Prices for Ft. Lauderdale’s most recently constructed
Oceanfront Condos
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 9 – 19 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 (September of 2015 – March of 2016) 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.
Condo | Total # of Units | # of Units for Sale | Units Sold | Purchase Price Range | Average Purchase Price |
Coconut Grove Residences | 63 | 4 | 1 | $1,550,000 | $1,550,000 or $484 PSF |
L’Ambiance | 126 | 6 | 1 | $1,270,000 | $1,270,000 or $449 PSF |
L’Hermitage | 444 | 31 | 10 | $1,150,000 – $2,725,000 | $1,518,878 or $615 PSF |
The Palms | 194 | 11 | 4 | $1,200,000 – $2,300,000 | $1,662,500 or $635 PSF |
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 late 2017, is the only available choice. Of new Condos that are being constructed in Ft. Lauderdale, Auberge is the only one that will be on the Beach (not across from the Beach or in some other location). Average prices at Auberge are $1,000+ PSF (Per Square Foot). Auberge will include a total of only 171 Residences. Click here to review information about Auberge Beach Residences.
Related information: Ft. Lauderdale Luxury Condos