Ft. Lauderdale Oceanfront Condos

Prices for Ft. Lauderdale’s most recently constructed
Oceanfront Condos

 

L'Hermitage Condo in Ft. Lauderdale

 

The most recently constructed direct Oceanfront Condos (on the Beach–not across from it) in Ft. Lauderdale are 4 Buildings that were constructed between 1997 – 2007.  Everything is relative, so even though these 4 Condos were constructed 10 – 20 Years ago, they are considered to be “recent” construction for the Ft. Lauderdale Beach area since the other direct Beachfront Condos in Ft. Lauderdale were built during the 1960’s – 1980’s.

These 4 Condos are L’Hermitage, L’Ambiance, The Palms, and Coconut Grove Residences.

Below are details about prices for Units that were purchased within the last 6 Months (October, 2016 – April, 2017) at each Building and currently available Inventory.   Currently, Inventory is low–as evidenced by the fact that each of the Buildings have less than 10% of their total Units on the Market for sale. 10% of a Building’s total Units is considered to be an average level of available Inventory of Units for sale.

Condo Total # of Units in the Building # of Units for Sale Units Sold Purchase Price Range Average Purchase Price
Coconut Grove Residences 63 4 1 $655,000 $1,400,000
L’Ambiance 126 7 0 N/A $965,000
L’Hermitage 444 17 11 $865,000 – $3,100,000 $1,325,000
The Palms 194 18 4 $825,000 – $1,175,00 $1,075,000

 

To view listings in each Building and additional information about each, click the Condo’s linked name in the Table above.

For Buyers who are interested in new Oceanfront Condos ON the Beach in Ft. Lauderdale, Auberge Beach Residences, which is currently under construction and estimated for delivery in 2017 – 2018, is the only available choice.  Of new Condos that are being constructed in Ft. Lauderdale, Auberge is the only one that’s ON the Beach (not across from the Beach or in some other location).   Average prices at Auberge are $1,000+ PSF (Per Square Foot).  Prices start at $1,400,000 for the smallest Unit at Auberge, which has 1 Bedroom, 2 Baths, a Den and 1,355 Square Feet of Living Area. Auberge will include a total of only 171 Residences.  Click here to review information about Auberge Beach Residences.

Related information:

Get South Florida Real Estate & Lifestyle News in your Inbox or Feed Reader

Subscribe via RSS

Don't miss important news about South Florida Lifestyle and Real Estate Market conditions!

Subscribe via RSS or email delivery