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 December 2018 / January 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 $879,270 – up from our last 2 posts!
    – 3 Bedroom 2 Bathroom Unit
  • Median Square Foot Price $485.00 – also up!
View luxury Fort Lauderdale oceanfront condo for sale
Look at the amazing views from this luxury Fort Lauderdale oceanfront condo for sale

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 / 1 902 $707,000 $793.00
2 / 2 1,615 $759,500 $468.00
3 / 3 2,407 $1,100,000 $474.00
4 / 4 3,469 $1,849,000 $542.00

We can see from this report that:

  • The median price for Fort Lauderdale Luxury 1 Bedroom condos for sale is $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 – In our last post the median price for Luxury 1 Bedroom condos for sale was higher at $715,000 – this being for a 1 bedroom 1 bathroom luxury condo unit of 918 square feet with a list price to square foot price of $767.00
  • The median price for Fort Lauderdale Luxury 2 Bedroom condos for sale is $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 – In our last post the median price for Luxury 2 Bedroom condos for sale was higher at $794,950 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1630 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 $1,100,000 – 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 – In our last post the median for Luxury 3 Bedroom condos for sale was lower at $1,075,000 – this being for a 3 bedroom 3 bathroom luxury unit of 2432 square feet with a list price to square foot price of $449.00
  • The median price for Fort Lauderdale Luxury 4 Bedroom condos for sale is $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 – In our last post the median for Luxury 4 Bedroom condos for sale was lower at $1,525,000 – this being for a 4 bedroom 3 bathroom luxury condo unit of 3285 square feet with a list price to square foot price of $479.00

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

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

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Luxury Condos
Pricing Analysis

Currently there are 662 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 from our October / November 2018 post when there were 586 Fort Lauderdale luxury condos for sale!

The pricing analysis report for these 662 luxury condos for sale is presented below.

#BEDS LA LP$
Min 0 / 1 451 $500,000
Max 6 / 7 8,788 $11,000,000
Avg 3 / 2 2,132 $1,282,827
Median 3 / 2 1,937 $879,270

We can see from this report that:

  • The average price for a luxury Fort Lauderdale condo in this price range is $1,282,827 – this being for a 2 bedroom 2 bathroom unit of 2132 square feet.  In our last post the average price for a luxury Fort Lauderdale condo in this price range was a little higher at $1,284,242 – this being for a 2 bedroom 2 bathroom unit of 2143 square feet.
  • The median price for a luxury Fort Lauderdale condo in this price range is $879,270 – this being for a 3 bedroom 2 bathroom unit of 1937 square feet.  In our last post the median price for a luxury Fort Lauderdale condo in this price range was lower at $869,000 – 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 $172.00
Max $2,712.00
Avg $584.00
Median $485.00

We can see from this report that the:

  • Average list price to square foot price for a luxury Fort Lauderdale condo for sale is $584.00 – up 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 $473.00  – 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 waterfront condo for sale
Intracoastal views from a 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 67
$550,000 – $599,999 59
$600,000 – $699,999 99
$700,000 – $799,999 72
$800,000 – $899,999 53
$900,000 – $999,999 43
$1 Million – $2 Million 183
Over $2 Million 86
Total 662

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 183 condos currently for sale in this price range – up from 158 luxury condo for sale in this price range as in our last post!

View luxury 2 bedroom Fort Lauderdale condo for sale Galt Ocean Mile!
View luxury 2 bedroom Fort Lauderdale condo for sale Galt Ocean Mile!

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 38 x 1 bedroom Fort Lauderdale luxury condos for sale – this is down from the 42 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 / 1 613 $515,000
Max 1 / 2 1,667 $1,150,000
Avg 1 / 1 975 $726,926
Median 1 / 1 902 $707,000

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 975 square feet with a list price to square foot price of $778.00.  
  • Median price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $707,000  this being for a 1 bedroom 1 bathroom condo of 902 square feet with a list price to square foot price of $793.00. 

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 $1,150,000.

Interesting to note is that the smallest luxury 1 bedroom condo for sale is just 613 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 284 x 2 bedroom Fort Lauderdale luxury condos for sale – this is well up from the 240 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 / 3 3,833 $4,250,000
Avg 2 / 2 1,661 $939,352
Median 2 / 2 1,615 $759,500

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $939,352 – this being for a 2 bedroom 2 bathroom condo of 1661 square feet with a list price to square foot price of $567.00
  • Median price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $759,500 this being for a 2 bedroom 2 bathroom condo of 1615 square feet with a list price to square foot price of $469.00

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 $4,250,000.

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” 3833 square feet!

Fort Lauderdale Luxury
3 Bedroom Condos

There are currently 287 x 3 bedroom Fort Lauderdale luxury condos for sale – well up from the 253 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 5,973 $11,000,000
Avg 3 / 3 2,483 $1,441,827
Median 3 / 3 2,407 $1,100,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,441,827– this being for a 3 bedroom 3 bathroom luxury condo of 2483 square feet with a list price to square foot price of $551.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,100,000  this being for a 3 bedroom 3 bathroom luxury condo of 2407 square feet with a list price to square foot price of $474.00

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 5973 square feet condo! 

Fort Lauderdale Luxury
4 Bedroom Condos

There are currently 42 x 4 bedroom Fort Lauderdale luxury condos for sale  – this is the same number of 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 2,011 $549,000
Max 4 / 6 7,638 $7,700,000
Avg 4 / 4 3,660 $2,540,268
Median 4 / 4 3,469 $1,849,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 4 bedroom condo currently for sale is $2,540,268 – this being for a 4 bedroom 4 bathroom luxury condo of 3660 square feet with a list price to square foot price of $664.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,849,000  this being for a 4 bedroom 4 bathroom luxury condo of 3469 square feet with a list price to square foot price of $542.00

We can also see from this report that the lowest price for a 4 bedroom condo for sale is $549,000 and the highest price is $7,700,000.

Interesting to note is that the smallest luxury 4 bedroom condo for sale is 2011 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 very pleased to report that median prices overall are up from our last 2 posts – having been soft for several months earlier this year!

It is also great to see some really superb condos among the units currently for sale –  including several “stunning” penthouse units and many new construction units!

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

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