Fountainhead
Galt Ocean Mile Condos
2020 Pricing Guide
Welcome to our October 2020 / November 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 is just 1 x Fountainhead Galt Ocean Mile condo for sale – a 3 bedroom 3 bathroom unit.
There have been 4 closed sales over the last 12 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
- Priced at $775,000
– for a 3 bedroom 3 bathroom unit
Median Sales Prices
- Median Sales Price $588,750
– for a 2 bedroom 2 bathroom unit - Sales Price to Sq Ft Price $308.00
- Sales Price to List Price 89%
- Days on Market 124 Days
Fountainhead Condos for Sale
Market Report
There is currently just 1 x Fountainhead Galt Ocean Mile condo for sale – this is the same number of Fountainhead Condos for Sale as in our last post for August 2020 / September 2020
Our market analysis report for the 1 x Fountainhead Galt Ocean Mile condo currently for sale is presented below:
| BEDS / BATHS | LA | LP$ | |
| 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 $351.00.
Unit 4A is a direct ocean front condo and offers breath taking views! The kitchen, dining room and living room look at the ocean.
This Galt Ocean Mile condo is fully remodeled, with over 200k spent in updates. Features include: high impact windows, updated bathrooms and a kitchen with granite counter tops, wood cabinets and Stainless appliances. The unit has a new washer / dryer and new A/C units.
Buying / Selling?
Call Me Today!
Kevin Wirth P.A. – Realtor
Galt Ocean Mile Specialist
kevinsellsmore@gmail.com
954-459-0337
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Fountainhead Condos for Sale
Prices by Bedroom
Here is our market summary report showing median prices for Fountainhead Galt Ocean Mile condos for sale by bedroom.
| BEDS / BATHS | LA | LP$ | 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 the last post when 1 bedroom condos were for sale 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 currently no 2 bedroom Fountainhead condos for the sale – In the last post when 2 bedroom condos were for sale 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 $775,000– this 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 $351.00
Fountainhead Condos
New Listings
There have been no new listing of a luxury Fountainhead Galt Ocean Mile condos for sale over the last 30 days
Fountainhead Condos
Pending Sales
There are currently no Fountainhead condos under contract and pending sale here on Galt Ocean Mile – this is up from 1 unit pending sale as in our last post – this being Unit 15G a 1 bedroom condo.
Fountainhead Condo Sales
Last 6 Months
There has been just 1 sale of a Fountainhead Galt Ocean Mile condos over the last 6 Months
Our market analysis report for this unit is presented below:
| BEDS / BATHS | LA | SP$ | |
| Unit 15G | 1 / 1 | 1,450 | $300,000 |
We can see from this report that Unit 15G a 1 Bedroom Fountainhead condo sold for $300,000 – this being a 1 bedroom 1 bathroom unit of 1450 square feet
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, refrigerator and is freshly painted, waiting for your personal touches.
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.
It is important to note that Unit 15G sold for 87% of its list price and had 212 days on market.
Unit 15G had a sales price to square foot price of $207.00
Fountainhead Condo Sales
Last 12 Months
There has been 4 sales of Fountainhead Galt Ocean Mile condos over the last 12 Months
Our market analysis report for these units is presented below:
| BEDS / BATHS | LA | SP$ | |
| Min | 1 / 1 | 1,450 | $300,000 |
| Max | 2 / 2 | 2,000 | $650,000 |
| Avg | 2 / 2 | 1,783 | $531,875 |
| Median | 2 / 2 | 1,840 | $588,750 |
We can see from this report that the average sales price for a Fountainhead condo sold over the last 12 months was $531,875 – this being for a 2 bedroom 2 bathroom unit of 1783 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 $588,750 – this being for a 2 bedroom 2 bathroom unit of 1840 square feet.
It is important to note the highest price paid at $650,000 – this being for a 2 bedroom 2 bathroom unit.
Square Foot Prices
Condos Sold
Here is our market summary report showing square foot prices paid for ALL Fort Lauderdale Oceanfront Condos sold in Fountainhead over the last 12 months.
| SP$/SqFt | |
| Min | $207.00 |
| Max | $353.00 |
| Avg | $294.00 |
| Median | $308.00 |
We can see from this report that the median sales price to square foot price has been $308.00 per square foot.
It is also important to note the highest square foot price paid at $353.00!
% Sales to List Price
An important real estate indicators that is important to note is how much buyers are paying for Fountainhead Galt Ocean Mile condos for sale – we can gauge this based on the percentage of sales price to list price paid by buyers.
The market analysis report for this is presented below:
| SP$/LP$ | |
| Min | 87% |
| Max | 93% |
| Avg | 89% |
| Median | 89% |
We can see from this report that BOTH the average and median sales price to list price for Fort Lauderdale condo sold here in Fountainhead over the last 12 months has been 89%
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 89% of that amount or $534,000 – based on median MLS data!
Days on Market
Days on market for Fountainhead Galt Ocean Mile condos for sale is an important indicator on how strong demand is for Fort Lauderdale oceanfront condos for sale in this complex.
Here is the market analysis report for Days on Market based on condo sales over the last 6 months.
| DOM | |
| Min | 65 |
| Max | 212 |
| Avg | 131 |
| Median | 124 |
We can see that the median days on market is 124 days – or just over 4 months
Days on market is the time from when the condo was listed for sale till the condo sold AND closed.
Fountainhead Condo Sales
Last 12 Months by Bedroom
Here is our market summary report showing median sales prices by bedroom for all condos sold in Fountainhead over the last 12 months!
| BEDS / BATHS | LA | SP$ | SP$/SqFt |
| 1 / 1 | 1,450 | $300,000 | $207.00 |
| 2 / 2 | 1,840 | $625,000 | $340.00 |
We can see from this report that median sales prices for:
1 Bedroom Fountainhead condos has been $300,000 – this being for a 1 bedroom 1 bathroom 1450 square foot unit with a sales price to square foot price of $207.00
2 Bedroom Fountainhead condos has been $625,000 – this being for a 2 bedroom 2 bathroom 1840 square foot unit with a sales price to square foot price of $340.00
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 a very limited supply of Fountainhead condos for sale just 1 direct oceanfront condo for sale – a really nice 3 Bedroom unit with superb ocean views.
We have had 4 sales over the last 12 months – a mix of 1 and 2 bedroom units!
I hope you have enjoyed my Post on Fountainhead Condos Fort Lauderdale for Sale