View Galt Ocean Mile condo sold 2018 Galt Towers 4250 Galt Ocean Drive Fort Lauderdale, Florida

Galt Towers Fort Lauderdale 2018 Summary

Welcome to our review of 2018 sales for Galt Towers Condos Fort Lauderdale – here on our famous Galt Ocean Mile.

In 2018 there were 9 x Galt Towers Fort Lauderdale condos sold – down from 13 x Galt Towers condos sold in 2017!

Galt Towers Condos
2018 Prices by Bedroom

Here is a pricing guide based on all median sales prices for condos in Galt Towers in 2018.

BEDS / BATHS LA SP$ SP$/SqFt
0 / 1 450 $218,000 $484.00
1 / 1 900 $238,500 $247.00
2 / 2 1,350 $334,000 $259.00

We can see from this report that:

Galt Towers Studio units – median sales price $218,000 – this being for a unit of 450 square feet with a list price to square foot price of $484.00 – In 2017 the median sales price for Galt Towers studios sold was lower at $199,999 – this being for a unit of 500 square feet with a list price to square foot price of $400.00

Galt Towers 1 Bedroom units – median sales price $238,500 for a 1 bed/1 bath unit of 900 square feet with a list price to square foot price of $247.00 – In 2017 the median sales price for Galt Towers 1 Bedroom units sold was a little lower at $232,500 – this being for a 1 bed/1 bath unit of 988 square feet with a list price to square foot price of $230.00

Galt Towers 2 Bedroom units – median sales price $334,000 for a 2 bed/2 bath unit of 1350 square feet with a list price to square foot price of $259.00 – In 2017 the median sales price for Galt Towers 2 Bedroom units sold was higher at $370,000 – this being for a 2 bed/2 bath unit of 1350 square feet with a list price to square foot price of $257.00

View Galt Towers condominium - 4250 Galt Ocean Drive Fort Lauderdale FL
View Galt Towers condominium – 4250 Galt Ocean Drive Fort Lauderdale FL

Galt Towers
Studios

In 2018 there was 1 studio unit sold here in Galt Towers

Our market analysis report for this unit is presented below.

BEDS / BATHS LA SP$
Median 0 / 1 450 $218,000

We can see from this report that the sales price for the studio unit sold here in Galt Towers in 2018 was $218,000 – this being for a 1 bedroom 1 bathroom unit of 450 square feet with a sales price to square foot price of $484.00

Also important to note is that:

  • the sales price to list price was 104%  – or 4% above list price!
  • the days on market was just 11 days – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!

Galt Towers
1 Bedroom Condos

In 2018 there were 4 x 1 bedroom units sold here in Galt Towers – down from 8 x 1 bedroom units sold in 2017

Our market analysis report for these units is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 850 $198,000
Max 1 / 1 1,047 $250,000
Avg 1 / 1 924 $231,250
Median 1 / 1 900 $238,500

We can see from this report that the average price for a 1 bedroom unit sold here in Galt Towers in 2018 was $231,250 – this being for a 1 bedroom 1 bathroom unit of 924 square feet with a sales price to square foot price of $251.00

We can also see that the median sales price for a 1 bedroom condo unit sold in 2018 was $238,500 – this being for a unit of 900 square feet with a sales price to square foot price of $247.00

Important to note is that range of prices for 1 bedroom condo sales – which range from a low of $198,000 to a high of $250,000.

Also important to note is that:

  • the median sales price to list price was 96% 
  • the median days on market was 74 days or just under 11 weeks – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!

Galt Towers
2 Bedroom Condos

In 2018 there were 4 x 2 bedroom units sold here in Galt Towers – the same number of 2 bedroom units as sold in 2017!

Our market analysis report for these units is presented below.

BEDS / BATHS LA SP$
Min 2 / 2 1,350 $285,000
Max 2 / 2 1,350 $405,000
Avg 2 / 2 1,350 $339,500
Median 2 / 2 1,350 $334,000

We can see from this report that the average price for a 2 bedroom unit sold here in Galt Towers in 2018 was $339,500 – this being for a 2 bedroom 2 bathroom unit of 1350 square feet with a sales price to square foot price of $257.00

We can also see that the median sales price for a 2 bedroom condo unit sold in 2018 was $334,000 – this being for a unit of 1350 square feet with a sales price to square foot price of $259.00

Important to note is that range of prices for 2 bedroom condo sales – which range from a low of $285,000 to a high of $405,000!

Also important to note is that:

  • the median sales price to list price was 92%  – It is important to note that this is well down from 97% in 2017
  • the median days on market was just 30 days or approx 1 month – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!

Galt Towers Condos
2018 Most Expensive Sale

Here is the market analysis report for the most expensive unit sold here in Galt Towers in 2018

BEDS / BATHS LA SP$ SP$/SqFt
2 / 2 1,350 $405,000 $300.00

We can see from this report that a 2 bedroom unit sold for $405,000 in 2018  – this was the highest price paid for a unit in 2018 here in Galt Towers.  The unit was a 2 bedroom 2 bathroom condo of 1350 square feet

We feature this Galt Towers condo unit below:

Galt Towers Condo Unit 3U
Offered for Sale $435,000

This Galt Ocean Mile condo is a direct oceanfront South-East corner unit!

The condo has been remodeled and features: Stainless Steel appliances, a California closet in master bedroom and a separate office in second bedroom. One bedroom currently being used as den / guest room and can easily be changed back.

The unit has plenty of windows throughout including the bathroom from which to enjoy the ocean views. The ocean can be seen from all areas of the home.

The kitchen has been remodeled and partial remodel in the bathrooms. This is truly a very bright and airy home with a spacious balcony to enjoy the warm ocean breezes, or watch the sunrise

This Galt Towers Condo – Unit 3U sold on 21st of December 2018 for $405,000 – making this unit the most expensive sale in 2018

This unit also sold for $300.00 per square foot and had just 9 days on the market – very fast!

Galt Towers Condos
2018 Highest Square Foot Price

Here is the market analysis report for the unit sold with the highest square foot price here in Galt Towers in 2018

BEDS / BATHS LA SP$ SP$/SqFt
0 / 1 450 $218,000 $484.00

We can see from this report that a studio unit sold for $218,000 in 2018  – this unit sold for the highest square foot price paid for a unit in 2018 here in Galt Towers

The unit was a 1 bathroom condo of 450 square feet

We feature this Galt Towers unit below:

Galt Towers Condo Unit 1K
Offered for Sale $210,000

This Galt Ocean Mile condo is a WOW!

This studio is completely furnished and ready for your South Florida Living Experience.

The unit features an 11 foot ceiling and is light, bright and contemporary!

The unit has the “cutest kitchen” and ample storage. It’s 1st floor location provides simple, easy access to the unit and all building amenities, including direct to the Pool & Beach

This Galt Towers Condo – Unit 1K sold on 25th of July 2018 for $218,000 (above list price) and it had sales price to square foot price of $484.00  which was the highest square foot price paid for a unit in Galt Towers in 2018!

This unit had just 11 days on market

Galt Towers
Condo Sales 2018

Here is a summary of all units sold here in Galt Towers Fort Lauderdale in 2018 – starting with the highest sale and working down to the lowest priced sale for the year.

CONDO BEDS / BATHS LA SP$
Unit 3U 2 / 2 1,350 $405,000
Unit 6A 2 / 2 1,350 $350,000
Unit 5H 2 / 2 1,350 $318,000
Unit 2T 2 / 2 1,350 $285,000
Unit 9N 1 / 1 1,047 $250,000
Unit 2P 1 / 1 950 $242,000
Unit 9F 1 / 1 850 $235,000
Unit 1K 0 / 1 450 $218,000
Unit 7G 1 / 1 850 $198,000

We can see from this report the data for each unit including bedrooms, full bathrooms, square footage and final sales price.

Kevin_Wirth_on_Galt_Ocean_Mile

I hope you have enjoyed this post on 2018 sales for Galt Towers condos Fort Lauderdale.

Kevin Wirth – Realtor
954-459-0337