View Galt Ocean Mile condo for sale Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale

Galt Ocean Club Condos

Galt Ocean Club
Galt Ocean Mile Condos for Sale

Welcome to my July 2019 / August 2019 post on Galt Ocean Club Galt Ocean Mile condos for sale Fort Lauderdale Florida.

Fort Lauderdale condos for sale here in Galt Ocean Club offer direct oceanfront units set right on the beachfront here on the famous Galt Ocean Mile!

Search Galt Ocean Club Condos for Sale

Currently there are 8 x direct oceanfront condos for sale in this great Galt Ocean Mile complex

There have been 5 units sold here over the last 6 months and 1 unit is currently pending sale (Penthouse 5 & 6)

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 Galt Ocean Club – Important information for both buyers and sellers!

Galt Ocean Club
Galt Ocean Mile – Key Statistics
Galt Ocean Club Condo Association – Condominium complex in Fort Lauderdale, Florida
Address: 3800 Galt Ocean Dr, Fort Lauderdale, FL 33308

  • 8 x Condos for Sale
    Prices from $234,900 – $899,000 

Median Prices

  • Median List Price $296,950
    – for a 1 Bedroom 1 Bathroom Unit
  • 5 Sales Last 6 Months
  • Median Sales Price $280,000
    – for a 1 Bedroom 1 Bathroom Unit
  • Median Sales Price to Sq Ft Price $343.00
  • Sales to List Price 94%
  • Days on Market 169 Days
View Galt Ocean Club for sale Galt Ocean Mile Fort Lauderdale
Look at the views here at Galt Ocean Club on Galt Ocean Mile in Fort Lauderdale Florida

Galt Ocean Club
Condos for Sale

The following market report is for the 8 x Galt Ocean Mile condos for sale here in Galt Ocean Club – this is down from 14 x Galt Ocean Club condos for sale as in our last post for February 2019 / March 2019

Our market analysis report for these 8 units is presented below:

BEDS / BATHS LA LP$
Min 1 / 1 825 $234,900
Max 3 / 3 1,340 $899,000
Avg 2 / 2 985 $392,575
Median 1 / 1 875 $296,950

We can see from this market report that the average price for a condo for sale here in Galt Ocean Club is $392,575 – this being for a 2 bedroom 2 bathroom unit of 985 square feet!

We can also see from this market report that the median price for a condo for sale here in Galt Ocean Club is $296,950 – this being for a 1 bedroom 1 bathroom unit of 875 square feet

In our last post the median price for a condo for sale here in Galt Ocean Club was $374,450 – this being for a 1 bedroom 1 bathroom unit of 1034 square feet

Note: The highest price for a Galt Ocean Club condo for sale at $899,000

Pool view Galt Ocean Mile condominium Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale
Pool view Galt Ocean Mile condominium Galt Ocean Club 3800 Galt Ocean Drive

Galt Ocean Club
Pricing Guide by Bedroom

Here is our market summary report which gives a pricing guide by bedroom for Galt Ocean Club Galt Ocean Mile condos for sale by bedroom!

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 825 $279,900 $319.00
2 / 2 1,241 $448,950 $367.00
3 / 3 1,172 $899,000 $767.00

We can see from this report that the median price for:

1 Bedroom Galt Ocean Club condos for sale is $279,900 this being for a 1 bedroom 1 bathroom 825 square foot unit with a list price to square foot price of $319.00

2 Bedroom Galt Ocean Club condos for sale is $448,950 this being for a 2 bedroom 2 bathroom 1241 square foot unit with a list price to square foot price of $367.00

3 Bedroom Galt Ocean Club condos for sale is $899,000 this being for a 3 bedroom 3 bathroom 1172 square foot unit with a list price to square foot price of $767.00

View Galt Ocean Mile condo pending sale Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale - Penthouse 5&6
View Galt Ocean Mile condo pending sale Galt Ocean Club 3800 Galt Ocean Drive – PH5&6

Galt Ocean Club
New Listings

In the last 30 days there have been no new listings of Galt Ocean Club Galt Ocean Mile condos for sale

This is the same number of new listings as in our last post!

Pending Sales

There is currently 1 condo under contract and pending sale here in Galt Ocean Club Fort Lauderdale

It is very important to note there had been no units pending as in our last 5 posts!

Our market analysis report for this unit pending sale is presented below

BEDS / BATHS LA LP$
PH 5&6 3 / 2 2,165 $550,000

We can see from this report that Penthouse 5 & 6 a 3 bedroom 2 bathroom listed for sale for $550,000 is now pending salethis 3 bedroom 2 bathroom 2165 square foot unit has a list price to square foot price of $254.00

This unit is the best priced 3 bedroom 2000 plus square foot penthouse currently for sale on Galt Ocean Mile!

The unit is a beautiful corner double penthouse with 3 bedrooms and 2 and 1/2 baths with 2 garage parking spaces and 1 assigned parking space!

The unit has walls of windows that wrap around the entire apartment and features 2 private balconies. 


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?

Call Me Today!


Kevin Wirth P.A.  – Realtor

Galt Ocean Mile Specialist
954-459-0337

Email: kevinsellsmore@gmail.com

Click here to email me now

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

View Galt Ocean Mile condo recently sold Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale Unit 1103
View Galt Ocean Mile condo recently sold Galt Ocean Club 3800 Galt Ocean Drive #1103

Galt Ocean Club Sales
Last 6 Months

There have been 5 x Galt Ocean Club Galt Ocean Mile condos sold over the last 6 months

The market summary report for these 5 units is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 802 $262,000
Max 3 / 2 1,340 $464,000
Avg 2 / 1 978 $342,200
Median 1 / 1 802 $280,000

We can see from this report that the average sales price for Galt Ocean Club condos sold over the last 6 months has been $342,200 – this being based on a 1 bedroom 1 bathroom unit of 978 square feet! 

We can also see from this report that the median sales price for condos sold over the last 6 months has been $280,000this being based on a 1 bedroom 1 bathroom unit of 802 square feet! 

We can also see that the most expensive unit sold  – sold for $464,000 – this being for a 3 bedroom 2 bathroom unit.

View 2 bedroom Galt Ocean Club Galt Ocean Mile condo recently sold - Unit 605
View 2 bedroom Galt Ocean Club Galt Ocean Mile condo recently sold – Unit 605

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for Fort Lauderdale Condos sold in Galt Ocean Club over the last 6 months

SP$/SqFt
Min $321.00
Max $406.00
Avg $349.00
Median $343.00

We can see from this report that the median sales price to square foot price paid for a Galt Ocean Club Condo sold over the last 6 months has been $343.00 per square foot

We can also see the highest square foot price paid at $406.00!

% Sales to List Price

An important real estate indicator is how much are buyers are paying for Galt Ocean Club 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 86%
Max 95%
Avg 92%
Median 94%

We can see from this report that the median sales price to list price for Fort Lauderdale Condo here in Galt Ocean Club  has been 94%

This means if a Fort Lauderdale Condo for sale here in Galt Ocean Club is listed at $300,000 – then based on MLS median sales data the condo could be expected to sell for 94% of that amount or $282,000.

Days on Market

Days on market for Galt Ocean Club Galt Ocean Mile condos is an important indicator on how the strong demand is for condos for sale in this direct oceanfront condominium.

Here is the market analysis report for Days on Market based on Condo sales over the last 6 months.

DOM
Min 23
Max 206
Avg 150
Median 169

We can see from this report that the average days on market is 150 days or 5 months!

We can also see from this report that the median days on market is 169 days or just under 6 months!

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

Galt Ocean Club Club
Condo Sales Itemized

Here is the data for each of the condos sold over the last 6 months here in Galt Ocean Club!

BEDS / BATHS LA SP$
Unit 310 2 / 2 1,143 $464,000
Unit 411 3 / 2 1,340 $430,000
Unit 107 1 / 1 802 $280,000
Unit 1103 1 / 1 802 $275,000
Unit 207 1 / 1 802 $262,000

We can see from this report the details for both the condos sold – including the most expensive sale over the last 6 months, which was for Unit 310 a 2 bedroom unit which sold for $464,000.

Unit 310 is a 2 bedroom 2 bathroom 1143 square foot direct oceanfront condo and sold with a sales price to square foot price of $406.00

Unit 310 sold for 95% of its list price and had 160 days on market or just over 5 months!

 

Kevin_Wirth_on_Galt_Ocean_Mile

My Thoughts / Summary

Galt Ocean Club Galt Ocean Mile condos offer units in a great complex set right on the sand here on our famous Galt Mile.

Currently we have an good range of oceanfront condos for sale here in Galt Ocean Club with 8 units for sale!

Sales have been picked up over the last 6 months with 5 units sold and 1 unit (Penthouse 5&6) now pending sale. 

Galt Ocean Club is one of the few complexes here on Galt Ocean Mile that allows owners to rent up-to 4 times a year.

This is one of the few complexes on Galt Ocean Mile that has an investor friendly rental policy and this is very appealing to many owners.

Kevin Wirth Realtor

I hope you have enjoyed my Post on Fort Lauderdale condos for sale at Galt Ocean Club

Kevin Wirth Realtor