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

Commodore Condos

The Commodore
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our September 2020 / October 2020 pricing guide for The Commodore Galt Ocean Mile condos for sale here in 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 11 condo units for sale – 1 of which is a new listing.

There have been 3 units sold in The Commodore sold over the last 6 months – and 3 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 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 $319,000 – $1,145,000
  • Median list price $899,000
    2 bedroom 2 bathroom unit

Median Sales Prices

  • Median Sales Price $315,000
    – 1 bedroom 1 bathroom unit
  • Sales Price to Sq Ft Price $299.00
  • Median Sales to List Price 99%
  • Days on Market 203 Days
Aerial view Galt Ocean Mile condominium The Commodore 3430 Galt Ocean Drive Fort Lauderdale for sale
Aerial view Galt Ocean Mile condominium The Commodore 3430 Galt Ocean Dr Ft Lauderdale

The Commodore
Galt Ocean Mile Condos

The following market report is for the 11 x Commodore Galt Ocean Mile condos for sale here in Fort Lauderdale – this is up slightly from our last post!

In our last post for July 2020 / August 2020 there were 10 x The Commodore condos for sale! 

Our market analysis report for these 11 condos for sale is presented below:

BEDS / BATHS LA LP$
Min 2 / 2 1,632 $319,000
Max 3 / 3 2,092 $1,145,000
Avg 2 / 2 1,825 $771,818
Median 2 / 2 1,827 $899,000

We can see from this market report that the average price for a direct oceanfront condo for sale here in The Commodore is $771,818 – this being for a 2 bedroom 2 bathroom 1825 square foot unit with a list price to square foot price of $453.00

In our last post the average price for a direct oceanfront condo for sale here in The Commodore was a little higher at $784,700 – this being for a 2 bedroom 2 bathroom 1720 square foot unit with a list price to square foot price of $442.00

We can also see that the median price for a Commodore condo for sale is $899,000 – this being for a 2 bedroom 2 bathroom 1827 square foot unit with a list price to square foot price of $492.00

In our last post the median price for one of The Commodore condos for sale was slightly higher at $904,500 – this being for a 2 bedroom 2 bathroom 1827 square foot unit with a list price to square foot price of $480.00

Note: The lowest priced unit for sale is offered for sale $319,000 – this being for a 1 bedroom 1 bathroom unit

The highest priced unit for sale is offered for sale $1,145,000 – this being for a 3 bedroom 3 bathroom unit

 

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

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
2 / 2 1,827 $745,000 $461.00
3 / 2 2,020 $1,122,000 $556.00

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

  • There are currently no 1 Bedroom condos for sale here in The Commodore In our last post the median list price for 1 Bedroom units for sale was $332,000 – this being for a 1 bedroom 1 bathroom unit of 1054 square feet with a list price to square foot price of $315.00
  • 2 Bedroom condos for sale in The Commodore for sale is $745,000 – this being for a 2 bedroom 2 bathroom unit of 1827 square feet with a list price to square foot price of $461.00 – In our last post the median for a 2 Bedroom units for sale was much higher at $904,500 – this being for a 2 bedroom 2 bathroom unit of 1827 square feet with a list price to square foot price of $480.00
  • 3 Bedroom condos for sale in The Commodore for sale is $1,122,000 – this being for a 3 bedroom 2 bathroom unit of 2020 square feet with a list price to square foot price of $556.00 – In our last post the median for 3 Bedroom condos for sale in The Commodore for sale was the same at $1,122,000 – this being for a 3 bedroom 2 bathroom unit of 2020 square feet with a list price to square foot price of $556.00

The Commodore
New Condo Listings

There has been 1 new listing of a The Commodore Galt Ocean Mile condo for sale in the last 30 days – In our last post for July / August there was also just 1 new listing – this being unit 106 a 2 bedroom 2 bathroom condo!

Our market analysis report for this new listing is presented below:

BEDS / BATHS LA LP$
Unit 302 2 / 2 1,635 $499,000

We can see from this report that Unit 302 a 2 bedroom condo in The Commodore has just been listed for sale for $499,000this 2 bedroom 2 bathroom 1635 square foot unit has a list price to square foot price of $305.00

Unit 302 is a tastefully renovated oceanfront condo!

This Galt Ocean Mile condo for sale features: an extra large storage unit, an underground garage parking spot, high impact windows & doors and a stand alone laundry room.


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 The Commodore 3430 Galt Ocean Drive Fort Lauderdale pending sale unit 904
View Galt Ocean Mile condo The Commodore 3430 Galt Ocean Drive pending sale #904

The Commodore
Pending Sales

There are currently 3 condos pending sale in The Commodore Galt Ocean Mile In our last post there was 1 condo pending sale – this being Unit 703 a 1 bedroom 1 bathroom unit.

Our market analysis report for these units is presented below:

BEDS / BATHS LA LP$
Unit 302 2 / 2 1,796 $500,000
Unit 310 1 / 1 1,115 $385,000
Unit 904 1 / 1 1,054 $315,000

We can see from this report that:

Unit 302 a 2 bedroom condo in The Commodore listed for sale for $302,000 is now pending salethis 2 bedroom 2 bathroom 1796 square foot unit has a list price to square foot price of $278.00

Unit 302 is a renovated SW corner condo with direct Oceanfront and Intracoastal views and an over-sized wrap-around balcony.

This Galt Ocean Mile condo is move-in ready and was decorated with great attention to detail. The unit features include hurricane impact windows and doors, tiled floors throughout, in-unit washer and dryer, custom build outs and a massive walk-in closet over sized master bedroom.

Unit 310 a 1 bedroom condo in The Commodore listed for sale for $385,000 is now pending salethis 1 bedroom 1 bathroom 1115 square foot unit has a list price to square foot price of $345.00

Unit 301 is a meticulously-upgraded direct South-East facing oceanfront condo with breathtaking ocean views throughout!

This Galt Ocean Mile condo is a turnkey apartment that has been professionally updated with attention to every detail including: impact windows and floor-to-ceiling doors, Artic-white porcelain tile flooring, an open kitchen with contemporary Wspresso cabinetry, white Quartz tops, glass tile backsplash and high-end stainless-steel appliances including a wine fridge.  The unit has Hunter Douglas blinds, a huge master bedroom and a designer-updated bathroom.

Unit 904 a 1 bedroom condo in The Commodore listed for sale for $315,000 is now pending salethis 1 bedroom 1 bathroom 1054 square foot unit has a list price to square foot price of $299.00

View 3 bedroom Galt Ocean Mile condo The Commodore 3430 Galt Ocean Drive Fort Lauderdale recently sold unit 1008
3 bedroom Galt Ocean Mile condo The Commodore 3430 Galt Ocean Dr recently sold #1008

The Commodore
Sales Last 6 Months

There have been just 3 x The Commodore Galt Ocean Mile condos sold over the last 6 months – down from our last post!

In our last post there had been 5 units sold over the preceding 6 months as in our last post for July 2020 / August 2020

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

BEDS / BATHS LA SP$
Min 1 / 1 1,054 $310,000
Max 3 / 2 1,619 $735,000
Avg 2 / 1 1,242 $453,333
Median 1 / 1 1,054 $315,000

We can see from this report that the average price for a Galt Ocean Mile condo sold here in The Commodore over the last 6 months has been $453,333 – this being for a 2 bedroom 1 bathroom unit!

We can also see from this report that the median price for a Galt Ocean Mile condo sold here in The Commodore over the last 6 months has been $315,000 – this also being for a 1 bedroom 1 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 $294.00
Max $454.00
Avg $349.00
Median $299.00

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 $299.00 per square foot – up from $367.00 as in our last post!

Note: the highest sales price to square foot price at $454.00!

% 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 94%
Max 104%
Avg 99%
Median 99%

We can see from this report that BOTH the average and median sales price to list price for Fort Lauderdale condo here in The Commodore  has been 99% – this is up from 97% as in our last post!

This means if a Fort Lauderdale condo for sale here in The Commodore is listed at $500,000 – then based on median sales data the condo could be expected to sell for 99% of that amount or $495,000.

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 28
Max 240
Avg 157
Median 203

We can see from this report that the median days on market for a Fort Lauderdale condo for Sale in The Commodore is 203 days

It is important to note that the median days at 203 is well up from just 28 days as in our last post for July 2020 / August 2020!

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

The Commodore
Condo Sales Itemized

Here is the data for the 3 condos sold over the last 6 months here in The Commodore Galt Ocean Mile

BEDS / BATHS LA SP$
Unit 1008 3 / 2 1,619 $735,000
Unit 710 1 / 1 1,054 $310,000
Unit 703 1 / 1 1,054 $315,000

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 1008 a 3 bedroom unit which sold for $735,000

This 3 bedroom 2 bathroom 1619 square foot condo had a sales price to square foot price of $454.00

Unit 1008 had just 28 days on market and sold for 98% 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.

Currently we have a really great choice of units for sale here in The Commodore with 11 units for sale – this being a mix of 2 and 3 bedroom units!

Corona Virus slowed sales activity here in Galt Ocean Mile over the last few months – however I am pleased to report that buyer activity is now picking up and that 3 units are 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