Residential sales and activity report for Real Estate in Fort Lauderdale:

As always this information is specific to the area of Fort Lauderdale that I cover. This consists of real estate in the neighborhoods of; Rio Vista, Victoria Park, Downtown Fort Lauderdale, Fort Lauderdale Beach, Harbor Beach, Lauderdale Harbors, Collee Hammock, Seven Isles, Nurmi Isles, Idlewyld, or Las Olas Isles. Essentially using Andrews Avenue as my western border, and the Atlantic Ocean as my eastern edge. I use Sunrise Boulevard to the north, and 17th Street down through Harbor Inlet as my southern border.

Single Family

  • There are 230 actively listed single family homes for sale
  • There were 16 new listings over the past 7 days
  • 156 of these homes are on some form of waterfront
  • 1 listing has 10+ bedrooms
  • 1 listings have 9 bedrooms
  • 3 listings have 8 bedrooms
  • 12 listings have 7 bedrooms
  • 29 listings have 6 bedrooms
  • 45 listings have 5 bedrooms
  • 58 listings have 4 bedrooms
  • 68 listings have 3 bedrooms
  • 13 listings have 2 bedrooms

Number of listings by asking price bracket:

  • 44 listings are priced above $5 million
  • 122 listings are priced between $1 million and $4.99 Million
  • 47 listings are priced between $500,000 and $999,000
  • 17 listings are priced below $500,000

There were 4 closed sales of single family homes for the week:

133 East Lake Drive (Harbor Beach) / 5 bedrooms, 5 full bathrooms, 1 half bathroom / Built in 2012 / Adjusted Square foot living area 7,406 per MLS / Sale Price $6,350,000 / Sale Price Per Square Foot $857 / Listed by Premier Estate Properties / Closing date 02/28/13 (waterfront property, brand new construction)

2415 Delmar Place (Seven Isles)/ 6 bedrooms, 6 bathrooms, 1 half bathroom / Built in 2009 / Adjusted Square Foot Living Area 4,986 Per MLS / Sale Price $2,175,000 / Sale Price Per Square Foot $436 / Listed by Better Homes and Gardens / Closing Date 02/28/13 (this is a great waterfront home.  Marble floors, top of the line kitchen, and a boat dock with lift.)

637 NE 18th Ave (Victoria Park)/ 3 bedrooms, 2 bathrooms, 1 half bathroom / Built in 1978 (though renovated throughout since) / Adjusted Square Foot Living Area 2,761 Per MLS / Sale Price $715,000 / Sale Price Per Square Foot $259 / Listed by Coral Shores Realty / Closing Date 03/01/13

827 SE 9th Street (Rio Vista)/ 2 bedrooms, 1 bathroom / Built in 1946 / Adjusted Square Foot Living Area 1,136 Per MLS / Sale Price $360,000 / Sale Price Per Square Foot $317 / Listed by Oliva Realty / Closing Date 03/05/13.

Condominium Listings and Sales

  • There are 432 actively listed condominiums for sale
  • There were 37 new listings over the past 7 days
  • 268 of these listings offer some type of water view
  • 1 listing has 5+ bedrooms
  • 13 listings have 4 bedrooms
  • 133 have 3 bedrooms
  • 156 have 2 bedrooms
  • 117 have 1 bedroom
  • 12 are Studio units

Number of listings by asking price bracket:

  • 70 listings are priced above $1 million
  • 126 listings are priced between $500,000 and $999,000
  • 94 listings are priced between $300,000 and 499,000
  • 142 listings are priced below $299,000

There were 20 closed sales Condominium/Townhouse/Apartment/Co-op transactions last week:

333 Las Olas Way Unit #210 (Downtown Fort Lauderdale) / Las Olas River House / 3 bedrooms, 3 bathrooms, 1 half bathroom / Built in 2005 / Adjusted Square Foot Living Area 3,470 per MLS / Sale Price $1,300,000 / Sale Price Per Square Foot $375 / Listed by Better Homes and Gardens / Closing date 03/04/2013

411 N New River Drive E Unit #3606 (Downtown Fort Lauderdale) / Las Olas Grand/ 3 bedrooms, 2 bathrooms, 1 half bathroom / Built in 2005 / Adjusted Square Foot Living Area 2,635 per MLS / Sale Price $1,400,000/ Sale Price Per Square Foot $531 / Listed by D’Angelo Realty / Closing date 02/28/2013 (great views as the unit is on the 36th floor)

1037 SE 2nd Ct (Collee Hammock) / Townhouse / 4 bedrooms, 4 bathrooms, 1 half bathroom / Built in 2004 / Adjusted Square Foot Living Area 4,834 per MLS / Sale Price $1,190,000/ Sale Price Per Square Foot $246 / Listed by Premier Int'l Properties/ Closing date 03/01/2013 (On a price per square foot basis the buyer made out very well on this deal given the location and year of construction)

100 S Birch Road Unit #2502 (Fort Lauderdale Beach) /Jackson Tower / 3 bedrooms, 2 bathrooms, 1 half bathroom/ Built in 2002 / Adjusted Square Foot Living Area 1,990 per MLS / Sale Price $770,000 / Sale Price Per Square Foot $387 / Listed by Charles Ruttenberg Realty/ Closing date 02/28/2013

333 Las Olas Way Unit #2609 (Downtown Fort Lauderdale) / Las Olas River House / 2 bedrooms, 2 bathrooms, 1 half bathroom / Built in 2004 / Adjusted Square Foot Living Area 2,141 per MLS / Sale Price $658,000 / Sale Price Per Square Foot $307 / Listed by Choice Realty / Closing date 02/28/2013

347 N New River Drive E Unit #2403 (Downtown Fort Lauderdale) / The WaterGarden/ 2 bedrooms, 2 bathrooms / Built in 2005 / Adjusted Square Foot Living Area unknown / Sale Price $595,000/ Sale Price Per Square Foot $unknown / Listed by D’Angelo Realty / Closing date 03/05/2013

1705 NE 5th Ct (Victoria Park) / Atelier Lofts Townhomes/ 3 bedrooms, 3 bathrooms, 1 half bathroom / Built in 2006 / Adjusted Square Foot Living Area 2,905 per MLS / Sale Price $380,000 / Sale Price Per Square Foot $130 / Listed by ReMax / Closing date 02/28/2013 (This was a short sale and sold at an extremely low price based on square foot and year of construction.  The buyer should be amazingly happy with this deal.)

411 NW 1st Ave Unit 604 (Downtown Fort Lauderdale/ Flagler Village) / Foundry Lofts / 2 bedrooms, 2 bathrooms / Built in 2007 / Adjusted Square Foot Living Area 1,363 per MLS / Sale Price $345,000/ Sale Price Per Square Foot $253 / Listed by Berger Realty/ Closing date 02/28/2013 (I've written about Foundry Lofts before, you can find that post here.  I'm a huge fan of loft style housing as I like high ceilings and large windows.)

350 Las Olas Place Unit 2420 (Downtown Fort Lauderdale) / 350 Las Olas Place / 2 bedrooms, 2 bathrooms / Built in 2005 / Adjusted Square Foot Living Area 1,202 per MLS / Sale Price $315,000/ Sale Price Per Square Foot $262 / Listed by Coldwell Banker Residential Realty/ Closing date 02/28/2013.

1405 NE 9th St (Victoria Park) / Victoria Park Place Townhomes/ 3 bedrooms, 2 bathrooms, 1 half bathroom / Built in 1985 / Adjusted Square Foot Living Area 2,176 per MLS / Sale Price $290,000 / Sale Price Per Square Foot $133 / Listed by Coral Park Realty / Closing date 03/01/2013. (Price was fair for buyer and seller considering age of property)

151 NE 16th Ave Unit #165 (Downtown Fort Lauderdale/ Victoria Park) / Pine Crest Village II / 2 bedrooms, 2 bathrooms / Built in 2004 / Adjusted Square Foot Living Area 1,280 per MLS / Sale Price $280,000 / Sale Price Per Square Foot $219 / Listed by Prime Real Estate Collection/ Closing date 02/28/2013.  (Pine Crest Village is very popular with those looking to rent.  However, each unit has only one parking space and there are no guest spaces.  This can become a large headache.)

110 N Federal Highway Unit #1002 (Downtown Fort Lauderdale) /The Waverly at Las Olas / 2 bedrooms, 2 bathrooms/ Built in 2005 / Adjusted Square Foot Living Area 1,269 per MLS / Sale Price $255,000 / Sale Price Per Square Foot $201 / Listed by Coldwell Banker Residential/ Closing date 03/01/2013 (Second closing in a week for roughly $200 psf in the Waverly.  I believe pricing at current levels in the building offers buyers a nice opportunity)

520 SE 5th Ave Unit #2602 (Downtown Fort Lauderdale) / Las Olas by the River/ 2 bedrooms, 2 bathrooms / Built in 2001 / Adjusted Square Foot Living Area unknown per MLS / Sale Price $230,000 / Sale Price Per Square Foot $unknown / Listed by McKafka Realty / Closing date 02/28/2013. (This unit was sold out of developers remaining inventory.  These units are excellent for investors looking to purchase and cash flow)

511 SE 5th Ave Unit #812 (Downtown Fort Lauderdale) / Nu River Landing Condo/ 2 bedrooms, 2 bathrooms / Built in 2005 / Adjusted Square Foot Living Area 1,300 per MLS / Sale Price $218,000 / Sale Price Per Square Foot $168 / Listed by Boca Executive Realty / Closing date 02/28/2013. (Nu River was built on land leased by the City of Fort Lauderdale.  Buyers and sellers need to be fully aware of that and the risks that come along with purchasing in the building.)

505 North Fort Lauderdale Beach Boulevard Unit #608 (Fort Lauderdale Beach) /Q Club Resort and Residences / Studio Unit / Built in 2006 / Adjusted Square Foot Living Area 533 per MLS / Sale Price $209,000 / Sale Price Per Square Foot $392 / Listed by Real Living Infinity / Closing date 02/27/2013 (direct ocean views, also in the Hilton condo hotel unit program)

151 NE 16th Ave Unit #171 (Downtown Fort Lauderdale/ Victoria Park) / Pine Crest Village II / 1 bedrooms, 1 bathrooms / Built in 2004 / Adjusted Square Foot Living Area 625 per MLS / Sale Price $184,000 / Sale Price Per Square Foot $294 / Listed by Prime Real Estate Collection/ Closing date 02/28/2013.

815 Middle River Drive Unit #218 (Fort Lauderdale Beach/ Galleria) / Middle River Villas Condo/ 1 bedrooms, 1 bathrooms / Built in 1979 /Adjusted Square Foot Living Area 560 per MLS/ Sale Price $150,000 / Sale Price Per Square Foot $268 / Listed by ReMax Realty / Closing date 03/04/2013.

1000 SE 4th St Unit #114 (Downtown Fort Lauderdale / Collee Hammock) / Riverview Gardens Condo / 1 bedroom, 1 bathroom / Built in 1959 / Adjusted Square Foot Living Area unknown / Sale Price $131,000 / Sale Price Per Square Foot $unknown / Listed by Keller Williams / Closing Date 03/06/13.  (Buyer got a nice deal in my opinion.  Building has an excellent location between Las Olas Boulevard and the Intracoastal.  Unit needs updating.)

1731 SE 15th Street Unit #407 (Lauderdale Harbors) / Cromwell West Condo/ 1 bedrooms, 1 bathrooms / Built in 1973 /Adjusted Square Foot Living Area 704 per MLS/ Sale Price $115,000 / Sale Price Per Square Foot $163 / Listed by Re/Max Realty / Closing date 02/27/2013. (This was a short sale transaction).

1625 SE 10th Ave Unit #805 (Lauderdale Harbors) /Runaway Bay Condo/ 1 bedrooms, 1 bathrooms / Built in 1974 /Adjusted Square Foot Living Area 800 per MLS/ Sale Price $112,000 / Sale Price Per Square Foot $140 / Listed by Prudential Florida Realty / Closing date 03/01/2013.

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I work as a real estate specialist in a small area of Fort Lauderdale. If you’re interested in buying or selling a home in: Rio Vista, Victoria Park, Downtown Fort Lauderdale, Fort Lauderdale Beach, Harbor Beach, Lauderdale Harbors, Collee Hammock, Seven Isles, Nurmi Isles, Idlewyld, or Las Olas Isles, please feel free to contact me at (786)443-7203 or through my email caseyprindle@gmail.com.

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Written By Casey Prindle