Beach views from one of the Edgewater Arms Fort Lauderdale condos for sale Galt Ocean Mile

Edgewater Arms Fort Lauderdale 2016 Summary

Edgewater Arms Condos
Prices By Bedroom

In 2016 there were 4 Galt Ocean Mile condos sold here in Edgewater Arms Fort Lauderdale – all 2 bedroom units!

In 2015 there were 5 x Edgewater Arms Fort Lauderdale condos sold here on Galt Ocean Mile – A mix of 1 bedroom, 2 bedroom and 3 bedroom units!

Here is our market summary based on all sales of condos in Edgewater Arms Fort Lauderdale in 2016.

$$  Beds/Baths SF/FF Sale Price
High 2 / 2 2,190 $380,000
Low 2 / 2 1,155 $222,500
Avg 2 / 2 1,733 $308,600
Med 2 / 2 1,795 $315,950

We can see from this report that:

The average sales price for Edgewater Arms condos sold in 2016 was $308,600 – this being for a 2 bedroom 2 bathroom unit of 1733 square feet with a sales price to square foot price of $184.00

The median sales price for Edgewater Arms condos sold in 2016 was $315,950this being for a 2 bedroom 2 bathroom unit of 1795 square feet with a sales price to square foot price of $187.00

We can also see the the most expensive sale here in Edgewater Arms in 2016 was $380,000 and the least expensive sale was $222,500

More on Edgewater Arms Sales Prices in 2015

More on Edgewater Arms Sales Prices in 2014

More on Edgewater Arms Sales Prices in 2013

 

View of Galt Ocean Mile condos including Edgewater Arms from Fort Lauderdale Beach

Galt Ocean Mile Condos
2016 Pricing by Bedroom

The following report shows the breakdown of median prices for direct oceanfront Galt Ocean Mile / Zip 33308 condos for sale – by bedroom for 2016

Beds/Baths SF/FF Sale Price SP$/SqFt
0 / 1 320 $205,000 $605
1 / 1 1,076 $287,000 $267
2 / 2 1,662 $455,000 $291
3 / 2 2,260 $780,000 $390
4 / 4 3,970 $907,500 $277

We can see from this report that in 2016:

Studios – median price $205,000 for a unit of 320 square feet with a sales price to square foot price of $605.00

1 Bedroom units – median price $287,000 for a 1 bed / 1 bath unit of 1076 square feet with a sales price to square foot price of $267.00

2 Bedroom units – median price $455,500 for a 2 bed / 2 bath unit of 1662 square feet with a sales price to square foot price of $291.00

3 Bedroom units – median price $780,000 for a 3 bed / 2 bath unit of 2260 square feet with a sales price to square foot price of $390.00

4 Bedroom units – median price $907,500 for a 4 bed / 4 bath unit of 3970 square feet with a sales price to square foot price of $277.00

Fort Lauderdale Luxury Condos as seen from the Galt Ocean Mile Beach
Fort Lauderdale Luxury Condos as seen from the Galt Ocean Mile Beach

Galt Ocean Mile Condominiums

Here are links to all the Galt Ocean Mile condominiums – links on our website.  

From each of these pages you can search units for sale, read our latest blogs on units for sale, recent sales and sales prices as well as get a great overview of each of the condominiums.

L’HermitageSouth Point
The CommodorePlaya Del Sol
Royal Ambassador – Edgewater Arms
RivieraRegency Tower
Regency Tower SouthGalt Ocean Club
Playa Del MarOcean Summit
Ocean ClubThe Galleon
L’Ambiance BeachGalt Towers
Plaza SouthPlaza East

View from one of the Edgewater Arms condos for sale Fort Lauderdale
View from one of the Edgewater Arms condos for sale in 2016

Edgewater Arms Fort Lauderdale
Galt Ocean Mile Comparisons

Edgewater Arms 2 Bedroom unitsLarger Units/Lower Price
Edgewater Arms 2 bedroom units with a median price $315,950 for a 2 bed/2 bath unit of 1795 square feet are larger units than the median for 2 bedroom Galt Ocean Mile Condos at 1662 square feet.

The sales price per square foot at $187.00 is less expensive per square foot than for 2 bedroom Galt Ocean Mile Condos at $291.00 per square foot – again making these units a great value for direct oceanfront condos here in Fort Lauderdale!

 

Edgewater Arms Condos
2016 Most Expensive Sale

Here is the market analysis report for the most expensive unit sold here in Edgewater Arms Fort Lauderdale in 2016

Beds/Baths SF/FF Sale Price SP$/SqFt
2 / 2 2,190 $380,000 $174

We can see from this report that a 2 bathroom condo – Unit 7A sold for $380,000  – this 2 bedroom 2 bathroom 2190 square foot condo sold with a sales price to square foot price of $219.00

Important to note is that the unit sold for 95% of its list price and had just 212 days on market – just over 7 months!

We feature this unit below;

Edgewater Arms Co-Op Unit 7A Bldg 1
3600 Galt Ocean Drive
Offered for Sale $399,900

Lounge in your private, enclosed patio seven floors above the sandy beach and enjoy the sunrise over expansive Atlantic Ocean.

This Galt Ocean Mile condo offers views from every corner of this spectacular beachfront unit.

The condo features a huge master bedroom with sitting area and  updated kitchen, and tile throughout. 

This Fort Lauderdale condo in Edgewater Arms sold on the 16th of February 2016 for $380,000  this was the most expensive sale in 2016 for a unit here in Edgewater Arms.

It is important to note that Unit 7A had a sales price to square foot price of $174.00 – which was not the highest square foot price paid for a condo sold in Edgewater Arms in 2016!

Edgewater Arms Condos
Highest Square Foot Price

Here is the market analysis report for the highest / most expensive square foot price paid for unit sold here in Edgewater Arms Fort Lauderdale in 2016

Beds/Baths SF/FF Sale Price SP$/SqFt
2 / 2 1,155 $222,500 $193


We can see from this report that this 2 bathroom condo – Unit 14C sold for $222,500
 – this 2 bedroom 2 bathroom 1155 square foot unit sold with a sales price to square foot price of $193.00

Unit 14C sold for 89% of its list price and had 129 days on market – just over 4 months!

We feature this unit below;

Edgewater Arms Co-Op Unit 14C Bldg 1
3600 Galt Ocean Drive
Offered for Sale $249,900

You will love the great ocean views from all rooms from this condo on prestigious Galt Ocean drive.

Opportunity knocks – estate sale!

This Galt Ocean Mile condo is a direct oceanfront two bedroom, two bath unit with an enclosed balcony.

You will love the ocean views from the  large bedrooms and the spacious and open floor plan ideal for entertaining.

The unit is ready for your personal touches!

This Fort Lauderdale condo here in Edgewater Arms sold on the 23rd of June 2016 for $222,500 – with a sales price to square foot price of $193.00 – which makes this the unit sold with the highest sales price to square foot price in 2016 based on MLS data/records.

Kevin Wirth Realtor Fort Lauderdale Florida

I hope you have enjoyed my post on Edgewater Arms Fort Lauderdale condo sales for 2016.

Kevin Wirth Realtor
954-459-0337