Broward County’s condo sales jumped very last month, with closings and overall greenback quantity larger than in February.
March rental profits totaled $300 million, climbing from $234 million in February. Brokers closed 841 product sales last thirty day period, up from 704 gross sales in February and 632 in January, Many Listing Provider details from Redfin display.
March sale charges ranged from $70,000 to $7.2 million, with a median sale rate of $240,000. The value per sq. foot ranged from $74 to $1,682, with a median of $243 for each square foot.
In February, gross sales shut with a median rate of $245,250, and $236 for every square foot.
A nearly $7.2 million closing at Auberge took the title of priciest sale final month. Unit S1805-1806 at 2200 North Ocean Boulevard in Fort Lauderdale offered for $1,682 for every sq. foot following 158 times on the sector. Steven Seigel with Compass managed equally sides of the deal.
The sale price was extra than February’s priciest sale. Unit S1803, also at Auberge, closed for $4.7 million.
In distinction, March’s most inexpensive sale was a Dawn Lakes Phase 3 rental at 9041 Sunrise Lakes Boulevard in Dawn. Unit 110 traded for $70,000 — or $113 per square foot — soon after 111 days on the current market. Mervin Moss with RE/MAX Immediate experienced the listing. Rairhard Rosas with The Acres Leading Qualities represented the purchaser.
Here’s a breakdown of March’s notable apartment sales:
Most High-priced
Auberge, 2200 North Ocean Boulevard, device S1805-1806, in Fort Lauderdale | Value $7,150,000 | $1,682 psf | Calendar year constructed: 2018 | Listing agent: Steven Seigel with Compass | Buyer’s agent: Steven Seigel with Compass
The very least Costly
Dawn Lakes Period 3, 9041 Sunrise Lakes Boulevard, device 110, in Sunrise | Price tag $70,000 | $113 psf | Year constructed: 1977 | Listing agent: Mervin Moss with RE/MAX Direct | Buyer’s agent: Rairhard Rosas with The Acres Leading Houses
Optimum Value For every Square Foot
Auberge, 2200 North Ocean Boulevard, unit S1805-1806, in Fort Lauderdale | Selling price $7,150,000 | $1,682 psf | Year constructed: 2018 | Listing agent: Steven Seigel with Compass | Buyer’s agent: Steven Seigel with Compass
Most affordable Price tag Per Sq. Foot
Cypress Tree, 2501 Northwest 41st Avenue, unit 301, in Lauderhill | Price $72,000 | $74 psf | 12 months developed: 1979 | Listing agent: Krishna Harry with Very first Global Fiscal Providers | Buyer’s agent: Rosario Gracequi De Lugardo with Keller Williams Realty Consultants
Most recent
124 Residences, 124 Hendricks Isle, device 201, in Fort Lauderdale | Cost $2,600,000 | $1,138 psf | Yr crafted: 2023 | Listing agent: Andrew Ziffer with Compass Florida | Buyer’s agents: Linda Seitel and Dennis Stevick with Just one Sotheby’s Intercontinental Realty
Oldest
Sea Club, 1221 Hillsboro Mile, device 45B, in Hillsboro Seashore | Price tag $350,000 | $412 psf | Year constructed: 1955 | Listing agent: Andrea Joy with United Realty Team | Buyer’s agent: Andrea Pleasure with United Realty Group