hen people think of South Florida, they often think of Miami, Fort Lauderdale, and Palm Beach. Traditionally, most vacation and second family homes have coalesced around this trifecta. But as real estate prices in these areas have skyrocketed, the demand for more affordable alternatives has soared.

Hallandale Beach is one of these small cities that have recently seen a renaissance. Nestled at the southern end of Greater Fort Lauderdale in Broward County, Hallandale offers a laid-back pace of life and boasts pristine stretches of beach. As the pandemic hit, the interest in South Florida’s outdoorsy lifestyle has only increased. The shift to remote work may have contributed to its newfangled dynamism. Once a sleepy town where snowbirds owned vacation homes, Hallandale has become a vibrant spot drawing homebuyers from oversaturated Miami and Ft. Lauderdale.

High-rise residential towers dot its oceanfront, some of which offer luxury living and have attracted a global audience of homebuyers, including Canadians, Americans, South Americans, and Europeans. Away from the shoreline, homebuyers can still snag more affordable single-family homes on small lots. According to Realtor.com, the median listing home price in Hallandale Beach was $305,000 as of November 2021. In comparison, the median listing price was $465,200 in the Greater Miami Metropolitan area and $499,000 in the Greater Fort Lauderdale Metropolitan area.

Many investors have caught on to Hallandale’s appeal and taken advantage of the lower prices to buy run-down properties, tear them down, and build new construction homes. The city of Hallandale has also invested in its appeal by making improvements to the 15 city parks and investing in a new flood abatement infrastructure.

Are you interested in purchasing a home in Hallandale Beach or the surrounding Fort Lauderdale area? Call Fairway Fort Lauderdale today! We would love to help!