View luxury Fort Lauderdale waterfront home for sale n Las Olas Isles

Luxury Las Olas Isles Homes

Las Olas Isles Homes
Fort Lauderdale

In this post we look at Las Olas Isles Homes for Sale Fort Lauderdale, Pending Sales as well as Recent Sales.

Search Homes for Sale in Las Olas Isles

We also give our pricing guide for homes in Las Olas Isles

Key Statistics for Buyers / Sellers

  • Prices from $898,900 – $32 Million

Median Prices

  • List Price $3,395,000
    – Waterfront $3,595,000
    – Non-Waterfront $1,545,000 
  • Sales Price last 6 Months $1,947,500
    – Waterfront $2,097,500
    – Non-Waterfront $1,275,000
  • Sales to List Price 91%
  • Days on Market 113 Days
View of a luxury new construction waterfront home for sale in Las Olas Isles
View of a luxury new construction waterfront home for sale in Las Olas Isles

Las Olas Isles
Luxury Homes for Sale

At time of writing there are 105 x Las Olas Isles Homes for Sale here in Fort Lauderdale – which is down a little4 from the 119 x Las Olas homes for sale in our last post on Las Olas Isles Luxury Homes for Sale

The market analysis report for these Luxury Fort Lauderdale  homes is presented below

$$  Beds/Baths SF/FF List Price
High 10/13 17,876 $27,000,000
Low 2 / 2 1,328 $898,000
Avg 5 / 5 6,337 $4,260,940
Med 5 / 5 6,120 $3,395,000

We can see from this report that the median price for a Luxury Fort Lauderdale home for sale in Las Olas Isles is $3,395,000 – this being for a 5 bedroom 5 bathroom home of 6120 square feet

The median in our last post the median was $3,399,000 – this being for a 5 bedroom 5 bathroom home of 6325 square feet

The median in our prior post the median was $3,295,000 – this being for a 5 bedroom 5 bathroom home of 5025 square feet

It is important to note the differences in the median square footage!

Square Foot Prices
Homes for Sale

Here is our market summary report showing square foot prices for Fort Lauderdale Homes here in Las Olas Isles

$$  LP$/SqFt
High $1,845
Low $439
Avg $745
Med $667

We can see from this report that the average list price to square foot price for a luxury Fort Lauderdale home for sale here in Las Olas Ises is $745.00 and the median is $667.00 – down from our last post!

In our last post  the average list price to square foot price for a luxury Fort Lauderdale home for sale here in Las Olas Ises was $771.00 and the median is $707.00

Las Olas Isles
Most Expensive Home

The most expensive home for sale offered for sale is on Lido Drive and is offered for sale for $27 Million dollars.

Our market summary report for this home is presented below:

Beds/Baths SF/FF List Price LP$/SqFt
6 / 7 17,876 $27,000,000 $1,695

Casual elegance and sophistication describe this luxury Fort Lauderdale point lot “Trophy” home for sale.

This 6 bedroom 7 bathroom property was designed by renowned Architect Robert A.M.Stern.

The home is an “Ultra Premium” turnkey Mediterranean Revival estate home with a guest house.  The home offers 625 feet of waterfront – perfect for mega yacht dockage.

The interiors were designed by Perlmutter Freiwald and features include: a 6 car garage, an office, a fitness center, a massage room, a home theater, 5 fireplaces, a rotunda and a chart room.

This 17,876 square foot luxury waterfront home is offered for sale with a list price to square foot price of $1,695.00

View Fort Lauderdale waterfront homes for sale in Las Olas Isles
View Fort Lauderdale waterfront homes for sale in Las Olas Isles

Las Olas Isles
Waterfront Homes

Of the 105 Luxury Fort Lauderdale homes currently for sale here in Las Olas Isles – 97 homes are Las Olas Isles luxury waterfront homes for sale.

In our last post for there were 110 x Fort Lauderdale luxury waterfront homes for sale in Las Olas Isles!

The market analysis report for these luxury waterfront homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 10/13 17,876 $27,000,000
Low 2 / 2 1,328 $1,024,900
Avg 5 / 5 6,621 $4,479,863
Med 5 / 5 6,381 $3,595,000

We can see from this report the details for these luxury waterfront homes – with prices up to $27 Million.

We can also see that the median list price is $3,595,000 – this being for a 5 bedroom 5 bathroom waterfront home.

In our last post the median list price was $3,549,950 – this being for a 5 bedroom 5 bathroom waterfront home.

In our prior post the median list price was $3,495,000 this being for a 5 bedroom 5 bathroom waterfront home.

Note the trend of increasing median prices for Fort Lauderdale waterfront homes for sale here on Las Olas Isles

Aerial view Fort Lauderdale non-waterfront homes here in Las Olas Isles
Aerial view Fort Lauderdale non-waterfront homes here in Las Olas Isles

Las Olas Isles
Non-Waterfront Homes

Here is the market analysis report for the 8 x non waterfront Fort Lauderdale homes for sale here in Las Olas Isles.

In our last post there were 9 non-waterfront homes for sale here in Las Olas Isles!

 $$ Beds/Baths SF/FF List Price
High 5 / 6 6,812 $2,575,000
Low 3 / 2 1,719 $898,000
Avg 4 / 3 3,426 $1,606,500
Med 4 / 3 3,202 $1,545,000

We can see from this report that the median for a non waterfront home for sale here in Las Olas Isles is $1,545,000 this being for a 4 bedroom 3 bathroom home of 3202 square feet.

In our post the median for a non waterfront home for sale here in Las Olas Isles was lower at $1,095,000 – this being for a smaller 3 bedroom 3 bathroom home of 2800 square feet.

View of a luxury Fort Lauderdale waterfront home just listed for sale in Las Olas Isles
View of a luxury Fort Lauderdale waterfront home just listed for sale in Las Olas Isles

Las Olas Isles
New Listings – Last 30 Days

There has been just 4  new listings of single family Fort Lauderdale homes for sale here in Las Olas Isles – over the last 30 days.

This is well down from 12 new listings as in our last post!

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 6 / 7 2,645 $11,950,000
Low 4 / 2 2,645 $1,420,000
Avg 5 / 4 2,645 $5,705,000
Med 5 / 3 2,645 $4,725,000

We can see from this report that the median price for a new listing here in Las Olas Isles is $4,725,000 – this being for a 5 bedroom 3 bathroom luxury home of 2,645 square feet with a list price to square foot price of $924.00

It is important to note that all of the new listings are luxury waterfront homes for sale!

Kevin Wirth - Fort Lauderdale Realtor

Buying / Selling?
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Kevin Wirth – 954-459-0337

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Las Olas Isles
Home Pricing Guide

Here is our pricing guide for Luxury Fort Lauderdale Homes here in Las Olas Isles by Bedroom

Beds/Baths SF/FF List Price LP$/SqFt
2*/ 2 1,328 $2,450,000 $1,845
3 / 3 3,374 $2,180,000 $667
4 / 4 4,718 $2,500,000 $653
5 / 5 6,516 $3,995,000 $647
6 / 7 8,540 $5,800,000 $907
7 / 7 8,645 $6,247,500 $644
8 /10 10,086 $9,250,000 $712
10*/13 11,538 $12,995,000 $1,232

We can see from this report that the median price:

  • for the 1 x 2 bedroom Las Olas Isles home for sale is $2,450,000 – this being for a 2 bedroom 2 bathroom home of approx 1,328 square feet with a list price to square foot price of $1,845.00
  • for 3 bedroom Las Olas Isles homes for sale is $2,180,000 – this being for a 3 bedroom 3 bathroom home of approx 3,374 square feet with a list price to square foot price of $667.00
  • for 4 bedroom Las Olas Isles homes for sale is $2,500,000 – this being for a 4 bedroom 4 bathroom home of approx 4,718 square feet with a list price to square foot price of $683.00 
  • for 5 bedroom Las Olas Isles homes for sale is $3,995,000 – this being for a 5 bedroom 5 bathroom home of 6516 square feet with a list price to square foot price of $647.00
  • for 6 bedroom Las Olas Isles homes for sale is $5,800,000 – this being for a 6 bedroom 7 bathroom home of 8,540 square feet with a list price to square foot price of $907.00 
  • for 7 bedroom Las Olas Isles homes for sale is $6,247,500 – this being for a 7 bedroom 7 bathroom home of 8,645 square feet with a list price to square foot price of $644.00
  • for 8 bedroom Las Olas Isles homes for sale is $9,250,000 – this being for a 8 bedroom 10 bathroom home of 10,086 square feet with a list price to square foot price of $712.00
  • for the 1 x 10 bedroom Las Olas Isles home for sale is $12,995,000 – this being for a 10 bedroom 13 bathroom home of 11,538 square feet with a list price to square foot price of $1,232.00 
View of a luxury Fort Lauderdale home pending sale here in Las Olas Isles
View of a luxury Fort Lauderdale home pending sale here in Las Olas Isles

Las Olas Isles Homes
Pending & Recent Sales

There are currently 7 x Las Olas Isles homes pending sale – This is slightly down from 8 Las Olas homes pending sale as in our last post.

The market analysis report for these homes is presented below.

$$  Beds/Baths SF/FF List Price
High 6 / 7 13,429 $9,995,000
Low 2 / 2 2,116 $799,900
Avg 4 / 5 6,605 $3,927,129
Med 5 / 5 7,247 $3,500,000

We can see from this report that the median price of a Fort Lauderdale home pending sale here in Las Olas Isles is $3,500,000 – this being for a 5 bedroom 5 bathroom home of 7,247 square feet.

In our last post  the median price of a Fort Lauderdale home pending sale here in Las Olas Isles was lower at $1,937,500 – this being for a smaller 3 bedroom 3 bathroom home of 3302 square feet.

Important to note is that all but 1 of the homes pending sale this month are luxury waterfront homes

The non-waterfront home pending sale is 2309 Barcelona Drive which was offered for sale for $799,900 – This 3 bedroom 3 bath home has a study, which could be a 4th bedroom, a breakfast area and a 2 car garage. The area is security patrolled and the lot is a generous 10800 sq. ft

View of a luxury new construction waterfront home recently sold here in Las Olas Isles
View of a luxury new construction waterfront home recently sold here in Las Olas Isles

Las Olas Isles
Recent Sales – Last 6 Months

There have been 42 sales of luxury Fort Lauderdale homes here in Las Olas Isles over the last 6 months

This is up from our last post when there had been 34 sales which in turn was up from our prior post when there were 24 sales over the preceding 6 months!

The market analysis report for these homes is presented below.

$$  Beds/Baths SF/FF Sale Price
High 6 / 7 9,545 $5,250,000
Low 2 / 2 1,386 $620,000
Avg 4 / 4 4,455 $2,280,690
Med 4 / 3 3,955 $1,947,500

We can see from this report that the median sales price has been $1,947,500 (the same as in our last post) – this being for a 4 bedroom 3 bathroom 3955 square foot luxury Las Olas Isles home

In our prior post the median sales price for homes sold over the prceeding 6 months was $1,890,500 – this being for a 4 bedroom 3 bathroom 3317 square foot luxury Las Olas Isles home

Important to note is that of the 42 sales here in Las Olas Isles over the last 6 months – 38 sales have been for waterfront homes!

In our last post 30 sales were for waterfront homes!

Waterfront vs
Non Waterfront

Our market summary report showing median prices for sales of waterfront and non waterfront home here in Las Olas Isles is presented below

Median  Beds/Baths SF/FF Sale Price
W/Front 4 / 4 3,983 $2,097,500
NonW/F 3 / 3 2,859 $1,275,000

We can see from this report:

The median for waterfront homes sales has been $2,097,500 – this being for a 4 bedroom 4 bathroom home of 3963 square feet with a sales price to square foot price of $635.00 

The median for non-waterfront home sales has been $1,275,000 – this being for a 3 bedroom 3 bathroom home of 2859 square feet with a sales price to square foot price of $447.00

Square Foot Prices
Homes Sold

Here is our market summary report showing square foot prices paid for Luxury Fort Lauderdale Homes sold in Las Olas Isles over the last 6 months.

$$  SP$/SqFt
High $1,288
Low $354
Avg $617
Med $612

We can see from this report that the median sales price to square foot price paid for a Las Olas Isles home sold over the last 6 months has been $612.00 per square foot – up from $607.00 in our last post and $565.00 in our prior post!

Important to note is the highest price paid at $1,288.00

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Luxury Fort Lauderdale Homes for sale here in Las Olas Isles – we can gauge this based on the percentage of sales price to list price paid by buyers.

The market analysis report for this is presented below

$$  SP$/LP$
High 98%
Low 78%
Avg 90%
Med 91%

We can see from this report that median sales price to list price for Fort Lauderdale home here in Las Olas Isles  has been 91% – this is the same as in our last post!

This means if a home was listed for sale at $1 Million based on MLS median data it could be expected to sell for $910,000.

It is important to note the highest sales price to list price at 98% as well as the lowest at 78%

Days on Market

Days on market for Homes for Sale in Las Olas Isles is an important indicator on how this neighborhood’s real estate market is preforming.

Here is the market analysis report for Days on Market based on home sales over the last 6 months.

$$  Days on Market
Avg 177
Med 113

We can see from this report that the average days on market for a Fort Lauderdale home for Sale in Las Olas Isles is 177 days – down from 218 days in our last post

More importantly is the median days on market at 113 days – which is also down from 127 days in our last post.

Days on market is the time from when the home was listed for sale till the home sold AND closed.

Kevin Wirth Realtor

I hope you have enjoyed this post on Luxury Las Olas Isles Homes for Sale Fort Lauderdale – by Kevin Wirth Realtor