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Playa Del Mar Condos

Playa Del Mar
Galt Ocean Mile Condos

Welcome to our April / May 2018 Blog on Playa Del Mar Galt Ocean Mile condos for sale Fort Lauderdale

Playa del Mar offers condos for sale that are direct oceanfront units – set right on the beachfront here on our famous Galt Ocean Mile.

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At the time of writing this Blog there are 10 x Fort Lauderdale condos for sale here at Playa Del Mar Galt Ocean Mile – 1 of which is a new listing!

There have been 7 condos sold here over the last 6 months – and 4 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 Playa del Mar – Important information for both buyers and sellers!

Playa del Mar
Galt Ocean Mile – Key Statistics
Playa Del Mar Condominium Association in Fort Lauderdale, Florida
Address: 3900 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • Prices from $339,000 – $699,000
  • Median List Price $369,000
    – 1 Bedroom 1 Bathroom Unit

Median Sales Last 6 Months

  • Sales Price $485,000
    – 2 Bedroom 2 Bathroom Unit
  • Sales Price to Sq Ft Price $328.00
  • Sales to List Price 93%
  • Days on Market 31 Days

Playa Del Mar
Condos for Sale

There are currently 11 x Playa del Mar Galt Ocean Mile condos for sale here in Fort Lauderdale FL.

The number of condos currently for sale is down from 14 condos for sale in our last post on Playa del Mar condos for sale for February / March 2018

Our market analysis report for these 11 x Galt Ocean Mile condos for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 1088 $339,000
Max 2 / 2 1771 $699,000
Avg 1 / 1 1195 $449,145
Median 1 / 1 1088 $369,000

This report shows us that the average price for a condo for sale here in Playa Del Mar is $449,145 – this being for a 1 bedroom 1 bathroom unit of 1195 square feet with a list price to square foot price of $344.00

We can also see that the median price for a condo for sale here in Playa Del Mar is $369,000 – this being for a 1 bedroom 1 bathroom unit of 1088 square feet with a list price to square foot price of $344.00

In our last post post the the median price for a condo for sale here in Playa Del Mar was $515,000 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet with a list price to square foot price of $340.00

View Playa del Mar 3900 Galt Ocean Dr, Fort Lauderdale
View Playa del Mar 3900 Galt Ocean Dr, Fort Lauderdale

Playa del Mar Condos
Prices by Bedroom

Here are the median prices by bedroom for all the Playa del Mar Galt Ocean Mile condos currently for sale.

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1088 $355,000 $321.00
2 / 2 1649 $599,900 $380.00

We can see from this summary report that the median price for:

  • 1 Bedroom units for sale is $355,000 – this being for a 1 bedroom 1 bathroom unit of 1088 square feet with a list price to square foot price of $321.00 – In our last post the median price for 1 Bedroom unit  was lower at $344,950 – this being for a 1 bedroom 1 bathroom unit of 1088 square feet with a list price to square foot price of $312.00
  • 2 Bedroom units is $599,900 – this being for a 2 bedroom 2 bathroom unit of 1649 square feet with a list price to square foot price of $380.00 – In our last post the median for 2 Bedroom units was lower at $579,000 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet with a list price to square foot price of $361.00
  • There are currently no 3 Bedroom units for sale – In our last post the median for 3 Bedroom units was $950,000 – this being for a 3 bedroom 2 bathroom unit of 2140 square feet with a list price to square foot price of $444.00
Beach views Playa del Mar condo for sale Galt Ocean Mile Fort Lauderdale
Beach views Playa del Mar condo for sale Galt Ocean Mile Fort Lauderdale

Playa Del Mar Condos
New Listings

There has been just 1 new listings of Playa del Mar Galt Ocean Mile condos for sale in the last 30 days – In our last post there were 3 new listings.

Our market analysis report for this new listing is presented below

BEDS / BATHS LA LP$
Unit 412 2 / 2 1649 $619,900

We can see from this report that Playa del Mar condo 412 a 2 bedroom unit was just listed for sale for $619,900 this 2 bedroom 2 bathroom 1649 square foot unit has a list price to square foot price of $376.00 per square foot

This Galt Ocean Mile condo for sale is a beautiful 4th floor unit with “front facing” unobstructed ocean views.

The unit was fully renovated from top to bottom by a designer!

The condo features: all new, high end kitchen and bathrooms, new wood laminate floors throughout with marble and tile baths.   There is ample closet space with 2 walk in closets and a full laundry room!


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

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

Click here to email me now

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View Galt Ocean Mile New Listings

View Galt Ocean Mile condo pending sale Playa del Mar - Unit 2012A
View Galt Ocean Mile condo pending sale Playa del Mar Fort Lauderdale – Unit 2012A

Playa Del Mar Condos
Pending Sales

There are 4 x Playa del Mar Galt Ocean Mile condos currently pending sale – which is well up from our last post!

In our last post there was also  just 1 condo pending sale – this was Unit 912 a 2 bedroom unit!

Our market analysis report for these units is presented below

BEDS / BATHS LA LP$
Unit 1507 2 / 2 1771 $649,000
Unit 802 2 / 2 1435 $515,000
Unit 111 2 / 2 1771 $433,000
Unit 2012A 1 / 1 1153 $375,000

We can see from this report that: 

Unit 1507 a 2 bedroom Playa del Mar condo listed for sale for $649,000 is now pending salethis 2 bedroom 2 bathroom 1771 square foot unit has a list price to square foot price of $366.00

This Galt Ocean Mile condo is a South-East corner unit with direct ocean views for miles.   The unit features: a custom designed interior with granite and marble throughout, an open kitchen. modern glass balconies, a semi private elevator, impact windows, garage parking and a washer/dryer!

Unit 802 a 2 bedroom Playa del Mar condo listed for sale for $515,000 is now pending salethis 2 bedroom 2 bathroom 1435 square foot unit has a list price to square foot price of $359.00

This Galt Ocean Mile condo is an “open convertible model” with fantastic views of the ocean.   The second bedroom is currently open to the living area but can easily be enclosed.   Features include: a large updated kitchen with stainless steel appliances, an updated second bath, large walk in closet and a washer/dryer in the unit!

Unit 111 a 2 bedroom Playa del Mar condo listed for sale for $433,000 is now pending salethis 2 bedroom 2 bathroom 1771 square foot unit has a list price to square foot price of $244.00

This Galt Ocean Mile condo is a large corner beach condo with direct ocean views The unit features: granite bath vanities, washer/dryer, glass balcony, garage parking. walk

Unit 2012A a 1 bedroom Playa del Mar condo listed for sale for 375,000 is now pending salethis 1 bedroom 1 bathroom 1153 square foot unit has a list price to square foot price of $325.00

This Galt Ocean Mile condo is a high floor corner unit with fantastic views of the ocean and the city.   The unit has been impeccably remodeled and features: Marble floors , impact windows throughout, granite counter-tops, stainless steel appliances and 42″ wood cabinets.  The large Master bedroom has great ocean views and a beautifully remodeled Master bathroom with walk- in California closet.

View Galt Ocean Mile condo recently sold Playa del Mar Fort Lauderdale Unit 912
View Galt Ocean Mile condo recently sold Playa del Mar Fort Lauderdale Unit 912

Playa Del Mar
Sales Last 6 Months

There have been 7 x Playa del Mar Galt Ocean Mile condos sold over the last 6 months –this is up from the 4 x Playa del Mar condos sold over the preceding 6 months as per our last post!

Here is our market analysis report of Galt Ocean Mile condo sales in Playa Del Mar as at time of writing.

BEDS / BATHS LA SP$
Min 1 / 1 1088 $265,000
Max 3 / 2 2140 $907,500
Avg 2 / 2 1499 $499,071
Median 2 / 2 1435 $485,000

We can see from this report that the average price paid for a unit sold here in Playa Del Mar over the last 6 months has been $499,071 – this being for a 2 bedroom 2 bathroom unit

We can also see that the median price paid for a unit sold here in Playa Del Mar has been $485,000 – this being for a 2 bedroom 2 bathroom unit

In our last post the median was $349,000 – this being for a 1 bedroom 1 bathroom unit!

View Playa del Mar condominium 3900 Galt Ocean Drive Fort Lauderdale Florida
View Playa del Mar condominium 3900 Galt Ocean Drive Fort Lauderdale Florida

Playa del Mar Condos
Median Sales Prices

Here are the median sales prices by bedroom for all the Playa del Mar Galt Ocean Mile condos sold over the last 6 months.

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 1153 $280,000 $238.00
2 / 2 1649 $530,000 $334.00
3 / 2 2140 $907,500 $424.00

We can see from this report that the median sales price for:

  • 1 Bedroom Playa del Mar condos sold has been $280,000 – this being for a 1 bedroom 1 bathroom unit of 1153 square feet with a sales price to square foot price of $238.00 In our last post  the median was the same at $280,000 – this being for a 1 bedroom 1 bathroom unit of 1153 square feet with a sales price to square foot price of $238.00
  • 2 Bedroom Playa del Mar condos sold has been $530,000 – this being for a 2 bedroom 2 bathroom unit of 1649 square feet with a sales price to square foot price of $334.00.  In our last post the median for 2 Bedroom units sold over the preceding 6 months was higher at $608,000 – this being for a 2 bedroom 2 bathroom unit of 1821 square feet with a sales price to square foot price of $334.00.
  • 3 Bedroom Playa del Mar condos sold has been $907,500 – this being for a 3 bedroom 2 bathroom unit of 2140 square feet with a sales price to square foot price of $424.00  – There had been no 3 bedroom units sold in our last post – However in our last post when there had been sales of 3 bedroom units , the median was $660,000 – this being for a unit of 2124 square feet with a sales price to square foot price of $311.00.

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for ALL of the Fort Lauderdale Condos sold in Playa del Mar over the last 6 months.

SP$/SqFt
Min $219.00
Max $424.00
Avg $316.00
Median $328.00

We can see from this report that the median sales price to square foot price paid for a Playa del Mar Galt Ocean Mile condo sold over the last 6 months has been $328.00 per square foot – well up from  $257.00 in our last post and $289.00 in our prior post!

Also important to note is the highest price paid at $424.00!

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Playa del Mar 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 78%
Max 97%
Avg 92%
Median 93%

We can see from this report that the median sales price to list price for Fort Lauderdale condos here in Playa del Mar has been 93% – this is up from 91% in our last post!

This means if a Fort Lauderdale condo for sale here in Playa del Mar is listed at $500,000 – then based on median sales data the condo could be expected to sell for 93% of that amount or $465,000 based on MLS data!

Days on Market

Days on market for Playa del Mar condos for sale is an important indicator on how strong demand is for Fort Lauderdale condos for sale in this complex..

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

DOM
Min 26
Max 181
Avg 85
Median 31

We can see from this report that the average days on market for a Fort Lauderdale condo for Sale in Playa del Mar is 85 days

We can also see that the median days on market for a Playa del Mar condo sold over the last 6 months has been just 31 days or just over 1 month!

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

Playa del Mar
Condo Sales Itemized

Here is the data for each of the Playa del Mar Galt Ocean Mile condos sold over the last 6 months

BEDS / BATHS LA SP$
Unit 817 3 / 2 2140 $907,500
Unit 1210 2 / 2 1821 $608,000
Unit 912 2 / 2 1649 $530,000
Unit 1515 2 / 2 1435 $485,000
Unit 2612A 1 / 1 1153 $418,000
Unit 1204 1 / 1 1088 $280,000
Unit 209 1 / 1 1209 $265,000

We can see from this report the details for each condo sold – including the most expensive sale over the last 6 months, which was for unit 817 a 3 bedroom condo which sold for $907,500.

This 3 bedroom 2 bathroom 2140 square foot condo had a sales price to square foot price of $424.00

Playa del Mar condo unit 817 sold for 96% of list price and had just 27 days on market or just under 1 month!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Playa del Mar Galt Ocean Mile condos for sale are units in a great direct oceanfront complex that is pet friendly too!

Currently there is a great range of condos for sale with 10 units for sale!

Sales activity has really picked up over the last few months..

We currently have 4 units pending sale and 7 units have been sold over the last 6 months

Median days on market is also very strong at just 31 days!

If your looking for a direct oceanfront condo for sale in a great building here in Fort Lauderdale, I strongly recommend adding units for sale here in Playa del Mar.

I hope you have enjoyed this post on Playa Del Mar Fort Lauderdale Condos for Sale – Kevin Wirth Realtor