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
Edgewater Arms has 86 units with 1 and 2 bedroom options – units have spectacular views.
Galt Ocean Mile – Key Statistics
Edgewater Arms Condominium complex Fort Lauderdale, Florida
Address: 3600 Galt Ocean Dr, Fort Lauderdale, FL 33308
- 2 Units Currently for Sale
- Median List Price $393,944
– 2 Bedroom 2 Bathroom Unit
Sales Data Last 6 Months
- Median Sales Price $282,450
– 1 Bedroom 1 Bathroom Unit
- Sales Price to Sq Ft Price $265.00
- Sales Price to List Price 94%
- Days on Market 85
Address: 3600 Galt Ocean Dr. Fort Lauderdale, FL 33308
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
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!
Let me put my 14 years of experience to work for you.
Call or email me today
Kevin Wirth – Realtor
Edgewater Arms Galt Ocean Mile
May 2019 / June 2019 Blog
There are currently 2 condos for sale in this complex.
There has been 4 sales of a Galt Ocean Mile condo in this complex 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 Edgewater Arms – Important information for both buyers and sellers!
Edgewater Arms Feb / March 2018 Post
Edgewater Arms Dec 2017 / Jan 2018
Edgewater Arms Oct / Nov 2017 Post
Edgewater Arms August / Sept 2017 Post
Edgewater Arms June / July 2017
Edgewater Arms April / May 2017
Edgewater Arms Feb / March Post
Edgewater Arms Dec 2016 / Jan 2017
Edgewater Arms Oct / Nov 2016 Post
Edgewater Arms Aug / Sept 2016 Post
Edgewater Arms May / June 2016 Post
Edgewater Arms Feb / March 2016 Post
Dec 2015 / Jan 2016 Edgewater Arms Post
Nov / Dec 2015 Edgewater Arms Post
Sept / Oct 2015 Edgewater Arms Post
Aug / Sept 2015 Edgewater Arms Post
June / July 2015 Edgewater Arms Post
April / May 2015 Edgewater Arms Post
Feb / March 2015 Edgewater Arms Post
Dec 2014 / Jan 2015 Edgewater Arms Post
November 2014 Edgewater Arms Post
October 2014 Edgewater Arms Post
September 2014 Edgewater Arms Post
August 2014 Edgewater Arms Post
July 2014 Edgewater Arms Post
June 2014 Edgewater Arms Post
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 dropped – down 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 $330,000 set in 2010!
2018 Condo Sales
In 2018 there were just 3 x Galt Ocean Mile condos sold here in Edgewater Arms – a mix of 1 bedroom and 2 bedroom units!
This was well down from the 6 sales in Edgewater Arms in 2017!
Here is our market summary based on the sales of these 3 condos in Edgewater Arms Fort Lauderdale in 2018.
|BEDS / BATHS||LA||SP$|
|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 $318,000 – this 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 $264,900 – this 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 $334,500 – this being for a 2 bedroom 2 bathroom unit of 1266 square feet with a sales price to square foot price of $266.00
More on Edgewater Arms Sales Price in 2018
More on Edgewater Arms Sales Prices in 2017
More on Edgewater Arms Sales Prices in 2016
More on Edgewater Arms Sales Prices in 2015
More on Edgewater Arms Sales Prices in 2014
More on Edgewater Arms Sales Prices in 2013
Galt Ocean Mile Condos
2018 Pricing by Bedroom
The following report shows the breakdown of median sales prices for direct oceanfront Galt Ocean Mile / Zip 33308 condos by bedroom for 2018
|BEDS / BATHS||LA||SP$||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
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’Hermitage – South Point
– The Commodore – Playa Del Sol
– Royal Ambassador – Edgewater Arms
– Riviera – Regency Tower
– Regency Tower South – Galt Ocean Club
– Playa Del Mar – Ocean Summit
– Ocean Club – The Galleon
– L’Ambiance Beach – Galt Towers
– Plaza South – Plaza East
Edgewater Arms / Galt Ocean Mile
Edgewater Arms 1 Bedroom units – Smaller 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 $332.00 per square foot
Edgewater Arms is a “striking” mid-century building – with that sought after mid-century modern “twist”.
Built in 1958 Edgewater Arms was one of the first condos built on Galt Ocean Mile and all units offer superb ocean views.
The design of the building is a major factor in units having such incredible ocean views. The building when looked at from the air is almost like an “X” – and with it absolute “‘forward” position each and every unit is assured of ocean and beach views.
Another “clever” design feature of this complex is the position of the pool – you can see from the photo that the pool is to the left side of the building and is set in such a way that both the pool and sun deck maximize the sun – for almost all of the day.
Besides the Heated pool – You will love the “open AND covered” patio area – see the photo above – perfect for both sun and shade lovers.
The complex has a really nice BBQ/Grill and a picnic area overlooking the pool and beach. There is newer patio furniture, BBQ and shuffleboard.
Edgewater Arms has undergone recent “updates” as part of its
40 year restoration – besides the new pool and furniture etc the lobby was updated and new elevators were installed.
Other Amenities include: Doorman-security, a meeting room, library and extra storage is available in the building
The complex has open parking and there is also ample guest parking.
However as the complex enjoys a great Galt Ocean Mile location, no car is necessary as it is an easy walk to everything and the complex has direct beach access too! Look at this photo of the beach outside the complex!
With one and two bedroom condos for sale purchasing a unit here in Edgewater Arms opens the door to a truly wonderful lifestyle.
Edgewater Arms Condos
2018 Most Expensive Sale
Here is the market analysis report for the most expensive unit sold here in Edgewater Arms Fort Lauderdale in 2018
|CONDO||BEDS / BATHS||LA||SP$|
|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.
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