View condo for sale gay friendly Coral Ridge Towers -Coral Ridge 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 49  condos for sale  – median list price is $199,000 for a 2 bedroom 2 bathroom unit

Prices for condos range from just $134,900 to $349,900

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 41 condos for sale here in popular LGBT / gay friendly Coral Ridge Towers –down from our last 3 posts!

It is important to note that this is down from 49 condos for sale in our last post for July / August 2017 – which in turn was down from 53 condos for sale as in our prior post which was down from 63 condos / town homes for sale as in our earlier post!

In my mind the decrease in inventory is a reflection of the increasing popularity of this complex with both Gay Fort Lauderdale Realtors and gay and LGBT buyers!

This market analysis report for the 41 units currently for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 800 $125,000
Max 3 / 2 1400 $338,000
Avg 2 / 2 1018 $210,588
Median 2 / 2 1120 $199,000

We can see from this report that the average list price for a Coral Ridge Towers condo is $210,588 – this being for a 2 bedroom 2 bathroom unit of 1018 square feet with a list price to square foot price of $204.00 – up from our last 2 posts!

In our last post the average list price for a Coral Ridge Towers condo for sale was lower at $209,956 – this being for a 2 bedroom 2 bathroom unit of 1011 square feet with a list price to square foot price of $207.00

In our prior post the average list price for a Coral Ridge Towers condo for sale was lower at $205,500 – this being for a 2 bedroom 2 bathroom unit of 1072 square feet with a list price to square foot price of $209.00

We can also see from this report that the median list price for a Coral Ridge Towers condo is $199,000 – this being for a 2 bedroom 2 bathroom unit of 1120 square feet with a list price to square foot price of $194.00

In our last 2 posts the median list price for a Coral Ridge Towers condo was also $199,000 – this being for 1 bedroom 1 bathroom units!

The lowest price units is offered for sale for $125,000 – 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 $338,000.

Coral Ridge Towers
Pricing Guide

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

Price Range Quantity
$149,999 or under 6
$150,000 – $199,999 18
$200,000 – $249,999 9
$250,000 – $299,999 2
$300,000 – $349,999 6
Total 41

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 24 units or almost 60% of all the Coral Ride Towers condos for sale are priced under $199,999 – a price range which appeals to many gay and LGBT buyers.

Pool views gay friendly Coral Ridge Towers - Coral Ridge Fort Lauderdale
Pool views gay friendly Coral Ridge Towers – Coral Ridge Fort Lauderdale

Coral Ridge Towers
Sales Prices by Bedroom

There have been 70 sales of condos here in gay friendly Coral Ridge Towers over the last 12 months – the same number of 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 LA SP$ SP$/SqFt
1 / 1 800 $147,000 $188.00
2 / 2 1120 $205,000 $160.00
3 / 2 1400 $245,500 $176.00

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

1 Bedroom Coral Ridge Towers condos is $147,000 – this being for a 1 bedroom 1 bathroom unit of 800 square feet with a list price to square foot price of $188.00 – up from $144,500 in our last post and $139,250 as in our prior post!

2 Bedroom Coral Ridge Towers condos is $205,000 – this being for a 2 bedroom 2 bathroom unit of 1120 square feet with a list price to square foot price of $160.00 – down from $210,250 in our last post and $206,500 as in our prior post.

3 Bedroom Coral Ridge Towers condos is $245,500 – this being for a 3 bedroom 2 bathroom unit of 1400 square feet with a list price to square foot price of $176.00 – down from $245,500 in our last post asnd $282,500 as in our prior post!

Pool views from Coral Ridge Towers Fort Lauderdale
Pool views from 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 102 x condos / town homes for sale here in Coral Ridge – down from our last 2 posts!

There were 120 condos for sale in our last post for June / July 2017 and 131 condos for sale in Coral Ridge in our prior post for April / May 2017!

This market analysis report for the 102 units currently for sale is presented below.

BEDS / BATHS LA LP$
Min 0 / 1 440 $88,800
Max 4 / 4 3829 $1,850,000
Avg 2 / 2 1496 $427,634
Median 2 / 2 1250 $297,889

We can see from this report that the average list price for a condo here in Coral Ridge is $427,634 and the median price is $297,889 –down slightly from our last post!

In our last post for June / July 2017 the average price was $427,377 and the median price was $299,000

It is important to note that while median prices in this post are down a little this month, overall median prices have been slowly on the rise

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

Coral Ridge Towers Condos
vs Coral Ridge Condos

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 $199,000 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 $297,889 for a 2 bedroom 2 bathroom unit of 1250 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!

Read More on Coral Ridge

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.