View of Ocean Summit condominium here in Fort Lauderdale FL

Ocean Summit Fort Lauderdale 2013 Summary

Ocean Summit Condos for Sale
Median Prices By Bedroom

Ocean Summit Condos Fort Lauderdale

Here is a pricing guide based on all sales of condos in Ocean Summit in 2013.

#Beds #FBaths SF/FF SalePrice SP$/SqFt SP$/LP$ Days on Market
1 1 940 $197,500 $197 92.58 81.5
2 2 1,100 $282,000 $260 94.07 68

 

We can see from this report that:

Ocean Summit 1 Bedroom units – median price $197,500 for a
1 bed/1 bath unit of 940 square feet with a list price to square foot price of $197.00

Note: Ocean Summit 1 bedroom condos living areas typically range in size from 850 square feet to 1100 square feet.

Also the complex offers both 1 bedroom and 1 bathroom units as well as 1 bedroom and 1.5 bathroom units. 

Ocean Summit 2 Bedroom units – median price $282,000 for a
2 bed/2 bath unit of 1100 square feet with a list price to square foot price of $260.00

2 Bedroom units living area typically ranges in size from 1100 square feet to 1350 square feet. 

There are however a few larger 2 bedroom units that offer a living area of 1900 square feet.

Also important to note with the 2 bedroom units in Ocean Summit is the allocated car parking – some units have none, others 1 parking space and some 2 bedroom units have 2 parking spaces.

Ocean Summit 3 Bedroom units – no 3 bedroom units were sold last year.

The living area in 3 bedroom Ocean Summit condo units typically ranges from 1400 square feet to 1625 square feet.

Sales prices in Ocean Summit have continued to show steady improvement and prices in 2014 are rising.

View of Galt Ocean Mile condominiums from Ft Lauderdale Beach

Galt Ocean Mile Condos for Sale
Median Prices by Bedroom

The following report shows the breakdown of median prices for direct oceanfront Galt Ocean Mile / Zip 33308 condos for sale – by bedroom.

Galt Ocean Mile / Zip 33308 Condos for Sale
Market Analysis Report Median Prices By Bedrooms

Here is a pricing guide based on all sales of Galt Ocean Mile Condos / Zip 3308 in 2013.

#Beds #FBaths SF/FF SalePrice SP$/SqFt SP$/LP$ DoM
0 1 310 $105,000 $261 92.15 75
1 1 1,076 $220,000 $222 92.66 77
2 2 1,575 $370,000 $242 93.33 85
3 2 2,318 $850,000 $383 92.59 98

 

We can see from this report that:

Studios – median price $105,000 for a unit of 310 square feet with a list price to square foot price of $2611.00

1 Bedroom units – median price $220,000 for a 1 bed/1 bath unit of 1076 square feet with a list price to square foot price of $222.00

2 Bedroom units – median price $370,000 for a 2 bed/2 bath unit of 1575 square feet with a list price to square foot price of $242.00

3 Bedroom units – median price $850,000 for a 3 bed / 2 bath unit of 2318 square feet with a list price to square foot price of $383.00

Note: for 4 or more Bedroom units – median price $3,750,000 for a 5 bed / 5 bath unit of 4408 square feet with a list price to square foot price of $851.00

Galt Ocean Mile Condominiums

Here are links to all the Galt Ocean Mile condominiums – links on our website.  

From each of these pages you can search units for sale, read our latest blogs on units for sale, recent sales and sales prices as well as get a great overview of each of the condominiums.

L’HermitageSouth PointThe Commodore

Playa Del SolRoyal AmbassadorEdgewater Arms

RivieraRegency TowerRegency Tower South

Galt Ocean ClubPlaya Del Mar – Ocean Summit –

Ocean ClubThe GalleonL’Ambiance Beach

Galt Towers Plaza SouthPlaza East

Fort Lauderdale Luxury Condos as seen from the Galt Ocean Mile Beach

Ocean Summit / Galt Ocean Mile
Comparison Summary

Here is the comparison of median prices by bedroom for Ocean Summit Condos for 2013 to Galt Ocean Mile condos for 2013 – based on MLS sales data.

Ocean Summit 1 Bedroom units – Smaller Units/Lower Sq Ft Price  -Ocean Summit 1 bedroom units with a median price $195,500 offer a smaller sized unit with the median at 940 square feet vs the median of 1076 square feet for 1 bedroom Galt Ocean Mile condos.

Important to note however is some 1 bedroom units in Ocean Summit offer that extra half bath.

The sales price per square foot of a 1 bedroom Ocean Summit Condo at $197.00 is less expensive per square foot than the median for a 1 bedroom Galt Ocean Mile condo at $222.00 per square foot.

Ocean Summit 2 Bedroom units – Smaller Units/Higher Sq Ft Price
Ocean Summit 2 bedroom units with a median price $282,000 for a
2 bed/2 bath unit of 1100 square feet are a smaller units than the median for 2 bedroom Galt Ocean Mile Condos at 1575 square feet

The sales price per square foot at $260.00 is more expensive per square foot than for 2 bedroom Galt Ocean Mile Condos at $242.00 per square foot.