View condo for sale gay friendly Coral Ridge Towers complex gay friendly Coral Ridge neighborhood Fort Lauderdale

Coral Ridge Towers

Gay Friendly
Coral Ridge Towers

Welcome to my September 2018 / October 2018 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 39 condos for sale  – median list price is $186,777 for a 2 bedroom 2 bathroom unit

Prices for condos range from just $114,900 to $330,000

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 39 condos for sale here in popular LGBT / gay friendly Coral Ridge Towers – this is down from 43 condos for sale as in our last post for July / August 2018!

It is important to note that the inventory of gay friendly Coral Ridge Towers condos for sale continues to decline – down from an average of between 50-60 condos for sale during 2017.

This market analysis report for the 39 units currently for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 767 $114,900
Max 3 / 2 1400 $330,000
Avg 2 / 2 1050 $202,429
Median 2 / 2 1120 $186,777

We can see from this report that the average list price for a Coral Ridge Towers condo is $202,429 – this being for a 2 bedroom 2 bathroom unit of 1050 square feet with a list price to square foot price of $196.00

We can also see from this report that the median list price for a Coral Ridge Towers condo is $186,777 – this being for a 2 bedroom 2 bathroom unit of 1120 square feet with a list price to square foot price of $187.00 – up from our last 2 posts!

In our last post the median list price for a Coral Ridge Towers condo was lower at $179,700 – this being for a 2 bedroom 2 bathroom unit of 878 square feet with a list price to square foot price of $196.00

In our prior post the median list price for a Coral Ridge Towers condo was lower at $179,700 – this being for a 2 bedroom 2 bathroom unit of 878 square feet with a list price to square foot price of $196.00

The lowest price units is offered for sale for $114,900 – this being for a studio unit.  The highest price unit for sale is a 3 bedroom 2 bathroom unit which is offered for sale for $330,000.

Coral Ridge Towers
Pricing Guide

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

Price Range Quantity
$149,999 or under 9
$150,000 – $199,999 12
$200,000 – $249,999 8
$250,000 – $299,999 6
$300,000 – $349,999 4
Total 39

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

It is important to note that 21 units or just under 54% 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.

Coral Ridge Towers
Sales Prices by Bedroom

There have been 78 sales of condos here in gay friendly Coral Ridge Towers over the last 12 months – up slightly from the 76 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
0 / 1 500 $110,000 $220.00
1 / 1 800 $132,000 $165.00
2 / 2 1120 $185,500 $155.00
3 / 2 1400 $280,000 $201.00

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

Coral Ridge Towers Studio units is $110,000 – this being for a unit of 500 square feet with a list price to square foot price of $220.00 this is the same as in our last 2 posts!

1 Bedroom Coral Ridge Towers condos is $132,500 – this being for a 1 bedroom 1 bathroom unit of 800 square feet with a list price to square foot price of $165.00 – this is the same as in our last post!

2 Bedroom Coral Ridge Towers condos is $185,500 – this being for a 2 bedroom 2 bathroom unit of 1120 square feet with a list price to square foot price of $155.00down from $188,000 in our last post and $190,000 in our prior post!

3 Bedroom Coral Ridge Towers condos is $270,000 – this being for a 3 bedroom 2 bathroom unit of 1400 square feet with a list price to square foot price of $200.00 this is up from $270,000 as in our last 2 posts!

Waterfront views condo gay friendly Coral Ridge Towers Fort Lauderdale
Waterfront views from a condo here 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!

View Coral Ridge Towers complex in gay friendly Coral Ridge neighborhood Fort Lauderdale
View Coral Ridge Towers complex in gay friendly Coral Ridge neighborhood Fort Lauderdale

Coral Ridge Condos
Market Report

There are currently 92 x condos / town homes for sale here in Coral Ridge – well down from our last post!

This market analysis report for the 92 units currently for sale is presented below.

BEDS / BATHS LA LP$
Min 0 / 1 341 $86,999
Max 4 / 3 3465 $1,999,999
Avg 2 / 2 1311 $397,770
Median 2 / 2 1040 $269,298

We can see from this report that the average list price for a condo here in Coral Ridge is $397,770 and the median price is $269,298

It is important to note that the median is down from our last 2 posts!

In our last post for May / June 2018 the average price was $387,400 and the median price is $271,450

In our prior post for March / April 2018 the average price was $434,661 and the median price was $299,450

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 $186,777 you can purchase a 2 bedroom 2 bathroom 1120 square foot unit here in Coral Ridge Towers.

This is over $80,000 less than the median for Coral Ridge condos at $269,298 – for a 2 bedroom 2 bathroom unit of 1040 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 P.A. – Fort Lauderdale Gay Realtors.

This statistical report on comparable Coral Ridge Towers properties includes listing content from the MLS compilation and statistical MLS data – this data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market.  This report is based on information which is the © 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service Inc.