Broward condo sales tumble to $381M in June

Las Olas Beach Club took top spot at $3.3M

Fort Lauderdale
Fort Lauderdale (Getty)

Broward County’s June condo closings and sales volume tumbled from May’s highs.

Condo sales reached $381 million in June, down from $414 million in May, yet still up from $336 million in April.

Brokers closed 1,128 sales In June, compared to 1,162 in May, Multiple Listing Service data from Redfin show.

June sale prices ranged from $60,000 to $3.3 million, with a median sale price of $250,000. The median price per square foot was $241, and ranged from $82 to $2,064.

By comparison, May sale prices ranged from $70,000 to $13.3 million, with a median sale price of $240,000. 

A condo at Las Olas Beach Club snagged June’s title of priciest sale, snapping a three-month streak held by Four Seasons Residences in Fort Lauderdale. Unit 2003 at Las Olas Beach Club, at 101 South Fort Lauderdale Beach Boulevard, sold for $3.3 million. Gianpierre Giusti with Coldwell Banker represented both sides of the deal. The deal breaks down to $1,087 per square foot. The unit sold after 36 days on the market.

 

   

   

  

  

Leaflet map created by Adam Farence | Data by © OpenStreetMap, under ODbl.

June’s cheapest sale bottomed out at Condado Real. Unit 209 at 5100 Southwest 41st Street in Pembroke Park sold for $60,000, or $82 per square foot. Patrick Musanda with Barrington Home Realty handled both sides of the deal. The condo spent 188 days on the market. 

Here are June’s notable Broward County condo sales: 

Most Expensive

Las Olas Beach Club, 101 South Fort Lauderdale Beach Boulevard, unit 2003 in Fort Lauderdale | Price $3,300,000 | $1,087 psf | Year built: 2007 | Listing agent: Gianpierre Giusti with Coldwell Banker | Buyer’s agent: Gianpierre Giusti with Coldwell Banker

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Least Expensive

Condado Real, 5100 Southwest 41st Street, unit 209 in Pembroke Park | Price $60,000 | $82 psf | Year built: 1973 | Listing agent: Patrick Musanda with Barrington Home Realty | Buyer’s agent: Patrick Musanda with Barrington Home Realty

Highest Price Per Square Foot

Four Seasons, 525 North Fort Lauderdale Beach Boulevard, unit 1207 in Fort Lauderdale | Price $2,700,000 | $2,064 psf | Year built: 2022 | Listing agents: Daniel and Enrique Teixeira, both with Douglas Elliman | Buyer’s agent: Ruchel Coetzee with Douglas Elliman

Lowest Price Per Square Foot

Condado Real, 5100 Southwest 41st Street, unit 209 in Pembroke Park | Price $60,000 | $82 psf | Year built: 1973 | Listing agent: Patrick Musanda with Barrington Home Realty | Buyer’s agent: Patrick Musanda with Barrington Home Realty

Newest

Four Seasons, 525 North Fort Lauderdale Beach Boulevard, unit 1207 in Fort Lauderdale | Price $2,700,000 | $2,064 psf | Year built: 2022 | Listing agents: Daniel and Enrique Teixeira, both with Douglas Elliman | Buyer’s agent: Ruchel Coetzee with Douglas Elliman

Oldest

Holiday Isle Yacht Club, 741 Bayshore Drive, Unit 2S in Fort Lauderdale | Price $395,000 | $555 psf | Year built: 1951 | Listing agent: Thomas Neiswenter with Keller Williams Realty

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