Lake Estates’ median real estate price is $921,836, which is more expensive than 94.0% of the neighborhoods in Florida and 92.5% of the U.S.
Based on a complete analysis, the average rental price in Lake Estates is currently $2,649. Rents here are currently lower in price than in 53.5% of Florida neighborhoods.
Lake Estates is an urban neighborhood (based on population density) located in Fort Lauderdale, Florida.
Lake Estates real estate comprises small (studio to two bedroom) to medium-sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. A mixture of owners and renters occupies most residential real estate. Many of the Lake Estates neighborhood residences are established but not old, built between 1970 and 1999. Several homes were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Lake Estates, Fort Lauderdale. The current real estate vacancy rate here is 28.6%. This is higher than the rate of vacancies in 93.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (24.0%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year-round, you may find that several buildings in your neighborhood are empty. Pristine Water Damage Restoration
The first thing you’ll notice if you move to this neighborhood is that an astounding 3.2% of the households are same-sex couples. According to analysis, this is a higher proportion of same-sex households than in 99.3% of the neighborhoods in America. So this is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Lake Estates neighborhood should be on your list of places to consider.
In this Fort Lauderdale, FL neighborhood, many people’s commute means walking from the bedroom to the home office. The analysis found that 32.1% of residents worked from home. This may not seem like a large number, but Scout’s research shows a higher percentage of people working from home than 99.1% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as in areas around Boston and Silicon Valley. Other times, people may be engaged in other businesses, like trading stocks from home or running a small beauty salon.
Check out other neighborhoods like Lauderdale Harbors