Galt Ocean Mile condos

Galt Ocean Mile Condos

Galt Ocean Mile
Condos for Sale

Galt Ocean Mile condos for sale are direct oceanfront units – they are literally set right on the sand.

Galt Ocean Mile offers a superb range of condos for sale.

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Key Statistics for Buyers / Sellers

      • Prices from $154,999 – $6.9 Million
      • Median List Price $559,900 – up from our last 2 posts!
        – 2 Bedroom 2 Bathroom Unit

Galt Ocean Mile Condos
Prices by Bedroom

Here is our market summary report for Galt Ocean Mile condos for sale by median price / bedroom

BEDS / BATHS LA LP$ LP$/SqFt
0 / 1 300 $221,000 $739.00
1 / 1 1088 $316,500 $313.00
2 / 2 1630 $580,000 $366.00
3 / 2 2318 $850,000 $401.00

We can see from this report that:

      • The median price for Galt Ocean Mile studios for sale is $221,000 – this being for a studio unit of 300 square feet with 1 bathroom – and a list price to square foot price of $739.00 – In our last post the median price for Galt Ocean Mile studios for sale was lower at $182,000 – this being for a studio unit of 320 square feet with 1 bathroom – and a list price to square foot price of $703.00
      • The median price for Galt Ocean Mile 1 Bedroom condos for sale is $316,500 – this being for a 1 bedroom 1 bathroom condo unit of 1088 square feet with a list price to square foot price of $313.00 – In our last post the median price for Galt Ocean Mile 1 Bedroom condos for sale was higher at $335,000 – this being for a 1 bedroom 1 bathroom condo unit of 1076 square feet with a list price to square foot price of $316.00
      • The median price for Galt Ocean Mile 2 Bedroom condos for sale is $580,000 – this being for a 2 bedroom 2 bathroom condo unit of 1630 square feet with a list price to square foot price of $366.00 – In our last post the median for Galt Ocean Mile 2 Bedroom condos for sale was lower at $549,999 – this being for a 2 bedroom 2 bathroom condo unit of 1630 square feet with a list price to square foot price of $366.00
      • The median price for Galt Ocean Mile 3 Bedroom condos for sale is $850,000 – this being for a 3 bedroom 2 bathroom luxury unit of 2318 square feet with a list price to square foot price of $401.00 – In our last post the median for  Galt Ocean Mile 3 Bedroom condos for sale was the same at $850,000 – this being for a smaller 3 bedroom 2 bathroom luxury unit of 2150 square feet with a list price to square foot price of $416.00

Kevin Wirth Fort Lauderdale Realtor

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Kevin Wirth P.A.  – Realtor
954-459-0337

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Galt Ocean Mile Condos
Market Analysis

There are currently 158 Galt Ocean Mile Condos for Sale*

This is down slightly from the 162 x Galt Ocean Mile condos for sale as in our last post for February / March 2018

It is important to note that inventory levels for Galt Ocean Mile condos for sale is at a 3 year low!

The market analysis report for these 159 units is presented below.

BEDS / BATHS LA LP$
Min 0 / 1 280 $154,999
Max 6 / 5 4475 $6,900,000
Avg 2 / 2 1575 $722,789
Median 2 / 2 1562 $559,900

The market analysis report also shows us:

      • That the average price for a Galt Ocean Mile is $722,789 – this being for a 2 bedroom 2 bathroom unit of 1575 square feet. –  In our last post the average price for a Galt Ocean Mile was lower at $701,317 – this being for a 2 bedroom 2 bathroom unit of 1568 square feet.
      • The median price for a Galt Ocean Mile condo is $559,900 – this being for a 2 bedroom 2 bathroom unit of 1562 square feet – In our last post the median price for a Galt Ocean Mile condo was lower at $524,500 – this being for a 2 bedroom 2 bathroom unit of 1577 square feet

* MLS data for Broward, Fort Lauderdale Oceanfront Condos for Sale, Zip 33308.

View Galt Ocean Mile condos for sale Fort Lauderdale
View Galt Ocean Mile condos for sale Fort Lauderdale

Galt Ocean Mile Condos
Price Analysis

The Price analysis report for Galt Ocean Mile condo is an important toolthis report shows us the inventory or number of condos currently for sale across different price ranges.

The Price Analysis report is presented below.

Price Range Quantity
$150,000 – $199,999 1
$200,000 – $249,999 2
$250,000 – $299,999 16
$300,000 – $349,999 17
$350,000 – $399,999 12
$400,000 – $449,999 10
$450,000 – $499,999 15
$500,000 – $549,999 3
$550,000 – $599,999 16
$600,000 – $699,999 25
$700,000 – $799,999 11
$800,000 – $899,999 6
$900,000 – $999,999 4
$1,000,000 or over 20
Total 158

We can see from this report that the largest inventory of Galt Ocean Mile condos for sale is for Galt Ocean Mile condos for sale priced at $600,000 – $699,999 – with 25 units for sale!

Note: It is important to note that there is a good range of Galt Ocean Mile condos for sale across most price points…

This mix of inventory at various prices combined with a “direct oceanfront” location is in my mind what attracts so many buyers to Galt Ocean Mile!

View from a Galt Ocean Mile condo for sale in The Galleon
Superb views from a Galt Ocean Mile condo for sale in The Galleon

Galt Ocean Mile
Condos by Bedroom

Here is our guide to Galt Ocean Mile condos for sale by bedroom – we focus in detail on studio units right through to 3 bedrooms units.

Galt Ocean Mile
Studios for Sale

There are currently just 2 x studio units currently for sale here on Galt Ocean Mile – this is well down from the 5 studio units for sale in our last post!

Here is our market analysis report for Galt Ocean Mile studios currently for sale.

BEDS / BATHS LA LP$
Min 0 / 1 280 $217,000
Max 0 / 1 320 $225,000
Avg 0 / 1 300 $221,000
Median 0 / 1 300 $221,000

We can see from this report that the:

      • Average price for a Galt Ocean Mile studio currently for sale is $221,000 – this being for a unit of 300 square feet with a list price to square foot price of $739.00. 
      • Median price for a Galt Ocean Mile studio currently for sale is also $221,000 this being for a unit of 300 square feet with a list price to square foot price of $739.00. 

We can also see from this report that the lowest price for a studio for sale is $217,000 and the highest price is $225,000.

Interesting to note is that the smallest studio for sale is just 280 square feet and the largest studio for sale is a larger sized 320 square feet.

Galt Ocean Mile
1 Bedroom Condos

There are currently 38 x 1 bedroom condos currently for sale here on Galt Ocean Mile – this is up ever so slightly from 37 units for sale as in our last post!

Here is our market analysis report for Galt Ocean Mile 1 bedroom condos currently for sale.

BEDS / BATHS LA LP$
Min 1 / 1 740 $154,999
Max 1 / 1 1500 $450,000
Avg 1 / 1 1037 $322,676
Median 1 / 1 1088 $316,500

We can see from this report that the:

      • Average price for a Galt Ocean Mile 1 bedroom condo currently for sale is $322,676 – this being for a 1 bedroom 1 bathroom condo of 1037 square feet with a list price to square foot price of $313.00. 
      • Median price for a Galt Ocean Mile 1 bedroom condo currently for sale is $316,500  this being for a 1 bedroom 1 bathroom condo of 1088 square feet with a list price to square foot price of $313.00.

We can also see from this report that the lowest price for a 1 bedroom condo for sale is $154,999 and the highest price is $450,000.

Interesting to note is that the smallest 1 bedroom condo for sale is a 740 square feet and the largest 1 bedroom condo for sale is a “much larger” 1500 square feet.

Galt Ocean Mile
2 Bedroom Condos

There are currently 77 x 2 Bedroom condos currently for sale here on Galt Ocean Mile – this is down from 87 x 2 bedroom units for sale as in our last post!

It is important to note that this is also well down from 121 units for sale we had during 2017!

Here is our market analysis report for Galt Ocean Mile 2 bedroom condos currently for sale.

BEDS / BATHS LA LP$
Min 2 / 2 1031 $319,000
Max 2 / 3 2318 $1,199,000
Avg 2 / 2 1563 $604,265
Median 2 / 2 1630 $580,000

We can see from this report that the:

      • Average price for a Galt Ocean Mile 2 bedroom condo currently for sale is $604,265 – this being for a 2 bedroom 2 bathroom condo of 1563 square feet with a list price to square foot price of $384.00.
      • Median price for a Galt Ocean Mile 2 bedroom condo currently for sale is $580,000  this being for a 2 bedroom 2 bathroom condo of 1630 square feet with a list price to square foot price of $366.00

We can also see from this report that the lowest price for a 2 bedroom condo for sale is $319,000 and the highest price is $1,199,900.

The smallest 2 bedroom condo for sale is 1031 square feet and the largest 2 bedroom condo for sale is over twice the size at 2318 square feet.

Galt Ocean Mile
3 Bedroom Condos

There are currently 29 x 3 Bedroom condos currently for sale here on Galt Ocean Mile – this is down ever so slightly from the 30 units for sale as in our last post!

Here is our market analysis report for Galt Ocean Mile 3 bedroom condos currently for sale.

BEDS / BATHS LA LP$
Min 3 / 2 1350 $395,000
Max 3 / 4 2851 $3,100,000
Avg 3 / 2 2200 $1,090,228
Median 3 / 2 2318 $850,000

We can see from this report that the:

      • Average price for a Galt Ocean Mile 3 bedroom condo currently for sale is $1,090,228 – this being for a 3 bedroom 2 bathroom luxury condo of 2200 square feet with a list price to square foot price of $495.00. 
      • Median price for a Galt Ocean Mile 3 bedroom condo currently for sale is $850,000  this being for a 3 bedroom 2 bathroom luxury condo of 2318 square feet with a list price to square foot price of $401.00. 

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $395,000 and the highest priced Galt Ocean Mile condo for sale is offered for sale for $3.1 Million!

Interesting to note is that the smallest 3 bedroom condo for sale is 1350 square feet and the largest 3 bedroom luxury condo for sale is 2851 square feet! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Galt Ocean Mile condos for sale are some of the most sought after in all of Fort Lauderdale.  Their location, being set back off A1A and being absolute “direct” oceanfront adding their appeal.

As I outlined in my earlier posts -we have a very low level of inventory of Galt Ocean Mile condos for sale… currently we are at a 3 year low!

It is very pleasing to see median prices continue to rise in most cases!

I hope you enjoyed my post on Galt Ocean Mile Condos for Sale 

Kevin Wirth Realtor – 954-459-0337