Broward County February Apartment Income Report

Broward County February Apartment Income Report

Broward County’s rental sales and dollar volume rose in February, with a sale at Auberge Beach front Residences & Spa leading the way.

February rental gross sales totaled $234 million, mounting from $209 million in January. Brokers shut 704 profits final month, up from 632 profits in January and down from 738 in December, Various Listing Assistance details from Redfin exhibit.

February sale rates ranged from $63,250 to $4.7 million, with a median sale value of $245,250. The rate per square foot ranged from $63 to $1,686, with a median of $236 for every sq. foot.

In January, product sales closed with a median price tag of $241,000, and $247 for each square foot.

A $4.7 million closing at Auberge took the title of priciest sale previous thirty day period. Device S1803 at 2200 North Ocean Boulevard in Fort Lauderdale offered for $1,686 for each square foot just after 302 times on the market. Nicole Bentz with Florida Lavish Houses experienced the listing, and Kelly Chalres with Compass Florida represented the consumer.

The sale selling price was additional than January’s priciest sale. Unit V15 at 3501 North Ocean Push in Hollywood sold for $3.1 million. 

In distinction, February’s lowest priced sale was a device at Holiday getaway Springs Village, at 3160 Holiday break Springs Boulevard in Margate. Device 7-104 traded for $63,250 — or $63 for every sq. foot — just after 75 times on the marketplace. Tommy Merced with Authentic Electrical power Brokers taken care of equally sides of the deal.

Leaflet map developed by Adam Farence | Info by © OpenStreetMap, beneath ODbl.

Here’s a breakdown of February’s noteworthy rental sales:

 

Most Costly

Auberge Beach front Residences & Spa, 2200 North Ocean Boulevard, device S1803, in Fort Lauderdale | Rate $4,700,000 | $1,686 psf | Year built: 2018 | Listing agent: Nicole Bentz with Florida Lavish Homes | Buyer’s agent: Kelly Charles with Compass Florida

 

The very least Highly-priced

Vacation Springs, 3160 Vacation Springs Boulevard, device 7-104, in Margate | Cost $63,250 | $88 psf | 12 months built: 1974 | Listing agent: Tommy Merced with Actual Power Brokers | Buyer’s agent: Tommy Merced with Genuine Electric power Brokers

 

Best Price For each Square Foot

Auberge Beach Residences & Spa, 2200 North Ocean Boulevard, device S1803, in Fort Lauderdale | Price tag $4,700,000 | $1,686 psf | Yr created: 2018 | Listing agent: Nicole Bentz with Florida Magnificent Properties | Buyer’s agent: Kelly Charles with Compass Florida

 

Lowest Value For each Sq. Foot

Drinking water Bridge, 1101 Northwest 58th Terrace, device 111, in Dawn | Value $65,000 | $63 psf | Calendar year built: 1973 | Listing agent: Todd Simonson with Cornerstone Serious Estate Broker | Buyer’s agent: Shiranie Kikutis with Coldwell Banker Realty

 

Newest

Aesthetic Flats, 1938 Jackson Avenue, device 404, in Hollywood | Selling price $480,000 | $493 psf | Calendar year developed: 2023 | Listing agent: Luz Colmenero with The Keyes Company

 

Oldest

Victoria Park Backyard, 719 Northeast 16th Avenue, unit 719D, in Fort Lauderdale | Price tag $335,000 | $358 psf | Yr designed: 1950 | Listing agent: Peter Barkin with Compass Florida | Buyer’s agent: Peter Barkin with Compass Florida

 



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