Breakwater Towers Co-Op
Homes for Sale in Fort Lauderdale, FL

Breakwater Towers Co-Op market snapshot (as of September 12, 2026): the median sale price is about $270K ($302 per sq ft over the trailing 12 months of closed sales), a median 131 days on market for closed sales, and 39.0 months of supply, a buyer-leaning market. The trailing-12-month median is up 44% from the prior 12 months, computed from record-level Beaches MLS closed sales (4 closings in the current window).

In ZIP 33316 (Fort Lauderdale), 250 homes closed in the last 12 months at a median of $975K ($651/sq ft), down 2.2% year over year, with a median 85 days on market. Right now 207 active and 23 pending listings put supply at about 9.1 months — a soft market. See the live ZIP 33316 housing market and the Broward County market.

BeachesMLS sales records identify 28 homes in Breakwater Towers Co-Op that have changed hands since 2008, built between 1960 and 1963 (median 1962), with a median living area of about 805 sq ft and a typical 1-bedroom, 1-bath layout. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Co-op ownership in Fort Lauderdale, trading at a $212K median and roughly 118 days on market. Limited transaction volume and co-op structure mean this is a specialized play, not a broad-market condo alternative.

• Harbordale · Elementary
• Sunrise · Middle
• Fort Lauderdale · High

Zoned schools reflect the assignments reported on recent Breakwater Towers Co-Op listings and can change; always confirm with Broward County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Breakwater Towers Co-Op address.

Breakwater Towers operates as a housing cooperative, which means you buy shares in a corporation rather than deeding real property. You own stock; the corporation owns the building. That structure brings monthly maintenance fees covering underlying mortgage, taxes, insurance, and operations—often higher than condo HOA dues—and it subjects every sale to board approval. Financing is harder: many lenders won't touch co-ops, and those that do impose stricter down-payment and reserve requirements.

The $212K median and $300 per-square-foot pricing reflect that friction. Co-ops trade at a discount to comparable condos because the buyer universe is smaller. But for a cash buyer or someone with access to co-op-friendly financing, that discount is the opportunity. You are trading liquidity and flexibility for price.

The 117-day median DOM and six closings in six months underscore the niche nature of this market. Inventory turns slowly. If you are selling, you need a broker who knows how to present co-op value and manage board-approval timelines. If you are buying, you need to be pre-approved for co-op financing or have cash ready, and you should expect weeks of board review once you go under contract.

Co-op transactions require fluency in a different rulebook—board packages, financial disclosure, maintenance versus assessment, share-loan underwriting. Momentum's Broward team knows which lenders will finance co-ops, how to position an offer for board approval, and how to set realistic time and price expectations in a market with 117-day absorptions. We will walk you through maintenance-fee analysis, building financials, and what the board will ask for. If a co-op is not the right structure for your situation, we will tell you that in the first conversation.

Listings in this community report association dues of about $1,297 per month ($15,564 a year) — the median AssociationFee across 50 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.