View Foutainhead Galt Ocean Mile condos for sale 3900 N Ocean Drive Fort Lauderdale

Fountainhead Condos

Fountainhead
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our January 2020 / February 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

 

Search All Fountainhead Condos for Sale

 

There are 4 x Fountainhead Galt Ocean Mile condos for sale 

Currently there is 1 unit pending sale and there have been 4 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 $370,000 – $799,900
  • Median List Price $554,644
     – for a 2 bedroom 2 bathroom unit

Median Sales Prices

  • Median Sales Price $600,000
    – for a 2 bedroom 2 bathroom unit
  • Sales Price to Sq Ft Price $321.00
  • Sales Price to List Price 94%
  • Days on Market 152 Days
View Fountainhead Galt Ocean Mile condominium 3900 N Ocean Drive Fort Lauderdale
View Fountainhead Galt Ocean Mile condominium 3900 N Ocean Drive Fort Lauderdale

Fountainhead Condos for Sale
Market Report

There are currently 4 x Fountainhead Galt Ocean Mile condos for sale this is up from just 2 x Fountainhead Condos for Sale as in our last post for December 2019 / January 2020

Our market analysis report for these 4 x Galt Ocean Mile condos currently for sale is presented below:

BEDS / BATHS LA LP$
Min 1 / 1 1,450 $370,000
Max 3 / 3 2,210 $799,900
Avg 2 / 2 1,815 $569,797
Median 2 / 2 1,800 $554,644

We can see from this report that the average price for one of the Fountainhead Galt Ocean Mile condos for sale is $569,797 – this being for a 2 bedroom 2 bathroom unit of 1815 square feet

We can also see from this report that the median price for one of the Fountainhead condos for sale is $554,644 this being for a 2 bedroom 2 bathroom unit of 1865 square feet – this is up from our last post!

In our last post for December 2019 / January 2020 the median price for a Fountainhead condo for sale was lower at $537,344 – this being for a 2 bedroom 2 bathroom unit of 1865 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

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View Galt Ocean Mile New Listings

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
1 / 1 1,450 $370,000 $255.00
2 / 2 1,800 $554,644 $306.00
3 / 3 2,210 $799,900 $362.00

We can from this report that median prices for :

  • 1 bedroom Fountainhead condos for the sale is $370,000 this being for a 1 bedroom 1 bathroom 1450 square foot unit with a list price to square foot price of $255.00 – In our last post there were no 1 bedroom Fountainhead condos for saleIn our last post when 1 bedroom units were for sale the median list price 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 $554,644 this being for a 2 bedroom 2 bathroom 1800 square foot unit with a list price to square foot price of $306.00 – In our last post the median for 2 bedroom Fountainhead condos for the sale was lower at $537,344 – this being for a 2 bedroom 2 bathroom 1865 square foot unit with a list price to square foot price of $286.00
  • 3 bedroom Fountainhead condos for the sale is $554,644 – this being for a 2 bedroom 2 bathroom 1800 square foot unit with a list price to square foot price of $306.00  – In our last post there were no 3 bedroom Fountainhead condos for saleHowever in the last post when 3 bedroom units were for sale the median for 3 bedroom condos was higher at $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
View Fountainhead Galt Ocean Mile condos just listed for sale 3900 N Ocean Drive Fort Lauderdale Unit 16B
View Fountainhead Galt Ocean Mile condos just listed for sale 3900 N Ocean Drive # 16B

Fountainhead Condos
New Listings

There have been 2 new listing of a luxury Fountainhead Galt Ocean Mile condos for sale over the last 30 days – In our last post there had been no new listings of Fountainhead condos for sale. 

Our market analysis report for these new listings is presented below:

BEDS / BATHS LA LP$
Unit 4A 3 / 3 2,210 $799,900
Unit 16B 2 / 2 1,870 $659,500

We can see from this report that:

Unit 4A a 3 bedroom Fountainhead Galt Ocean Mile condo has just been listed for sale for $799,900this 3 bedroom 3 bathroom 2210 square foot unit has a list price to square foot price of $362.00

Unit 4A offers direct ocean views and is a gorgeous custom high end corner unit that has been totally remodeled,

This Galt Ocean Mile condo for sale features: over $200,000 spent in updated bathrooms and kitchen with granite counter tops, wood cabinets, Stainless Steel appliances, new fixtures, new washer / dryer upgraded electric, high impact windows, 2 new ac units and new window treatments / blinds.

Unit 16B a 2 bedroom Fountainhead Galt Ocean Mile condo has just been listed for sale for $659,500this 2 bedroom 2 bathroom 1870 square foot unit has a list price to square foot price of $353.00

Unit 16B offers stunning direct ocean views and is an elegant and spacious condo! 

This Galt Ocean Mile condo for sale features: modern kitchen with solid wood cabinets, granite counter-tops, high-end led lighting, large marble tile floors, high-end appliances, motorized shades in living room, new washer/dryer, Kovacs chandelier in dining area and high impact windows!

View Fountainhead Galt Ocean Mile condo pending sale 3900 N Ocean Drive Fort Lauderdale Unit 10C
Fountainhead Galt Ocean Mile condo pending sale 3900 N Ocean Drive Fort Lauderdale # 10C

Fountainhead Condos
Pending Sales

There is currently 1 x Fountainhead condo under contract and  pending sale here on Galt Ocean Mile – In our last 2 posts there was also 1 unit pending sale in each post!

Our Market Analysis report for this unit is presented below:

BEDS / BATHS LA LP$
Unit 10C 2 / 2 2,000 $624,900

We can see from this report that Unit 10C a 2 bedroom Fountainhead Galt Ocean Mile condo listed for sale for $624,900 is now pending sale – this being a 2 bedroom 2 bathroom unit of 2000 square feet has a list price to square foot price of $312.00

Unit 10C is a beautiful large remodeled beachfront luxury condo with breathtaking direct ocean and lighthouse views! 

This Galt Ocean Mile condo offers water views from every room and has a custom kitchen with all-top-of- line appliances.

Aerial view Galt Ocean Mile condominium Fountainhead 3900 N Ocean Drive Lauderdale by the Sea
Galt Ocean Mile condominium Fountainhead 3900 N Ocean Drive Lauderdale by the Sea

Fountainhead Condo Sales
Last 6 Months

There has been 4 sales of Fountainhead Galt Ocean Mile condos over the last 6 Months –this is the same number of sales as in our last post! 

Our market analysis report for these 4 units is presented below.

BEDS / BATHS LA SP$
Min 2 / 2 1,840 $565,000
Max 3 / 3 2,210 $630,000
Avg 2 / 2 1,940 $598,750
Median 2 / 2 1,855 $600,000

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 $598,750 – this being for a 2 bedroom 2 bathroom unit of 1940 square feet.

We can also see that the median sales price for condos sold here in Fountainhead over the last 6 months has been $600,000 – this being for a 2 bedroom 2 bathroom unit of 1855 square feet 

In our last post the median sales price for condos sold here in Fountainhead over the last 6 months was lower at $570,000 – this being for a 2 bedroom 2 bathroom unit of 1855 square feet 

In our prior post the median sales price for condos sold here in Fountainhead over the last 6 months was lower at $565,000 – this being for a 2 bedroom 2 bathroom unit of 1870 square feet 

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 $260.00
Max $342.00
Avg $311.00
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 important to note that this is well up from $260.00 in our last post 284.00 in our prior post and $294.00 as in our earlier post!

It is also important to note the highest square foot price paid at $342.00!

% 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 89%
Max 96%
Avg 93%
Median 94%

We can see from this report that the median sales price to list price for Fort Lauderdale condo here in Fountainhead has been 94%  

It is important to note that this is down from 95% in our last post and 96% in our prior post!

This means if a Fort Lauderdale condo for sale here in Fountainhead is listed at $600,000 – then based on median sales data the condo could be expected to sell for 94% of that amount or $564,000 – 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 138
Median 152

We can see from this report that the average days on market is 138 days – or just under 5 months.

We can also see that the median days on market is 152 days – or just on 5 months

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

View Fountainhead Galt Ocean Mile condos recently sold 3900 N Ocean Drive Fort Lauderdale Unit 9B
Fountainhead Galt Ocean Mile condos recently sold 3900 N Ocean Drive Fort Lauderdale # 9B

Fountainhead
Condo Sales Itemized

Here is the data for each of the 4 x Fountainhead Galt Ocean Mile condos sold over the last 6 months here in Fountainhead.

BEDS / BATHS LA SP$
Unit 10D 2 / 2 1,840 $630,000
Unit 17D 2 / 2 1,840 $625,000
Unit 14H 3 / 3 2,210 $575,000
Unit 9B 2 / 2 1,870 $565,000

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 10D a 2 bedroom condo which sold for $630,000.

This 2 bedroom 2 bathroom 1,840 square foot unit has a sales price to square foot price of $342.00

This Galt Ocean Mile condo sold for 93% of list price and had just 1 day on market!

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 4 oceanfront condos for sale – well up from 2 units for sale as in our last post.

I am pleased to report that sales have been strong despite what has been a “low” inventory  period – with 1 unit pending sale and 4 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