Lake Ridge 24-47 B Homes for Sale

Lake Ridge 24-47 B is a community in Fort Lauderdale, Broward County, Florida. Active listings are priced from $635,000 to $1,300,000. Homes were built between 1950 and 1951. Pure Equity lists homes in Lake Ridge 24-47 B and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Lake Ridge 24-47 B and the Fort Lauderdale area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows a single listing for Lake Ridge 24-47 B Fort Lauderdale homes for sale as of September 2026. The median asking price is $1.3M.

That is 87% above the Fort Lauderdale median of $694,000. On a per-foot basis, homes here ask about $437 per square foot, compared with $467 across Fort Lauderdale. So the median price buys roughly 2,950 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 351 days on the market. That is slower than the Fort Lauderdale average of 145 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Lake Ridge 24-47 B date from 1950 to 1951. That puts them between 75 and 76 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Lake Ridge 24-47 B price means in Florida closing terms. At $1.3M, a 20% down payment comes to about $260,000, leaving a loan near $1.04M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,640. Next, the intangible tax of 0.2% adds about $2,080. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Lake Ridge 24-47 B median, that is about $9,100.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.