Coral Ridge owes its existence to Chicagoan Arthur T. Galt, who in the 1920’s bought 8,000 acres in Broward County, which land includes what is now known as the upscale community of Coral Ridge. Development began in earnest in 1953, when Coral Ridge Properties bought the land for $19.3 million, and was essentially completed in 1992 when Coral Ridge Properties sold its last parcel for twenty-three times what it had paid for it in 1953, or 5 times what it had paid in inflation-adjusted terms. But redevelopment and renovation continue apace – many of the original midcentury modern masterpieces and classic ranches still exist along quiet, tree-lined streets and canals, while others have been replaced with grand estates with breathtaking water views.
Things to do in Coral RidgeNearly endless: at the north end of Coral Ridge sits the Coral Ridge Mall, and at the south end is The Galleria at Fort Lauderdale, an upscale mall housing Apple, Neiman Marcus, Cole Haan, and others. Stores, shops and restaurants – including a Whole Foods and a Trader Joe’s – line North Federal Highway from Oakland Park to Sunrise, while the Coral Ridge Yacht Club is on Sunrise Bay right across from Hugh Taylor Birch State Park. Not far from there are the Grand Yacht Club and the Bonnet House Museum & Gardens, with the fabulous Fort Lauderdale Beaches just across the Intracoastal along North Fort Lauderdale Beach Boulevard.
If you're thinking of buying or selling in Coral Ridge, or anywhere in Broward, Miami-Dade or Palm Beach Counties, give Steve a call at 954.999.9000 or email him to schedule an appointment.
ONE | Sotheby's. Steve Hanley.
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