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

Fountainhead Condos

Fountainhead
Galt Ocean Mile Condos
2021 Pricing Guide

Welcome to our March 2021 / April 2021 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 are 3 x Fountainhead Galt Ocean Mile condo for sale – 2 of which are new listings.

There has been 3 closed sales over the last 6 months and 2 units are now 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 from $500,000 – $615.000

Median Prices

  • Median List Price $524,000
    – for a 2 bedroom 2 bathroom unit
  • Median Sales Price $600,000
    – for a 2 bedroom 2 bathroom unit
  • Median Sales Price to Sq Ft Price $326.00
  • Median List Price to Sales Price 94%
  • Median Days on Market – 26 Days
Aerial view Galt Ocean Mile condominium Fountainhead 3900 N Ocean Drive Lauderdale by the Sea
Aerial Galt Ocean Mile condominium Fountainhead 3900 N Ocean Drive Lauderdale by the Sea

Fountainhead Condos for Sale
Market Report

There are currently 3 x Fountainhead Galt Ocean Mile condos for sale – all 2 bedroom units.

This down from 5 x Fountainhead Condos for Sale as in our last post for December 2020 / January 2021

Our market analysis report for the 3 x Fountainhead Galt Ocean Mile condos currently for sale is presented below:

BEDS / BATHS LA LP$
Min 2 / 2 1,730 $500,000
Max 2 / 2 1,870 $615,000
Avg 2 / 2 1,800 $546,333
Median 2 / 2 1,800 $524,000

We can see from this report that the average list price for a Fountainhead Galt Ocean Mile condo currently for sale is $546,333 – this being for a 2 bedroom 2 bathroom 1800 square foot unit with a list price to square foot price of $303.00.

In our last post the average list price for a Fountainhead Galt Ocean Mile condo for sale was higher at $648,400 – this being for a 2 bedroom 2 bathroom 2006 square foot unit with a list price to square foot price of $330.00.

We can also see from this report that the median list price for a Fountainhead Galt Ocean Mile condo currently for sale is $524,000 – this being for a 2 bedroom 2 bathroom 1800 square foot unit with a list price to square foot price of $291.00.

In our last post the median list price for a Fountainhead Galt Ocean Mile condo currently for sale was also higher at $625,000 – this being for a 2 bedroom 2 bathroom 1840 square foot unit with a list price to square foot price of $327.00.


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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Ocean views Galt Ocean Mile condo Fountainhead 3900 N Ocean Drive Fort Lauderdale
Ocean views 2 Bedroom Galt Ocean Mile condo Fountainhead 3900 N Ocean Dr Ft Lauderdale

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 1,800 $524,000 $291.00

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
  • 2 bedroom Fountainhead condos for the sale is $524,000this being for a 2 bedroom 2 bathroom 1800 square foot unit with a list price to square foot price of $291.00 In our last post the median for 2 bedroom Fountainhead condos for the sale was higher at $579,000– this being for a 2 bedroom 2 bathroom 1840 square foot unit with a list price to square foot price of $315.00
  • 3 bedroom Fountainhead condos for the sale is $744,500this being for a 3 bedroom 3 bathroom 2275 square foot unit with a list price to square foot price of $359.00 In our last post the median for 3 bedroom Fountainhead condos for the sale was higher 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
View Galt Ocean Mile condo Fountainhead 3900 N Ocean Drive just listed for sale Unit 2F
View Galt Ocean Mile condo Fountainhead 3900 N Ocean Drive just listed for sale Unit 2F

Fountainhead Condos
New Listings

There have been 2 new listing of luxury Fountainhead Galt Ocean Mile condos for sale over the last 30 days – this is down from 4 new listings as in our last post!

Our market analysis report for these 2 new listings is presented below:

BEDS / BATH LA LP$
Unit 7B 2 / 2 1,870 $615,000
Unit 2F 2 / 2 1,730 $500,000

We can see from this report that:

Fountainhead Unit 7B a 2 bedroom Galt Ocean Mile condo has just been listed for sale for $615,000this 2 bedroom 2 bathroom 1870 square foot unit has a list price to square foot price of $329.00

Unit 7B is breathtaking ocean views of Ft. Lauderdale & Lauderdale By The Sea Beach from every room.

This Galt Ocean Mile condo for sale features: a newly designed kitchen appointed with Kitchen Aid appliances and Quartz countertops. Both bathrooms are completely upgraded. There is a fireplace living room and dining room and the second bedroom has been converted into a den /  home office.

Fountainhead Unit 2F a 2 bedroom Galt Ocean Mile condo has just been listed for sale for $500,000this 2 bedroom 2 bathroom 1730 square foot unit has a list price to square foot price of $289.00

Unit 2F offers gorgeous and unobstructed ocean views.

This Galt Ocean Mile condo for sale features: a huge master bedroom suite with dressing area and large walk-in closet.  The unit has an eat-in kitchen and inside washer/dryer. This South East facing unit allows for amazing sunrises and offers an abundance of natural light

View Galt Ocean Mile condo Fountainhead 3900 N Ocean Drive Fort Lauderdale pending sale Unit 3B
VGalt Ocean Mile condo Fountainhead 3900 N Ocean Dr Ft Lauderdale pending sale Unit 3B

Fountainhead Condos
Pending Sales

There are currently 2 x Fountainhead condos under contract and  pending sale here on Galt Ocean Mile – In our last post there were no units pending sale.

Our market analysis report for these 2 units is presented below:

BEDS / BATHS LA LP$
Unit 4A 3 / 3 2,340 $695,000
Unit 3B 2 / 2 1,870 $625,000

We can see from this report that:

Unit 4A a 3 bedroom Galt Ocean Mile condo listed for sale for $695,000 is now pending salethis 3 bedroom 3 bathroom 2340 square foot unit has a list price to square foot price of $297.00

Unit 4A offers gorgeous and unobstructed, forever ocean views. 

This Galt Ocean Mile condo for sale is fully remodeled with a light bright and open floor plan.  The unit features: oversized impact glass windows in the dining room and around the Florida room (enclosed balcony) that amplify the view of sea and sand.  There is magnificent white and gray Italian marble flooring through-out and the formal living and dining rooms offer incredible ocean views.

Unit 3B a 2 bedroom Galt Ocean Mile condo listed for sale for $625,000 is now pending salethis 2 bedroom 2 bathroom 1870 square foot unit has a list price to square foot price of $334.00

Unit 3B offers direct ocean views from every room.

This Galt Ocean Mile condo for sale has countless upgrades and designer finishes and features: all impact glass, premium marble flooring throughout, custom crown molding, recessed lighting, an upgraded chef’s kitchen with top-grade granite countertops and backsplash.

View Galt Ocean Mile condo Fountainhead 3900 N Ocean Drive recently sold Unit 17A
View Galt Ocean Mile condo Fountainhead 3900 N Ocean Drive recently sold Unit 17A

Fountainhead Condo Sales
Last 6 Months

There has been 3 sales of  Fountainhead Galt Ocean Mile condos over the last 6 Months – this is well up from just 1 sale as per our last post!

Our market analysis report for these units is presented below:

BEDS / BATHS LA SP$
Min 2 / 2 1,840 $545,000
Max 3 / 3 2,210 $740,000
Avg 2 / 2 1,963 $628,333
Median 2 / 2 1,840 $600,000

We can see from this report that the average sales price for a Fountainhead condo sold over the last 6 months was $628,333 – this being for a 2 bedroom 2 bathroom unit of 1963 square feet.

We can also see from this report that the median sales price for a Fountainhead condo sold over the last 6 months was $600,000 – this being for a 2 bedroom 2 bathroom unit of 1840 square feet.

It is important to note the highest price paid at $740,000 – this being for a 3 bedroom 3 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 6 months.

SP$/SqFt
Min $296.00
Max $335.00
Avg $319.00
Median $326.00

We can see from this report that the median sales price to square foot price has been $326.00 per square foot.

It is also important to note the highest square foot price paid at $335.00!

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

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 6 months has been 94%  

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 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 8
Max 27
Avg 20
Median 26

We can see that the median days on market is 26 days – or just under 1 month

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

Fountainhead Condo Sales
Last 6 Months by Unit

Here is our market analysis report showing data for each unit sold for the 3 x condos sold in Fountainhead over the last 6 months!

 / BEDS / BATHS LA SP$
Unit 17A 3 / 3 2,210 $740,000
Unit 14D 2 / 2 1,840 $600,000
Unit 9D 2 / 2 1,840 $545,000

We can see from this report the details for each unit sold including the most expensive sale which was for Unit 17A a 3 bedroom Fountainhead condo which sold for $740,000this 3 bedroom 3 bathroom 2,210 square foot unit had a sales price to square foot price of $335.00

Unit 17A sold for 93% of its list price and had just 26 days 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 a nice inventory of 2 bedroom Fountainhead condos for sale with 3 condos for sale.

Sales have picked up over the last 6 months with 3 units sold and 2 units now pending sale.

Much of 2020 had been slow due to Covid 19.

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

Kevin Wirth Fort Lauderdale Realtor