Market Report: Ft. Lauderdale

A global business hub with great beaches, Fort Lauderdale has become so much more than a tourist destination for sun worshippers. 

Miles of spectacular beaches is not the only major attraction of Fort Lauderdale, Florida. The city has developed a thriving business community that extends far beyond the tourism industry, and it has become a much-desired locale for year-round residents. 

The greater Fort Lauderdale area and its county – Broward – were ranked in 2021 as the nation’s #2 Best Business Climate, for a mid-sized metropolitan area, by Business Facilities magazine.1 Greater Fort Lauderdale was the only location in Florida to place in the top 10 Business Climate rankings for any sized community.

The recognition reflects the long-term effort the region has made to foster a business-friendly environment and to attract high-wage jobs. As Broward County Mayor Steven Geller noted after the ranking was announced, “Company headquarters and businesses in tech, aviation, life sciences and the marine industries continue to choose to locate and grow in Greater Fort Lauderdale/Broward County.”

Today, the presence of 200 regional, national or international headquarter operations has made the Fort Lauderdale area a major global business center.2 The region’s location, a well-developed infrastructure, and its population base have contributed to that success as a business hub. Businesses have easy access to domestic and international markets, given that the region has three international airports, several general aviation airports, and three deep-water seaports. It also provides companies with one of the most diverse and multilingual labor forces in Florida.

Companies can attract and retain employees because of the quality of the area’s schools. According to U.S. News & World Report rankings, five Broward County high schools are among the top 5% in the nation, and 15 are in the top 20%. Firms can also tap recent graduates from the population of 350,000 students who attend the 43 institutions of higher learning that are within a 30-mile radius of the city.

At the center of South Florida’s TechGateway

Midway between Miami and West Palm Beach, Fort Lauderdale is also at the heart of South Florida’s TechGateway, a public-private initiative across the three cities that was established to support the leading technology companies in the region. The tech companies with operations in the Fort Lauderdale area include Microsoft, Citrix, JetSmarter, Magic Leap, Hotwire Communications and Ultimate Software.

In 2020, the commercial real estate services and investment firm CBRE named South Florida as one of the next 10 tech markets to watch, and it also ranked the region as the eighth best market for tech labor pool growth.4 

A hot real estate market

Through just 10 months of 2021, Broward County had already posted a record-breaking year for home sales. Total sales for existing homes were 34,167, eclipsing the annual record of 33,891 set in 2016.5 The greater Fort Lauderdale and Miami areas have also been ranked among the top-10 real estate markets that people have moved to during the pandemic.6

With the shift to working from home giving people more freedom to live anywhere they want; more people are choosing to move to south Florida. The warm climate, easy access to beaches, and a full variety of dining, shopping and entertainment options, along with no personal income tax in the state of Florida, are proving to be irresistible lures for newcomers.

The new residents are not only coming from within the United States. The region has seen a large of influx of international buyers, as evidenced by the increase in sales that are fully cash transactions. Cash sales, which are more common with buyers coming from overseas, represented 39.1% of Broward County home closings in October 2021, up from 30.4% in October of the previous year.7 The national average for cash sales is 24%. The recent lifting of restrictions on travel into the United States, and the progress the U.S. has made with vaccinations, relative to many other countries, has added to the appeal of south Florida to these buyers. 

A full array of entertainment options

No matter what type of fun and entertainment people are seeking, they will be able to find numerous choices in Fort Lauderdale. It’s a boaters’ paradise. With its intricate canal system, Fort Lauderdale is sometimes called the Venice of America. It is a major yachting center and has over 100 marinas and boatyards. 

The city’s arts and entertainment district run along Las Olas Boulevard, from the beach to the heart of the city’s downtown area. The Broward Center for the Performing Arts has multiple venues, including the 2,658-seat Au-Rene Theater, a showcase for classical music, Broadway shows, and performances by the Florida Grand Opera. 

The FLA Live Arena, located in nearby Sunrise, Florida, offers concerts from major stars and is also home to the National Hockey League’s Florida Panthers. Fans of professional basketball, baseball and football don’t have to travel much further to take in games, given that Miami, home to the Heat, Marlins and Dolphins, is only about 40 minutes away.

While the region offers renowned museums, it’s also well known for its outdoor art exhibitions, including the Downtown Hollywood Mural Project, a public initiative to create murals from international as well as local artists. 

A vibrant nightlife

For after-dinner entertainment, people can find jazz and blue clubs that are open seven nights a week. Those who like to line dance can kick up their heels at the city’s renowned Round Up Country Western Bar. At the Café Iguana Pines, a 25,000-square foot nightclub, patrons can hit the dance floor to DJs and live bands or even take the mic themselves to sing on karaoke nights.

The Greater Fort Lauderdale Ale Trail has more than 45 breweries, beer gardens and pubs. Those looking to place some wagers will find several casinos in the Greater Fort Lauderdale area, where they can try their luck at gaming tables like blackjack or baccarat. 

A diverse geography

Nature lovers can tour not only beachfronts, but also bayous, canals, and farmland, while becoming acquainted with the wildlife that occupies it all. Plenty of helicopter tours offer a bird’s-eye view of the breathtaking landscapes. Those who want to take it all in on a kayak, boat or paddleboard will find many options to rent the vessel of their choice. 

Just off the shores of Greater Fort Lauderdale are 69 miles of natural coral reef, offering snorkelers and scuba divers an opportunity to explore a unique underwater environment. From March to October, many people comb the beaches to witness the turtle-nesting season as sea turtles establish nests for their hatchlings. 

Bordered by the Atlantic Ocean on one side, the Fort Lauderdale area has another equally impressive natural wonder on its other side – the Everglades. Airboat rides enable visitors to observe all the exotic flora, fauna and wildlife that includes alligators and Florida panthers. The Everglades is home to the Seminole Indians, who provide visitors with opportunities to learn about their history and culture.

Having long since shed its reputation as the premiere destination for college spring breakers, Fort Lauderdale has become a vibrant and much-desired location for people from around the world who want to make the city their permanent home.


1. Source: “Greater Fort Lauderdale Named #2 Best Business Climate in Nation by Business Facilities Magazine,” Greater Fort Lauderdale alliance, 8/23/21

2. Source: “Our Advantages: Strategic Global Location,” City of Fort Lauderdale, Economic and Community Investment Division

3. Source: “Top Rankings,” Greater Fort Lauderdale Alliance

4. Source: “Top Rankings,” Greater Fort Lauderdale Alliance

5. Source: “Greater Fort Lauderdale Area Breaks Annual Homes Sales Record in 2021,” World Property Journal, 11/29/21

6. Source: “Migration’s new map: Florida and Utah win favor as two giant metros lose out,” LinkedIn Workforce Insights, 3/21/21

7. Source: “Greater Fort Lauderdale Area Breaks Annual Homes Sales Record in 2021,” World Property Journal, 11/29/21

How helpful is this content?

Was this content helpful?

Sign up with Yieldstreet and be the first to know about our latest offerings, recent news, upcoming events, and more.

Your email will never be shared and will only be used for Yieldstreet updates. Already a Yieldstreet member? You're already set up to be notified.

Share this article:

Sign up for Yieldstreet in 3 easy steps

Sign up with your email address

Securely verify your identity and link a bank account

Verify your accreditation (if applicable) to access all of Yieldstreet’s offerings.

The Yield

Our weekly podcast providing ideas about how to make money work for you and bring you closer to your dreams.

Since inception, over $2.2B has been invested on Yieldstreet

Join today for free to access alternative investment opportunities.

1 Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in significant losses.

3 "Annual interest" or "Annualized Return" represents an annual target rate of interest or annualized target return and "term" represents the estimated term of the investment. Such target interest or target returns and estimated term are projections of the interest or returns and or term and may ultimately not be achieved. Actual interest or returns and term may be materially different from such projections. This targeted interest or returns and estimated term are based on the underlying investments held by the applicable.

4 Reflects the annualized distribution rate that is calculated by taking the most recent quarterly distribution approved by the Fund's Board of Directors and dividing it by prior quarter-end NAV and annualizing it. The Fund’s distribution may exceed its earnings. Therefore, a portion of the Fund’s distribution may be a return of the money you originally invested and represent a return of capital to you for tax purposes.

5 Represents the sum of the interest accrued in the statement period plus the interest paid in the statement period.

6 The internal rate of return ("IRR") represents an average net realized IRR with respect to all matured investments weighted by the investment size of each individual investment, made by private investment vehicles managed by YieldStreet Management, LLC from July 1, 2015 through and including Dec 22th, 2021, after deduction of management fees and all other expenses charged to investments.

7 Investors should carefully consider the investment objectives, risks, charges and expenses of the Yieldstreet Prism Fund before investing. The prospectus for the Yieldstreet Prism Fund contains this and other information about the Fund and can be obtained by emailing [email protected] or by referring to The prospectus should be read carefully before investing in the Fund. Investments in the Fund are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency) and are not guaranteed by Yieldstreet or any other party.

8 This tool is for informational purposes only. You should not construe any information provided here as investment advice or a recommendation, endorsement or solicitation to buy any securities offered on Yieldstreet. Yieldstreet is not a fiduciary by virtue of any person's use of or access to this tool. The information provided here is of a general nature and does not address the circumstances of any particular individual or entity. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of this information before making any decisions based on such information.

300 Park Avenue 15th Floor, New York, NY 10022


No communication by YieldStreet Inc. or any of its affiliates (collectively, “Yieldstreet™”), through this website or any other medium, should be construed or is intended to be a recommendation to purchase, sell or hold any security or otherwise to be investment, tax, financial, accounting, legal, regulatory or compliance advice. Nothing on this website is intended as an offer to extend credit, an offer to purchase or sell securities or a solicitation of any securities transaction.

Any financial projections or returns shown on the website are estimated predictions of performance only, are hypothetical, are not based on actual investment results and are not guarantees of future results. Estimated projections do not represent or guarantee the actual results of any transaction, and no representation is made that any transaction will, or is likely to, achieve results or profits similar to those shown. In addition, other financial metrics and calculations shown on the website (including amounts of principal and interest repaid) have not been independently verified or audited and may differ from the actual financial metrics and calculations for any investment, which are contained in the investors’ portfolios. Any investment information contained herein has been secured from sources that Yieldstreet believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor.

Private placement investments are NOT bank deposits (and thus NOT insured by the FDIC or by any other federal governmental agency), are NOT guaranteed by Yieldstreet or any other party, and MAY lose value. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through the website. Investors must be able to afford the loss of their entire investment.

Investments in private placements are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest. Additionally, investors may receive illiquid and/or restricted securities that may be subject to holding period requirements and/or liquidity concerns. Investments in private placements are highly illiquid and those investors who cannot hold an investment for the long term (at least 5-7 years) should not invest.

Alternative investments should only be part of your overall investment portfolio. Further, the alternative investment portion of your portfolio should include a balanced portfolio of different alternative investments.

Articles or information from third-party media outside of this domain may discuss Yieldstreet or relate to information contained herein, but Yieldstreet does not approve and is not responsible for such content. Hyperlinks to third-party sites, or reproduction of third-party articles, do not constitute an approval or endorsement by Yieldstreet of the linked or reproduced content.

Investing in securities (the "Securities") listed on Yieldstreet™ pose risks, including but not limited to credit risk, interest rate risk, and the risk of losing some or all of the money you invest. Before investing you should: (1) conduct your own investigation and analysis; (2) carefully consider the investment and all related charges, expenses, uncertainties and risks, including all uncertainties and risks described in offering materials; and (3) consult with your own investment, tax, financial and legal advisors. Such Securities are only suitable for accredited investors who understand and willing and able to accept the high risks associated with private investments.

Investing in private placements requires long-term commitments, the ability to afford to lose the entire investment, and low liquidity needs. This website provides preliminary and general information about the Securities and is intended for initial reference purposes only. It does not summarize or compile all the applicable information. This website does not constitute an offer to sell or buy any securities. No offer or sale of any Securities will occur without the delivery of confidential offering materials and related documents. This information contained herein is qualified by and subject to more detailed information in the applicable offering materials. Yieldstreet™ is not registered as a broker-dealer. Yieldstreet™ does not make any representation or warranty to any prospective investor regarding the legality of an investment in any Yieldstreet Securities.

Banking services are provided by Evolve Bank & Trust, Member FDIC.

Investment advisory services are provided by YieldStreet Management, LLC, an investment advisor registered with the Securities and Exchange Commission.

Our site uses a third party service to match browser cookies to your mailing address. We then use another company to send special offers through the mail on our behalf. Our company never receives or stores any of this information and our third parties do not provide or sell this information to any other company or service.

Read full disclosure
Copyright © 2022 YieldStreet, Inc.