25 Oct Palm Club Lauderdale-by-the-Sea Co-op: Prices, Inspections & SIRS (2026)

Palm Club Lauderdale-by-the-Sea Co-op: Prices, Inspections & SIRS (2026)

Palm Club is a cooperative at 1431 S Ocean Blvd in Lauderdale-by-the-Sea, built in 1958, with residences priced $550,000 to $1.1 million. County property records list 99 units. Listings call it the Palm Yacht & Beach Club, a gated 55+ community whose homes sit on the Intracoastal side of A1A, and county parcel maps show association land on both sides of A1A.

Palm Club at a Glance

Prices and Recent Listings

Asking prices for residences at Palm Club as of October 2026 ran from $550,000 to $1.1 million, depending on size, location and renovation.

Inspection Status

Because the building turned 30 before July 1, 2022, its first statewide milestone inspection was due by December 31, 2024. The next one is due about 10 years after that. Listings describe Palm Club’s residences as homes, so ask the association whether any building has three or more stories. This statewide requirement applies only to buildings of three or more stories.

Lauderdale-by-the-Sea is in Broward County, where the county’s Building Safety Inspection Program (BORA Policy 05-05) applies under the Broward amendments to the Florida Building Code. Buildings need structural and electrical safety inspections at 25 years of age, based on the certificate of occupancy date, and every 10 years after that, and the program serves as compliance for Florida’s milestone inspection. We could not find a town web page describing how the town administers the program, so confirm a building’s schedule and latest report with the Town of Lauderdale-By-The-Sea Building Division (954-640-4215) or the association.

Florida requires milestone inspections for condominium and cooperative buildings of three or more stories. Phase 1 is a visual review by a licensed engineer or architect; Phase 2 is required only if Phase 1 finds substantial structural deterioration, and repairs must begin within 365 days of the Phase 2 report.

Reserves, SIRS and Assessments

Florida’s structural integrity reserve study (SIRS) and reserve rules apply to cooperative buildings of three or more habitable stories, as they do to condominiums. Reserves for the components the study covers can no longer be waived or reduced, which has raised monthly maintenance fees in many older buildings. When comparing residences, review the current budget, the reserve balance and any planned or pending special assessments.

What Buyers Should Ask For

• The milestone inspection summary (and Phase 2 report, if any)
• The most recent structural integrity reserve study, or a statement that none exists
• The current budget, reserve balance and any special assessments
• Board minutes from the past year, for planned repairs
• The cooperative’s rules on board approval, financing and leasing

Florida’s Cooperative Act requires the seller to provide the cooperative’s governing documents and gives the buyer a short period to cancel after receiving them; the cooperative addendum to your contract states the exact period. Read our complete guide to Florida condo milestone inspections and SIRS.

Full list: see our Florida condo due diligence checklist, with every document to get before you sign and the Florida statute behind each one.

Frequently Asked Questions

How much does a residence at Palm Club cost?

Listed residences at Palm Club are priced $550,000 to $1.1 million as of October 2026.

When is the milestone inspection due at Palm Club?

Florida’s statewide milestone inspection applies only to condominium and cooperative buildings of three or more stories, and listings describe Palm Club’s residences as homes rather than a tower, so ask the association whether any Palm Club building is covered. Broward County’s safety inspection program exempts one- and two-family dwellings and buildings under 3,500 square feet; ask the association which structures, if any, are on the program and for the latest reports.

Is Palm Club on the ocean?

Not directly. County parcel maps place the homes on the Intracoastal side, west of A1A, with a separate piece of association land east of A1A.

More Lauderdale-by-the-Sea and South Florida Condos

• Every Lauderdale-by-the-Sea oceanfront condo and co-op building
• Cristelle Cay, Lauderdale-by-the-Sea
• Corniche, Lauderdale-by-the-Sea
• Europa by the Sea, Lauderdale-by-the-Sea
• Pompano Beach new construction condos
• Florida condo milestone inspection and SIRS guide (2026)

Last updated October 24, 2026. Building details come from county property records, public listings and government sources and are deemed reliable but not guaranteed. Prices are asking prices or estimates as of the date shown. Not legal, financial or engineering advice. Full disclaimer