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

Galt Ocean Club Condos

Galt Ocean Club Condos
3800 Galt Ocean Mile
2021 Pricing Guide

Welcome to our March 2021 / April 2021 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 5 x direct oceanfront condos for sale in this great Galt Ocean Mile complex – 1 of which is a new listing.

There have been 5 units sold here over the last 6 months and 4 units are currently 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

  • 5 x Condos for Sale
    Prices from $270,000 – $749,900 

Median Sales Prices

  • 5 Sales Last 6 Months
    – Prices from $229,900 – $548,000
  • Median Sales Price to Sq Ft Price $378.00
  • Median Sales to List Price 94%
  • Median Days on Market 64 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 5 x Galt Ocean Club 3800 Galt Ocean Drive condos for sale – the number of units for sale is well down from 9 x Galt Ocean Club condos for sale as in our last post for December 2020 / January 2021

Our market analysis report for these 5 units is presented below:

BEDS / BATHS LA LP$
Min 0 / 1 644 $270,000
Max 3 / 3 1,350 $749,900
Avg 2 / 2 1,060 $454,380
Median 2 / 2 1,143 $424,000

We can see from this market report that the average price for Galt Ocean Club condos 3800 Galt Ocean Drive for sale is $454,380 – this being for a 2 bedroom 2 bathroom unit of 1060 square feet

In our last post the average price for a Galt Ocean Club condos 3800 Galt Ocean Drive for sale was lower at $402,278 – this being for a 2 bedroom 2 bathroom unit of 1112 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 $424,000 – this being for a 2 bedroom 2 bathroom unit of 1143 square feet

In our last post the median price for a condo for sale here in Galt Ocean Club was higher at $449,000 – this being for a 2 bedroom 2 bathroom unit of 1143 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
0 / 1 644 $270,000 $419.00
1 / 1 825 $289,000 $350.00
2 / 2 1,340 $424,000 $316.00
3 / 2 1,246 $644,450 $528.00

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

Galt Ocean Club Studios for sale is $270,000 this being for a 1 bedroom 1 bathroom 644 square foot unit with a list price to square foot price of $419.00 

1 Bedroom Galt Ocean Club condos for sale is $289,000 – this being for a 1 bedroom 1 bathroom 825 square foot unit with a list price to square foot price of $350.00 

2 Bedroom Galt Ocean Club condos for sale is $424,000 this being for a 2 bedroom 2 bathroom 1340 square foot unit with a list price to square foot price of $316.00

3 Bedroom Galt Ocean Club condos for sale is $644,450 – this being for a 3 bedroom 2 bathroom 1246 square foot unit with a list price to square foot price of $528.00

View Galt Ocean Mile condo Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale just listed for sale Unit 512
Galt Ocean Mile condo Galt Ocean Club 3800 Galt Ocean Drive just listed for sale Unit 512

Galt Ocean Club
New Listings

In the last 30 days there has been 1 new listing of a Galt Ocean Club 3800 Galt Ocean Mile condo for sale – this is up from no new listings as in our last 2 posts!

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

BEDS / BATHS LA LP$
Unit 512 1 / 1 825 $289,000

We can see from this report that Unit 512 a 1 bedroom Galt Ocean Club condo has just been listed for sale for $289,000this 1 bedroom 1 bathroom 825 square foot Galt Ocean Mile condo for sale has a list price to square foot price of $350.00

Unit 512 is totally remodeled.   

This condo features: a new kitchen, stainless steel appliances, marble counters and the bathroom is all new with a marble vanity.

View Galt Ocean Mile condo Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale pending sale Unit 1101
View Galt Ocean Mile condo Galt Ocean Club 3800 Galt Ocean Drive Fort Lauderdale pending sale Unit 1101

Pending Sales

There are currently 4 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 4 units pending sale is presented below:

BEDS / BATHS LA LP$
Unit 1101 2 / 2 1,143 $449,000
Unit 1603 1 / 1 850 $289,000
Unit 612 1 / 1 825 $244,900
Unit 302 0 / 1 644 $199,900

We can see from this report that:

Unit 1101 a 2 bedroom Galt Ocean Club condo listed for $449,000 is now pending salethis 2 bedroom 2 bathroom 1143 square foot unit has a list price to square foot price of $393.00

Unit 1101 offers direct ocean views. This Galt Ocean Mile condo for sale is fully furnished and equipped with all the essentials to make this your dream vacation or permanent home. The unit has lots of closet space. 

Unit 1603 a 1 bedroom Galt Ocean Club condo listed for $289,000 is now pending salethis 1 bedroom 1 bathroom 850 square foot unit has a list price to square foot price of $340.00

Unit 1603 is a beautiful oceanfront condo with ocean view.  This Galt Ocean Mile condo’s kitchen and both bathrooms were recently upgraded. The unit is fully furnished and includes wall unit with TV.

Unit 612 a 1 bedroom Galt Ocean Club condo listed 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

Unit 612 offers a view of intracoastal.  This Galt Ocean Mile condo for sale has new impact windows!

Unit 302 a Galt Ocean Club studio condo listed for $199,900 is now pending salethis 1 bathroom 644 square foot unit has a list price to square foot price of $310.00

Unit 302 is a very large studio apartment with a direct ocean view. This Galt Ocean Mile condo has an East facing balcony overlooking the tennis court.


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 1105
Galt Ocean Mile condo Galt Ocean Club 3800 Galt Ocean Drive recently sold Unit 1105

Galt Ocean Club Sales
Last 6 Months

There have been 5 x Galt Ocean Club 3800 Galt Ocean Mile condos sold over the last 6 months – this is up slightly 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 5 units is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 802 $229,900
Max 2 / 2 1,172 $548,000
Avg 2 / 2 1,023 $401,680
Median 2 / 2 1,143 $420,000

We can see from this report that the average sales price for Galt Ocean Club condos sold over the last 6 months has been $401,680 – this for a 2 bedroom 2 bathroom unit of 1,023 square feet!

In our last post the average sales price for Galt Ocean Club condos sold over the preceding 6 months was higher at $479,975 – this being for a larger 2 bedroom 2 bathroom unit of 1,450 square feet!

We can also see from this report that the median sales price for condos sold over the last 6 months has been $420,000this being for on a 2 bedroom 2 bathroom unit of 1143 square feet! 

In our last post the median sales price for condos sold over the preceding 6 months was lower at $400,000– this being for a 1 bedroom 1 bathroom unit of 825 square feet! 

Important to note is that the most expensive unit sold  – sold for $548,000 – this being for a 2 bedroom 2 bathroom unit

Galt Ocean Club
Sales Prices by Bedroom

Here is our market summary report which gives you median sales prices by bedroom for Galt Ocean Club 3800 Galt Ocean Mile condos sold over the last 6 months by bedroom!

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 813 $270,700 $334.00
2 / 2 1,172 $499,000 $397.00

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

1 Bedroom Galt Ocean Club condos sold over the last 6 months is $270,700 this being for a 1 bedroom 1 bathroom 813 square foot unit with a sales price to square foot price of $334.00

2 Bedroom Galt Ocean Club condos sold over the last 6 months is $499,000 – this being for a 2 bedroom 2 bathroom 1172 square foot unit with a sales price to square foot price of $397.00

There have been no 3 Bedroom Galt Ocean Club condos sold over the last 6 months – In our last post the median sales price for 3 bedroom Galt Ocean Club condos sold over the preceding 6 months was $890,000 – this being for a 3 bedroom 3 bathroom 3000 square foot unit with a sales price to square foot price of $297.00

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 $279.00
Max $426.00
Avg $365.00
Median $378.00

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 $378.00 per square foot

We can also see the highest square foot price paid at $426.00!

% 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 94%
Max 100%
Avg 96%
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.

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 3
Max 167
Avg 81
Median 64

We can see from this report that the average days on market is 81 days or just under 3 months

We can also see from this report that the median days on market is 64 days or just over 2 months – this is down from 103 days as 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 5 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 1105 2 / 2 1,172 $548,000
Unit 205 2 / 2 1,172 $499,000
Unit 301 2 / 2 1,143 $420,000
Unit 607 1 / 1 802 $311,500
PH 7 1 / 1 825 $229,900

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 1105 a 2 bedroom unit which sold for $548,000.

Unit 1105 is a 2 bedroom 2 bathroom 1172 square foot condo.

Unit 1105 sold for 94% of its list price and had just 64 days on market or just over 2 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 nice range of direct oceanfront condos for sale here in Galt Ocean Club with 5 units for sale – a mix of studio, 1, 2 & 3 Bedroom units!

Sales for much of 2020 had been slow – being directly impacted by the Corona Virus.  

So I am expecting to report that we have had 5 sales over the last 6 months and also that we now have 4 units 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