View L'Ambiance condominium 4240 Ocean Drive Fort Lauderdale condo for sale

L’Ambiance Condos

L’Ambiance
Galt Ocean Mile Condos

Welcome to my June 2018 / July 2018 post on L’Ambiance Galt Ocean Mile condos for sale Fort Lauderdale.

Fort Lauderdale condos for sale here in L’Ambiance are luxury units set right on the ocean in one of the newer construction condominiums here on Galt Ocean Mile.

Search L’Ambiance Condos for Sale

 

There are currently 4 x Luxury Galt Ocean Mile direct oceanfront condos for sale here in L’Ambiance.

There have been 4 sales of a luxury oceanfront condo in this complex over the last 6 months and 1 units are currently pending sale!

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 months!

We also compare recent sales trends in L’Ambiance – Important information for both buyers and sellers!

L’Ambiance
Galt Ocean Mile Condos – Key Statistics
L’Ambiance Condominium complex in Fort Lauderdale, Florida
Address: 4240 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • Prices from $699,000 – $999,000
    – 1 Bristol Units for Sale $999,000
    – 3 Cannes Units for Sale – Median $749,000

Median Sales Prices

  • Sales Price last 6 Months $774,450
    – 3 Bedroom 2 Bathroom luxury unit
  • Sales Price to Square Foot Price $385.00
  • Sales to List Price 95%
  • Days on Market 321 Days
View L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale condo for sale
View L’Ambiance 4240 Galt Ocean Drive Fort Lauderdale condos for sale here in Sunny Florida

L’Ambiance
Condos for Sale

There are currently 4 x luxury L’Ambiance Galt Ocean Mile condos for sale here on Galt Ocean Mile – well down from our last 2 posts!

In our last post on L’Ambiance condos for sale for April / May 2018 there were 6 condos for sale!

In our prior post on L’Ambiance condos for sale for February / March 2018 there were 8 condos for sale!

Our market analysis report these 4 x luxury Galt Ocean condos for sale is presented below.

BEDS / BATHS LA LP$
Min 3 / 2 1836 $699,000
Max 3 / 2 2318 $999,000
Avg 3 / 2 1996 $811,725
Median 3 / 2 1836 $774,450

We can see from this report that the average price for a luxury Fort Lauderdale condo for sale here in L’Ambiance is $811,725 – this being for a 3 bedroom 2 bathroom unit of 1996 square feet with a list price to square foot price of $406.55

In our last post the average price for a luxury condo for sale here in L’Ambiance was higher $955,983 – this being for a 3 bedroom 2 bathroom unit of 2129 square feet with a list price to square foot price of $448.00

We can also see from this report that the median price for a luxury condo for sale here in L’Ambiance is $774,450 – this being for a 3 bedroom 2 bathroom unit of 1836 square feet with a list price to square foot price of $408.00

In our last post the median price for a luxury condo for sale here in L’Ambiance was the same at $774,450 – this being for a 3 bedroom 2 bathroom unit of 1836 square feet with a list price to square foot price of $408.00

Both median prices in this post and our last post are / were for luxury 3 bedroom units.


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
Galt Ocean Mile Specialist
kevinsellsmore@gmail.com
954-459-0337

Click here to email me now


L’Ambiance
Galt Ocean Mile – “Condo Lines”

Currently we have a good range of Galt Ocean Mile condos for sale “by Line” here in L’Ambiance.

The diagram below gives us an outline of the building condos currently for sale by line.

Plan L'Ambiance Galt Ocean Mile Condos for Sale by Lines

We can see from this diagram the different lines for L’Ambiance Galt Ocean Mile condos for sale – these “lines” being known as Astor, Bristol and Cannes.

Astor – Line 3 – Floors 24-25
These are 3 bedroom oceanfront condo units with a den and 4.5 bathrooms

Bristol – Line 5 – Floors 4 – 23
These are 2 bedroom oceanfront condo units with a den / 3rd bedroom convertable and 2.5 bathrooms

Cannes – Line 1 and 6 – Floors 4-23
These are 2 bedroom condo units with a den / 3rd bedroom convertible and 2 bathrooms

L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale
L’Ambiance condominium 4240 Galt Ocean Drive, Galt Ocean Mile Fort Lauderdale

L’Ambiance
Condos for Sale – By Line

Here are our market analysis report for the 7 different L’Ambiance Galt Ocean Mile condos for sale by line

L’Ambiance – Line 3
“Astor” Condos for Sale

There are currently no Astor Line condos for sale.

In our last post there was one Astor unit for sale – Unit 2503 an L’Ambiance “Astor 03 Line” condo which was offered for sale is offered for sale for $1,739,000 – this 3 bedroom 3 bathroom 2823 square foot Galt Ocean Mile condo for sale has a list price to square foot price of $616.00

L’Ambiance – Line 5
“Bristol” Condos for Sale

There are currently just 1 x Bristol Line L’Ambiance Galt Ocean Mile condo for sale

Our market analysis report for this 1 x L’Ambiance Bristol Line condo for sale is presented below:

CONDO BEDS / BATHS LA LP$
Unit 405 3 / 2 2318 $999,000

We can see from this report that:

Unit 405 an L’Ambiance ” Bristol 05 Line” condo for sale is offered for sale for $999,000this 3 bedroom 2 bathroom 2318 square foot Galt Ocean Mile condo for sale has a list price to square foot price of $431.00

In our last post Unit 405 was listed for sale at $1,050,000.

L’Ambiance – Line 1 & 6
“Cannes” Condos for Sale

There are currently 3 x Cannes Line L’Ambiance Galt Ocean Mile condos for sale – this is down from 4 Cannes Line condos for sale in our last post and 6 Cannes Line condos for sale as in our prior post!

Here is our market summary report for these 3 x L’Ambiance Cannes Line condos for sale is presented below:

BEDS / BATHS LA LP$
Min 3 / 2 1836 $699,000
Max 3 / 2 1836 $799,900
Avg 3 / 2 1836 $749,300
Median 3 / 2 1836 $749,000

We can see from this summary report that the average price for a L’Ambiance “Cannes Line” condo for sale is offered for sale is $749,300 – this 3 bedroom 2 bathroom 1836 square foot unit with a list price to square foot price of $394.00

We can also see that the median price for a L’Ambiance “Cannes Line” condo for sale is $749,000this 3 bedroom 2 bathroom 1836 square foot unit with a list price to square foot price of $394.00 – up from our last 2 posts!

In our last post the median price for a L’Ambiance “Cannes Line” condo for sale was lower at $724,000 – this 3 bedroom 2 bathroom 1836 square foot unit with a list price to square foot price of $381.00

In our prior post the median price for a L’Ambiance “Cannes Line” condo for sale was lower at $699,000 – this 3 bedroom 2 bathroom 1836 square foot unit with a list price to square foot price of $381.00

It is important to note the range of prices for L’Ambiance “Cannes Line” condos for sale which start at $699,000 and go up to $799,900!


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
Galt Ocean Mile Specialist
kevinsellsmore@gmail.com
954-459-0337

Click here to email me now


View luxury Galt Ocean Mile condo pending sale L'Ambiance Unit 901 - Cannes Model
View luxury Galt Ocean Mile condo pending sale L’Ambiance Unit 901 – Cannes Model

L’Ambiance Condos
New Listings

There have been no new listings of luxury condos here in L’Ambiance over the last 30 days

In our last post there was 1 new listing – Unit 405 a Bristol Model which was listed for sale for $1,050,000

L’Ambiance Condos
Pending Sales

There is currently 1 x luxury L’Ambiance Galt Ocean Mile condos pending sale here in L’Ambiance

In our last post there were 2 units pending sale L’Ambiance unit 605 a 3 bedroom condo offered for sale for $999,999 and L’Ambiance unit 901 a 3 bedroom condo offered for sale for $689,000

Our market report for this unit is presented below

CONDO BEDS / BATHS LA LP$
Unit 901 3 / 2 1836 $689,000

We can see from this report that Unit 901 a 3 bedroom L’Ambiance Cannes Model condo listed for sale for $689,000 is now pending salethis 3 bedroom 2 bathroom 1836 square foot unit has a list price to square foot price of $689,000

This amazing condo is move-in ready and features views of the waterway, city and ocean.

The unit has impact glass windows and doors, large master suite, spacious balcony, very open gourmet kitchen and much more

This unit has 2 parking spaces, a value of $50,000.00. Priced to sell.

View Galt Ocean Mile condo recently sold L'Ambiance Fort Lauderdale - Unit 805
View Galt Ocean Mile condo recently sold L’Ambiance Fort Lauderdale – Unit 805

L’Ambiance Condos
Recent Sales – Last 6 Months

There have been 4 x L’Ambiance Galt Ocean Mile condos sold over the last 6 months – well up from our last post!

This is well up from just 2 x L’Ambiance Galt Ocean Mile condos sold over the preceding 6 months as in our last post!

The market analysis report for these sales is presented below.

BEDS / BATHS LA SP$
Min 3 / 2 1836 $652,500
Max 3 / 2 2318 $975,000
Avg 3 / 2 2077 $808,750
Median 3 / 2 2077 $803,750

We can see from this report that the average price for a luxury Galt Ocean Mile condo sold here in L’Ambiance over the last 6 months has been $808,750this being for a 3 bedroom 2 bathroom unit 

We can also see that the median price for a luxury condo sold here in L’Ambiance over the last 6 months has been $803,750 – this being for a 3 bedroom 2 bathroom unit 

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for ALL L’Ambiance Galt Ocean Mile condos sold over the last 6 months.

SP$/SqFt
Min $355.00
Max $421.00
Avg $387.00
Median $385.00

We can see from this report that the median sales price to square foot price paid for a condo sold here in L’Ambiance over the last 6 months has been $385.00 per square foot  – up from $360.00 in our last post!

It is important to note the highest square foot price paid at $421.00!

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for L’Ambiance 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 93%
Max 98%
Avg 95%
Median 95%

We can see from this report that the median sales price to list price has been 95% – the same as in our last 2 posts! 

This means if a Fort Lauderdale condo for sale here in L’Ambiance is listed at $900,000 – then based on median sales data the condo could be expected to sell for 95% of that amount or $855,000.

Days on Market

Days on market for Galt Ocean Mile Condos for Sale in L’Ambiance is an important indicator on how strong demand is for condos in this complex..

Here is the market analysis report for Days on Market based on condo sales over the last 6 months.

DOM
Min 121
Max 686
Avg 362
Median 321

We can see from this report that the average days on market for a Galt Ocean Mile condo sold in L’Ambiance is 362 days or almost a full year!

We can also see that the median days on market at 321 days

Days on market is the time from when the condo was listed for sale till the condo sold AND closed.

L’Ambiance
Sales by Unit

Here is our market summary report for L’Ambiance condos showing the data for each of the units sold over the last 6 months.

CONDO BEDS / BATHS LA LP$
Bristol 605 3 / 2 2318 $999,999
Bristol 805 3 / 2 2318 $998,000
Cannes 1906 3 / 2 1836 $699,900
Cannes 1406 3 / 2 1836 $699,000

We can see from this report the details for each unit sold as well as the most expensive unit sold which was Unit 605 a 3 Bedroom Luxury L’Ambiance condo which sold for $999,999this 3 bedroom 2 bathroom unit of 2318 square feet had a sales price to square foot price of $431.00

Unit 605 a Bristol Model sold for 98% of list price and had 268 days on market – or just under 9 months!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

L’Ambiance Galt Ocean Mile condos are units in one of the newer construction Fort Lauderdale luxury condominiums here on Galt Ocean Mile.

I am very pleased to report that sales have picked up in the complex with 1 units pending sale and 4 units sold over the last 6 months!

This is great as sales had been very slow over the past year!

I hope you have enjoyed this post on L’Ambiance condos for sale Fort Lauderdale – Kevin Wirth Realtor