View Plaza South 4280 Galt Ocean Drive Fort Lauderdale condo for sale

Plaza South Condos

Plaza South
Galt Ocean Mile Condos

Welcome to our April / May 2018 post on Plaza South Galt Ocean Mile condos for sale Fort Lauderdale.

Fort Lauderdale condos for sale in Plaza South are set right on the beach here on Galt Ocean Mile.

The Plaza South complex has 336 condo units.

 

Search Plaza South Condos for Sale

 

Currently there 3 x Galt Ocean Mile condos for sale here in Plaza South – 2 of which are new listings

There have been 3 sales of condos here in the last 6 months – and 2 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 Plaza South – Important information for both buyers and sellers!

Plaza South
Galt Ocean Mile – Key Statistics
Plaza South Condo Association Fort Lauderdale, Florida
Address: 4280 Galt Ocean Dr, Fort Lauderdale, FL 33308

  • 1 Units for Sale @ $729,000
    – 3 Bedroom 3 Bathroom Unit

Median Sales Prices

  • Sales Price last 6 Months $487,500
     – 2 Bedroom 2 Bathroom Unit
  • Sales Price to Sq Foot Price $315.00
  • Sales to List Price 94%
  • Days on Market 50 Days
View Plaza South 4280 Galt Ocean Drive Fort Lauderdale Florida
View Plaza South 4280 Galt Ocean Drive Fort Lauderdale Florida

Plaza South
Condos for Sale

There are currently 3 x Plaza South Galt Ocean Mile “direct oceanfront” condo for sale this is up from just 1 x Plaza South condo for sale as in our last post for February / March 2018

Our market analysis report for these 3 x Galt Ocean Mile condos for sale is presented below:

BEDS / BATHS LA LP$
Min 2 / 2 1650 $599,000
Max 3 / 2 2600 $1,175,000
Avg 3 / 2 2216 $833,000
Median 3 / 2 2400 $725,000

We can see from our report that the average price for a Galt Ocean Mile condo for sale here in Plaza South is $833,000 – this being for a 3 bedroom 2 bathroom 2216 square foot unit.

We can also see from our report that the median price for a Galt Ocean Mile condo for sale here in Plaza South is $725,000 – this being for a 3 bedroom 2 bathroom 2400 square foot unit.

View Galt Ocean Mile condo just listed for sale Plaza South - Unit 20A
View Galt Ocean Mile condo just listed for sale Plaza South – Unit 20A

Plaza South
New Listings

There have been 2 new listings of Plaza South Galt Ocean Mile condos for sale over the last 30 days– this is up from no new listings as in our last post!

Our market summary report for these 2 new listings is presented below

BEDS / BATHS LA LP$
Unit 20A 3 / 2 2400 $1,175,000
Unit 7K 2 / 2 1650 $599,000

We can see from this report that:

Unit 20A a 3 bedroom Plaza South condo has just been listed for sale for $1,175,000this being for a 3 bedroom 2 bathroom 2400 square foot unit with a list price to square foot price of $490.00

Unit 20 A is a exceptionally unique and beautifully appointed Galt Ocean Mile “direct oceanfront” condo.

Every aspect of this sophisticated corner unit was designed to revel in abundant light & spectacular views.   The unit is detached on 3 sides and features: impact windows, an open floor plan, a wrap around balcony and a bonus 2nd balcony.   The unit has two master suites!

Unit 7K a 2 bedroom Plaza South condo has just been listed for sale for $599,000this being for a 2 bedroom 2 bathroom 1650 square foot unit with a list price to square foot price of $363.00

Unit 7K offers gorgeous views of the ocean and pool area. 

This Galt Ocean Mile condo is a decorator furnished condo – and is beautifully appointed with floor to ceiling windows.   The kitchen has breakfast area with ocean views from all windows.   The unit features renovated bathrooms.


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

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View Galt Ocean Mile New Listings

View Galt Ocean Mile condo pending sale Plaza South Unit 4L
View Galt Ocean Mile condo pending sale Plaza South Unit 4L

Plaza South Condos
Pending Sales

There are currently 2 x Plaza South Galt Ocean Mile condos pending sale!

Our market analysis report for these units is presented below

BEDS / BATHS LA LP$
Unit 4F 3 / 3 2600 $729,000
Unit 4L 2 / 2 1650 $529,000

We can see from this report that:

Unit 4F a 3 bedroom Plaza South condo offered for sale for $729,000 is now pending salethis 3 bedroom 2 bathroom 2600 square foot unit had a list price to square foot price of $280.00

This Galt Ocean Mile condo is a completely renovated ocean front corner unit!

The unit features over-sized bedrooms, a gourmet kitchen with granite counter top, marble floors and stunning bathrooms!

Unit 4L a 2 bedroom Plaza South condo offered for sale for $529,000 is now pending salethis 2 bedroom 2 bathroom 1650 square foot unit had a list price to square foot price of $321.00

This Galt Ocean Mile condo is a beautiful apartment with wonderful view of the courtyard, pool and ocean from the units ceiling to floor windows

The unit has a South East exposure which means sun all winter and no sun all summer.  The condo has many nice upgrades including open kitchen, upgraded master bathroom!

View Galt Ocean Mile condo recently sold Plaza South - Unit 6P
View Galt Ocean Mile condo recently sold Plaza South – Unit 6P

Plaza South Sales
Last 6 Months

There has been just 3 x Plaza South Galt Ocean Mile condos sold over the last 6 months!

There were 4 sales over the preceding 6 months as in our post for February / March 2018!

The market analysis report for these 3 units is presented below.

BEDS / BATHS LA SP$
Min 2 / 2 1650 $475,000
Max 3 / 2 2500 $1,100,000
Avg 2 / 2 2075 $700,000
Median 2 / 2 2075 $525,000

We can see from this report that the average price for a unit sold over the last 6 months has been $700,000 and the median has been $525,000

It is important to note that both the average and median sales prices are up from our last 2 posts!

In our last report for February / March 2018 the average price for a unit sold was $492,500 and the median has been $487,500

In our prior report for December 2017 / January 2018 the average price for a unit sold was $498,333 and the median has been $495,000

Both the average and median prices in this and our last report are based on 2 bedroom 2 bathroom units.

Pool views Plaza South Galt Ocean Mile condo Fort Lauderdale
Pool views Plaza South Galt Ocean Mile condo Fort Lauderdale

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for Fort Lauderdale Condos sold in Plaza South Galt Ocean Mile over the last 6 months

SP$/SqFt
Min $288.00
Max $440.00
Avg $349.00
Median $349.00

We can see from this report that the median sales price to square foot price paid for a Plaza South condo sold over the last 6 months has been $349.00 per square foot – this is up from $315,00 in our last post!

It is also important to note the highest sales price to square foot price paid at $331.00!

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Plaza South 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 100%
Avg 96%
Median 95%

We can see from this report that the median sales price to list price paid over the last 6 months has been 95%

This means if a Fort Lauderdale condo for sale here in Plaza South is listed at $500,000 – then based on median sales data the condo could be expected to sell for 95% of that amount or $475,000.

It is important to note that this is up from 94% in our last post, 93% in our prior post which in turn was up from 92% in our earlier post! 

Days on Market

Days on market for Plaza South Galt Ocean Mile condos is also 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 13
Max 93
Avg 48
Median 40

We can see from this report that median days on market for a Fort Lauderdale condo for Sale in Plaza South is 40 days – down from 50 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.

View Plaza South 4280 Galt Ocean Drive Fort Lauderdale
Aerial view Plaza South 4280 Galt Ocean Drive Fort Lauderdale – taken from Galt Mile

Plaza South
Condo Sales Itemized

Here is the data for each of the condos sold over the last 6 months here in Plaza South Galt Ocean Mile.

BEDS / BATHS LA SP$
Unit 6P 3 / 2 2500 $1,100,000
Unit 10N 2 / 2 1650 $525,000
Unit 16L 2 / 2 1650 $475,000

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 6P a 3 bedroom Galt Ocean Mile condo which sold for $1,100,000 – This 3 bedroom 2 bathroom 2500 unit had a sales price to square foot price of $440.00!

Unit 6P sold for 100% of list price and had just 13 days on market!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Plaza South Galt Ocean Mile is a great “direct oceanfront” complex set here on the beach at Galt Mile!

We have had a very low level of inventory for the last few posts!

So it is really great to see 3 units for sale and 2 units pending sale.

If your currently looking at Fort Lauderdale direct oceanfront condos for sale – I highly recommend viewing units in this great Galt Ocean Mile complex, 

I hope you have enjoyed reading my post on Plaza South and Plaza South condos for sale – by Kevin Wirth Realtor