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The Commodore Fort Lauderdale 2016 Summary

Commodore Condos
Fort Lauderdale Florida

Here is our 2016 sales summary for The Commodore Condos Fort Lauderdale – here on Galt Ocean Mile.

We review median sales prices, median sales prices by bedroom and then compare sales prices to sales prices for condos here on Galt Ocean Mile.

Search Commodore Condos for Sale Fort Lauderdale

Galt Ocean Mile Condos for Sale

 

The Commodore Condos
2016 Prices By Bedroom

Here is a pricing guide based on all sales of Galt Ocean Mile condos in The Commodore in 2016.

We can see from this report that:

Beds/Baths SF/FF Sale Price SP$/SqFt
1 / 1 1,088 $276,500 $254
2 / 2 1,653 $430,000 $266
3 / 2 2,123 $750,000 $353


The Commodore 1 Bedroom condos had a median sales price of $276,500
this being for a 1 bedroom /1.5 bathroom unit of 1088 square feet with a list price to square foot price of $254.00.  In 2015 the median sales price for Commodore 1 bedroom units was slightly lower at $272,000 – this being for a 1 bedroom /1.5 bathroom unit of 1115 square feet with a list price to square foot price of $274.00.

The Commodore 2 Bedroom condos had a median sales price of $430,000this being for a 2 bedroom /2 bathroom unit of 1653 square feet with a list price to square foot price of $266.00.  In 2015 the median sales price for Commodore 2 Bedroom units was $22,000 lower at $408,000 – this being for a 2 bedroom /2 bathroom unit of 1635 square feet with a list price to square foot price of $263.00.

The Commodore 3 Bedroom condos had a median sales price of $750,000this being for a 3 bedroom /2 bathroom unit of 2123 square feet with a list price to square foot price of $353.00.  In 2015 the median sales price for Commodore 3 Bedroom units was $42,500 lower at $707,500 – this being for a 3 bedroom /2 bathroom unit of 2123 square feet with a list price to square foot price of $370.00.

The Commodore offers great value for oceanfront condo units here in Galt Ocean Mile / Fort Lauderdale

Kevin Wirth Realtor

Buying Selling?

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Kevin Wirth – Realtor
954-459-0337

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View of one of The Commodore condos for sale here in Fort Lauderdale
View of one of The Commodore condos for sale in 2016

The Commodore
1 Bedroom Condos

There were 6 x 1 bedroom condos sold here in The Commodore Fort Lauderdale in 2016.

Here is our market summary for 1 bedroom condos sold in 2016: 

 $$ Beds/Baths SF/FF Sale Price
High 1 / 1 1,115 $345,000
Low 1 / 1 1,088 $265,000
Avg 1 / 1 1,094 $286,333
Med 1 / 1 1,088 $276,500

We can see from this report that the average sales price for a Galt Ocean Mile condo sold here in The Commodore in 2016 was $286,333 – this being for a 1 bedroom 1 bathroom 1094 square foot unit with a sales price to square foot price of $260.00

We can see that the median sales price for 1 bedroom Galt Ocean Mile condos sold here in The Commodore in 2016 was $276,500this being for a 1 bedroom 1 bathroom 1094 square foot unit with a sales price to square foot price of $254.00

Also important to note is that the:

  • Median sales price to list price for 1 bedroom condos sold here in The Commodore in 2016 was 91%
  • Median days on market for 1 bedroom condos sold here in The Commodore in 2016 was 93 days – days on market is the time from the date the condo was listed for sale till the date the unit closed and sold.

The Commodore
2 Bedroom Condos

There were 3 x 2 bedroom condos sold here in The Commodore Fort Lauderdale in 2016.

Here is our market summary for 2 bedroom condos sold in 2016: 

 $$ Beds/Baths SF/FF Sale Price
High 2 / 2 1,687 $450,000
Low 2 / 2 1,619 $369,000
Avg 2 / 2 1,653 $416,333
Med 2 / 2 1,653 $430,000

We can see from this report that the average sales price for 2 bedroom Galt Ocean Mile condos sold here in The Commodore in 2016 was $416,333 – this being for a 2 bedroom 2 bathroom 1653 square foot unit with a sales price to square foot price of $250.00

We can also see that the median sales price for 2 bedroom Galt Ocean Mile condos sold here in The Commodore in 2016 was $430,000this being for a 2 bedroom 2 bathroom 1653 square foot unit with a sales price to square foot price of $266.00

Also important to note is that the:

  • Median sales price to list price for 2 bedroom condos sold here in The Commodore in 2016 was 96%
  • Median days on market for 2 bedroom condos sold here in The Commodore in 2016 was 230 days or just under 8 months – days on market is the time from the date the condo was listed for sale till the date the unit closed and sold.

The Commodore
3 Bedroom Condos

There were 3 x 3 bedroom condos sold here in The Commodore Fort Lauderdale in 2016.

Here is our market summary for 3 bedroom condos sold in 2016: 

 $$ Beds/Baths SF/FF Sale Price
High 3 / 2 2,123 $970,000
Low 3 / 2 2,123 $635,000
Avg 3 / 2 2,123 $785,000
Med 3 / 2 2,123 $750,000

We can see from this report that the average sales price for 3 bedroom Galt Ocean Mile condos sold here in The Commodore in 2016 was $785,000 – this being for a 3 bedroom 2 bathroom 2123 square foot unit with a sales price to square foot price of $370.00

We can also see that the median sales price for 3 bedroom Galt Ocean Mile condos sold here in The Commodore in 2016 was $750,000this being for a 3 bedroom 2 bathroom 2123 square foot unit with a sales price to square foot price of $353.00

Also important to note is that the:

  • Median sales price to list price for 3 bedroom condos sold here in The Commodore in 2016 was 98%
  • Median days on market for 3 bedroom condos sold here in The Commodore in 2016 was just 37 days – days on market is the time from the date the condo was listed for sale till the date the unit closed and sold.
The Commodore Fort Lauderdale condo sales 2006-2016 - 2 Bedroom Units
The Commodore Fort Lauderdale condo sales 2006-2016 – 2 Bedroom Units

The Commodore
2006 – 2016 Sales

Here is our pricing summary based on sales of 2 bedroom condos here at The Commodore Fort Lauderdale between 2006 – 2016

 Median Beds/Baths SF/FF Sale Price
2016 2 / 2 1,653 $430,000
2015 2 / 2 1,635 $408,000
2014 2 / 2 1,716 $370,000
2013 2 / 2 1,664 $405,000
2012 2 / 2 1,656 $340,000
2011 2 / 2 1,649 $310,000
2010 2 / 2 1,750 $335,000
2009 2 / 2 1,625 $350,000
2008 2 / 2 1,662 $272,500
2007 2 / 2 1,610 $411,000
2006 2 / 2 1,619 $508,000

We can see from this report that the lowest median price for a 2 bedroom condo here at The Commodore was $272,500 – which was recorded in 2008.

We can also see from this report that the highest median sales price for a 2 bedroom condo here at The Commodore was $508,000 – which was recorded in 2006. 

It is important to note that now in 2016 that the median sales price for a 2 bedroom unit here at The Commodore has been $430,000 – which is almost $80,000 less than the high recorded in 2006.

More on The Commodore Condo Sales Prices in 2015
More on The Commodore Condo Sales Prices in 2014
More on The Commodore Condo Sales Prices in 2013

View of Galt Ocean Mile Beach and Condominiums
View of Galt Ocean Mile Beach Condominiums and The Commodore

Galt Ocean Mile Condos
2016 Pricing by Bedroom

The following report shows the breakdown of median prices for direct oceanfront Galt Ocean Mile / Zip 33308 condos for sale – by bedroom for 2016

Beds/Baths SF/FF Sale Price SP$/SqFt
0 / 1 320 $205,000 $605
1 / 1 1,076 $287,000 $267
2 / 2 1,662 $455,000 $291
3 / 2 2,260 $780,000 $390
4 / 4 3,970 $907,500 $277

We can see from this report that in 2016:

Studios – median price $205,000 for a unit of 320 square feet with a sales price to square foot price of $605.00

1 Bedroom units – median price $287,000 for a 1 bed / 1 bath unit of 1076 square feet with a sales price to square foot price of $267.00

2 Bedroom units – median price $455,500 for a 2 bed / 2 bath unit of 1662 square feet with a sales price to square foot price of $291.00

3 Bedroom units – median price $780,000 for a 3 bed / 2 bath unit of 2260 square feet with a sales price to square foot price of $390.00

4 Bedroom units – median price $907,500 for a 4 bed / 4 bath unit of 3970 square feet with a sales price to square foot price of $277.00

Fort Lauderdale Luxury Condos as seen from the Galt Ocean Mile Beach

Galt Ocean Mile Condominiums

Here are links to all the Galt Ocean Mile condominiums – links on our website.  

From each of these pages you can search units for sale, read our latest blogs on units for sale, recent sales and sales prices as well as get a great overview of each of the condominiums.

L’HermitageSouth Point
– The Commodore – Playa Del Sol
Royal AmbassadorEdgewater Arms
RivieraRegency Tower
Regency Tower SouthGalt Ocean Club
Playa Del MarOcean Summit
Ocean ClubThe Galleon
L’Ambiance BeachGalt Towers
Plaza SouthPlaza East

 

2016 Commodore
to Galt Ocean Mile Condos

Here we compare the data for Commodore condos to Galt Ocean Mile condos – based on median sales prices for all of 2016

Commodore 1 Bedroom units  Similar Units/Lower Price 

Commodore 1 bedroom units with a median price $276,500 offer a similar sized unit at 1088 square feet vs the median of 1076 square feet for 1 bedroom Galt Ocean Mile condos.

The median sales price of a 1 bedroom Galt Ocean Mile condos is however higher at $287,000.

Commodore 2 Bedroom units Similar Units/Lower Price

Commodore 2 bedroom units with a median price $430,000 for a 2 bedroom / 2 bathroom unit of 1653 square feet are the similar sized units as is the median for 2 bedroom Galt Ocean Mile Condos at 1662 square feet

The median sales price for a 2 bedroom Commodore condos is a lower price than the median for 2 bedroom Galt Ocean Mile condos at $455,000!

Commodore 3 Bedroom units Smaller Units/Lower Price 

Commodore 3 bedroom units with a median price $750,000 for a 3 bedroom / 2 bathroom unit of 2123 square feet are a little smaller units than the median for a 3 Bedroom Galt Ocean Mile condo at 2260 square feet.

The median sales price 3 bedroom Commodore condos is however a lower price than the median for sales price for 3 bedroom Galt Ocean Mile condos at $780,000 and this is for a 3 bathroom unit!

My perspective on Condos in The Commodore

The Commodore offers a great range of condo options on Galt Ocean Mile and units have great floor plans and nice balcony spaces.

If you’re looking for a condo here in Ft Lauderdale then visiting units for sale in The Commodore is well worth the time!

The Commodore
Most Expensive Sale 2016

Here is the market analysis report for the most expensive unit sold here in The Commodore in 2016

Beds/Baths SF/FF Sale Price SP$/SqFt
3 / 2 2,123 $970,000 $457

We can see from this report that a 3 bedroom condo – unit 1407 sold for $970,000 – this 3 bedroom 2 bathroom 2123 square foot unit had a sales price to square foot price of $457.00

Important to note is that the unit sold for 97% of its list price and had just 37 days on market – or less than 1 month! 

We feature this unit below

The Commodore Condo Unit 1407
3430 Galt Ocean Drive
Offered for Sale $999,000

LA: 2123 TA: 0 YR: 1966
BED:3 FBATH: 2

This Luxury Fort Lauderdale condo is a “Magnificent” corner residence with direct ocean views.

This Galt Ocean Mile condo has a fabulous South East exposure.

The unit is spacious and has been professionally renovated. Features include: a gorgeous open kitchen with quartz counter top and distinctive back-splash, high impact glass doors and custom closets.

Another great feature is the spacious laundry room in the unit.

This Luxury Fort Lauderdale condo in The Commodore sold for $970,000 – this was the most expensive sale in 2016 for a unit here in The Commodore.

This unit sold for $457.00 per square foot which was he highest square foot price paid for a condo here in The Commodore in 2016!

Kevin Wirth Realtor

I hope you have enjoyed reading about The Commodore Condos for Sale Fort Lauderdale – Kevin Wirth Realtor – Click here to email me now

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