The demand for luxury waterfront homes and boats has been rising, especially in the wake of lifestyle changes after the pandemic. With an increasing number of Americans relocating to Florida, especially South Florida, the need for a qualified team to help pair luxury waterfront homes with the best yachts and boats has become even more pressing. Patrick Meyer of One Sotheby's Realty — the number one luxury real estate firm in Florida — has partnered with the FlYacht Pro team from Denison Yachting to provide a one-stop solution for luxury waterfront and boat needs.
Florida was the top destination Americans moved to in 2022, with the overwhelming majority of relocators heading to South Florida. The state also grew more than any other state, with a 1.9% increase in population through December 2022. With the leading boating capital of the world in Fort Lauderdale, Florida is the number one location for boat ownership, with over 1 million watercraft in the state in 2022. Dade, Broward, and Palm Beach Counties are three of the country's top five counties for watercraft ownership.
Luxury Waterfront Homes
The demand for single-family waterfront homes in Florida has also been on the rise, with a 40% increase over the past five years. As experts in waterfront real estate, Patrick Meyer and Stephanie Heyman of One Sotheby's Realty are a Top Producer Team in the Boca Raton/Delray Beach region. They are prepared to guide you through the entire waterfront home purchase process.
You should consider several key factors when searching for the right waterfront home. The proximity to ocean inlets, the Intracoastal Waterway, and canals is crucial to value and boating. In addition, the frontage of docks and seawalls is also essential, with 80 feet being standard, 100 feet being considered premium and then the rarely available standout of point lots. With new code requiring higher-level seawall and dock systems, it is also vital to have a team with the right insights on nearby marinas, fuel, wake zones, real estate seawall inspections, maintenance, and more.
There are several boat shows in the South Florida area — including The Fort Lauderdale International Boat Show and the Miami and Palm Beach shows, that provide access to gear as well as a display of yachts/boats. South Florida has an excellent reputation and plenty of experts when it comes to updating and building marine tech.