South Leisure By The Sea Homes for Sale

South Leisure By The Sea is a residential community in Lauderdale-by-the-Sea, Florida.

Pure Equity Realty covers South Leisure By The Sea 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 4 South Leisure By The Sea Lauderdale-by-the-Sea homes for sale as of October 2026. The median asking price is $230,000. Asking prices run from $225,000 to $235,000.

That is 62% below the Lauderdale-by-the-Sea median of $613,000. On a per-foot basis, homes here ask about $359 per square foot, compared with $483 across Lauderdale-by-the-Sea. So the median price buys roughly 650 square feet of living area.

Listings here have averaged 147 days on the market. That tracks the Lauderdale-by-the-Sea average of 144 days, so pricing and terms follow the wider city market.

Homes listed in South Leisure By The Sea date from 1966, so they are about 60 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.

South Leisure By The Sea is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

Rentals in South Leisure By The Sea have a median asking rent of $1,800 per month, across 1 active rental listing. For comparison, the Lauderdale-by-the-Sea median is $3,500, so rents here run 49% lower.

You can browse current Lauderdale-by-the-Sea rentals or ask us for a rent estimate on a specific South Leisure By The Sea home.

Here is what the median South Leisure By The Sea price means in Florida closing terms. At $230,000, a 20% down payment comes to about $46,000, leaving a loan near $184,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $644. Next, the intangible tax of 0.2% adds about $368. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the South Leisure By The Sea median, that is about $1,610.

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 South Leisure By The Sea 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.