Wilton Manors waterfront homes for sale offer buyers a truly great range of choices
The choice of waterfront homes for sale includes: riverfront homes, “gated” waterfront homes in Jenada Isles, “2 fixed bridge” ocean access canal homes (perfect for boaters) to serene lake front homes in Lazy Lake.
Some of our different waterfront communities can be seen below.
Key Facts Buyers / Sellers
- Waterfront Home Prices $399,000 – $1,598,000
- Median List Price $636,700
– 3 Bedroom 2 Bathroom Waterfront Home
- Important to note is the variance in Waterfront Home prices between West and East Wilton Manors – a variance of $185,000!
- South East Wilton Manors waterfront homes prices are up by well over $300,000 or by over 110% since 2011 – as owners in this neighborhood can have larger boats up to 25 feet or so!
- Wilton Manors waterways are accessible under a series of fixed bridges often with less than a 6 foot clearance!
Waterfront Homes for Sale
Aug / Sept 2017 Blog
There are currently 62 x Wilton Manors homes for sale, of these 16 homes are Wilton Manors waterfront homes for sale!
It is important to note that the number of waterfront homes for sale is well down from our last post!
In our last post on Wilton Manors waterfront homes for sale for June 2017 / July 2017 there were 84 x Wilton Manors homes for sale, of which there were 23 homes were waterfront homes for sale!
Our market analysis report / pricing guide for these waterfront homes for sale is presented below
|BEDS / BATHS||LA||LP$|
|Min||2 / 2||1222||$399,000|
|Max||6 / 6||4617||$1,598,888|
|Avg||3 / 3||2162||$711,436|
|Median||3 / 2||1922||$636,700|
We can see from this report that the average price for a Wilton Manors waterfront home for sale is $711,436 and the median price is $636,700 – well up from our last 2 posts!
- In our last post the average price for a Wilton Manors waterfront home for sale was $644,696 and the median price is $590,000
- In our prior post the average price for a Wilton Manors waterfront home for sale was $650,217 and the median price was $579,000!
It is important to note that median prices for Wilton Manors waterfront homes for sale in 2017 are this month up by over 43% or by $192,250 from our August / September 2015 post!
In our August / September 2015 post on Wilton Manors Waterfront Homes for Sale the average price for a waterfront home for sale was $495,902 and the median price was $444,450
Both the average and median prices in this, our last posts and our Aug/Sept report are/were based on 3 bedroom 2 bathroom waterfront homes for sale.
Waterfront Home Sales
Prices 2006 – 2016
Here is our market summary report showing median sales prices for Wilton Manors Waterfront Homes for Sale from 2006 – 2016.
|2016||3 / 2||1,963||$591,000|
|2015||3 / 2||1,894||$490,000|
|2014||3 / 2||1,791||$451,250|
|2013||3 / 2||1,809||$444,750|
|2012||3 / 2||1,857||$373,625|
|2011||3 / 2||1,736||$335,000|
|2010||3 / 2||1,764||$358,750|
|2009||3 / 2||1,598||$290,000|
|2008||3 / 2||1,986||$365,000|
|2007||3 / 2||1,822||$525,000|
|2006||3 / 2||1,745||$578,500|
We can see from this report how Wilton Manors waterfront homes for sale slumped from a median of $578,500 in 2006 to $290,000 in 2009.
So it is very encouraging to see median prices in 2016 at $591,000 surpass the high recorded in 2006 of $578,500!
Buying / Selling?
Contact Me Today
Kevin Wirth – Realtor
Waterfront Real Estate
Wilton Manors has approx 4,700 homes. 63% of all the residential properties in Wilton Manors are single-family homes, 37% of them are condominiums.
Of these homes – a good percentage are on the waterfront!
Waterfront Homes vs
Non Waterfront Homes
The graph above and chart below shows the median prices for waterfront homes compared to non waterfront homes based on sales from 2006 – 2016.
Waterfront homes have always commanded a premium and the premium is once again increasing.
|2016||3 / 2||$591,000||$367,500|
|2015||3 / 2||$490,000||$345,000|
|2014||3 / 2||$451,250||$315,000|
|2013||3 / 2||$444,750||$296,181|
|2012||3 / 2||$373,625||$238,750|
|2011||3 / 2||$335,000||$209,000|
|2010||3 / 2||$358,750||$205,000|
|2009||3 / 2||$290,000||$200,000|
|2008||3 / 2||$365,000||$226,500|
|2007||3 / 2||$525,000||$382,500|
|2006||3 / 2||$578,500||$416,500|
We can see from this chart that the median sales price for a Wilton Manors waterfront home sold in 2016 is $591,000 – while the median sales price for a Non-Waterfront Wilton Manors home sold in 2016 is $367,500 – a difference of $223,500!
Wilton Manors Homes
Wilton Manors offers many affordable choices for homes – as do the adjoining neighborhoods of Oakland Park, Coral Ridge, Poinsettia Heights and Progresso.
The cities of Wilton Manors and Oakland Park were both recently named in the top 10 for gayest cities in the USA
for Waterfront Homes
Historically waterfront real estate in Wilton Manors has always commanded a premium – pre the 2006-2009 recession this was often $100,000 or more for a single family waterfront home.
Today waterfront premiums are still strong but they are now more than ever determined by our cities 3 mains neighborhoods – West Wilton Manors, Central Wilton Manors and East Wilton Manors
See the map below.
Pricing by Neighborhood
You can see the prices and premiums for Wilton Manors waterfront homes for sale and how they vary across our different neighborhoods.
In 2016 median Waterfront home prices in in West Wilton Manors were the lowest with waterfront home prices in East Wilton Manors being the highest…
East Wilton Manors waterfront homes sales based on median sales prices commanded a premium in 2016 of over $240,000 more than waterfront homes sold in West Wilton Manors!
It is important to note that:
Median sales prices for Waterfront Homes in East Wilton Manors are consistently the highest!
However there are fluctuations between median sales prices year by year in West vs Central Wilton Manors. Some years prices are higher in West Wilton Manors and then in other years they are higher in Central Wilton Manors!
Homes & Condos for Sale
Wilton Manors the island city and has miles of navigable waterways, that link directly to the water ways of Fort Lauderdale and then out to the Atlantic Ocean.
The north and south branch of the Middle river along with associated canals are used extensively by the citys residents for recreational boating.
Many elegant and stylish waterfront homes line the two rivers and the many canals that extend into the neighborhood.
Increasingly homes along our waterways Wilton Manors waterfront homes are being rennovated or in some cases demolished and new construction waterfront homes built!
Waterfront – Prime
Wilton Manors Real Estate
Here in our Island City waterfront homes are considered prime Wilton Manors Real Estate.
Much of the mid-century modern waterfront homes are either in original condition, have been added on to, or have been completely renovated with lavish gardens added.
Pride of this city is apparent in the care given to the homes and the cities public areas and parks.
Moderate sized single family homes are the norm on the water here in Wilton Manors, both on the rivers and on the canals, with some high and low-rise condominiums on the south side.
Great Waterfront Location
Wilton Manors very well located, just 15 minutes from the beach or downtown and around 20 minutes from the International Airport.
While our city offers a great range of waterfront it is important to note that all of Wilton Manors waterways are accessible under a series of fixed bridges with no more than 6 foot clearance so Wilton Manors is not a sailboat or even a yachting area.
Its however great for small and medium sized boats, jet skis, paddle boards and kayaks!
Wilton Manors Waterfront
Key Boating Considerations
Looking for Waterfront Real Estate in Wilton Manors – here are some key boating considerations.
The largest boats that can be accommodated in Wilton Manors Waterfront Home will typically be boats under 20ft -25ft with a low profile and small runabouts.
Waterfront properties on the eastern end of Wilton Manors are even more restrictive as you go under more fixed bridges working your way west, so only smaller boats, kayaks and canoes will be parked on your dock.
The rivers that surround Wilton Manors are typically around 130 feet wide and the canals are all at least 50 – 60 feet wide so there is plenty of space for the smaller boats to navigate under the bridges.
When considering adding a dock to a home for sale here in Wilton Manors most waterfront home lots have 70+ feet of waterfront so you can have up to 60 feet of dockspace
& Fixed Bridges
The fixed bridge factor is important when considering and looking at Waterfront Real Estate in Wilton Manors.
All of the waterfront homes or condos for sale that makes up the Wilton Manors Real Estate inventory are fixed bridge waterfront properties.
At the east end of the city, closest to US1 (it’s eastern border ) there are places that involve only two fixed bridges before you are in the intercoastal.
This area – South East Wilton Manors is typically the most expensive when in comes to Wilton Manors Waterfront Homes for Sale and Real Estate in general!
You can see from the chart above how the median sales price for all waterfront homes here in Wilton Manors in 2016 was $591,000 – and then how the median price for South East Wilton Manors waterfront homes was $670,000 – or 13% higher!
A big reason for this difference in prices is that in the South East neighborhood of Wilton Manors you can comfortably accommodate a 25 foot day cruiser.
Important to note is that prices for South East Wilton Manors waterfront homes have increased by over 110% since 2011!
As you head further and further west you will see more and more kayaks and canoes, even a spot where you can rent a kayak for the day, but the power boats get smaller as the fixed bridges get lower
The breaking point for real estate prices is the train bridge near Dixie Highway. Once you are west of this bridge you are talking about flat boats and living on the water because of the natural environment it creates.
If you decide to live on the waterfront in Wilton Manors you can expect frequent visits from the Manatee that live in the quiet waterways.
Article by Kevin Wirth
Wilton Manors Realtor
More on Wilton Manors Waterfront