View Galt Ocean Mile condo Fountainhead 3900 N Ocean Drive Fort Lauderdale for sale

Fountainhead Condos

Fountainhead
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our August 2020 / September 2020 pricing guide for Fountainhead Galt Ocean Mile Condos 3900 N Ocean Drive, Fort Lauderdale, Florida

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

 

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There is just 1 x Fountainhead Galt Ocean Mile condo for sale – a 3 bedroom 3 bathroom unit. 

There have been 7 closed sales over the last 12 months and 2 unit is 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 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

  • Priced at $775,000
     – for a 3 bedroom 3 bathroom unit

Median Sales Prices

  • Median Sales Price $625,000
    – for a 2 bedroom 2 bathroom unit
  • Sales Price to Sq Ft Price $321.00
  • Sales Price to List Price 93%
  • Days on Market 107 Days
View Galt Ocean Mile condominium Fountainhead 3900 N Ocean Drive Fort Lauderdale
View Galt Ocean Mile condominium Fountainhead 3900 N Ocean Drive Fort Lauderdale

Fountainhead Condos for Sale
Market Report

There is currently just 1 x Fountainhead Galt Ocean Mile condo for sale this is well down from the 4 x Fountainhead Condos for Sale as in our last post for June 2020 / July 2020

Our market analysis report for the 1 x Fountainhead Galt Ocean Mile condo currently for sale is presented below:

BEDS / BATHS LA LP$
Unit 4A 3 / 3 2,210 $775,000

We can see from this report that Unit 4A a 3 bedroom Fountainhead condo is currently listed for sale for $775,000 – this 3 bedroom 3 bathroom 2210 square foot unit has a list price to square foot price of $351.00.

Unit 4A is a direct ocean front condo and offers breath taking views! The kitchen, dining room and living room look at the ocean.

This Galt Ocean Mile condo is fully remodeled, with over 200k spent in updates.  Features include: high impact windows, updated bathrooms and a kitchen with granite counter tops, wood cabinets and Stainless appliances.  The unit has a new washer / dryer and new A/C units.


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

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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
3 / 3 2,210 $775,000 $351.00

We can from this report that median prices for :

  • There are currently no 1 bedroom Fountainhead condos for the sale – In our last post the median price for 1 bedroom condos was $345,000 – this being for a 1 bedroom 1 bathroom 1450 square foot unit with a list price to square foot price of $228.00
  • There are currenlty no 2 bedroom Fountainhead condos for the sale In our last post the median for 2 bedroom Fountainhead condos for the sale was $534,394 – this being for a 2 bedroom 2 bathroom 1865 square foot unit with a list price to square foot price of $284.00
  • 3 bedroom Fountainhead condos for the sale is $775,000this being for a 3 bedroom 3 bathroom 2210 square foot unit with a list price to square foot price of $351.00 In our last post the median for 3 bedroom Fountainhead condos for the sale was the same at $775,000– this being for a 3 bedroom 3 bathroom 2210 square foot unit with a list price to square foot price of $351.00

Fountainhead Condos
New Listings

There have been no new listing of a luxury Fountainhead Galt Ocean Mile condos for sale over the last 30 days

Fountainhead Condos
Pending Sales

There are currently 1 x Fountainhead condo under contract and  pending sale here on Galt Ocean Mile – this is up from no units pending sale as in our last post.

Our market analysis report for this unit is presented below:

BEDS / BATHS LA LP$
Unit 15G 1 / 1 1,450 $345,000

We can see from this report that Unit 15G a 1 bedroom Fountainhead condo listed for sale for $345,000 is now pending sale – this 1 bedroom 1 bathroom 1450 square foot unit has a list price to square foot price of $238.00

Unit 15G offers the most spectacular, unobstructed direct ocean views as you enter and from all the rooms.

This Galt Ocean Mile condo features: a brand new A/C and refrigerator and is freshly painted.  All the windows are hurricane impact resistant, there is a washer and dryer in unit, a huge half bath, great closets and tons of storage.

Aerial view Galt Ocean Mile condos including Fountainhead 3900 N Ocean Blvd Fort Lauderdale
Aerial view Galt Ocean Mile condos including Fountainhead 3900 N Ocean Drive Ft Lauderdale

Fountainhead Condo Sales
Last 6 Months

There has been just 1 sale of a Fountainhead Galt Ocean Mile condos over the last 6 Months –this is down from 2 sales over the preceding 6 months as in our last post for June 2020 / July 2020! 

Our market analysis report for this unit is presented below:

BEDS / BATHS LA SP$
Unit 1D 2 / 2 1,840 $650,000

We can see from this report that Unit 1D a 2 Bedroom Fountainhead condo sold for $650,000 – this being a 2 bedroom 2 bathroom unit of 1840 square feet 

Unit 1D offers stunning direct ocean views.

This Galt Ocean Mile condo has a bright and open floor-plan.  The unit features: impact glass, a gourmet kitchen that boasts white shaker cabinetry, marble counter-tops and stainless steel appliances.

The unit has an expansive master suite with walk-in closet, a spa like bath with dual sinks, and an over-sized shower and tub.   The condo has wood flooring throughout and there is a washer / dryer in the unit.

View Galt Ocean Mile condo Fountainhead 3900 N Ocean Drive Fort Lauderdale recently sold Unit 1D
View Galt Ocean Mile condo Fountainhead 3900 N Ocean Drive Fort Lauderdale recently sold!

Fountainhead Condo Sales
Last 12 Months

There has been 7 sales of Fountainhead Galt Ocean Mile condos over the last 12 Months

Our market analysis report for these units is presented below:

BEDS / BATHS LA SP$
Min 2 / 2 1,840 $552,500
Max 3 / 3 2,353 $1,200,000
Avg 2 / 2 1,993 $685,357
Median 2 / 2 1,870 $625,000

We can see from this report that the average sales price for a Fountainhead condo sold over the last 12 months was $685,357 – this being for a 2 bedroom 2 bathroom unit of 1993 square feet.

We can also see from this report that the median sales price for a Fountainhead condo sold over the last 12 months was $625,000 – this being for a 2 bedroom 2 bathroom unit of 1870 square feet.

It is important to note the highest price paid at $1,200,000 – this being for a 3 bedroom 3 bathroom 2353 square foot unit.

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 12 months.

SP$/SqFt
Min $260.00
Max $353.00
Avg $312.00
Median $321.00

We can see from this report that the median sales price to square foot price has been $321.00 per square foot.

It is also important to note the highest square foot price paid at $312.00!

% 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 88%
Max 96%
Avg 92%
Median 93%

We can see from this report that the median sales price to list price for Fort Lauderdale condo sold here in Fountainhead over the last 12 months has been 93%  

This means if a Fountainhead condo is listed for sale at $600,000 – then based on median sales data the condo could be expected to sell for 93% of that amount or $558,000 – 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 1
Max 248
Avg 109
Median 107

We can see that the median days on market is 107 days – or just over 3.5 months

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

Fountainhead Condo Sales
Last 12 Months by Bedroom

Here is our market summary report showing median sales prices by bedroom for all condos sold in Fountainhead over the last 12 months!

BEDS / BATHS LA SP$ SP$/SqFt
2 / 2 1,840 $625,000 $340.00
3 / 2 2,281 $887,500 $260.00

We can see from this report that median sales prices for:

2 Bedroom Fountainhead condos has been $625,000this being for a 2 bedroom 2 bathroom 1840 square foot unit with a sales price to square foot price of $340.00

3 Bedroom Fountainhead condos has been $887,500this being for a 3 bedroom 2 bathroom 2281 square foot unit with a sales price to square foot price of $260.00

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 1 oceanfront condo for sale – a 3 Bedroom unit!

We have had 7 sales over the last 12 months – a mix of 2 and 3 bedroom units!  

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

Kevin Wirth Fort Lauderdale Realtor