View Galt Ocean Club Galt Ocean Mile condos for sale 3800 Galt Ocean Dr, Fort Lauderdale

Galt Ocean Club Condos

Galt Ocean Club
Galt Ocean Mile Condos for Sale

Welcome to my February / March 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 9 condos for sale in this complex  – 1 of which is a new listing (a 2 bedroom unit)

There have been 2 units sold here over the last 6 months – (both studio units)

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

  • 9 x Condos for Sale
    Prices from $244,900 – $859,900 

Median Prices

  • Median List Price $299,000
    – for a 1 Bedroom 1 Bathroom Unit
  • 2 Sales Last 6 Months
  • Median Sales Price $232,000
    – for a Studio Unit
  • Median Sales Price to Sq Ft Price $360.00
  • Sales to List Price 97%
  • Days on Market 50 Days
View Galt Ocean Mile condo for sale Galt Ocean Club - Unit 1408
Look at the view ftom this Galt Ocean Mile condo for sale Galt Ocean Club – Unit 1408

Galt Ocean Club
Condos for Sale

The following market report is for the 9 x Galt Ocean Mile condos for sale here in Galt Ocean Club – the same as in our last post!

In our last post for Dec 2017 / Jan 2018  there were 9 units for sale

In our prior post for October / November there were 8 units for sale

In our earlier post for August / Sept 2017 there were 6 units for sale

Our market analysis report for these 9 units is presented below:

BEDS / BATHS LA LP$
Min 1 / 1 802 $244,900
Max 3 / 3 2200 $859,900
Avg 1 / 1 1075 $410,156
Median 1 / 1 825 $299,000

We can see from this market report that the median price for a condo for sale here in Galt Ocean Club is $299,000 – this being for a 1 bedroom 1 bathroom unit of 825 square feet!

It is important to note that the median is the same last in our last post but is well down from our prior 2 posts!

In our prior post the median price for a condo for sale in Galt Ocean Club was $312,000 – this being for a 1 bedroom 1 bathroom unit!

In our earlier post the median price for a condo for sale in Galt Ocean Club was $396,000 – this being for a 1 bedroom 1 bathroom unit!

View Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale FL
View Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale FL

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 / BATHS LA LP$ LP$/SqFt
1 / 1 825 $296,950 $349.00
2 / 2 1236 $562,400 $458.00
3 / 3 2200 $859,900 $391.00

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

1 Bedroom Galt Ocean Club condos for sale is $296,950 this being for a 1 bedroom 1 bathroom 825 square foot unit with a list price to square foot price of $349.00 – In our last post the median for 1 bedroom Galt Ocean Club condos for sale was the same!

2 Bedroom Galt Ocean Club condos for sale is $562,400 this being for a 2 bedroom 2 bathroom 1236 square foot unit with a list price to square foot price of $458.00 – In our last post the median for 2 bedroom condos for sale was over $54,000 less at $507,450 – this being for a 2 bedroom 2 bathroom 1256 square foot unit with a list price to square foot price of $411.00

3 Bedroom Galt Ocean Club condos for sale is $859,900 this being for a 3 bedroom 2 bathroom 2200 square foot unit with a list price to square foot price of $391.00 – In our last post the median for 3 Bedroom Galt Ocean Club condos for sale was the same!

Note: there is only 1 x 3 bedroom unit currently for sale!

View Galt Ocean Mile condo just listed for sale Galt Ocean Club - Unit 605
View Galt Ocean Mile condo just listed for sale Galt Ocean Club – Unit 605

Galt Ocean Club
New Listings

In the last 30 days there have been 1 new listing of a Galt Ocean Club Galt Ocean Mile condo for sale – the same as in our last 2 posts!

Our market analysis report for this new listing is presented below

BEDS / BATHS LA LP$ LP$/SqFt
2 / 2 1300 $524,900 $404.00

We can see from this report that a 2 bedroom Galt Ocean Club condo – Unit 605 has just been listed for sale.  This 2 bedroom 2 bathroom 1300 square foot unit has a list price to square foot price of $404.00

Pending Sales

There are currently no condos under contract and pending sale here in Galt Ocean Club Fort Lauderdale – this is the same as in our last post!


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 Club Galt Ocean Mile condo recently sold - Unit 1002
View Galt Ocean Club Galt Ocean Mile condo recently sold – Studio Unit 1002

Galt Ocean Club Sales
Last 6 Months

There has been just 2 x Galt Ocean Club Galt Ocean Mile condos sold over the last 6 months – Both studio units!

This is down from 3 sales over the prior 6 months as in our last post!

The market summary report for these 2 units is presented below.

BEDS / BATHS LA SP$
Min 0 / 1 644 $229,000
Max 0 / 1 644 $235,000
Avg 0 / 1 644 $232,000
Median 0 / 1 644 $232,000

We can see from this report that the median sales price for units sold over the last 6 months has been $235,000- this being based on a studio unit of 644 square feet! 

We can also see that the most expensive unit sold  – sold for $255,000 – this being for a 1 bedroom 1 bathroom unit.

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 $356.00
Max $365.00
Avg $360.00
Median $360.00

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 $360.00 per square foot – this is up from $356.00 in our last post!

We can also see the highest square foot price paid at $365.00 – which was for studio unit 1209!

% 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 95%
Max 98%
Avg 97%
Median 97%

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 97% – up from 95% as in our last post!

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 97% of that amount or $291,000.

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 29
Max 71
Avg 50
Median 50

We can see from this report that the median days on market is just 50 days or just over 7 weeks!

This is down from 71 days or just over 10 weeks as in our last post!

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 1209 0 / 1 644 $235,000
Unit 1002 0 / 1 644 $229,000

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 1209 a studio unit which sold for $235,000.

Unit 1209 is a 644 square foot direct oceanfront condo and sold with a sales price to square foot price of $365.00

Unit 1209 sold for 98% of its list price and had just 29 days or less than 1 month 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 great range of condos for sale with 9 units for sale with a nice mix of 1 bedroom condos, 2 bedroom condos and even 1 x 3 bedroom condo for sale!

Sales however continue to be very sluggish with just 2 units sold over the last 6 months – I am personally optimistic that sales will pick up over the next few months!

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