Palms Tower One Homes for Sale

Palms Tower One Condo is a luxury waterfront, luxury community in Fort Lauderdale, Broward County, Florida. Properties are priced from $1,100,000 to $3,000,000. Pure Equity lists homes in Palms Tower One 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 Palms Tower One 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 6 Palms Tower One Fort Lauderdale homes for sale as of October 2026. The median asking price is $1.74M. Asking prices run from $1.32M to $2.79M.

That is 151% above the Fort Lauderdale median of $694,000. On a per-foot basis, homes here ask about $737 per square foot, compared with $467 across Fort Lauderdale. So the median price buys roughly 2,350 square feet of living area.

Listings here have averaged 175 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 Palms Tower One date from 1999 to 2000. That puts them between 26 and 27 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.

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.

Palms Tower One 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.

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

At a median near $1.74M, Palms Tower One sits in the luxury tier of Fort Lauderdale. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Palms Tower One have a median asking rent of $6,000 per month, across 1 active rental listing. For comparison, the Fort Lauderdale median is $2,700, so rents here run 122% higher.

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

Here is what the median Palms Tower One price means in Florida closing terms. At $1.74M, a 20% down payment comes to about $349,000, leaving a loan near $1.4M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $4,885. Next, the intangible tax of 0.2% adds about $2,791. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Palms Tower One median, that is about $12,212.

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 Palms Tower One 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.