View Edgewater Arms Fort Lauderdale condo 3600 Galt Ocean Dr, Fort Lauderdale, FL

Edgewater Arms

Edgewater Arms Fort Lauderdale
Condos for Sale

Rising 16 floors, Edgewater Arms Fort Lauderdale condos for sale are all oceanfront units located directly on the beautiful white sandy shores of Ft Lauderdale beach

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Edgewater Arms has 86 units with 1 and 2 bedroom options – units have spectacular views.

Edgewater Arms
Galt Ocean Mile  – Key Statistics
Edgewater Arms Condominium complex Fort Lauderdale, Florida
Address: 3600 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • 1 Unit Currently for Sale 

Sales Data Last 6 Months

  • Median Sales Price $334,500
    – 2 Bedroom 2 Bathroom Unit
  • Sales Price to Sq Ft Price $266.00
  • Sales Price to List Price 94%
  • Days on Market 64

Key Facts

Address: 3600 Galt Ocean Dr. Fort Lauderdale, FL 33308
Built: 1958

Edgewater Arms
Phone:(954) 566-1318

Edgewater Arms is a Co-op.  The building has/had a land lease of 99 years which expires/expired June 15, 2056 – discussions are underway over the terms and renewal of the lease.

There are free laundry facilities on each floor

Condo Rentals range in price from $1900

edgewater-arms-condominium-ft-lauderdale-DSC03601

The Edgewater was the first oceanfront condominium /
co-ops built on Galt Ocean Mile | History of Galt Ocean Mile

The complex has a great oceanfront/beachfront heated pool with direct ocean access – and there is a really nice picnic and BBQ/Grill area too!

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Kevin Wirth Realtor

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Kevin Wirth – Realtor
954-459-0337

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Edgewater Arms Galt Ocean Mile condos for sale: 3600 Galt Ocean Dr, Fort Lauderdale
View of the Edgewater Arms Galt Ocean Mile condos 3600 Galt Ocean Drive Fort Lauderdale

Edgewater Arms Galt Ocean Mile
January / February 2019 Blog

There is currently just 1 condo for sale in this complex. 

There has been 3 sales of Galt Ocean Mile condos in this complex over the last 6 months

These sales are the only sales recorded in the complex over the last year – read more on Edgewater Arms Sales in 2018.

Older Posts
Edgewater Arms Feb / March 2018 Post
Edgewater Arms Dec 2017 / Jan 2018
Edgewater Arms Oct / Nov 2017 Post

Edgewater Arms August / Sept 2017 Post
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Edgewater Arms Dec 2016 / Jan 2017
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Edgewater Arms Galt Ocean Mile condo median sales prices 2010-2018 for 2 Bedroom Units
Edgewater Arms Galt Ocean Mile condo median sales prices 2010-2018 for 2 Bedroom Units

Edgewater Arms
Sales 2010 – 2018

Here is our summary report showing median sales prices for Edgewater Arms Fort Lauderdale 2 bedroom units from 2010 to 2018.

BEDS / BATHS LA SP$
2018 2 / 2 1266 $334,500
2017 2 / 2 1178 $355,000
2016 2 / 2 1675 $315,950
2015 2 / 2 1155 $250,000
2014 2 / 2 1350 $295,000
2013 2 / 2 1143 $222,450
2012 2 / 2 1178 $280,000
2011 2 / 2 1352 $167,500
2010 2 / 2 1824 $330,000

We can see from this report how median sales prices for 2 bedroom units were back on the rise to 2017 since a low of $167,500 in 2011.

In 2018 however median sales prices for 2 bedroom Edgewater Arms condos sold droppeddown from $355,000 in 2017 to $334,500 in 2018 – a decrease of just over $20,000!

It is still important to note that in 2018 with a median sales price of $334,500 for a 2 bedroom unit – prices are still above the median of $330,000 set in 2010!

View Edgewater Arms Galt Ocean Mile condos for sale 3600 Galt Ocean Dr, Fort Lauderdale, FL 33308
iew Edgewater Arms Galt Ocean Mile condos for sale 3600 Galt Ocean Dr

Edgewater Arms
2018 Condo Sales

In 2018 there were just 3 x Galt Ocean Mile condos sold here in Edgewater Arms – a mix of 1 bedroom and 2 bedroom units!

This was well down from the 6 sales in Edgewater Arms in 2017!

Here is our market summary based on the sales of these 3 condos in Edgewater Arms Fort Lauderdale in 2018.

BEDS / BATHS LA SP$
Min 1 / 1 700 $264,900
Max 2 / 2 1,400 $351,000
Avg 2 / 2 1,077 $311,300
Median 2 / 2 1,132 $318,000

We can see from this report that:

The average sales price for Edgewater Arms Fort Lauderdale condos sold in 2018 was $311,300 – this being for a 2 bedroom 2 bathroom unit of 1077 square feet with a sales price to square foot price of $304.00

We can also see that the median sales price for Edgewater Arms Fort Lauderdale condos sold in 2018 was $318,000this being for a 2 bedroom 2 bathroom unit of 1132 square feet with a sales price to square foot price of $281.00

We can also see the the most expensive sale here in Edgewater Arms in 2018 was $351,000 and the least expensive sale was $264,900

Edgewater Arms Fort Lauderdale
2018 Prices by Bedroom

Here is our summary report showing median prices for Edgewater Arms Fort Lauderdale condos sold in 2018 – by bedroom.

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 700 $264,900 $378.00
2 / 2 1,266 $334,500 $266.00

We can see from this report that the median sales prices for:

Edgewater Arms Fort Lauderdale 1 bedroom condos sold in 2018 was $264,900this being for a 1 bedroom 1 bathroom unit of 700 square feet with a sales price to square foot price of $378.00

Edgewater Arms Fort Lauderdale 2 bedroom condos sold in 2018 was $334,500this being for a 2 bedroom 2 bathroom unit of 1266 square feet with a sales price to square foot price of $266.00

More on Edgewater Arms Sales Price in 2018
More on Edgewater Arms Sales Prices in 2017
More on Edgewater Arms Sales Prices in 2016
More on Edgewater Arms Sales Prices in 2015
More on Edgewater Arms Sales Prices in 2014
More on Edgewater Arms Sales Prices in 2013

 

View of Galt Ocean Mile condos including Edgewater Arms from Fort Lauderdale Beach

Galt Ocean Mile Condos
2018 Pricing by Bedroom

The following report shows the breakdown of median sales prices for direct oceanfront Galt Ocean Mile / Zip 33308 condos by bedroom for 2018

BEDS / BATHS LA SP$ SP$/SqFt
0 / 1 430 $175,000 $434.00
1 / 1 1,088 $295,000 $283.00
2 / 2 1,540 $487,500 $332.00
3 / 2 2,140 $856,250 $421.00

We can see from this report that in 2018:

Studios – median sales price $175,000 for a unit of 430 square feet with a sales price to square foot price of $434.00 – In 2017 the median price for a studio was higher $187,499  this being for a larger studio unit of 550 square feet with a sales price to square foot price of $365.00

1 Bedroom units – median sales price $295,000 for a 1 bed / 1 bath unit of 1088 square feet with a sales price to square foot price of $283.00 – In 2017 the median price for a 1 bedroom unit was lower at $270,000 this being for a 1 bed / 1 bath unit of 1047 square feet with a sales price to square foot price of $273.00

2 Bedroom units – median sales price $487,500 for a 2 bed / 2 bath unit of 1540 square feet with a sales price to square foot price of $332.00 – In 2017 the median price for 2 bedroom units was lower at $475,000  this being for a 2 bed / 2 bath unit of 1585 square feet with a sales price to square foot price of $308.00

3 Bedroom units – median sales price $856,250 for a 3 bed / 2 bath unit of 2140 square feet with a sales price to square foot price of $421.00 – In 2017 the median price for a 3 bedroom unit was slightly higher at $857,500  this being for a larger 3 bed / 2 bath unit of 2318 square feet with a sales price to square foot price of $376.00

Fort Lauderdale Luxury Condos as seen from the Galt Ocean Mile Beach
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 CommodorePlaya Del Sol
Royal Ambassador – Edgewater Arms
RivieraRegency Tower
Regency Tower SouthGalt Ocean Club
Playa Del MarOcean Summit
Ocean ClubThe Galleon
L’Ambiance BeachGalt Towers
Plaza SouthPlaza East

View from one of the Edgewater Arms condos for sale Fort Lauderdale
View from one of the Edgewater Arms condos for sale in 2016

Edgewater Arms / Galt Ocean Mile
Comparison Summary

Edgewater Arms 1 Bedroom unitsSmaller Units/Lower Price
Edgewater Arms 1 bedroom units with a median price $264,900 for a 1 bed/1 bath unit of 700 square feet are smaller units than the median for 1 bedroom Galt Ocean Mile Condos at 1088 square feet.

The sales price per square foot at $378.00 is however much more expensive per square foot than for 1 bedroom Galt Ocean Mile Condos at $283.00 per square foot!

Edgewater Arms 2 Bedroom units Smaller Units/Lower Price
Edgewater Arms 2 bedroom units with a median price $334,500 for a 2 bed/2 bath unit of 1266 square feet are smaller units than the median for 2 bedroom Galt Ocean Mile Condos at 1540 square feet.

The sales price per square foot at $266.00 is however much lower per square foot than the median for 2 bedroom Galt Ocean Mile Condos at $332.00 per square foot

Edgewater Arms

Edgewater Arms is a “striking” mid-century building – with that sought after mid-century modern “twist”.

Built in 1958 Edgewater Arms was one of the first condos built on Galt Ocean Mile and all units offer superb ocean views.

View of Edgewater Arms X style wings

The design of the building is a major factor in units having such incredible ocean views. The building when looked at from the air is almost like an “X” – and with it absolute “‘forward” position each and every unit is assured of ocean and beach views.

Another “clever” design feature of this complex is the position of the pool – you can see from the photo that the pool is to the left side of the building and is set in such a way that both the pool and sun deck maximize the sun – for almost all of the day.

Besides the Heated pool – You will love the “open AND covered” patio area – see the photo above – perfect for both sun and shade lovers.

The complex has a really nice BBQ/Grill and a picnic area overlooking the pool and beach. There is newer patio furniture, BBQ and shuffleboard.

Edgewater Arms has undergone recent “updates” as part of its
40 year restoration – besides the new pool and furniture etc the lobby was updated and new elevators were installed.

Other Amenities include: Doorman-security, a meeting room, library and extra storage is available in the building

The complex has open parking and there is also ample guest parking.

However as the complex enjoys a great Galt Ocean Mile location, no car is necessary as it is an easy walk to everything and the complex has direct beach access too! Look at this photo of the beach outside the complex!

With one and two bedroom condos for sale purchasing a unit here in Edgewater Arms opens the door to a truly wonderful lifestyle.

Edgewater Arms Condos
2018 Most Expensive Sale

Here is the market analysis report for the most expensive unit sold here in Edgewater Arms Fort Lauderdale in 2018

CONDO BEDS / BATHS LA   SP$
Unit 7D 2 / 2 1,400 $351,000

We can see from this report that a 2 bathroom condo – Unit 7D sold for $351,000  – this 2 bedroom 2 bathroom 1400 square foot condo sold with a sales price to square foot price of $251.00

Important to note is that the unit sold for 95% of its list price and had just 36 days on market – just over 5 weeks!

We feature this unit below;

Edgewater Arms Co-Op Unit 7D
3600 Galt Ocean Drive
Offered for Sale $370,000

Live your best life here!!

Amazing opportunity!! Owner motivated!!!

This Galt Ocean MIle condo is a gorgeous 2 bedroom 2 bathroom unit with a large open- split floor plan.

You will love the amazing ocean views from all living areas.

This Fort Lauderdale condo in Edgewater Arms sold on the 27th of September 2018 for $351,000  this was the most expensive sale in 2018 for a unit here in Edgewater Arms.

Unit 7D had a sales price to square foot price of $251.00.  

Kevin Wirth Realtor Fort Lauderdale Florida

I hope you have enjoyed reading about  Edgewater Arms Fort Lauderdale Florida Condos for Sale  – Kevin Wirth – Realtor

For more on Edgewater Arms and condo sales here in Fort Lauderdale call me on 954-459-0337 or click this link to email me

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