Lhermitage Homes for Sale

Lhermitage I Condominium is a luxury gated, waterfront, luxury community in Fort Lauderdale, Broward County, Florida. Properties are priced from $1,300,000 to $3,000,000. Pure Equity lists homes in Lhermitage 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 Lhermitage 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 16 Lhermitage Fort Lauderdale homes for sale as of October 2026. The median asking price is $2.6M. Asking prices run from $1.55M to $5.15M.

That is 274% above the Fort Lauderdale median of $695,000. On a per-foot basis, homes here ask about $1,046 per square foot, compared with $467 across Fort Lauderdale. So the median price buys roughly 2,500 square feet of living area.

Listings here have averaged 73 days on the market. That is faster than the Fort Lauderdale average of 144 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Lhermitage date from 1997 to 2025. That puts them between 1 and 29 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.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Lhermitage is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

Lhermitage includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Lhermitage is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

At a median near $2.6M, Lhermitage sits in the luxury tier of Fort Lauderdale. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Lhermitage have a median asking rent of $8,250 per month, across 10 active rental listings. For comparison, the Fort Lauderdale median is $2,700, so rents here run 206% higher.

For investors, those medians imply a gross yield near 3.8% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

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

Here is what the median Lhermitage price means in Florida closing terms. At $2.6M, a 20% down payment comes to about $519,000, leaving a loan near $2.08M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $7,272. Next, the intangible tax of 0.2% adds about $4,155. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Lhermitage median, that is about $18,179.

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 Lhermitage listings show assignments to Bayview (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.