Ocean Colony Homes for Sale

Ocean Colony is a gated, waterfront community in Lauderdale-by-the-Sea, Broward County, Florida. Active listings are priced from $394,000 to $650,000. Homes were built between 1970 and 1971. Pure Equity lists homes in Ocean Colony 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 Ocean Colony 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 8 Ocean Colony Lauderdale-by-the-Sea homes for sale as of October 2026. The median asking price is $587,000. Asking prices run from $429,000 to $875,000.

That is 7% below the Lauderdale-by-the-Sea median of $630,000. On a per-foot basis, homes here ask about $470 per square foot, roughly in line with the city at $484. So the median price buys roughly 1,250 square feet of living area.

Listings here have averaged 100 days on the market. That is faster than the Lauderdale-by-the-Sea average of 146 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Ocean Colony date from 1970 to 1971. That puts them between 55 and 56 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.

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

Ocean Colony 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.

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

Here is what the median Ocean Colony price means in Florida closing terms. At $587,000, a 20% down payment comes to about $117,000, leaving a loan near $470,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,644. Next, the intangible tax of 0.2% adds about $939. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Ocean Colony median, that is about $4,109.

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 Ocean Colony listings show assignments to McNab (elementary), Pompano Beach (middle) and Northeast (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.