Ocean Summit Condo
Homes for Sale in Fort Lauderdale, FL

Community in Fort Lauderdale · Broward County
Median sale $463K
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Built fromLive Beaches MLS data19 years of closingsUpdated twice daily
Live · Ocean Summit Condo Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$463K
Median sold · 12 mo
$389/sf
Sold $/sqft · 12 mo
peak $391 in 2021
85.7%
Sale vs ask
Broward median: 96.7%
Tempo
56days
Median DOM · closed
13 days at the 2021 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 19 years of records
1,100sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Ocean Summit Condo sits in Fort Lauderdale's beachside corridor, where the $463K median puts it in the middle tier of Broward County condo stock. At $389 per square foot, you're paying for proximity to the ocean and the brand recognition of the Fort Lauderdale address, not for large floorplans or recent construction. The 56-day median time on market is a legitimate pause—not stale inventory, but enough friction that a prepared buyer with inspection discipline has room to negotiate.

Three closings in the trailing window means this is a small or slowly turning building. Sellers here need patience and sharp pricing; buyers get the benefit of minimal competition but should budget for a full building-financials review before any offer. This is not a liquid market—expect deliberate timelines and know that your exit will look like this entry.

The 60-Second Overview

Ocean Summit Condo market snapshot (as of July 15, 2026): the median sale price is about $463K ($389 per sq ft over the trailing 12 months of closed sales), and a median 56 days on market for closed sales.

Ocean Summit Condo is a Fort Lauderdale beachside building with a $463K median and 56 days on market—a mid-tier price point in a market that rewards location over speed.

Best for

  • Buyers with a $460K–$500K budget seeking Fort Lauderdale beachside exposure without the price or pace of newer luxury towers.
  • Second-home or seasonal buyers who prioritize location over amenities and plan to hold long enough that the 56-day market tempo doesn't constrain their strategy.
  • Cash or conventional buyers comfortable conducting thorough condo-association due diligence and negotiating in a patient market.

Probably not for

  • Buyers who need a liquid resale market or expect to exit within two to three years—this building's pace won't accommodate a fast flip.
  • Anyone seeking resort-style amenities, modern construction, or a high-service condo experience; Ocean Summit Condo delivers location, not lifestyle infrastructure.
  • Investors targeting high turnover or short-term rental income in a competitive, fast-moving market—this is a buy-and-hold building by tempo and structure.

Windows contain 0 to 3 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.

Homes sold per 12-mo window
012320122014201620182020202220242026
0 to 3 a year; 3 in the current window.

If we were buying in Ocean Summit 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 Ocean Summit Condo.

Best Buy
Buyers prioritizing Fort Lauderdale beach location at a mid-tier price who can accept a slower resale market.
Biggest Risk
Limited liquidity—three closings in the trailing window means your exit will be patient, too.
Sweet Spot
Units priced near the $463K median with updated interiors and clean building financials.
Avoid If
You need resort amenities, a fast resale window, or are uncomfortable with small-building condo governance.

Small inventory, deliberate pace

Ocean Summit Condo recorded three closings over the trailing period at a $463K median, with units spending a median of 56 days on market. The $389 per-square-foot basis reflects Fort Lauderdale's beachside premium, but the timeline tells you this isn't a hot-market building—it's a patient one. Inventory here is limited, either by building size or owner retention, so when a unit does come available, it's worth evaluating carefully.

MLS data shows no community amenities flagged in current listings, which typically means either an older building with minimal common facilities or simply units marketed on location and interior condition alone. Buyers should request the association budget, reserve study, and any pending special assessments during due diligence. The slower pace gives you time to do that work without pressure.

The trade-off is straightforward: you get Fort Lauderdale beach access at a mid-tier price, but you surrender the liquidity and amenity package of larger, newer towers. If your priority is the address and the ocean, and you're comfortable with a deliberate resale timeline, Ocean Summit Condo delivers on that calculus. If you need a fast exit strategy or resort-style amenities, look elsewhere.

The location and the amenities are priced into every listing in Ocean Summit 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

Ocean Summit Condo's quiet pace and small inventory window mean you need a broker who reads the building financials as closely as the comps. Momentum works the Fort Lauderdale beachside corridor daily—we know which buildings are well-reserved, which are assessment risks, and how to price a unit in a 56-day market without leaving money on the table. Whether you're buying into slower inventory or selling into it, we set realistic timelines and negotiate from a position of building-level intelligence, not just recent sales. We'll tell you if the reserves are thin or if another building two blocks over offers better value—because our job is to get the right outcome, not the fastest one.

Ocean Summit Condo in 15 seconds.

Best forBuyers prioritizing Fort Lauderdale beach location at a mid-tier price who can accept a slower resale market.
Biggest advantageAccess to the beachside corridor without the luxury-tower premium or feeding-frenzy timelines.
Biggest riskLimited liquidity—three closings in the trailing window means your exit will be patient, too.
Sweet spotUnits priced near the $463K median with updated interiors and clean building financials.
Avoid ifYou need resort amenities, a fast resale window, or are uncomfortable with small-building condo governance.

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 Ocean Summit 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 Ocean Summit Condo?
The median sale price in Ocean Summit Condo was $463K over the 12 months ending July 15, 2026 (3 closed sales, Beaches MLS).
How long do homes in Ocean Summit Condo take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 56 days on market (3 sales, Beaches MLS).
Who is the best real estate agent for Ocean Summit Condo?
The best agent for Ocean Summit 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 Ocean Summit Condo.
How do I find a top Fort Lauderdale real estate agent who knows Ocean Summit 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 Ocean Summit Condo and the wider Fort Lauderdale area.
Can Momentum Realty connect me with an agent for Ocean Summit Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Ocean Summit Condo purchase or sale - no call center and no pressure.
Buyers with a $460K–$500K budget seeking Fort Lauderdale beachside exposure without the price or pace of newer luxury towers.Excellent fit
Second-home or seasonal buyers who prioritize location over amenities and plan to hold long enough that the 56-day market tempo doesn't constrain their strategy.Excellent fit
Cash or conventional buyers comfortable conducting thorough condo-association due diligence and negotiating in a patient market.Excellent fit
Buyers who need a liquid resale market or expect to exit within two to three years—this building's pace won't accommodate a fast flip.Probably not
Anyone seeking resort-style amenities, modern construction, or a high-service condo experience; Ocean Summit Condo delivers location, not lifestyle infrastructure.Probably not
Investors targeting high turnover or short-term rental income in a competitive, fast-moving market—this is a buy-and-hold building by tempo and structure.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 2007 (21 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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