Is Las Olas A Good Area?
Las Olas Boulevard is a vibrant thoroughfare stretching from the sandy shores of the Atlantic Ocean to just beyond Andrews Avenue in downtown Fort Lauderdale. Spanning approximately one mile, this bustling commercial district boasts charming sub-tropical breezeways and courtyards bustling with an array of establishments including bars, nightclubs, bridal stores, shops, boutiques, art galleries, restaurants, and the renowned Riverside Hotel.
Beyond its allure as a shopping and dining destination, Las Olas Boulevard hosts a variety of events throughout the year that attract large crowds of visitors. From the prestigious Las Olas Art Fair to the festive Christmas on Las Olas, and from the indulgent Las Olas Wine and Food Festival to the luxurious Las Olas Luxury Living and Lifestyle Expo, there’s always something exciting happening along this iconic boulevard.
Explore the Vibrant Scene of Las Olas Neighborhood
Fort Lauderdale’s office market shows robust fundamentals
Experience over 30 delightful outdoor dining options, explore 10 renowned international art galleries, and visit 2 world-class museums. Stay at a charming hotel, indulge in shopping with 65 boutiques offering fashion, accessories, gifts, and more. Additionally, enjoy luxury home rentals and yacht charters for the ultimate getaway experience.
The urban revival has drawn new residential and office towers
Nestled in the heart of Fort Lauderdale, Las Olas Boulevard stands as a beacon of urban revival, boasting a vibrant blend of shopping, dining, and entertainment options. This coveted area has become a magnet for growth, drawing in a wave of new residential and office developments.
Among the latest additions to downtown Fort Lauderdale’s skyline is the Icon Las Olas, a premier luxury property now offering rentals to the discerning. Also on the horizon is the X Las Olas project, set to deliver 1200 units in the former Las Olas Riverfront festival marketplace. This development is designed to appeal to a younger demographic, with half of its units priced affordably.
Not to be outdone, 100 Las Olas is set to redefine Broward’s skyline as its tallest tower, standing at nearly 500 feet. This ambitious project will feature 120 condos, 228 hotel rooms, and ground-floor restaurant space. Units in this iconic tower start at $800,000, reaching up to $2.27 million, with an average list price just over $1.37 million. Las Olas Boulevard is not just a destination; it’s a lifestyle, offering a unique blend of urban convenience and luxurious living.
As Fort Lauderdale expands, downtown will flourish with added amenities for residents
Downtown Fort Lauderdale boasts exceptional demographics. In the 33301 zip code and within a 1-mile radius, the average household income exceeds $100,000 and $90,000 respectively. With a low average household size, combined with a low median age and high average household incomes, the area shows a strong appeal to young, single professionals, especially in the vicinity of Las Olas Boulevard. The region has experienced robust population and household growth, exceeding 8.0% through 2020, indicating a continuing trend of new residents moving into downtown Fort Lauderdale. This growth, along with the high average housing value of $633,490 in the zip code, is expected to lead to a higher proportion of renters in the area.
Las Olas Boulevard stands out as one of the top destinations for the Sun Trolley and the Riverwalk Water Trolley, which are among Fort Lauderdale’s most popular, enjoyable, and picturesque modes of transportation, with most routes being free.
Additionally, the neighboring communities feature a variety of parks that offer both residents and tourists a retreat from the downtown bustle, while the Flagler Village area has emerged as a trendy and artistic hub. For those looking to explore the area by water, Bluefoot Pirates Adventure offers a unique boat tour experience that is sure to delight visitors of all ages.