Blue sky views of Ocean Summit condos Fort Lauderdale

Ocean Summit Condos Fort Lauderdale 2015 Sales

Welcome to our review of 2015 sales for Ocean Summit condos Fort Lauderdale – here on our famous Galt Ocean Mile.

In 2015 there were 8 x Fort Lauderdale condos sold here in Ocean Summit.

Ocean Summit Condos
2015 Sales

Here is our market analysis report for sales of Ocean Summit Condos Fort Lauderdale in 2015

$$  Beds/Baths SF/FF Sale Price
High 2 / 2 1,190 $418,000
Low 1 / 1 850 $216,000
Avg 2 / 2 1,061 $307,813
Med 2 / 2 1,145 $295,750

We can see from this report that the average price for Ocean Summit condos sold in 2015 was $307,813 – this being for a 2 bedroom 2 bathroom unit of 1061 square feet.

We can also see from this report that the median price for Ocean Summit condos sold in 2015 was $295,750this being for a 2 bedroom 2 bathroom unit of 1145 square feet.

Important to note is that:

  • the median sales price to list price was 94% 
  • the median days on market was 104 days – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!
View from the most expensive condo sold in Ocean Summit in 2015 - a 2 bedroom unit!
View from the most expensive condo sold in 2015 – a 2 bedroom unit!

Ocean Summit Condos
2015 Prices by Bedroom

Here is a pricing guide based on all median sales prices for condos in Ocean Summit in 2015.

Beds/Baths SF/FF Sale Price SP$/SqFt
1 / 1 850 $243,500 $286
2 / 2 1,190 $375,000 $323

We can see from this report that:

Ocean Summit 1 Bedroom units – the median sales price in 2015 was $243,500 – this being for a 1 bed/1 bath unit of 850 square feet with a list price to square foot price of $273.00

Ocean Summit 2 Bedroom units – the median sales price in 2015 was $375,000 for a 2 bed/2 bath unit of 1190 square feet with a list price to square foot price of $323.00

Ocean Summit
1 Bedroom Condos

In 2015 there were 4 x 1 bedroom units sold here in Ocean Summit.

Our market analysis report for these units is presented below.

$$  Beds/Baths SF/FF Sale Price
High 1 / 1 850 $262,500
Low 1 / 1 850 $216,000
Avg 1 / 1 850 $241,375
Med 1 / 1 850 $243,500


We can see from this report that the average price for a 1 bedroom unit sold here in Ocean Summit in 2015 was $241,375 – this being for a 1 bedroom 1 bathroom unit of 850 square feet with a sales price to square foot price of $286.00

We can also see that the median sales price for a 1 bedroom condo unit sold in 2015 was $243,5500 – this being for a unit of 850 square feet with a sales price to square foot price of $286.00

Important to note is that range of prices for 1 bedroom condo sales – which range from a low of $216,000 to a high of $262,500.

Also important to note is that:

  • the median sales price to list price was 94% 
  • the median days on market was 106 days – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!

Ocean Summit
2 Bedroom Condos

In 2015 there were also 4 x 2 bedroom units sold here in Ocean Summit.

Our market analysis report for these units is presented below.

 $$ Beds/Baths SF/FF Sale Price
High 2 / 2 1,190 $418,000
Low 2 / 2 1,100 $329,000
Avg 2 / 2 1,167 $374,250
Med 2 / 2 1,190 $375,000

 

We can see from this report that the average price for a 2 bedroom unit sold here in Ocean Summit in 2015 was $374,250 – this being for a 2 bedroom 2 bathroom unit of 1167 square feet with a sales price to square foot price of $321.00


We can see from this report that the median price for a 2 bedroom unit sold here in Ocean Summit in 2015 was $375,000 – 
this being for a 2 bedroom 2 bathroom unit of 1,190 square feet with a sales price to square foot price of $323.00

Important to note is that range of prices for 2 bedroom condo sales – which range from a low of $329,000 to a high of $418,000.

Also important to note is that:

  • the median sales price to list price was 93% 
  • the median days on market was 91 days or under 3 months – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!

2015 Ocean Summit Sales
Most Expensive Sale

Here is the market analysis report for the most expensive unit sold here in Ocean Summit in 2015

Beds/Baths SF/FF Sale Price SP$/SqFt
2 / 2 1,190 $418,000 $351


We can see from this report that this 2 bedroom 2 bathroom unit – unit 1412 sold for $418,000
 – important to note is that the unit sold for 98% of its list price.

This condo in Ocean Summit had 16 days on market – this is the time from the date the unit was listed for sale till the date the unit sold AND closed.

We feature this unit below:

Ocean Summit Condo Unit 1412
Offered for Sale $425,000

You will love the stunning views from this completely renovated corner unit!    The condo has walls of windows flood the apartment with light allowing you to enjoy, city, canal, intracoastal, and ocean views!

The condo is contemporary and modern, the unit boasts a new kitchen and appliances, with granite.  Both bathrooms were taken down to the studs and beautifully redone.

The unit features: custom tile, a new tub, new plumbing fixtures, lighting, and vanities!  There is an in unit washer/dryer and impact windows throughout.

This Fort Lauderdale condo here in Ocean Summit sold on the 1st of June 2015 for $418,000 – this was the most expensive sale in 2015 for a unit here in Ocean Summit.

Note: Unit 1412 sold with a sales price to square foot price of $351.00

Ocean Summit Condos
Highest Sq Ft Price 2015

Here is the market analysis report for the most expensive square foot price paid for unit sold here in Ocean Summit in 2015

Beds/Baths SF/FF Sale Price SP$/SqFt
2 / 2 1,100 $400,000 $364


We can see from this report that this 2 bedroom 2 bathroom unit – Unit 1506 sold for $400,000
 – important to note is that the unit sold for 91% of its list price and had 217 days on market!

We feature this unit below

Ocean Summit Condo Unit 1506
Offered for Sale $438,000

This Galt Ocean Mile condo is a direct oceanfront “South Side unit and as such offers beautiful ocean views.

The unit has hurricane impact windows, a washer/dryer in the unit, and a 1 year old A/C.

The condo comes completely furnished right down to the pots and pans.

This Fort Lauderdale condo in Ocean Summit sold for $400,000 on the 10th of April 2015 with a sales price to square foot price of $364.00 which makes this the unit sold with the highest sales price to square foot price in 2015 based on MLS data/records.

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

I hope you have enjoyed this post on sales for Ocean Summit condos Fort Lauderdale in 2015

Kevin Wirth – Realtor
954-459-0337