View of luxury L'Hermitage Fort Laudedale condos for sale - 3100 N Ocean Blvd Fort Lauderdale FL

Luxury Condos

Fort Lauderdale Luxury
& Trophy Condos

Here is our guide to Fort Lauderdale luxury condos for sale for April 2019 / May 2019.

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 $875,000 – down from our last post!
    – 3 Bedroom 2 Bathroom Unit
  • Median Square Foot Price $488.00
View luxury Fort Lauderdale new construction condo for sale - Auberge
View luxury Fort Lauderdale – BRAND NEW – new construction condo for sale – in Auberge

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 / 1 911 $679,500 $734.00
2 / 2 1,635 $774,200 $479.00
3 / 3 2,372 $1,082,498 $464.00
4 / 4 3,370 $1,232,000 $389.00

We can see from this report that:

  • The median price for Fort Lauderdale Luxury 1 Bedroom condos for sale is $679,500 – this being for a 1 bedroom 1 bathroom luxury condo unit of 911 square feet with a list price to square foot price of $734.00 – In our last post the median price for Luxury 1 Bedroom condos for sale was higher at $707,000 – this being for a 1 bedroom 1 bathroom luxury condo unit of 902 square feet with a list price to square foot price of $793.00
  • The median price for Fort Lauderdale Luxury 2 Bedroom condos for sale is $774,200 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1635 square feet with a list price to square foot price of $479.00 – In our last post the median price for Luxury 2 Bedroom condos for sale was lower at $759,500 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1615 square feet with a list price to square foot price of $468.00
  • The median price for Fort Lauderdale Luxury 3 Bedroom condos for sale is $1,082,498 – this being for a 3 bedroom 3 bathroom luxury unit of 2372 square feet with a list price to square foot price of $464.00 – In our last post the median for Luxury 3 Bedroom condos for sale was higher at $1,100,000 – this being for a 3 bedroom 3 bathroom luxury unit of 2407 square feet with a list price to square foot price of $474.00
  • The median price for Fort Lauderdale Luxury 4 Bedroom condos for sale is $1,232,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 3370 square feet with a list price to square foot price of $389.00 – In our last post the median for Luxury 4 Bedroom condos for sale was much higher at $1,849,000 – this being for a 4 bedroom 4 bathroom luxury condo unit of 3469 square feet with a list price to square foot price of $542.00

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?
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Kevin Wirth P.A.  – Realtor
954-459-0337

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Luxury Condos
Pricing Analysis

Currently there are 679 luxury condos  for sale in Ft Lauderdale – units that are priced at $500,000 or more – down from our last post!

Inventory levels  are up a little from our December 2018 / January 2019 post when there were 662 Fort Lauderdale luxury condos for sale!

The pricing analysis report for these 679 luxury condos for sale is presented below.

BEDS / BATHS LA LP$
Min 0 / 1 451 $500,000
Max 6 / 7 8,788 $11,000,000
Avg 3 / 2 2,159 $1,256,102
Median 3 / 2 2,003 $875,000

We can see from this report that:

  • The average price for a luxury Fort Lauderdale condo in this price range is $1,256,102 – this being for a 2 bedroom 2 bathroom unit of 2159 square feet. In our last post the average price for a luxury Fort Lauderdale condo in this price range was a little higher at $1,282,827 – this being for a 2 bedroom 2 bathroom unit of 2132 square feet.
  • The median price for a luxury Fort Lauderdale condo in this price range is $875,000 – this being for a 3 bedroom 2 bathroom unit of 2003 square feet. In our last post the median price for a luxury Fort Lauderdale condo in this price range was also a little higher at $879,270 – this being for a 3 bedroom 2 bathroom unit of 1937 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 $142.00
Max $2,712.00
Avg $570.00
Median $488.00

We can see from this report that the:

  • Average list price to square foot price for a luxury Fort Lauderdale condo for sale is $570.00 – down from $584.00 in our last post and $572.00 in our prior post!
  • Median list price to square foot price for a luxury Fort Lauderdale condo for sale is $488.00  – up from $473.00 in our last post and $479.00 in our prior 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
Look at the views from this luxury 3 bedroom Fort Lauderdale oceanfront condo for sale – Wow!

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 71
$550,000 – $599,999 60
$600,000 – $699,999 91
$700,000 – $799,999 87
$800,000 – $899,999 60
$900,000 – $999,999 39
$1 Million – $2 Million 184
Over $2 Million 87
Total 679

We can see from this report that by far the largest concentration of Fort Lauderdale luxury condos for sale are units priced between $1 Million – $2 Million dollars with 184 condos currently for sale in this price range – up ever so slightly from the 183 luxury condo for sale in this price range as in our last post!

View 3 bedroom luxury Fort Lauderdale waterfront condo for sale
Superb sunset views from this 3 bedroom luxury Fort Lauderdale waterfront condo 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 40 x 1 bedroom Fort Lauderdale luxury condos for sale – this is up a little from the 38 x luxury 1 bedroom 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 / 1 567 $519,000
Max 1 / 2 1,667 $1,850,000
Avg 1 / 1 1,002 $725,986
Median 1 / 1 911 $679,500

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $726,926 – this being for a 1 bedroom 1 bathroom condo of 1002 square feet with a list price to square foot price of $761.00.  
  • Median price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $679,500 this being for a 1 bedroom 1 bathroom condo of 911 square feet with a list price to square foot price of $734.00. 

We can also see from this report that the lowest price for a luxury Fort Lauderdale 1 bedroom condo for sale is $519,000 and the highest price is $1,850,000.

Interesting to note is that the smallest luxury 1 bedroom condo for sale is just 567 square feet (these are usually Hotel Condos) and then the largest 1 bedroom condo for sale is a 1667 square feet.

Fort Lauderdale Luxury
2 Bedroom Condos

There are currently 271 x 2 bedroom Fort Lauderdale luxury condos for sale – this is down from the 284 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 / 2 605 $500,000
Max 2 / 2 3,189 $5,495,999
Avg 2 / 2 1,673 $942,721
Median 2 / 2 1,635 $774,200

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $942,721 – this being for a 2 bedroom 2 bathroom condo of 1673 square feet with a list price to square foot price of $559.00
  • Median price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $774,200 this being for a 2 bedroom 2 bathroom condo of 1635 square feet with a list price to square foot price of $479.00

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 $5,495,999.

Interesting to note is that the smallest luxury 2 bedroom condo for sale is just 605 square feet and the largest luxury 2 bedroom condo for sale is a “sizable” 3189 square feet!

Fort Lauderdale Luxury
3 Bedroom Condos

There are currently 302 x 3 bedroom Fort Lauderdale luxury condos for sale – well up from the 287 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 1,172 $500,000
Max 3 / 5 4,707 $11,000,000
Avg 3 / 3 2,468 $1,383,893
Median 3 / 3 2,372 $1,082,498

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,383,893– this being for a 3 bedroom 3 bathroom luxury condo of 2468 square feet with a list price to square foot price of $537.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,082,498 this being for a 3 bedroom 3 bathroom luxury condo of 2372 square feet with a list price to square foot price of $464.00

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 Million!

Interesting to note is that the smallest luxury 3 bedroom condo for sale is just 1,172 square feet (typically these are Hotel Condos) and the largest 3 bedroom luxury condo for sale is another “very sizable” unit of 4707 square feet condo! 

Fort Lauderdale Luxury
4 Bedroom Condos

There are currently 52 x 4 bedroom Fort Lauderdale luxury condos for sale  – this is up from 42 luxury 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 / 2 1,632 $500,000
Max 4 / 6 7,638 $8,800,000
Avg 4 / 4 3,505 $2,271,933
Median 4 / 4 3,370 $1,232,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 4 bedroom condo currently for sale is $2,271,933 – this being for a 4 bedroom 4 bathroom luxury condo of 3505 square feet with a list price to square foot price of $605.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,232,000 this being for a 4 bedroom 4 bathroom luxury condo of 3370 square feet with a list price to square foot price of $389.00

We can also see from this report that the lowest price for a 4 bedroom condo for sale is $500,000 and the highest price is $8,800,000.

Interesting to note is that the smallest luxury 4 bedroom condo for sale is 1632 square feet (typically these are Hotel Condos) and the largest 4 bedroom luxury condo for sale is a “massive” 7638 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.

I am also very pleased to report that there are – “BRAND NEW” – new construction units currently for sale too!

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

Kevin Wirth P.A. Realtor – 954-459-0337

This statistical report on comparable Fort Lauderdale condos includes listing content from the MLS compilation and statistical MLS data – this data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. 

This report is based on information which is the © 2019 Realtors of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service Inc.