Luxury Galt Ocean Mile Condos

Luxury on Galt Ocean Mile

Search Galt Ocean Mile Luxury Condos for Sale

Galt Ocean Mile / Zip 33308 here in Fort Lauderdale  offers a great range of luxury oceanfront condos.

In 2017 there were 22 luxury Galt Ocean Mile condos sold here on Galt Ocean Drive / Zip 33308 – luxury “direct oceanfront” condos selling for $1 Million on more.

It is important to note that while median sales prices for Galt Ocean Mile condos have had an “up-and-down” ride since 2007.

Median square foot sales prices for Luxury Galt Ocean Mile condos sold have been on the rise since 2012!

Galt Ocean Mile Luxury Condos - Median Sales Prices 2006-2017
Galt Ocean Mile / Zip 33308 Luxury Oceanfront Condos  – Median Sales Prices 2006-2017

Luxury Galt Ocean Mile Condos
Sales Prices 2006-2017

Here is our data for luxury Galt Ocean Mile condos / Zip 3008 direct oceanfront condos sold between 2006 – 2017.

You can see the “up-and-down” ride in median sales price since 2007 – in the chart above and data below:

BEDS / BATHS LA SP$
2017 3 / 3 2400 $1,312,500
2016 3 / 2 2280 $1,200,000
2015 3 / 2 2332 $1,357,500
2014 3 / 3 2675 $1,230,000
2013 3 / 3 2762 $1,225,000
2012 3 / 3 2762 $1,135,000
2011 3 / 3 2588 $1,200,000
2010 3 / 3 2705 $1,210,000
2009 3 / 3 2823 $1,250,000
2008 3 / 3 2762 $1,175,000
2007 3 / 3 2416 $1,417,500
2006 3 / 3 2332 $1,320,000

Luxury condo prices for Galt Ocean Mile units have risen and shown strong recovery since the lows of 2007 and 2008.

As we can see 2017 was a superb year for luxury Galt Ocean Mile condo sales – with a median sales price of $1,312,500.

 

Galt Ocean Mile Luxury Condo Square Foot Prices - 2006-2017
Galt Ocean Mile Luxury Condo Square Foot Prices – 2006-2017

Luxury Galt Ocean Mile Condos
Square Foot Prices 2006-2017

Here is our data for square foot sales prices for luxury Galt Ocean Mile condos / Zip 3008 direct oceanfront condos sold between 2006 – 2017.

You can see the “up-and-down” ride in median sales price since 2007 – in the chart above and data below:

BEDS / BATHS LA SP$/SqFt
2017 3 / 3 2400 $616.00
2016 3 / 2 2280 $561.00
2015 3 / 2 2332 $589.00
2014 3 / 3 2675 $534.00
2013 3 / 3 2762 $475.00
2012 3 / 3 2762 $453.00
2011 3 / 3 2588 $486.00
2010 3 / 3 2705 $438.00
2009 3 / 3 2823 $460.503
2008 3 / 3 2762 $462.00
2007 3 / 3 2416 $531.00
2006 3 / 3 2332 $521.00

It is important to note that median square foot sales prices for Luxury Galt Ocean Mile condos sold have been on the rise since 2012!


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Luxury Galt Ocean Mile Condos
Market Analysis Report 2017

The market analysis report for Luxury Galt Ocean Mile Condos for 2017 is presented below.

BEDS / BATHS LA SP$
Min 2 / 2 1537 $1,000,000
Max 5 / 4 4692 $3,350,000
Avg 3 / 3 2612 $1,531,270.
Median 3 / 3 2400 $1,312,500

We can see from this report the average price for a luxury Galt Ocean Mile condo sold in 2017 was $1,531,270 – this was for a 3 bedroom 2 bathroom unit of 2612 square feet.

We can also see from this report that the median price for a luxury Galt Ocean Mile condo sold in 2017 was $1,312,500 and that this was also for a 3 bedroom 2 bathroom unit – a slightly smaller unit at 2400 square feet.

We can also see from this report that the most expensive luxury unit sold in 2017 sold for $3,350,000

Read Our Last Post on Luxury Galt Ocean Mile Condos

View luxury Galt Ocean Mile condo sold 2017 L'Hermitage
Sweeping oceanfront view from a luxury Galt Ocean Mile condo sold 2017 in L’Hermitage

Luxury Galt Ocean Mile Condos
Sales Prices by Bedroom

Our market analysis report for Luxury Galt Ocean Mile Condos for 2017 is presented below – this report show median sales prices by bedroom for all units sold!

BEDS / BATHS LA SP$ SP$/SqFt
2 / 2 1998 $1,172,700 $601.00
3 / 3 2494 $1,350,000 $627.00
4 / 4 4083 $2,275,000 $610.00
5 / 4 4050 $1,250,000 $309.00

We can see from this report that the median sales price for:

2 Bedroom Luxury Galt Ocean Mile condos sold in 2017 was $1,172,700this being for a 2 bedroom 2 bathroom unit of 1998 with a sales price to square foot price of $601.00

3 Bedroom Luxury Galt Ocean Mile condos sold in 2017 was $1,350,000this being for a 3 bedroom 3 bathroom unit of 2494 with a sales price to square foot price of $627.00

4 Bedroom Luxury Galt Ocean Mile condos sold in 2017 was $2,275,000this being for a 4 bedroom 4 bathroom unit of 4083 with a sales price to square foot price of $610.00

5 Bedroom Luxury Galt Ocean Mile condos sold in 2017 was $1,250,000this being for a 5 bedroom 4 bathroom unit of 4050 with a sales price to square foot price of $309.00

Featured Luxury Sale

The Commodore Penthouse 1

Beds: 4 Baths: 4.5
List Price: $1,495,000

This Galt Ocean Mile condo is a luxurious one of a kind penthouse in the heart of Fort Lauderdale.

The Unit features 4 bedrooms each complete with en-suite bathrooms and offers 4,692 square feet under air with an additional 2,000 square feet of balcony.

The condo has been completely renovated and features: a gourmet kitchen complete with custom cabinets and stainless steel appliances.

There are Bamboo wood floors, 10 foot ceilings and impact glass throughout the unit.

This is the perfect home for entertaining,

Penthouse 1 sold for $1,200,000 on the 31st of January 2017

This unit sold for $256.00 per square foot, had 107 days on market and sold for 80% of its list price.

Galt Ocean Mile
Luxury Penthouses

In 2017 there were just 2 luxury penthouses sold here on Galt Ocean Mile – one in The Commodore (seen above) and the other in L’Hermitage!

The market analysis report for these units is presented below.

BEDS / BATHS LA SP$
Min 3 / 2 1977 $1,200,000
Max 4 / 4 4692 $1,300,000
Median 3 / 3 3334 $1,250,000

We can see from this report that the median price for a luxury penthouse here on Galt Ocean Mile in 2017 was $1,250,000 – this being for a 3 bedroom 3 bathroom unit of between 3334 square feet with a sales price to square foot price of $457.00