Why Live in Downtown Fort Lauderdale
Downtown Fort Lauderdale is a vibrant neighborhood known for its arts, culture, and entertainment, offering residents a lively environment where they can live, work, and play. The area is home to a bustling financial district, a variety of dining and shopping options, and a scenic riverwalk. Las Olas Boulevard serves as the central hub for shopping and dining, featuring a range of restaurants, bars, boutiques, and art galleries. Notable dining spots include Rocco’s Tacos and Eddie V’s Prime Seafood. The neighborhood hosts several festivals, such as the Las Olas Art Fair and Christmas on Las Olas, and locals enjoy events at The Wharf, an open-air venue by the river. For those interested in things to do, the NSU Art Museum and Stranahan House Museum offer cultural and historical experiences. Housing options consist mainly of upscale high-rise condos and apartments with waterfront views, built from 2000 onwards, featuring luxury amenities like balconies and fitness centers. The area is well-connected, with easy access to Interstate 95, the Brightline train, and Fort Lauderdale-Hollywood International Airport, six miles away. Schools in the area include highly rated options such as Pine Crest, Virginia Shuman Young Elementary, and Fort Lauderdale High. While the neighborhood is thriving, it is important to note that Fort Lauderdale is prone to flooding from high tides and storms.
Home Trends in Downtown Fort Lauderdale, FL
On average, homes in Downtown Fort Lauderdale, Fort Lauderdale sell after 118 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Fort Lauderdale, Fort Lauderdale over the last 12 months is $641,250, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$641,250
Median Single Family Sale Price
$670,000
Median Townhouse Sale Price
$685,000
Median 2 Bedroom Sale Price
$620,000
Median 1 Bedroom Sale Price
$400,000
Average Price Per Sq Ft
$603
Number of Homes for Sale
118
Last 12 months Home Sales
116
Median List Price
$739,000
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
-8%