Six Sweet Deals: Rare Waterfront Luxury Under $800/SF in Greater Fort Lauderdale

Six Sweet Deals: Rare Waterfront Luxury Under $800/SF in Greater Fort Lauderdale

Hi Friends, it’s Jennie Frank Kapoor with Tropical Phoenix Homes.

In this month’s Good Deeds spotlight of my blog, we’re diving into something that’s become increasingly hard to find in our market: newer-construction, waterfront luxury for under $800 per square foot.

We’re talking about the $1M+ luxury single family and townhouse market east of US 1 — those coveted islands and intracoastal neighborhoods in Greater Fort Lauderdale: Fort Lauderdale, Lauderdale-by-the-Sea, Sea Ranch Lakes, Pompano Beach, Lighthouse Point, and Hillsboro Beach.

Why This Search Is So Rare

Let’s set the stage.

At the time of writing, there are 455 active listings for water-accessible $1M+ luxury single family homes and townhouses in these coastal communities.

Here’s where it gets interesting:

• 232 are priced above $1,000 per square foot.
• 331 are priced above $800 per square foot.
• That means just 27% of the market — 124 properties — fall below $800 per square foot.

And if you want newer construction — built in the last 25 years — the pool shrinks even further.
Only 35 properties meet that criteria. That’s 7.7% of the entire waterfront luxury market in these towns.

So when I say these opportunities are rare, I mean it. They’re like finding a hidden sandbar: valuable, worth the trip, and not something you come across every day.

The Sweet Six

I’ve pulled together six standout properties that check every box:

• Water access
• Newer construction
• Luxury finishes
• Priced under $800 per square foot

We’ll go in order of year built, starting with the earliest. And if one catches your eye, you can click the link for each property to explore the full details.

#1) 4951 NE 28th Ave – Lighthouse Point (2002 | LP $3,595,000)
One of the best values in Lighthouse Point — and it’s on a large, highly desirable point lot. You’ve got 184 feet of deep-water frontage, perfect for a mega yacht… or two. Almost 5,000 square feet inside, with 4 bedrooms, 4.5 baths, and a 3-car garage — plenty of room to spread out and enjoy. Listed by Galt Ocean Realty.

#2) 3061 NE 43rd St – Fort Lauderdale (2009 | LP $4,650,000)
The best price per square foot in Coral Ridge Country Club — and it’s a boater’s dream with 85 feet of waterfront and direct ocean access. This open-plan estate has over 6,100 square feet inside, soaring ceilings, an elevator, and two stunning primary suites. The chef’s kitchen is fully outfitted, and outside you’ve got a heated pool, spa, and a private backyard — all within walking distance to the country club, restaurants, and the beach. Listed by Coldwell Banker Realty.

#3) 3229 Canal Dr – Pompano Beach (2012 | LP $1,799,999)
Minutes to the Hillsboro Inlet and a short walk to the beach, this 4-bed, 3-bath home comes with a deeded dock and no fixed bridges. Just fully renovated, it features a gourmet kitchen, all-new baths and flooring, plus a spacious primary suite with a 400-square-foot balcony overlooking the water. Out back, enjoy a pool, pergola, and BBQ zone — perfect for entertaining or relaxed coastal living. Listed by GK Realty Group.

#4) 101 Isle of Venice Dr #101 – Fort Lauderdale (2015 | LP $2,395,000)
A like-new corner townhouse with a private boat slip for up to a 50-foot vessel. Enjoy sunrise and sunset views from every room, each with its own terrace overlooking a wide waterway and the city lights of downtown. The first-floor yard has an outdoor kitchen, lounge area, and room for a pool — all just a short walk to the beach, dining, shopping, and nightlife. Listed by Engel & Völkers.

#5) 244 Shore Ct – Lauderdale-by-the-Sea (2017 | LP $2,350,000)
Coastal charm meets elevated elegance. This like-new, four-level townhouse offers 3 beds, 3.5 baths, and nearly 3,000 square feet of modern living. You’ve got a private two-car garage with smart storage, a floating staircase leading up through a designer kitchen into a spacious living-and-outdoor flow, and a primary suite that takes up the entire third floor — think dual walk-ins, soaking tub, luxe shower. Top it off with a private rooftop terrace offering 360° treetop, ocean, and city views. There’s even an elevator, community pool, spa, and available boat slips. Walk to the beach, restaurants, and shops — it’s the best-value water-accessible beach townhouse around. Listed by Engel & Völkers.

#6)  244 Garden Ct – Lauderdale-by-the-Sea (2022 | LP $2,350,000)
The newest build in the group — this four-level townhome brings modern coastal luxury just steps from the beach. You start on a semi-private courtyard with a two-car garage and a guest suite. Head up to an open second floor with a chef’s kitchen, walk-in pantry, laundry, and terrace for indoor-outdoor flow. The entire third floor is a serene primary suite retreat with dual walk-ins and a spa-style bath. And on top, a rooftop terrace — complete with ocean and skyline views, summer kitchen, grill, and pizza oven — perfect for sunset gatherings. A rare combination of fresh design, thoughtful layout, and unbeatable value in a prime beachside location. Listed by Engel & Völkers.

Final Thoughts

Opportunities like these don’t come around often. Whether you’re looking for a primary residence, a seasonal retreat, or a smart investment, each of these properties offers a rare blend of location, lifestyle, and value.

If one of the Sweet Six speaks to you, I’d love to arrange a private showing. And if your perfect home looks a little different, I can help you uncover it with a personalized market consultation on waterfront living in Greater Fort Lauderdale.

With Gratitude,
Jennie Frank Kapoor,

Luxury Real Estate Advisor
Founder, Tropical Phoenix Homes
Proudly a part of the Engel & Völkers luxury global network