Fort Lauderdale is sometimes known as the “Venice of America” because of its expansive and intricate canal system. There are over one-hundred miles of waterways within the city limits. Along these waterways are numerous luxury residential real estate properties. Many of the properties are located on ocean-access canals leading to the Intracoastal Waterway. Others are located directly on the Intracoastal Waterway. The combination of waterways and proximity to the Bahamas and Caribbean makes Fort Lauderdale a major yachting center.