Shady Banks
Walkable neighborhood with homes built in the mid-1900s
Ranch-style homes built in the 1950s are commonly seen, but colorful Spanish Revivals, contemporary estates and eye-catching modern builds are also in the mix. Prices across the neighborhood vary by age and renovations. Another price factor is proximity to the South Fork New River. Older landlocked properties list for under $500,000 while waterfront villas with docks and pools command prices well into the millions. Prices range from $415,000 for an inland one-bedroom rancher built in 1952 to $2 million for a four-bedroom home on the river with a dock. One outlier is a recent $8 million sale for a glossy modern one-bedroom home on a 4.5-acre riverfront lot with a saltwater pool and deep-water dockage for a mega-yacht. The neighborhood doesn't have any HOAs or short-term rental restrictions, so Airbnb rentals are allowed, Hornaday says. Some homeowners will split off a section of the house and rent it during spring break and other big events.
Las Olas Boulevard is lined with shops, restaurants and food trucks
There are no restaurants or shops within the neighborhood, but several popular spots are within a few miles. “There’s Riverside Market. It’s a really cool place north of the river,” Hornaday says. “It’s a bar and restaurant. One of the cool things about it – think of a gas station, and you open a cooler to get an energy drink. Here each cooler is filled with different beers. You make your own pack of six.” Las Olas Boulevard, an east-west street that ends at the beach, is also nearby. The boulevard is filled with restaurants, bars and shops, and there are different popular areas along its path, including Riverwalk. “Another bikeable place for dining and hanging out is Riverwalk,” Hornaday says. “The cool thing about Riverwalk is it’s all food trucks, stationary food trucks all parked at one spot.” Grocery stores within three miles of Shady Banks include a Whole Foods Market and a Publix.Fort Lauderdale celebrates many holidays and events beside the water
There are more than 1,300 boats on view during the Fort Lauderdale International Boat Show, which begins in early October. The five-day event, which is hosted by local marinas and the Broward County Convention Center, draws more than 100,000 visitors. The annual 4th of July Spectacular on Fort Lauderdale Beach draws big name music acts to celebrate America’s birthday. Children’s activities and waterslides add to the fun. Esplanade Park, just upriver from Shady Banks, hosts the Get Lit party which kicks off the ten-week Light Up Lauderdale celebration. This wintertime event celebrates the holidays with music, kids' activities and lights beside the river.Croissant Park Elementary received a $50,000 grant for a STEM Lab
In 2023 Chevron and Sunshine Gasoline awarded Croissant Park Elementary a $50,000 grant to establish a STEM lab for students to help them prepare for the future job market. Niche awards the school a grade of C+. New River Middle School, a magnet school with a focus in Marine Science, earns B-. Stranahan High School has six magnet academies, including the School of Medical Sciences and the School of Communications, Art and Design. Stranahan also earns a B-.
There are lots of trees in well-named Shady Banks
Centrally located, Hortt Park is a convenient spot for pickup tennis and volleyball matches or hoops practice on its half-basketball court. Shaded walking trails wind around the playground and fitness stations. There's also a modern rec center and a Little Free Library. A boardwalk meanders through the Bill Keith Preserve, a 4.5-acre neighborhood green space that fills a bend in the South Fork New River. Tropical and deciduous vegetation hugs the pathways here, and it's a pleasant place to observe a uniquely Floridian ecosystem amongst the snake-like mangroves and towering cypress trees. Paddlers can launch from the landing here. With the beach just 5 miles away, it’s also easy to spend a day on the sand. “My friend bikes to Fort Lauderdale Beach from there,” Hornaday says.
Convenient access to I-95 and the airport
Davie Boulevard provides Shady Banks with an immediate ramp onto Interstate 95, making it easy for north-south commutes and for quick trips to nearby eateries. Downtown is three miles northeast and Fort Lauderdale-Hollywood Airport is six miles south. Miami is 25 miles south, with a commute of about 35 to 40 minutes.
Written By
Amy Balfour
Video By
Anthony Pesa
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Agents Specializing in this Area
-
Sandra Tagliamonte
Sandra Tagliamonte
One Sotheby's Int'l Realty
(954) 480-1143
81 Total Sales
1 in Shady Banks
$8,000,000 Price
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Adam Gurewicz
Adam Gurewicz
Compass Florida, LLC
(754) 354-5144
41 Total Sales
1 in Shady Banks
$435,000 Price
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Mariem Garcia
Mariem Garcia
Responds QuicklyGalleria International Realty
(855) 693-0924
41 Total Sales
1 in Shady Banks
$1,225,000 Price
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Linda Hoyt
Linda Hoyt
One Sotheby's Int'l Realty
(954) 280-7729
176 Total Sales
1 in Shady Banks
$640,000 Price
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Daniel Bozza
Daniel Bozza
The Agency Florida LLC
(754) 757-2235
39 Total Sales
1 in Shady Banks
$415,000 Price
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Jose Luis Marrero
Jose Luis Marrero
Responds QuicklyColdwell Banker Realty
(321) 270-6784
43 Total Sales
1 in Shady Banks
$585,000 Price
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
- 9th to 12th
- Public
- 6th to 8th
- Public
- Pre-K to 5th
- Public
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Parks in this Area
Gore Betz Park
- Bike Trails
- Picnic Area
- Trails
Bill Keith Preserve
- Picnic Area
- Trails
- Kayak/Canoe
Coontie Hatchee Park
- Picnic Area
- Trails
- Beach
Flamingo Park
- Grills
- Picnic Area
- Playground
Hortt Park
- Baseball/Softball
- Basketball
- Tennis
Esterre Davis Wright Park
- Lake
- Trails
Transit
Shady Banks Demographics and Home Trends
On average, homes in Shady Banks, Fort Lauderdale sell after 160 days on the market compared to the national average of 70 days. The median sale price for homes in Shady Banks, Fort Lauderdale over the last 12 months is $725,000, up 93% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$789,500
Median Sale Price
$725,000
Median Single Family Sale Price
$205,000
Median Townhouse Sale Price
$810,000
Median Change From 1st List Price
8%
Last 12 months Home Sales
13
Median Home Sale Price YoY Change
93%
Average Price Per Sq Ft
$224
Neighborhood Facts
Number of Homes in Neighborhood
369
Number of Homes for Sale
1
Median Year Built
1957
Months of Supply
0.90
Average Single Family Home Size Sq Ft
1,655
Below the national average
1,924
Median Lot Size Sq Ft
7,405
Distribution of Home Values
Homes for Sale
Homes for Rent
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Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,074
Median Age
46
Population Density
6 ppl/acre
Population under 18
18.3%
Below the national average
23.8%
Population over 65
23%
On par with the national average
19.1%
Finances
Median Household Income
$84,295
Above the national average
$71,702
Average Household Income
$109,842
Education and Workforce
High School Graduates
87.7%
College Graduates
49.6%
Above the national average
34.1%
Advanced Degrees
15.2%
On par with the national average
13.3%
% Population in Labor Force
65.6%
Weather
Annual Precipitation
69''
Average Winter Low Temperature
39°F
Average Summer High Temperature
91°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
44
/ 100
Car-Dependent
Walk Score®
16
/ 100
Some Transit
Transit Score®
25
/ 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
Flamingo Park
Walkable, easygoing city living amid eclectic architecture and gorgeous greenery
Oak River
Lush Old Florida-style retreat just outside the heart of Fort Lauderdale
River Oaks
Riverfront neighborhood with wildlife and quick access to Fort Lauderdale
Riverside Park
Life on the waters in a premier Fort Lauderdale neighborhood
Chula Vista
An HOA-free canal-bound community with old Florida charm and ranch-style homes
Croissant Park
Prime location for reaching major employers, highway access, the beach and more
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