The Galleon
Homes for Sale in Fort Lauderdale, FL

The Galleon market snapshot (as of September 12, 2026): the median sale price is about $600K ($378 per sq ft over the trailing 12 months of closed sales), a median 67 days on market for closed sales, and 4.0 months of supply, a balanced market. The trailing-12-month median is down 35% from the prior 12 months, computed from record-level Beaches MLS closed sales (3 closings in the current window).

In ZIP 33306 (Fort Lauderdale), 101 homes closed in the last 12 months at a median of $1.51M ($718/sq ft), down 5.8% year over year, with a median 48 days on market. Right now 47 active and 9 pending listings put supply at about 6.8 months — a buyer's market. See the live ZIP 33306 housing market and the Broward County market.

BeachesMLS sales records identify 55 homes in The Galleon that have changed hands since 2007, built between 1964 and 1993 (median 1967), with a median living area of about 1,620 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

A Fort Lauderdale Intracoastal community where the waterfront location does all the work—no clubhouse, no gate drama, just proximity to the water and the trade-offs that come with an older inventory in a high-demand corridor.

The Galleon's $600K median price is a waterfront access premium, not an amenity package. MLS data show no community pool, clubhouse, or managed recreation; what you're buying is the Fort Lauderdale Intracoastal address and the dock potential that comes with it. The $378 per square foot median masks a wide range: some homes are dated original construction trading on lot value, others are renovated or rebuilt and command materially higher per-foot pricing. Condition is everything, and the spread between a fixer and a finished home can be hundreds of dollars per foot.

The market here runs on inventory scarcity and patient capital. Sixty-seven median days on market is deliberate, not stale—sellers wait for the buyer who values the specific water exposure and is prepared to close at the number. Year-over-year appreciation of 20% reflects Fort Lauderdale's broader Intracoastal pricing pressure, and the 107% gain since 2012 confirms long-term land-value tailwinds. But three closings in the trailing window means every transaction stands alone; you won't find ten perfect comps to lean on, and appraisals require nuance.

The Galleon is an à la carte waterfront play. You get the Intracoastal, the Fort Lauderdale tax base, and the latitude to improve on your own timeline. You do not get turn-key resort living or a cookie-cutter floorplan inventory. Buyers here typically arrive with a renovation budget or a specific boat in mind; if you need finished and communal, this is the wrong search.

The Galleon's thin comp set and condition-driven pricing require a broker who underwrites each listing independently—not one who runs an AVM and calls it analysis. Momentum's team knows how to value Intracoastal exposure, dock rights, and the gap between livable and project-grade inventory, and we'll tell you when a list price assumes improvements the home does not have. Whether you're buying the land play or selling into scarcity, we price to the specific asset and negotiate with the data that actually exists.

Listings in this community report association dues of about $1,300 per month ($15,600 a year) — the median AssociationFee across 14 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.