunities, insights, and data within the local markets of South Florida and The Bahamas. Depending on your location or interests, each presentation will be tailored for either Miami-Dade, Broward, or Palm Beach counties. The presentation will include time for a Q&A session. What will I learn? Our presentation will inform you on the following useful information about your local South Florida market (note: all presentations are location specific and curated accordingly): 1. A data-driven, macro view of the luxury single-family-home and condo market for your city, county and the South Florida region. 2. Notable relevant and recent listings, as well as closed transactions. You can expect a complimentary comparative market analysis (CMA) just for you. 3. An overview and updates on nearby new construction homes and projects. 4. A briefing on some local events, partners, and charities important to us. 5. An overview of a very select list of new developments and existing communities we’re helping clients discover in The Bahamas – a tropical paradise that we love and wish to share with you. Who is this for? This presentation is intended for current or prospective buyers, sellers, and/or investors for luxury real estate within the tropics of South Florida and The Bahamas.* Sounds great. When and where? This presentation is in-person and by appointment only. Either meet us at our local Engel & Völkers office or we’ll come to your home or business. We’re happy to bring lunch, coffee, or treats! If you're out of area, we can totally setup a video conference. What's in it for TPH? To be honestly direct, and respectful of everyone’s time, we’re hoping to i) create a lasting relationship; ii) earn your trust and business; and iii) deliver excellence in professionalism and value. Whether you’re looking to transact now, soon, or in the future, we want to be your go-to resource for luxury real estate in the tropics of South Florida and The Bahamas. To accomplish this, we are building a tri-county, South Florida based team and Bahamian network of community experts. And, we see real estate as an important profession and many families’ most significant asset class – so our goal is to educate and advise you with relevant and timely market information for personal enjoyment and/or investment purposes.** Love it. How do I coordinate? Call or text Jennie at (215) 237 - 6336Email us at jennie.frankkapoor@engelvoelkers.comBook an appointment through our e-calendar by clicking here See You Soon! Learn more about us at www.tropicalphoenixhomes.com and be sure to check out our in-depth market reports, podcasts, and more within our website and social media channels.     *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.

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This Week with Tropical Phoenix Homes

This week's issue is packed with some unique real estate and lifestyle perspectives that you can only find here in my newsletter and on my blog. First, a very special thank you to all of you who attended our inaugural Collaborators: Success Through Community event, which I'll touch on below. Also, I'm extremely grateful to our Brand Partner for our upcoming deep dive on Cocoplum & Tahiti Beach – SAINT Charters. If you're looking for a luxury experience on the water, you've got to check out my day with them in the video below. Finally, we highlight a variety of market updates and property highlights around South Florida. We were all expecting the Fed rate cut, but what's the near-term impact for real estate in South Florida and The Bahamas? I wish you a wonderful Sunday evening and week ahead. If you’re in South Florida, enjoy the lovely weather and the first day of “Fall” (locally known as “Late Summer”). With Gratitude,Jennie Collaborators: Success Through Community Inaugural Event Recap Last week, I hosted our inaugural Collaborators: Success Through Community event at our office’s listing located at 34 Cayuga Rd in the private community of Sea Ranch Lakes (a special thank you to Frank and Niliana Garcia!). Thank you to all of the local business leaders and their esteemed guests for attending. Our goal is to help foster new relationships, showcase local businesses that are the fabric of our communities, and provide unique traffic to our listings with high-caliber guests in an intimate setting. Thank you to all who helped make this wonderful evening happen! And please enjoy the event recap video above. Our next event will be on 10/10/24 at 615 Royal Plaza, a magnificent waterfront estate just off Las Olas Blvd in Fort Lauderdale (see nearby below). If you are interested in attending for a night of relationship building and collaboration, please let me know! The event is by invitation only and of limited availability. Values Key Takeaways - Coral Gables SFHs Check out my 90-second Key Takeaways video from our Values Market Report Series! As we transition into late summer, here’s a macro view of the $1M+ Luxury Single-Family Home Market in Coral Gables. Is the market hot or not? Watch the clip to learn more and reach out if you need help with any Coral Gables luxury real estate. Stay tuned for more South Florida market recaps! View my recent South Florida in-depth market reports below. Miami-Dade Coral Gables, Coconut Grove, Key Biscayne, Miami Beach Broward Fort Lauderdale, Sea Ranch Lakes, Lauderdale-by-the-Sea, Pompano Beach Palm Beach West Palm Beach, Palm Beach, Delray Beach, Boca Raton My Projects 7233 Los Pinos Blvd - Coral Gables, FL I’m so pleased to share an elevated approach to property marketing and real estate storytelling that I will be implementing in all of my future listings. Please enjoy the preview below of the full segment on 7233 Los Pinos Blvd, a renovation project I’m truly proud to share with you. This estate will be a part of my upcoming podcast deep-dive and market report on Cocoplum and Tahiti Beach. Offered at $7.975M.  View The Property Film Wants and Needs I am currently working with a buyer searching for a waterfront lot in the prestigious east Fort Lauderdale waterfront community of Seven Isles where the family can build their dream home. (I am going door-to-door, so if you see me in person, please say hello!) If you know of anyone looking to sell in a convenient off-market transaction, I would appreciate you thinking of me. Should you be interested in buying or selling in Seven Isles, please check out my in-depth community page on my website. View This Community I am also helping a friend with a 112’ Westport find a temporary home for their yacht in Fort Lauderdale. We are seeking 120’ of dockage with a three-phase power hookup. The owners are willing to pay a market monthly rate, and the yacht is also for sale – please message me if you’re interested in either transaction. Brand Partner Spotlight 615 Royal Plaza Dr, Fort Lauderdale, FL This stunning and sophisticated masterpiece is a boater’s dream with over 100’ of premium deepwater frontage. Located within the historic Las Olas Isles community of Fort Lauderdale on prestigious Royal Plaza Dr, this recently constructed estate is loaded with spaces and features that will appeal to full-time or seasonal residents. View more or contact me to setup a showing. Offered at $9,495,000. Please setup an appointment with me to see this incredible home. View This Property Catch Me at Conrad What a view! Every week you can visit me at the Engel & Völkers Sales Center inside the Conrad Fort Lauderdale Beach hotel lobby. Learn more about owning an oceanfront, amenity rich, and luxurious lifestyle right on the beach, and how we can help you offset the cost of ownership through the Hilton or self-management rental programs. Please connect with me to setup an appointment. View Available Residences Residence Spotlight: #R1902 You don’t want to miss this beautiful northwest corner condo in the Ocean Resort Residences at the Conrad Fort Lauderdale. Featuring 3 beds and 3.5 baths across a spacious 1,590 SF, you’ll enjoy sweeping views of both the beautiful beach and stunning city skyline (it’s truly the best of both worlds). This residence makes for a great place for quick trips, extended stays, or a new beachfront home. Schedule an appointment with me and I’ll be happy to give you a tour! View This Condo Capital Markets What's Caught My Eye A well-telegraphed secret was that the Fed was going to cut the U.S. benchmark interest rate in search of the fabled “Soft Landing,” and that’s exactly what happened last week with a 50-basis-point cut. The data shows it was a slow-ish summer in certain South Florida luxury markets, but active inventory is picking up throughout the region, and we can expect an active Fall/Winter transaction season with the cost of capital actually coming down, along with robust public markets (boosting portfolios and confidence). While the recent cut may have been priced into some financing rates, I believe a steady cadence of rate cuts is going to motivate a meaningful number of buyers and sellers off the sidelines for both South Florida and The Bahamas. Why the Federal Reserve opted for the big interest rate cut   S&P 500 closes at record high after Fed makes jumbo cut to US interest rates  Why the Federal Reserve has gambled on a big interest-rate cut   U.S. Home Sales Slipped in August Despite Falling Mortgage Rates   Weekly mortgage demand surges 14% higher as interest rates hit two-year low   From the Islands New Development Showcase There’s no hiding my love for The Bahamas – one of my happiest places on Earth and the extended playground of South Florida. There is an impressive collection of luxury projects in the works, as well as opportunities in existing communities, available throughout the island paradise that I’m excited to share with my clients. I have curated a short list of first-class developments, each with its own flavor and offerings, representative of the unique vibe of their host island(s). Later this Fall, I will be presenting an overview of these communities online through my podcast, a dedicated section on my website, and in-person at an event in Fort Lauderdale – so stay tuned! In the meantime, don’t hesitate to reach out if you’re thinking about finding your own piece of Bahamian paradise – it would be my pleasure to help you and your family. REIMAGINE Thought of the Week Lots of single-family homes do not utilize their maximum buildable square footage (SF), which is of course fine depending on your needs. However, if you’re thinking about selling your home, getting an analysis of how much SF is available is a helpful bit of information to convey to a savvy buyer. If you’re feeling more ambitious, getting an addition approved (which can always be revised to another’s taste) takes that same exercise a step further and can add tremendous value when considering the sale of your home. To illustrate the point, please see a sample of two additions that I previously had approved for 7233 Los Pinos Boulevard. It doesn’t take a lot of effort to do the same, and I would be happy to help with an assessment before you put your home on the market.

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