Learn More About Fort Lauderdale, Florida
Currently there are 1,045 homes for sale, 1,545 condos and apartments for sale, 48 vacant land for sale, 3 villa for sale and 66 townhomes for sale
Fort Lauderdale is a popular tourist destination located in Southern Florida. This city can be found along the South Atlantic coast and is home to approximately 167,370 residents. While it may be overcrowded with the combination of locals and visitors who head to the area all throughout the year, this city has a lot to offer home buyers who are looking to move to a busy community where boredom is not an option.
Why Move to Fort Lauderdale?
Fort Lauderdale is an attractive coastal city that is known as the Venice of America. This location is most famous for its many beaches, vivid nightlife and subtropical climate. Residents of the area enjoy spending time outdoors all throughout the year whether they are spending time at the oceanfront, shopping, or enjoying a delicious meal at one of the many locally owned restaurants.
The cost of living in Fort Lauderdale is higher than the national average at around 18.40%. While some may view this as a disadvantage, many residents enjoy the fact that they can live within a tropical paradise, surrounded by a wealth of amenities and conveniences. The unemployment rate is lower than the US average which is a plus for young adults moving to the area. Job growth is also expected to remain positive in the coming years.
Homes in Fort Lauderdale
Fort Lauderdale caters to the masses and has a variety of homes for sale fit for any lifestyle and budget. The median home cost for the area is $240,500 with home appreciation up 15.70% within the past year. The real estate market is ever-changing in southern Florida, however sales for residential properties have been on the rise with the average listing price gradually increasing over the past several years.
The communities within Fort Lauderdale include homes for sale designed for every budget plan. Upscale communities such as Coral Ridge and Central Beach have properties that range in price from $350k up to $8,499,500. These communities have homes situated on country club golf courses and ocean view waterfront lots. There are also townhouses and condos available within these communities starting at $117k.
A selection of more affordable single family homes can be found within the Victoria Park community located along East Federal Highway US1. This community has many 20th century built homes as well as luxury style condos and townhouses. Home prices range from $200k to over $2 million.
Schools in Fort Lauderdale
Students who live in Fort Lauderdale attend public schools that are part of the Broward County Public Schools District. These facilities include…
· Bayview Elementary School
· Virginia Shuman Young Elementary School
· Sunrise Middle School
· Fort Lauderdale High School
About the Community
Home buyers who are considering moving to the South Florida area may be attracted to the Fort Lauderdale community because of its beautiful beaches, amazing climate and many amenities. Since it is also a major tourist location, newcomers to the area should expect areas to be overcrowded at times, especially during the summer season.
A favorite area among tourists and locals alike is Fort Lauderdale Beach also known as The Strip. This section of the beach is located between Las Olas Blvd. and Sunrise Blvd. It is home to popular bars and restaurants such as the Beach Place, Bonnet House and the Elbo Room which is one of the last remaining spring break bars from the 1960’s.
The Suburban area of Fort Lauderdale is the best place for families because it is filled with parks, museums and cultural centers to keep the younger residents entertained. Popular attractions in this area include the Hugh Taylor Birch State Park, Florida Everglades Holiday Park and the Sawgrass Mills shopping center.
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As of 04/16/2024 ByOwner has 2876 properties in Fort Lauderdale.
There are 1045 single-family homes being put up for sale by their owners.
Condos in Fort Lauderdale are also available to buyers, with 1545 condominiums listed presently..
Single-family homes in Fort Lauderdale sell for roughly $1,164,785. The typical price for a condominium runs around $3,161,408. Pricing these properties in our inventory per square foot, the average sits at $310 per sq. ft.
ByOwner participated in 146 home /property sales in Fort Lauderdale last year overall. By property classification, single-family residences in Fort Lauderdale sold by a number of 70 . Meanwhile, condos in Fort Lauderdale accounted for 56 sales.
Averaging out the sales prices of the single-family houses sold in Fort Lauderdale during all of last year gives a figure of $1,164,785 or, if you will, $1,306 per square foot of living area. Living space excludes closets, garages and other rooms for storage or utilities.
Condos in Fort Lauderdale normally sold for around $3,161,408 last year. The square footage average sale rate sits at $1,033.
