View Galt Ocean Club condominium 3800 Galt Ocean Drive Fort Lauderdale condo for sale

Galt Ocean Club Condos

Galt Ocean Club
Galt Ocean Mile Condos for Sale

Welcome to my August 2018 / September 2018 post on Galt Ocean Club Galt Ocean Mile condos for sale Fort Lauderdale Florida.

Fort Lauderdale condos for sale here in Galt Ocean Club offer direct oceanfront units set right on the beachfront here on the famous Galt Ocean Mile!

Search Galt Ocean Club Condos for Sale

Currently there are 8 oceanfront condos for sale in this great Galt Ocean Mile complex

There have been 8 units sold here over the last 6 months

In this post we discuss units for sale, new listings, pending sales and also recent sales prices, sales prices by bedroom & sales prices per sq ft. 

We also discuss how long units are taking to sell (called days on market) – and how much buyers are paying for units (sales prices to list price %) as well as the highest prices paid for units over the last 6!

We also compare recent sales trends in Galt Ocean Club – Important information for both buyers and sellers!

Galt Ocean Club
Galt Ocean Mile – Key Statistics
Galt Ocean Club Condo Association – Condominium complex in Fort Lauderdale, Florida
Address: 3800 Galt Ocean Dr, Fort Lauderdale, FL 33308

  • 8 x Condos for Sale
    Prices from $270,000 – $799,900 

Median Prices

  • Median List Price $296,950
    – for a 1 Bedroom 1 Bathroom Unit
  • 3 Sales Last 6 Months
  • Median Sales Price $273,450
    – for a 1 Bedroom 1 Bathroom Unit
  • Median Sales Price to Sq Ft Price $352.00
  • Sales to List Price 98%
  • Days on Market 9 Days
View Galt Ocean Club for sale Galt Ocean Mile Fort Lauderdale
View Galt Ocean Club for sale Galt Ocean Mile Fort Lauderdale Florida

Galt Ocean Club
Condos for Sale

The following market report is for the 8 x Galt Ocean Mile condos for sale here in Galt Ocean Club – this is up slightly from the 7 x  Galt Ocean Club condos for sale as in our last post for June / July 2018

Our market analysis report for these 8 units is presented below:

BEDS / BATHS LA LP$
Min 1 / 1 802 $270,000
Max 3 / 3 2200 $799,900
Avg 1 / 1 1032 $386,400
Median 1 / 1 825 $296,950

We can see from this market report that the average price for a condo for sale here in Galt Ocean Club is $386,400 – this being for a 1 bedroom 1 bathroom unit of 1032 square feet!

We can also see from this market report that the median price for a condo for sale here in Galt Ocean Club is $296,950 – this being for a 1 bedroom 1 bathroom unit of 825 square feet – this is up from our last post for June / July 2018!

In our last post the median price for a condo for sale in Galt Ocean Club was a little lower at $294,900 – this being for a 1 bedroom 1 bathroom unit of 825 square feet

View Galt Ocean Club 3800 Galt Ocean Drive condos for sale
Look at the views from one of the Galt Ocean Club 3800 Galt Ocean Drive condos for sale!

 

Galt Ocean Club
Pricing Guide by Bedroom

Here is our market summary report which gives a pricing guide by bedroom for Galt Ocean Club Galt Ocean Mile condos for sale by bedroom!

BEDS / BATHSS LA LP$ LP$/SqFt
1 / 1 825 $291,950 $345.00
2 / 2 1143 $559,500 $490.00
3 / 3 2200 $799,900 $364.00

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

1 Bedroom Galt Ocean Club condos for sale is $291,950 this being for a 1 bedroom 1 bathroom 825 square foot unit with a list price to square foot price of $345.00

2 Bedroom Galt Ocean Club condos for sale is $559,500 this being for a 2 bedroom 2 bathroom 1143 square foot unit with a list price to square foot price of $490.00

3 Bedroom Galt Ocean Club condos for sale is $799,900 this being for a 3 bedroom 3 bathroom 2200 square foot unit with a list price to square foot price of $364.00

Galt Ocean Club
New Listings

In the last 30 days there have been no new listings of Galt Ocean Club Galt Ocean Mile condos for sale

This is the same as in our last post for June / July 2018 and from 3 new listings as in our prior post for April / May 2018!

Pending Sales

There are currently no condos under contract and pending sale here in Galt Ocean Club Fort Lauderdale

This is also the same as in our last post for June / July 2018 – however there were 2 units pending sale in our prior post for April / May 2018!


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?

Call Me Today!


Kevin Wirth P.A.  – Realtor

Galt Ocean Mile Specialist
954-459-0337

Email: kevinsellsmore@gmail.com

Click here to email me now

Search Galt Ocean Mile Condos for Sale
View Galt Ocean Mile New Listings

View Galt Ocean Mile condo recently sold Galt Ocean Club Unit 503
View Galt Ocean Mile condo recently sold Galt Ocean Club Unit 503

Galt Ocean Club Sales
Last 6 Months

There have been 8 x Galt Ocean Club Galt Ocean Mile condos sold over the last 6 months – up slightly from our last post!

This is up from 7 closed sales over the last 6 months as in our last post for June / July 2018

The market summary report for these 8 units is presented below.

BEDS / BATHS LA SP$
Min 0 / 1 644 $215,000
Max 2 / 2 1340 $542,500
Avg 1 / 1 941 $335,162
Median 1 / 1 813 $273,450

We can see from this report that the median sales price for units sold over the last 6 months has been $273,450- this being based on a 1 bedroom 1 bathroom unit of 813 square feet! 

In our last post the median sales price for units sold over the last 6 months was higher at $297,000– this being based on a 1 bedroom 1 bathroom unit of 825 square feet! 

We can also see that the most expensive unit sold  – sold for $542,500 – this being for a 2 bedroom 2 bathroom unit.

View 2 bedroom Galt Ocean Club Galt Ocean Mile condo recently sold - Unit 605
View 2 bedroom Galt Ocean Club Galt Ocean Mile condo recently sold – Unit 605

Galt Ocean Club
Sales Prices by Bedroom

Here is our market summary report showing median sales prices by bedroom for Galt Ocean Club condos sold over the last 6 Months!

BEDS / BATHS LA SP$ SP$/SqFt
0 / 1 644 $231,000 $359.00
1 / 1 802 $249,900 $312.00
2 / 2 1300 $490,000 $377.00

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

Galt Ocean Club Studio units sold over the last 6 months has been $215,000 this being for a 644 square foot unit with a list price to square foot price of $359.00

1 Bedroom Galt Ocean Club condos sold over the last 6 months has been $249,900 this being for a 1 bedroom 1 bathroom 802 square foot unit with a list price to square foot price of $312.00

2 Bedroom Galt Ocean Club condos sold over the last 6 months has been $490,900 this being for a 2 bedroom 2 bathroom 1300 square foot unit with a list price to square foot price of $377.00

There have been no 3 Bedroom Galt Ocean Club condos sold over the last 6 months – based on MLS records / data.

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for Fort Lauderdale Condos sold in Galt Ocean Club over the last 6 months.

SP$/SqFt
Min $273.00
Max $463.00
Avg $353.00
Median $352.00

We can see from this report that the median sales price to square foot price paid for a Galt Ocean Club Condo sold over the last 6 months has been $352.00 per square foot – this is up from $334.00 in our last post which in turn was up from $312.00 in our prior post!

We can also see the highest square foot price paid at $463.00!

% Sales to List Price

An important real estate indicator is how much are buyers are paying for Galt Ocean Club Galt Ocean Mile condos for sale – we can gauge this based on the percentage of sales price to list price paid by buyers.

The market analysis report for this is presented below

SP$/LP$
Min 92%
Max 108%
Avg 98%
Median 98%

We can see from this report that the median sales price to list price for Fort Lauderdale Condo here in Galt Ocean Club  has been 98% – this is up from 97% as in our last 3 posts!

This means if a Fort Lauderdale Condo for sale here in Galt Ocean Club is listed at $300,000 – then based on MLS median sales data the condo could be expected to sell for 98% of that amount or $294,000.

Days on Market

Days on market for Galt Ocean Club Galt Ocean Mile condos is an important indicator on how the strong demand is for condos for sale in this direct oceanfront condominium.

Here is the market analysis report for Days on Market based on Condo sales over the last 6 months.

DOM
Min 1
Max 32
Avg 12
Median 9

We can see from this report that the average days on market is just 12 days or just under 2 weeks!

We can also see from this report that the median days on market is just 9 days – very fast!

Days on market is the time from when the Condo was listed for sale till the Condo sold AND closed.

Galt Ocean Club
Condo Sales Itemized

Here is the data for each of the condos sold over the last 6 months here in Galt Ocean Club

CONDO BEDS / BATHS LA SP$
Unit 306 2 / 2 1172 $542,500
Unit 605 2 / 2 1300 $490,000
Unit 615 2 / 2 1340 $415,000
Unit 1207 1 / 1 802 $297,000
Unit 503 1 / 1 802 $249,900
Unit 1009 0 / 1 644 $247,000
Unit 614 1 / 1 825 $224,900
Unit 1602 0 / 1 644 $215,000

We can see from this report the details for both the condos sold – including the most expensive sale over the last 6 months, which was for Unit 306 a 2 bedroom unit which sold for $542,500.

Unit 306 is a 2 bedroom 2 bathroom 1300 square foot direct oceanfront condo and sold with a sales price to square foot price of $463.00

Unit 306 sold for 92% of its list price and had just 10 days on market!

Kevin_Wirth_on_Galt_Ocean_Mile

My Thoughts / Summary

Galt Ocean Club Galt Ocean Mile condos offer units in a great complex set right on the sand here on our famous Galt Mile.

Currently we have a good range of oceanfront condos for sale here in Galt Ocean Club with 8 units for sale!

I pleased to report that sales have really picked up over our last 2 posts – now with 8 units sold over the last 6 months!

It is also exciting to report days on market at just 9 days and list price to sales price at 98%

Galt Ocean Club is one of the few complexes here on Galt Ocean Mile that allows owners to rent up-to 4 times a year.

This is one of the few complexes on Galt Ocean Mile that has an investor friendly rental policy and this is very appealing to many owners.

Kevin Wirth Realtor

I hope you have enjoyed my Post on Fort Lauderdale condos for sale at Galt Ocean Club

Kevin Wirth Realtor