Sage Intracoastal Residences and Fort Lauderdale's Luxury Condo Resale Market

Sage Intracoastal Residences at 900 Intracoastal Drive is a new-construction tower, so a true resale market does not yet exist for it. According to the developer's official website, the project is now under construction, and the sales gallery is open. Buyers who are weighing a pied-à-terre in Fort Lauderdale still tend to measure a project like this against the existing condominiums they could close on sooner, and that comparison is the purpose of this guide.

For a second-home buyer, the useful question is not which option is better in the abstract. It is which one fits how you intend to use the home: a finished residence you can walk through and occupy, or a unit you reserve now and receive after construction ends. Existing luxury condos give you a known building, a visible operating history and the ability to inspect the exact unit. A new tower gives you current finishes and a defined amenity program, but you wait for delivery and rely on renderings and specifications until then.

Floor plates matter here as well. Per a Florida YIMBY report from November 2025, Sage will have 44 residences with just two homes per floor. Very few buildings in the established resale inventory are designed that way, which is part of why the project draws comparison with boutique and low-density existing options.

Market conditions shape both resale and new-construction decisions. According to a 2026 Fort Lauderdale luxury condo market guide published by Miami Beach Real Estate Blog, the city's overall housing inventory totaled 2,532 available homes as of March 2026, up 0.81% year over year. The same guide put months of supply at 7.8, down from 9 the prior year, which it described as buyer's-market territory by the conventional months-of-inventory standard.

That guide also reported a sale-to-list price ratio of 94.23% as of March 2026, with only 6.15% of homes selling over asking. These figures describe the broader Fort Lauderdale housing market rather than luxury condominiums alone, so they should be read as backdrop and not as a measure of any single building or price tier. They do indicate that buyers across the market have had room to negotiate and compare.

For a buyer who does not need to close quickly, that context supports a patient approach: reviewing several existing buildings in person, noting how long comparable units sit, and understanding the gap between asking and closing prices before deciding whether a pre-construction purchase is the better fit. Broader figures cannot predict what any single unit will do, so each comparison should rest on the specific building and unit.

According to the Florida YIMBY report from November 2025, Sage is a boutique tower on 200 linear feet of the Intracoastal Waterway, developed by Property Markets Group, designed by FSMY Architects with interiors by BAMO. John Moriarty and Associates is the general contractor, and the report said completion was expected in late 2027. The developer's official site describes the project as a 28-story haven on Fort Lauderdale's Intracoastal waterways.

Sources differ on some details, so verify them before relying on them. CondoBlackBook and another South Florida new-construction site describe an 18-story building, while the developer's website and Florida YIMBY say 28 stories. A March 2024 Business Journal report on the earlier proposal described two- to three-bedroom plans starting at 2,754 square feet, whereas the November 2025 Florida YIMBY report described three- and four-bedroom residences beginning at 2,767 square feet. Floor plans and counts can change as a project moves from proposal to construction, so ask for the current plan set.

The Florida YIMBY report listed ten-foot ceilings, Italian kitchen cabinetry, floor-to-ceiling impact-resistant glazing, large terraces with summer kitchens and smart home systems. It also said residents would have access to more than 19,000 square feet of indoor and outdoor amenities with a wellness focus, and that the Sage Penthouse Collection would add private rooftop spaces with summer kitchens and plunge pools. Treat these as developer-stated plans until the building is complete.

Published pricing for Sage varies by source and date.

A listing aggregator, CondosAndCondos, showed two four-bedroom units at Sage at list prices between roughly $3.7 million and $5.2 million, with an average price per square foot of about $1,390 for the project. Those figures are a snapshot from a third-party site, not a developer price list, and they should not be treated as confirmed pricing or as a sign of resale values. Because Sage has not delivered, any unit offered through a third party before closing needs its own verification with the developer's sales team and the seller.

The practical step is to request the current price sheet and availability directly from the developer's sales gallery, then compare cost per square foot against existing buildings you have actually toured. Price per square foot is a blunt tool, since views, floor height, terrace size and building age all change what a number means, but it gives a consistent starting point for a side-by-side.

Existing Fort Lauderdale condominiums offer things a project under construction cannot: you see the unit, the common areas and the building's condition firsthand, and you can often move in on a shorter timeline. You can also observe how a building feels on a weekday, how the lobby and garage function, and how neighbors use the property. For a pied-à-terre, where you may be away for weeks at a time, how smoothly a building runs matters as much as the finishes.

New construction has its own advantages. A brand-new tower reflects current design and building-systems standards, and the buyer can often influence selections before completion. Sage's developer-stated features, including impact-resistant glazing and a keyless semi-private elevator entry described by one South Florida new-construction site, are the kind of details buyers compare against older buildings. How those details perform will only be known once the building is finished and occupied.

Waterfront access is another point of comparison. Miami Beach Real Estate Blog's 2026 guide noted that Fort Lauderdale's identity as a yachting hub is backed by marina infrastructure, and it listed Sage alongside 50 Isle of Venice Drive and 160 Marina Bay among boutique developments offering private dockage. Buyers who need a boat slip should confirm in writing whether dockage is included, available or separate for any specific unit, whether new or existing.

Sage sits at 900 Intracoastal Drive, which one 2026 market guide describes as just south of Sunrise Boulevard. The Florida YIMBY report said the residences are oriented toward the Intracoastal Waterway and the Atlantic Ocean, with views protected in perpetuity by the Bonnet House Museum and Gardens. That protection is a meaningful point for buyers who care about long-term sightlines, though you should confirm how it applies to the specific line you are considering.

Buyers comparing neighborhoods will find a range of established areas. The same market guide discusses Victoria Park, Rio Vista, Coral Ridge and the Las Olas Isles as established neighborhoods. Many of those areas are dominated by single-family homes, which this article does not cover, so condominium buyers often focus on the beach and Intracoastal corridors where multifamily towers are concentrated.

A manhattanmiami.com research page notes that its team advises buyers comparing Sage with Riva Residenze for boutique scale, Ritz-Carlton Pompano for branded oceanfront and Pier Sixty-Six for resort living. That framing is useful because it shows how the project fits within a set of alternatives rather than in isolation. Visit each option at the time of day you would actually use it.

Start by deciding how soon you want to use the home. If you want to be in residence within months, existing condos are the realistic path. If you are comfortable waiting, a project like Sage becomes a candidate, with the developer's stated timeline of late 2027, as reported by Florida YIMBY in November 2025, as a planning reference rather than a guarantee. Ask the sales team for the current estimated delivery window in writing.

Next, build a comparison sheet for three or four finalists, existing and new. Include interior size, terrace size, view orientation, floor, parking, storage, dockage if relevant, and the building's amenity program. Note what you can verify in person versus what rests on developer materials. For Sage, much of the information currently comes from renderings, specifications and marketing descriptions, which the developer's own site labels as artist conceptual renderings.

Finally, speak with an advisor who can place both categories in front of you. Denis Smykalov and the team at Wolsen Developments can walk through existing Fort Lauderdale condominiums alongside new projects such as Sage Intracoastal Residences, so you can compare them against your own timeline and use.