Fort Lauderdale Condos
$200,000 – $400,000
Welcome to my Fort Lauderdale Gay Realtors Guide to condos for sale priced from $200,000 – $400,000 – focusing in on oceanfront condos.
Fort Lauderdale offers a great choice of condos in this price range
Currently there are 2470 Fort Lauderdale condos for sale in this price range – so there is plenty of selection.
Of these 2470 condos currently for sale 437 are oceanfront units
In our last post for January / February 2016 there were 2204 condos for sale of which 380 condos were oceanfront units.
The Price analysis report below show the inventory of condos for sale in each of the price ranges.
What is important to note however from this report is that these numbers represent condos for sale across Greater Fort Lauderdale and do not take into account individual neighborhoods.
Fort Lauderdale like any city varies by the block and while overall many parts of Fort Lauderdale are popular with the gay community – there are some communities / neighborhoods that are less popular – ones that as a Gay Fort Lauderdale Realtor – I personally would not recommend.
Here is our Fort Lauderdale Pricing Guide for Oceanfront Condos priced from $200,000 to $400,000.
|$200,000 – $249,999||48|
|$250,000 – $299,999||117|
|$300,000 – $349,999||128|
|$350,000 – $400,000||140|
We can see from this report that the inventory of units for sale is fairly evenly spread for units priced $250,000 – $400,000
Also encouraging is that there are oceanfront units for sale that are priced under $249,999 – with 48 units for sale (which is actually up from 44 oceanfront condos for sale as in our last post).
Important for buyers of Fort Lauderdale oceanfront condos to take into account – is that often times there will be a trade-off – between unit size and neighborhood / location.
Often time buyers come in with a specific desire to be in a popular gay neighborhood – however they find that their options in this price range can be limited.
As one of our companies top Gay Fort Lauderdale Realtors – I can guide you on other options, in communities that are gay friendly and popular with the Gay/LGBT community.
Median Prices by Bedroom
Here is a summary chart of median prices for Oceanfront Condos currently for sale – units priced between $200K – $400K.
|0 / 1||533||$282,500||$535|
|1 / 1||877||$310,000||$342|
|2 / 2||1,200||$349,000||$281|
|3 / 2||1,850||$365,000||$199|
We can see from this report that the median price for:
- Oceanfront Studios is $285,500 – this being for a 533 square foot unit with 1 bathroom and a list price to square foot price of $535.00
- 1 Bedroom Condos is $310,000 – this being for a 877 square foot unit with 1 bedroom and 1 bathroom and a list price to square foot price of $342.00
- 2 Bedroom Condos is $349,000 – this being for a 1200 square foot unit with 2 bedrooms and 2 bathrooms and a list price to square foot price of $281.00
- 3 Bedroom Condos is $365,000 – this being for a 1850 square foot unit with 3 bedrooms and 2 bathrooms and a list price to square foot price of $199.00
As a Fort Lauderdale Realtor / Real Estate Agent I personally find this summary chart useful.
I breakdown and discuss each category further below.
There are 18 oceanfront studios in this price range – with prices from $224,900 – $360,000 – In our last post there were 21 oceanfront studios for sale.
Our market analysis report for these units is presented below.
|High||0 / 1||811||$399,900|
|Low||0 / 1||320||$205,000|
|Avg||0 / 1||542||$285,250|
|Med||0 / 1||533||$282,500|
Typically studios run at around $535.00 – $550.00 per square foot based on median prices – but they can go all the way to $1,000.00 or more – especially for Luxury Condo Hotel Units.
Fort Lauderdale has a great selection of Hotel / Condos that can be placed into the Hotel rental program – two of the most popular Hotel Condos is The Hilton Fort Lauderdale Beach Resort & The Atlantic Hotel.
The median price for a studio currently for sale in this price range in Fort Lauderdale is $282,500
This is down a little from our last post when the median price for an oceanfront studio was $285,500!
Generally a studio is around 500 – 550 square feet in size
1 Bedroom Units
There are 241 x 1 bedroom oceanfront condos in this price range – this is up from our last post there were 213 x 1 bedroom oceanfront condos for sale.
The market analysis report for these units is presented below
|High||1 / 2||1,450||$400,000|
|Low||1 / 1||500||$200,000|
|Avg||1 / 1||910||$309,764|
|Med||1 / 1||877||$310,000|
Typically 1 bedroom condos run at $345.00 – $355.00 per square foot based on median prices – but they can go all the way to $850.00 or more.
The median price for a 1 bedroom 1 bathroom unit is $310,000 – this is up from $310,000 in our last post!
Generally a 1 Bedroom condo is around 850 – 900 square feet in size.
2 Bedroom Units
In my experience 2 Bedroom units are by the most sought after unit with Fort Lauderdale gay realtors. Currently there are 173 x 2 bedroom oceanfront condos in this price range
This is well up from the 144 x 2 bedroom units for sale as in our last post!
|High||2 / 2||1,770||$399,999|
|Low||2 / 1||836||$212,900|
|Avg||2 / 2||1,191||$339,806|
|Med||2 / 2||1,200||$349,000|
Typically 2 bedroom condos run at $280.00 – $290.00 per square foot based on median prices – but they can go all the way to $450.00 or more.
The median price for a 2 bedroom unit is $349,000 – much the same as in our last report when the median was $349,900!
Generally a 2 bedroom condo is around 1100 – 1200 square feet in size – though some can be much smaller.
3 Bedroom Units
There are 5 x 3 bedroom oceanfront condo for sale in this price range – this is up from 2 x 3 bedroom condos for sale as in our last post!
The market analysis report for this unit is presented below
|High||3 / 2||1,850||$399,800|
|Low||3 / 2||1,850||$249,500|
|Avg||3 / 2||1,850||$326,740|
|Med||3 / 2||1,850||$365,000|
Typically 3 bedroom condos run at $200.00 – $220.00 per square foot based on median prices – but they can go all the way to $250.00 or more.
The median price for 3 bedroom units is $365,000 – in our last post the median was $388,000.
Generally a 3 bedroom condo is around 1800 – 1900 square feet in size.
Note: As you increase unit size in this price range you tend to move further away from central Fort Lauderdale and away from some the more popular gay friendly neighborhoods.
There are however still many great neighborhoods /communities that are popular with the Gay/LGBT community that are well worth considering.
In each post I like to feature a popular gay friendly neighborhood.
A popular neighborhood with Fort Lauderdale Gay Realtors including myself is North Beach – a great neighborhood set between the Intracoastal and the Ocean!
Currently in the popular and gay friendly neighborhood of North Beach here in Fort Lauderdale there are 50 condos for sale – down from 59 condos for sale in our last post.
Our market analysis report for these units is presented below.
|High||3 / 2||1,573||$389,000|
|Low||0 / 1||470||$225,000|
|Avg||1 / 1||794||$303,442|
|Med||1 / 1||718||$299,250|
We can see from this report that the:
- Average price for a condo in this price range here in North Beach is $303,442 – this being for a 1 bedroom 1 bathroom unit of 794 square feet. In our last post the average price for a condo in this price range here in North Beach was higher at $312,551 – this being for a 1 bedroom 1 bathroom unit of 799 square feet.
- Median price for a condo in this price range here in gay friendly North Beach is $299,250 – this being for a 1 bedroom 1 bathroom unit of 718 square feet. In our last post the median price for a condo in this price range here in gay friendly North Beach was higher at $309,900
We can also see that the lowest price unit is offered for sale for $225,000 – this being a studio unit, and that the most expensive unit is offered for sale for $389,000 – this being a 3 bedroom 2 bathroom unit.
Most Fort Lauderdale gay realtors will agree that this popular gay friendly community is one that is well worth considering – especially if your looking to purchase a Fort Lauderdale condo in the price range of $200,000 – $400,000.
I hope this post on Fort Lauderdale condos for sale priced from $200K to $400K has been enlightening – we try to update and post these each month – Kevin Wirth – Fort Lauderdale Gay Realtors