Tamarac Lakes South 62-24
Homes for Sale in Fort Lauderdale, FL

Community in Fort Lauderdale · Broward County
Median sale $392K
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Live Market Pulse
36/100
Market Heat
Cooler than normal
2015 → 2026 · 80 at the 2022 peak
0 is Tamarac Lakes South 62-24's coldest market since 2015, 100 its hottest. Today: 36. How it's scored
Built fromLive Beaches MLS data20 years of closingsUpdated twice daily
Live · Tamarac Lakes South 62-24 Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$392K
Median sold · 12 mo
up 9.1% vs the prior 12 months
+9.1%
1-yr price change
n = 4 and 7 sales in the two windows
$325/sf
Sold $/sqft · 12 mo
peak $336 in 2025
98.1%
Sale vs ask
Broward median: 96.7%
+641%
T12M median vs 2012
from a $53K median in 2012
Tempo
87days
Median DOM · closed
9 days at the 2018 low
4
Sold · last 12 mo
10-yr average: about 9 a year
Track record · 20 years of records
1,192sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Tamarac Lakes South is a small, thinly traded condo enclave in Fort Lauderdale's Broward County market. With a median of $392,500 and just four closings in the trailing year, this is not a liquid market—it's a bet on a specific building and unit condition rather than a fungible commodity. The nine-percent year-over-year gain is real, but inventory turns slowly here: median days on market hit 87, well above most actively traded condo projects.

For a seller, pricing discipline and patience matter. For a buyer, the lack of comps and slow absorption mean negotiating leverage exists if you can wait out a motivated seller, but financing and building due diligence become critical. This is an opportunistic play, not a plug-and-play investment.

Tamarac Lakes South 62-24 Housing Pulse · Momentum Research · as of July 15, 2026

Tamarac Lakes South 62-24 right now

🟢 Still climbing. The trailing-12-month median ($392K) is up 9.1% from the prior 12 months ($360K) and up 641% since 2012. With about a dozen 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: Low (4 and 7 sales in the two windows).

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

Tamarac Lakes South 62-24 market snapshot (as of July 15, 2026): the median sale price is about $392K ($325 per sq ft over the trailing 12 months of closed sales), and a median 87 days on market for closed sales. The trailing-12-month median is up 9% from the prior 12 months and up 641% since 2012, computed from record-level Beaches MLS closed sales (4 closings in the current window).

Tamarac Lakes South is a low-volume Fort Lauderdale condo community where price is highly condition-dependent and inventory cycles are measured in months, not weeks.

Best for

  • Cash investors comfortable with illiquid assets who can negotiate patiently and hold through slow cycles
  • Buyers seeking Fort Lauderdale condo exposure at a discount to faster-trading projects and willing to trade liquidity for price
  • Owner-occupants with building due-diligence experience who plan to stay long enough that resale timing is irrelevant

Probably not for

  • Buyers who need predictable resale liquidity or must sell on a schedule for relocation or life events
  • First-time condo buyers without the skills to evaluate HOA reserves, special assessments, and building condition independently
  • Investors seeking high-velocity inventory turnover or reliable comp depth for confident pricing and fast exits

Windows contain 1 to 22 sales each (4 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.

Median sale price · trailing 12 mo
$200K$400K20122014201620182020202220242026
Up 9.1% year over year; up 641% since 2012.
Every sale since 2006 · price vs size
$0$200K$400K1k2k
167 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$30020122014201620182020202220242026
Up from $47 in 2012 to a $336 peak in 2025; $325 now.
Median days on market · closed sales
05010020122014201620182020202220242026
9 days at the 2018 low; 87 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
98.1% now vs Broward 96.7%.
Homes sold per 12-mo window
0102020122014201620182020202220242026
1 to 22 a year; 4 in the current window.
Indexed since 2012 · Tamarac Lakes South 62-24 vs Broward
0250500750Broward +147%Tamarac Lakes South 62-24 +641%20122014201620182020202220242026
Same Beaches MLS record, indexed to 100 at 2012.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20162018202020222026
80 at the 2022 peak, 24 in the troughs, 36 now. Same score as the hero card, full history.

If we were buying in Tamarac Lakes South 62-24 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 Tamarac Lakes South 62-24.

Best Buy
Cash buyers hunting discount condos in Fort Lauderdale with patience to negotiate and no resale timeline.
Biggest Risk
Illiquid resale—when you need to sell, you will wait months, not weeks, and may need to discount.
Sweet Spot
A buyer with building due-diligence skills who can underwrite the unit and HOA independently and does not need fast liquidity.
Avoid If
You prize resale optionality, need to sell on a timeline, or want abundant comps and predictable market depth.

Illiquid inventory, condition-driven pricing

The headline number—median $392,500—tells only part of the story. With four closings over the past year and 87 days on market, this is a sparse, slow-moving inventory pool. Price per square foot sits at $325, but in a sample this small every unit's finish level, view, and deferred maintenance profile swings value dramatically. Buyers cannot rely on abundant comps; you are underwriting the specific apartment and the building's reserve health, not the neighborhood.

The 641-percent gain since 2012 reflects Broward's long condo recovery, but recent velocity has slowed. The market-heat score of 36 confirms a cool posture: listings linger, and sellers who need to move will negotiate. If you are a cash buyer or can afford to be patient, that creates opportunity. If you need certainty on timing or resale liquidity, this is the wrong market.

Fort Lauderdale's broader condo universe offers deeper inventory and faster turns. Tamarac Lakes South works for the buyer who wants a specific product at a discount to faster-trading projects and understands that exit liquidity will be equally slow. It does not work for anyone who prizes optionality or needs to sell on a schedule.

The location and the amenities are priced into every listing in Tamarac Lakes South 62-24. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
9.0A · Buy Score
Long-Term Appreciation10.0/10
Recent Direction8.3/10
Pricing Power8.7/10

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 (9.0). Basis: Long-Term Appreciation +641% since 2012; Recent Direction +9.1% year-over-year; Pricing Power 98.1% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a thin, slow market like Tamarac Lakes South, the broker who can read building financials, pull permit history, and negotiate without panic is the one who saves you money—or gets your listing sold. Momentum's analysts track Broward condo inventory daily; we know when a unit has sat too long and when a seller's price is finally realistic. We will tell you if the HOA reserve study is a red flag and when to walk. In illiquid inventory, information asymmetry is expensive; we level it.

Tamarac Lakes South 62-24 in 15 seconds.

Best forCash buyers hunting discount condos in Fort Lauderdale with patience to negotiate and no resale timeline.
Biggest advantageMedian 87 days on market and thin comps create negotiating leverage for disciplined buyers.
Biggest riskIlliquid resale—when you need to sell, you will wait months, not weeks, and may need to discount.
Sweet spotA buyer with building due-diligence skills who can underwrite the unit and HOA independently and does not need fast liquidity.
Avoid ifYou prize resale optionality, need to sell on a timeline, or want abundant comps and predictable market depth.

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 Tamarac Lakes South 62-24 sales matched to your home.

What is your Tamarac Lakes South 62-24 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Tamarac Lakes South 62-24?
The median sale price in Tamarac Lakes South 62-24 was $392K over the 12 months ending July 15, 2026 (4 closed sales, Beaches MLS).
How long do homes in Tamarac Lakes South 62-24 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 87 days on market (4 sales, Beaches MLS).
Have Tamarac Lakes South 62-24 home prices gone up?
The trailing-12-month median is up 641% since 2012, from $53K to $392K (Beaches MLS closed records).
Who is the best real estate agent for Tamarac Lakes South 62-24?
The best agent for Tamarac Lakes South 62-24 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 Tamarac Lakes South 62-24.
How do I find a top Fort Lauderdale real estate agent who knows Tamarac Lakes South 62-24?
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 Tamarac Lakes South 62-24 and the wider Fort Lauderdale area.
Can Momentum Realty connect me with an agent for Tamarac Lakes South 62-24?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Tamarac Lakes South 62-24 purchase or sale - no call center and no pressure.
Cash investors comfortable with illiquid assets who can negotiate patiently and hold through slow cyclesExcellent fit
Buyers seeking Fort Lauderdale condo exposure at a discount to faster-trading projects and willing to trade liquidity for priceExcellent fit
Owner-occupants with building due-diligence experience who plan to stay long enough that resale timing is irrelevantExcellent fit
Buyers who need predictable resale liquidity or must sell on a schedule for relocation or life eventsProbably not
First-time condo buyers without the skills to evaluate HOA reserves, special assessments, and building condition independentlyProbably not
Investors seeking high-velocity inventory turnover or reliable comp depth for confident pricing and fast exitsProbably 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 2006 (167 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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You just read the data. Now see what your home is worth.

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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