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Built in 1978 - 170 units - 18 floors

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Building Information

Essex Tower

Number of units: 170
Active listings for rent: 3
Active listings for sale: 10
Building inventory for sale: 5%
Number of sales over the last 12 months: 8
Number of sales over the last 6 months: 5
Number of sales over the last 3 months: 2
Avg. time to close over last 12 months: 116 days

Address

340 Sunset Dr, Fort Lauderdale, Broward, FL, 33301

Essex Tower Condominium Association
340 Sunset Dr Apt 610
Fort Lauderdale, FL 33301
Phone number (954) 467-3311

Recent Sales

Unit # Size Closing Date Sale Price PPSF
209 1,218 sq ft Nov 2024 $385,000 $316
502 1,228 sq ft Oct 2024 $378,000 $308
1211 1,534 sq ft Aug 2024 $700,711 $457
505 1,218 sq ft Jun 2024 $401,000 $329
504 1,218 sq ft Jun 2024 $400,000 $328

Market Information

Building vs Area

Essex Tower: $346/sq. ft.
Fort Lauderdale: $539/sq. ft.

Area vs City

Fort Lauderdale $539/sq. ft.
Broward $339/sq. ft.

Inventory for sale

Fort Lauderdale: 5%
Broward: 4%

Avg. time to close over last 12 months

Essex Tower 116 days
Fort Lauderdale: 87 days
Broward: 75 days