A true sign of the times and testament to the rapidly changing luxury real estate market in Fort Lauderdale is the decline in inventory!
Rio Vista Isles, one of the most coveted addresses in Fort Lauderdale is an example of a prime location with drastic reduction in inventory.Â Luxury buyers in the $1m to $1.5m range have the choice of only three water front residences.Â One of the finest available is this mid century modern masterpiece designed by Lester Avery and built in 1958.
Â For the connoisseur of modern design luxury abounds with this pristine South Florida bungalow.Â Immaculately presented and artfully restored with the finest standard of custom finishes, commercial grade impact glass, Downsview gourmet kitchen, gleaming polished terrazzo offer authentic integrity while meeting todayâ€™s highest standards.Â Florida sunshine abounds throughout the residence.Â The living and dining areas combine in an airy open space rising to a peaked ceiling with architectural treatments.Â Two bedrooms with luxurious spa-style baths feature the serene master suite opening to the private pool area.
Â Exotic tropical foliage secludes the water front lounge patio.Â The residence is located on a serene waterway. The property is perfect for a boat in the 20 foot plus range and is minutes from the inlet of Port Everglades.
Â Rio Vista Islesâ€™ humble beginnings came in 1925 when Boston developer William Morang came to South Florida and platted the area stretching from SE 12thÂ Street on the south to SE 7thÂ Street to the north.Â Morang had the vision of dredging the islands from the mangrove swamps and selling lots with the canal in front of your door.Â After WW II the neighborhood began to earn a high-end reputation and the second building boom in the 1950s included this delightful residence.
Rio Vista is at the heart of the Venice of America, lined with coconut trees, royal palms and large oaks laden with Spanish moss.Â This is true neighborhood living with a great sense of community.Â Nearby parks include Virginia Young, Hector, Francis Abreu Place and Smoker Park.Â Rio Vista boasts excellent proximity to major highways, the beaches, shopping and dining on Las Olas and SE 17thÂ Street.Â Plus donâ€™t forget the easy access to local public and private airports and the soon to be expanded Hollywood International Airport.
Â Contact Julie Jones at 954-328-3665 or visitÂ www.luxuryrealestateftl.comÂ for further information.