View from one of the 1 bedroom Royal Ambassador Fort Lauderdale condos sold in 2017 - Unit 308

Sales Royal Ambassador Condos Fort Lauderdale 2017

Welcome to our review of 2017 sales for Royal Ambassador condos Fort Lauderdale – here on our famous Galt Ocean Mile.

In 2017 there were 10 x Fort Lauderdale condos sold here in Royal Ambassador– which is the same number of condos as was sold in Royal Ambassador in 2016!

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Aerial view Royal Ambassador condominium 3700 Galt Ocean Drive Fort Lauderdale
Aerial view Royal Ambassador condominium 3700 Galt Ocean Drive Fort Lauderdale

Royal Ambassador Condos
2017 Prices By Bedroom

Here is a pricing guide based on median sales prices for Galt Ocean Mile condos sold in Royal Ambassador in 2017.

BEDS / BATHS LA SP$ SP$/SqFt
0 / 1 600 $170,000 $283.00
1 / 1 800 $260,250 $301.00
2 / 2 1130 $399,999 $354.00
3 / 2 1490 $489,000 $328.00

We can see from this report that in 2017 for:

Royal Ambassador Studio units – the median sales price was $170,000 – this being for a studio unit of 600 square feet with a list price to square foot price of $283.00 – In 2016 the median sales price for a studio unit here in Royal Ambassador was lower at $150,000 – this being for a studio unit of 600 square feet with a list price to square foot price of $250.00

Royal Ambassador 1 Bedroom units – the median sales price was $260,250 – this being for a 1 bed/1 bath unit of 800 square feet with a list price to square foot price of $301.00 – In 2016 the median sales price for a 1 bedroom unit here in Royal Ambassador was lower at $238,500 – this being for a 1 bed/1 bath unit of 800 square feet with a list price to square foot price of $289.00

Royal Ambassador 2 Bedroom units – the median sales price was $399,999 – this being for a 2 bed/2 bath unit of 1130 square feet with a list price to square foot price of $354.00 – In 2016 the median sales price for a 2 bedroom unit here in Royal Ambassador was much higher at $520,000 – this being for a 2 bed/2 bath unit of 1250 square feet with a list price to square foot price of $416.00

Royal Ambassador 3 Bedroom units – the median sales price was $489,000 – this being for a 3 bed /2 bath unit of 1490 square feet with a list price to square foot price of $328.00 – In 2016 the median sales price for a 3 bedroom unit here in Royal Ambassador was $540,000 – this being for a 3 bed /2 bath unit of 1490 square feet with a list price to square foot price of $333.00

View Royal Ambassador condominium - 3700 Galt Ocean Drive Fort Lauderdale FL
View Royal Ambassador condominium – 3700 Galt Ocean Drive Fort Lauderdale FL

Royal Ambassador
Studio Condo Units

In 2017 there were 2 x studio units sold here in Royal Ambassador – this is up from 1 studio unit sold in 2016!

Our market analysis report for these units is presented below.

BEDS / BATHS LA SP$
Min 0 / 1 600 $170,000
Max 0 / 1 600 $170,000
Avg 0 / 1 600 $170,000
Median 0 / 1 600 $170,000

We can see from this report that BOTH  the average and median sales price for studio units sold here in Royal Ambassador in 2017 was $170,000this being for a unit of 600 square feet with a sales price to square foot price of $283.00

Also important to note is that:

  • the median sales price to list price was 92% 
  • the median days on market was 206 days or just under 7 months – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!

Royal Ambassador
1 Bedroom Condos

In 2017 there were 6 x 1 bedroom units sold here in Royal Ambassador – In 2016 there were 4 x 1 bedroom units sold!

Our market analysis report for these units is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 800 $229,000
Max 1 / 1 800 $300,000
Avg 1 / 1 800 $261,416
Median 1 / 1 800 $260,250

We can see from this report that the average price for a 1 bedroom unit sold here in Royal Ambassador in 2017 was $261,416 – this being for a 1 bedroom 1 bathroom unit of 800 square feet with a sales price to square foot price of $313.00

We can also see that the median sales price for a 1 bedroom condo unit sold in 2017 was $260,416 – this being for a unit of 800 square feet with a sales price to square foot price of $301.00

Important to note is that range of prices for 1 bedroom condo sales – which range from a low of $229,000 to a high of $300,000.

Also important to note is that:

  • the median sales price to list price was 98% 
  • the median days on market was 70 days or 10 weeks – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!

Royal Ambassador
2 Bedroom Condos

In 2017 there were just 1 x 2 bedroom unit sold here in Royal Ambassador.  In 2016 there were 2 x 2 bedroom units sold!

Our market analysis report for this unit is presented below.

BEDS / BATHS LA SP$ SP$/SqFt
2 / 2 1130 $399,999 $354.00

We can see from this report that the sales price for the 1 x 2 bedroom unit sold here in Royal Ambassador in 2017 was $399,999 – this being for a 2 bedroom 2 bathroom unit of 1,130 square feet with a sales price to square foot price of $354.00

Also important to note is that:

  • the sales price to list price was 95% 
  • the days on market was 101 days – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!

Royal Ambassador
3 Bedroom Condos

In 2017 there was just 1 x 3 bedroom unit sold here in Royal Ambassador.  In 2016 there were 3 x 3 bedroom units sold!

Our market analysis report for this unit is presented below.

BEDS / BATHS LA SP$ SP$/SqFt
3 / 2 1490 $489,000 $328.00

We can see from this report that the sales price for the 3 bedroom unit sold here in Royal Ambassador in 2017 was $489,000 – this being for a 3 bedroom 2 bathroom unit of 1,490 square feet with a sales price to square foot price of $328.00

Also important to note is that:

  • the sales price to list price was 100% or full asking price! 
  • the days on market was 103 days  – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!

Royal Ambassador
Fort Lauderdale Condos Sold 2017

Here is a list of all the Royal Ambassador Fort Lauderdale condos sold in 2017 – starting from the highest sale to the lowest sale.

CONDO BEDS / BATHS SP$
Unit 1511 3 / 2 $489,000
Unit 201 2 / 2 $399,999
Unit 304 1 / 1 $300,000
Unit 1612 1 / 1 $290,000
Unit 308 1 / 1 $268,500
Unit 608 1 / 1 $252,000
Unit 1412 1 / 1 $229,000
Unit 504 1 / 1 $229,000
Unit 1509 0 / 1 $170,000
Unit 302 0 / 1 $170,000

We can see from this report all of the sales for 2017 – by unit.

Kevin_Wirth_on_Galt_Ocean_Mile

I hope you have enjoyed this post on 2017 sales for Royal Ambassador condos here on Galt Ocean Mile Fort Lauderdale.

Kevin Wirth – Realtor
954-459-0337