View from Royal Ambassador Galt Ocean Mile condos for sale - Unit 710

Royal Ambassador Condos

Royal Ambassador
Galt Ocean Mile Condos for Sale

Welcome to my February / March 2018 post on Royal Ambassador Galt Ocean Mile Condos for Sale Fort Lauderdale.

Fort Lauderdale condos for sale here in Royal Ambassador offer direct oceanfront units set right on the Galt Ocean Mile Beachfront.

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There are currently 4 x Royal Ambassador Galt Ocean Mile condos for sale – 2 of which are new listings!

There have been 4 sales of condos here over the last 6 months – all 1 bedroom units!

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 over the last 6 months!

We also compare recent sales trends in Royal Ambassador – Important information for both buyers and sellers!

Royal Ambassador
Galt Ocean Mile – Key Statistics
Royal Ambassador Address: 3700 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • Prices from $279,900 – $549,900

Median Prices

  • Sales Price last 6 Months $274,500
    – 1 Bedroom 1 Bathroom Unit
  • Median Sales Price to Sq Ft Price $324.00
    Median Sales to List Price 99%
  • Days on Market 83 Days
View Royal Ambassador condominium 3700 Galt Ocean Drive Fort Lauderdale - taken from Galt Ocean Mile Beach
View Royal Ambassador condominium 3700 Galt Ocean Drive Fort Lauderdale

Royal Ambassador
Condos for Sale

There are currently 4 Royal Ambassador Galt Ocean Mile condos for sale here in Fort Lauderdale Florida – this is up from the 2 x Royal Ambassador condos for sale as in our last post for December 2017 / January 2018

Here is the market report is for these 4 x Royal Ambassador condos for sale Fort Lauderdale

BEDS / BATHS LA LP$
Min 1 / 1 800 $279,900
Max 2 / 2 1250 $549,900
Avg 2 / 2 1077 $463,450
Median 2 / 2 1130 $512,000

We can see from this report that the median price for a unit is $512,000 – this being for a 1 bedroom 1 bathroom unit of 965 square feet – up from a median of $362,500 in our last post!

Royal Ambassador
Prices by Bedroom

Here are the median prices for Royal Ambassador Galt Ocean Mile condos for sale by unit / by bedroom – and a comparision to median prices for units for sale by bedroom based on our last post:

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 800 $279,900 $350.00
2 / 2 1130 $549,000 $439.00

We can see that the median price for:

  • 1 Bedroom Royal Ambassador condos for sale is $279,900 – this being for a 1 bedroom 1 bathroom unit of 800 square feet with a list price to square foot price of $350.00 – In our prior post the median price for 1 Bedroom Royal Ambassador condos for sale was over $29,000 lower at $250,000 – this being for a 1 bedroom 1 bathroom unit of 800 square feet with a list price to square foot price of $312.00
  • 2 Bedroom Royal Ambassador condos for sale is $549,000 – this being for a 2 bedroom 2 bathroom unit of 1130 square feet with a list price to square foot price of $439.00  – In our prior post the median price was $74,000 lower at $475,000 – this being for a 2 bedroom 2 bathroom unit of 1130 square feet with a list price to square foot price of $420.00

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?

Call Me Today!

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

kevinsellsmore@gmail.com

Click here to email me now

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View Galt Ocean Mile New Listings

 


View Royal Ambassador Galt Ocean Mile condo just listed for sale - Unit 710
View Royal Ambassador Galt Ocean Mile condo just listed for sale – Unit 710

Royal Ambassador
New Condo Listings

There have been 2 new listings of Royal Ambassador 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 Analysis report for these new listings is presented below:

CONDO BEDS / BATHS LA LP$
Unit 710 1 / 1 800 $279,900
Unit 1204 2 / 2 1130 $549,900

We can see from this report that:

Unit 710 a 1 bedroom Royal Ambassador condo has just been listed for sale for $279,900this 1 bedroom 1 bathroom 800 square foot unit has a list price to square foot price of $350.00

Unit 710 offers stunning ocean views from the balcony!

Unit 1204 a 2 bedroom Royal Ambassador condo has just been listed for sale for $549,900this 2 bedroom 2 bathroom 1130 square foot unit has a list price to square foot price of $487.00

Unit 1204 also offers stunning ocean views from the balcony!

Pool views Royal Ambassador Galt Ocean Mile Fort Lauderdale
Look at these great pool views here at Royal Ambassador Galt Ocean Mile – Fort Lauderdale FL!

Royal Ambassador
Pending Sales

There are currently no Royal Ambassador Galt Ocean Mile condos pending sale – In our last post there were 2 units pending sale unit 1703 and unit 1412 both of these were 1 bedroom condos

Royal Ambassador
Recent Sales – Last 6 Months

There have been 4 sales of Royal Ambassador Galt Ocean Mile condos over the last 6 months all 1 bedroom units!

In our last post there had been 5 sales of Royal Ambassador condos for sale as in our last post!

Our market analysis report for these 4 units sold is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 800 $229,000
Max 1 / 1 800 $300,000
Avg 1 / 1 800 $269,500
Median 1 / 1 800 $274,500

We can see from this report that the average sales price for a unit here in Royal Ambassador over the last 6 months has been $269,500 – this being for a 1 bedroom 1 bathroom unit of 800 square feet!

We can also see that the median sales price for a unit here in Royal Ambassador has been $274,500 – this being for a 1 bedroom 1 bathroom unit of 800 square feet!

In our last post the median sales price for a unit sold over the preceding 6 months in Royal Ambassador was lower at $252,000 – this being for a 1 bedroom 1 bathroom unit of 800 square feet!

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for Royal Ambassador condos sold over the last 6 months.

SP$/SqFt
Min $286.00
Max $375.00
Avg $324.00
Median $324.00

We can see from this report that BOTH the average and median sales price to square foot price paid for a Royal Ambassador condo sold over the last 6 months has been $324.00 per sq ft – well up from the median sales price to square foot price of $301.00 as in our last post!

It is also important to note is the highest price paid at $375.00!

% Sales to List Price

An important real estate indicator is how much  buyers are paying for Royal Ambassador 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 94%
Max 100%
Avg 98%
Median 99%

We can see from this report that median sales price to list price for Royal Ambassador Galt Ocean Mile condos over the last 6 months has been 99% – up from 97% in our last post!

This means if a Fort Lauderdale condo for sale here in Royal Ambassador is listed at $350,000 – then based on median sales data the condo could  be expected to sell for 99% of that amount or $346,500 based on MLS data.

Days on Market

Days on market for Galt Ocean Mile Condos for Sale in Royal Ambassador is an important indicator of demand for units in this complex.

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

DOM
Min 11
Max 274
Avg 113
Median 83

We can see from this report that the median days on market for a Fort Lauderdale condo for sale in Royal Ambassador is 83 days or just under 3 month!

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

View Royal Ambassador Galt Ocean Mile recently sold - Unit 1703
Stunning ocean views from a Royal Ambassador Galt Ocean Mile recently sold – Unit 1703

Royal Ambassador
Condo Sales Itemized

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

CONDO BEDS / BATHS LA SP$
Unit 304 1 / 1 800 $300,000
Unit 1612 1 / 1 800 $290,000
Unit 1703 1 / 1 800 $259,000
Unit 1412 1 / 1 800 $229,000

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 304 a 1 bedroom 1 bathroom condo which sold for $300,000!

Unit 304 sold for 94% of its list price and had 90 days or 3 months on market!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Royal Ambassador Galt Ocean Mile condos are popular direct oceanfront units here on the famous Galt Mile Beach – and this complex I really love!

We currently have a limited range of condos for sale….

Sales activity has slow over the last 6 months – again driven by the low level of inventory of condos for sale!

I hope you have enjoyed this post on Royal Ambassador Galt Ocean Mile Condos for Sale – by Kevin Wirth Realtor