View Fountainhead condo for sale 3900 N Ocean Drive Lauderdale by the Sea

Fountainhead Condos

Fountainhead
Galt Ocean Mile Condos

Welcome to our October 2019 / November 2019 post on Fountainhead Galt Ocean Mile condos for sale here in Fort Lauderdale Florida.

Fountainhead is a luxury direct oceanfront condominium on the beachfront here at the end of the famous Galt Ocean Mile

 

Search All Fountainhead Condos for Sale

 

There are currently just 2 x Fountainhead Galt Ocean Mile condos for sale – both 2 bedroom units! 

Currently there is 1 unit pending sale and there have been 3 closed sales 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 Fountainhead – Important information for both buyers and sellers!

Fountainhead
Galt Ocean Mile Key Statistics
Fountainhead Condominium  
Address: 3900 N Ocean Dr, Fort Lauderdale, FL 33308

  • Prices from $639,000 – $749,000
  • Median List Price $694,000
     – for a 2 bedroom 2 bathroom unit

Median Sales Prices

  • Median Sales Price $565,000
    – for a 2 bedroom 2 bathroom unit
  • Sales Price to Sq Ft Price $260.00
  • Sales Price to List Price 96%
  • Days on Market 211 Days
View Fountainhead condominium 3900 N Ocean Drive Lauderdale by the Sea
View Fountainhead condominium Galt Ocean Mile 3900 N Ocean Drive Lauderdale by the Sea

Fountainhead Condos for Sale
Market Report

There are currently just 2 x Fountainhead Galt Ocean Mile condos for sale this is down from 3 x Fountainhead Condos for Sale as in our last post for March 2019 / April 2019

Our market analysis report for these 2 x Galt Ocean Mile condos currently for sale is presented below:

BEDS / BATHS LA LP$
Min 2 / 2 1,840 $639,000
Max 2 / 2 2,000 $749,000
Avg 2 / 2 1,920 $694,000
Median 2 / 2 1,920 $694,000

We can see from this report that the median price for a Fountainhead condo for sale is $694,000 this being for a 2 bedroom 2 bathroom unit of 1800 square feet – up from our last post!

In our last post for March 2019 / April 2019 the median price for a luxury condo was median price for a Fountainhead condo for sale was $619,000 – this being for a 2 bedroom 2 bathroom unit of 1800 square feet


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

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

View Fountainhead condo just listed for sale 3900 N Ocean Drive Lauderdale by the Sea
Fountainhead condo just listed for sale 3900 N Ocean Drive Lauderdale by the Sea – Unit 10C

Fountainhead Condos for Sale
Prices by Bedroom

Here is our market summary report showing median prices for Fountainhead Galt Ocean Mile condos for sale by bedroom.

BEDS / BATHS LA LP$ LP$/SqFt
2 / 2 1,920 $694,000 $363.00

We can from this report that median prices for :

  • There are currently no 1 bedroom Fountainhead condos for sale In our last post the median for 1 bedroom Fountainhead condos for the sale was $400,000 – this being for a 1 bedroom 1 bathroom 1450 square foot unit with a list price to square foot price of $276.00
  • 2 bedroom Fountainhead condos for the sale is $694,000 this being for a 2 bedroom 2 bathroom 1920 square foot unit with a list price to square foot price of $363.00 – In our last post the median for 2 bedroom Fountainhead condos for the sale was much lower at $489,500 – this being for a 2 bedroom 1 bathroom 1660 square foot unit with a list price to square foot price of $290.00
  • There are currently no 3 bedroom Fountainhead condos for the sale  However in our last post the median for 3 bedroom condos was $639,000 – this being for a 3 bedroom 3 bathroom 2210 square foot unit with a list price to square foot price of $289.00

Fountainhead Condos
New Listings

There have been 1 new listing of a luxury Fountainhead Galt Ocean Mile condos for sale over the last 30 days

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

BEDS / BATHS LA LP$
Unit 10C 2 / 2 2,000 $639,000

We can see from this report that Unit 10C a 2 bedroom Fountainhead condo has just been listed for sale for $639,000this being a 2 bedroom 2 bathroom unit of 2000 square feet with a list price to square foot price of $320.00

Unit 10C is a beautifully remodeled luxury Galt Ocean Mile condo with breathtaking direct ocean and lighthouse views that go on forever.

The unit has water views from every room!

Unit 10C features a custom kitchen with all-top-of- line appliances. 

View Fountainhead condo pending sale 3900 N Ocean Drive Lauderdale by the Sea - Unit 10D
View Fountainhead condo pending sale 3900 N Ocean Drive Lauderdale by the Sea – Unit 10D

Fountainhead Condos
Pending Sales

There is currently 1 x Fountainhead condo under contract and  pending sale here on Galt Ocean Mile

Our Market Analysis report for this unit is presented below:

BEDS / BATHS LA LP$
Unit 10D 2 / 2 1,840 $679,000

We can see from this report that Unit 10D a 2 bedroom Fountainhead condo listed for sale for $679,000 is now pending sale – this being a 2 bedroom 2 bathroom unit of 1840 square feet has a list price to square foot price of $369.00

Unit 10D is a stunning, direct ocean North East corner unit.

The views from this unit go all the way to the Lighthouse!

Unit 10D has approximately 2,000 sq ft under air with Water views from every room.   This Galt Ocean Mile condo is a remodeled unit!

View Fountainhead condo just sold 3900 N Ocean Drive Lauderdale by the Sea - Unit 9B
View Fountainhead condo just sold 3900 N Ocean Drive Lauderdale by the Sea – Unit 9B

Fountainhead Condo Sales
Last 6 Months

There has been 3 sales of Fountainhead Galt Ocean Mile condos over the last 6 Months –this is down from 5 sales as in our last post! 

Our market analysis report for these 3 units is presented below.

BEDS / BATHS LA SP$
Min 2 / 1 1,450 $315,000
Max 3 / 3 2,210 $575,000
Avg 2 / 2 1,843 $485,000
Median 2 / 2 1,870 $565,000

We can see from this report that the average sales price for Galt Ocean Mile condos sold here in Fountainhead over the last 6 months has been $485,000 – this being for a 2 bedroom 2 bathroom unit of 1843 square feet.

We can also see that the median sales price for condos sold here in Fountainhead over the last 6 months has been $565,000 – this being for a 2 bedroom 2 bathroom unit of 1870 square feet 

In our last post the median sales price for condos sold here in Fountainhead over the last 6 months was $550,000 – this being for a 2 bedroom 2 bathroom unit of 1800 square feet 

Fountainhead condominium 3900 N Ocean Drive Fort Lauderdale
Aerial view Fountainhead condominium 3900 N Ocean Drive Fort Lauderdale

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for ALL Fort Lauderdale Oceanfront Condos sold in Fountainhead over the last 6 months.

SP$/SqFt
Min $217.00
Max $302.00
Avg $260.00
Median $260.00

We can see from this report that the median sales price to square foot price has been $260.00 per square foot – well down from $284.00 in our last post and $294.00 as in our prior post!

It is important to note the highest square foot price paid at $302.00!

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Fountainhead 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 96%
Avg 95%
Median 96%

We can see from this report that the median sales price to list price for Fort Lauderdale condo here in Fountainhead has been 96%  

It is important to note that this is up from 93% in our last post and 92% in our prior post!

This means if a Fort Lauderdale condo for sale here in Fountainhead is listed at $550,000 – then based on median sales data the condo could be expected to sell for 96% of that amount or $528,000 – based on median MLS data!

Days on Market

Days on market for Fountainhead Galt Ocean Mile condos for sale is an important indicator on how strong demand is for Fort Lauderdale oceanfront 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 163
Max 248
Avg 207
Median 211

We can see from this report that the average days on market is 207 days – or just under 7 months.

We can also see that the median days on market is 211 days – or just over 7 months

It is important to note that the median days on market is well up from 105 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.

Fountainhead
Condo Sales Itemized

Here is the data for each of the 3 x Fountainhead Galt Ocean Mile condos sold over the last 6 months here in Fountainhead.

BEDS / BATHS LA SP$
Unit 14H 3 / 3 2,210 $575,000
Unit 9B 2 / 2 1,870 $565,000
Unit 11G 2 / 1 1,450 $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 14H a 3 bedroom condo which sold for $575,000.

This 3 bedroom 3 bathroom 2,210 square foot unit has a sales price to square foot price of $260.00

This Galt Ocean Mile condo sold for 96% of list price and had 163 days on market or just under 6 months!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fountainhead Galt Ocean Mile condos are unit set in a great direct oceanfront complex here on Galt Mile in Fort Lauderdale.

Currently we have just 2 oceanfront condos for sale – 1 a new listing!

I am pleased to report that sales have been strong despite such a “tight” inventory – with 1 unit pending sale and 3 units sold over the last 6 months!

I hope you have enjoyed my Post on Fountainhead Condos Fort Lauderdale for Sale

Kevin Wirth Fort Lauderdale Realtor