Lucille Island Homes for Sale

Lucille Island is a luxury waterfront, luxury community in Fort Lauderdale, Broward County, Florida. Properties are priced from $9,000,000 to $32,500,000. Pure Equity lists homes in Lucille Island 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 Lucille Island 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 5 Lucille Island Fort Lauderdale homes for sale as of October 2026. The median asking price is $14.5M. Asking prices run from $8.85M to $29.9M.

That is 2035% above the Fort Lauderdale median of $679,000. On a per-foot basis, homes here ask about $2,316 per square foot, compared with $464 across Fort Lauderdale. So the median price buys roughly 6,250 square feet of living area.

Listings here have averaged 152 days on the market. That tracks the Fort Lauderdale average of 139 days, so pricing and terms follow the wider city market.

Homes listed in Lucille Island date from 1982 to 2026. That puts them between 0 and 44 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.

Lucille Island 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.

At a median near $14.5M, Lucille Island sits in the luxury tier of Fort Lauderdale. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Lucille Island have a median asking rent of $32,000 per month, across 1 active rental listing. For comparison, the Fort Lauderdale median is $2,600, so rents here run 1131% higher.

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

Here is what the median Lucille Island price means in Florida closing terms. At $14.5M, a 20% down payment comes to about $2.9M, leaving a loan near $11.6M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $40,586. Next, the intangible tax of 0.2% adds about $23,192. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Lucille Island median, that is about $101,465.

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 Lucille Island listings show assignments to Harbordale (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.