5051 W Oakland Park Blvd
#302
Lauderdale Lakes, Florida • Elm Gardens 55+ Senior Community • Positioned for Today's Market
Property Snapshot
Key details for 5051 W Oakland Park Blvd #302 at Elm Gardens, a 55+ senior condominium community in Lauderdale Lakes.
Market Data
Recent closed sales, active listings, and pending contracts for comparable 2/2 units in this community and corridor. Data from BeachesMLS, March through June 2026.
Standard 2/2 units in this community have closed between $87,000 and $98,500 with an average of 260 days on market. Two units are currently pending at $139,900 to $140,000. If those close, the market ceiling shifts significantly. The subject's 3rd floor lake and garden view position it as one of the better units in the building. The $481/month HOA covers water, sewer, trash, and all maintenance, making total cost of ownership more predictable than a single-family home.
Months of Supply
How much inventory exists relative to buyer demand. Lower supply favors sellers. Higher supply gives buyers more leverage and time.
At 9 months of supply, the W Oakland Park Blvd corridor is firmly in buyer's market territory. There are 13+ identical 2/2 units active right now. Pricing competitively from the start is not a concession -- it is the strategy that gets to closing while competing listings sit.
Best Time to Sell in Florida
Florida's real estate market has a consistent seasonal pattern based on closed sales data from 2015 to 2025. Understanding when buyers are most active helps set the right expectations for timing and pace.
Why Homes Miss
Our Approach
How Your Home Compares
Understanding where your property stands relative to active competition and recent sales defines the opportunity -- and the correct price.
- 13+ identical 2/2 units active right now
- Asking prices from $99,999 to $215,000
- Most sitting well above what the market has actually paid
- Buyer's market conditions mean buyers compare all options
- First-floor and interior-facing units mixed in
- 3rd floor -- one of the best view positions in the building
- Lake and garden view from every angle
- Move-in ready condition
- Elevator access, no stairs required
- Full HOA coverage -- water, sewer, trash, maintenance included
- Standard 2/2 units closed $87,000 to $98,500
- Average days on market: 260 days
- Two pending units at $139,900 to $140,000 -- not yet closed
- Market rewards condition and realistic pricing
- Proven closed data is the baseline, not asking prices
Pricing Strategy
Three scenarios based on market data, days on market trends, and the subject's competitive position within Elm Gardens and the W Oakland Park Blvd corridor.
A final price recommendation requires an in-person walkthrough of this property. The market data and comparable analysis are complete. Once the interior condition, updates, and finishes are assessed, specific pricing targets will be provided. This presentation reflects current market positioning only.
Estimate Your Net Proceeds
Adjust the inputs below to model different scenarios. Results update live as you type.
Sale Details
For planning purposes only. Does not replace final title or closing figures provided by your closing agent.
Every Tool. Every Channel. Full Execution.
Positioned to Create Demand
Nine channels working together to reach qualified buyers -- not just locally, but across South Florida and the national markets that feed into it.
How We Market the Neighborhood
Buyers do not just choose a unit -- they choose a lifestyle. These are the four stories we tell about Elm Gardens to attract the right 55+ buyer and accelerate the decision.
For a 55-plus buyer who wants to own in South Florida without the cost and complexity of a house, Elm Gardens delivers exactly that. The HOA at $481 per month covers water, sewer, trash, elevator service, grounds, and maintenance -- buyers are not looking at utility bills, landscaping costs, or roof repairs. The lake view from the 3rd floor is one of the best in the building. Fort Lauderdale Beach is 20 minutes away, the airport is 10 minutes, and Boca Raton is a short drive south. This is a low-overhead, low-maintenance South Florida lifestyle at a price point that makes ownership accessible.
What Our Clients Say
Positioning Determines the Outcome
The difference between a property that sells and one that sits is not luck -- it is strategy, presentation, and timing. In a community with 9 months of supply and 13+ competing units, the listing that wins is the one that is priced correctly, presented professionally, and marketed actively from day one.
The Alfredo Rivera Group brings a complete plan to every listing -- from comp analysis and pricing strategy to photography, paid advertising, and offer management. Are you ready to move forward?