View condo for sale gay friendly Lauderdale by the Sea neighborhood Fort Lauderdale

Lauderdale by the Sea

A Gay Realtors Guide
to Lauderdale by the Sea

Welcome to my August 2018 / September 2018 Fort Lauderdale Gay Realtors guide to popular gay friendly Fort Lauderdale neighborhoods.

Lauderdale by the Sea is has really transformed it self over the last few year – especially the South Side in and around the beach.

This transformation combined with more and more upscale homes and condos for sale is attracting many gay and LGBT buyers – especially those looking for a more laid back neighborhood!

Currently in Lauderdale by the Sea there are:

  • 136 condos for sale  – the median list price for a condo is $484,000 for a 2 bedroom 2 bathroom unit
    Prices range from under $80,000 to $4 Million
  • 23 single family homes for sale – median list price $799,999 for a 3 bedroom 3 bathroom home.
    Prices range from under $517,000 to $2.7 Million

 

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Lauderdale by the Sea
Fort Lauderdale

Lauderdale by the Sea – especially the South side  offers an ideal location for those who love the beach and beach life.

Map of gay friendly Lauderdale by the Sea
Map of gay friendly Lauderdale by the Sea

South Lauderdale by the Sea lies between Fort Lauderdale and Sea Ranch Lakes, while the north half borders Pompano Beach.

Behind it is North Andrews Gardens and just a short drive away is Wilton Manors with all its gay entertainment options.

Lauderdale by the sea if often call the “Beach Diving” Capital of South Florida – as the Town has beautiful Blue Wave beaches and great reefs – some of which you can swim to!

At the ocean end of Commercial Boulevard is a long wooden fishing pier. The south side of the pier is a popular scuba diving and snorkeling location as is the three-tiered reef – which is frequented on a daily basis by many diving tour operators.

This combination of great beaches, shopping, dining and entertainment options combined with recent beach and city redevelopment is attracting more and more gay and LGBT home and condo buyers looking for a place here in the sun!

As a gay realtor here in Fort Lauderdale – I can guide you to some of the most popular gay friendly areas here in Lauderdale by the Sea

View condo for sale gay friendly Lauderdale by the Sea neighborhood Fort Lauderdale
View condo for sale gay friendly Lauderdale by the Sea neighborhood Fort Lauderdale

Lauderdale by the Sea
Condos for Sale

There are currently 136 condos / town homes for sale here in Lauderdale by the Sea – down from our last post!

There were 161 condos for sale in our last post on Gay Friendly Lauderdale by the Sea for June 2018 / July 2018

This market analysis report for these 161 condos for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 375 $80,000
Max 5 / 5 6967 $4,000,000
Avg 2 / 2 1643 $704,405
Median 2 / 2 1433 $484,000

We can see from this report that the average list price for a condo / town home for sale is $704,405 and the median price is $484,000

It is important to note the median list price for condos for sale is up now over $25,000 over our last 2 posts!

In our last post the average list price for a condo / town home for sale was $677,309 and the median price was $475,000

In our prior post the average list price for a condo / town home for sale was $720,122 and the median price was $458,274

Both the average and the median in this and in our last posts are based on 2 bedroom 2 bathroom units.

Look at the view from this 2 bedroom condo for sale in gay friendly Lauderdale by the Sea
Look at the view from this 2 bedroom condo for sale in gay friendly Lauderdale by the Sea

Lauderdale by the Sea
Condo Prices by Bedroom

The following report show us the median price for Lauderdale Lake condos by bedroom.

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 800 $232,750 $305.00
2 / 2 1416 $444,250 $333.00
3 / 3 2898 $1,335,000 $481.00
4 / 4 3140 $1,900,000 $605.00

We can from this report:

  • The median for 1 bedroom Lauderdale by the Sea condo for sale is $232,750 – this being for a 1 bedroom 1 bathroom unit of 800 square feet with a list price to square foot price of $305.00 – In our last post the median for a 1 bedroom Lauderdale by the Sea condo for sale was lower at $225,000 – this being for a 1 bedroom 1 bathroom unit of 780 square feet with a list price to square foot price of $288.00
  • The median for 2 bedroom Lauderdale by the Sea condo for sale is $444,250 – this being for a 2 bedroom 2 bathroom unit of 1416 square feet with a list price to square foot price of $333.00 – In our last post the median for 2 bedroom Lauderdale by the Sea condo for sale was higher at $471,250 – this being for a 2 bedroom 2 bathroom unit of 1400 square feet with a list price to square foot price of $346.00
  • The median for 3 bedroom Lauderdale by the Sea condo / town home for sale is $1,335,000this being for a 3 bedroom 3 bathroom town home / condo  unit of 2899 square feet with a list price to square foot price of $481.00 – In our last post the median for 3 bedroom Lauderdale by the Sea condo / town home for sale was lower at $1,232,500 – this being for a 3 bedroom 3 bathroom town home / condo  unit of 2768 square feet with a list price to square foot price of $468.00
  • The median for 4 bedroom Lauderdale by the Sea condo / town home for sale is $1,900,000 – this being for a 4 bedroom 4 bathroom town home / condo  unit of 3140 square feet with a list price to square foot price of $605.00 – In our last post the median for 4 bedroom Lauderdale by the Sea condo / town home for sale was $1,950,000 – this being for a 4 bedroom 4 bathroom town home / condo  unit of 3024 square feet with a list price to square foot price of $612.00

It is important to note that luxury new construction 3 and 4 bedroom town homes for sale are impacting median prices!

Beach views condo for sale in gay friendly Lauderdale by the Sea
Beach views condo for sale in gay friendly Lauderdale by the Sea

Lauderdale by the Sea
Condo Pricing

The price analysis report shown below gives us an insightful overview of the market for condos here in Lauderdale Lakes and shows us clearly the range of options – based on price and inventory.

The price analysis report is presented below.

Price Range Quantity
$149,999 or under 4
$150,000 – $199,999 10
$200,000 – $249,999 4
$250,000 – $299,999 7
$300,000 – $349,999 11
$350,000 – $399,999 17
$400,000 – $449,999 11
$450,000 – $499,999 10
$500,000 – $549,999 4
$550,000 – $599,999 6
$600,000 – $699,999 16
$700,000 – $799,999 5
$800,000 – $899,999 4
$900,000 – $999,999 3
$1,000,000 or over 24
Total 136

The price analysis report is great for its shows us the breakdown of inventory of condos for sale by price point / price bracket.

We can see that one of the largest inventory of condos for sale are units priced between $300,000 – $449,999 – with 49 condos for sale – this price range appeals to many gay and LGBT buyers!

However what is important to note and what attract many gay and LGBT buyers is the spread of prices…

There is literally condos / town homes for sale in nearly every price range even for luxury units priced at $1 Million dollars or more more with 24 luxury condos currently for sale!

Aerial view homes here in gay friendly Lauderdale by the Sea in Fort Lauderdale
Aerial view homes here in gay friendly Lauderdale by the Sea in Fort Lauderdale

Lauderdale by the Sea
Homes for Sale

There are currently 23 single family homes for sale here in Lauderdale by the Sea here in Ft Lauderdale

It is very important to note that the number of homes for sale this month is well down from 35 single family homes earlier in 2018!

The number of homes for sale in this popular gay friendly neighborhood has been steadily dropping each month this year!

This market analysis report for the 23 homes currently for sale is presented below.

BEDS / BATHS LA LP$
Min 2 / 2 1380 $517,000
Max 6 / 5 6027 $2,675,000
Avg 3 / 3 2604 $1,081,222
Median 3 / 3 2211 $799,999

We can see from this report that the average list price for a single family home in Lauderdale by the Sea is $1,081,222 and the median price is $799,999 – well down from our last post!

In our last post for June 2018 / July 2018 the average list price for a single family home in Lauderdale by the Sea was $1,187,969 and the median price was $899,900

Note both the average and median prices in this and our last post are for 3 bedroom homes.

It is important to note that prices for homes for sale here in this very  “Hot” gay friendly Fort Lauderdale neighborhood are truly on the rise – especially for 3 bedroom homes for sale!

Median prices also rise and fall subject to the inventory of homes for sale, the age of the homes for sale and the number of waterfront homes for sale!

View waterfront home for sale gay friendly Lauderdale by the Sea Fort Lauderdale
View waterfront home for sale gay friendly Lauderdale by the Sea Fort Lauderdale

Lauderdale by the Sea
Home Prices by Bedroom

The following report show us the median price for Lauderdale Lake homes by bedroom.

BEDS / BATHS LA LP$ LP$/SqFt
2 / 2 1663 $649,000 $419.00
3 / 2 2170 $769,900 $363.00
4 / 3 2590 $874,950 $399.00

We can from this report:

  • The median for 2 bedroom Lauderdale by the Sea homes for sale is $649,000 – this being for a 2 bedroom 2 bathroom home of 1663 square feet with a list price to square foot price of $419.00.  In our last post the median price for 2 bedroom Lauderdale by the Sea homes for sale was lower at 579,000 – this being for a 2 bedroom 2 bathroom home of 1606 square feet with a list price to square foot price of $360.00
  • The median for 3 bedroom Lauderdale by the Sea homes for sale is $769,900this being for a 3 bedroom 2 bathroom home of 2170 square feet with a list price to square foot price of $363.00.  In our last post the median for 3 bedroom Lauderdale by the Sea homes for sale was higher at $895,000 – this being for a 3 bedroom 2 bathroom home of 2122 square feet with a list price to square foot price of $389.00
  • The median for 4 bedroom Lauderdale by the Sea homes for sale is $899,450 – this being for a 4 bedroom 3 bathroom home of 2900 square feet with a list price to square foot price of $399.00.  In our last post the median for 4 bedroom Lauderdale by the Sea homes for sale was $874,950 – this being for a 4 bedroom 3 bathroom home of 2590 square feet with a list price to square foot price of $399.00

Again it is important to note that median prices are impacted by the age of the home, the updates to the home and the number of waterfront homes for sale vs non-waterfront homes for sale!

View 3 bedroom pool home for sale Lauderdale by the Sea neighborhood Fort Lauderdale
View 3 bedroom pool home for sale Lauderdale by the Sea neighborhood Fort Lauderdale

Lauderdale by the Sea
Home Pricing

The price analysis report shown below gives us a more insightful overview of the market for homes here in Lauderdale by the Sea as it shows us clearly the range of options – based on price and inventory.

The price analysis report for homes for sale is presented below.

Price Range Quantity
$500,000 – $549,999 3
$550,000 – $599,999 1
$600,000 – $699,999 4
$700,000 – $799,999 4
$800,000 – $899,999 3
$900,000 – $999,999 1
$1,000,000 or over 7
Total 23

The price analysis report is very useful as its shows us the breakdown of inventory of homes for sale by price points.

You can see from this report that the majority of the homes for sale are priced at $1 Million or more!

It is important to note that there are good numbers homes for sale across many of the lower price points – yes they may need some work – but in this neighborhood you are sure to reap the rewards!

I hope you have enjoyed my post on Condos and Homes here in gay friendly Lauderdale by the Sea, Fort Lauderdale.

Kevin Wirth Realtor

Kevin Wirth
Fort Lauderdale Gay Realtors