riverfront land

COLEE HAMMOCK’S RENAISSANCE ON NEW RIVER
Nestled along the quiet banks of historic New River is found charming
Colee Hammock, one of Fort Lauderdale’s most famous natural settings, steeped in legendary lore and home to some of the city’s finest
luxury waterfront real estate. There is presently a renewed interest in this
area of town with new homes being built, older homes being extensively
renovated and several recent significant sales of vacant property. There
is indeed a renaissance of sorts blossoming here in the hammock.
Families have been building along New River since the 1920s, and that is
still true today. Where else in the world can you watch vessels 160 ft long
and 4 stories high cruising the waterway behind your house? The gentle
meandering bends and currents of the graceful river pass beneath lush
tropical foliage and the seawalls of numerous impressive estates located
here. It is one of the most sought-after locations in South Florida.
Over the past several years, the venerable Colee Hammock Homeowners
Association and First Presbyterian Church have agreed upon the potential development plans for the church in this neighborhood. The process
worked out to the benefit of all involved and was accomplished through
a series of negotiations which curtails the expansion to specific guidelines;
good news for those who own here.
Drum Realty, Fort Lauderdale’s preeminent luxury real estate firm has
been at the forefront of the recent renaissance in Colee Hammock
through the sale of several key pieces of waterfront property and historic homes with incredible riverfront vistas. The following are highlights of those sales which clearly show the way in which the hammock
is perceived worldwide as an ideal place to be situated now, as it was in
the past, and also will be in the future.
RIVERFRONT LAND - BRICKELL, LAS OLAS
1622 & 1614 Brickell Drive, Fort Lauderdale, Florida - Sold on 12/2/11 for $5,460,000
1622 Brickell Drive Fort Lauderdale - $2,500,000
1614 Brickell Drive Fort Lauderdale - $2,960,000
Purchased by same buyer - Total property listed for $6,400,000
40000+ sq ft 200 ft on New River with small guest house on 1614 Brickell parcel
RIVERFRONT LAND - RIO VISTA
1837 SE 7th Street, Fort Lauderdale, Florida - Sold on 10/17/11 for $6,355,000
Purchased by same buyer - Total property listed for $7,495,000
32,000 sq ft on New River southeast of Colee Hammock, just across the waterway
Over 300 ft of prime waterfront land on a point lot setting
HISTORIC HOME - BRICKELL, LAS OLAS
1506 Brickell Drive, Fort Lauderdale, Florida
Sold on 5/2/12 for $3,300,000 - Listed for $3,995,000
1935 Home/Guest Cottage - 37,000 sq ft of land with 117 ft on New River
HISTORIC PROPERTY, COLEE HAMMOCK
408 SE 17th Avenue, Fort Lauderdale, Florida
Sold on 6/13/11 for $1,500,000 - Listed for $2,495,000
The previous structure was removed, and a large new home is in the process of being built. The sale of the
property represents a unique opportunity to build within the historic Colee Hammock neighborhood.
HISTORIC FORT LAUDERDALE ESTATE
403 Tarpon Terrace, Fort Lauderdale, Florida
Presently Offered For Sale - Listed for $5,995,000
Designed by world-famous architect Francis L. Abreu (1896-1969), this
gated estate is supremely unique, eclectic and also historic, being one of the
early homes built in the vicinity of Colee Hammock.
DRUM REALTY • 1900 SE 15th Street, Fort Lauderdale, Florida 33316 • 954-931-3222 • DrumRealty.com