View of the ocean from a Ft Lauderdale Penthouse

Fort Lauderdale Penthouses

Buyers Guide to Ft Lauderdale Penthouses

As a Ft Lauderdale Gay Real Estate Agent I am often asked by my Gay and LGBT buyers – what would I recommend when looking at condos here in Fort Lauderdale.

My reply is lets look at/include penthouse units…

Search Fort Lauderdale Penthouses from $100K to $600K

Condo Living here in Fort Lauderdale is great – we have many great complexes set along the beach, river and waterfront – many of these in neighborhoods/complexes that are very popular with gay and LGBT buyers and there are many great choices priced from the $200,000 upto $600,000

View from a Ft lauderdale Penthouse on the Intracoastal

The only real issue when looking at condos is the “noise” factor – especially neighbours. As a Ft Lauderdale Gay Real estate Agent with over 14 years experiance I can tell you that many complexes have noise issues – especially those built from the 1950s to 1970s.

With this in mind – penthouse units in these complexes offer a chance to reduce the noise level as you are on the top floor.

Market Analysis Report
Fort Lauderdale Penthouses

Here is the market analysis report for penthouses here in Ft Lauderdale – for units priced under $600,000.

#Beds

#FBaths

SF/FF

List Price

LP$/SqFt

High

3

3

2,605

$599,000

$491

Low

1

1

620

$39,900

$0

Average

2

2

1,347

$275,413

$201

Median

2

2

1,256

$266,950

$191

We can see from this report that the average price for a Ft Lauderdale Penthouse unit in this price range is $275,413 and the median price is $266,950.

As a Ft lauderdale Gay Real Estate Agent many of my clients are surprised to see that the average and median prices for penthouses are both under $300,000.

The word “penthouse” has connotations to many buyers of a luxury unit with a high price tag!

Penthouse Pricing Guide

Here is our Penthouse Pricing Guide

Price Range

Quantity

$149,999 or under

18

$150,000 – $199,999

11

$200,000 – $249,999

4

$250,000 – $299,999

10

$300,000 – $349,999

6

$350,000 – $399,999

7

$400,000 – $449,999

6

$450,000 – $499,999

3

$500,000 – $549,999

5

$550,000 – $599,999

2

Total

72

We can see from this guide the levels on inventory or number of penthouse units that are for sale across different price points.

It is great to see that their is a strong inventory of penthouse units for sale priced from under $150,000 – $200,000 with the second largest inventory being for penthouse units priced from $250,000 – $299,999.

So if you looking at condos here – take my advice as a Ft Lauderdale Gay Real Estate Agent for over 14 years – and add penthouse units to your list of units to view.