View from one of the Plaza East Galt Ocean Mile condos for sale - 4300 N Ocean Blvd, Fort Lauderdale

Plaza East Condos

Plaza East Galt Ocean Mile
Condos for Sale

Welcome to our February / March 2018 post on Plaza East Galt Ocean Mile condos for sale Fort Lauderdale.

Fort Lauderdale condos for sale here in Plaza East are “direct” oceanfront units set right on the beach.  

Plaza East has 266 condos set right on the sand/beachfront here in Galt Ocean Mile.  The complex itself is actually located on Ocean Blvd and sits at the very North End of all of the Galt Ocean Mile Condominiums.

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There are currently 11 Plaza East Galt Ocean Mile condos for sale 

There have been 11 sales over the last 6 months

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 Plaza East – Important information for both buyers and sellers!

Plaza East
Galt Ocean Mile – Key Statistics 

Plaza East Condo Association
Address: 4300 N Ocean Blvd, Fort Lauderdale, FL 33308

  • Prices from $450,000 – $775,000
  • Median List Price $597,500
    – 2 Bedroom 2 Bathroom Unit


Median Sales Prices

  • Sales Price last 6 Months $595,000
    – 2 Bedroom 2 Bathroom Unit
  • Sales Price to Sq Foot Price $319.00
  • Median Sales to List Price 95%
  • Days on Market 103 Days
View Plaza East condominium - 4300 N Ocean Blvd, Fort Lauderdale
View Plaza East condominium – 4300 N Ocean Blvd, Fort Lauderdale

Plaza East
Condos for Sale

Here is the market analysis report for the 11 x Plaza East Galt Ocean Mile condos for sale here in Fort Lauderdale Florida. 

In our last post on Plaza East Galt Ocean Mile condos for sale for December 2017 / January 2018  there were also 11 condos for sale.

Our market analysis for the 11 x Plaza East condos for sale Fort Lauderdale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 1450 $450,000
Max 3 / 2 2400 $775,000
Avg 2 / 2 1725 $600,825
Median 2 / 2 1650 $597,500

We can see from this report that the median price of a Galt Ocean Mile condo for sale here in Plaza East is $597,500 –up from our last post!

In our last post for December 2017 / January 2018  the median price of a Galt Ocean Mile condo for sale here in Plaza East was $575,000 – this being for a 2 bedroom 2 bathroom unit.

It is important to note that while median prices have risen this month – median list prices overall are still down from our 2017 posts when the median price of a Galt Ocean Mile condo for sale here in Plaza East was between $648,000 – $659,000

View Plaza East Galt Ocean Mile condos for sale - Unit 5G
View of one of the Plaza East Galt Ocean Mile condos for sale – Unit 5G

Plaza East Condos
Prices by Bedroom

Here is the market analysis report for Plaza East condos for sale showing median prices by Bedroom

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1500 $450,000 $300.00
2 / 2 1650 $577,000 $357.00
3 / 2 2400 $762,000 $392.00

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

  • 1 Bedroom Plaza East condos for sale is $450,000 – this being for a 1 bedroom 1 bathroom unit of 1500 square feet with a square foot price of $300.00 In our last post the median for 1 Bedroom Plaza East condos for sale was the same at $450,000 – this being for a smaller 1 bedroom 1 bathroom unit of 1320 square feet with a square foot price of $370.00
  • 2 Bedroom condo units for sale is $577,000 – this being based on a 2 bedroom 2 bathroom unit of 1650 square feet with a list price to square foot price of $357.00 – In our last post the median for 2 Bedroom condo units for sale was a little lower at $572,000 – this being based on a 2 bedroom 2 bathroom unit of 1650 square feet with a list price to square foot price of $359.00
  • 3 Bedroom condo unit for sale is $762,000 – this being based on a 3 bedroom 2 bathroom unit of 2400 square feet with a list price to square foot price of $392.00 – In our last post the median for 3 bedroom condos was a little higher at $772,000 – this being based on a 3 bedroom 2 bathroom unit of 2400 square feet with a list price to square foot price of $392.00

Plaza East Condos
New Listings

There have been no new listing of Plaza East Galt Ocean Mile Condos for sale over the last 30 days

In our last post there were 3 new listings:

  • Unit 17M a 2 bedroom Plaza East condo 
  • Unit 4G a 2 bedroom Plaza East condo 
  • Penthouse E a 1 bedroom Plaza East condo 

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth P.A. – Realtor
Galt Ocean Mile Specialist
954-459-0337

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View Galt Ocean Mile New Listings

Plaza East Condos
Pending Sales

There is currently no Plaza East Galt Ocean Mile condos under contact and pending sale – down from our last 2 posts!

In our last post there was 1 condo under contract and pending sale – Unit 2F a 2 bedroom unit!  In our prior post there were 4 units under contract and pending sale!

View Galt Ocean Mile condo recently sold Plaza East Unit 20A
Look at the views from this Galt Ocean Mile condo recently sold – Plaza East Unit 20A

Recent Sales – Last 6 Months

There have been 11 sales of Galt Ocean Mile condos here in Plaza East over the last 6 months – the same as in our last post!

The market summary report for these 11 sales is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 1320 $375,000
Max 3 / 2 2400 $732,500
Avg 2 / 2 1747 $563,363
Median 2 / 2 1760 $595,000

We can see from this report that the average sales price for a Plaza East condo sold over the last 6 months has  been $563,363 – this being for a 2 bedroom 2 bathroom unit of 1747 square feet!

We can also see that the median sales price for a Plaza East condo sold over the last 6 months has  been $595,000this being for a 2 bedroom 2 bathroom unit of 1760 square feet – down from our last post!

In our last post the median sales price for a Plaza East condo sold over the preceding 6 months was higher at at $635,000this being for a 2 bedroom 2 bathroom unit of 1625 square feet!

Plaza East Condos
Sales Prices by Bedroom

Here is the market analysis report for Plaza East Galt Ocean Mile condos sold over the last 6 months showing median sales prices by Bedroom

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 1320 $450,000 $341.00
2 / 2 1650 $575,000 $297.00
3 / 2 2215 $718,750 $327.00

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

  • 1 Bedroom condo units sold is $450,000 – this being based on a 1 bedroom 1 bathroom unit of 1320 square feet with a sales price to square foot price of $341.00 – In our last post the median for 1 bedroom condo units sold was the same at $450,000 – this being based on a 1 bedroom 1 bathroom unit of 1320 square feet with a sales price to square foot price of $341.00
  • 2 Bedroom condo units sold is $575,000 – this being based on a 2 bedroom 2 bathroom unit of 1650 square feet with a sales price to square foot price of $297.00 – In our last post the median for 2 bedroom condo units sold was higher at $615,000 – this being based on a 2 bedroom 2 bathroom unit of 1600 square feet with a sales price to square foot price of $372.00
  • 3 Bedroom condo units sold is $718,750 – this being based on a 3 bedroom 2 bathroom unit of 2215 square feet with a sales price to square foot price of $327.00 – In our last post the median for 3 bedroom condo units sold was the same at $718,750 – this being based on a 3 bedroom 2 bathroom unit of 2215 square feet with a sales price to square foot price of $327.00

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for Plaza East Galt Ocean Mile condos sold over the last 6 months.

SP$/SqFt
Min $209.00
Max $452.00
Avg $321.00
Median $319.00

We can see from this report that the median sales price to square foot price paid for a Plaza East condo sold over the last 6 months has been $351.00 per square foot – the same as in our last post!

Important to note is the highest price paid at $452.00!

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Plaza East 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 91%
Max 100%
Avg 95%
Median 95%

We can see from this report that BOTH the average abd median sales price to list price for Fort Lauderdale condo here in Plaza East  has been 95% – down from 97% in our last post!

This means if a Fort Lauderdale condo for sale here in Plaza East is listed at $550,000 – then based on median sales data the condo could be expected to sell for 95% of that amount or $522,500 – based on MLS Data!

Days on Market

Days on market for Plaza East Galt Ocean Mile condos for sale is an important indicator on how strong demand is for 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 1
Max 163
Avg 101
Median 103

We can see from this report that the average days on market for a Fort Lauderdale condo for Sale in Plaza East has been 101 days or just over 3 months – the same as in our last post!

We can also see that the median days on market has been 103 days – the same 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.

Beach views Plaza East 4300 N Ocean Blvd Fort Lauderdale
Look at these great beach views from Plaza East 4300 N Ocean Blvd Fort Lauderdale

Plaza East
Condo Sales Itemized

Here is the data for each of the Plaza East Galt Ocean Mile condos sold over the last 6 months

CONDO BEDS / BATHS LA SP$
Unit 20A 3 / 2 2030 $732,500
Unit 12A 3 / 2 2400 $705,000
Unit 11B 2 / 2 1450 $655,000
Unit 16N 2 / 2 1650 $650,000
Unit 19M 2 / 2 1545 $637,000
Unit 15M 2 / 2 1600 $595,000
Unit 18G 2 / 2 1870 $555,000
Unit 7G 2 / 2 1870 $452,500
Unit 16E 1 / 1 1320 $450,000
Unit 5G 2 / 2 1870 $390,000
Unit 2F 2 / 1 1320 $375,000

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 20 A a 3 bedroom condo which sold for $637,000

Unit 19 M was a 3 bedroom 2 bathroom 2030 square foot unit and sold for $361.00 per square foot.

This condo sold for 95% of list and had just 67 days on market or just under 10 weeks!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Plaza East Galt Ocean Mile condos are units in a great direct oceanfront condominium here on the famous Galt Ocean Mile.

We currently have an excellant range of condos for sale – with 11 units on offer including some very nice 2 bedroom units!

I am pleased to report that sales activity here in Plaza East has remained strong with 11 units sold over the last 6 months!

If your looking for a great oceanfront complex to call “home” then I highly recommend looking at Plaza East Galt Ocean Mile Condos!

I hope you have enjoyed reading my post on Fort Lauderdale condos for sale here in Plaza East  – Kevin Wirth Realtor-+