Lake Ridge Homes for Sale

Lake Ridge is a community in Fort Lauderdale, Broward County, Florida. Active listings are priced from $615,000 to $1,200,000. Homes were built between 1949 and 2022. Pure Equity lists homes in Lake Ridge 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 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 10 Lake Ridge Fort Lauderdale homes for sale as of October 2026. The median asking price is $1.18M. Asking prices run from $695,000 to $1.51M.

That is 73% above the Fort Lauderdale median of $679,000. On a per-foot basis, homes here ask about $552 per square foot, compared with $464 across Fort Lauderdale. So the median price buys roughly 2,150 square feet of living area.

Listings here have averaged 87 days on the market. That is faster than the Fort Lauderdale average of 139 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Lake Ridge date from 1949 to 2022. That puts them between 4 and 77 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

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.

Rentals in Lake Ridge have a median asking rent of $1,600 per month, across 9 active rental listings. For comparison, the Fort Lauderdale median is $2,600, so rents here run 38% lower.

You can browse current Fort Lauderdale rentals or ask us for a rent estimate on a specific Lake Ridge home.

Here is what the median Lake Ridge price means in Florida closing terms. At $1.18M, a 20% down payment comes to about $235,000, leaving a loan near $940,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,290. Next, the intangible tax of 0.2% adds about $1,880. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Lake Ridge median, that is about $8,225.

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.

Recent Lake Ridge listings show assignments to Bennett (elementary), Sunrise (middle) and Fort Lauderdale (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.