Caribe Co Op Homes for Sale

Caribe Co Op is a residential community in Lauderdale-by-the-Sea, Florida.

Pure Equity Realty covers Caribe Co Op and the Lauderdale-by-the-Sea 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 2 Caribe Co Op Lauderdale-by-the-Sea homes for sale as of October 2026. The median asking price is $362,000. Asking prices run from $345,000 to $380,000.

That is 47% below the Lauderdale-by-the-Sea median of $684,000. On a per-foot basis, homes here ask about $549 per square foot, compared with $500 across Lauderdale-by-the-Sea. So the median price buys roughly 650 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 81 days on the market. That is faster than the Lauderdale-by-the-Sea average of 148 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Caribe Co Op date from 1962, so they are about 64 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.

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.

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

Here is what the median Caribe Co Op price means in Florida closing terms. At $362,000, a 20% down payment comes to about $72,000, leaving a loan near $290,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,014. Next, the intangible tax of 0.2% adds about $580. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Caribe Co Op median, that is about $2,536.

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 Caribe Co Op 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.