Condos $200K – $400K

Fort Lauderdale Condos
$200,000 – $400,000

Welcome to my Fort Lauderdale Gay Realtors Guide to condos for sale priced from $200,000 – $400,000 – focusing in on oceanfront condos.

Fort Lauderdale offers a great choice of condos in this price range

Search Condos $200K – $400K

 

View Fort Lauderdale oceanfront condo for sale priced under $400,000
View Fort Lauderdale oceanfront condo for sale priced under $400,000

Currently there are 2196 Fort Lauderdale condos for sale in this price range – so there is plenty of selection.

Of these 2196 condos currently for sale 417 are oceanfront units

In our last post for July / August 2016 there were 2322 condos for sale of which 432 condos were oceanfront units.

Our market analysis report for these condos for sale is presented below.

 $$ Beds/Baths SF/FF List Price
High 3 / 3 1,800 $400,000
Low 0 / 1 310 $201,000
Avg 1 / 1 1,038 $323,445
Med 1 / 1 1,027 $329,900

We can see from this report that the average price for an Oceanfront condo for sale is $323,445 – this being for a bedroom 1 bathroom unit of 1038 square feet – this is up slightly from our last post when the average price for an Oceanfront condo for sale was  $320,031 – this being for a 1 bedroom 1 bathroom unit of 1041 square feet

We can also see from this report that the median price is $329,900 – this being for a 1 bedroom 1 bathroom oceanfront condo for sale of 1027 square feet – this is also up slightly from our last post when the median price for an Oceanfront condo for sale was $325,500 – this being for a 1 bedroom 1 bathroom unit of 1066 square feet

What is important to note however from this report is that these numbers represent condos for sale across Greater Fort Lauderdale and do not take into account individual neighborhoods.

Fort Lauderdale like any city varies by the block and while overall many parts of Fort Lauderdale are popular with the gay community – there are some communities / neighborhoods that are less popular – ones that as a Gay Fort Lauderdale Realtor – I personally would not recommend.

More on Popular Gay Friendly Neighborhoods

Pricing Analysis
Oceanfront Condos

Here is our Fort Lauderdale Pricing Guide for Oceanfront Condos priced from $200,000 to $400,000.

Price Range Quantity
$200,000 – $249,999 43
$250,000 – $299,999 110
$300,000 – $349,999 129
$350,000 – $400,000 135
Total 417

We can see from this report that the inventory of units for sale is fairly evenly spread for units priced $250,000 – $400,000

Also encouraging is that there are oceanfront units for sale that are priced under $249,999 – with 43 units for sale (which is down from 57 oceanfront condos for sale as in our last post).

Important for buyers of Fort Lauderdale oceanfront condos to take into account – is that often times there will be a trade-off – between unit size and neighborhood / location.

Often time buyers come in with a specific desire to be in a popular gay neighborhood – however they find that their options in this price range can be limited.

As one of our companies top Gay Fort Lauderdale Realtors – I can guide you on other options, in communities that are gay friendly and popular with the Gay/LGBT community.

Superb views from this 2 bedroom oceanfront condo for sale priced under $400,000
Superb views from this 2 bedroom oceanfront condo for sale priced under $400,000

Oceanfront Condos
Median Prices by Bedroom

Here is a summary chart of median prices for Oceanfront Condos currently for sale – units priced between $200K – $400K.

Beds/Baths SF/FF List Price LP$/SqFt
0 / 1 533 $272,000 $516
1 / 1 870 $305,000 $346
2 / 2 1,202 $359,000 $285
0 / 1 533 $272,000 $516

We can see from this report that the median price for:

  • Oceanfront Studios is $272,000this being for a 533 square foot unit with 1 bathroom and a list price to square foot price of $516.00 
  • 1 Bedroom Condos is $305,000this being for a 870 square foot unit with 1 bedroom and 1 bathroom and a list price to square foot price of $346.00
  • 2 Bedroom Condos is $359,000 – this being for a 1202 square foot unit with 2 bedrooms and 2 bathrooms and a list price to square foot price of $285.00
  • 3 Bedroom Condos is $399,000 this being for a 1500 square foot unit with 3 bedrooms and 2 bathrooms and a list price to square foot price of $242.00

As a Fort Lauderdale Realtor / Real Estate Agent I personally find this summary chart useful.

I breakdown and discuss each category further below.

Studios

There are 26 oceanfront studios in this price range – with prices from $215,000 – $349,500 – In our last post there were 23 oceanfront studios for sale.

Our market analysis report for these units is presented below.

 $$ Beds/Baths SF/FF List Price
High 0 / 1 653 $349,500
Low 0 / 1 310 $215,000
Avg 0 / 1 533 $278,238
Med 0 / 1 533 $272,000

Typically studios run at around $510.00 – $560.00 per square foot based on median prices – but they can go all the way to $800.00 or more – especially for Luxury Condo Hotel Units.

Fort Lauderdale has a great selection of Hotel / Condos that can be placed into the Hotel rental program – two of the most popular Hotel Condos is The Hilton Fort Lauderdale Beach Resort & The Atlantic Hotel.

The median price for a studio currently for sale in this price range in Fort Lauderdale is $272,000

It is important to note that while this is up a little from our last post when the median was $270,000 it is still well down a little from our prior post when the median price for an oceanfront studio was $282,500!

Generally a studio is around 530 – 550 square feet in size

1 Bedroom Units

There are 233 x 1 bedroom oceanfront condos in this price range – this is up from our last post there were 240 x 1 bedroom oceanfront condos for sale.

The market analysis report for these units is presented below

$$  Beds/Baths SF/FF List Price
High 1 / 2 1,475 $399,999
Low 1 / 1 638 $201,000
Avg 1 / 1 916 $307,396
Med 1 / 1 870 $305,000

Typically 1 bedroom condos run at $345.00 – $365.00 per square foot based on median prices – but they can go all the way to $650.00 or more.

The median price for a 1 bedroom 1 bathroom unit is $305,000 – this is up from $299,900 in our last post!

Generally a 1 Bedroom condo is around 850 – 910 square feet in size.

2 Bedroom Units

In my experience 2 Bedroom units are by the most sought after unit with Fort Lauderdale gay realtors.  

Currently there are 155 x 2 bedroom oceanfront condos in this price range – This is down a little from the 168 x 2 bedroom units for sale as in our last post!

 $$ Beds/Baths SF/FF List Price
High 2 / 3 1,800 $400,000
Low 2 / 1 836 $245,000
Avg 2 / 2 1,227 $353,917
Med 2 / 2 1,202 $359,000

Typically 2 bedroom condos run at $285.00 – $295.00 per square foot based on median prices – but they can go all the way to $495.00 or more.

The median price for a 2 bedroom unit is $359,000 – up a little from our last report when the median was $350,000!

Generally a 2 bedroom condo is around 1200 – 1250 square feet in size – though some can be much smaller.

3 Bedroom Units

There are 3 x 3 bedroom oceanfront condo for sale in this price range – this is up from just 1 x 3 bedroom condo for sale as in our last post!

The market analysis report for these units is presented below

 $$ Beds/Baths SF/FF List Price
High 3 / 2 1,500 $399,999
Low 3 / 2 1,500 $363,000
Avg 3 / 2 1,500 $387,333
Med 3 / 2 1,500 $399,000

Typically 3 bedroom condos run at $235.00 – $245.00 per square foot based on median prices – but they can go all the way to $270.00 or more.

The list price for the 1 x 3 bedroom unit is $399,000 – this being for a 3 bedroom 2 bathroom unit of 1650 square feet with a list price to square foot price of $242.00

In an earlier post for March / April 2016 when there were 5 x 3 bedroom condos for sale the median price for a 3 bedroom unit was $365,000

Generally a 3 bedroom condo is around 1800 – 1900 square feet in size, however they can be much smaller.

Note: As you increase unit size in this price range you tend to move further away from central Fort Lauderdale and away from some the more popular gay friendly neighborhoods.

There are however still many great neighborhoods /communities that are popular with the Gay/LGBT community that are well worth considering.

Views from a condo for sale here in gay friendly North Beach Fort Lauderdale
Views from a condo for sale here in gay friendly North Beach Fort Lauderdale

Featured Neighborhood
North Beach

In each post I like to feature a popular gay friendly neighborhood.

A popular neighborhood with Fort Lauderdale Gay Realtors including myself is North Beach  – a great neighborhood set between the Intracoastal and the Ocean!

Currently in the popular and gay friendly neighborhood of North Beach here in Fort Lauderdale there are 29 condos for sale

It is important to note that the number of condos for sale in North Beasch at 29 units is down from 34 in our last post which in turn was down from 50 condos for sale in our prior post!

Our market analysis report for these units is presented below.

$$  Beds/Baths SF/FF List Price
High 1 / 2 1,142 $389,900
Low 0 / 1 485 $259,000
Avg 0 / 1 784 $310,406
Med 0 / 1 725 $305,000

We can see from this report that the:

  • Average price for a condo in this price range here in North Beach is $310,406 – this being for a 1 bedroom 1 bathroom unit of 784 square feet.  In our last post the average price for a condo in this price range here in North Beach was much the same at $310,017 – this being for a 1 bedroom 1 bathroom unit of 817 square feet.
  • Median price for a condo in this price range here in gay friendly North Beach is $305,000 – this being for a 1 bedroom 1 bathroom unit of 725 square feet.  In our last post the median price for a condo in this price range here in gay friendly North Beach was over $7,000 higher at $312,450 – this being for a 1 bedroom 1 bathroom unit of 787 square feet

We can also see that the lowest price unit is offered for sale for $259,000 – this being a studio unit, and that the most expensive unit is offered for sale for $389,900 – this being a 1 bedroom 2 bathroom unit.

Most Fort Lauderdale gay realtors will agree that this popular gay friendly community is one that is well worth considering – especially if your looking to purchase a Fort Lauderdale condo in the price range of $200,000 – $400,000.

Read more on North Beach Real Estate

Kevin Wirth Fort Lauderdale Realtor

I hope this post on Fort Lauderdale condos for sale priced from $200K to $400K has been enlightening – we try to update and post these each month – Kevin Wirth – Fort Lauderdale Gay Realtors