View Galt Ocean Mile condo for sale The Commodore 3430 Galt Ocean Drive Fort Lauderdale

Commodore Condos

The Commodore
Galt Ocean Mile Condos

Welcome to our March 2019 / April 2019 post on The Commodore Galt Ocean Mile condos for sale Fort Lauderdale.

Fort Lauderdale condos for sale here in The Commodore offer direct oceanfront units set right on the beach here on the famous Galt Ocean Mile.

 

Search Commodore Condos for Sale

 

There are currently 6 condo units for sale with 2 of these being new listings.

There have been 2 units sold in The Commodore sold over the last 6 months with 1 unit 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 Commodore – Important information for both buyers and sellers!

The Commodore
Galt Ocean Mile – Key Statistics
Commodore Condominium Fort Lauderdale, Florida
Address: 3430 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • Prices from $369,000 – $1,100,000
  • Median list price $584,950
    2 bedroom 2 bathroom unit

Median Sales Prices

  • Median Sales Price $481,250
    – 2 bedroom 2 bathroom unit
  • Sales Price to Sq Ft Price $284.00
  • Median Sales to List Price 95%
  • Days on Market 169 Days
View Galt Ocean Mile condominium The Commodore 3430 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condominium The Commodore 3430 Galt Ocean Drive Fort Lauderdale

The Commodore
Galt Ocean Mile Condos

The following market report is for the 6 x Commodore Galt Ocean Mile condos for sale here in Fort Lauderdale – up slightly from our last post!

There were 5 condos for sale as in our last post on The Commodore Fort Lauderdale for December 2018 / January 2019

Our market analysis report for these 6 condos for sale is presented below:

BEDS/ BATHS LA LP$
Min 1 / 1 1,112 $369,000
Max 3 / 2 2,092 $1,074,995
Avg 2 / 2 1,703 $665,633
Median 2 / 2 1,646 $584,950

We can see from this market report that the average price for a direct oceanfront condo for sale here in The Commodore is $665,633 – this being for a 2 bedroom 2 bathroom 1703 square foot unit with a list price to square foot price of $378.00

We can also see that the median price for a Commodore condo for sale is $584,950 – this being for a 2 bedroom 2 bathroom 1646 square foot unit with a list price to square foot price of $358.00 – up from our last post!

In our last post for December 2018 / January 2019 the median price for a Commodore condo for sale was much lower at $469,000 – this being for a 2 bedroom 2 bathroom 1632 square foot unit with a list price to square foot price of $322.00

Note: The lowest priced unit for sale is offered for sale $369,000 – this being for a 1 bedroom 1 bathroom unit of 1,12 square feet!

The highest priced unit for sale is offered for sale $1,074,995 – this being for a 3 bedroom 2 bathroom unit of 2,092 square feet!

View 2 bedroom Galt Ocean Mile condo for sale The Commodore 3430 Galt Ocean Drive Fort Lauderdale
View 2 bedroom Galt Ocean Mile condo for sale The Commodore 3430 Galt Ocean Drive

The Commodore
Condos Pricing Guide

Here are the median prices for The Commodore Galt Ocean Mile condos for sale here on Galt Ocean Mile in Fort Lauderdale.

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1,112 $369,000 $332.00
2 / 2 1,646 $584,950 $358.00
3 / 2 2,092 $1,074,995 $514.00

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

  • 1 Bedroom condos for sale in The Commodore for sale is $369,000this being for a 1 bedroom 1 bathroom unit of 1112 square feet with a list price to square foot price of $332.00 – In our last post the median for 1 Bedroom units for sale was lower at $359,000 – this being for a 1 bedroom 1 bathroom unit of 1115 square feet with a list price to square foot price of $322.00
  • 2 Bedroom condos for sale in The Commodore for sale is $584,950 – this being for a 2 bedroom 2 bathroom unit of 1646 square feet with a list price to square foot price of $358.00 – In our last post the median for a 2 Bedroom units for sale was much lower at $469,000 – this being for a 2 bedroom 2 bathroom unit of 1632 square feet with a list price to square foot price of $290.00
  • 3 Bedroom condos for sale in The Commodore for sale is $1,074,995 – this being for a 3 bedroom 2 bathroom unit of 2092 square feet with a list price to square foot price of $514.00 – In our last post the median for 3 Bedroom condos for sale in The Commodore for sale was higher at at $1,100,000 – this being for a 3 bedroom 2 bathroom unit of 2092 square feet with a list price to square foot price of $526.00
View Galt Ocean Mile condo for sale The Commodore 3430 Galt Ocean Drive Fort Lauderdale - Unit 302
View Galt Ocean Mile condo for sale The Commodore 3430 Galt Ocean Drive  – Unit 302

The Commodore
New Condo Listings

There have been 2 new listings of The Commodore Galt Ocean Mile condos for sale in the last 30 days – In our last post there were no new listings.

Our market analysis report for these new listings in presented below

CONDO BEDS / BATHS LA LP$
Unit 302 2 / 2 1,635 $620,000
Unit 412 2 / 2 1,657 $399,900

We can see from this report that:

The Commodore Unit 302 has just been listed for sale for $620,000this 2 bedroom 2 bathroom 1635 square foot unit has a list price to square foot price of $379.00

Unit 302 is totally upgraded to the highest standard using only the best materials.

This Galt Ocean Mile condo for sale features: a neutral marble floor throughout compliments the beautiful gourmet kitchen hand made cabinets, granite and Stainless Steel appliances.

The Commodore Unit 412 has just been listed for sale for $399,900this 2 bedroom 2 bathroom 1657 square foot unit has a list price to square foot price of $241.00

Unit 412 is a very large and spacious split bedroom bathroom unit with large living space in between. 

This Galt Ocean Mile condo for sale features: floor to ceiling windows allow natural light for nice bright apartment and a large glass balcony to enjoy beautiful sunset views 


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

Pool views Galt Ocean Mile condo The Commodore 3430 Galt Ocean Drive Fort Lauderdale
Pool views Galt Ocean Mile condo The Commodore 3430 Galt Ocean Drive Fort Lauderdale

The Commodore
Pending Sales

There is currently 1 condo pending sale in The Commodore Galt Ocean Mile  – In our last post there were no condos pending sale here at The Commodore! 

Our market analysis report for this condo is presented below:

CONDO BEDS / BATHS LA LP$
Unit 1408 2 / 2 1,619 $459,000

We can see from this report The Commodore Unit 1408  listed for sale for $459,000 is now pending salethis 2 bedroom 2 bathroom 1635 square foot unit has a list price to square foot price of $379.00

Unit 1408 offers impressive South East views of the ocean from all rooms. There are beautiful views of the ocean, the Intracoastal and the city from the glass spacious balcony. 

This Galt Ocean Mile condo will have new impact windows installed by the end of the 2018. The unit is one of the lowest priced, ocean front units in Broward county. 

View Galt Ocean Mile condo 3430 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condo recently sold The Galleon 3430 Galt Ocean Drive Fort Lauderdale

The Commodore
Sales Last 6 Months

There have been just 2 x The Commodore Galt Ocean Mile condos sold over the last 6 months – This is the same as in our last post!

The market analysis report for these 2 sales is presented below.

BEDS / BATHS LA SP$
Min 2 / 2 1,619 $437,500
Max 2 / 2 1,766 $525,000
Avg 2 / 2 1,693 $481,250
Median 2 / 2 1,692 $481,250

We can see from this report that BOTH the average and median price for a Fort Lauderdale condo sold here in The Commodore over the last 6 months has been$481,250 – this being for a 2 bedroom 2 bathroom unit!

In our last post BOTH the average and median price for a condo sold here in The Commodore over the preceding 6 months was $404,000 – this being for a 2 bedroom 2 bathroom unit!

Square Foot Prices
Condos Sold
Here is our market summary report showing square foot prices paid for Fort Lauderdale Condos sold in The Commodore over the last 6 months.

SP$/SqFt
Min $270.00
Max $297.00
Avg $284.00
Median $284.00

We can see from this report that the median sales price to square foot price paid for one of The Commodore Galt Ocean Mile condos sold over the last 6 months has been $284.00 per square foot

It is important to note that this is up from $279.00 in our last post and $260.00 as in our prior post! 

Note: the highest sales price to square foot price was $297.00!

% Sales to List Price

An important real estate indicator is how much  buyers are paying for The Commodore 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 95%
Max 96%
Avg 95%
Median 95%

We can see from this report that the median sales price to list price for Fort Lauderdale condo here in The Commodore  has been 95% – – up from 91% in our last post

This means if a Fort Lauderdale condo for sale here in The Commodore 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.

Days on Market

Days on market for The Commodore Galt Ocean Mile condos 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 4
Max 335
Avg 170
Median 169

We can see from this report that the median days on market for a Fort Lauderdale condo for Sale in The Commodore is 169 days.

It is important to note that this is well down from the median of 229 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 The Commodore 3430 Galt Ocean Drive Fort Lauderdale condo recently sold - Unit 804
View The Commodore 3430 Galt Ocean Drive Fort Lauderdale condo recently sold – Unit 804

The Commodore
Condo Sales Itemized

Here is the data for the 2 condos sold over the last 6 months here in The Commodore Galt Ocean Mile

CONDO BEDS / BATHS LA SP$
Unit 1401 2 / 2 1,766 $525,000
Unit 804 1 / 1 1,088 $283,000

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 1401 a 2 bedroom unit which sold for $525,000

This 2 bedroom 2 bathroom 1766 square foot condo had a sales price to square foot price of $334.00

Unit 1401 had 335 days on market and sold for 96% of its list price.

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

The Commodore Galt Ocean Mile condos are unit in a great building here in Fort Lauderdale – set right on the beach at Galt Mile.

We currently have some great units for sale here in The Commodore – with 6 condos for sale – a mix of 1, 2 and 3 bedroom units for sale!

Sales activity has been is slowly starting to pick up with 1 unit now pending sale.

I would highly recommend looking a Commodore condos for sale if your looking for oceanfront condos here on The Galt and/or in Fort Lauderdale – the units are spacious and the complex is direct oceanfront and well run!

I hope you have enjoyed this post on Fort Lauderdale condos for sale here in the Commodore

By Kevin Wirth Realtor