Lago Mar Place
Homes for Sale in Fort Lauderdale, FL

Lago Mar Place is a small Fort Lauderdale enclave in Broward County's beach feed, distinguished more by its coastal address than by shared amenities—recent closed-sale activity has been limited to two transactions.

BeachesMLS sales records identify 27 homes in Lago Mar Place that have changed hands since 2006, built between 1956 and 1985 (median 1962), with a median living area of about 1,158 sq ft and a typical 2-bedroom, 2-bath layout. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

Lago Mar Place is too small for its own price trend, so here is the market around it.

In ZIP 33316, 337 homes are on the market and 10% are under contract — a slower corner of Fort Lauderdale.

Across Broward County, 14,300 homes are active and 3,189 pending (18% under contract).

In ZIP 33316 (Fort Lauderdale), 250 homes closed in the last 12 months at a median of $975K ($651/sq ft), down 3.3% year over year, with a median 86 days on market. Right now 208 active and 21 pending listings put supply at about 9.3 months — a soft market. See the live ZIP 33316 housing market and the Broward County market.

ZIP and county figures describe the wider market, not Lago Mar Place specifically. Momentum Research analysis of MLS records.

Lago Mar Place offers ownership close to Fort Lauderdale's beachfront without a master-planned amenity package. No identifiable community pool, fitness center, or clubhouse means lower HOA overhead, but it also means you are buying the unit and the location—nothing more. This appeals to buyers who want coastal access, low carrying costs, and the freedom to spend evenings at nearby restaurants rather than a residents-only pool deck.

The flip side: with only two closings captured in the current window, inventory turns slowly. Sellers may hold firm on price because alternatives are scarce, and buyers face fewer options to compare condition and value side-by-side. Each unit's finish level, view, and deferred-maintenance profile will vary meaningfully, so due diligence on building reserves, special assessments, and individual unit condition is non-negotiable.

Fort Lauderdale's beach feed has seen widening price spreads as older stock competes with gut-renovated units and new construction. Lago Mar Place sits in that tension: the address commands attention, but without resort amenities or a steady flow of comps, pricing becomes a function of negotiation skill as much as market trend. If you know what coastal living costs and can assess a building's financial health independently, this kind of lower-profile enclave can deliver value that busier complexes no longer offer.

Thin inventory and infrequent closings mean pricing data ages quickly and comparable sales may not reflect current conditions. Momentum's analysts track building-level transaction history, HOA financials, and micro-market movement across Fort Lauderdale's beach corridor so you enter negotiations with a realistic range—not last year's headline number. We will walk the unit with you, flag deferred maintenance or assessment risk before you write an offer, and tell you when the ask does not match the asset. In communities without amenity cover stories, honest brokerage matters more.

Listings in this community report association dues of about $1,302 per month ($15,624 a year) — the median AssociationFee across 20 MLS records, normalised to a monthly figure; most are billed annually. 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, 2026-10.

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