Essex Tower Condo
Homes for Sale in Fort Lauderdale, FL

Community in Fort Lauderdale · Broward County
Median sale $480K
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Built fromLive Beaches MLS data20 years of closingsUpdated twice daily
Live · Essex Tower Condo Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$480K
Median sold · 12 mo
$403/sf
Sold $/sqft · 12 mo
peak $403 in 2026
99.6%
Sale vs ask
Broward median: 96.6%
Tempo
50days
Median DOM · closed
15 days at the 2024 low
3
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 20 years of records
1,218sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Essex Tower Condo is a small Fort Lauderdale high-rise snapshot with limited recent turnover—just three closings in the past quarter at a $480,000 median and $403 per square foot. That pace and price/sq.ft. ratio suggest a building where condition, view, and floor level drive wide variance between units, and buyers are willing to wait for the right stack.

Fifty days on market tells you this is not an impulse buy; serious shoppers are comparing carefully and sellers who price aggressively sit longer. If you're considering a unit here, understand that value is hyper-local to the individual residence—walk the unit, verify finishes and maintenance, and don't assume the median tells you what your unit will command.

The 60-Second Overview

Essex Tower Condo market snapshot (as of July 15, 2026): the median sale price is about $480K ($403 per sq ft over the trailing 12 months of closed sales), and a median 50 days on market for closed sales.

Essex Tower Condo is a Fort Lauderdale mid-rise with a thin recent sales sample—three closings at a $480,000 median—and fifty-day absorption that rewards patient, discerning buyers.

Best for

  • Condo buyers with $480K liquidity who will order financials and accept slower resale velocity for Fort Lauderdale location.
  • Investors comfortable holding three to five years and budgeting for potential special assessments in older mid-rise stock.
  • Buyers who prefer quiet buildings with limited turnover and are skilled at evaluating unit-specific condition variance.

Probably not for

  • First-time condo buyers who lack experience reading association budgets or identifying deferred maintenance red flags.
  • Anyone needing quick resale optionality or assuming median price guarantees appraisal on any listed unit.
  • Buyers seeking full-service amenity towers with concierge, pool, fitness center, and robust reserve studies already published.

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 15 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($480K) IS the median in the snapshot above.

Windows contain 0 to 7 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K$500K20122014201620182020202220242026
Every sale since 2006 · price vs size
$0$200K$400K1k1k2k
38 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$300$40020122014201620182020202220242026
Up from $167 in 2012 to a $403 peak in 2026; $403 now.
Median days on market · closed sales
010020030020122014201620182020202220242026
15 days at the 2024 low; 50 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
99.6% now vs Broward 96.6%.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 3 in the current window.

If we were buying in Essex Tower Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Essex Tower Condo.

Best Buy
Buyers comfortable with moderate inventory risk who will wait for the right unit and verify building health independently.
Biggest Risk
Thin sales sample means comping is hard and appraisals can surprise; one distressed sale moves the median materially.
Sweet Spot
Updated units priced near $403/sq.ft. with verified reserves and low pending assessments.
Avoid If
You need liquid resale confidence or want a building with amenity packages and frequent turnover.

What sets the price in a quiet tower

In buildings with limited inventory turnover like Essex Tower, the median is a starting reference, not a predictor. Three sales in a quarter means condition spread is everything: updated kitchens, water views, higher floors, and recent HVAC all command premiums the aggregate number hides. Buyers here need to comp individual units carefully and budget for potential deferred maintenance or assessment risk that slow-moving inventory sometimes conceals.

The fifty-day market time reflects Fort Lauderdale's broader condo reality—buyers have choices and they use them. Sellers who list aspirationally extend their hold; sellers who price to the building's actual finish level and assessment history move in thirty to forty days. If you are buying, use that time cushion to order financials, interview board members, and verify reserve health before you write an offer. Momentum's condo diligence protocol exists for exactly this scenario.

The location and the amenities are priced into every listing in Essex Tower Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Condo towers with thin sales velocity require forensic comps and document review that generic portals will not provide. Momentum pulls building financials, tracks assessment history, and maps floor-by-floor sales to give you the unit-level context the $480,000 median omits. We will tell you when a listing is overpriced for its stack, when reserves look thin, and when another building two blocks away offers better value—even if it costs us a deal.

Essex Tower Condo in 15 seconds.

Best forBuyers comfortable with moderate inventory risk who will wait for the right unit and verify building health independently.
Biggest advantageFifty-day absorption gives you negotiating time and the leverage to demand disclosures before you commit.
Biggest riskThin sales sample means comping is hard and appraisals can surprise; one distressed sale moves the median materially.
Sweet spotUpdated units priced near $403/sq.ft. with verified reserves and low pending assessments.
Avoid ifYou need liquid resale confidence or want a building with amenity packages and frequent turnover.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Essex Tower Condo sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Essex Tower Condo?
The median sale price in Essex Tower Condo was $480K over the 12 months ending July 15, 2026 (3 closed sales, Beaches MLS).
How long do homes in Essex Tower Condo take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 50 days on market (3 sales, Beaches MLS).
Who is the best real estate agent for Essex Tower Condo?
The best agent for Essex Tower Condo is one who actively works Fort Lauderdale and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Essex Tower Condo.
How do I find a top Fort Lauderdale real estate agent who knows Essex Tower Condo?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Essex Tower Condo and the wider Fort Lauderdale area.
Can Momentum Realty connect me with an agent for Essex Tower Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Essex Tower Condo purchase or sale - no call center and no pressure.
Condo buyers with $480K liquidity who will order financials and accept slower resale velocity for Fort Lauderdale location.Excellent fit
Investors comfortable holding three to five years and budgeting for potential special assessments in older mid-rise stock.Excellent fit
Buyers who prefer quiet buildings with limited turnover and are skilled at evaluating unit-specific condition variance.Excellent fit
First-time condo buyers who lack experience reading association budgets or identifying deferred maintenance red flags.Probably not
Anyone needing quick resale optionality or assuming median price guarantees appraisal on any listed unit.Probably not
Buyers seeking full-service amenity towers with concierge, pool, fitness center, and robust reserve studies already published.Probably not

Data sources & freshness

Community market statsBeaches MLS closed sales, 12-month windows ending July 15, 2026
Under-contract sharesBeaches MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2006 (38 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Beaches MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Beaches MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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