Condos $200K – $400K

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

Welcome to my June 2018 / July 2018 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 currently 2284 Fort Lauderdale condos for sale in this price range – so there is plenty of selection.

Of these 2284 condos for sale in this price range 386 units are oceanfront condos for sale – down from our last post!

In our last post for April / May 2018 there were 436 x oceanfront condos for sale

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

BEDS / BATHS LA LP$
Min 0 / 1 280 $209,900
Max 3 / 2 1856 $400,000
Avg 1 / 1 1001 $322,211
Median 1 / 1 972 $325,000

We can see from this report that the average price for a Fort Lauderdale oceanfront  condo for sale priced between $200,000 and $400,000 is $322,211 – this being for a 1 bedroom 1 bathroom oceanfront condo for sale of 1001 square feet.

We can also see from this report that the median price is $325,000 – this being for a 1 bedroom 1 bathroom oceanfront condo for sale of 972 square feet 

In our last post the median price was a little higher at $329,000 – this being for a 1 bedroom 1 bathroom oceanfront condo for sale of 940 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 Oceanfront condo for sale priced under $400,000 in gay friendly Pompano Beach Fort Lauderdale
View Oceanfront condo for sale priced under $400,000 in gay friendly Pompano Beach

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 91
$300,000 – $349,999 126
$350,000 – $400,000 126
Total 386

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 43 units for sale!

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 2 bedroom oceanfront condo for sale Fort Lauderdale
Look at the views from this 2 bedroom oceanfront condo for sale here in Fort Lauderdale

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 / 1 511 $242,500 $476.00
1 / 1 874 $308,999 $351.00
2 / 2 1200 $358,894 $298.00

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

  • Oceanfront Studios is $242,500 – this being for a 511 square foot unit with 1 bathroom and a list price to square foot price of $476.00
  • 1 Bedroom Condos is $308,999 – this being for a 874 square foot unit with 1 bedroom and 1 bathroom and a list price to square foot price of $351.00
  • 2 Bedroom Condos is $358,894 – this being for a 1200 square foot unit with 2 bedrooms and 2 bathrooms and a list price to square foot price of $298.00

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 16 oceanfront studios in this price range – with prices ranging from $215,000 – $349,000 – down from 23 studios for sale as in our last post!

It is important to note is that this is well down from earlier in 2017 when there were 32 oceanfront studios for sale!

Our market analysis report for these 16 units is presented below.

BEDS / BATHS LA LP$
Min 0 / 1 280 $210,000
Max 0 / 1 590 $284,500
Avg 0 / 1 510 $244,550
Median 0 / 1 511 $242,500

Typically studios run at around $475.00 – $500.00 per square foot based on median prices – but they can go all the way to $775.00 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 currently $242,500 – this being for a unit of 511 square feet

It is important to note that median prices for studios are on the rise – this month is down from $267,900 – this being for a smaller unit of 488 square feet

Generally a studio for sale is around 450 – 500 square feet in size

1 Bedroom Units

There are 211 x 1 bedroom oceanfront condos in this price range – – with prices ranging from $208,000 – $400,000

This is down from our last post when there were 240 x 1 bedroom oceanfront condos for sale.

The market analysis report for these 211 units is presented below

BEDS / BATHS LA LP$
Min 1 / 1 460 $209,900
Max 1 / 2 1300 $399,000
Avg 1 / 1 879 $304,088
Median 1 / 1 874 $308,999

Typically 1 bedroom condos run at $350.00 – $360.00 per square foot based on median prices – but they can go all the way to $695.00 or more.

The median price for a 1 bedroom 1 bathroom unit is $308,999 – this being for a unit of 874 square feet

It is important to note that median prices are up slightly from $306,500 – this being for a unit of 874 square feet

Generally a 1 Bedroom condo is around 870 – 900 square feet in size.

2 Bedroom Units

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

Currently there are 158 x 2 bedroom oceanfront condos in this price range – with prices ranging from $245,000 – $400,000

The median is down from the 172 x 2 bedroom condos for sale as in our last post!

The market analysis report for these 158 units is presented below

BEDS / BATHS LA LP$
Min 2 / 1 800 $250,000
Max 2 / 2 1800 $400,000
Avg 2 / 2 1209 $353,791
Median 2 / 2 1200 $358,894

Typically 2 bedroom condos run at $290.00 – $300.00 per square foot based on median prices – but they can go all the way to $420.00 or more.

The median price for a 2 bedroom unit is $358,894 – this being for a unit of 1200 square feet

It is important to note that the median this month is up from our last post when the median was $364,748 – this being for a unit of 1200 square feet

Generally a 2 bedroom condo is around 1150 – 1250 square feet in size – though some 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!

View oceanfront condo for sale priced under $400,000 here in gay friendly North Beach Fort Lauderdale
View oceanfront condo for sale priced under $400,000 here in 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 42 condos for sale – with prices ranging from $215,000 – $400,000.

It is important to note that the number of condos for sale is well up from 52 condos for sale as in our last post!

Our market analysis report for these units is presented below.

BEDS / BATHS LA LP$
Min 0 / 1 320 $215,000
Max 2 / 2 1427 $400,000
Avg 1 / 1 698 $284,631
Median 1 / 1 686 $281,750

We can see from this report that the:

  • Average price for a condo in this price range here in North Beach is $284,631 – this being for a studio unit of 698 square feet.  In our last post the average price for a condo in this price range here in North Beach was $291,924 – this being for a studio unit of 648 square feet.
  • Median price for a condo in this price range here in gay friendly North Beach is $281,750 – this being for a 1 bedroom 1 bathroom unit of 686 square feet.  In our last post the median price for a condo in this price range here in gay friendly North Beach was $284,500 – this being for a larger 1 bedroom 1 bathroom unit of 800 square feet.

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