L'Hermitage
Homes for Sale in Fort Lauderdale, FL

L'Hermitage II is an oceanfront high-rise condominium on Fort Lauderdale Beach, where the median closed price of $1.6 million buys larger floor plans and direct beach access in a building that predates the recent wave of new construction.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

L'Hermitage is too small for its own price trend, so here is the market around it.

Across Broward County, 14,784 homes are active and 2,812 pending (16% under contract).

ZIP and county figures describe the wider market, not L'Hermitage specifically. Momentum Research analysis of MLS records.

Three closings in the trailing window and a median of 140 days on market describe a market in which inventory moves slowly and selectively. The twenty-percent year-over-year decline is not unique to L'Hermitage II—it mirrors the broader repricing across Fort Lauderdale's luxury waterfront—but it has real consequences for both sides of a transaction. Sellers who adjust to the $1.6 million median and the current per-square-foot reality will find buyers; those who do not will watch days accumulate.

The $794 median price per square foot is meaningfully lower than what newer oceanfront towers command, and that gap reflects age, finishes, and the trade-off buyers make when they prioritize space and water over the latest appliances and lobby. L'Hermitage II appeals to a buyer who understands that older luxury inventory on the beach still delivers the location and scale that newer projects cannot replicate at the same price point.

With 140 days to contract, this is not a market where urgency drives decisions. Buyers can conduct thorough due diligence on reserve studies, pending assessments, and building financials. Sellers need to recognize that every week above median time on market signals a pricing problem, not a marketing problem. In a slower luxury market, the property that shows best and prices most realistically wins the contract.

Momentum Realty represents buyers and sellers in Fort Lauderdale's oceanfront high-rise market with a focus on what the numbers actually say and what the building financials reveal. We pull reserve studies, review association budgets, and price against closed comparables—not aspirations. In a market where days on market have stretched and price discovery matters, you want a broker who will tell you what the building is worth today and negotiate accordingly. We do that work.