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Galt Ocean Club Condos

Galt Ocean Club Condos
3800 Galt Ocean Mile
2020 Pricing Guide

Welcome to our January 2020 / February 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 4 units sold here 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 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 – $479,900 

Median Prices

  • Median List Price $284,900
    – for a 1 Bedroom 1 Bathroom Unit
  • 4 Sales Last 6 Months
  • Median Sales Price $346,000
    – for a 2 Bedroom 1 Bathroom Unit
  • Median Sales Price to Sq Ft Price $291.00
  • Sales to List Price 93%
  • Days on Market 212 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 6 x Galt Ocean Club 3800 Galt Ocean Drive condos for sale – the number of condos for sale is down slightly from 7 x Galt Ocean Club condos for sale as in our last post for November 2019 / December 2019

Our market analysis report for these 6 units is presented below:

BEDS / BATHS LA LP$
Min 1 / 1 825 $239,900
Max 2 / 2 1,340 $479,900
Avg 2 / 2 1,017 $347,767
Median 1 / 1 984 $333,450

We can see from this market report that the median price for a condo for sale here in Galt Ocean Club condos 3800 Galt Ocean Drive is $333,450 – 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 lower at $284,900 – this being for a 1 bedroom 1 bathroom unit of 875 square feet

In our prior post the median price for a condo for sale here in Galt Ocean Club was lower at $296,950 – this being for a 1 bedroom 1 bathroom unit of 875 square feet

Note: The highest price for a Galt Ocean Club condo for sale at $479,900

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 1,143 $460,000 $402.00

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 $284,900 – this being for a 1 bedroom 1 bathroom 875 square foot unit with a list price to square foot price of $309.00

2 Bedroom Galt Ocean Club condos for sale is $460,000 this being for a 2 bedroom 2 bathroom 1143 square foot unit with a list price to square foot price of $402.00 – In our last post the median price for 2 Bedroom Galt Ocean Club condos for sale was $439,940 – this being for a 2 bedroom 2 bathroom 1241 square foot unit with a list price to square foot price of $359.00

There are currently no 3 Bedroom Galt Ocean Club condos for sale In our last post the median for 3 Bedroom Galt Ocean Club condos for sale was $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 Club condos 3800 Galt Ocean Drive just listed for sale Unit 211
Interior view of the Galt Ocean Club condos 3800 Galt Ocean Drive just listed for sale Unit 211

Galt Ocean Club
New Listings

In the last 30 days there have been 1 new listing of Galt Ocean Club 3800 Galt Ocean Mile condos for sale – This is up from no new listings as in our last post!

Our market analysis report for this new listing is presented below:

BEDS / BATHS LA LP$
Unit 211 2 / 2 1,340 $399,000

We can see from this report that Unit 211 a 2 bedroom Galt Ocean Club condo has just been listed for sale for $399,000 – this 2 bedroom 2 bathroom 1340 square foot unit has a list price to square foot price of $298.00

Unit 211 is the lowest priced 2/2 in the building.  The unit’s floor-plan allows the option to have a / create a 3rd bedroom also.

View Galt Ocean Club 3800 Galt Ocean Drive condo pending sale Unit 1604
View Galt Ocean Club 3800 Galt Ocean Drive condo pending sale Unit 1604

Pending Sales

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

Our market analysis report for this Galt Ocean Mile condo is presented below.

BEDS / BATHS LA LP$
Unit 1604 1 / 1 802 $279,900

We can see from this report that Galt Ocean Club 3800 Galt Ocean Drive unit 1604 listed for sale for $279,900 is now pending sale – this 1 bedroom 1 bathroom 802 square foot unit has a list price to square foot price of $349.00

Unit 1604 is a fantastic high floor one bedroom one and one half bathroom apartment with beautiful forever ocean views!


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

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View Galt Ocean Mile New Listings

View Galt Ocean Mile condo recently sold Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale - Penthouse 5&6
Galt Ocean Mile condo recently sold Galt Ocean Club 3800 Galt Ocean Drive – Penthouse 5 & 6

Galt Ocean Club Sales
Last 6 Months

There have been just 2 x Galt Ocean Club 3800 Galt Ocean Mile condos sold over the last 6 months – this is well 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 2 units is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 825 $215,000
Max 3 / 2 2,165 $510,000
Avg 2 / 2 1,495 $362,500
Median 2 / 1 1,495 $362,500

We can see from this report that the average sales price for Galt Ocean Club condos sold over the last 6 months has been $362,500 – this being based on a 2 bedroom 2 bathroom unit of 1,495 square feet! 

We can also see from this report that the median sales price for condos sold over the last 6 months has been $346,000this being based on a 2 bedroom 1 bathroom unit of 1,082 square feet! 

In our last post the median sales price for condos sold over the preceding 6 months was lower at $346,000 – this being based on a 2 bedroom 1 bathroom unit of 1,082 square feet! 

Important to note is that the most expensive unit sold  – sold for $510,000 – this being for a 3 bedroom 2 bathroom unit – this being a Penthouse 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 $236.00
Max $261.00
Avg $248.00
Median $248.00

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 $248.00 per square foot

This is down from $291.00 in our last post and from $343.00 per square foot as in our prior post!

We can also see the highest square foot price paid at $261.00 – down from $327.00 as in our last post!

% 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 93%
Max 100%
Avg 96%
Median 96%

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 96% – this is up from 93% in our last post and from 94% as in our prior post!

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 96% of that amount or $384,000.

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 219
Max 462
Avg 341
Median 340

We can see from this report that the average days on market is 341 days or just over 11 months!

We can also see from this report that the median days on market is 340 day or just over 11 months – this is up from 212 days or just on 7 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 2 Galt Ocean Mile condos sold over the last 6 months here in Galt Ocean Club 3800 Galt Ocean Drive.

BEDS / BATHS LA SP$
PH 5 & 6 3 / 2 2,165 $510,000
Unit 614 1 / 1 825 $215,000

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 Penthouse Unit 5 & 6 a 3 bedroom unit which sold for $510,000.

Penthouse Unit 5 & 6 is a combined 3 bedrooms 2 bathrooms 2,165 square foot condo.

This penthouse was sold with a sales price to square foot price of $236.00

Penthouse Unit 5 & 6 sold for 93% of its list price and had 219 days on market or just over 7 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 direct oceanfront condos for sale here in Galt Ocean Club with 6 units for sale!

Sales have been soft over the last 6 months with just 2 units sold!

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