Beach views from a Fort Lauderdale oceanfront condo for sale in Playa del Mar

Oceanfront Condos

Fort Lauderdale
Oceanfront Condos

Search Oceanfront Condos for Sale

Fort Lauderdale oceanfront condos for sale enjoy Blue Ribbon Beaches and warm sunny weather year round.  Fort Lauderdale offers a truly great range of oceanfront and direct oceanfront condos for sale.

Key Statistics for Buyers / Sellers

  • Prices from $154,900 – $9 Million
  • Median List Price $595,000
    – 2 Bedroom 2 Bathroom Unit

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 $275,000 $551
1 / 1 1,028 $339,000 $359
2 / 2 1,650 $605,000 $384
3 / 2 2,380 $1,299,900 $557

We can see from this report that:

  • The median price for Fort Lauderdale Oceanfront studios for sale is $275,000this being for a studio unit of 533 square feet unit with 1 bathroom – and a list price to square foot price of $551.00 – Important to note is that in our last post the median price for Oceanfront studios for sale was higher $293,000 – this being for a studio unit of 558 square feet unit with 1 bathroom – and a list price to square foot price of $566.00
  • The median price for Fort Lauderdale Oceanfront 1 Bedroom condos for sale is $339,000this being for a 1 bedroom 1 bathroom condo unit of 1028 square feet with a list price to square foot price of $359.00 – In our last post the median for Oceanfront 1 Bedroom condos for sale was slightly higher at $345,000 – this being for a 1 bedroom 1 bathroom condo unit of 969 square feet with a list price to square foot price of $374.00
  • The median price for Fort Lauderdale Oceanfront 2 Bedroom condos for sale is $605,000this being for a 2 bedroom 2 bathroom condo unit of 1650 square feet with a list price to square foot price of $384.00 – In our last post the median for  Oceanfront 2 Bedroom condos for sale was slightly lower at $602,500 – this being for a 2 bedroom 2 bathroom condo unit of 1611 square feet with a list price to square foot price of $395.00
  • The median price for Fort Lauderdale Oceanfront 3 Bedroom condos for sale is $1,299,900 – this being for a 3 bedroom 2 bathroom unit of 2380 square feet with a list price to square foot price of $557.00 – In our last post the median for Oceanfront 3 Bedroom condos for sale was higher at $1,450,000 – this being for a 3 bedroom 2 bathroom unit of 2356 square feet with a list price to square foot price of $591.00 

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
954-459-0337

Click here to email me now

Oceanfront Condos
Pricing Analysis

There are currently 1570 Fort Lauderdale condos for sale – of these 377 are Fort Lauderdale oceanfront condos for sale. 

In our last post there were 309 Oceanfront condos for sale.

In our earlier post there were 293 Oceanfront condos for sale.

The Market Analysis report for Ft Lauderdale Oceanfront Condos for Sale is presented below:

$$  Beds/Baths SF/FF List Price
High 6 / 5 11,567 $9,000,000
Low 0 / 1 280 $154,900
Avg 2 / 2 1,774 $942,957
Med 2 / 2 1,600 $595,000

We can see from this report that:

The average price for an oceanfront condo is $942,957 – this being for a luxury 2 bedroom 2 bathroom unit of 1774 square feet

The median price for an Fort Lauderdale oceanfront condo for sale here $595,000 and this is also for a 2 bedroom 2 bathroom unit – a unit of 1600 square feet!

It is important to note that median prices for Fort Lauderdale oceanfront condos for sale are back on the rise after dropping our last 2 posts!

  • In our last post for Fort Lauderdale oceanfront condos for sale the median was $550,000 and this is also for a 2 bedroom 2 bathroom unit – a unit of 1480 square feet!
  • In our prior post for Fort Lauderdale oceanfront condos for sale the median was $575,000 and this is also for a 2 bedroom 2 bathroom unit – a unit of 1456 square feet
  • In our earlier post for Fort Lauderdale oceanfront condos for sale the median was $597,000  – this for a 2 bedroom 2 bathroom unit – a unit of 1505 square feet.
Views from a Fort Lauderdale oceanfront condo for sale on Galt Ocean Mile
Views from a Fort Lauderdale oceanfront condo for sale on Galt Ocean Mile

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
$150,000 – $199,999 7
$200,000 – $249,999 9
$250,000 – $299,999 29
$300,000 – $349,999 28
$350,000 – $399,999 20
$400,000 – $449,999 15
$450,000 – $499,999 30
$500,000 – $549,999 28
$550,000 – $599,999 28
$600,000 – $699,999 37
$700,000 – $799,999 17
$800,000 – $899,999 15
$900,000 – $999,999 19
$1,000,000 or over 89
Total 377

 

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 89 luxury oceanfront condos for sale.

Important to note however is that there is a good selection  of units across nearly all price points! 

View of new construction Fort Lauderdale oceanfront condos for sale
View of new construction Fort Lauderdale oceanfront condos for sale

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 21 x oceanfront studio units currently for sale here in Fort Lauderdale – this is well down from 35 oceanfront studios for sale as in our post for Sept / Oct 2015.

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

$$  Beds/Baths SF/FF List Price
High 0 / 1 665 $486,900
Low 0 / 1 280 $154,900
Avg 0 / 1 510 $262,424
Med 0 / 1 533 $275,000

We can see from this report that the:

  • Average price for a Fort Lauderdale oceanfront studio currently for sale is $262,424– this being for a unit of 510 square feet with a list price to square foot price of $538.00
  • Median price for a Fort Lauderdale oceanfront studio currently for sale is $275,000 this being for a unit of 533 square feet with a list price to square foot price of $551.00

We can also see from this report that the lowest price for a oceanfront studio for sale is $154,900 and the highest price it $486,900.

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 – up slightly from 86 units for sale 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 1,450 $1,391,900
Low 1 / 1 350 $180,900
Avg 1 / 1 1,003 $404,772
Med 1 / 1 1,028 $339,000

We can see from this report that the:

  • Average price for a Fort Lauderdale 1 bedroom oceanfront condo currently for sale is $404,772– this being for a 1 bedroom 1 bathroom condo of 1003 square feet with a list price to square foot price of $406.00
  • Median price for a Fort Lauderdale 1 bedroom oceanfront condo currently for sale is $339,000 this being for a 1 bedroom 1 bathroom condo of 1028 square feet with a list price to square foot price of $359.00

We can also see from this report that the lowest price for a 1 bedroom oceanfront condo for sale is $180,900 and the highest price is $1,391,900.

Interesting to note is that the smallest 1 bedroom oceanfront condo for sale is just 350 square feet and the largest 1 bedroom oceanfront condo for sale is a very “generous” 1450 square feet.

Oceeanfront
2 Bedroom Condos

There are currently 184 x 2 Bedroom oceanfront condos currently for sale here in Fort Lauderdale – up from 142 units in our last 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 3,350 $3,900,000
Low 2 / 1 936 $275,000
Avg 2 / 2 1,678 $758,287
Med 2 / 2 1,650 $605,000

We can see from this report that the:

  • Average price for a Fort Lauderdale 2 bedroom oceanfront condos currently for sale is $758,287 – this being for a 2 bedroom 2 bathroom condo of 1678 square feet with a list price to square foot price of $444.00
  • Median price for a Fort Lauderdale 2 bedroom oceanfront condos currently for sale is $605,000 this being for a 2 bedroom 2 bathroom condo of 1650 square feet with a list price to square foot price of $384.00

We can also see from this report that the lowest price for a 2 bedroom oceanfront condo for sale is $275,000 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 “massive” 3350 square feet condo!

Oceanfront
3 Bedroom Condos

There are currently 67 x 3 Bedroom oceanfront condos currently for sale here in Fort Lauderdale – well up from 47 units 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 4,213 $6,500,000
Low 3 / 2 1,490 $489,900
Avg 3 / 3 2,432 $1,495,774
Med 3 / 2 2,380 $1,299,900

We can see from this report that the:

  • Average price for a Fort Lauderdale 3 bedroom oceanfront  condo currently for sale is $1,495,774 – this being for a 3 bedroom 3 bathroom luxury oceanfront condo of 2432 square feet with a list price to square foot price of $585.00
  • Median price for a Fort Lauderdale 3 bedroom oceanfront condo currently for sale is $1,299,900 this being for a 3 bedroom 3 bathroom luxury oceanfront condo of 2380 square feet with a list price to square foot price of $557.00

We can also see from this report that the lowest price for a 3 bedroom oceanfront condo for sale is $489,900 and the highest price condo is a luxury unit priced at $6.5 Million.

Interesting to note is that the smallest 3 bedroom oceanfront condo for sale is just 1490 square feet and the largest 3 bedroom luxury oceanfront condo for sale is a “very spacious” 4213 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.

We are seeing increases in inventory of 2 and 3 bedroom oceanfront condos for sale – fueled in part by the increasing number of new construction oceanfront condos coming online.

What is particularly important to note are the changes in median prices by bedroom as set out above.  These changes give a real sense to buyers of where the market is moving and if prices are increasing or dropping.

Based on these median prices – I am expecting to see increased pricing pressure on 3 bedroom oceanfront condos for sale which will likely result in some discounting by sellers.

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

Kevin Wirth Realtor – 954-459-0337