Fort Lauderdale Homes for Sale Over $5 Million

Fort Lauderdale is the center of the South Florida yachting world — more than 165 miles of navigable canals, a downtown that has filled with new towers, and beach neighborhoods that still feel residential.

At $5 Million and up in Fort Lauderdale, you are generally choosing between location and condition: an older home in the best position, or a newer home a street or two back. Ocean access is not one thing here. Homes east of the Intracoastal on Las Olas Isles, Seven Isles, Idlewyld and Harbor Beach reach Port Everglades with no fixed bridges, which is what a 70-foot-plus yacht requires. West of the Intracoastal and along the New River you trade bridge clearance for lot size and value, and the difference between the two can be several million dollars on otherwise similar houses.

Remember that the purchase price is only part of the number. Property tax resets to the new sale price after closing, and windstorm plus flood insurance on coastal property can add materially to the monthly figure. Run the real total before you set your ceiling — the budget search tool on this site does exactly that.

I am Simon Gedz, a Realtor working South Florida since 1995. Ask me what comparable homes in this range actually closed for, not just what they are asking.