Broward condo sales regain lost ground, reach $414M in May 

Broward County condo sales finished strong in May. Total dollar volume and sales made up for ground lost in April and surged past March’s totals.

Condo sales reached $414 million in May, up from $336 million in April and marking a record for this year. Sales for March, February and January were $379 million, $238 million and $250 million, respectively.

Brokers closed 1,162 sales last month, compared to 962 in April, Multiple Listing Service data from Redfin show.

May sale prices ranged from $70,000 to $13.3 million, with a median sale price of $240,000. The median price per square foot was $234 — the same as April’s — and ranged from $76 to $2,133.

By comparison, April sale prices ranged from $75,000 to $4.2 million, with a median sale price of $240,000.

Similar to April and March, a condo at Four Seasons Residences in Fort Lauderdale took the top spot. Unit 702 at 525 North Fort Lauderdale Beach Boulevard snagged May’s priciest sale at $13.3 million. Daniel Teixeira with Douglas Elliman represented both sides of the deal. The sale breaks down to $2,133 per square foot. It sold after 420 days on the market.

May’s cheapest sale bottomed out at Park South, where unit 204 at 1280 Northwest 43rd Street in Lauderhill sold for $70,000 — or $96 per square foot. Steven Pizzuto with Castelli Real Estate had the listing, and Sharica Black with Charles Rutenberg Realty represented the buyer. The condo spent 429 days on the market.

Here are the highlights from May’s Broward County condo sales: 

Most Expensive

Four Seasons Residences, 525 North Fort Lauderdale Beach Boulevard, unit 2102 in Fort Lauderdale | Price $13,250,000 | $2,133 psf | Year built: 2022 | Seller’s agent: Daniel Teixeira with Douglas Elliman | Buyer’s agent: Daniel Teixeira with Douglas Elliman

Least Expensive

Park South, 1280 Northwest 43rd Avenue, unit 204 in Lauderhill | Price $70,000 | $96 psf | Year built: 1970 | Listing agent: Lance Randall with Keller Williams Elite Properties | Buyer’s agent: Lance Randall with Keller Williams Elite Properties

Highest Price Per Square Foot

Four Seasons Residences, 525 North Fort Lauderdale Beach Boulevard, unit 2102 in Fort Lauderdale | Price $13,250,000 | $2,133 psf | Year built: 2022 | Seller’s agent: Daniel Teixeira with Douglas Elliman | Buyer’s agent: Daniel Teixeira with Douglas Elliman

Lowest Price Per Square Foot

Castle Gardens, 2271 Northwest 47th Terrace, unit 214 in Lauderhill | Price $70,000 | $76 psf | Year built: 1972 | Listing agent: Steven Pizzuto with Castelli | Buyer’s agent: Sharica Black with Charles Rutenberg Realty

Newest

Four Seasons Residences, 525 North Fort Lauderdale Beach Boulevard, unit 2102 in Fort Lauderdale | Price $13,250,000 | $2,133 psf | Year built: 2022 | Seller’s agent: Daniel Teixeira with Douglas Elliman | Buyer’s agent: Daniel Teixeira with Douglas Elliman

Read more

South Florida

MAP: Where certain foreign buyers will be banned from buying South Florida real estate

South Florida

Ritz-Carlton closing leads Miami-Dade weekly condo sales

Chicago

Foreclosure map: Lenders ease off Cook County takeaways

South Florida

Miami-Dade condo sales rise in May to $742M

Oldest

East Virginia Kaye, 1187 Hillsboro Mile, unit 12E in Hillsboro Beach | Price $500,000 | $980 psf | Year built: 1950 | Listed by Gina Harwood with the Keyes Company