Ocean Club Fort Lauderdale 2018 Sales Summary

Ocean Club Fort Lauderdale
Condos for Sale

Here is our 2018 sales summary for Ocean Club Fort Lauderdale condos sold. We review median sales prices, prices by bedroom and then compares prices to Galt Ocean Mile condos sold in 2018.

We also provide a report showing all sales Ocean Club Fort Lauderdale condos in 2018 by unit.

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Ocean Club Condos
2018 Prices By Bedroom

Here is a pricing guide based on all sales of Galt Ocean Mile condos in Ocean Club in 2018.

We can see from this report that:

BEDS / BATHS	LA	SP$	SP$/SqFt
2 / 2	1,569	$403,500*	$237.00
3 / 2	1,907	$465,000	$244.00

Ocean Club 2 Bedroom condos had a median sales price of $403,500* – this being for a 2 bedroom / 2 bathroom unit of 1569 square feet with a list price to square foot price of $237.00.

In 2017 the median sales price for Ocean Club 2 Bedroom condos was lower at $395,000 – this being for a 2 bedroom / 2 bathroom unit of 1751 square feet with a list price to square foot price of $235.00.

Note: The median sales price for Ocean Club 2 bedroom condos sold in 2018 also included the sale of 1 unit which was a bank owned foreclosure or REO.
Read more on this below.

Ocean Club 3 Bedroom condos had a median sales price of $465,000 – this being for a 3 bedroom / 2 bathroom unit of 1907 square feet with a list price to square foot price of $244.00.

In 2017 the median sales price for Ocean Club 3 Bedroom condos was much higher at $880,000 – this being for a larger 3 bedroom / 2 bathroom unit of 2345 square feet with a list price to square foot price of $375.00.

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View Ocean Club condominium here on Galt Ocean Mile – 4020 Galt Ocean Dr, Fort Lauderdale

Ocean Club
2 Bedroom Condos

In 2018 there were 8 x 2 Bedroom Ocean Club Fort Lauderdale condos sold here on Galt Ocean Mile – this is well up from the 4 x 2 Bedroom condos sold in 2017.

Here is our market summary report for 2 bedroom Galt Ocean Mile condos sold in Ocean Club in 2018

	BEDS / BATHS	LA	SP$
Min	2 / 2	1,356	$265,125
Max	2 / 2	1,907	$575,000
Avg	2 / 2	1,623	$405,310
Median	2 / 2	1,569	$403,500

We can see from this report that the average price for 2 bedroom Ocean Club condos sold in 2018 was $405,310 – this being for a 2 bedroom 2 bathroom 1623 unit with a sales price to square foot price of $249.00

We can also see from this report that the median sales price for 2 bedroom Ocean Club condos sold in 2018 was $403,500 – this being for a 2 bedroom 2 bathroom 1569 square foot unit with a sales price to square foot price of $237.00

Also important to note is that

the median sales price to list price for 2 bedroom condos was 93%
the median days on market for 2 bedroom condos was 164 days or just over 5 months – this being the date from when the unit was listed for sale till the date the unit sold and closed!

View Galt Ocean Mile condo sold as REO in 2018 Ocean Club Fort Lauderdale - Unit 507 — View Galt Ocean Mile condo sold as REO in 2018 Ocean Club Fort Lauderdale – Unit 507

Ocean Club 2 Bedroom Condos
Adjusted to Exclude REO’s

In 2018 there were 8 x 2 Bedroom Ocean Club Fort Lauderdale condos sold here on Galt Ocean Mile – 1 of these sales was a Bank Owned Foreclosure or REO.

We review this REO sales below and then present a revised summary report for 2 Bedroom Ocean Club condos sold in 2018 – a report that excludes the sale of Unit 507 – the bank owned REO.

Ocean Club – Unit 507
2 Bedroom Bank Owned REO

In 2018 there was one sale of a 2 bedroom unit that was a bank owned foreclose or REO.

Our market analysis report for this unit is presented below.

	BEDS / BATHS	LA	SP$
Median	2 / 2	1,356	$265,125

We can see from this report that Unit 507 sold for $265,125 – well below the median for all 2 bedroom sales in 2018 at $403,500.

Unit 507 was a 2 bedroom 2 bathroom 1356 square foot unit and had a sales price to square foot price of $196.00.

Unit 507 sold for 91.5% of list price and had 165 days on market!

Ocean Club 2 Bedroom Condos
(Excluding REO’s)

iN 2018 there were 7 x 2 bedroom Galt Ocean Mile condos sold in Ocean Club in 2018 – excluding Unit 507 the bank foreclosure / REO

Here is our market summary report for the 7 x 2 bedroom Galt Ocean Mile condos sold in Ocean Club in 2018 – excluding unit 507!

	BEDS / BATHS	LA	SP$
Min	2 / 2	1,514	$330,353
Max	2 / 2	1,907	$575,000
Avg	2 / 2	1,661	$425,336
Median	2 / 2	1,624	$420,000

We can see from this report that the average price for 2 bedroom Ocean Club condos sold in 2018 increased to $425,336 – this being for a 2 bedroom 2 bathroom 1661 unit with a sales price to square foot price of $257.00

We can also see from this report that the median sales price for 2 bedroom Ocean Club condos sold in 2018 also increased to $420,000 – this being for a 2 bedroom 2 bathroom 15624 square foot unit with a sales price to square foot price of $241.00

Also important to note is that

the median sales price to list price for 2 bedroom condos also increased to 94%
the median days on market for 2 bedroom condos dropped ever so slightly from 164 days to 163 days!

View from the 3 bedroom Galt Ocean Mile condo sold in Ocean Club Fort Lauderdale in 2018

Ocean Club
3 Bedroom Condos

In 2018 there was just 1 x 3 Bedroom Ocean Club Fort Lauderdale condos sold here on Galt Ocean Mile – this is the same number of 3 Bedroom condos sold in 2017.

Here is our market summary report for 3 bedroom Galt Ocean Mile condos sold in Ocean Club in 2018

	BEDS / BATHS	LA	SP$
Median	3 / 2	1,907	$465,000

We can see from this report that the sales price for 1 x 3 bedroom Ocean Club condo sold in 2018 was $465,000 – this being for a 3 bedroom 2 bathroom 1907 square foot unit with a sales price to square foot price of $244.00

Also important to note is that

the sales price to list price was 93%
the days on market was very fast at just 4 days – this being the date from when the unit was listed for sale till the date the unit sold and closed!

Ocean Club 2018
Most Expensive Sale

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

BEDS / BATHS	LA	SP$	SP$/SqFt
2 / 2	1,645	$575,000	$350.00

We can see from this report that a 2 bedroom condo – Unit 211 sold for $575,000 – this 2 bedroom 2 bathroom 1645 square foot condo sold for $350.00 per square foot.

We feature this unit below

View most expensive condo sold in 2018 Ocean Club 4020 Galt Ocean Drive - Unit 211 — View most expensive condo sold in 2018 Ocean Club 4020 Galt Ocean Drive – Unit 211

Ocean Club Unit 211
Offered for Sale $650,000

Unit 211 offers “stunning”direct ocean views.

This Galt Ocean Mile condo is a North-East corner unit and features a custom remodeled open kitchen and bathrooms.

The unit has title floors throughout.

Unit 211 sold for $575,000 on the 14th of February 2018 and was the highest sale recorded in Ocean Club in 2018!

Unit sold for 89% of its list price and had 99 days on market.

This unit had a sales price to square foot price of $350.00 which was the highest sales price to square foot price in Ocean Club of any sale in 2018 – based on MLS data/records.

Ocean Club Fort Lauderdale
Condos Sales Summary 2018

Here is our market summary for all Ocean Club Fort Lauderdale condos sold in 2018 – as recorded on the MLS

CONDO	BEDS / BATHS	LA	SP$
Unit 211	2 / 2	1,645	$575,000
Unit 1006	3 / 2	1,907	$465,000
Unit 1803	2 / 2	1,624	$457,500
Unit 906	2 / 2	1,907	$442,500
Unit 1508	2 / 2	1,907	$420,000
Unit 1005	2 / 2	1,514	$387,000
Unit 1105	2 / 2	1,514	$365,000
Unit 605	2 / 2	1,514	$330,353
Unit 507*	2 / 2	1,356	$265,125

We can see from this report the details for all Ocean Club Fort Lauderdale condos sold in 2018 – from the highest sale which was Unit 211 a 2 bedroom unit which sold for $575,000 to the lowest sale which was Unit 507 (A REO/Foreclosure) which sold for just $265,125.

Then for each unit sold – we can the unit number, number of bedrooms and full bathrooms, the square footage and the final sales price.