L'Hermitage
Homes for Sale in Fort Lauderdale, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
L'Hermitage sits on a narrow barrier island strip in Fort Lauderdale, and its oceanfront exclusivity drives every pricing conversation. The median at $1.91 million and median per-square-foot at $966 reflect a mix of older units that need updating and renovated residences with direct ocean views. Condition matters here more than in most beachfront towers—two units on the same floor can trade hundreds of thousands of dollars apart.
The market softened year-over-year, down 6.4 percent, and homes are sitting for a median of 92 days. Twenty-one closings in the trailing window show steady transaction volume, but sellers now face price discovery conversations they could skip two years ago. If you are buying, you have time to inspect, negotiate, and compare; if you are selling, you need condition and positioning to matter more than list date.
L'Hermitage right now
🟡 Off the recent peak. The trailing-12-month median ($1.91M) is down 6.4% from the prior 12 months ($2.04M) and up 155% since 2012. With about 18 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Beaches MLS closed sales, 12-month windows ending July 15. Confidence: High (21 and 17 sales in the two windows).
What's unique here: the median sale price is about 4x the typical Broward County sale ($1.91M vs $472K, trailing 12 months, Beaches MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 15, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
L'Hermitage market snapshot (as of July 15, 2026): the median sale price is about $1.91M ($966 per sq ft over the trailing 12 months of closed sales), and a median 92 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months and up 155% since 2012, computed from record-level Beaches MLS closed sales (21 closings in the current window).
L'Hermitage is an older oceanfront condominium community on Fort Lauderdale's barrier island, trading at a median of $1.91 million with prices driven heavily by unit condition, floor, and ocean exposure rather than standardized finishes.
Who L'Hermitage is best for.
Best for
- Buyers with budgets near or above the median who prioritize oceanfront location over new construction and are comfortable managing or budgeting for unit-level renovation.
- Investors or second-home buyers who understand condition-driven pricing and can wait for the right unit rather than chasing list dates.
- Buyers downsizing from a single-family beachfront home who want Fort Lauderdale Beach access and accept older building infrastructure in exchange for direct ocean views.
Probably not for
- Buyers expecting new-build finishes and warranties or unwilling to budget for potential special assessments and deferred maintenance in an older tower.
- First-time luxury condo buyers who need consistent comps and fast liquidity—the condition spread here makes resale pricing less predictable.
- Buyers stretched at the median price without reserves for updates or the time to evaluate multiple units before committing.
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 ($1.91M) IS the median in the snapshot above, and the move from 2025 ($2.04M) IS the -6.4% one-year change.
Windows contain 13 to 24 sales each (21 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.
The L'Hermitage buying strategy.
If we were buying in L'Hermitage today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 L'Hermitage.
Oceanfront on a condition curve
L'Hermitage does not operate like newer luxury towers with uniform interiors and build-out timelines. The building dates back decades, and the inventory shows it: some units remain original or lightly touched, while others have undergone six-figure renovations with open kitchens, hurricane-impact glass, and modern baths. That spread—combined with floor height and direct versus angled ocean views—creates a wide pricing spectrum even within the same square-footage bands.
The median price per square foot of $966 is a midpoint, not a guide. Buyers shopping here should walk multiple units and understand that condition translates directly to value. An unrenovated residence will trade well below the median per foot; a designer-finished penthouse with wraparound terraces will exceed it. The building offers oceanfront living and a Fort Lauderdale Beach location, but it does not offer move-in consistency.
With homes sitting a median of 92 days and prices down 6.4 percent year-over-year, this is a negotiation market. Sellers who price for condition and current comps will move units; those anchored to older valuations will extend their days-on-market further. Buyers gain leverage through patience and comp discipline, but they also need capital reserves for any deferred updates or special assessments common in older high-rises.
The location and the amenities are priced into every listing in L'Hermitage. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in L'Hermitage buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.5). Basis: Long-Term Appreciation +155% since 2012; Recent Direction -6.4% year-over-year; Pricing Power 89.4% sale-to-list. Refreshed with each data update.
Why work with Momentum here
L'Hermitage transactions turn on condition assessment and comp precision, not list-price anchoring. Our agents walk units with an eye for deferred capital expenditure, review association financials for upcoming assessments, and pull comps by both sale date and renovation status so you price—or offer—with accuracy. We will tell you when a unit is overpriced for its condition, and we will tell you when a below-market listing reflects real issues rather than opportunity. In a building where two similar units can trade half a million dollars apart, that honest read is the difference between a smart close and an expensive mistake.
L'Hermitage in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a L'Hermitage buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed L'Hermitage sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in L'Hermitage, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your L'Hermitage home worth?
Get a no-obligation home value based on real comparable sales in L'Hermitage, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recent Developments in L Hermitage
Development, infrastructure, retail, and school activity affecting L Hermitage, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
Construction Starts on 376-Unit 'The Cove' at 1055 N. Federal Highway in Fort Lauderdale
Affiliated Development has started construction on The Cove, an eight-story, 376-unit apartment building at 1055 North Federal Highway on the former Link hotel site. About 206 of the units are designated workforce housing under the Live Local Act, backed by a 74 million dollar construction loan from Pacific Life. Move-in is anticipated in spring 2028.
What it may mean for the marketAdds a large workforce-oriented rental supply along the North Federal Highway corridor and redevelops a former hotel parcel into housing. The site is less than a mile west of L Hermitage.
Source: Florida YIMBY - July 2026Development
$54 Million Pre-Construction Loan Secured for ODA-Designed Skyscrapers in Fort Lauderdale
Dependable Equities secured a 54 million dollar pre-construction loan from CDK Capital for two ODA-designed towers south of the New River near Las Olas Boulevard, at 101 Southeast 7th Street and 633 Southeast 3rd Avenue. The towers would rise about 557 and 563 feet with roughly 1,460 condominium and multifamily residences and about 14,000 square feet of ground-floor commercial space. Construction is anticipated to begin in early 2028.
What it may mean for the marketPositions two high-rise residential towers and ground-floor commercial space for the downtown Fort Lauderdale market south of the New River. The site is about 3 miles southwest of L Hermitage.
Source: Florida YIMBY - June 2026Development
Feldman Equities, Greystar Fort Lauderdale Apartments OK'd
Fort Lauderdale approved a rezoning allowing Feldman Equities and Greystar to build 310 apartments at the Pinnacle Corporate Park at 500 Northwest 62nd Street in the Cypress Creek area. The plan includes four five-story residential buildings, 2,800 square feet of commercial space and a five-story parking garage, with 46 units restricted to households earning up to 120 percent of area median income for 30 years. Existing office buildings on the site will remain.
What it may mean for the marketBrings residential density and workforce-priced units to a heavily commercialized Cypress Creek office area under the new Uptown Urban District designation. The project is about 4 miles northwest of L Hermitage, elsewhere in Broward County.
Source: The Real Deal - May 2026Development
Tavistock Development to Expand Pier Sixty-Six
Tavistock Development is advancing an eight-acre second phase of Pier Sixty-Six along Southeast 17th Street, with four mixed-use buildings each rising about 270 feet and 339 residential units. Plans include roughly 185,600 square feet of commercial space with retail, restaurant, grocery and office uses, a waterfront promenade and expanded marina facilities. The project is expected to enter the city development review process in the coming months.
What it may mean for the marketExpands a waterfront mixed-use district with new housing, retail and marina infrastructure along the 17th Street corridor. The project is about 3 miles south of L Hermitage, elsewhere in Broward County.
Source: The Real Deal - May 2026Development
Integra Wins Approval for Fort Lauderdale Beach Development Again
The Fort Lauderdale City Commission unanimously approved an amended development permit for Integra Solutions' Sereno project at 2901 East 9th Court, raising the condominium count from 76 to 88 and adding 113 hotel rooms in a 14-story structure. It is the third iteration of the plan since initial approval four years earlier. The Planning and Zoning Board had recommended approval in March.
What it may mean for the marketAdds condominium and hotel supply to the Fort Lauderdale beach area through a revised and expanded approved plan. The site is less than a mile southeast of L Hermitage.
Source: The Real Deal - May 2026Development
Fort Lauderdale Advances Opus at 701 Condominium Development
The Fort Lauderdale City Commission voted unanimously to approve Opus at 701, a 13-story, 54-unit waterfront condominium at 632 and 701 Bayshore Drive. The site plan replaces the former Manhattan Tower hotel and a 56-year-old apartment building on a 0.78-acre parcel. The project includes 114 parking spaces and amenities such as a fitness center, spa and waterfront pool.
What it may mean for the marketRedevelops an older hotel and apartment parcel into a new waterfront condominium supply in the Fort Lauderdale beach area. The site is about 1 mile south of L Hermitage.
Source: The Real Deal
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
What is the median home price in L'Hermitage?
How long do homes in L'Hermitage take to sell?
Have L'Hermitage home prices gone up?
Who is the best real estate agent for L'Hermitage?
How do I find a top Fort Lauderdale real estate agent who knows L'Hermitage?
Can Momentum Realty connect me with an agent for L'Hermitage?
Should you buy in L'Hermitage?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2006 (381 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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