Waterfront views gay friendly Coral Ridge Towers condo in Fort Lauderdale

Coral Ridge Towers

Gay Friendly
Coral Ridge Towers

Welcome to my Fort Lauderdale Gay Realtors guide to popular gay friendly Fort Lauderdale condos / condominium complexes.

Coral Ridge Towers next to / across from Galt Ocean Mile is a very popular and gay friendly condominium complex of four towers set here in Fort Lauderdale FL.

The Galt Ocean Mile area next to Coral Ridge is an increasingly popular neighborhood with many Fort Lauderdale Gay Realtors and with the Gay and LGBT community

Currently in Coral Ridge Towers there are 55  condos for sale  – median list price is $199,000 for a 2 bedroom 2 bathroom unit

Prices for condos range from just $106,000 to $339,000

It is important to note the each Tower has its own association and rules.  Typically one buyer must be over 55.

Also a minimum NET Income (after all expenses) is usually required – for example a minimum of $47,000 per year.

 

Search Coral Ridge Towers Condos for Sale

 

In this report I give an overview of condos for sale here in Coral Ridge Towers as well as my Pricing Guide outlining pricing and recent sales data as well as sales trends.

Coral Ridge Towers
Condos for Sale

There are currently 63 condos for sale here in popular LGBT / gay friendly Coral Ridge Towers – this is up from 55 condos / town homes for sale as in our last post!

This market analysis report for these units is presented below.

 $$ Beds/Baths SF/FF List Price
High 3 / 2 1,500 $350,000
Low 1 / 1 800 $114,900
Avg 2 / 2 1,057 $199,816
Med 1 / 1 900 $179,999


We can see from this report that the average list price for a Coral Ridge Towers condo is $199,816 –
this being for a 2 bedroom 2 bathroom unit of 1057 square feet with a list price to square foot price of $204.00

In our last post the average list price for a Coral Ridge Towers condo for sale was higher at $210,491 – this being for a 2 bedroom 2 bathroom unit of 1026 square feet with a list price to square foot price of $211.00

We can also see from this report that the median list price for a Coral Ridge Towers condo is $179,999 – this being for a 1 bedroom 1 bathroom unit of 900 square feet with a list price to square foot price of $198.00

In our last post the median list price for a Coral Ridge Towers condo was higher at $199,000 – this being for a 2 bedroom 2 bathroom unit of 900 square feet with a list price to square foot price of $203.00

The lowest price units is offered for sale for $114,900 – this being for a 1 bedroom 1 bathroom unit.  The highest price unit for sale is a 3 bedroom 2 bathroom unit which is offered for sale for $350,000.

Coral Ridge Towers
Pricing Guide

Here is our pricing guide to Coral Ridge Towers condos for sale.

Price Range Quantity
$149,999 or under 13
$150,000 – $199,999 27
$200,000 – $249,999 11
$250,000 – $299,999 8
$300,000 – $349,999 3
$350,000 – $399,999 1
Total 63

We can see from this guide the range of units for sale across a wide range of price posts.

It is important to note however that 43% of all the Coral Ride Towers condos for sale are priced between $150,000 and $199,999 – which appeals to many gay and LGBT buyers.

Look at the great views of the boats from this 2 bedroom unit in Coral Ridge Towers
Look at the great views of the boats from this 2 bedroom unit in Coral Ridge Towers

Coral Ridge Towers
Sales Prices by Bedroom

There have been 56 sales of condos here in gay friendly Coral Ridge Towers over the last 12 months – down ever so slightly from 57 condos sold over the preceding 12 months as in our last post!

Here is a summary of median prices for Coral Ridge Towers condos sold over the last 12 months – by bedroom.

Beds/Baths SF/FF Sale Price SP$/SqFt
1 / 1 800 $140,000 $175
2 / 2 1,150 $212,750 $188
3 / 2 1,400 $300,000 $214

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

Coral Ridge Towers studios – no studio units have been sold over the last 12 months as per the MLS

1 Bedroom Coral Ridge Towers condos is $140,000 – this being for a 1 bedroom 1 bathroom unit of 800 square feet with a list price to square foot price of $175.00 – up from $136,750 as in our last post!

2 Bedroom Coral Ridge Towers condos is $212,750 – this being for a 2 bedroom 2 bathroom unit of 1150 square feet with a list price to square foot price of $188.00 – down from $214,000 as in our last post!

3 Bedroom Coral Ridge Towers condos is $300,000 – this being for a 3 bedroom 2 bathroom unit of 1400 square feet with a list price to square foot price of $214.00 – up from $287,500 as in our last post!

 

Water views from a condo for sale in gay friendly Coral Ridge Towers Fort Lauderdale
Water views from a condo for sale in gay friendly Coral Ridge Towers Fort Lauderdale

Popular & Gay Friendly
Coral Ridge / Galt Ocean Mile

Coral Ridge is characterized by many luxury properties – especially single family homes and single family waterfront homes, while Galt Ocean Mile is characterized by direct oceanfront condominiums.

Condos in this popular gay friendly neighborhood typically run from $200,000 up-to and over the $1 Million dollar mark- so if you’re looking for an upscale community add this neighborhood to your short list.

As one of our companies top gay realtors / real estate agents – I know this neighborhood well and I can guide you to some very nice and very popular gay friendly complexes – one of which is Coral Ridge Towers!

Aerial view of Coral Ridge condos and Galt Ocean Mile condos
Aerial view of Coral Ridge condos and Galt Ocean Mile condos

Coral Ridge Condos
Market Report

There are currently 136 x condos / town homes for sale here in Coral Ridge – up from our last 2 posts!

This market analysis report for the units currently for sale here in Coral Ridge is presented below.

$$  Beds/Baths SF/FF List Price
High 5 / 4 3,962 $1,500,000
Avg 2 / 2 1,523 $383,965
Med 2 / 2 1,250 $292,000


We can see from this report that the average list price for a condo here in Coral Ridge is $383,965 and the median price is $292,000 –
down from our last post!

In our last post for December 2016 / January 2017 the average price was $445,345 and the median price is $312,500

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

Read More on Coral Ridge

Coral Ridge Towers Condos
vs Coral Ridge Condos

It is important to note is that Coral Ridge Towers condos for sale are well priced compared to the median prices for Coral Ridge condos.

It is important to note that for a median of $214,000 you can purchase a 2 bedroom 2 bathroom 1120 square foot unit here in Coral Ridge Towers.

This is almost $100,000 less than the median for Coral Ridge condos at $309,000 for a 2 bedroom 2 bathroom unit of 1276 square feet!

One of most popular comments I find as a gay realtor when showing gay and LGBT clients around Coral Ridge Towers is how close the complex is to the beach, stores and many shoppes.  Buyers just love the location!

Coral Ridge Towers condos offer a great range of choices too – from studios, to 1 bedroom, 2 bedroom and 3 bedroom units.

Many units also offer great Intracoastal and/or Ocean views in a great gay friendly community!

 

Kevin Wirth Realtor

I hope you have enjoyed my post on the popular gay friendly Coral Ridge Towers here in Fort Lauderdale

Kevin Wirth – Fort Lauderdale Gay Realtors.