Oasis-Nurmi Isle Co-Op
Homes for Sale in Fort Lauderdale, FL

Oasis-Nurmi Isle Co-Op market snapshot (as of July 15, 2026): the median sale price is about $487K ($427 per sq ft over the trailing 12 months of closed sales), and a median 28 days on market for closed sales.

Oasis-Nurmi Isle is a co-op enclave in Fort Lauderdale where governance, approval timelines, and financing quirks define the transaction as much as the property itself.

Co-op ownership means you are buying shares in a corporation that owns the building, not deeded real estate. You will submit financials to a board, wait for approval, and accept restrictions on renting, pets, and resale that do not exist in condo or single-family markets. Some conventional lenders will not finance co-ops at all; others require higher down payments and treat the loan as a share loan rather than a mortgage. Title insurance and closing mechanics differ. All of this creates friction—and that friction keeps prices below comparable fee-simple waterfront product.

The three closings in the trailing period and 28-day median suggest the market here moves when it moves, but it does not move often. Inventory is episodic; a buyer who wants in may wait months for the right unit, and a seller will need to price for a smaller, more deliberate pool. The $427 per square foot median indicates these are not luxury renovations—expect older finishes, galley kitchens, and dated baths unless a specific unit has been updated. Location within the co-op, water view, and floor level will create wide variation in both price and days on market that the median cannot capture.

Fort Lauderdale's Nurmi Isles area offers Intracoastal proximity and quiet streets, but co-op living here is decidedly unglamorous. No identified community amenities in current listings means you are buying shelter and location, not a clubhouse or pool. If you need resort-style common areas or want to Airbnb your unit six months a year, this is the wrong structure. If you want affordability near the water and can live within the co-op's rules, the discount is real.

Co-op transactions require fluency in a different rulebook—share certificates, proprietary leases, board packages, and estoppel letters that most agents have never touched. Momentum has closed co-op deals across Northeast Florida and South Florida; we know which lenders will work with the structure, how to prepare a board package that clears on the first pass, and how to negotiate price when comparables are sparse and every unit is a special case. We will also tell you when the board restrictions or resale constraints make a particular co-op a poor fit for your goals—before you waste time on a contract that will not close.

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