Category Archives: New Listings Condos 800K

Condos $800K Plus

Fort Lauderdale
Condos $800K Plus

Search Condos $800,000 or More

Fort Lauderdale offers some truly superb condos.  Currently there are 437 condos for sale in this price range.

This is up from 393 condos for sale in an earlier report for 2014

The market analysis report for these units is presented below.

Pricing Guide
Condos $800K Plus

The Price analysis report below shows the inventory of condos for sale in each of the price ranges.

Price Range Quantity
$800,000 – $899,999 74
$900,000 – $999,999 58
$1,000,000 or over 305
Total 437

We can see from the price analysis report above that the largest inventory of condos for sale are luxury condos priced at $1 Million and over – with 305 units currently for sale.

In an earlier report for 2015 there were 255 condos units for sale priced at $1 Million or more.

As a Fort Lauderdale realtor – what is important to note is that of the 305 units priced from $1 Million upwards 231 of these are units priced under $2 Million dollars.

These 231 units account for nearly 75% of Million Dollars condos.

Many Fort Lauderdale Real Estate Agents and Realtors alike will agree that these 231 luxury units priced between $1 Million and $2 Million offer luxury condo buyers a superb range of choice and value.

As one of the Gay Fort Lauderdale Realtors who also services Miami – I can tell you that many of my Gay and LGBT clients are delighted with what they can buy in this price range here in Ft Lauderdale.

View from a luxury Fort Lauderdale condo for sale in gay friendly North Beach

Fort Lauderdale Condos
Median Prices

Here is our market analysis report showing median prices by bedroom for all the Fort Lauderdale condos for sale – luxury condos priced $800K or more.

Beds/Baths SF/FF List Price LP$/SqFt
2 / 2 1,880 $999,950 $553
3 / 3 2,600 $1,399,000 $574
4 / 4 3,466 $1,762,500 $483
5 / 5 5,086 $5,950,000 $907

We can see from this report

  • The median for 2 Bedroom Luxury Fort Lauderdale condos is $999,950 – this being based on a 2 bedroom 2 bathroom condo of 1880 square feet with a list price to square foot price of $553.00 
  • The median for 3 Bedroom Luxury Fort Lauderdale condos is $1,399,000 this being based on a 3 bedroom 3 bathroom condo of 2600 square feet with a list price to square foot price of $574.00 
  • The median for 4 Bedroom Luxury Fort Lauderdale condos is $1,762,500 this being based on a 4 bedroom 4 bathroom condo of 3466 square feet with a list price to square foot price of $483.00 
  • The median for 5 or more Bedroom Luxury Fort Lauderdale condos is $5,950,000 – this being based on a 5 bedroom 5 bathroom condo of 5086 square feet with a list price to square foot price of $907.00 

Luxury Condos
Prices by Bedroom

Here we review in more detail the data for luxury Fort Lauderdale condos for sale – by bedroom.

2 Bedroom Units

There are 124 x 2 bedroom condos in this price range – as at time of writing this post.

 $$ Beds/Baths SF/FF List Price
High 2 / 3 3,833 $6,900,000
Low 2 / 1 1,050 $800,000
Avg 2 / 2 1,936 $1,137,412
Med 2 / 2 1,880 $999,950

Typically 2 bedroom condos run at $550.00 – $600.00 per square foot based on median prices – but they can go all the way to $1,800.00 or more.

The median price for a 2 bedroom luxury condo currently for sale here in Fort Lauderdale in this price range is $999,950

The median for a 2 bedroom condo currently for sale is for a 2 bedroom 2 bathroom condo unit of approx 1880 square feet with a list price to square foot price of $553.00

3 Bedroom Units

There are 264 x 3 bedroom condos in this price range 

 $$ Beds/Baths SF/FF List Price
High 3 / 5 4,707 $6,500,000
Low 3 / 2 1,271 $820,000
Avg 3 / 3 2,621 $1,614,227
Med 3 / 3 2,600 $1,399,000

Typically 3 bedroom condos run at $570.00 – $610.00 per square foot based on median prices – but they can go all the way to $1,500.00 or more.

The median price for a 3 bedroom condo currently for sale here in Fort Lauderdale in this price range is $1,399,000

The median for a 3 bedroom luxury Fort Lauderdale  condo currently for sale is for a 3 bedroom 3 bathroom condo unit of approx 2600 square feet with a list price to square foot price of $574.00

4 Bedroom Units

There are 46 x 4 bedroom condos in this price range.

The market analysis report for these units is presented below.

 $$ Beds/Baths SF/FF List Price
High 4 / 5 7,654 $4,995,000
Low 4 / 2 2,356 $849,000
Avg 4 / 4 3,707 $2,057,066
Med 4 / 4 3,466 $1,762,500

Typically 4 bedroom luxury Fort Lauderdale condos for sale in this price range run at $480.00 – $550.00  per square foot based on median prices 

The median price for a 4 bedroom condo currently for sale here in Fort Lauderdale is $1,762,500

The median for a 4 bedroom luxury Fort Lauderdale  condo currently for sale is for a 4 bedroom 4 bathroom condo unit of approx 3466 square feet with a list price to square foot price of $483.00

View of Fort Lauderdale Beach and its condominiums

Fort Lauderdale Condos
Priced $1 Million to $2 Million

There are currently 231 units for sale in this price range.

The market analysis report for these luxury condos is presented below.

 $$ Beds/Baths SF/FF List Price
High 5 / 5 4,560 $2,000,000
Low 2 / 1 1,120 $1,000,000
Avg 3 / 2 2,502 $1,391,122
Med 3 / 3 2,356 $1,338,100

We can see from this report that the average price for one of these units is $1,392,715 and the median price is $1,349,000.

Important to note is that in our last report for 2014 the average price for one of these units was $1,392,715 and the median price is $1,349,000 – so not much change in prices so far in 2015

Both the average and the median prices are based on 3 bedroom units of between 2356 and 2502 sq ft.

Fort Lauderdale Condos Priced
$2 Million Plus

There are currently just 78 units for sale in this price range – which is well up from the 55 units for sale in our last report for 2014.

The market analysis report for these luxury condos is presented below

$$   Beds/Baths SF/FF List Price
High 6  / 8 11,447 $10,000,000
Low 2 / 2 2,013 $2,000,000
Avg 3 / 4 3,724.16 $3,233,033
Med 3 / 3 3,395 $2,924,500

We can see from this report that the average price for one of these units is $3,233,033 and the median price is $2,924,500 

In our last report for 2014 the average price for one of these units is $3,564,964 and the median price is $2,862,000 

Both the average and the median prices are based on 3 bedroom 3 – 3.5 bathroom units of between 3395 and 3961 sq ft – much the same as out last report.

Final Note

Fort Lauderdale like any city varies by the block and while overall Fort Lauderdale is a great gay friendly city and is recognized as the top city in the USA with the most gay couples.

Important to note however as of our companies top Gay Fort Lauderdale Realtors is that even for condos in this price range there are some neighborhoods and condominium complexes that are much more popular with our Gay and LGBT community than others.

More on Popular Gay Friendly Neighborhoods in Ft Lauderdale

Kevin Wirth Fort Lauderdale Realtor

I hope you have enjoyed reading our post on Fort Lauderdale condos priced $800,000 plus – by Kevin Wirth Realtor.