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Lake Ridge

Lake Ridge

Neighborhood Reviews
2.3
$642,883 Average Value
$433 Average Price per Sq Ft
26 Homes For Sale
Sorbert-hued homes can be found in Lake Ridge, FL.
Sorbert-hued homes can be found in Lake Ridge, FL.

Residential enclave near Downtown Fort Lauderdale

Under the year-round sunshine of South Florida, Lake Ridge stands out as a quiet residential enclave near the heart of Downtown Fort Lauderdale. The neighborhood’s pastel-colored ranch-style homes and townhouses provide an accessible home base for residents to launch their exploration of the vibrant commercial and recreational areas nearby. “It really has a fantastic location that is just convenient to everything,” says Lori Bergman, local real estate professional at Coldwell Banker. “You can walk to the beach if you want, and the Galleria Mall is right across the street; it’s in the middle of everything.” Along with shops and restaurants, Holiday Park sits just south of the neighborhood and serves as the hub for recreation. Lake Ridge’s prime location, combined with its variety of property types, has attracted a wide array of homebuyers ranging from investors to families and young professionals, all looking to get their own slice of South Florida.

Paddle Tennis in Holiday Park
Paddle Tennis in Holiday Park

Holiday Park attracts professional athletes

Holiday Park is the hub for recreation, spanning over 90 acres of green space just south of the neighborhood. Sports enthusiasts will feel right at home on the park’s baseball diamonds, soccer fields and basketball and tennis courts. Other facilities include hiking trails and a dog park for canine companions. “Holiday Park is just so big and always has tons of events going on,” Bergman says. Live music echoes throughout during the summer as part of the Starlight Musical Concert series. Visitors can also pop into the Baptist Health IcePlex, the official practice facility of the NHL’s Florida Panthers. The Parker is a famous performing arts theatre nearby that hosts year-round Broadway plays and musical touring acts in a 1,1600+ capacity space. Down the street, residents enjoy exploring the lush Florida landscape by land or sea at Hugh Taylor Birch State Park. And the lapping shores of Fort Lauderdale Beach are just 2 miles away.

Kick off the summer at the Great American Beach Party

Lake Ridge residents are close to the year-round events put on by the City of Fort Lauderdale. The Great American Beach Party kicks off the South Florida summer with a day full of live music, entertainment and a classic car show. The celebration takes place every Memorial Day weekend and includes military tributes. Other events include the Tortuga Music Festival and the Fort Lauderdale Air Show.

Sorbert-hued homes can be found in Lake Ridge, FL.
Sorbert-hued homes can be found in Lake Ridge, FL.

Pastel-colored ranchers and backyard pools

Under the shade of towering palm trees lies an array of quaint Florida ranchers with pastel colors and tiled roofs. This is the predominant single-family style within the neighborhood, and many buildings have well-manicured front lawns and backyard swimming pools. Numerous properties were constructed in the 1950s and 60s, but the area is seeing an influx of recent renovations. “Investors have come in and developed a lot of property,” Bergman says. “There’s a lot of brand-new townhouses, and everything is updated and modern.” Single-family builds range between $700,000 and $1.5 million, while contemporary townhouses sell for $1 million to $1.3 million. Recently constructed ultra-moderns are scattered throughout and can top $3 million. The market is very competitive, and houses here sell quickly, notes Bergman. Lake Ridge is at risk for flooding and lies in a FEMA-designated Flood Zone Area. Flood insurance is highly recommended, and the City of Fort Lauderdale provides numerous resources on its website.

Lake Ridge is home to a variety of excellent restaurants, including J Marks.
Lake Ridge is home to a variety of excellent restaurants, including J Marks.

Upscale restaurants with extensive shopping nearby

Residents are close to vibrant shopping and dining locations within the neighborhood and in the surrounding areas of Fort Lauderdale. Padrino’s is a popular local chain with a Cuban-inspired menu featuring tasty sandwiches and paella for two. Nearby, J. Mark’s has been a favorite happy hour spot since it opened its doors in 2007. Residents head to Publix Super Market at Sunrise Boulevard for weekly groceries. The Galleria at Fort Lauderdale is one of South Florida’s premiere shopping destinations, just 2 miles down the road. The retail mecca features over 100 fashion stores, including Macy’s, Banana Republic and H&M. Kindred Hospital South Florida – Ft. Lauderdale is one of numerous medical facilities in the area. According to the CAP Index, Lake Ridge has a crime score higher than the national average.

Welcome to Fort Lauderdale High School in Fort Lauderdale, FL.
Welcome to Fort Lauderdale High School in Fort Lauderdale, FL.

Fort Lauderdale High School’s academic programs

The Broward County Public School District serves the neighborhood and is the sixth-largest district in the nation. Fort Lauderdale High School is a standout magnet school with a pre-law and public affairs academic program. Fort Lauderdale High is the oldest continuously functioning high school in Broward County and received an A-rating on Niche. Sunrise Middle School similarly features numerous magnet programs, including the Technology CAPE Academy and Montessori Magnet Academy. Sunrise Middle School received a B rating on Niche, while Bennett Elementary received a B-minus. St. Anthony Catholic School is a historic private school option parents may consider.

Enjoy outdoor exercise with beautiful trails and parks in Lake Ridge.
Enjoy outdoor exercise with beautiful trails and parks in Lake Ridge.

A Pedestrian-friendly neighborhood

The neighborhood is friendly to both pedestrians and bicyclists, and many attractions, like Holiday Park, are within walking distance. Sunrise Boulevard runs along the southern border and connects to Interstate 95. Downtown Fort Lauder is just 2 miles to the south, while those traveling farther can head to Fort Lauderdale-Hollywood International Airport, 7 miles away. Broward County Transit services numerous bus stops throughout the neighborhood.

Beck Connelley
Written By
Beck Connelley
Ivo Vieira
Photography Contributed By
Ivo Vieira
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Jaried Frogosa

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Reviews

Niche Reviews
2.3 2 Reviews
3.0 Niche User
5/18/2016 Niche Review
In close proximity to a bad neighborhood, but I have not personally experienced any crime or safety issues
Are you familiar with the Lake Ridge neighborhood? to let others know what life in this neighborhood is like.

Lake Ridge Demographics and Home Trends

Housing Trends

Median List Price
$718,000
Median Sale Price
$625,500
Median Single Family Sale Price
$711,000
Median Townhouse Sale Price
$1,150,000
Median 2 Bedroom Sale Price
$499,000
Median Change From 1st List Price
6%
Last 12 months Home Sales
42
Median Home Sale Price YoY Change
-12%
Average Price Per Sq Ft
$433

Neighborhood Facts

Number of Homes in Neighborhood
574
Number of Homes for Sale
26
Median Year Built
2004
Months of Supply
7.40
Average Single Family Home Size Sq Ft
1,610
Below the national average
1,925
Average Townhouse Size Sq Ft
2,203
Average 2 Bedroom Size Sq Ft
1,229
Average 1 Bedroom Size Sq Ft
665
Average Studio Size Sq Ft
528
Median Lot Size Sq Ft
6,534

Open Houses

  • Sunday, Sep 21
    10:30am - 12:30pm

    1115 NE 15th Ave, Fort Lauderdale, FL 33304

    $1,139,000

    • 2,911 Sq Ft
    • 1115 NE 15th Ave
    • New 16 days ago

    This five-unit property is currently operating as a high-performing vacation rental investment. The diverse unit mix includes two 1/1 units, two studios, and one 2/2 unit, which is currently on a month to month lease. All 4 units have the "GUEST FAVORITE" designation on Airbnb and come Fully Furnished/Turnkey. Units are separately metered with individual washer/dryer, ALL IMPACT WINDOWS AND

    Derek Dettman Dettman Realty Group LLC

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  • Sunday, Sep 21
    12:30 - 2:30pm

    1020 NE 17th Terrace Unit 1020, Fort Lauderdale, FL 33304

    $849,900

    • 3 Beds
    • 3 Baths
    • 2,034 Sq Ft
    • 1020 NE 17th Terrace
    • Unit 1020

    PRICED TO SELL! - NO HOA! Experience the freedom of no fee and no rental restriction in a thoughtfully designed 3 bedroom, 3 bathroom split floor plan. A versatile den invites creativity, perfect as a home office, media lounge, or playroom. This beautiful, newly constructed home is ideally situated just a short 5-minute drive from Fort Lauderdale Beach. The open concept kitchen, boasting quarts

    Patrizia Infante Douglas Elliman

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  • Saturday, Sep 20
    1 - 3pm

    1100 NE 17th Terrace, Fort Lauderdale, FL 33304

    $625,000

    • 2 Beds
    • 2 Baths
    • 1,230 Sq Ft
    • 1100 NE 17th Terrace

    This charming Mid-Century POOL home on a corner lot in East Fort Lauderdale! Enjoy Las Olas Blvd’s vibrant mix of boutiques, cafes, & restaurants, Fort Lauderdale Beach, Holiday Park w/ IcePlex, Tennis Center, andWar Memorial Auditorium. Conveniently located near schools, highways, public transportation. This home features tile flooring throughout, a formal living & dining room with stained wood

    Jeffrey Corriolan Compass Florida, LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
2,969
Median Age
42
Population Density
14 ppl/acre
Population under 18
17%
Below the national average
23.8%
Population over 65
14.3%
On par with the national average
19.1%

Finances

Median Household Income
$83,109
Above the national average
$71,702
Average Household Income
$120,435

Education and Workforce

High School Graduates
89.6%
College Graduates
35.8%
Advanced Degrees
16.2%
On par with the national average
13.3%
% Population in Labor Force
67.5%
On par with the national average
65.1%

Weather

Annual Precipitation
59''
Average Winter Low Temperature
59°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Bikeable

Bike Score®

69 / 100

Very Walkable

Walk Score®

85 / 100

Some Transit

Transit Score®

39 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Lake Ridge