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

Galt Ocean Club Condos

Galt Ocean Club Condos
3800 Galt Ocean Mile
2020 Pricing Guide

Welcome to our August 2020 / September 2020 pricing guide for Galt Ocean Club Condos 3800 Galt Ocean Mile – Galt Ocean Club 3800 Galt Ocean Drive, 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 7 x direct oceanfront condos for sale in this great Galt Ocean Mile complex!

There have been 3 units sold here over the last 6 months and 3 units are 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 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

  • 7 x Condos for Sale
    Prices from $239,900 – $749,900 

Median Prices

  • Median List Price $399,000
    – for a 2 Bedroom 2 Bathroom Unit
  • 3 Sales Last 6 Months
  • Median Sales Price $465,000
    – for a 2 Bedroom 2 Bathroom Unit
  • Median Sales Price to Sq Ft Price $407.00
  • Median Sales to List Price 93%
  • Median Days on Market 435 Days
View Galt Ocean Mile condominium Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condominium Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale

Galt Ocean Club
Condos for Sale

The following market report is for the 7 x Galt Ocean Club 3800 Galt Ocean Drive condos for sale – the number of Galt Ocean Club condos for sale is down slightly from 8 units for sale as in our last post for June 2020 / July 2020

Our market analysis report for these 7 units is presented below:

BEDS / BATHS LA LP$
Min 1 / 1 802 $239,900
Max 3 / 3 2,100 $749,900
Avg 2 / 2 1,177 $423,943
Median 2 / 2 998 $399,000

We can see from this market report that the average price for a Galt Ocean Club condos 3800 Galt Ocean Drive for sale is $423,943 – this being for a 2 bedroom 2 bathroom unit of 1177 square feet

In our last post the average price for a Galt Ocean Club condos 3800 Galt Ocean Drive for sale was lower at $372,425 – this being for a 2 bedroom 2 bathroom unit of 1086 square feet

We can also see from this market report that the median price for Galt Ocean Club condos 3800 Galt Ocean Drive for sale is $399,000 – this being for a 2 bedroom 2 bathroom unit of 988 square feet

In our last post the median price for a condo for sale here in Galt Ocean Club was $259,900 – this being for a 1 bedroom 1 bathroom unit of 825 square feet

Note: The highest price for a Galt Ocean Club condo for sale at $749,900

View Galt Ocean Club condominium 3800 Galt Ocean Drive Fort Lauderdale
Aerial view of Galt Ocean Club condominium 3800 Galt Ocean Drive Fort Lauderdale, Florida

Galt Ocean Club
Pricing Guide by Bedroom

Here is our market summary report which gives a pricing guide by bedroom for Galt Ocean Club 3800 Galt Ocean Mile condos for sale by bedroom!

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 825 $239,900 $291.00
2 / 2 1,256 $499,000 $298.00
3 / 3 2,100 $749,900 $357.00

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

1 Bedroom Galt Ocean Club condos for sale is $239,900 this being for a 1 bedroom 1 bathroom 825 square foot unit with a list price to square foot price of $291.00 – In our last post the median price for 1 Bedroom Galt Ocean Club condos for sale was higher at $245,900 – this being for a 1 bedroom 1 bathroom 825 square foot unit with a list price to square foot price of $298.00

2 Bedroom Galt Ocean Club condos for sale is $499,000 – this being for a 2 bedroom 2 bathroom 1256 square foot unit with a list price to square foot price of $298.00 – In our last post there were no 2 bedroom units for sale – However in our prior post the median price for 2 Bedroom Galt Ocean Club condos for sale was lower at $492,000 – this being for a 2 bedroom 2 bathroom 1256 square foot unit with a list price to square foot price of $298.00

3 Bedroom Galt Ocean Club condos for sale is $749,900 – this being for a 3 bedroom 3 bathroom 2100 square foot unit with a list price to square foot price of $357.00–  In our last 2 posts the median for 3 Bedroom Galt Ocean Club condos for sale was the same at $749,900 – this being for a 3 bedroom 3 bathroom 2100 square foot unit with a list price to square foot price of $357.00

View 2 bedroom Galt Ocean Mile condo Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale
View 2 bedroom Galt Ocean Mile condo Galt Ocean Club 3800 Galt Ocean Drive Ft Lauderdale

Galt Ocean Club
New Listings

In the last 30 days there have been no new listings of Galt Ocean Club 3800 Galt Ocean Mile condos for sale – both of which are 2 bedroom units!

This is down from 2 new listings as in our last post – when Unit 1105 and Unit 211 both 2 bedroom units were listed for sale!

View Galt Ocean Mile condo Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale pending sale Penthouse 9, 10 & 11
Views from Galt Ocean Club 3800 Galt Ocean Drive pending sale –  Penthouse 9, 10 & 11

Pending Sales

There are currently 3 condos under contract and pending sale here in Galt Ocean Club Fort Lauderdale – In our last post there were no units pending sale 

Our market analysis report for these 3 units is presented below:

BEDS / BATHS LA LP$
PH 9,10 & 11 3 / 3 3,000 $989,900
Unit 1104 1 / 1 802 $264,900
PH 7 1 / 1 825 $244,900

We can see from this report that:

Galt Ocean Club Penthouse 9, 10 & 11 a 3 bedroom (combined unit) condo listed for sale for $989,900 is now pending salethis 3 bedroom 3 bathroom 3000 square foot unit has a list price to square foot price of $330.00

Penthouse 9, 10 & 11 is an absolutely spectacular and remarkably rare opportunity to own a unit of approximately 3000 square feet with direct ocean views and a large balcony.

Galt Ocean Club Unit 1104 a 1 bedroom condo listed for sale for $264,900 is now pending salethis 1 bedroom 1 bathroom 802 square foot unit has a list price to square foot price of $330.00

Unit 1104 is a nice one bedroom, one and half bathroom apartment with an ocean view!

Galt Ocean Club Penthouse 7 a 1 bedroom condo listed for sale for $244,900 is now pending salethis 1 bedroom 1 bathroom 825 square foot unit has a list price to square foot price of $297.00

Penthouse 7 offers spectacular city and Intracoastal views.  This condo has its own exclusive elevator with keyed access.


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 Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale recently sold Unit 1206
View Galt Ocean Mile condo Galt Ocean Club 3800 Galt Ocean Drive recently sold Unit 1206

Galt Ocean Club Sales
Last 6 Months

There have been 3 x Galt Ocean Club 3800 Galt Ocean Mile condos sold over the last 6 months – this is down from the 4 x Galt Ocean Club condos sold over the preceding 6 months as in our last post!

The market summary report for these 3 units is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 825 $240,000
Max 2 / 2 1,172 $500,000
Avg 2 / 2 1,047 $401,667
Median 2 / 2 1,143 $465,000

We can see from this report that the average sales price for Galt Ocean Club condos sold over the last 6 months has been $465,667 – this being based on a 2 bedroom 2 bathroom unit of 1,047 square feet! 

We can also see from this report that the median sales price for condos sold over the last 6 months has been $465,000this being based on a 2 bedroom 2 bathroom unit of 1,143 square feet! 

In our last post the median sales price for condos sold over the preceding 6 months was $366,500- this being based on a 1 bedroom 1 bathroom unit

Important to note is that the most expensive unit sold  – sold for $500,000 – 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 Fort Lauderdale Condos sold in Galt Ocean Club over the last 6 months

SP$/SqFt
Min $291.00
Max $427.00
Avg $375.00
Median $407.00

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 $407.00 per square foot This is the same as in our last post!

We can also see the highest square foot price paid at $427.00!

% 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 90%
Max 97%
Avg 93%
Median 93%

We can see from this report that BOTH the average and median sales price to list price for Fort Lauderdale Condo here in Galt Ocean Club  has been 93%

This means if a Galt Ocean Mile condo for sale here in Galt Ocean Club 3800 Galt Ocean Drive is listed at $400,000 – then based on MLS median sales data the condo could be expected to sell for 93% of that amount or $372,000.

Days on Market

Days on market for Galt Ocean Club 3800 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 16
Max 646
Avg 366
Median 435

We can see from this report that the average days on market is 365 days or just over 1 year – which is well up from 181 days or just over 6 months as in our last post!

We can also see from this report that the median days on market is 435 days or over 14 months – this is well up from 263 days or just over 9 months in our last post!

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 3 x Galt Ocean Mile condos sold over the last 6 months here in Galt Ocean Club 3800 Galt Ocean Drive.

BEDS / BATHS LA SP$
Unit 1206 2 / 2 1,172 $500,000
Unit 1401 2 / 2 1,143 $465,000
Unit 1014 1 / 1 825 $240,000

We can see from this report the details for the condos sold – including the most expensive sale over the last 6 months, which was for Unit 1206 a 2 bedroom unit which sold for $500,000.

Unit 1206 is a 2 bedroom 2 bathroom 1172 square foot condo.

This condo was sold with a sales price to square foot price of $427.00

Unit 1206 sold for 93% of its list price and had just 16 days on market or just over 2 weeks!

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 very good range of direct oceanfront condos for sale here in Galt Ocean Club with 7 units for sale – including 1,2 and 3 bedroom units!

Sales over the last few months have been impacted by the Corona Virus – but I am pleased to announce that 3 units are now under contract and are 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