Colony Point 5 Condo
Homes for Sale in Pembroke Pines, FL

Colony Point 5 Condo market snapshot (as of July 15, 2026): the median sale price is about $165K ($167 per sq ft over the trailing 12 months of closed sales), and a median 66 days on market for closed sales. The trailing-12-month median is up 10% from the prior 12 months, computed from record-level Beaches MLS closed sales (7 closings in the current window).

Colony Point 5 Condo is a boutique condominium enclave in Pembroke Pines where modest pricing and longer absorption reward patient buyers and punish wishful sellers. The median sale closed at $165K, and units typically take just over two months to move.

Colony Point 5 Condo comprises a limited number of condominium units in Pembroke Pines, and the MLS record shows no association amenities flagged in recent listings. What you are buying is four walls, a parking assignment, and a Broward County address at a price point below the metro median. The $167-per-square-foot median tells you these are older-construction units where finish level drives value — a renovated kitchen or new flooring can separate a unit by weeks on market and thousands of dollars at closing.

Inventory turns slowly here. The seven closings that anchor the current snapshot took a median of 66 days to go under contract, and the market heat score of 31 signals subdued competition. That is an advantage for a deliberate buyer who wants time to inspect and negotiate; it is a liability for a seller who believes the unit will sell itself. Financing is conventional-friendly at this price tier, but any buyer should verify the association's financial health and reserve funding before committing — condo governance matters as much as the unit when resale time comes.

The year-over-year appreciation of 10 percent reflects Broward's uneven condo market; some complexes have climbed faster, others have stalled. Colony Point 5 sits in the middle — not hot, not cold. Location within Pembroke Pines offers highway access and retail proximity, but the community itself is utilitarian. If you need resort-style amenities or concierge services, this is not your building. If you want an affordable condo where the price reflects reality and the market gives you room to think, it fits.

Colony Point 5 Condo demands comp discipline and patient pricing — exactly the skill set Momentum brings to smaller-inventory communities. We track every closed sale in the building, we know which units have deferred maintenance and which have been renovated, and we will tell you when a listing is overpriced before you waste a weekend. For sellers, we stage truthfully and price to the median days-on-market reality, not to your wish. For buyers, we negotiate with the leverage that a 66-day absorption cycle provides. We do not oversell the building, and we do not let you overpay for it.

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