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What commercial property actually sold for in Lauderdale-by-the-Sea

12 single-parcel commercial transactions recorded in Broward County between 2021–2023, straight from the property appraiser’s records — address, size, price and price per square foot. Not asking prices. What buyers paid.

$392Median $/SF
$2,142,500Median price
12Sales on record
2021–2023Period

Recent recorded sales

Most recent first. Building area is the appraiser’s figure; price per square foot is the recorded price divided by that area.

AddressTypeBldg SFYear Price$/SF
4229 N OCEAN DR
333085424 · built 1965
Other commercial9,3332023$5.50M$589
4512 BOUGAINVILLA DR #1-9
33308 · built 1966
Other commercial6,0002023$3.60M$600
231 COMMERCIAL BLVD
333084441 · built 1967
Office1,2532023$400,000$319
4553 BOUGAINVILLA DR
33308 · built 1964
Other commercial6,9572022$4.75M$682
4213 EL MAR DR #1-6
33308 · built 1954
Other commercial3,6942022$2.90M$785
253 E COMMERCIAL BLVD
33308 · built 1973
Retail9,3852022$1.62M$172
239 E COMMERCIAL BLVD
33308 · built 1958
Retail4,9022022$1.60M$326
4625 N OCEAN DR
333083619 · built 1958
Other commercial8,8132021$2.74M$311
4620 N OCEAN DR
33308 · built 1957
Other commercial5,4912021$2.40M$437
4241 EL MAR DR
33308 · built 1964
Other commercial3,0622021$1.89M$615
4529 N OCEAN DR
33308 · built 1964
Other commercial5,0412021$1.75M$347
234 E COMMERCIAL BLVD
33308 · built 1975
Retail2,2402021$765,000$341

Median $/SF by year

YearSalesMedian $/SF
20215$347
20224$504
20233$589

Thin years move a lot on a handful of transactions. Read the direction, not the decimal.

If you own commercial property in Lauderdale-by-the-Sea

Other commercial product is what trades here — 8 of the 12 recorded sales (67%), at a median of $595 per foot. The rest splits across retail ($326/SF), office ($319/SF).

Lauderdale-by-the-Sea runs 59% above the Broward County median of $246/SF. That gap is not a verdict on any one building — it reflects what kind of product sits inside the city limits and how old it is — but it does mean a countywide average will understate what your parcel is likely to fetch.

Note the spread by product type: $319 to $595 per foot inside the same city. Anyone quoting you one Lauderdale-by-the-Sea number without asking what you own is guessing.

None of this is your number. What a specific building brings turns on what the leases say, who is in the space and for how long, the condition of the roof and the parking field, and whether the zoning permits something the current use does not.

Find out what yours would bring

First name and email. I’ll pull your parcel’s county record and send a supported range with the comparable sales behind it.

No obligation, and no listing agreement attached to it. If the answer is “hold,” I’ll tell you that.

Common questions

What is commercial property selling for in Lauderdale-by-the-Sea?

Across 12 single-parcel commercial sales recorded between 2021–2023, the median was $392 per square foot of building area, and the median transaction price was $2,142,500. Per-foot pricing varies widely by product type: Other commercial $595/SF (8) , Retail $326/SF (3) , Office $319/SF (1). Those are recorded county figures, not asking prices.

How many commercial properties have sold in Lauderdale-by-the-Sea recently?

County records show 12 qualifying single-parcel commercial transactions from 2021–2023. Multi-parcel portfolio deals are excluded from that count because their prices are booked across several folios and cannot be attributed to one building.

What kind of commercial property trades most in Lauderdale-by-the-Sea?

Other commercial accounts for 8 of the 12 recorded sales, at a median of $595 per square foot. Retail records 3 sales at a $326/SF median. Office records 1 sales at a $319/SF median.

Is a Lauderdale-by-the-Sea median a fair estimate of my building's value?

Only as a starting point. Median $/SF across this market is $392, but the range between product types here runs from $319 to $595 per foot — and inside any one type, lease structure, remaining term, condition and zoning capacity move the number further. A broker opinion of value prices your specific parcel against the comps that genuinely apply to it.

Sold data in nearby Broward County markets

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County property appraiser records, public information. Single-parcel transactions only. Not an appraisal. How these figures are filtered →

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