29 Oct The Watermark on Fifteen Fort Lauderdale: Prices, Construction Status and Sources (2026)

The Watermark on Fifteen Fort Lauderdale: Prices, Construction Status and Sources (2026)

The Watermark on Fifteen is a planned five-residence, six-story condominium at 1545 SE 15th St in Fort Lauderdale, with current asking prices of $2.35 million to $3.56 million. City records show the building replacing a multifamily building from 1962 on a waterfront lot on SE 15th Street.

Everything on this page comes from public records, news reports or the developer’s own announcements, and each fact is credited in the Sources section below. This is a new or planned building, so details can change; confirm them with the developer or sales team before you rely on them.

At a Glance

Prices and Current Listings

Asking prices for residences at The Watermark on Fifteen as of October 2026 ran from $2.35 million to $3.56 million, depending on floor, view, size and renovation.

Construction Status

The city’s Development Review Committee reviewed the site plan (case UDP-S24047) on August 13, 2024. The applicant held a public participation meeting with neighbors on August 21, 2025, and the project went to the Planning and Zoning Board on November 19, 2025, for its waterway use and yard modification requests. An automated meeting-summary site reported that the board approved the site plan; we did not find the board’s official minutes. We found no completion date in city records, and MLS listings give 2027 as the year built.

What Public Records Say

• Planning and Zoning Board staff report (November 19, 2025): a six-story building with five residences and parking above ground level, replacing a multifamily building constructed in 1962. The lot is about 60 feet wide.
• The same report: the applicant asked to reduce the required 27.5-foot yards to 25 feet in front, 10 feet on the sides and 20 feet in the rear, and to place the pool and pool deck 5 feet from the seawall, inside the 20-foot landscaped yard required next to the waterway.
• Staff conditions of approval: a park impact fee, a school capacity letter, a Broward County surface water license, and water system improvements before any certificate of occupancy.
• The site plan shows three future wood docks “by others,” under a separate permit; they were not part of this request.
• Development Review Committee comment report (August 13, 2024): the first review of the five-unit plan, listing a base flood elevation of 8 feet NAVD.
• A Broward County Property Appraiser search on October 28, 2026 showed 1545 SE 15th St still as the existing 1962 building, with no condominium units yet.

Inspections and Reserves for a New Building

Fort Lauderdale is in Broward County, where the county’s Building Safety Inspection Program (BORA Policy 05-05) requires structural and electrical safety inspections when a building reaches 25 years from its certificate of occupancy and every 10 years after that. Florida’s milestone inspection law applies to condominium buildings of three or more stories starting at 30 years. Florida also requires the developer to obtain a structural integrity reserve study (SIRS) before turning the association over to owners, so ask for it.

What Buyers Should Ask For

• The milestone inspection summary, if the building has had a milestone inspection (ask for any Phase 2 report too)
• The most recent structural integrity reserve study, or a statement that none has been completed
• The annual budget and financial statement, plus the reserve balance and any special assessments
• Board minutes from the past year, for planned repairs

For a resale, Florida law (section 718.503(2)) entitles the buyer, at the seller’s expense, to the declaration, articles, bylaws and rules, annual financial statement and budget, Q&A sheet, milestone inspection summary (if applicable), the most recent SIRS or a statement that none exists, and any turnover inspection report. Unless the buyer received them more than 7 days before signing, the buyer may cancel within 7 days (excluding weekends and legal holidays) after signing and receiving them, until closing. A buyer purchasing from the developer has 15 days (section 718.503(1)). Board minutes, reserve balances and special-assessment details are not on the statutory list; request them separately. 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 The Watermark on Fifteen cost?

Listed residences are priced $2.35 million to $3.56 million as of October 2026.

How many residences does The Watermark on Fifteen have?

Five, according to the City of Fort Lauderdale staff report: one 2-bedroom plus den on the second floor and four 3-bedroom plus den residences on floors three through six.

Does The Watermark on Fifteen have boat docks?

The site plan shows three future wood docks to be built by others under a separate permit, and they were not part of the city’s site plan review. Ask the sales team what dockage, if any, comes with a residence.

When will The Watermark on Fifteen be finished?

We found no completion date in city records as of October 28, 2026; MLS listings give 2027 as the year built. Confirm the schedule with the sales team.

More New Construction in Fort Lauderdale

• All new construction in Fort Lauderdale
• Lumiere
• View Pointe Residences
• Rio South Townhomes
• The Terraces

More Fort Lauderdale Condos

• Every Fort Lauderdale condo from $1 million
• Fort Lauderdale, FL guide
• Florida condo milestone inspection and SIRS guide (2026)

Sources

• City of Fort Lauderdale, Planning and Zoning Board staff report and exhibits, case UDP-S24047, November 19, 2025: source
• City of Fort Lauderdale, Development Review Committee comment report, case UDP-S24047, August 13, 2024: source
• City of Fort Lauderdale, Development Review Committee agenda, August 13, 2024: source
• Citizen Portal (automated meeting summary), November 20, 2025: source
• Asking prices: active, pending and under-contract MLS listings shown on floridasearch.com, checked October 28, 2026
• Tax roll: Broward County Property Appraiser search, checked October 28, 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