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Shady Banks

Shady Banks

Suburban Neighborhood in Fort Lauderdale, Florida

Broward County 33312

$858,406 Average Value
$526 Average Price per Sq Ft
17 Homes For Sale
Lots of green spaces can be found in the Shady Banks neighborhood.
Lots of green spaces can be found in the Shady Banks neighborhood.

Old Florida meets New Florida in Fort Lauderdale

Bright bungalows and ranch-style homes exude mid-century cool in Shady Banks. And their tidy green lawns and tropical foliage add even more aesthetic oomph. Named for the dense canopies that shade its yards and sidewalks, Shady Banks has a beautiful backdrop, which also includes old oak trees, two parks and a spot on the South Fork New River. Arching palms frame its uncrowded, narrow roads. With proximity to Fort Lauderdale’s beaches and popular dining and shopping spots, young buyers are taking notice. “It’s definitely getting a lot younger,” says Matthew Hornaday, a Realtor with Exp Realty. “It's got 1940s and 1950s-built homes, and they’re usually a bit smaller. You’ve got young families and a younger demographic.”

Traditional ranch-style home in the Shady Banks neighborhood.
Traditional ranch-style home in the Shady Banks neighborhood.

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.

Close to Shady Banks there are so many options for restaurants and retail shops.
Close to Shady Banks there are so many options for restaurants and retail shops.

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-.

A brand new kids' playground area offers a safe place for the children in Shady Banks.
A brand new kids' playground area offers a safe place for the children in Shady Banks.

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.

FLL Airport is around the corner for Shady Banks residents.
FLL Airport is around the corner for Shady Banks residents.

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.

Amy Balfour
Written By
Amy Balfour
Anthony Pesa
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Anthony Pesa

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

Interested in learning more about homes in this area? Reach out to Jose Luis Marrero, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Fort Lauderdale/Hollywood International

12 min drive

Bus

Davie B & SW 17 A

Crime and Safety

1 - Low Crime, 10 - High Crime Shady Banks US
Homicide 4 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 3 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$640,000
Median Single Family Price
$682,500
Average Price Per Sq Ft
$526
Number of Homes for Sale
17
Last 12 months Home Sales
25
Months of Supply
8.20
Median List Price
$727,000
Median Discount From 1st List Price
5%
Median Home Sale Price YoY Change
-9%

Home Facts

Number of Homes in Neighborhood
369
Median Year Built
1957
Avg. Single Family Home Size Sq Ft
1,659
Below the national average
1,935
Median Lot Size Sq Ft
7,405

Open Houses

  • Saturday, Apr 26
    11am - 1pm

    1501 SW 12th Ct, Fort Lauderdale, FL 33312

    $774,999

    • 5 Beds
    • 3.5 Baths
    • 1,959 Sq Ft
    • 1501 SW 12th Ct
    • New 9 days ago

    Gorgeous Shady Banks 3 Bedroom 2 Bath single family home + attached 2 bedroom 1.5 guesthouse with full kitchen and oversized yard. Plenty of parking space for an RV or a boat. Both kitchens have stainless steel appliances. Each side has private entrances. Both units have their own AC and washer/dryers. Perfect for either AirBnB or annual rentals. Can be utilized as a duplex.Live in one side and

    Jason Ehlen The Cavan Group LLC

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  • Sunday, Apr 27
    1 - 3pm

    1462 SW 16th Terrace, Fort Lauderdale, FL 33312

    $725,000

    • 4 Beds
    • 3 Baths
    • 1,504 Sq Ft
    • 1462 SW 16th Terrace
    • New 15 days ago

    Fantastic location one street from a fabulous 5+ acre park, 4 bed 3 bath home in sought after Shady Banks. Great for entertaining with a 500sf covered patio and big backyard with room for a pool. Open, flexible floorplan with 2 primary bedrooms plus 2 additional bedrooms if home office space is needed. Inside laundry, Florida room with access to the patio. Easy access to downtown, the beach the

    Rose Purswell Sea Island Realty Inc.

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  • Saturday, Apr 26
    11am - 1pm

    1601 SW 20th Ave, Fort Lauderdale, FL 33312

    $725,000

    • 4 Beds
    • 3 Baths
    • 1,894 Sq Ft
    • 1601 SW 20th Ave
    • New 17 days ago

    Rare opportunity to have a single-family home with a detached 2 story guest house in sought after Shady BanksMain house offers 3 bedrooms, 1 bath. Detached guest house has an efficiency downstairs- great for home office- gym or rental income, upstairs has a sunny 1 bedroom/studio- another income opportunity! Mature trees, fully fenced, impact windows. Ample parking for multiple cars, boat & RV.

    Rose Purswell Sea Island Realty Inc.

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Jose Luis Marrero, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

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.

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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
Shady Banks