View 2 bedroom 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 June 2020 / July 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!

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Currently there are 8 x direct oceanfront condos for sale in this great Galt Ocean Mile complex – 2 of which are new listings!

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

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

Median Prices

  • Median List Price $259,900
    – for a 1 Bedroom 1 Bathroom Unit
  • 4 Sales Last 6 Months
  • Median Sales Price $366,500
    – for a 2 Bedroom 2 Bathroom Unit
  • Median Sales Price to Sq Ft Price $407.00
  • Median Sales to List Price 94%
  • Median Days on Market 263 Days
Pool views Galt Ocean Mile condominium Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale
Pool views Galt Ocean Mile condominium Galt Ocean Club 3800 Galt Ocean Drive

Galt Ocean Club
Condos for Sale

The following market report is for the 8 x Galt Ocean Club 3800 Galt Ocean Drive condos for sale – the number of Galt Ocean Club condos for sale is up from 6 units for sale as in our last post for April 2020 / May 2020

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

BEDS / BATHS LA LP$
Min 1 / 1 802 $239,900
Max 3 / 3 2,100 $749,900
Avg 2 / 2 1,086 $372,425
Median 1 / 1 825 $259,900

We can see from this market report that the average price for a Galt Ocean Club condos 3800 Galt Ocean Drive for sale is $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 $259,900 – this being for a 1 bedroom 1 bathroom unit of 825 square feet

In our last post the median price for a condo for sale here in Galt Ocean Club was lower at $250,400 – 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 $245,900 $298.00
2 / 2 1,256 $492,000 $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 $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 – In our last post the median price for 1 Bedroom Galt Ocean Club condos for sale was the same 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 $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 – 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 $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

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 post 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 Galt Ocean Mile condo Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale just listed for sale - Unit 1105
Galt Ocean Mile condo Galt Ocean Club 3800 Galt Ocean Drive Fort just listed for sale #1105

Galt Ocean Club
New Listings

In the last 30 days there have been just 2 new listings of Galt Ocean Club 3800 Galt Ocean Mile condos for sale – both of which are 2 bedroom units!

This is up from no new listings as in our last post!

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

BEDS / BATHS LA LP$
Unit 1105 2 / 2 1,172 $585,000
Unit 211 2 / 2 1,340 $399,000

We can see from this report that:

Unit 1105 a 2 bedroom Galt Ocean Club condo has just been listed for sale for $585,000this 2 bedroom 2 bathroom 1172 square foot unit has a list price to square foot price of $499.00

This Galt Ocean Mile condo for sale is a fully renovated unit with direct ocean views.   The condo is offered for sale fully furnished and is equipped with all the essentials to make this your dream vacation or permanent home.   The unit has lots of closet space!

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

This Galt Ocean Mile condo for sale is an investment opportunity.  This is the lowest priced 2 bedroom / 2 bathroom condo in the building with option to have a 3rd bedroom.   You can rent immediately and the unit can be rented up to 4 times a year for a minimum of 91 days

Pending Sales

There are currently no condos under contract and pending sale here in Galt Ocean Club Fort Lauderdale

In our last post there was 1 unit pending sale – this being Unit 1014 a 1 bedroom condo!


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

Galt Ocean Club Sales
Last 6 Months

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

The market summary report for these 4 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 $368,250
Median 1 / 1 1,143 $366,500

We can see from this report that the average sales price for Galt Ocean Club condos sold over the last 6 months has been $368,250 – 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 $366,500this being based on a 1 bedroom 1 bathroom unit of 1,143 square feet! 

In our last post the median sales price for condos sold over the preceding 6 months was higher at $389,000 – this being based on a 2 bedroom 2 bathroom unit of 1,157 square feet! 

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 down from $417.00 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 94%
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 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 94% of that amount or $376,000.

It is important to note that this is down from 94 as in our prior post!

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 297
Median 263

We can see from this report that the average days on market is 181 days or just over 6 months – this is well down from 297 days or just under 10 months as in our last post!

We can also see from this report that the median days on market is 263 days or just under 9 months – this is well up from 91 days or just over 3 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 4 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 1604 1 / 1 802 $268,000
Unit 1014 1 / 1 825 $240,000

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 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 8 units for sale!

Sales over the last few months have been impacted by the Corona Virus! 

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