Luxury on Galt Ocean Mile
Search Galt Ocean Mile Luxury Condos for Sale
Galt Ocean Mile / Zip 33308 here in Fort Lauderdale offers a great range of luxury oceanfront condos.
In 2017 there were 22 luxury Galt Ocean Mile condos sold here on Galt Ocean Drive / Zip 33308 – luxury “direct oceanfront” condos selling for $1 Million on more.
It is important to note that while median sales prices for Galt Ocean Mile condos have had an “up-and-down” ride since 2007.
Median square foot sales prices for Luxury Galt Ocean Mile condos sold have been on the rise since 2012!
Luxury Galt Ocean Mile Condos
Sales Prices 2006-2017
Here is our data for luxury Galt Ocean Mile condos / Zip 3008 direct oceanfront condos sold between 2006 – 2017.
You can see the “up-and-down” ride in median sales price since 2007 – in the chart above and data below:
| BEDS / BATHS | LA | SP$ | |
| 2017 | 3 / 3 | 2400 | $1,312,500 |
| 2016 | 3 / 2 | 2280 | $1,200,000 |
| 2015 | 3 / 2 | 2332 | $1,357,500 |
| 2014 | 3 / 3 | 2675 | $1,230,000 |
| 2013 | 3 / 3 | 2762 | $1,225,000 |
| 2012 | 3 / 3 | 2762 | $1,135,000 |
| 2011 | 3 / 3 | 2588 | $1,200,000 |
| 2010 | 3 / 3 | 2705 | $1,210,000 |
| 2009 | 3 / 3 | 2823 | $1,250,000 |
| 2008 | 3 / 3 | 2762 | $1,175,000 |
| 2007 | 3 / 3 | 2416 | $1,417,500 |
| 2006 | 3 / 3 | 2332 | $1,320,000 |
Luxury condo prices for Galt Ocean Mile units have risen and shown strong recovery since the lows of 2007 and 2008.
As we can see 2017 was a superb year for luxury Galt Ocean Mile condo sales – with a median sales price of $1,312,500.
Luxury Galt Ocean Mile Condos
Square Foot Prices 2006-2017
Here is our data for square foot sales prices for luxury Galt Ocean Mile condos / Zip 3008 direct oceanfront condos sold between 2006 – 2017.
You can see the “up-and-down” ride in median sales price since 2007 – in the chart above and data below:
| BEDS / BATHS | LA | SP$/SqFt | |
| 2017 | 3 / 3 | 2400 | $616.00 |
| 2016 | 3 / 2 | 2280 | $561.00 |
| 2015 | 3 / 2 | 2332 | $589.00 |
| 2014 | 3 / 3 | 2675 | $534.00 |
| 2013 | 3 / 3 | 2762 | $475.00 |
| 2012 | 3 / 3 | 2762 | $453.00 |
| 2011 | 3 / 3 | 2588 | $486.00 |
| 2010 | 3 / 3 | 2705 | $438.00 |
| 2009 | 3 / 3 | 2823 | $460.503 |
| 2008 | 3 / 3 | 2762 | $462.00 |
| 2007 | 3 / 3 | 2416 | $531.00 |
| 2006 | 3 / 3 | 2332 | $521.00 |
It is important to note that median square foot sales prices for Luxury Galt Ocean Mile condos sold have been on the rise since 2012!
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Luxury Galt Ocean Mile Condos
Market Analysis Report 2017
The market analysis report for Luxury Galt Ocean Mile Condos for 2017 is presented below.
| BEDS / BATHS | LA | SP$ | |
| Min | 2 / 2 | 1537 | $1,000,000 |
| Max | 5 / 4 | 4692 | $3,350,000 |
| Avg | 3 / 3 | 2612 | $1,531,270. |
| Median | 3 / 3 | 2400 | $1,312,500 |
We can see from this report the average price for a luxury Galt Ocean Mile condo sold in 2017 was $1,531,270 – this was for a 3 bedroom 2 bathroom unit of 2612 square feet.
We can also see from this report that the median price for a luxury Galt Ocean Mile condo sold in 2017 was $1,312,500 and that this was also for a 3 bedroom 2 bathroom unit – a slightly smaller unit at 2400 square feet.
We can also see from this report that the most expensive luxury unit sold in 2017 sold for $3,350,000
Read Our Last Post on Luxury Galt Ocean Mile Condos
Luxury Galt Ocean Mile Condos
Sales Prices by Bedroom
Our market analysis report for Luxury Galt Ocean Mile Condos for 2017 is presented below – this report show median sales prices by bedroom for all units sold!
| BEDS / BATHS | LA | SP$ | SP$/SqFt |
| 2 / 2 | 1998 | $1,172,700 | $601.00 |
| 3 / 3 | 2494 | $1,350,000 | $627.00 |
| 4 / 4 | 4083 | $2,275,000 | $610.00 |
| 5 / 4 | 4050 | $1,250,000 | $309.00 |
We can see from this report that the median sales price for:
2 Bedroom Luxury Galt Ocean Mile condos sold in 2017 was $1,172,700 – this being for a 2 bedroom 2 bathroom unit of 1998 with a sales price to square foot price of $601.00
3 Bedroom Luxury Galt Ocean Mile condos sold in 2017 was $1,350,000 – this being for a 3 bedroom 3 bathroom unit of 2494 with a sales price to square foot price of $627.00
4 Bedroom Luxury Galt Ocean Mile condos sold in 2017 was $2,275,000 – this being for a 4 bedroom 4 bathroom unit of 4083 with a sales price to square foot price of $610.00
5 Bedroom Luxury Galt Ocean Mile condos sold in 2017 was $1,250,000 – this being for a 5 bedroom 4 bathroom unit of 4050 with a sales price to square foot price of $309.00
Featured Luxury Sale
The Commodore Penthouse 1
Beds: 4 Baths: 4.5
List Price: $1,495,000
This Galt Ocean Mile condo is a luxurious one of a kind penthouse in the heart of Fort Lauderdale.
The Unit features 4 bedrooms each complete with en-suite bathrooms and offers 4,692 square feet under air with an additional 2,000 square feet of balcony.
The condo has been completely renovated and features: a gourmet kitchen complete with custom cabinets and stainless steel appliances.
There are Bamboo wood floors, 10 foot ceilings and impact glass throughout the unit.
This is the perfect home for entertaining,
Penthouse 1 sold for $1,200,000 on the 31st of January 2017
This unit sold for $256.00 per square foot, had 107 days on market and sold for 80% of its list price.
Galt Ocean Mile
Luxury Penthouses
In 2017 there were just 2 luxury penthouses sold here on Galt Ocean Mile – one in The Commodore (seen above) and the other in L’Hermitage!
The market analysis report for these units is presented below.
| BEDS / BATHS | LA | SP$ | |
| Min | 3 / 2 | 1977 | $1,200,000 |
| Max | 4 / 4 | 4692 | $1,300,000 |
| Median | 3 / 3 | 3334 | $1,250,000 |
We can see from this report that the median price for a luxury penthouse here on Galt Ocean Mile in 2017 was $1,250,000 – this being for a 3 bedroom 3 bathroom unit of between 3334 square feet with a sales price to square foot price of $457.00