View Ocean Summit Galt Ocean Mile condo 4010 Galt Ocean Drive Fort Lauderdale sold 2019

Ocean Summit Condos Fort Lauderdale 2019 Sales

Ocean Summit Condos
Fort Lauderdale

Welcome to our review of 2019 sales for Ocean Summit condos Fort Lauderdale – here on our famous Galt Ocean Mile.

In 2019 there were 9 x Ocean Summit Fort Lauderdale condos sold – This is down from the 11 x Ocean Summit condos sold in 2018!

Ocean Summit Condos
2019 Sales

Here is our market analysis report for sales of Ocean Summit Condos Fort Lauderdale in 2019

BEDS / BATHS LA SP$
Min 1 / 1 850 $217,000
Max 3 / 2 1,520 $606,000
Avg 2 / 2 1,094 $324,188
Median 1 / 1 1,100 $283,000

We can see from this report that the average price for Ocean Summit condos sold in 2019 was $324,188* – this being for a 2 bedroom 2 bathroom unit of 1094 square feet.  

In 2018 the average price for Ocean Summit condos sold was higher at $338,455 – this being for a 2 bedroom 2 bathroom unit of 1108 square feet.  

We can also see from this report that the median price for Ocean Summit condos sold in 2019 was $283,000*this being for a 2 bedroom 2 bathroom unit of 1100 square feet.  

In 2018 the median price for Ocean Summit condos sold was higher at $330,000 – this being for a 2 bedroom 2 bathroom unit of 1100 square feet.  

Important to note is that:

  • the median sales price to list price was 92% 
  • the median days on market was 56 days 

Note: MLS records have Unit 409 a 1  bedroom Ocean Summit condo selling for $305.00 – which is incorrect and is a incorrect data entry issue.  Unit 409 sold for $270,000 based on BCPA data.

This report excludes Unit 409’s data untill the Sales Summary report below – where the sales price was manually amended.

View Ocean Summit Galt Ocean Mile condominium 4010 Galt Ocean Drive Fort Lauderdale 2019
Ocean Summit Galt Ocean Mile condominium 4010 Galt Ocean Drive Fort Lauderdale 2019

Ocean Summit Condos
2019 Prices by Bedroom

Here is a pricing guide based on median sales prices for Galt Ocean Mile condos sold in Ocean Summit in 2019 – excluding unit 409

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 850 $230,000 $259.00
2 / 2 1,100 $327,500 $298.00
3 / 2 1,520 $606,000 $399.00

We can see from this report that in 2019:

Ocean Summit 1 Bedroom units had a median sales price of $230,000(excluding unit 409) – this being for a 1 bed/1 bath unit of 850 square feet with a list price to square foot price of $259.00 – In 2018 the median sales price for Ocean Summit 1 Bedroom units was higher at $245,000 – this being for a 1 bed/1 bath unit of 940 square feet with a list price to square foot price of $261.00

Ocean Summit 2 Bedroom units had a median sales price of $327,500 – this being for a 2 bed/2 bath unit of 1100 square feet with a list price to square foot price of $298.00.  In 2018 the median sales price for Ocean Summit 2 Bedroom units was higher at $369,000 – this being for a 2 bed/2 bath unit of 1190 square feet with a list price to square foot price of $309.00.

Ocean Summit 3 Bedroom units had a median sales price of $606,000 – this being for a 3 bed/2 bath unit of 1520 square feet with a list price to square foot price of $399.00 – In 2018 there were no 3 bedroom units sold based on MLS data – However in 2017 the median sales price for Ocean Summit 3 Bedroom units was $495,000 – this being for a 3 bed/2 bath unit of 1520 square feet with a list price to square foot price of $326.00.

View 1 Bedroom Ocean Summit Galt Ocean Mile condo 4010 Galt Ocean Drive Fort Lauderdale sold 2019
View 1 Bedroom Ocean Summit Galt Ocean Mile condo 4010 Galt Ocean Drive sold 2019

Ocean Summit
1 Bedroom Condos

In 2019 there were 5 x 1 bedroom units sold here in Ocean Summit – In 2018 there were 3 x 1 bedroom units sold here in Ocean Summit.

Our market analysis report for the 4 units (excluding Unit 409) is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 850 $217,000
Max 1 / 1 940 $256,000
Avg 1 / 1 880 $233,250
Median 1 / 1 850 $230,000

We can see from this report that the average price for a 1 bedroom unit sold here in Ocean Summit in 2019 was $233,250 – this being for a 1 bedroom 1 bathroom unit of 880 square feet with a sales price to square foot price of $257.00

We can also see that the median sales price for a 1 bedroom condo unit sold in 2019 was $230,000 – this being for a unit of 850 square feet with a sales price to square foot price of $259.00

Important to note is that range of prices for 1 bedroom condo sales – which range from a low of $217,000 to a high of $256,000.

Also important to note is that:

  • the median sales price to list price was 91% 
  • the median days on market was 43 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 2019 there were 3 x 2 bedroom units sold here in Ocean Summit.  In 2018 there were 8 x 2 bedroom units sold here in Ocean Summit.

Our market analysis report for these 3 units is presented below.

BEDS / BATHS LA SP$
Min 2 / 2 1,100 $310,000
Max 2 / 2 1,300 $417,000
Avg 2 / 2 1,167 $351,500
Median 2 / 2 1,100 $327,500

We can see from this report that the average price for a 2 bedroom unit sold here in Ocean Summit in 2019 was $351,500 – this being for a 2 bedroom 2 bathroom unit of 1167 square feet with a sales price to square foot price of $300.00

We can see from this report that the median price for a 2 bedroom unit sold here in Ocean Summit in 2019 was $327,500 – this being for a 2 bedroom 2 bathroom unit of 1,100 square feet with a sales price to square foot price of $298.00

Important to note is that range of prices for 2 bedroom condo sales – which range from a low of $310,000 to a high of $417,000.

Also important to note is that:

  • the median sales price to list price was 93% 
  • the median days on market was 38 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
3 Bedroom Condos

In 2018 there was 1 x 3 bedroom unit sold here in Ocean Summit.   In 2018 there were no 3 bedroom unit sold here in Ocean Summit.

Our market analysis report for this unit is presented below.

BEDS / BATHS LA SP$
Median 3 / 2 1,520 $606,000

We can see from this report that the sales price for 1 x 3 bedroom unit sold here in Ocean Summit in 2019 was $606,000 – this being for a 3 bedroom 2 bathroom unit of 1,520 square feet with a sales price to square foot price of $399.00

Also important to note is that:

  • Sales price to list price was 99% 
  • Days on market was 150 days – Days on market is the time from when the unit was listed for sale till the date the condo sold and closed!
Pool views Ocean Summit Galt Ocean Mile condominium 4010 Galt Ocean Drive Fort Lauderdale 2019
Pool views Ocean Summit Galt Ocean Mile condominium 4010 Galt Ocean Drive 2019

Ocean Summit Condos
Fort Lauderdale 2019 Sales

Here is our sales summary showing the data for all Ocean Summit condos Fort Lauderdale sold in 2019 – by unit.

BEDS / BATHS LA SP$
Unit 1503 3 / 2 1,520 $606,000
Unit 1102 2 / 2 1,300 $417,000
Unit 602 2 / 2 1,100 $327,500
Unit 414 2 / 2 1,100 $310,000
Unit 409 1 / 1 850 $270,000
Unit 815 1 / 1 850 $256,000
Unit 1015 1 / 1 850 $240,000
Unit 309 1 / 1 850 $220,000
Unit 616 1 / 1 940 $217,000

We can see from this summary report the details for each unit sold in Ocean Summit – including unit number, bedrooms/bathrooms, unit size and final sales price.

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

I hope you have enjoyed this post on sales for Ocean Summit condos Fort Lauderdale in 2019

Kevin Wirth – Realtor
954-459-0337