Sea Ranch Club Market Update
April 2023 / May 2023
Welcome to my Sea Ranch Club Lauderdale by the Sea market update for April 2023 / May 2023. In this update I outlined Key Statistics as well as my market commentary.
I also outline sales prices for Sea Ranch Club 4900-5100 N Ocean Blvd, Lauderdale by the Sea condos by bedroom – 1 bedroom units, 2 bedroom units and 3 bedroom units. Following this I outline Sea Ranch Club condos sales for the last 6 months by unit.
Sea Ranch Club Key Statistics
April 2023 / May 2023
- There have been 10 Sea Ranch Club Lauderdale by the Sea condo sales over the last 6 Months – down from 15 in our last post!
- Sales Prices from $475,000 – $967,000
- 1 Bedroom Units
- 2 x 1 Bedroom Units Sold
- Sales Prices $475,000 – $535,000
- Median Sales Price $505,000
– 1 Bed / 1 Bath Unit - Median Sp$/Sqft $421.00
- 2 Bedroom Units
- 7 x 2 Bedroom Units Sold
- Sales Prices $670,000 – $967,000
- Median Sales Price $850,000
– 2 Bed / 2 Bath Unit - Median Sp$/Sqft $500.00
- 3 Bedroom Units
- 1 x 3 Bedroom Unit Sold
- Sales Price $854,600
– 3 Bed / 2 Bath Unit - Median Sp$/Sqft $480.00
Sea Ranch Club Condos Market Commentary
Here are two very important market statistics relative to Sea Ranch Club Lauderdale by the Sea Direct Oceanfront Condos
- We continue to see some of the lowest Number of Lauderdale by the Sea / 33308 Oceanfront Condos for Sale in 10 Years!
As at April 14th 2023 there are just 37 direct oceanfront condos for sale! - The Market – Currently there is a 5 Month’s Supply of Lauderdale by the Sea / Zip 33308 Oceanfront Condos for Sale!
6 Months is considered “Normal” – Months of supply is a good indicator of whether a particular real estate market is favoring buyers or sellers. Typically, a market that favors sellers has less than 6 months of supply, while more than 6 months of supply indicates an excess of homes for sale that favors buyers.
Kevin Wirth P.A. Realtor 954-459-0337 .
Thinking of Selling?
Call me today to find out what your home’s WIRTH!
Awarded Castelli’s #1 Agent: 2016, 2017, 2018, 2019 & 2020
Over 200 Condos Sold – yes by me personally
#1 Agent – Last 5+ Years
I specialize in the marketing and selling of direct oceanfront condos here in Lauderdale by the Sea and on Galt Ocean Mile!
Phone: 954-459-0337 Email: [email protected]
Sea Ranch Club Lauderdale by the Sea Condo Sales Last 6 Months
There have been 10 sales of Sea Ranch Club 4900-5100 N Ocean Blvd, Lauderdale by the Sea condos over the last 6 months – this is well down from the 15 x Sea Ranch Club Lauderdale by the Sea condos sold over the preceding 6 months as in our last post for January / February 2023!
Here is our market summary report for those sales.
| BEDS / BATHS | LA | SP$ | SP$/SqFt | |
| Min | 1 / 1 | 1,200 | $475,000 | $396.00- |
| Max | 3 / 3 | 1,800 | $967,000 | $614.00 |
| Avg | 2 / 2 | 1,534 | $760,360 | $493.00 |
| Median | 2 / 2 | 1,550 | $831,000 | $479.00 |
We can see from this report that the average sales price for a Sea Ranch Club Lauderdale by the Sea condo sold over the last 6 months has been $760,360 – this being for a 2 bedroom 2 bathroom 1534 square foot unit with a sales price to square foot price of $493.00
In our last post the average sales price for a Sea Ranch Club Lauderdale by the Sea condo sold over the last 6 months was higher at $790,440 – this being for a 2 bedroom 2 bathroom 1607 square foot unit with a sales price to square foot price of $491.00
We can also see from this report that the median sales price for a Sea Ranch Club 4900-5100 N Ocean Blvd, Lauderdale by the Sea condo sold over the last 6 months has been $831,000 – this being for a 2 bedroom 2 bathroom 1550 square foot unit with a sales price to square foot price of $479.00
In our last post the median sales price for a Sea Ranch Club 4900-5100 N Ocean Blvd, Lauderdale by the Sea condo sold over the preceding 6 months was lower at $825,000 – this being for a 2 bedroom 2 bathroom 1700 square foot unit with a sales price to square foot price of $479.00
It is important to note the most expensive sale was for Unit 1416 in Sea Ranch Club A which sold for $967,000 – this being a 2 bedroom 2 bathroom unit
Sea Ranch Club Lauderdale by the Sea
Sales by Bedroom Last 6 Months
Here are the sales prices for Sea Ranch Club Lauderdale by the Sea 4900-5100 N Ocean Blvd, direct oceanfront condos by bedroom – studios, 1 bedroom units, 2 bedroom units and 3 bedroom units
Sea Ranch Club 1 Bedroom Units
There have been 2 sales of 1 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condos over the last 6 Months – In our last post there had also been 2 sales of 1 bedroom units over the preceding 6 months!
Here is our market summary report for Sea Ranch Club 1 bedroom condos sold over the last 6 months.
| BEDS / BATHS | LA | SP$ | SP$/SqFt | |
| Min | 1 / 1 | 1,200 | $475,000 | $396.00 |
| Max | 1 / 1 | 1,200 | $535,000 | $446.00 |
| Avg | 1 / 1 | 1,200 | $505,000 | $421.00 |
| Median | 1 / 1 | 1,200 | $505,000 | $421.00 |
We can see from this report that BOTH the average and median sales price for 1 bedroom Sea Ranch Club direct oceanfront condos sold over the last 6 months has been $505,000 – this being for a 1 bedroom 1 bathroom unit of 1200 square feet with a sales price to square foot price of $421.00
In the last post when 1 bedroom units were sold the median sales price for one of the 3 x 1 bedroom Sea Ranch Club Lauderdale by the Sea condos sold over the preceding 6 months was $527,500 – this being for a 1 bedroom 1 bathroom unit of 1140 square feet with a sales price to square foot price of $464.00
Sea Ranch Club 2 Bedroom Units
There have been 7 sales of 2 bedroom Sea Ranch Club Lauderdale by the Sea condos over the last 6 months – this is down from 11 sales of 2 bedroom Sea Ranch Club condos over the preceding 6 months as in our last post!
Here is our market summary report for Sea Ranch Club 2 bedroom condos sold over the last 6 months.
| BEDS / BATHS | LA | SP$ | SP$/SqFt | |
| Min | 2 / 2 | 1,400 | $670,000 | $472.00 |
| Max | 2 / 2 | 1,800 | $967,000 | $614.00 |
| Avg | 2 / 2 | 1,594 | $819,857 | $516.00 |
| Median | 2 / 2 | 1,700 | $850,000 | $500.00 |
We can see from this report that the average sales price for 2 bedroom Sea Ranch Club direct oceanfront condos sold over the last 6 months has been $795,182 – this being for a 2 bedroom 2 bathroom unit of 1631 square feet with a sales price to square foot price of $490.00
In our last post the average sales price for 2 bedroom Sea Ranch Club direct oceanfront condos sold over the preceding 6 months was lower at $795,182 – this being for a 2 bedroom 2 bathroom unit of 1631 square feet with a sales price to square foot price of $490.00
We can also see from this report that the median sales price for 2 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condos sold over the last 6 months has been $850,000 – this being for a 2 bedroom 2 bathroom unit of 1700 square feet with a sales price to square foot price of $500.00
In our last post the median sales price for 2 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condos sold over the preceding 6 months was lower at $825,000 – this being for a 2 bedroom 2 bathroom unit of 1700 square feet with a sales price to square foot price of $478.00
Sea Ranch Club 3 Bedroom Units
There have been just 1 sale of a 3 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condo over the last 6 months – this is down slightly from the 2 sales of 3 bedroom condo as per our last post!
Here is our market summary report for the Sea Ranch Club direct oceanfront 3 bedroom condo sold over the last 6 months.
| BEDS / BATHS | LA | SP$ | SP$/SqFt | |
| Median | 3 / 3 | 1,780 | $854,600 | $480.00 |
We can also see from this report that the median sales price for 3 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condos sold over the last 6 months has been $854,600 – this being for a 3 bedroom 2 bathroom unit of 1780 square feet with a sales price to square foot price of $480.00
In our last post the median sales price for a 3 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condos sold over the preceding 6 months was higher at $1,200,000 – this being for a 3 bedroom 2 bathroom unit of 2100 square feet with a sales price to square foot price of $571.00
Sea Ranch Club Lauderdale by the Sea
Recent Condo Sales by Unit
Here are the sales of Sea Ranch Club Lauderdale by the Sea 4900-5100 N Ocean Blvd, direct oceanfront condos sales for the last 6 months.
| Unit | Bldg | #Beds | #FB | SqFt LA | SalePrice |
| 1416 | A | 2 | 2 | 1,700 | $967,000 |
| 817 | C | 2 | 2 | 1,760 | $880,000 |
| 1006 | C | 2 | 2 | 1,400 | $860,000 |
| 1612 | A | 3 | 3 | 1,780 | $854,600 |
| 1015 | C | 2 | 2 | 1,800 | $850,000 |
| 913 | C | 2 | 2 | 1,700 | $812,000 |
| 1604 | A | 2 | 2 | 1,400 | $700,000 |
| 1207 | A | 2 | 2 | 1,400 | $670,000 |
| 1604 | B | 1 | 1 | 1,200 | $535,000 |
| 1706 | B | 1 | 1 | 1,200 | $475,000 |
All data and information set forth on this website are from sources regarded as reliable – and includes data from public records including the BCPA (Broward Property Appraiser) No warranties are made as to the accuracy of any descriptions and/or other details and such information is subject to errors and omissions.