LP: $5,999,999 THE PERFECT "10"!ONE OF A KIND!TRENDY LAS OLAS!UNOBSTRUCTED WATERVIEWS!STUNNING 5/5.2/4CG WATERFRONT GEM THAT BOASTS A WIDE OPEN 110"DOCK W/INTERCOASTAL/POINT LOT WATERVIEWS!ONE FROM THE POINT!SMARTHOME W/ENDLESS TECHNOLOGY!COUNTRY FRENCH DECOR!THREE FLOORS OF PURE LUXURY SOFLY CURVED AROUND A FLOATING THREE STORY DBL STAIRCASE!DECORATIVE ELEMENTS EVERYWHERE!24X7 ROVING GUARD!SAUNA!STEAM SHOWER!ELEVATOR!HURRICANE IMPACT WINDOWS/DOORS!PEBBLETECH POOL!PRICE NEGO!SELLER FINANCING POSSIBLE!BRING ALL OFFERS! Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Front Ext... 05/12/2013

Property value continues sinking in Seven Isles.  The August 2011 historical low ($6,974/WFft) was tested last March ($7,600/WFft) and again in May ($8,554/WFft).  The historical high ($66,667/WFft) was made in September 2007.  The average of the 14 closed sales during the trailing six-months (16,080/WFft) is 8% below the trailing 24-month average ($17,512).  In terms of closed price, the trailing six-month average ($1,781,333) is 12% below the trailing 24-month average ($2,027,968).  Of the four isle neighborhoods intersecting Las Olas Boulevard, only Nurmi Isle property value has turned up.  Currently in Seven Isles, no properties are pending sale and of the 21 listings only two are priced below the closed sale average/waterfront foot of the trailing 24 months.  Details at... http://w... 07/10/2012

A new historical low ($6,974/WFft was made last month in Seven Isles with the sale of a foreclosed property on Sea Island Drive.  A factor of ten higher, the historical high ($66,667/WFft) was made in September 2007.  Prior to last month, the previous low ($8,133/WFft) was a short sale on Delmar Place closed in January 2010.  The following month—neither a foreclosure nor a short sale—another Delmar property sold for $8,667/WFft.  However, the 19 sales closed between February 2010 and July 2011 averaged $18,875/WFft.  Of the current 27 properties listed for sale (average $29,077/WFft), five are priced under market ($17,918/WFft--average of the 28 closed sales during the past 24 months).  Currently, there are no pending sales.  While on a closed price per WATERFRONT FOOT-basis property va... 09/21/2011

Seven Isles $700,000 http://southfloridamls.com/Pub/EmailView.asp?r=339509289&s=FLL&t=FLL MARKET DATA http://www.coastcountiesrealty.com/Reports/SI1.htm   06/27/2011

Wain Berry | David Wain Realty, LLC | (305) 409-1820 331 Seven Isles Drive, Fort Lauderdale, FL MEDITERRANEAN MASTERPIECE OUT OF ARCHITECTURAL DIGEST THIS 5 BR, 5 1/2 BATH HOME PLUS DEN/POOL RM FEATURES THE FINEST FINISHES OF MARBLE, WOOD & G 5BR/5+1BA Single Family House offered at $3,449,000 Year Built 2002 Sq Footage 7,492 Bedrooms 5 Bathrooms 5 full, 1 partial Floors 2 Parking 3 Car garage Lot Size 10,400 sqft HOA/Maint $0 per month DESCRIPTION MEDITERRANEAN MASTERPIECE OUT OF ARCHITECTURAL DIGEST THIS 5 BR, 5 1/2 BATH HOME PLUS DEN/POOL RM FEATURES THE FINEST FINISHES OF MARBLE, WOOD & GRANITE. LARGE ENTRY FOYER LEADS TO LIVING RM W/FIREPLACE & CATHEDRAL CEILINGS. STATE OF THE ART CHEFS KITCHEN W/CENTER ISLAND ADJOINING FAMILY RM W/ENTERTAINING CENTER & WET BAR. 2 LUXURIOUS MASTER... 06/03/2011

The historical low made in January 2010 ($8,133/Waterfront Foot) was barely tested this January ($9,500/WFft), and the two March closed sales averaged $24,306/WFft.  The average closed price per waterfront foot during the past six months ($19,291) is more than 11% higher than the 24-month average ($17,073).  The 28 current listings average $29,132/WFft-with six properties priced under the 24-month average.  Discounts (from last list price) waxed during the past 12 months to 29% last January, and waned since; the two March closings were each discounted 16%.  The rate of new listings has increased since January: 13-average list price/WFft/month, $22,000-$32,000. Get the details... http://www.coastcountiesrealty.com/Reports/SI1.htm 05/16/2011