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

 

Currently there are 2351 Fort Lauderdale condos for sale in this price range – so there is plenty of selection.

Of these 2351 condos currently for sale 420 are oceanfront units!

In our last post for August / September 2017 there were 2389 condos for sale of which 429 condos were oceanfront units.

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

BEDS / BATHS LA LP$
Min 0 / 1 280 $200,000
Max 3 / 2 1780 $400,000
Avg 1 / 1 991 $326,381
Median 1 / 1 975 $332,394

We can also see from this report that the median price is $332,394 – this being for a 1 bedroom 1 bathroom oceanfront condo for sale of 975 square feet 

In our last post the median price was slightly lower at $330,000 this being for a 1 bedroom 1 bathroom oceanfront condo for sale of 970 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

View Fort Lauderdale Oceanfront condo for sale in La Mer - Unit 1402
View Fort Lauderdale Oceanfront condo for sale in La Mer – Unit 1402

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 52
$250,000 – $299,999 97
$300,000 – $349,999 111
$350,000 – $400,000 160
Total 420

We can see from this report that the inventory of units for sale increases as prices rise.

Important to note however is that there are oceanfront units for sale that are priced under $249,999 – with 52 units for sale – which is up from 46 units for sale as in our last post!

Also 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.

View Fort Lauderdale oceanfront condo for sale priced under $400,000
View Fort Lauderdale 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 LA LP$ LP$/SqFt
0 / 1 482 $245,000 $469.00
1 / 1 874 $319,000 $356.00
2 / 2 1200 $365,000 $286.00
3 / 2 1780 $335,000 $188.00

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

  • Oceanfront Studios is $245,000 – this being for a 482 square foot unit with 1 bathroom and a list price to square foot price of $469.00 
  • 1 Bedroom Condos is $319,000this being for a 874 square foot unit with 1 bedroom and 1 bathroom and a list price to square foot price of $356.00
  • 2 Bedroom Condos is $365,000 – this being for a 1200 square foot unit with 2 bedrooms and 2 bathrooms and a list price to square foot price of $286.00
  • 3 Bedroom Condos is $335,000 this being for a 1780 square foot unit with 3 bedrooms and 2 bathrooms and a list price to square foot price of $188.00

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 currently 17 oceanfront studios in this price range – with prices from $205,000 – $350,000

It is important to note is that this is down from our last post there were 20 oceanfront condos for sale and is well down from our prior post there were 32 oceanfront studios for sale!

Our market analysis report for these 17 units is presented below.

BEDS / BATHS LA LP$
Min 0 / 1 280 $215,000
Max 0 / 1 590 $350,000
Avg 0 / 1 441 $257,535
Median 0 / 1 482 $245,000

Typically studios run at around $470.00 – $560.00 per square foot based on median prices – but they can go all the way to $1,250.00 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 $245,000

Generally a studio is around 480 – 530 square feet in size

1 Bedroom Units

There are 230 x 1 bedroom oceanfront condos in this price range – this is down from our last post when there were 242 x 1 bedroom oceanfront condos for sale.

The market analysis report for these units is presented below

BEDS / BATHS LA LP$
Min 1 / 1 530 $200,000
Max 1 / 2 1300 $400,000
Avg 1 / 1 864 $312,876
Median 1 / 1 874 $319,000

Typically 1 bedroom condos run at $355.00 – $365.00 per square foot based on median prices – but they can go all the way to $600.00 or more.

The median price for a 1 bedroom 1 bathroom unit is $319,000 – this is the same as in our last post!

Generally a 1 Bedroom condo is around 860 – 950 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 172 x 2 bedroom oceanfront condos in this price range – This is down from the 185 x 2 bedroom condos for sale in our last post!

BEDS / BATHS LA LP$
Min 2 / 1 800 $235,000
Max 2 / 2 1700 $400,000
Avg 2 / 2 1202 $351,195
Median 2 / 2 1200 $365,000

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 $440.00 or more.

The median price for a 2 bedroom unit is $365,000 – this up from $360,000 as in our last post!

Generally a 2 bedroom condo is around 1100 – 1200 square feet in size – though some can be much smaller.

3 Bedroom Units

There is just 1 x 3 bedroom oceanfront condo for sale in this price range – this is down from 5 condos for sale earlier this year!

The market analysis report for this unit is presented below

BEDS / BATHS LA LP$ LP$/SqFt
3 / 2 1780 $335,000 $188.00

Typically 3 bedroom condos run at $200.00 – $220.00 per square foot based on median prices – but they can go all the way to $235.00 or more.

The price for the 1 x 3 bedroom condo for sale in this price range is $335,000 – this being for a 3 bedroom 2 bathroom unit of 1780 square feet with a list price to square foot price of $188.00

Generally a 3 bedroom condo is around 1650 – 1750 square feet in size, however they can also 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.

View Fort Lauderdale condo for sale gay friendly North Beach
Ocean views Fort Lauderdale condo for sale in popular and gay friendly North Beach

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 15 condos for sale – It is important to note that this is well down from 34 condos for sale earlier this year!

Our market analysis report for these units is presented below.

BEDS / BATHS LA LP$
Min 0 / 1 533 $245,000
Max 1 / 2 1142 $395,000
Avg 1 / 1 709 $306,900
Median 1 / 1 638 $299,000

We can see from this report that the:

  • Average price for a condo in this price range here in North Beach is $299,000 – this being for a studio unit of 638 square feet.  In our last post the average price for a condo in this price range here in North Beach was higher at $312,605 – this being for a studio unit of 704 square feet.
  • Median price for a condo in this price range here in gay friendly North Beach is $299,000 – this being for a 1 bedroom 1 bathroom unit of 638 square feet.  In our last post the median price for a condo in this price range here in gay friendly North Beach was higher at $319,000 – this being for a 1 bedroom 1 bathroom unit of 638 square feet.

We can also see that the lowest price unit is offered for sale for $245,000 – this being a studio unit, and that the most expensive unit is offered for sale for $395,000 – 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 gay friendly North Beach

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