View The Galleon 4100 Galt Ocean Drive Fort Lauderdale condo for sale

The Galleon Condos

The Galleon
Galt Ocean Mile Condos

Welcome to our August 2018 / September 2018 post on The Galleon Galt Ocean Mile Condos for Sale Fort Lauderdale.

Fort Lauderdale condos for sale here in The Galleon are highly sought afteras these direct oceanfront units are set right on the beach here on Galt Ocean Mile.

 

Search The Galleon Condos for Sale

 

At the time of writing this Blog there are 10 condos for sale here at The Galleon on Galt Ocean Mile – 3 of which are new listings!

There is currently 1 unit pending sale and we have had 5 units sold 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 The Galleon – Important information for both buyers and sellers!

The Galleon
Galt Ocean Mile – Key Statistics
Galleon Condominium Apartments Inc Fort Lauderdale, Florida
Address: 4100 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • Prices from $360,000 – $1,099,990
  • Median List Price $659,000
     – 2 Bedroom 2 Bathroom Unit

Median Sales Prices

  • Sales Price last 6 Months $299,000
    – 1 Bedroom 1 Bathroom Unit
  • Sales Price to Square Foot Price $244.00
  • Median Sales to List Price 94%
  • Days on Market 21 Days
Aerial view of The Galleon Condominium 4100 Galt Ocean Drive Galt Ocean Mile Fort Lauderdale
Aerial view of The Galleon Condominium 4100 Galt Ocean Drive on Galt Ocean Mile!

The Galleon
Condos for Sale

There are currently 10 x The Galleon Galt Ocean Mile condos for sale here in Fort Lauderdale Florida.

Note the number of condos for sale is up from 7 condos for sale as in our last post on The Galleon Condos for sale for June / July 2018 

Our market analysis for these 10 x Galt Ocean Mile oceanfront condos for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 1280 $360,000
Max 3 / 2 2740 $1,099,990
Avg 2 / 2 1870 $646,989
Median 2 / 2 1895 $659,000

We can see from this report that the median price for a Fort Lauderdale condo for sale here in The Galleon is $659,000 – this being for a 2 bedroom 2 bathroom unit of 1895 square feet.

In our last post for April / May 2018 the median price for a condo for sale here in The Galleon was $529,900 – this being for a 2 bedroom 2 bathroom unit of 1505 square feet.

In our last post for April / May 2018 the median price for a condo for sale here in The Galleon was $659,900 – this being for a larger 2 bedroom 2 bathroom unit of 2000 square feet.

We can also see from this report the range of prices for Galleon condos for sale – which start at $360,000 for a 1 bedroom unit and go up-to $1,099,990 for a luxury 3 bedroom unit.

Square Foot Prices
Condos for Sale

Here is our market summary report showing square foot prices for Fort Lauderdale Condos here in The Galleon Galt Ocean Mile.

LP$/SqFt
Min $229.00
Max $401.00
Avg $330.00
Median $343.00

We can see from this report that the average price per square foot for a unit here in The Galleon is $330.00 – per square foot.

We can also see from this report that median list price to square foot price for a Galt Ocean MIle condo for sale here in The Galleon is $343.00 – well up from our last post!

It is important to note that the median price this month is down up from $302.00 in our last post!

Also note the highest square foot price for a Galleon oceanfront condo for sale at $401.00 per square foot!

View The Galleon 4100 Galt Ocean Drive Fort Lauderdale
View of the “Iconic” The Galleon condominium on 4100 Galt Ocean Drive in Fort Lauderdale

The Galleon
Prices by Bedroom

Here is our market summary report showing median price for The Galleon Galt Ocean Mile condos for sale by bedroom.

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1325 $394,500 $297.00
2 / 2 1895 $669,500 $348.00
3 / 2 2610 $834,495 $315.00

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

  • 1 Bedroom condos for sale in The Galleon is $394,500 – this being for a 1 bedroom 1 bathroom unit of 1325 square feet with a list price to square foot price of $297.00
  • 2 Bedroom condos for sale in The Galleon is $669,500 – this being for a 2 bedroom 2 bathroom unit of 1895 square feet with a list price to square foot price of $348.00
  • 3 Bedroom condos for sale in The Galleon is $834,495 – this being for a 3 bedroom 2 bathroom unit of 2610 square feet with a list price to square foot price of $315.00
View The Galleon 4100 Galt Ocean Drive Fort Lauderdale condo just listed for sale - Unit 208
View The Galleon 4100 Galt Ocean Drive Fort Lauderdale condo just listed for sale – Unit 208

The Galleon Condos
New Listings

There has been 3 new listings of Galleon Galt Ocean Mile condos for sale over the last 30 days – all 2 bedroom units!

In our last post there was just 1 new listing of a Galleon condo for sale – this being Unit 1005 also as 2 bedroom unit!

Our market analysis report for these 3 x new listings is presented below.

CONDO BEDS / BATHS LA LP$
Unit 208 2 / 2 1940 $699,900
Unit 807 2 / 2 1770 $670,000
Unit 1611 2 / 2 1390 $475,000

We can see that:

 The Galleon unit 208 a 2 bedroom condo has just been listed for sale $699,900this 2 bedroom 2 bathroom 1940 square foot unit has a list price to square foot price of $361.00

Unit 208 is a gorgeous condo that has been “fabulously” and totally remodeled

This Galt Ocean Mile condo for sale has “awesome” views of the ocean!

The Galleon unit 807 a 2 bedroom condo has just been listed for sale $670,000this 2 bedroom 2 bathroom 1770 square foot unit has a list price to square foot price of $379.00

Unit 807 is an updated condo and features: wood floors, an open kitchen, granite counter-

This Galt Ocean Mile condo has a beautiful view of the ocean and pool!

The Galleon unit 1611 a 2 bedroom condo has just been listed for sale $475,000this 2 bedroom 2 bathroom 1390 square foot unit has a list price to square foot price of $342.00

Unit 1611 is a two bedroom condo where one bedroom is a convertible with a retractable divider, 

This Galt Ocean Mile condo offers spectacular views of the ocean and features an over-sized balcony to relax and entertain on!

View Galt Ocean Mile condo pending sale - The Galleon Unit 1105
View Galt Ocean Mile condo pending sale – The Galleon Unit 1105

The Galleon Condos
Pending Sales

There is currently just 1 x The Galleon Galt Ocean Mile condo that is under contract and is pending sale

There was also just 1 condo pending sale in each of our last 2 posts!

The market analysis report for this condo is presented below:

CONDO BEDS / BATHS LA LP$
Unit 1105 2 / 2 1500 $409,000

We can see from this report that The Galleon condo unit 1105 offered for sale for $409,000 is now pending salethis 2 bedroom 2 bathroom 1500 square foot unit has a list price to square foot price of $273.00.  


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

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

View Galt Ocean Mile condo recently sold The Galleon Unit 1504
View Galt Ocean Mile condo recently sold The Galleon Fort Lauderdale – Unit 1504

The Galleon Condos
Recent Sales – Last 6 Months

There have been 5 x The Galleon Galt Ocean Mile condos sold over the last 6 months – down from our last post!

There were 7 condos sold over the preceding 6 months as in our last post on The Galleon condos for June / July 2018. 

The market analysis report for these 5 x direct oceanfront units is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 1150 $285,000
Max 2 / 2 1886 $448,000
Avg 1 / 1 1381 $346,200
Median 1 / 1 1320 $299,000

We can see from this report that the median price for a Galt Ocean Mile condo sold here in Galleon has been $299,000 – this being for a 1 bedroom 1 bathroom unit!

This is up from our last post for June / July 2018 when the median  price for a Galt Ocean Mile condo sold here in The Galleon was $409,000 – this being for a 2 bedroom 2 bathroom unit!

Pool views The Galleon condominium Galt Ocean Mile Fort Lauderdale
Lovely pool views at The Galleon condominium on Galt Ocean Mile in Fort Lauderdale

The Galleon
Sale Prices by Bedroom

Here is our market summary report showing median sales price for The Galleon Galt Ocean Mile condos sold over the last 6 months by bedroom!

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 1255 $294,500 $246.00
2 / 2 1886 $448,000 $238.00

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

  • 1 Bedroom condos sold in The Galleon is $294,500 – this being for a 1 bedroom 1 bathroom unit of 1255 square feet with a list price to square foot price of $246.00.  In our last post the median price for 1 Bedroom condos sold in The Galleon was higher at $329,500 – this being for a 1 bedroom 1 bathroom unit of 1340 square feet with a list price to square foot price of $256.00
  • 2 Bedroom condos sold in The Galleon is $448,000 – this being for a 2 bedroom 2 bathroom unit of 1886 square feet with a list price to square foot price of $238.00 – In our last post the median was higher at $512,000 – this being for a 2 bedroom 2 bathroom unit of 1950 square feet with a list price to square foot price of $256.00
  • There were no 3 Bedroom condos sold in The Galleon over the last 6 months However in the last post when a 3 bedroom unit was sold – the median price for 3 Bedroom condos sold was $928,000 – this being from a 3 bedroom 2 bathroom 2900 square foot unit with a sales price to square foot price of $320.00

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 The Galleon over the last 6 months.

SP$/SqFt
Min $227.00
Max $301.00
Avg $251.00
Median $244.00

We can see from this report that the median sales price to square foot price paid for a The Galleon condo sold over the last 6 months has been $244.00 per square foot

It is important to note that this is down from $256.00 in our last post which in turn was down from $265.00 in our prior post which in turn was down from $275.00 in our earlier post!

Also important to note is the highest square foot price paid at $301.00! 

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for The Galleon 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 89%
Max 99%
Avg 94%
Median 94%

We can see from this report that the median sales price to list price for Galt Ocean Mile condos sold here in The Galleon  over the last 6 months has been 94% – this is up from 93$ same as in our last 2 posts!

A sales price to list price of 94% means of a condo was listed for sale for $500,000 then based on MLS data it could be expected to sell for 94% of the list price or $470,000!

Days on Market

Days on market for The Galleon 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 3
Max 482
Avg 125
Median 21

We can see from this report that the median days on market for a Fort Lauderdale condo for Sale in The Galleon is just 21 days – the same as in our last 2 posts!

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

The Galleon Condos
Units Sold – Last 6 Months

Here is our market analysis report showing the details for each of The Galleon Galt Ocean Mile condos sold over the last 6 months

CONDO BEDS / BATHS LA SP$
Unit 1206 2 / 2 1886 $448,000
Unit 403 1 / 1 1360 $409,000
Unit 904 1 / 1 1320 $299,000
Unit 309 1 / 1 1190 $290,000
Unit 1504 1 / 1 1150 $285,000

We can see from this report that the most expensive unit sold here in The Galleon over the last 6 months (Unit 1206) sold for $448,000

This 2 bedroom 2 bathroom 1886 square foot unit had a sales price to square foot price of $238.00

Unit 1206 had 482 days on market and sold for 99% of list price!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

Mt Thoughts / Summary

The Galleon Galt Ocean Mile condos are units in a great well run condominium – with very spacious units offering superb views and amenities.

Currently we have a great range of condos for sale (10 units in total) – many of these with great views and spacious floor plans

It is also really nice to have a mix of 1, 2 and 3 bedroom units on offer!

Sales also have started to slow as we move into Summer with 5 units sold over the last 6 months and 1 unit pending sale!

I hope you have enjoyed reading my blog on Fort Lauderdale condos for sale here in The Galleon  – by Kevin Wirth Realtor