All posts by Kevin Wirth

Oceanfront Condos

Fort Lauderdale
Oceanfront Condos

We have a great range of Fort Lauderdale oceanfront condos for sale.  Oceanfront Condos are set on or across from our Blue Ribbon Beaches and enjoy warm sunny weather year round.  

Fort Lauderdale offers both oceanfront condos and direct oceanfront condos for sale.  Direct oceanfront condos are units set right on the beach.

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Key Statistics for Buyers / Sellers

      • Prices from $160,000 – $9 Million
      • Median List Price $579,900
        – 2 Bedroom 2 Bathroom Unit
View from a 3 bedroom Fort Lauderdale oceanfront condo for sale
View from a 3 bedroom Fort Lauderdale oceanfront condo for sale

Oceanfront Condos
Prices by Bedroom

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

Beds/Baths SF/FF List Price LP$/SqFt
0 / 1 533 $252,500 $530
1 / 1 1,044 $339,900 $352
2 / 2 1,656 $599,000 $383
3 / 2 2,598 $1,499,990 $610

We can see from this report that:

      • The median price for Fort Lauderdale Oceanfront studios for sale is $252,500 – this being for a studio unit of 533 square feet unit with 1 bathroom – and a list price to square foot price of $530.00 – In our last post the median price for Oceanfront studios for sale was higher at $258,000 – this being for a studio unit of 558 square feet unit with 1 bathroom – and a list price to square foot price of $530.00
      • The median price for Fort Lauderdale Oceanfront 1 Bedroom condos for sale is $339,900this being for a 1 bedroom 1 bathroom condo unit of 1044 square feet with a list price to square foot price of $352.00 – In our last post the median for Oceanfront 1 Bedroom condos for sale was much the same at $339,000 – this being for a 1 bedroom 1 bathroom condo unit of 1035 square feet with a list price to square foot price of $356.00
      • The median price for Fort Lauderdale Oceanfront 2 Bedroom condos for sale is $599,000this being for a 2 bedroom 2 bathroom condo unit of 1656 square feet with a list price to square foot price of $383.00 – In our last post the median for  Oceanfront 2 Bedroom condos for sale was the same at $599,000 – this being for a 2 bedroom 2 bathroom condo unit of 1656 square feet with a list price to square foot price of $386.00
      • The median price for Fort Lauderdale Oceanfront 3 Bedroom condos for sale is $1,499,990 – this being for a 3 bedroom 2 bathroom unit of 2598 square feet with a list price to square foot price of $610.00 – In our last post the median for Oceanfront 3 Bedroom condos for sale was $1,435,000 – this being for a 3 bedroom 2 bathroom unit of 2611 square feet with a list price to square foot price of $601.00

Kevin Wirth Fort Lauderdale Realtor

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Kevin Wirth – Realtor
954-459-0337

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Oceanfront Condos
Pricing Analysis

There are currently 1500 Fort Lauderdale condos for sale – of these 343 are Fort Lauderdale oceanfront condos for sale. 

In our last post for November / December 2016 there were 341 Fort Lauderdale Oceanfront condos for sale and in our prior post there were 321 Oceanfront condos for sale.

Our Market Analysis report for Fort Lauderdale Oceanfront Condos for Sale is presented below:

 $$ Beds/Baths SF/FF List Price
High 5 / 5 11,567 $9,000,000
Low 0 / 1 280 $160,000
Avg 2 / 2 1,842 $900,141
Med 2 / 2 1,598 $579,900

We can see from this report that:

The average price for an oceanfront condo is $900,141 – this being for a luxury 2 bedroom 2 bathroom unit of 1598 square feet

The median price for an Fort Lauderdale oceanfront condo for sale here $579,900 – this for a 2 bedroom 2 bathroom unit of 1598 square feet! 

In our last post the  median price for an Fort Lauderdale oceanfront condo for sale was $10,000 higher at $589,900 – this for a 2 bedroom 2 bathroom unit of 1650 square feet!

View of Fort Lauderdale Oceanfront condos
View of Fort Lauderdale Oceanfront condos

Oceanfront Condos
Inventory Analysis

The Inventory Analysis report is one of the most important reports – as it shows us the number of units for sale across different price ranges.

The Price Analysis report for Fort Lauderdale Oceanfront Condos is presented below:

Price Range Quantity
$149,999 or under 0
$150,000 – $199,999 7
$200,000 – $249,999 16
$250,000 – $299,999 29
$300,000 – $349,999 24
$350,000 – $399,999 24
$400,000 – $449,999 12
$450,000 – $499,999 24
$500,000 – $549,999 19
$550,000 – $599,999 28
$600,000 – $699,999 33
$700,000 – $799,999 22
$800,000 – $899,999 16
$900,000 – $999,999 12
$1,000,000 or over 77
Total 343

We can see from this report that the largest number of oceanfront condos for sale are luxury units priced at $1 Million or more – with 77 units for sale.

This is down from 82 luxury oceanfront condos for sale priced at $1 Million or more as in our last post.

Also important to note however is that there is a good selection  of units across nearly all price points especially from $250,000 upwards! 

View of a Fort Lauderdale oceanfront condo for sale in Coconut Grove
View of a Fort Lauderdale oceanfront condo for sale in Coconut Grove

Oceanfront Condos
by Bedroom

Here is our indepth guide to Fort Lauderdale oceanfront condos for sale by bedroom – we focus in greater detail on pricing for studio units right through to 3 bedrooms oceanfront units.

Oceanfront
Studios for Sale

There are currently 27 x oceanfront studio units currently for sale here in Fort Lauderdale – this is up a little from 25 oceanfront studios for sale in our last post!

Here is our market analysis report for Fort Lauderdale oceanfront studios currently for sale.

 $$ Beds/Baths SF/FF List Price
High 0 / 1 665 $602,900
Low 0 / 1 280 $185,900
Avg 0 / 1 508 $267,740
Med 0 / 1 533 $252,500

We can see from this report that the:

      • Average price for a Fort Lauderdale oceanfront studio currently for sale is $267,740– this being for a unit of 514 square feet with a list price to square foot price of $565.00.  In our last post the average price for a Fort Lauderdale oceanfront studio for sale was much the same at $267,040 – this being for a unit of 514 square feet with a list price to square foot price of $537.00.
      • Median price for a Fort Lauderdale oceanfront studio currently for sale is $252,500 this being for a unit of 533 square feet with a list price to square foot price of $530.00.  In our last post the median price for a Fort Lauderdale oceanfront studio for sale was higher at $258,000– this being for a unit of 558 square feet with a list price to square foot price of $512.00.

We can also see from this report that the lowest price for a oceanfront studio for sale is $185,900 and the highest price it $602,900.

Interesting to note is that the smallest oceanfront studio for sale is just 280 square feet and the largest studio for sale is 665 square feet.

Oceanfront
1 Bedroom Condos

There are currently 87 x 1 bedroom oceanfront condos currently for sale here in Fort Lauderdale – this is up slightly from 86 x 1 bedroom oceanfront condos for sale as in our last post!

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

 $$ Beds/Baths SF/FF List Price
High 1 / 2 1,475 $885,900
Low 1 / 1 533 $160,000
Avg 1 / 1 1,032 $405,942
Med 1 / 1 1,044 $339,900

We can see from this report that the:

      • Average price for a Fort Lauderdale 1 bedroom oceanfront condo currently for sale is $405,942 – this being for a 1 bedroom 1 bathroom condo of 1032 square feet with a list price to square foot price of $430.00.  In our last post the average price for a Fort Lauderdale 1 bedroom oceanfront condo for sale was a little higher at $407,170 – this being for a 1 bedroom 1 bathroom condo of 1016 square feet with a list price to square foot price of $433.00.
      • Median price for a Fort Lauderdale 1 bedroom oceanfront condo currently for sale is $339,900 this being for a 1 bedroom 1 bathroom condo of 1044 square feet with a list price to square foot price of $352.00.  In our last post the median for a Fort Lauderdale 1 bedroom oceanfront condo for sale was much the same at $339,000 – this being for a 1 bedroom 1 bathroom condo of 1035 square feet with a list price to square foot price of $356.00.

We can also see from this report that the lowest price for a 1 bedroom oceanfront condo for sale is $160,000 and the highest price is $885,900.

Interesting to note is that the smallest 1 bedroom oceanfront condo for sale is 533 square feet and the largest 1 bedroom oceanfront condo for sale is a very “generous” 1475 square feet.

Oceeanfront
2 Bedroom Condos

There are currently 158 x 2 Bedroom oceanfront condos currently for sale here in Fort Lauderdale – this is the same number of 2 bedroom oceanfront condos for sale as in our prior post!

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

$$  Beds/Baths SF/FF List Price
High 2 / 3 3,277 $3,900,000
Low 2 / 1 936 $285,000
Avg 2 / 2 1,705 $740,868
Med 2 / 2 1,656 $599,000

We can see from this report that the:

      • Average price for a Fort Lauderdale 2 bedroom oceanfront condos currently for sale is $740,868 – this being for a 2 bedroom 2 bathroom condo of 1705 square feet with a list price to square foot price of $469.00.  In our last post the average price for a Fort Lauderdale 2 bedroom oceanfront condos for sale was almost $15,000 higher at $755,485 – this being for a 2 bedroom 2 bathroom condo of 1716 square feet with a list price to square foot price of $476.00.
      • Median price for a Fort Lauderdale 2 bedroom oceanfront condos currently for sale is $599,000 this being for a 2 bedroom 2 bathroom condo of 1656 square feet with a list price to square foot price of $383.00.  In our last post the median price for a Fort Lauderdale 2 bedroom oceanfront condos for sale was the same at $599,000 – this being for a 2 bedroom 2 bathroom condo of 1656 square feet with a list price to square foot price of $386.00

We can also see from this report that the lowest price for a 2 bedroom oceanfront condo for sale is $285,000 and the highest price for a 2 bedroom unit is $3.9 Million!

Interesting to note is that the smallest 2 bedroom oceanfront condo for sale is just 936 square feet and the largest 2 bedroom oceanfront condo for sale is a 3277 square feet condo!

Oceanfront
3 Bedroom Condos

There are currently 61 x 3 Bedroom oceanfront condos currently for sale here in Fort Lauderdale – up slightly from 59 x 3 bedroom oceanfront condos for sale as in our last post!

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

$$  Beds/Baths SF/FF List Price
High 3 / 4 7,809 $5,800,000
Low 3 / 2 1,630 $529,000
Avg 3 / 3 2,935 $1,719,369
Med 3 / 2 2,598 $1,499,990

We can see from this report that the:

      • Average price for a Fort Lauderdale 3 bedroom oceanfront  condo currently for sale is $1,719,369 – this being for a 3 bedroom 3 bathroom luxury oceanfront condo of 2935 square feet with a list price to square foot price of $660.00.  In our last post the average price for a Fort Lauderdale 3 bedroom oceanfront condo for sale was over $9,000 lower at $1,710,297 – this being for a 3 bedroom 3 bathroom luxury oceanfront condo of 2969 square feet with a list price to square foot price of $653.00.
      • Median price for a Fort Lauderdale 3 bedroom oceanfront condo currently for sale is $1,499,990 this being for a 3 bedroom 3 bathroom luxury oceanfront condo of 2611 square feet with a list price to square foot price of $601.00.  In our last post the median price for a Fort Lauderdale 3 bedroom oceanfront condo currently for sale was almost $65,000 less at $1,435,000 – this being for a 3 bedroom 3 bathroom luxury oceanfront condo of 2611 square feet with a list price to square foot price of $601.00.

We can also see from this report that the lowest price for a 3 bedroom oceanfront condo for sale is $529,000 and the highest price condo is a luxury unit priced at just under $6 Million.

Interesting to note is that the smallest 3 bedroom oceanfront condo for sale is just 1,630 square feet and the largest 3 bedroom luxury oceanfront condo for sale is a “very spacious” 7,809 square feet condo! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fort Lauderdale is all about beach and the ocean, so naturally we have a fantastic range of Fort Lauderdale Oceanfront condos for sale – with prices for almost all budgets.

Median prices for Fort Lauderdale Oceanfront condos for sale remain soft as we enter 2017 – with median prices down by $10,000 to $579,900!

A few factors have in my mind have been influencing Oceanfront condo prices – these include:

  • The Canadian Dollar at much lowers levels to the USA dollar – which impacts on Canadian Buyers
  • The recent US election – which placed some uncertainty in our market

I am personally confident however that both median prices and sales of Fort Lauderdale oceanfront condos will both pick up over the next few months!

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

Kevin Wirth Realtor – 954-459-0337

Southpoint Condos

Southpoint Condos
Fort Lauderdale

Welcome to our May / June 2016 post on Southpoint condos for sale here in Fort Lauderdale Florida.

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Southpoint is a direct oceanfront condominium of two separate towers set right on the beachfront here in Galt Ocean Mile.

The condominium also has 2 separate postal addresses 3400 & 3410 Galt Ocean Drive here in Fort Lauderdale

There are currently 21 x Fort Lauderdale condos for sale in Southpoint on Galt Ocean Mile – 2 of which is are new listings.

There have been 5 closed sales in the complex in the last 6 months.

In this post we discuss units for sale, new listings, pending sales and also recent sales prices, sales prices by bedroom & sales prices per sq ft. 

We also discuss how long units are taking to sell (called days on market) – and how much buyers are paying for units (sales prices to list price %) as well as the highest prices paid for units over the last 6 months!

We also compare recent sales trends in Southpoint – Important information for both buyers and sellers!

Continue reading Southpoint Condos

Commodore Condos

The Commodore
Fort Lauderdale

Welcome to our May / June 2016 post on The Commodore condos for sale.

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Fort Lauderdale condos for sale here in the Commodore offer direct oceanfront units set right on the beach here on the famous Galt Ocean Mile.

There are currently 9 condo units for sale in Commodore – 1 of which is new listings 

7 units have been sold over the last 6 months.

In this post we discuss units for sale, new listings, pending sales and also recent sales prices, sales prices by bedroom & sales prices per sq ft. 

We also discuss how long units are taking to sell (called days on market) – and how much buyers are paying for units (sales prices to list price %) as well as the highest prices paid for units over the last 6 months!

We also compare recent sales trends in Commodore – Important information for both buyers and sellers!

Continue reading Commodore Condos