Galt Ocean Mile condos

Galt Ocean Mile Condos

Galt Ocean Mile
Condos for Sale

Welcome to my October 2018 / November 2018 report on 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 $150,000 – $6,000,000
      • Median List Price $515,000
        – 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 / 1 450 $235,000 $642.00
1 / 1 1050 $337,000 $322.00
2 / 2 1619 $569,000 $366.00
3 / 2 2110 $1,099,995 $482.00

We can see from this report that:

      • The median price for Galt Ocean Mile studios for sale is $235,000 – this being for a studio unit of 450 square feet with 1 bathroom – and a list price to square foot price of $642.00 – In our last post the median price for Galt Ocean Mile studios for sale was lower at $217,000 – this being for a much smaller studio unit of 280 square feet with 1 bathroom – and a list price to square foot price of $775.00
      • The median price for Galt Ocean Mile 1 Bedroom condos for sale is $337,000 – this being for a 1 bedroom 1 bathroom condo unit of 1050 square feet with a list price to square foot price of $322.00 – In our last post the median price for Galt Ocean Mile 1 Bedroom condos for sale was lower at $296,950 – this being for a 1 bedroom 1 bathroom condo unit of 950 square feet with a list price to square foot price of $313.00
      • The median price for Galt Ocean Mile 2 Bedroom condos for sale is $569,000 – this being for a 2 bedroom 2 bathroom condo unit of 1619 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 a little lower at $567,000 – this being for a 2 bedroom 2 bathroom condo unit of 1537 square feet with a list price to square foot price of $379.00
      • The median price for Galt Ocean Mile 3 Bedroom condos for sale is $1,099,995 – this being for a 3 bedroom 2 bathroom luxury unit of 2110 square feet with a list price to square foot price of $482.00 – In our last post the median for  Galt Ocean Mile 3 Bedroom condos for sale was lower at $995,000 – this being for a 3 bedroom 2 bathroom luxury unit of 2112 square feet with a list price to square foot price of $433.00

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 143 Galt Ocean Mile Condos for Sale*

This is down from the 197 Galt Ocean Mile condos for sale as in our last post for August / September 2018 which in turn was down from 206 x Galt Ocean Mile condos for sale as in our prior post for June / July 2018

The market analysis report for these 143 units is presented below.

BEDS / BATHS LA LP$
Min 0 / 1 310 $150,000
Max 6 / 5 7167 $6,000,000
Avg 2 / 2 1560 $731,614
Median 2 / 2 1450 $515,000

The market analysis report also shows us:

      • That the average price for a Galt Ocean Mile is $731,614 – this being for a 2 bedroom 2 bathroom unit of 1560 square feet –  In our last post the average price for a Galt Ocean Mile was much the same at $731,325 – this being for a 2 bedroom 2 bathroom unit of 1583 square feet
      • The median price for a Galt Ocean Mile condo is $515,000 – this being for a 2 bedroom 2 bathroom unit of 1450 square feet – In our last post the median price for a Galt Ocean Mile condo was slightly higher at $519,900 – this being for a 2 bedroom 2 bathroom unit of 1450 square feet

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

View Galt Ocean Mile condos for sale Fort Lauderdale Florida
View of Galt Ocean Mile condos for sale here in Fort Lauderdale, Florida

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 2
$200,000 – $249,999 6
$250,000 – $299,999 11
$300,000 – $349,999 15
$350,000 – $399,999 15
$400,000 – $449,999 5
$450,000 – $499,999 15
$500,000 – $549,999 12
$550,000 – $599,999 13
$600,000 – $699,999 20
$700,000 – $799,999 5
$800,000 – $899,999 6
$900,000 – $999,999 3
$1,000,000 or over 15
Total 143

We can see from this report that the largest inventory of Galt Ocean Mile condos for sale is for units priced at $600,000 – $699,999 with 20 units for sale.

In our last post the largest inventory of Galt Ocean Mile condos for sale were units priced $1 Million or more – with 26 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 2 Bedroom Galt Ocean Mile condo for sale in Regency Tower
Look at the views from this 2 Bedroom Galt Ocean Mile condo for sale in Regency Tower

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 5 x studio units currently for sale here on Galt Ocean Mile – this is up from the 3 x studio units we had for sale as in our last post!

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

BEDS / BATHS LA LP$
Min 0 / 1 310 $182,900
Max 0 / 1 600 $289,000
Avg 0 / 1 424 $236,180
Median 0 / 1 450 $235,000

We can see from this report that the:

      • Average price for a Galt Ocean Mile studio currently for sale is $236,180 – this being for a unit of 424 square feet with a list price to square foot price of $600.00 – In our last post the average price for a Galt Ocean Mile studio for sale was lower at $225,667 – this being for a much smaller unit of 280 square feet with a list price to square foot price of $775.00
      • Median price for a Galt Ocean Mile studio currently for sale is $235,000 – this being for a unit of 450 square feet with a list price to square foot price of $642.00 – In our last post the median price for a Galt Ocean Mile studio for sale was lower at $217,000 – this being for a much smaller unit of 280 square feet with a list price to square foot price of $775.00

We can also see from this report that the lowest price for a studio for sale is $182,900 and the highest price is $289,000.

Interesting to note is that the smallest studio for sale is just 310 square feet – while the largest is 600 square feet!

Galt Ocean Mile
1 Bedroom Condos

There are currently 41 x 1 bedroom condos currently for sale here on Galt Ocean Mile

This is down from the 54 x 1 bedroom 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 $150,000
Max 1 / 2 1370 $635,000
Avg 1 / 1 999 $327,456
Median 1 / 1 1050 $337,000

We can see from this report that the:

      • Average price for a Galt Ocean Mile 1 bedroom condo currently for sale is $327,456 – this being for a 1 bedroom 1 bathroom condo of 999 square feet with a list price to square foot price of $330.00.  In our last post the average price for a Galt Ocean Mile 1 bedroom condo for sale was lower at $303,000 – this being for a 1 bedroom 1 bathroom condo of 972 square feet with a list price to square foot price of $324.00
      • Median price for a Galt Ocean Mile 1 bedroom condo currently for sale is $337,000  this being for a 1 bedroom 1 bathroom condo of 1050 square feet with a list price to square foot price of $322.00.  In our last post the median price for a Galt Ocean Mile 1 bedroom condo for sale was lower at $296,950 – this being for a 1 bedroom 1 bathroom condo of 950 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 $150,000 and the highest price is $635,000.

Interesting to note is that the smallest 1 bedroom condo for sale is a very small 740 square feet and the largest 1 bedroom condo for sale is a “larger” 1370 square feet.

Galt Ocean Mile
2 Bedroom Condos

There are currently 102 x 2 Bedroom condos currently for sale here on Galt Ocean Mile – this is up slightly from the 104 x 2 bedroom units for sale as in our last post!

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

BEDS / BATHS LA LP$
Min 2 / 2 1080 $319,000
Max 2 / 2 1940 $1,250,000
Avg 2 / 2 1558 $590,860
Median 2 / 2 1619 $569,000

We can see from this report that the:

      • Average price for a Galt Ocean Mile 2 bedroom condo currently for sale is $590,860 – this being for a 2 bedroom 2 bathroom condo of 1558 square feet with a list price to square foot price of $380.00.  In our last post the average price for a Galt Ocean Mile 2 bedroom condo for sale was lower at $584,783 – this being for a 2 bedroom 2 bathroom condo of 1517 square feet with a list price to square foot price of $390.00. 
      • Median price for a Galt Ocean Mile 2 bedroom condo currently for sale is $569,000  this being for a 2 bedroom 2 bathroom condo of 1619 square feet with a list price to square foot price of $366.00.  In our last post the median price for a Galt Ocean Mile 2 bedroom condo for sale was a little less at $567,000 – this being for a 2 bedroom 2 bathroom condo of 1537 square feet with a list price to square foot price of $379.00.

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 $1,250,000.

The smallest 2 bedroom condo for sale is 1080 square feet and the largest 2 bedroom condo for sale is a larger 1940 square feet.

Galt Ocean Mile
3 Bedroom Condos

There are currently 16 x 3 Bedroom condos currently for sale here on Galt Ocean Mile – this is well down from the 31 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 1172 $559,000
Max 3 / 3 2845 $2,799,000
Avg 3 / 2 2122 $1,211,556
Median 3 / 2 2110 $1,099,995

We can see from this report that the:

      • Average price for a Galt Ocean Mile 3 bedroom condo currently for sale is $1,211,556 – this being for a 3 bedroom 2 bathroom luxury condo of 2122 square feet with a list price to square foot price of $563.00.  In our last post the average price for a Galt Ocean Mile 3 bedroom condo for sale was higher at $1,306,148 – this being for a 3 bedroom 2 bathroom luxury condo of 2331 square feet with a list price to square foot price of $544.00.
      • Median price for a Galt Ocean Mile 3 bedroom condo currently for sale is $1,099,995  this being for a 3 bedroom 2 bathroom luxury condo of 2110 square feet with a list price to square foot price of $482.00.  In our last post the median price for a Galt Ocean Mile 3 bedroom condo for sale was lower at $995,000 – this being for a 3 bedroom 2 bathroom luxury condo of 2112 square feet with a list price to square foot price of $433.00.

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $559,000 and the highest priced Galt Ocean Mile condo for sale is offered for sale for $2,799,000!

Interesting to note is that the smallest 3 bedroom condo for sale is 1172 square feet and the largest 3 bedroom luxury condo for sale is 2845 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.

We currently have a really great range of condos for sale – including some really nice updated units in great stacks!

Inventory of Galt Ocean Mile continues to decline – down over our last few posts!

Median prices have also declined over our last 3 posts – this in my mind is a reflection of sellers adjusting prices as we move out of Season!

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

Kevin Wirth Realtor – 954-459-0337