View Playa del Mar 3900 Galt Ocean Drive Fort Lauderdale condo for sale

Playa Del Mar Condos

Playa Del Mar
Galt Ocean Mile Condos

Welcome to our August 2018 / September 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.

Search Playa Del Mar Condos for Sale

 

At the time of writing this Blog there are 8 x Fort Lauderdale condos for sale here at Playa Del Mar Galt Ocean Mile

There have been 15 condos sold here over the last 6 months – and 1 unit is 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 $340,000 – $669,000
  • Median List Prices
    1 Bedroom Units $353,450
    – 2 Bedroom Units $604,950

Median Sales Last 6 Months

  • Sales Price to Sq Ft Price $338.00
  • Sales to List Price 96%
  • Days on Market 102 Days

Playa Del Mar
Condos for Sale

There are currently 8 x Playa del Mar Galt Ocean Mile condos for sale here in Fort Lauderdale FL.

This is the same number of Playa del Mar condos for sale as in our last post for June / July 2018, but is down from 11 condos for sale in our prior post for April / May 2018

Our market analysis report for these 8 x Galt Ocean Mile condos for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 1088 $340,000
Max 2 / 2 1435 $669,000
Avg 1 / 1 1133 $472,208
Median 1 / 1 1294 $424,930

This report shows us that the average price for a condo for sale here in Playa Del Mar is $472,208 – this being for a 1 bedroom 1 bathroom unit of 1133 square feet with a list price to square foot price of $375.00

We can also see that the median price for a condo for sale here in Playa Del Mar is $424,930 – this being for a 1 bedroom 1 bathroom unit of 1294 square feet with a list price to square foot price of $330.00

 

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 $354,450 $325.00
2 / 2 1435 $604,950 $453.00

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

  • 1 Bedroom units for sale is $354,450 – this being for a 1 bedroom 1 bathroom unit of 1088 square feet with a list price to square foot price of $325.00 – In our last post the median price for 1 Bedroom unit  was higher at $359,000 – this being for a 1 bedroom 1 bathroom unit of 1088 square feet with a list price to square foot price of $335.00
  • 2 Bedroom units is $604,950 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet with a list price to square foot price of $453.00 – In our last post the median for 2 Bedroom units was higher at $630,000 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet with a list price to square foot price of $395.00
  • There are currently no 3 Bedroom units for sale – In the last post when 3 bedroom units were for sale the median price 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

Playa Del Mar Condos
New Listings

There has been no new listings of Playa del Mar Galt Ocean Mile condos for sale in the last 30 days – In our last post there were 2 new listing – Unit 1207 a 2 bedroom condo and Unit 303 also a 2 bedroom unit!


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

Search Galt Ocean Mile Condos for Sale
View Galt Ocean Mile New Listings

View Playa del Mar 3900 Galt Ocean Drive Fort Lauderdale condo pending sale - Unit 2104
View Playa del Mar 3900 Galt Ocean Drive Fort Lauderdale condo pending sale – Unit 2104

Playa Del Mar Condos
Pending Sales

There is just 1 x Playa del Mar Galt Ocean Mile condo currently pending sale.

This is well down from our last post for June / July 2018 when there were 4 condos pending sale!

Our market analysis report for this 1 unit is presented below

CONDO BEDS / BATHS LA LP$
Unit 2104 1 / 1 1088 $339,000

We can see from this report that Unit 2104 a 1 bedroom Playa del Mar condo listed for sale for $339,000 is now pending salethis 1 bedroom 1 bathroom 1088 square foot unit has a list price to square foot price of $312.00

This Galt Ocean Mile condo is a “Diamond in the Rough”!

The unit is a high floor sunny side one bedroom, one and a half bath condo.   This very spacious apartment with washer and dryer is ready for a complete renovation!

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 15 x Playa del Mar Galt Ocean Mile condos sold over the last 6 months –this is well up from the 11 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 $335,000
Max 3 / 2 2140 $907,500
Avg 2 / 2 1484 $500,533
Median 2 / 2 1435 $497,000

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 $500,533 – 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 $497,000 – this being for a 2 bedroom 2 bathroom unit

In our last post the median was also $497,000 – this being for a 2 bedroom 2 bathroom unit

In our prior post the median was $485,000 – this being for a 2 bedroom 2 bathroom unit

View Playa del Mar condominium Galt Ocean Mile Fort Lauderdale
Gorgeous view of View Playa del Mar condominium 3900 Galt Ocean Drive in Fort Lauderdale!

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 1088 $350,000 $322.00
2 / 2 1649 $530,000 $346.00
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 $350,000 – this being for a 1 bedroom 1 bathroom unit of 1088 square feet with a sales price to square foot price of $322.00 In our last post  the median was lower at $340,000 – this being for a 1 bedroom 1 bathroom unit of 1088 square feet with a sales price to square foot price of $295.00
  • 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 $346.00.  In our last post the median for 2 Bedroom units sold over the preceding 6 months was lower at $525,000 – this being for a 2 bedroom 2 bathroom unit of 1649 square feet with a sales price to square foot price of $338.00.
  • 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  – This is the same as in our last 2 posts!

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 $198.00
Max $424.00
Avg $335.00
Median $338.00

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 $338.00 per square foot

It is important to note that this is up from $335.00 in our last post which in turn was up from $328.00 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 80%
Max 99%
Avg 95%
Median 96%

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 96%

It is important to note that this is up from 95% in our last post which was up from 93% in our prior post which in turn was up from 91% in our earlier post!

This means if a Fort Lauderdale condo for sale here in Playa del Mar is listed at $550,000 – then based on median sales data the condo could be expected to sell for 96% of that amount or $528,000 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 5
Max 591
Avg 144
Median 102

We can see from this report that the average days on market for a Fort Lauderdale condo for Sale in Playa del Mar is 144 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 102 days – well up from just 61 days as in our last post!

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

CONDO BEDS / BATHS LA SP$
Unit 817 3 / 2 2140 $907,500
Unit 1206 2 / 2 1821 $660,000
Unit 1507 2 / 2 1771 $643,500
Unit 412 2 / 2 1649 $595,000
Unit 1412 2 / 2 1649 $550,000
Unit 912 2 / 2 1649 $530,000
Unit 616 2 / 2 1435 $525,000
Unit 802 2 / 2 1435 $497,000
Unit 1515 2 / 2 1435 $485,000
Unit 1204 1 / 1 1088 $375,000
Unit 2404 1 / 1 1088 $365,000
Unit 111 2 / 2 1771 $350,000
Unit 1914 1 / 1 1088 $350,000
Unit 2012A 1 / 1 1153 $340,000
Unit 2304 1 / 1 1088 $335,000

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 nice range of condos for sale – including some great renovated units!

I am pleased to report that sales activity has continued to pick up over the last 6 months with 15 units sold – up from 11 units sold in our prior post!

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