Category Archives: Luxury Condos – from $500K – $5 Milion Plus

Luxury Condos

Fort Lauderdale Luxury
& Trophy Condos

Here is our guide to Fort Lauderdale luxury condos for sale for April / May 2018

Fort Lauderdale with its oceanfront, waterfront and down town areas offers a great range of Luxury Condos & “Trophy” Condos for Sale.

Search Luxury Condos $500K Plus

Search Luxury Condos $1 Million Plus

 

Key Statistics for Buyers / Sellers

  • Prices from $500,000 – $11 Million
  • Median List Price $868,450 – up slightly from our last post!
    – 3 Bedroom 2 Bathroom Unit
  • Median Square Foot Price $469.00

Luxury Condos
Prices by Bedroom

Here is our market summary report for Fort Lauderdale Luxury condos for sale by median price / bedroom

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 918 $749,999 $827.00
2 / 2 1599 $700,000 $471.00
3 / 3 2318 $914,500 $427.00
4 / 3 3034 $1,359,500 $450.00

Continue reading Luxury Condos

Luxury Condos

Fort Lauderdale Luxury
& Trophy Condos

Here is our guide to Fort Lauderdale luxury condos for sale for February / March 2018

Fort Lauderdale with its oceanfront, waterfront and down town areas offers a great range of Luxury Condos & “Trophy” Condos for Sale.

Search Luxury Condos $500K Plus

Search Luxury Condos $1 Million Plus

 

Key Statistics for Buyers / Sellers

  • Prices from $500,000 – $11 Million
  • Median List Price $862,450 – down from our last post!
    – 3 Bedroom 2 Bathroom Unit
  • Median Square Foot Price $469.00

Luxury Condos
Prices by Bedroom

Here is our market summary report for Fort Lauderdale Luxury condos for sale by median price / bedroom

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 918 $769,000 $786.00
2 / 2 1641 $749,000 $465.00
3 / 3 2569 $1,050,000 $438.00
4 / 4 3365 $2,650,000 $594.00

Continue reading Luxury Condos

Luxury Condos

Fort Lauderdale Luxury
& Trophy Condos

Here is our guide to Fort Lauderdale luxury condos for sale for December 2017 / January 2018

Fort Lauderdale with its oceanfront, waterfront and down town areas offers a great range of Luxury Condos & “Trophy” Condos for Sale.

Search Luxury Condos $500K Plus

Search Luxury Condos $1 Million Plus

 

Key Statistics for Buyers / Sellers

  • Prices from $500,000 – $10 Million
  • Median List Price $884,000 – down from our last post!
    – 3 Bedroom 2 Bathroom Unit
  • Median Square Foot Price $465.00

Luxury Condos
Prices by Bedroom

Here is our market summary report for Fort Lauderdale Luxury condos for sale by median price / bedroom

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 958 $795,000 $830.00
2 / 2 1649 $720,000 $467.00
3 / 3 2400 $949,950 $425.00
4 / 3 3267 $1,495,000 $488.00

Continue reading Luxury Condos

Luxury Condos

Fort Lauderdale Luxury
& Trophy Condos

Here is our guide to Fort Lauderdale luxury condos for sale for November / December  2017.

Fort Lauderdale with its oceanfront, waterfront and down town areas offers a great range of Luxury Condos & “Trophy” Condos for Sale.

Search Luxury Condos $500K Plus

Search Luxury Condos $1 Million Plus

 

Key Statistics for Buyers / Sellers

  • Prices from $500,000 – $11 Million
  • Median List Price $898,750 – up from our last 2 posts!
    – 3 Bedroom 2 Bathroom Unit
  • Median Square Foot Price $466.00

Luxury Condos
Prices by Bedroom

Here is our market summary report for Fort Lauderdale Luxury condos for sale by median price / bedroom

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 918 $790,000 $836.00
2 / 2 1656 $772,500 $466.00
3 / 3 2625 $1,044,500 $429.00
4 / 4 3439 $2,095,000 $543.00

We can see from this report that:

  • The median price for Fort Lauderdale Luxury 1 Bedroom condos for sale is $790,000 – this being for a 1 bedroom 1 bathroom luxury condo unit of 918 square feet with a list price to square foot price of $836.00 – In our last post the median price for Luxury 1 Bedroom condos for sale was a little higher at $795,000 – this being for a slightly larger 1 bedroom 1 bathroom luxury condo unit of 964 square feet with a list price to square foot price of $836.00
  • The median price for Fort Lauderdale Luxury 2 Bedroom condos for sale is $772,500 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1656 square feet with a list price to square foot price of $466.00 – In our last post the median price for Luxury 2 Bedroom condos for sale was over $30,000 less at $740,000 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1632 square feet with a list price to square foot price of $460.00
  • The median price for Fort Lauderdale Luxury 3 Bedroom condos for sale is $1,044,500 – this being for a 3 bedroom 3 bathroom luxury unit of 2625 square feet with a list price to square foot price of $429.00 – In our last post the median for Luxury 3 Bedroom condos for sale was over $40,000 less at $999,900 – this being for a 3 bedroom 3 bathroom luxury unit of 2623 square feet with a list price to square foot price of $450.00
  • The median price for Fort Lauderdale Luxury 4 Bedroom condos for sale is $2,095,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 3439 square feet with a list price to square foot price of $543.00 – In our last post the median for Luxury 4 Bedroom condos for sale was $300,000 less at $1,795,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 3437 square feet with a list price to square foot price of $509.00

Note luxury 4 bedroom condo prices are heavily influenced by location – the number of oceanfront units and waterfront units for sale at any one time being two major factors affecting median prices.


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
954-459-0337

Click here to email me now


Luxury Condos
Pricing Analysis

Currently there are 592 luxury condos  for sale in Ft Lauderdale – units that are priced at $500,000 or more – up from our last post! 

Inventory levels  are down from our October / November 2017 post on luxury Fort Lauderdale condos for sale when there were 561 luxury condos for sale!

The pricing analysis report for these condos in presented below.

BEDS / BATHS LA LP$
Min 0 / 1 579 $500,000
Max 6 / 6 8788 $11,000,000
Avg 3 / 2 2274 $1,276,393
Median 3 / 2 2129 $898,750

We can see from this report that:

  • The average price for a luxury Fort Lauderdale condo in this price range is $1,276,393 – this being for a 3 bedroom 2 bathroom unit of 2274 square feet.  In our last post the average price for a luxury Fort Lauderdale condo in this price range was lower at $1,250,194 – this being for a 2 bedroom 2 bathroom unit of 2246 square feet.
  • The median price for a luxury Fort Lauderdale condo in this price range is $898,750 – this being for a 3 bedroom 2 bathroom unit of 2129 square feet.  In our last post the median price for a luxury Fort Lauderdale condo in this price range was lower at $867,500 – this being for a 3 bedroom 2 bathroom unit of 2088 square feet.

Luxury Condos
Square Foot Prices

An important guide for Fort Lauderdale luxury condos for sale is the average and median list price to square foot price.

Our market summary report for these is presented below.

LP$/SqFt
Min $166.00
Max $2,712.00
Avg $554.00
Median $466.00

We can see from this report that the:

  • Average list price to square foot price for a luxury Fort Lauderdale condo for sale is $554.00 – up from $550.00 in our last post and $540.00 in our prior post!
  • Median list price to square foot price for a luxury Fort Lauderdale condo for sale is $466.00  – down from $469.00 in our last post!

Note the highest square foot price for a Fort Lauderdale luxury condo for sale at $2,712.00!

View 3 bedroom luxury Fort Lauderdale condo for sale on the Intrascoastal
View 3 bedroom luxury Fort Lauderdale waterfront condo for sale

Luxury Condo
Inventory Analysis

The inventory analysis report is a very important and useful tool – for it shows us the breakdown of the inventory for ALL Luxury Fort Lauderdale condos for sale by price brackets or price ranges.

The inventory analysis report is presented below:

Price Range Quantity
$500,000 – $549,999 44
$550,000 – $599,999 47
$600,000 – $699,999 100
$700,000 – $799,999 66
$800,000 – $899,999 52
$900,000 – $999,999 41
$1,000,000 or over 242
Total 592

We can see from this report that the largest concentration of luxury condos for sale are units priced at over $1 Million dollars with 242 condos currently for sale in this price range

This is up from 219 luxury condos for sale in our last post and from 227 luxury condos for sale in our prior post!

View luxury Fort Lauderdale waterfront condos for sale on the Intracoastal
View luxury Fort Lauderdale waterfront condos for sale on the Intracoastal

Luxury Condos
by Bedroom

Here is our guide to Luxury Fort Lauderdale condos for sale by bedroom – we focus in detail on 1 bedroom condos right through to 3 bedrooms units.

Note: Prices for luxury 4 or more bedroom condos here in Fort Lauderdale can vary dramatically – this is a result of factors including: location (as discussed above), the building, building amenities and unit stack and unit condition and/or customization.

Fort Lauderdale Luxury
1 Bedroom Condos

There are currently 23 x 1 bedroom Fort Lauderdale luxury condos for sale – down a little from the 25 x 1 bedroom luxury condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 1 bedroom condos currently for sale.

BEDS / BATHS LA LP$
Min 1 / 1 579 $525,000
Max 1 / 2 1797 $1,400,000
Avg 1 / 1 992 $780,639
Median 1 / 1 918 $790,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $780,639 – this being for a 1 bedroom 1 bathroom condo of 992 square feet with a list price to square foot price of $796.00.  
  • Median price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $790,000  this being for a 1 bedroom 1 bathroom condo of 918 square feet with a list price to square foot price of $836.00. 

We can also see from this report that the lowest price for a luxury Fort Lauderdale 1 bedroom condo for sale is $525,000 and the highest price is $1,400,000.

Interesting to note is that the smallest luxury 1 bedroom condo for sale is just 579 square feet (these are usually Hotel Condos) and then the largest 1 bedroom condo for sale is a 1,797 square feet.

Fort Lauderdale Luxury
2 Bedroom Condos

There are currently 234 x 2 bedroom Fort Lauderdale luxury condos for sale – this is up slightly from 228 x 2 bedroom condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 2 bedroom condos currently for sale.

BEDS / BATHS LA LP$
Min 2 / 1 936 $500,000
Max 2 / 3 3189 $4,500,000
Avg 2 / 2 1707 $973,521
Median 2 / 2 1656 $772,500

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $973,521 – this being for a 2 bedroom 2 bathroom condo of 1707 square feet with a list price to square foot price of $569.00
  • Median price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $772,500 this being for a 2 bedroom 2 bathroom condo of 1656 square feet with a list price to square foot price of $466.00

We can also see from this report that the lowest price for a 2 bedroom condo for sale is $500,000 and the highest price is $4.5 Million.

Interesting to note is that the smallest luxury 2 bedroom condo for sale is just 936 square feet and the largest luxury 2 bedroom condo for sale is a “generous” 3189 square feet!

Fort Lauderdale Luxury
3 Bedroom Condos

There are currently 282 x 3 bedroom Fort Lauderdale luxury condos for sale – up from the 259 x 3 bedroom luxury Fort Lauderdale condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 3 bedroom condos currently for sale.

BEDS / BATHS LA LP$
Min 3 / 2 1469 $500,000
Max 3 / 4 5269 $11,000,000
Avg 3 / 3 2606 $1,332,827
Median 3 / 3 2625 $1,044,500

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,332,827– this being for a 3 bedroom 3 bathroom luxury condo of 2606 square feet with a list price to square foot price of $499.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1044,500 this being for a 3 bedroom 3 bathroom luxury condo of 2625 square feet with a list price to square foot price of $429.00

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $500,000 and the highest price is $11,000,000.

Interesting to note is that the smallest luxury 3 bedroom condo for sale is just 1,469 square feet (typically these are Hotel Condos) and the largest 3 bedroom luxury condo for sale is a “massive” 5269 square feet condo! 

Fort Lauderdale Luxury
4 Bedroom Condos

There are currently 48 x 4 bedroom Fort Lauderdale luxury condos for sale  – up from 43 x luxury Fort Lauderdale 4 bedroom condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 4 bedroom condos currently for sale.

 BEDS / BATHS LA LP$
Min 4 / 3 2020 $595,000
Max 4 / 6 8788 $8,350,000
Avg 4 / 4 3660 $2,474,367
Median 4 / 4 3439 $2,095,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 4 bedroom condo currently for sale is $2,474,367 – this being for a 4 bedroom 4 bathroom luxury condo of 3660 square feet with a list price to square foot price of $646.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $2,095,000  this being for a 4 bedroom 4 bathroom luxury condo of 3439 square feet with a list price to square foot price of $543.00

We can also see from this report that the lowest price for a 4 bedroom condo for sale is $595,000 and the highest price is $8,350,000.

Interesting to note is that the smallest luxury 4 bedroom condo for sale is 2,020 square feet (typically these are Hotel Condos) and the largest 4 bedroom luxury condo for sale is a “substantial” 8788 square feet condo! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fort Lauderdale offers an amazing range of luxury condos for sale – with options from downtown units to Intracoastal units to oceanfront units.

It is great to be able to report that median prices for Fort Lauderdale luxury condos for sale continue to rise…. up from $854,500 to $898,750 in just a few short months!

It is also pleasing to see that the inventory of Luxury condos for sale is up!

I hope you have enjoyed my post on Fort Lauderdale luxury condos for Sale 

Kevin Wirth Realtor – 954-459-0337

Luxury Condos

Fort Lauderdale Luxury
& Trophy Condos

Here is our guide to Fort Lauderdale luxury condos for sale for October / November  2017.

Fort Lauderdale with its oceanfront, waterfront and down town areas offers a great range of Luxury Condos & “Trophy” Condos for Sale.

Search Luxury Condos $500K Plus

Search Luxury Condos $1 Million Plus

 

Key Statistics for Buyers / Sellers

  • Prices from $500,000 – $11 Million
  • Median List Price $867,500 – up from our last post!
    – 3 Bedroom 2 Bathroom Unit
  • Median Square Foot Price $469.00

Luxury Condos
Prices by Bedroom

Here is our market summary report for Fort Lauderdale Luxury condos for sale by median price / bedroom

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 964 $795,000 $836.00
2 / 2 1632 $740,000 $460.00
3 / 3 2623 $999,900 $450.00
4 / 4 3437 $1,795,000 $509.00

We can see from this report that:

  • The median price for Fort Lauderdale Luxury 1 Bedroom condos for sale is $795,000 – this being for a 1 bedroom 1 bathroom luxury condo unit of 964 square feet with a list price to square foot price of $836.00 – In our last post the median price for Luxury 1 Bedroom condos for sale was $90,000 lower at $705,000 – this being for a 1 bedroom 1 bathroom luxury condo unit of 941 square feet with a list price to square foot price of $863.00
  • The median price for Fort Lauderdale Luxury 2 Bedroom condos for sale is $740,000 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1632 square feet with a list price to square foot price of $460.00 – In our last post the median price for Luxury 2 Bedroom condos for sale was much the same at $742,500 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1650 square feet with a list price to square foot price of $460.00
  • The median price for Fort Lauderdale Luxury 3 Bedroom condos for sale is $999,900 – this being for a 3 bedroom 3 bathroom luxury unit of 2623 square feet with a list price to square foot price of $450.00 – In our last post the median for Luxury 3 Bedroom condos for sale was lower at $984,450 – this being for a 3 bedroom 3 bathroom luxury unit of 2592 square feet with a list price to square foot price of $434.00
  • The median price for Fort Lauderdale Luxury 4 Bedroom condos for sale is $1,795,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 3437 square feet with a list price to square foot price of $509.00 – In our last post the median for Luxury 4 Bedroom condos for sale was over $186,000 higher at $1,981,492 – this being for a 4 bedroom 4 bathroom luxury condo unit of 3439 square feet with a list price to square foot price of $536.00

Note luxury 4 bedroom condo prices are heavily influenced by location – the number of oceanfront units and waterfront units for sale at any one time being two major factors affecting median prices.


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
954-459-0337

Click here to email me now


Luxury Condos
Pricing Analysis

Currently there are 561 luxury condos  for sale in Ft Lauderdale – units that are priced at $500,000 or more – down from our last post! 

Inventory levels  are down from our August / September 2017 post on luxury Fort Lauderdale condos for sale when there were 590 luxury condos for sale!

The pricing analysis report for these condos in presented below.

BEDS / BATHS LA LP$
Min 0 / 1 579 $500,000
Max 5 / 6 8788 $11,000,000
Avg 2 / 2 2246 $1,250,194
Median 3 / 2 2088 $867,500

We can see from this report that:

  • The average price for a luxury Fort Lauderdale condo in this price range is $1,250,194 – this being for a 2 bedroom 2 bathroom unit of 2246 square feet.  In our last post the average price for a luxury Fort Lauderdale condo in this price range was very close at  $1,250,584 – this being for a 2 bedroom 2 bathroom unit of 2284 square feet.
  • The median price for a luxury Fort Lauderdale condo in this price range is $867,500 – this being for a 3 bedroom 2 bathroom unit of 2088 square feet.  In our last post the median price for a luxury Fort Lauderdale condo in this price range was lower at $854,500 – this being for a 3 bedroom 2 bathroom unit of 2116 square feet.

Luxury Condos
Square Foot Prices

An important guide for Fort Lauderdale luxury condos for sale is the average and median list price to square foot price.

Our market summary report for these is presented below.

LP$/SqFt
Min $166.00
Max $2,712.00
Avg $550.00
Median $469.00

We can see from this report that the:

  • Average list price to square foot price for a luxury Fort Lauderdale condo for sale is $550.00 – up from $540.00 in our last post!
  • Median list price to square foot price for a luxury Fort Lauderdale condo for sale is $469.00  – also up from $465.00 in our last post!

Note the highest square foot price for a Fort Lauderdale luxury condo for sale at $2,712.00!

View luxury Fort Lauderdale oceanfront condo for sale - L'Hermitage Galt Ocean Mile
View luxury Fort Lauderdale oceanfront condo for sale – L’Hermitage Galt Ocean Mile

Luxury Condo
Inventory Analysis

The inventory analysis report is a very important and useful tool – for it shows us the breakdown of the inventory for ALL Luxury Fort Lauderdale condos for sale by price brackets or price ranges.

The inventory analysis report is presented below:

Price Range Quantity
$500,000 – $549,999 50
$550,000 – $599,999 48
$600,000 – $699,999 90
$700,000 – $799,999 66
$800,000 – $899,999 50
$900,000 – $999,999 38
$1,000,000 or over 219
Total 561

We can see from this report that the largest concentration of luxury condos for sale are units priced at over $1 Million dollars with 219 condos currently for sale in this price range

This is down a little from 227 luxury condos for sale in our last post!

View Fort Lauderdale luxury condos for sale Las Olas Riverhouse
View Fort Lauderdale luxury condos for sale here in Las Olas Riverhouse

Luxury Condos
by Bedroom

Here is our guide to Luxury Fort Lauderdale condos for sale by bedroom – we focus in detail on 1 bedroom condos right through to 3 bedrooms units.

Note: Prices for luxury 4 or more bedroom condos here in Fort Lauderdale can vary dramatically – this is a result of factors including: location (as discussed above), the building, building amenities and unit stack and unit condition and/or customization.

Fort Lauderdale Luxury
1 Bedroom Condos

There are currently 25 x 1 bedroom Fort Lauderdale luxury condos for sale – down a little from the 23 x 1 bedroom luxury condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 1 bedroom condos currently for sale.

BEDS / BATHS LA LP$
Min 1 / 1 430 $500,000
Max 1 / 2 1797 $2,435,000
Avg 1 / 1 1011 $834,788
Median 1 / 1 964 $795,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $834,788– this being for a 1 bedroom 1 bathroom condo of 1011 square feet with a list price to square foot price of $817.00.  
  • Median price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $795,000  this being for a 1 bedroom 1 bathroom condo of 964 square feet with a list price to square foot price of $836.00. 

We can also see from this report that the lowest price for a luxury Fort Lauderdale 1 bedroom condo for sale is $500,000 and the highest price is $2,435,000.

Interesting to note is that the smallest luxury 1 bedroom condo for sale is just 430 square feet (these are usually Hotel Condos) and then the largest 1 bedroom condo for sale is a 1,797 square feet.

Fort Lauderdale Luxury
2 Bedroom Condos

There are currently 228 x 2 bedroom Fort Lauderdale luxury condos for sale – this is up ever so slightly from 226 x 2 bedroom condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 2 bedroom condos currently for sale.

BEDS / BATHS LA LP$
Min 2 / 1 936 $500,000
Max 2 / 3 3209 $4,400,000
Avg 2 / 2 1694 $933,316
Median 2 / 2 1632 $740,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $933,316 – this being for a 2 bedroom 2 bathroom condo of 1694 square feet with a list price to square foot price of $547.00
  • Median price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $740,000 this being for a 2 bedroom 2 bathroom condo of 1632 square feet with a list price to square foot price of $460.00

We can also see from this report that the lowest price for a 2 bedroom condo for sale is $500,000 and the highest price is $4.4 Million.

Interesting to note is that the smallest luxury 2 bedroom condo for sale is just 936 square feet and the largest luxury 2 bedroom condo for sale is a “generous” 3209 square feet!

Fort Lauderdale Luxury
3 Bedroom Condos

There are currently 259 x 3 bedroom Fort Lauderdale luxury condos for sale – well down from the 294 x 3 bedroom luxury Fort Lauderdale condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 3 bedroom condos currently for sale.

 

BEDS / BATHS LA LP$
Min 3 / 2 1369 $500,000
Max 3 / 4 5269 $11,000,000
Avg 3 / 6 2608 $1,344,929
Median 3 / 3 2623 $999,900

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,344,929– this being for a 3 bedroom 3 bathroom luxury condo of 2608 square feet with a list price to square foot price of $488.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $999,900 this being for a 3 bedroom 3 bathroom luxury condo of 2623 square feet with a list price to square foot price of $460.00

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $500,000 and the highest price is $11,000,000.

Interesting to note is that the smallest luxury 3 bedroom condo for sale is just 1,369 square feet (typically these are Hotel Condos) and the largest 3 bedroom luxury condo for sale is a “massive” 5269 square feet condo! 

Fort Lauderdale Luxury
4 Bedroom Condos

There are currently 43 x 4 bedroom Fort Lauderdale luxury condos for sale  – up slightly from 41 x luxury Fort Lauderdale 4 bedroom condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 4 bedroom condos currently for sale.

BEDS / BATHS LA LP$
Min 4 / 3 2020 $595,000
Max 4 / 6 8788 $8,901,000
Avg 4 / 3 3633 $2,344,689
Median 4 / 4 3437 $1,795,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 4 bedroom condo currently for sale is $2,344,689 – this being for a 4 bedroom 4 bathroom luxury condo of 3633 square feet with a list price to square foot price of $621.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,795,000  this being for a 4 bedroom 4 bathroom luxury condo of 3437 square feet with a list price to square foot price of $509.00

We can also see from this report that the lowest price for a 4 bedroom condo for sale is $595,000 and the highest price is $8,901,000.

Interesting to note is that the smallest luxury 4 bedroom condo for sale is 2,020 square feet (typically these are Hotel Condos) and the largest 4 bedroom luxury condo for sale is a “substantial” 8788 square feet condo! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fort Lauderdale offers an amazing range of luxury condos for sale – with options from downtown units to Intracoastal units to oceanfront units.

It is great to be able to report that median prices for Fort Lauderdale luxury condos for sale continue to rise….up from $854,500 in our last post to $867,500 in this post.

It is important to note that the inventory of Luxury Fort Lauderdale condos for sale continues to decline – down from 590 luxury condos for sale in our last post to 561 luxury condos for sale in this post!

This drop is especially important to note given Fort Lauderdale has been undergoing a surge in new luxury construction – which has significantly increased the overall number of luxury condos for sale.

I hope you have enjoyed my post on Fort Lauderdale luxury condos for Sale 

Kevin Wirth Realtor – 954-459-0337

Luxury Condos

Fort Lauderdale Luxury
& Trophy Condos

Here is our guide to Fort Lauderdale luxury condos for sale for August / September  2017.

Fort Lauderdale with its oceanfront, waterfront and down town areas offers a great range of Luxury Condos & “Trophy” Condos for Sale.

Search Luxury Condos $500K Plus

Search Luxury Condos $1 Million Plus

 

Key Statistics for Buyers / Sellers

  • Prices from $500,000 – $14 Million
  • Median List Price $854,500
    – 3 Bedroom 2 Bathroom Unit
  • Median Square Foot Price $465.00

Luxury Condos
Prices by Bedroom

Here is our market summary report for Fort Lauderdale Luxury condos for sale by median price / bedroom

BEDS/BATHS LA LP$ LP$/SqFt
1 / 1 941 $705,000 $863.00
2 / 2 1650 $742,500 $460.00
3 / 3 2592 $984,450 $434.00
4 / 4 3439 $1,981,492 $536.00

We can see from this report that:

  • The median price for Fort Lauderdale Luxury 1 Bedroom condos for sale is $705,000 – this being for a 1 bedroom 1 bathroom luxury condo unit of 941 square feet with a list price to square foot price of $863.00 – In our last post the median price for Luxury 1 Bedroom condos for sale was lower at $695,000 – this being for a 1 bedroom 1 bathroom luxury condo unit of 1028 square feet with a list price to square foot price of $830.00
  • The median price for Fort Lauderdale Luxury 2 Bedroom condos for sale is $742,500 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1650 square feet with a list price to square foot price of $460.00 – In our last post the median price for Luxury 2 Bedroom condos for sale was over $20,000 less $722,000 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1730 square feet with a list price to square foot price of $449.00
  • The median price for Fort Lauderdale Luxury 3 Bedroom condos for sale is $984,450 – this being for a 3 bedroom 3 bathroom luxury unit of 2592 square feet with a list price to square foot price of $434.00 – In our last post the median for Luxury 3 Bedroom condos for sale was higher at $998,500 – this being for a 3 bedroom 3 bathroom luxury unit of 2906 square feet with a list price to square foot price of $431.00
  • The median price for Fort Lauderdale Luxury 4 Bedroom condos for sale is $1,981,492 – this being for a 4 bedroom 4 bathroom luxury condo unit of 3439 square feet with a list price to square foot price of $536.00 – In our last post the median for Luxury 4 Bedroom condos for sale was $580,000 less at $1,395,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 4150 square feet with a list price to square foot price of $406.00

Note luxury 4 bedroom condo prices are heavily influenced by location – the number of oceanfront units and waterfront units for sale at any one time being two major factors affecting median prices.

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
954-459-0337

Click here to email me now

Luxury Condos
Pricing Analysis

Currently there are 590 luxury condos  for sale in Ft Lauderdale – units that are priced at $500,000 or more 

Inventory levels  are down a little from our June / July post on luxury Fort Lauderdale condos for sale when there were 598 luxury condos for sale which in turn was down from our April / May post when there were 644 luxury condos for sale!

The pricing analysis report for these condos in presented below.

BEDS/BATHS LA LP$
Min 0 / 1 430 $500,000
Max 5 / 7 8788 $13,995,000
Avg 3 / 2 2284 $1,250,584
Median 3 / 2 2116 $854,500

We can see from this report that:

  • The average price for a luxury Fort Lauderdale condo in this price range is $1,250,584 – this being for a 2 bedroom 2 bathroom unit of 2284 square feet.  In our last post the average price for a luxury Fort Lauderdale condo in this price range was lower at $1,182,809 – this being for a 2 bedroom 2 bathroom unit of 2624 square feet.
  • The median price for a luxury Fort Lauderdale condo in this price range is $854,500 – this being for a 3 bedroom 2 bathroom unit of 2116 square feet.  In our last post the median price for a luxury Fort Lauderdale condo in this price range was lower at $849,000 – this being for a 3 bedroom 2 bathroom unit of 2363 square feet.

Luxury Condos
Square Foot Prices

An important guide for Fort Lauderdale luxury condos for sale is the average and median list price to square foot price.

Our market summary report for these is presented below.

LP$/SqFt
Min $166.00
Max $2,022.00
Avg $540.00
Median $465.00

We can see from this report that the:

  • Average list price to square foot price for a luxury Fort Lauderdale condo for sale is $540.00 – well up from $506.00 in our last post!
  • Median list price to square foot price for a luxury Fort Lauderdale condo for sale is $465.00  – also up from $450.00 in our last post!

Note the highest square foot price for a Fort Lauderdale luxury condo for sale at $2,022.00!

View from a luxury Fort Lauderdale condo for sale in Adagio
View from a luxury Fort Lauderdale condo for sale in Adagio

Luxury Condo
Inventory Analysis

The inventory analysis report is a very important and useful tool – for it shows us the breakdown of the inventory for ALL Luxury Fort Lauderdale condos for sale by price brackets or price ranges.

The inventory analysis report is presented below:

Price Range Quantity
$500,000 – $549,999 51
$550,000 – $599,999 50
$600,000 – $699,999 90
$700,000 – $799,999 78
$800,000 – $899,999 56
$900,000 – $999,999 38
$1,000,000 or over 227
Total 590

We can see from this report that the largest concentration of luxury condos for sale are units priced at over $1 Million dollars with 227 condos currently for sale in this price range

This is up a little from 223 luxury condos for sale in our last post!

View Fort Lauderdale luxury oceanfront condos for sale
Aerial view of several Fort Lauderdale luxury oceanfront condos for sale

Luxury Condos
by Bedroom

Here is our guide to Luxury Fort Lauderdale condos for sale by bedroom – we focus in detail on 1 bedroom condos right through to 3 bedrooms units.

Note: Prices for luxury 4 or more bedroom condos here in Fort Lauderdale can vary dramatically – this is a result of factors including: location (as discussed above), the building, building amenities and unit stack and unit condition and/or customization.

Fort Lauderdale Luxury
1 Bedroom Condos

There are currently 23 x 1 bedroom Fort Lauderdale luxury condos for sale – down from 30 units in our last post!

Here is our market report for Luxury Fort Lauderdale 1 bedroom condos currently for sale.

BEDS/BATHS LA LP$
Min 1 / 1 430 $500,000
Max 1 / 2 1662 $2,435,000
Avg 1 / 1 963 $793,062
Median 1 / 1 941 $705,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $793,062– this being for a 1 bedroom 1 bathroom condo of 963 square feet with a list price to square foot price of $860.00.  
  • Median price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $705,000  this being for a 1 bedroom 1 bathroom condo of 941 square feet with a list price to square foot price of $863.00. 

We can also see from this report that the lowest price for a luxury Fort Lauderdale 1 bedroom condo for sale is $500,000 and the highest price is $2,435,000.

Interesting to note is that the smallest luxury 1 bedroom condo for sale is just 430 square feet (these are usually Hotel Condos) and then the largest 1 bedroom condo for sale is a 1,662 square feet.

Fort Lauderdale Luxury
2 Bedroom Condos

There are currently 226 x 2 bedroom Fort Lauderdale luxury condos for sale – this is down from 251 x 2 bedroom condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 2 bedroom condos currently for sale.

BEDS/BATHS LA LP$
Min 2 / 1 957 $500,000
Max 2 / 3 3189 $4,400,000
Avg 2 / 2 1695 $928,902
Median 2 / 2 1650 $742,500

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $928,902 – this being for a 2 bedroom 2 bathroom condo of 1695 square feet with a list price to square foot price of $543.00
  • Median price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $742,500 this being for a 2 bedroom 2 bathroom condo of 1650 square feet with a list price to square foot price of $460.00

We can also see from this report that the lowest price for a 2 bedroom condo for sale is $500,000 and the highest price is $4.4 Million.

Interesting to note is that the smallest luxury 2 bedroom condo for sale is just 957 square feet and the largest luxury 2 bedroom condo for sale is a “generous” 3189 square feet!

Fort Lauderdale Luxury
3 Bedroom Condos

There are currently 294 x 3 bedroom Fort Lauderdale luxury condos for sale – down from 305 units in our last post!

Here is our market report for Luxury Fort Lauderdale 3 bedroom condos currently for sale.

BEDS/BATHS LA LP$
Min 3 / 2 1273 $515,000
Max 3 / 4 5269 $6,695,000
Avg 3 / 3 2595 $1,285,313
Median 3 / 3 2592 $984,450

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,285,313– this being for a 3 bedroom 3 bathroom luxury condo of 2595 square feet with a list price to square foot price of $488.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $984,450 this being for a 3 bedroom 3 bathroom luxury condo of 2592 square feet with a list price to square foot price of $434.00

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $515,000 and the highest price is $6,695,000.

Interesting to note is that the smallest luxury 3 bedroom condo for sale is just 1,273 square feet (typically these are Hotel Condos) and the largest 3 bedroom luxury condo for sale is a “massive” 5269 square feet condo! 

Fort Lauderdale Luxury
4 Bedroom Condos

There are currently 41 x 4 bedroom Fort Lauderdale luxury condos for sale  – up from 34 in our last post!

Here is our market report for Luxury Fort Lauderdale 4 bedroom condos currently for sale.

BEDS/BATHS LA LP$
Min 4 / 3 2020 $595,000
Max 4 / 6 8788 $8,901,000
Avg 4 / 4 3717 $2,405,097
Median 4 / 4 3439 $1,981,492

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 4 bedroom condo currently for sale is $2,405,097 – this being for a 4 bedroom 4 bathroom luxury condo of 3717 square feet with a list price to square foot price of $625.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,981,492  this being for a 4 bedroom 4 bathroom luxury condo of 3439 square feet with a list price to square foot price of $536.00

We can also see from this report that the lowest price for a 4 bedroom condo for sale is $595,000 and the highest price is $8,901,000.

Interesting to note is that the smallest luxury 4 bedroom condo for sale is 2,020 square feet (typically these are Hotel Condos) and the largest 4 bedroom luxury condo for sale is a “substantial” 8788 square feet condo! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fort Lauderdale offers an amazing range of luxury condos for sale – with options from downtown units to Intracoastal units to oceanfront units.

It is great to be able to report that median prices for Fort Lauderdale luxury condos for sale continue to rise….

This after a period of softening prices earlier this year.

Fort Lauderdale has been / is undergoing a surge in new luxury construction – which is great for the city…

However this definitely impacted on median prices!

I hope you have enjoyed my post on Fort Lauderdale luxury condos for Sale 

Kevin Wirth Realtor – 954-459-0337

Luxury Condos

Fort Lauderdale Luxury
& Trophy Condos

Here is our guide to Fort Lauderdale luxury condos for sale for June / July  2017.

Fort Lauderdale with its oceanfront, waterfront and down town areas offers a great range of Luxury Condos & “Trophy” Condos for Sale.

Search Luxury Condos $500K Plus

Search Luxury Condos $1 Million Plus

 

Key Statistics for Buyers / Sellers

  • Prices from $500,000 – $14 Million
  • Median List Price $849,000
    – 3 Bedroom 2 Bathroom Unit
  • Median Square Foot Price $450.00

Luxury Condos
Prices by Bedroom

Here is our market summary report for Fort Lauderdale Luxury condos for sale by median price / bedroom

Beds/Baths SF/FF List Price LP$/SqFt
1 / 1 1,028 $695,000 $830
2 / 2 1,730 $722,000 $449
3 / 3 2,906 $998,500 $431
4 / 4 4,150 $1,395,000 $406

We can see from this report that:

  • The median price for Fort Lauderdale Luxury 1 Bedroom condos for sale is $695,000 – this being for a 1 bedroom 1 bathroom luxury condo unit of 1028 square feet with a list price to square foot price of $830.00 – In our last post the median price for Luxury 1 Bedroom condos for sale was $45,000 higher at $740,000 – this being for a 1 bedroom 1 bathroom luxury condo unit of 985 square feet with a list price to square foot price of $830.00
  • The median price for Fort Lauderdale Luxury 2 Bedroom condos for sale is $722,000 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1730 square feet with a list price to square foot price of $449.00 – In our last post the median price for Luxury 2 Bedroom condos for sale was over $20,000 lower at $699,999 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1687 square feet with a list price to square foot price of $458.00
  • The median price for Fort Lauderdale Luxury 3 Bedroom condos for sale is $998,500 – this being for a 3 bedroom 3 bathroom luxury unit of 2906 square feet with a list price to square foot price of $431.00 – In our last post the median for Luxury 3 Bedroom condos for sale was much the same at $999,000 – this being for a 3 bedroom 3 bathroom luxury unit of 2950 square feet with a list price to square foot price of $432.00
  • The median price for Fort Lauderdale Luxury 4 Bedroom condos for sale is $1,395,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 4150 square feet with a list price to square foot price of $406.00 – In our last post the median for Luxury 4 Bedroom condos for sale was the same at $1,395,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 4075 square feet with a list price to square foot price of $406.00

 

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
954-459-0337

Click here to email me now

Luxury Condos
Pricing Analysis

Currently there are 598 luxury condos  for sale in Ft Lauderdale – units that are priced at $500,000 or more 

Inventory levels  are down a little from our April / May post on luxury Fort Lauderdale condos for sale when there were 644 luxury condos for sale!

The pricing analysis report for these condos in presented below.

 $$ Beds/Baths SF/FF List Price
High 5 / 7 11,567 $13,995,000
Low 0 / 1 430 $500,000
Average 3 / 2 2,624 $1,182,809
Median 3 / 2 2,363 $849,000

We can see from this report that:

  • The average price for a luxury Fort Lauderdale condo in this price range is $1,182,809 – this being for a 2 bedroom 2 bathroom unit of 2624 square feet.  In our last post the average price for a luxury Fort Lauderdale condo in this price range was a little higher at $1,184,127 – this being for a 2 bedroom 2 bathroom unit of 2642 square feet.
  • The median price for a luxury Fort Lauderdale condo in this price range is $849,000 – this being for a 3 bedroom 2 bathroom unit of 2363 square feet.  In our last post the median price for a luxury Fort Lauderdale condo in this price range was $20,000 less at $829,000 – this being for a 3 bedroom 2 bathroom unit of 2395 square feet.

Luxury Condos
Square Foot Prices

An important guide for Fort Lauderdale luxury condos for sale is the average and median list price to square foot price.

Our market summary report for these is presented below.

 $$ LP$/SqFt
High $1,856
Low $166
Average $506
Median $450

We can see from this report that the:

  • Average list price to square foot price for a luxury Fort Lauderdale condo for sale is $506.00 – down a little from $508.00 in our last post!
  • Median list price to square foot price for a luxury Fort Lauderdale condo for sale is $450.00  – also down a little from $452.00 in our last post!

Note the highest square foot price for a Fort Lauderdale luxury condo for sale at $1856.00!

View from luxury Fort Lauderdale penthouse for sale Las Olas Grand
View from luxury Fort Lauderdale penthouse for sale Las Olas Grand

Luxury Condo
Inventory Analysis

The inventory analysis report is a very important and useful tool – for it shows us the breakdown of the inventory for ALL Luxury Fort Lauderdale condos for sale by price brackets or price ranges.

The inventory analysis report is presented below:

Price Range Quantity
$500,000 – $549,999 63
$550,000 – $599,999 49
$600,000 – $699,999 87
$700,000 – $799,999 79
$800,000 – $899,999 61
$900,000 – $999,999 36
$1,000,000 or over 223
Total 598

We can see from this report that the largest concentration of luxury condos for sale are units priced at over $1 Million dollars with 223 condos currently for sale in this price range

This is down a little from 239 luxury condos for sale in our last post and from 242 luxury condos for sale in this price range as in our prior post!

View Fort Lauderdale luxury condos Las Olas
View of Fort Lauderdale luxury condominiums here in down town Las Olas!

Luxury Condos
by Bedroom

Here is our guide to Luxury Fort Lauderdale condos for sale by bedroom – we focus in detail on 1 bedroom condos right through to 3 bedrooms units.

Note: Prices for luxury 4 or more bedroom condos here in Fort Lauderdale can vary dramatically – this is a result of factors including: location, the building, building amenities and unit stack and unit condition and/or customization.

Fort Lauderdale Luxury
1 Bedroom Condos

There are currently 30 x 1 bedroom Fort Lauderdale luxury condos for sale – up from 25 units in our last post!

Here is our market report for Luxury Fort Lauderdale 1 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 1 / 2 1,762 $2,000,000
Low 1 / 1 430 $500,000
Average 1 / 1 1,023 $756,077
Median 1 / 1 1,028 $695,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $756,077– this being for a 1 bedroom 1 bathroom condo of 1023 square feet with a list price to square foot price of $803.00.  
  • Median price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $695,000  this being for a 1 bedroom 1 bathroom condo of 1028 square feet with a list price to square foot price of $830.00. 

We can also see from this report that the lowest price for a luxury Fort Lauderdale 1 bedroom condo for sale is $500,000 and the highest price is $2,000,000.

Interesting to note is that the smallest luxury 1 bedroom condo for sale is just 430 square feet (these are usually Hotel Condos) and then the largest 1 bedroom condo for sale is a 1,762 square feet.

Fort Lauderdale Luxury
2 Bedroom Condos

There are currently 251 x 2 bedroom Fort Lauderdale luxury condos for sale – this is down ever so slightly from 251 x 2 bedroom condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 2 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 2 / 3 5,328 $3,900,000
Low 2 / 2 936 $500,000
Average 2 / 2 1,840 $844,559
Median 2 / 2 1,730 $722,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $844,559 – this being for a 2 bedroom 2 bathroom condo of 1840 square feet with a list price to square foot price of $487.00
  • Median price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $722,000 this being for a 2 bedroom 2 bathroom condo of 1730 square feet with a list price to square foot price of $449.00

We can also see from this report that the lowest price for a 2 bedroom condo for sale is $500,000 and the highest price is $3.9 Million.

Interesting to note is that the smallest luxury 2 bedroom condo for sale is just 936 square feet and the largest luxury 2 bedroom condo for sale is a “massive” 5328 square feet condo – well over five times the size of the smallest unit!

Fort Lauderdale Luxury
3 Bedroom Condos

There are currently 294 x 3 bedroom Fort Lauderdale luxury condos for sale – down from 305 units in our last post!

Here is our market report for Luxury Fort Lauderdale 3 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 3 / 4 7,809 $6,695,000
Low 3 / 2 1,369 $515,000
Average 3 / 3 3,015 $1,278,220
Median 3 / 3 2,906 $998,500

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,278,220– this being for a 3 bedroom 3 bathroom luxury condo of 3015 square feet with a list price to square foot price of $476.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $998,500 this being for a 3 bedroom 3 bathroom luxury condo of 2906 square feet with a list price to square foot price of $431.00

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $500,000 and the highest price is $6,695,000.

Interesting to note is that the smallest luxury 3 bedroom condo for sale is just 1,369 square feet (typically these are Hotel Condos) and the largest 3 bedroom luxury condo for sale is a “massive” 7,809 square feet condo! 

Fort Lauderdale Luxury
4 Bedroom Condos

There are currently 34 x 4 bedroom Fort Lauderdale luxury condos for sale  – well down from 51 in our last post!

Here is our market report for Luxury Fort Lauderdale 4 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 4 / 5 11,497 $12,500,000
Low 4 / 2 2,414 $529,500
Average 4 / 4 5,031 $2,144,149
Median 4 / 4 4,150 $1,395,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 4 bedroom condo currently for sale is $2,144,149 – this being for a 4 bedroom 4 bathroom luxury condo of 5031 square feet with a list price to square foot price of $524.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,395,000  this being for a 4 bedroom 4 bathroom luxury condo of 4150 square feet with a list price to square foot price of $406.00

We can also see from this report that the lowest price for a 4 bedroom condo for sale is $529,500 and the highest price is $12.5 Million.

Interesting to note is that the smallest luxury 4 bedroom condo for sale is 2,414 square feet (typically these are Hotel Condos) and the largest 4 bedroom luxury condo for sale is a “massive” 11,497 square feet condo! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fort Lauderdale offers an amazing range of luxury condos for sale – with options from downtown units to Intracoastal units to oceanfront units.

It is great to be able to report that median prices for Fort Lauderdale luxury condos for sale are back on the rise….

This after a softening of prices earlier this year.

Fort Lauderdale has been / is undergoing a surge in new luxury construction – which is great for the city…

However this has definitely impacted on median prices!

I hope you have enjoyed my post on Fort Lauderdale luxury condos for Sale 

Kevin Wirth Realtor – 954-459-0337

Luxury Condos

Fort Lauderdale Luxury
& Trophy Condos

Here is our guide to Fort Lauderdale luxury condos for sale for April / May 2017.

Fort Lauderdale with its oceanfront, waterfront and down town areas offers a great range of Luxury Condos & “Trophy” Condos for Sale.

Search Luxury Condos $500K Plus

Search Luxury Condos $1 Million Plus

 

Key Statistics for Buyers / Sellers

  • Prices from $500,000 – $14 Million
  • Median List Price $829,000
    – 3 Bedroom 2 Bathroom Unit
  • Median Square Foot Price $452.00

Luxury Condos
Prices by Bedroom

Here is our market summary report for Fort Lauderdale Luxury condos for sale by median price / bedroom

Beds/Baths SF/FF List Price LP$/SqFt
1 / 1 985 $740,000 $830
2 / 2 1,687 $699,999 $458
3 / 3 2,950 $999,000 $432
4 / 4 4,075 $1,395,000 $406

We can see from this report that:

  • The median price for Fort Lauderdale Luxury 1 Bedroom condos for sale is $740,000 – this being for a 1 bedroom 1 bathroom luxury condo unit of 985 square feet with a list price to square foot price of $830.00 – In our last post the median price for Luxury 1 Bedroom condos for sale was over $47,000 less at $692,500 – this being for a 1 bedroom 1 bathroom luxury condo unit of 1028 square feet with a list price to square foot price of $782.00
  • The median price for Fort Lauderdale Luxury 2 Bedroom condos for sale is $699,999 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1687 square feet with a list price to square foot price of $458.00 – In our last post the median price for Luxury 2 Bedroom condos for sale was much the same at $699,450 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1738 square feet with a list price to square foot price of $457.00
  • The median price for Fort Lauderdale Luxury 3 Bedroom condos for sale is $999,000 – this being for a 3 bedroom 3 bathroom luxury unit of 2950 square feet with a list price to square foot price of $432.00 – In our last post the median for Luxury 3 Bedroom condos for sale was $10,000 less at $989,000 – this being for a 3 bedroom 3 bathroom luxury unit of 2906 square feet with a list price to square foot price of $430.00
  • The median price for Fort Lauderdale Luxury 4 Bedroom condos for sale is $1,395,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 4075 square feet with a list price to square foot price of $406.00 – In our last post the median for Luxury 4 Bedroom condos for sale was the same at $1,395,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 4075 square feet with a list price to square foot price of $411.00

 

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
954-459-0337

Click here to email me now

Luxury Condos
Pricing Analysis

Currently there are 644 luxury condos  for sale in Ft Lauderdale – units that are priced at $500,000 or more 

Inventory levels  are down a little from our last post on luxury Fort Lauderdale condos for sale when there were 653 luxury condos for sale!

The pricing analysis report for these condos in presented below.

 $$ Beds/Baths SF/FF List Price
High 5 / 7 11,567 $13,995,000
Low 0 / 1 150 $500,000
Avg 3 / 3 2,642 $1,184,127
Med 3 / 2 2,395 $829,000

We can see from this report that:

  • The average price for a luxury Fort Lauderdale condo in this price range is $1,184,127 – this being for a 2 bedroom 2 bathroom unit of 2642 square feet.  In our last post the average price for a luxury Fort Lauderdale condo in this price range was a little lower at $1,165,709 – this being for a 2 bedroom 2 bathroom unit of 2657 square feet.
  • The median price for a luxury Fort Lauderdale condo in this price range is $829,000 – this being for a 3 bedroom 2 bathroom unit of 2395 square feet.  In our last post the median price for a luxury Fort Lauderdale condo in this price range was lower at $825,000 – this being for a 3 bedroom 2 bathroom unit of 2400 square feet.

Luxury Condos
Square Foot Prices

An important guide for Fort Lauderdale luxury condos for sale is the average and median list price to square foot price.

Our market summary report for these is presented below.

 $$ LP$/SqFt
High $1,856
Low $92
Avg $508
Med $452

We can see from this report that the:

  • Average list price to square foot price for a luxury Fort Lauderdale condo for sale is $508.00 – up a little from $502.00 in our last post!
  • Median list price to square foot price for a luxury Fort Lauderdale condo for sale is $452.00  – also up a little from $451.00 in our last post!

Note the highest square foot price for a Fort Lauderdale luxury condo for sale at $1856.00!

View from a luxury Fort Lauderdale condo for sale on the Intracoastal
View from a luxury Fort Lauderdale condo for sale on the Intracoastal

Luxury Condo
Inventory Analysis

The inventory analysis report is a very important and useful tool – for it shows us the breakdown of the inventory for ALL Luxury Fort Lauderdale condos for sale by price brackets or price ranges.

The inventory analysis report is presented below:

Price Range Quantity
$500,000 – $549,999 61
$550,000 – $599,999 69
$600,000 – $699,999 95
$700,000 – $799,999 82
$800,000 – $899,999 58
$900,000 – $999,999 40
$1,000,000 or over 239
Total 644

We can see from this report that the largest concentration of luxury condos for sale are units priced at over $1 Million dollars with 239 condos currently for sale in this price range – This is down a little from 242 luxury condos for sale in this price range as in our last report!

Note the larger than normal concentration of luxury condos for sale priced between $600,000 – $699,999 and $700,000 – $799,999!

View from a luxury 2 bedroom Fort Lauderdale oceanfront condo for sale in The Ritz Carlton
View from a luxury 2 bedroom Fort Lauderdale oceanfront condo for sale in The Ritz Carlton

Luxury Condos
by Bedroom

Here is our guide to Luxury Fort Lauderdale condos for sale by bedroom – we focus in detail on 1 bedroom condos right through to 3 bedrooms units.

Note: Prices for luxury 4 or more bedroom condos here in Fort Lauderdale can vary dramatically – this is a result of factors including: location, the building, building amenities and unit stack and unit condition and/or customization.

Fort Lauderdale Luxury
1 Bedroom Condos

There are currently 25 x 1 bedroom Fort Lauderdale luxury condos for sale – down from 28 units in our last post!

Here is our market report for Luxury Fort Lauderdale 1 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 1 / 2 1,762 $949,000
Low 1 / 1 430 $515,000
Avg 1 / 1 996 $714,972
Med 1 / 1 985 $740,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $714,972– this being for a 1 bedroom 1 bathroom condo of 996 square feet with a list price to square foot price of $838.00.  
  • Median price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $740,000  this being for a 1 bedroom 1 bathroom condo of 985 square feet with a list price to square foot price of $830.00. 

We can also see from this report that the lowest price for a luxury Fort Lauderdale 1 bedroom condo for sale is $515,000 and the highest price is $949,000.

Interesting to note is that the smallest luxury 1 bedroom condo for sale is just 430 square feet (these are usually Hotel Condos) and then the largest 1 bedroom condo for sale is a 1,762 square feet.

Fort Lauderdale Luxury
2 Bedroom Condos

There are currently 251 x 2 bedroom Fort Lauderdale luxury condos for sale – this is down ever so slightly from 252 x 2 bedroom condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 2 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 2 / 3 5,328 $3,900,000
Low 2 / 2 950 $500,000
Avg 2 / 2 1,803 $822,233
Med 2 / 2 1,687 $699,999

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $822,233 – this being for a 2 bedroom 2 bathroom condo of 1803 square feet with a list price to square foot price of $485.00
  • Median price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $699,999 this being for a 2 bedroom 2 bathroom condo of 1687 square feet with a list price to square foot price of $458.00

We can also see from this report that the lowest price for a 2 bedroom condo for sale is $500,000 and the highest price is $3.9 Million.

Interesting to note is that the smallest luxury 2 bedroom condo for sale is just 936 square feet and the largest luxury 2 bedroom condo for sale is a “massive” 5328 square feet condo – well over five times the size of the smallest unit!

Fort Lauderdale Luxury
3 Bedroom Condos

There are currently 305 x 3 bedroom Fort Lauderdale luxury condos for sale – down from 311 units in our last post!

Here is our market report for Luxury Fort Lauderdale 3 bedroom condos currently for sale.

$$  Beds/Baths SF/FF List Price
High 3 / 4 7,809 $7,995,000
Low 3 / 2 1,369 $500,000
Avg 3 / 3 3,062 $1,273,145
Med 3 / 3 2,950 $999,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,273,145– this being for a 3 bedroom 3 bathroom luxury condo of 3062 square feet with a list price to square foot price of $481.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $999,000 this being for a 3 bedroom 3 bathroom luxury condo of 2950 square feet with a list price to square foot price of $432.00

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $500,000 and the highest price is $7,995,000.

Interesting to note is that the smallest luxury 3 bedroom condo for sale is just 1,369 square feet (typically these are Hotel Condos) and the largest 3 bedroom luxury condo for sale is a “massive” 7,809 square feet condo! 

Fort Lauderdale Luxury
4 Bedroom Condos

There are currently 51 x 4 bedroom Fort Lauderdale luxury condos for sale  – well up from 48 in our last post!

Here is our market report for Luxury Fort Lauderdale 4 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 4 / 5 11,497 $12,500,000
Low 4 / 3 2,402 $545,000
Avg 4 / 4 4,631 $2,070,756
Med 4 / 4 4,075 $1,395,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 4 bedroom condo currently for sale is $2,070,756 – this being for a 4 bedroom 4 bathroom luxury condo of 4631 square feet with a list price to square foot price of $543.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,395,000  this being for a 4 bedroom 4 bathroom luxury condo of 4075 square feet with a list price to square foot price of $406.00

We can also see from this report that the lowest price for a 4 bedroom condo for sale is $545,000 and the highest price is $12.5 Million.

Interesting to note is that the smallest luxury 4 bedroom condo for sale is 2,402 square feet (typically these are Hotel Condos) and the largest 4 bedroom luxury condo for sale is a “massive” 11,497 square feet condo! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fort Lauderdale offers an amazing range of luxury condos for sale – with options from downtown units to Intracoastal units to oceanfront units.

As I outlined in my last 2 posts we have seen a softening in prices for Fort Lauderdale luxury condos for sale…

This is most evident in 3-4 bedroom luxury condos.

One of the reasons for this softening is the increase in new construction luxury 3-4 bedroom condos – which is increasing supply!

Interesting however is that median prices for 1 bedroom luxury condos for sale at $740,000 are now more expensive that 2 bedroom luxury condos at $699,999!

Again this is in my mind reflective of the number and prices of new construction 1 bedroom luxury condo units currently for sale!

I hope you have enjoyed my post on Fort Lauderdale luxury condos for Sale 

Kevin Wirth Realtor – 954-459-0337

Luxury Condos

Fort Lauderdale Luxury
& Trophy Condos

Here is our guide to Fort Lauderdale luxury condos for sale for March / April 2017.

Fort Lauderdale with its oceanfront, waterfront and down town areas offers a great range of Luxury Condos & “Trophy” Condos for Sale.

Search Luxury Condos $500K Plus

Search Luxury Condos $1 Million Plus

 

Key Statistics for Buyers / Sellers

  • Prices from $500,000 – $14 Million
  • Median List Price $825,000
    – 3 Bedroom 2 Bathroom Unit
  • Median Square Foot Price $451.00

Luxury Condos
Prices by Bedroom

Here is our market summary report for Fort Lauderdale Luxury condos for sale by median price / bedroom

Beds/Baths SF/FF List Price LP$/SqFt
1 / 1 1,028 $692,500 $782
2 / 2 1,738 $699,450 $457
3 / 3 2,906 $989,000 $430
4 / 4 4,075 $1,395,000 $411

We can see from this report that:

  • The median price for Fort Lauderdale Luxury 1 Bedroom condos for sale is $692,500 – this being for a 1 bedroom 1 bathroom luxury condo unit of 1028 square feet with a list price to square foot price of $782.00 – In our last post the median price for Luxury 1 Bedroom condos for sale was slightly higher at $695,500 – this being for a 1 bedroom 1 bathroom luxury condo unit of 1037 square feet with a list price to square foot price of $698.00
  • The median price for Fort Lauderdale Luxury 2 Bedroom condos for sale is $699,450 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1738 square feet with a list price to square foot price of $457.00 – In our last post the median price for Luxury 2 Bedroom condos for sale was slightly higher at $704,500 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1782 square feet with a list price to square foot price of $449.00
  • The median price for Fort Lauderdale Luxury 3 Bedroom condos for sale is $989,000 – this being for a 3 bedroom 3 bathroom luxury unit of 2906 square feet with a list price to square foot price of $430.00 – In our last post the median for Luxury 3 Bedroom condos for sale was $14,000 lower at $975,000 – this being for a 3 bedroom 3 bathroom luxury unit of 2906 square feet with a list price to square foot price of $436.00
  • The median price for Fort Lauderdale Luxury 4 Bedroom condos for sale is $1,395,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 4075 square feet with a list price to square foot price of $411.00 – In our last post the median for Luxury 4 Bedroom condos for sale was $105,000 higher at $1,500,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 4150 square feet with a list price to square foot price of $430.00

 

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
954-459-0337

Click here to email me now

Luxury Condos
Pricing Analysis

Currently there are 653 luxury condos  for sale in Ft Lauderdale – units that are priced at $500,000 or more 

Inventory levels  are up from our last post on luxury Fort Lauderdale condos for sale when there were 609 luxury condos for sale!

The pricing analysis report for these condos in presented below.

 $$ Beds/Baths SF/FF List Price
High 5 / 7 11,567 $13,995,000
Low 0 / 1 430 $500,000
Avg 3 / 3 2,657 $1,165,709
Med 3 / 2 2,400 $825,000

We can see from this report that:

  • The average price for a luxury Fort Lauderdale condo in this price range is $1,165,709 – this being for a 2 bedroom 2 bathroom unit of 2657 square feet.  In our last post the average price for a luxury Fort Lauderdale condo in this price range was over $20,000 higher at $1,186,691– this being for a 2 bedroom 2 bathroom unit of 2716 square feet.
  • The median price for a luxury Fort Lauderdale condo in this price range is $825,000 – this being for a 3 bedroom 2 bathroom unit of 2400 square feet.  In our last post the median price for a luxury Fort Lauderdale condo in this price range was $20,000 higher at $845,000 – this being for a 3 bedroom 2 bathroom unit of 2372 square feet.

Luxury Condos
Square Foot Prices

An important guide for Fort Lauderdale luxury condos for sale is the average and median list price to square foot price.

Our market summary report for these is presented below.

 $$ LP$/SqFt
High $1,856
Low $292
Avg $502
Med $451

We can see from this report that the:

  • Average list price to square foot price for a luxury Fort Lauderdale condo for sale is $502.00 – down a little from $502.00 in our last post and $505.00 in our prior post!
  • Median list price to square foot price for a luxury Fort Lauderdale condo for sale is $451.00  – the same as in our last post but down a little from $455.00 in our prior post!

Note the highest square foot price for a Fort Lauderdale luxury condo for sale at $1856.00!

View from a luxury Fort Lauderdale condo for sale here on the oceanfront!
View from a luxury Fort Lauderdale condo for sale here on the oceanfront!

Luxury Condo
Inventory Analysis

The inventory analysis report is a very important and useful tool – for it shows us the breakdown of the inventory for ALL Luxury Fort Lauderdale condos for sale by price brackets or price ranges.

The inventory analysis report is presented below:

Price Range Quantity
$500,000 – $549,999 67
$550,000 – $599,999 70
$600,000 – $699,999 101
$700,000 – $799,999 78
$800,000 – $899,999 61
$900,000 – $999,999 34
$1,000,000 or over 242
Total 653

We can see from this report that the largest concentration of luxury condos for sale are units priced at over $1 Million dollars with 242 condos currently for sale in this price range – This is up from 225 luxury condos for sale in this price range as in our last report!

Note the larger than normal concentration of luxury condos for sale priced between $600,000 – $699,000!

View of luxury Fort Lauderdale condominium - this new construction unit offers a great range of 3-4 bedrooms condos for sale!
View of luxury Fort Lauderdale condominium Riva – this new construction waterfront complex offers a truly great range of 3-4 bedrooms condos for sale!

Luxury Condos
by Bedroom

Here is our guide to Luxury Fort Lauderdale condos for sale by bedroom – we focus in detail on 1 bedroom condos right through to 3 bedrooms units.

Note: Prices for luxury 4 or more bedroom condos here in Fort Lauderdale can vary dramatically – this is a result of factors including: location, the building, building amenities and unit stack and unit condition and/or customization.

Fort Lauderdale Luxury
1 Bedroom Condos

There are currently 28 x 1 bedroom Fort Lauderdale luxury condos for sale – up from 23 units in our last post!

Here is our market report for Luxury Fort Lauderdale 1 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 1 / 2 1,762 $940,000
Low 1 / 1 430 $515,000
Avg 1 / 1 1,030 $696,225
Med 1 / 1 1,028 $692,500

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $696,225– this being for a 1 bedroom 1 bathroom condo of 1030 square feet with a list price to square foot price of $784.00.  
  • Median price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $692,500  this being for a 1 bedroom 1 bathroom condo of 1028 square feet with a list price to square foot price of $782.00. 

We can also see from this report that the lowest price for a luxury Fort Lauderdale 1 bedroom condo for sale is $515,000 and the highest price is $940,000.

Interesting to note is that the smallest luxury 1 bedroom condo for sale is just 430 square feet (these are usually Hotel Condos) and then the largest 1 bedroom condo for sale is a 1,762 square feet.

Fort Lauderdale Luxury
2 Bedroom Condos

There are currently 252 x 2 bedroom Fort Lauderdale luxury condos for sale – this is up a little from 246 x 2 bedroom condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 2 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 2 / 3 5,328 $3,900,000
Low 2 / 2 936 $500,000
Avg 2 / 2 1,836 $827,684
Med 2 / 2 1,738 $699,450

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $827,684 – this being for a 2 bedroom 2 bathroom condo of 1836 square feet with a list price to square foot price of $488.00
  • Median price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $699,450 this being for a 2 bedroom 2 bathroom condo of 1738 square feet with a list price to square foot price of $457.00

We can also see from this report that the lowest price for a 2 bedroom condo for sale is $500,000 and the highest price is $3.9 Million.

Interesting to note is that the smallest luxury 2 bedroom condo for sale is just 936 square feet and the largest luxury 2 bedroom condo for sale is a “massive” 5328 square feet condo – well over five times the size of the smallest unit!

Fort Lauderdale Luxury
3 Bedroom Condos

There are currently 311 x 3 bedroom Fort Lauderdale luxury condos for sale – up from 291 units in our last post!

Here is our market report for Luxury Fort Lauderdale 3 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 3 / 4 7,809 $7,995,000
Low 3 / 2 1,369 $500,000
Avg 3 / 3 3,047 $1,246,639
Med 3 / 3 2,906 $989,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,246,639– this being for a 3 bedroom 3 bathroom luxury condo of 3047 square feet with a list price to square foot price of $471.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $989,000 this being for a 3 bedroom 3 bathroom luxury condo of 2906 square feet with a list price to square foot price of $430.00

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $500,000 and the highest price is $7,995,000.

Interesting to note is that the smallest luxury 3 bedroom condo for sale is just 1,369 square feet (typically these are Hotel Condos) and the largest 3 bedroom luxury condo for sale is a “massive” 7,809 square feet condo! 

Fort Lauderdale Luxury
4 Bedroom Condos

There are currently 48 x 4 bedroom Fort Lauderdale luxury condos for sale  – well up from 37 in our last post!

Here is our market report for Luxury Fort Lauderdale 4 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 4 / 5 11,497 $12,500,000
Low 4 / 3 2,402 $545,000
Avg 4 / 4 4,631 $2,070,756
Med 4 / 4 4,075 $1,395,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 4 bedroom condo currently for sale is $2,070,756 – this being for a 4 bedroom 4 bathroom luxury condo of 4631 square feet with a list price to square foot price of $536.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,395,000  this being for a 4 bedroom 4 bathroom luxury condo of 4075 square feet with a list price to square foot price of $411.00

We can also see from this report that the lowest price for a 4 bedroom condo for sale is $545,000 and the highest price is $12.5 Million.

Interesting to note is that the smallest luxury 4 bedroom condo for sale is 2,402 square feet (typically these are Hotel Condos) and the largest 4 bedroom luxury condo for sale is a “massive” 11,497 square feet condo! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fort Lauderdale offers an amazing range of luxury condos for sale – with options from downtown units to Intracoastal units to oceanfront units.

As I outlined in my last post we have seen a softening in prices for Fort Lauderdale luxury condos for sale…

This is most evident in 3-4 bedroom luxury condos.

One of the reasons for this softening is the increase in new construction luxury 3-4 bedroom condos – which is increasing supply!

On the positive side…

If your looking to buy a luxury Fort Lauderdale condo – then now is a great time, especially if you are looking a 3-4 bedroom units!

I hope you have enjoyed my post on Fort Lauderdale luxury condos for Sale 

Kevin Wirth Realtor – 954-459-0337

Luxury Condos

Fort Lauderdale Luxury
& Trophy Condos

Here is our guide to Fort Lauderdale luxury condos for sale for January / February 2017.

Fort Lauderdale with its oceanfront, waterfront and down town areas offers a great range of Luxury Condos & “Trophy” Condos for Sale.

Search Luxury Condos $500K Plus

Search Luxury Condos $1 Million Plus

 

Key Statistics for Buyers / Sellers

  • Prices from $500,000 – $14 Million
  • Median List Price $845,000
    – 3 Bedroom 2 Bathroom Unit
  • Median Square Foot Price $451.00
View luxury Fort Lauderdale condos for sale - New Construction Units!
View luxury Fort Lauderdale condos for sale – New Construction Units!

Luxury Condos
Prices by Bedroom

Here is our market summary report for Fort Lauderdale Luxury condos for sale by median price / bedroom

Beds/Baths SF/FF List Price LP$/SqFt
1 / 1 1,037 $695,000 $698
2 / 2 1,782 $704,500 $449
3 / 3 2,906 $975,000 $436
4 / 4 4,150 $1,500,000 $430

We can see from this report that:

  • The median price for Fort Lauderdale Luxury 1 Bedroom condos for sale is $695,500 – this being for a 1 bedroom 1 bathroom luxury condo unit of 1037 square feet with a list price to square foot price of $698.00 – In our last post the median price for Luxury 1 Bedroom condos for sale was higher at $722,500 – this being for a 1 bedroom 1 bathroom luxury condo unit of 1162 square feet with a list price to square foot price of $646.00
  • The median price for Fort Lauderdale Luxury 2 Bedroom condos for sale is $704,500 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1782 square feet with a list price to square foot price of $449.00 – In our last post the median price for Luxury 2 Bedroom condos for sale was higher at $725,000 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1738 square feet with a list price to square foot price of $449.00
  • The median price for Fort Lauderdale Luxury 3 Bedroom condos for sale is $975,000 – this being for a 3 bedroom 3 bathroom luxury unit of 2906 square feet with a list price to square foot price of $436.00 – In our last post the median for Luxury 3 Bedroom condos for sale was higher at $995,000 – this being for a 3 bedroom 3 bathroom luxury unit of 2980 square feet with a list price to square foot price of $436.00
  • The median price for Fort Lauderdale Luxury 4 Bedroom condos for sale is $1,500,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 4150 square feet with a list price to square foot price of $430.00 – In our last post the median for Luxury 4 Bedroom condos for sale was higher at $1,772,500 – this being for a 4 bedroom 4 bathroom luxury condo unit of 4075 square feet with a list price to square foot price of $560.00

 

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
954-459-0337

Click here to email me now

Luxury Condos
Pricing Analysis

Currently there are 609 luxury condos  for sale in Ft Lauderdale – units that are priced at $500,000 or more 

Inventory levels for Fort Lauderdale luxury condos for sale are much the same as in our last post when there were 606 luxury Fort Lauderdale condos for sale!

The pricing analysis report for these condos in presented below.

$$  Beds/Baths SF/FF List Price
High 5 / 7 11,567 $13,995,000
Low 0 / 1 750 $500,000
Avg 3 / 2 2,708 $1,186,691
Med 3 / 2 2,372 $845,000

We can see from this report that:

  • The average price for a luxury Fort Lauderdale condo in this price range is $1,186,691– this being for a 2 bedroom 2 bathroom unit of 2716 square feet.  In our last post the average price for a luxury Fort Lauderdale condo in this price range was higher at $1,212,731– this being for a 2 bedroom 2 bathroom unit of 2716 square feet.
  • The median price for a luxury Fort Lauderdale condo in this price range is $845,000 – this being for a 3 bedroom 2 bathroom unit of 2372 square feet.  In our last post the median price for a luxury Fort Lauderdale condo in this price range was higher at $850,000 – this being for a 3 bedroom 2 bathroom unit of 2405 square feet.

Luxury Condos
Square Foot Prices

An important guide for Fort Lauderdale luxury condos for sale is the average and median list price to square foot price.

Our market summary report for these is presented below.

$$  LP$/SqFt
High $1,856
Low $152
Avg $505
Med $451

 

We can see from this report that the:

  • Average list price to square foot price for a luxury Fort Lauderdale condo for sale is $505.00 – down a little from $505.00 in our last post!
  • Median list price to square foot price for a luxury Fort Lauderdale condo for sale is $451.00  – also down a little from $455.00 in our last post!

Note the highest square foot price for a Fort Lauderdale luxury condo for sale at $1856.00!

Pool views from a Fort Lauderdale luxury condo for sale at Las Olas Riverhouse
Pool views from a Fort Lauderdale luxury condo for sale at Las Olas Riverhouse

Luxury Condo
Inventory Analysis

The inventory analysis report is a very important and useful tool – for it shows us the breakdown of the inventory for ALL Luxury Fort Lauderdale condos for sale by price brackets or price ranges.

The inventory analysis report is presented below:

Price Range Quantity
$500,000 – $549,999 55
$550,000 – $599,999 71
$600,000 – $699,999 91
$700,000 – $799,999 66
$800,000 – $899,999 62
$900,000 – $999,999 39
$1,000,000 or over 225
Total 609


We can see from this report that the largest concentration of luxury condos for sale are units priced at over $1 Million dollars with 225 condos currently for sale in this price range –
This is down from 234 luxury condos for sale in this price range as in our last report!

Ocean views from a luxury Fort Lauderdale Hotel condo for sale here in North Beach
Ocean views from a luxury Fort Lauderdale Hotel condo for sale here in North Beach

Luxury Condos
by Bedroom

Here is our guide to Luxury Fort Lauderdale condos for sale by bedroom – we focus in detail on 1 bedroom condos right through to 3 bedrooms units.

Note: Prices for luxury 4 or more bedroom condos here in Fort Lauderdale can vary dramatically – this is a result of factors including: location, the building, building amenities and unit stack and unit condition and/or customization.

Fort Lauderdale Luxury
1 Bedroom Condos

There are currently 23 x 1 bedroom Fort Lauderdale luxury condos for sale – up slightly from 23 units in our last post!

Here is our market report for Luxury Fort Lauderdale 1 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 1 / 2 1,400 $940,000
Low 1 / 1 750 $500,000
Avg 1 / 1 1,089 $718,191
Med 1 / 1 1,037 $695,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $718,191– this being for a 1 bedroom 1 bathroom condo of 1089 square feet with a list price to square foot price of $741.00.  
  • Median price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $695,000  this being for a 1 bedroom 1 bathroom condo of 1037 square feet with a list price to square foot price of $698.00. 

We can also see from this report that the lowest price for a luxury Fort Lauderdale 1 bedroom condo for sale is $500,000 and the highest price is $940,000.

Interesting to note is that the smallest luxury 1 bedroom condo for sale is just 750 square feet (these are usually Hotel Condos) and then the largest 1 bedroom condo for sale is a 1,400 square feet.

Fort Lauderdale Luxury
2 Bedroom Condos

There are currently 246 x 2 bedroom Fort Lauderdale luxury condos for sale – this down a little from 252 x 2 bedroom condos for sale as in our last post!

Here is our market report for Luxury Fort Lauderdale 2 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 2 / 3 5,328 $3,900,000
Low 2 / 1 936 $500,000
Avg 2 / 2 1,859 $827,154
Med 2 / 2 1,782 $704,500

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $827,154 – this being for a 2 bedroom 2 bathroom condo of 1859 square feet with a list price to square foot price of $488.00
  • Median price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $704,500 this being for a 2 bedroom 2 bathroom condo of 1782 square feet with a list price to square foot price of $449.00

We can also see from this report that the lowest price for a 2 bedroom condo for sale is $500,000 and the highest price is $3.9 Million.

Interesting to note is that the smallest luxury 2 bedroom condo for sale is just 936 square feet and the largest luxury 2 bedroom condo for sale is a “massive” 5328 square feet condo – well over five times the size of the smallest unit!

Fort Lauderdale Luxury
3 Bedroom Condos

There are currently 291 x 3 bedroom Fort Lauderdale luxury condos for sale – up from 281 units in our last post!

Here is our market report for Luxury Fort Lauderdale 3 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 3 / 4 7,809 $5,995,000
Low 3 / 2 1,457 $500,000
Avg 3 / 3 3,048 $1,245,463
Med 3 / 3 2,906 $975,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,245,463– this being for a 3 bedroom 3 bathroom luxury condo of 3048 square feet with a list price to square foot price of $475.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $975,000 this being for a 3 bedroom 3 bathroom luxury condo of 2906 square feet with a list price to square foot price of $436.00

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $500,000 and the highest price is $5,995,000.

Interesting to note is that the smallest luxury 3 bedroom condo for sale is just 1,457 square feet (typically these are Hotel Condos) and the largest 3 bedroom luxury condo for sale is a “massive” 7,809 square feet condo! 

Fort Lauderdale Luxury
4 Bedroom Condos

There are currently 37 x 4 bedroom Fort Lauderdale luxury condos for sale  – down ever so slightly from 38 in our last post!

Here is our market report for Luxury Fort Lauderdale 4 bedroom condos currently for sale.

$$  Beds/Baths SF/FF List Price
High 4 / 5 11,497 $12,500,000
Low 4 / 3 2,280 $549,500
Avg 4 / 4 4,958 $2,513,195
Med 4 / 4 4,150 $1,500,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 4 bedroom condo currently for sale is $2,513,195 – this being for a 4 bedroom 4 bathroom luxury condo of 4958 square feet with a list price to square foot price of $600.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,500,000  this being for a 4 bedroom 4 bathroom luxury condo of 4150 square feet with a list price to square foot price of $430.00

We can also see from this report that the lowest price for a 4 bedroom condo for sale is $549,500 and the highest price is $12.5 Million.

Interesting to note is that the smallest luxury 4 bedroom condo for sale is 2,280 square feet (typically these are Hotel Condos) and the largest 4 bedroom luxury condo for sale is a “massive” 11,497 square feet condo! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fort Lauderdale offers an amazing range of luxury condos for sale – with options from downtown units to Intracoastal units to oceanfront units.

 

We have seen a softening in prices for Fort Lauderdale luxury condos for sale overall all and by bedroom.

This in my mind is a reflection of recent events including a strong US dollar and the elections.

Now that the elections are almost behind us and we are entering into season I am expecting to see a surge in sales activity and prices!

I hope you have enjoyed my post on Fort Lauderdale luxury condos for Sale 

Kevin Wirth Realtor – 954-459-0337