View Galt Ocean Mile condo sold Ocean Riviera 3550 Galt Ocean Drive Fort Lauderdale in 2018

Riviera Condos Fort Lauderdale 2018 Sales

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

In 2018 there were 6 x Fort Lauderdale condos sold here in Riviera – This was well down from the 10 condos sold in Riviera in 2017!

Note: While the overall number of sales was down from 2017 – the number of 2 bedroom units sold was the same as in 2017!

Search Ocean Riviera Condos Fort Lauderdale

Note: Ocean Riviera, 3550 Galt Ocean Dr, Fort Lauderdale, FL is commonly referred to as Riviera

Riviera Condos Fort Lauderdale
2018 Prices By Bedroom

Here is a pricing guide based on all sales of Riviera Condos Fort Lauderdale in 2018

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 1,076 $272,000 $253.00
2 / 2 1,600 $435,000 $274.00

We can see from this report that:

Riviera 1 Bedroom units – median sales price $272,000 for a 1 bed/1 bath unit of 1076 square feet with a list price to square foot price of $253.00.

In 2017 the median for Riviera 1 Bedroom units sold was much higher at $365,000  – this however being for a larger 1 bed/1 bath unit of 1325 square feet with a list price to square foot price of $260.00.

Riviera 2 Bedroom units – median sales price $435,000 for a 2 bed/2 bath unit of 1600 square feet with a list price to square foot price of $274.00.  

In 2017 the median for Riviera 2 Bedroom units sold was lower at $415,000 for a larger 2 bed/2 bath unit of 1656 square feet with a list price to square foot price of $263.00.

View 1 bedroom Galt Ocean Mile condo sold Ocean Riviera Galt Ocean Drive Fort Lauderdale in 2018
View 1 bedroom Galt Ocean Mile condo sold Ocean Riviera Fort Lauderdale in 2018

Riviera Fort Lauderdale
1 Bedroom Condos

In 2017 there was just 1 x 1 bedroom unit sold here in Riviera Fort Lauderdale  – Well down from the number sold in 2017

In 2017 there were 5 x 1 bedroom units sold here in Riviera.

Our market analysis report for the 1 unit sold is presented below.

BEDS / BATHS LA SP$
Median 1 / 1 1,076 $272,000

We can see from this report that the median sales price for a 1 bedroom condo unit sold in 2018 was $272,000 – this being for a unit of 1076 square feet with a sales price to square foot price of $253.00

Also important to note is that:

  • the median sales price to list price was 98% 
  • the median days on market was 170 days or just under 6 months – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!
View 2 bedroom Galt Ocean Mile condo sold Ocean Riviera 3550 Galt Ocean Drive Fort Lauderdale
View 2 bedroom Galt Ocean Mile condo sold Ocean Riviera Fort Lauderdale

Riviera Fort Lauderdale
2 Bedroom Condos

In 2018 there were 5 x 2 bedroom unit sold here in Riviera Fort Lauderdale.  

In 2017 there were also 5 x 2 bedroom unit sold here in Riviera.

Our market analysis report for these units is presented below.

BEDS / BATHS LA SP$
Min 2 / 2 1,575 $425,000
Max 2 / 2 1,656 $460,000
Avg 2 / 2 1,612 $441,000
Median 2 / 2 1,600 $435,000

We can see from this report that the average price for a 2 bedroom unit sold here in Riviera Fort Lauderdale in 2018 was $441,000 – this being for a 2 bedroom 2 bathroom unit of 1612 square feet with a sales price to square foot price of $274.00

We can also see that the median sales price for a 2 bedroom condo unit sold in 2018 was $435,000this being for a unit of 1600 square feet with a sales price to square foot price of $274.00

Important to note is that range of prices for 1 bedroom condo sales – which range from a low of $425,000 to a high of $460,000.

Also important to note is that:

  • the median sales price to list price was 95% 
  • the median days on market was just 46 days or just under 7 weeks – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!
View Galt Ocean Mile condo sold for the highest price in Ocean Riviera 3550 Galt Ocean Drive in 2018 - Unit 906
View Galt Ocean Mile condo sold for the highest price in Ocean Riviera in 2018 – Unit 906

Riviera Fort Lauderdale
2018 Sales Summary

Here is our sales summary showing data for all the condos sold here in Riviera Fort Lauderdale in 2018

CONDO BEDS / BATHS LA SP$
Unit 906 2 / 2 1,656 $460,000
Unit 910 2 / 2 1,575 $450,000
Unit 1707 2 / 2 1,656 $435,000
Unit 1007 2 / 2 1,600 $435,000
Unit 1410 2 / 2 1,575 $425,000
Unit 909 1 / 1 1,076 $272,000

We can see from this report the details for each unit sold in 2018 – the unit number, number of beds / full bathrooms, square footage and final sales price.

It is important to note that the highest sale in 2018 was for unit 906 a 2 bedroom unit which sold for $460,000 and that the lowest sale was for unit 909 a 1 bedroom unit which sold for $272,000.

I hope you have enjoyed this post on 2018 sales for Ocean Riviera Condos Fort Lauderdale.

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

For more on Riviera Fort Lauderdale condos for sale here on Galt Ocean Mile call me on 954-459-0337 or click this link to email me

I hope you have enjoyed reading about Ocean Riviera Condos for Sale Fort Lauderdale Florida – Kevin Wirth Fort Lauderale Realtor