Cloisters Co-op in Lauderdale-By-The-Sea

Nestled in the charming coastal town of Lauderdale-By-The-Sea, the Cloisters Co-op offers a unique blend of history, community, and modern conveniences that make it an attractive option for both buyers and sellers. This well-established cooperative has become a sought-after destination for those looking to enjoy the laid-back lifestyle of South Florida while still being close to urban amenities.

The Cloisters Co-op boasts a rich history that dates back to its inception in the mid-1960s. Originally built as a haven for retirees, it has evolved over the years into a vibrant community appealing to a diverse demographic. With only 64 units spread across multiple buildings, this intimate setting fosters a sense of belonging among residents. The units range in size from one-bedroom apartments at approximately 700 square feet to two-bedroom options that can exceed 1,200 square feet, providing ample space for various lifestyles.

Current prices at the Cloisters Co-op reflect its desirability and prime location. As of now, listings typically range from $250,000 to $450,000 depending on factors such as unit size, floor level, and views. The market here is competitive; properties often receive multiple offers within days of listing due to the co-op's appeal and limited inventory. For sellers, this presents an excellent opportunity to capitalize on their investment while attracting motivated buyers eager to join this close-knit community.

Recent updates have enhanced the overall living experience at Cloisters. Many units have undergone renovations that include modern kitchens with stainless steel appliances, updated bathrooms, and stylish flooring options. The co-op board has also invested in common area improvements such as fresh landscaping and building maintenance that not only elevate curb appeal but also ensure long-term value for residents.

Amenities at the Cloisters Co-op are designed with comfort and convenience in mind. Residents can enjoy access to a heated swimming pool surrounded by lush tropical landscaping—perfect for soaking up the sun or hosting gatherings with friends and family. There’s also a BBQ area for outdoor cooking enthusiasts and ample parking for residents and guests alike. Additionally, the co-op is pet-friendly, allowing furry companions to share in the joy of coastal living.

Another important aspect of living in a co-op is understanding current assessments and fees associated with ownership. The monthly maintenance fees cover essential services such as water, trash removal, basic cable TV, insurance on the building structure, and upkeep of common areas. As of now, monthly fees range from $350 to $600 depending on unit size and specific assessments that may be in place for ongoing projects or improvements.

The neighborhood surrounding Cloisters Co-op adds another layer of allure for potential buyers. Lauderdale-By-The-Sea is known for its picturesque beach access and charming small-town atmosphere. Residents can enjoy leisurely strolls along the beach promenade or dine at local restaurants offering fresh seafood and international cuisine just minutes from their doorstep. The town hosts various events throughout the year—from art festivals to holiday celebrations—creating opportunities for neighbors to connect and engage.

For outdoor enthusiasts, Lauderdale-By-The-Sea provides ample recreational activities including snorkeling at nearby coral reefs or participating in water sports like paddleboarding and kayaking. The town’s commitment to preserving its natural beauty is evident through well-maintained parks and green spaces that invite residents to explore nature while enjoying breathtaking ocean views.

As we look ahead into 2024, trends suggest continued interest in properties like those at Cloisters Co-op due to their unique combination of affordability relative to other coastal areas in South Florida alongside their inviting community atmosphere. Buyers seeking an investment or a second home will find much value here—whether they are looking for a peaceful retreat or an active lifestyle filled with social engagement.

In conclusion, whether you are considering buying or selling at Cloisters Co-op or simply exploring your options within Lauderdale-By-The-Sea’s real estate market, this charming co-operative stands out as an excellent choice infused with history and community spirit. With its desirable location near pristine beaches combined with modern amenities and an engaged neighborhood atmosphere—it truly embodies what coastal living is all about!

To buy, sell or invest Lauderdale-By-The-Sea real estate call Brian "B" Elam.  B At The Beach Realty, Sun, Sand, SOLD!