Ocean views from a Galt Ocean Mile condo sold Plaza South in 2016

Plaza South 2016 Sales Summary

Plaza South Condos
Fort Lauderdale

Welcome to our review of Plaza South condos Fort Lauderdale for 2016.  Plaza South is direct oceanfront – located right on Ft Lauderdale Beach in the famous Galt Ocean Mile “strip”

 

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The complex is walking distance to the Winn Dixie grocery store, the pharmacy, the library, the Post Office, banks, restaurants and many small boutiques.

Plaza  offers direct beach access, a heated pool and full service amenities.

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Plaza South  2016
Prices by Bedroom

Here is a pricing guide based on all sales of condos in Plaza South Fort Lauderdale in 2016.

Beds/Baths SF/FF Sale Price SP$/SqFt
1 / 1 1,450 $375,000 $259
2 / 2 1,650 $467,500 $295
3 / 2 2,400 $800,000 $333

We can see from this report that:

Plaza South 1 Bedroom units – median price $375,000 for a
1 bed/1 bath unit of 1450 square feet with a list price to square foot price of $259.00.  In 2015 the median sales price for Plaza South 1 Bedroom units was lower at $240,000 for a 1 bed/1 bath unit of 1450 square feet with a list price to square foot price of $166.00.

Plaza South 2 Bedroom units – median price $467,500 for a
2 bed/2 bath unit of 1650 square feet with a list price to square foot price of $295.00.  In 2015 the median sales price for Plaza South 2 Bedroom units was a little lower $460,000 for a 2 bed/2 bath unit of 1650 square feet with a list price to square foot price of $272.00.

Plaza South 3 Bedroom units – median price $800,000 for a
3 bed / 2.5 bath unit of 2400 square feet with a list price to square foot price of $333.00.  In 2015 the median sales price for Plaza South 3 Bedroom units was lower at $642,500 for a 3 bed / 2.5 bath unit of 2600 square feet with a list price to square foot price of $247.00. 

Kevin Wirth Realtor Fort Lauderdale Florida

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Kevin Wirth – Realtor – 954-459-0337

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More on Plaza South Median Sales Prices 2015
More on Plaza South Median Sales Prices 2014
More on Plaza South Median Sales Prices in 2013

 

View Plaza South condominium Galt Ocean Mile Fort Lauderdale
View Plaza South condominium Galt Ocean Mile Fort Lauderdale

Plaza South
1 Bedroom Condos

In 2016 there were 5 x 1 bedroom Galt Ocean Mile condos sold here in Plaza South.

Our market summary report for Plaza South 1 bedroom condos sold in 2016 is presented below.

 $$ Beds/Baths SF/FF Sale Price
High 1 / 2 1,450 $440,000
Low 1 / 1 1,450 $330,000
Avg 1 / 1 1,450 $384,200
Med 1 / 1 1,450 $375,000

We can see from this report that the average sales price for 1 bedroom condos sold in 2016 was $384,200 – this being for a 1 bedroom 1 bathroom 1450 square foot unit with a sales price to square foot price of $265.00

We can also see from this report that the median sales price for 1 bedroom condos sold in 2016 was $375,000this being for a 1 bedroom 1 bathroom unit of 1450 square feet with a sales price to square foot price of $259.00

Also important to note is that the:

  • Median sales price to list price for 1 bedroom Plaza South condos sold in 2016 was 96%
  • Median days on market for 1 bedroom Plaza South condos sold in 2016 was 135 days or just under 5 months – days on market is the time from when the condo was listed for sale till the date the condo sold and closed.

Plaza South
2 Bedroom Condos

In 2016 there were 12 x 2 bedroom Galt Ocean Mile condos sold here in Plaza South.

Our market summary report for Plaza South 2 bedroom condos sold in 2016 is presented below.

 $$ Beds/Baths SF/FF Sale Price
High 2 / 2 1,650 $582,000
Low 2 / 2 1,450 $394,500
Avg 2 / 2 1,583 $475,000
Med 2 / 2 1,650 $467,500

We can see from this report that the average sales price for 2 bedroom condos sold in 2016 was $475,000 – this being for a 2 bedroom 2 bathroom 1583 square foot unit with a sales price to square foot price of $300.00

We can also see from this report that the median sales price for 2 bedroom condos sold in 2016 was $467,500this being for a 2 bedroom 2 bathroom unit of 1650 square feet with a sales price to square foot price of $295.00

Also important to note is that the:

  • Median sales price to list price for 2 bedroom Plaza South condos sold in 2016 was 96%
  • Median days on market for 2 bedroom Plaza South condos sold in 2016 was 98 days or just over 3 months – days on market is the time from when the condo was listed for sale till the date the condo sold and closed.

Plaza South
3 Bedroom Condos

In 2016 there was just 1 x 3 bedroom Galt Ocean Mile condo sold here in Plaza South.

Our market summary report for this Plaza South 3 bedroom condo is presented below.

Beds/Baths SF/FF Sale Price SP$/SqFt
3 / 2 2,400 $800,000 $333

We can see from this report that the sales price for the 3 bedroom condo sold in 2016 was $800,000this being for a 3 bedroom 2 bathroom unit of 2400 square feet with a sales price to square foot price of $333.00

Also important to note is that the:

  • Sales price to list price was 100%
  • Days on market was 61 days or just over 2 months

Median sales prices for all units in Plaza South strengthened in 2016 after having softened in 2015!

 

Plaza South 2 Bedroom Condo Sales 2006 - 2016 YTD
Plaza South 2 Bedroom Condo Sales 2006 – 2016

Plaza South Fort Lauderdale
Condos Sales 2006 – 2016

Here is our market summary report for all 2 bedroom Plaza South Fort Lauderdale condos sold between 2006 to 2016.

The report shows median data and median sales prices for each year

Median  Beds/Baths SF/FF Sale Price
2016 2 / 2 1,650 $467,500
2015 2 / 2 1,650 $460,000
2014 2 / 2 1,650 $502,500
2013 2 / 2 1,650 $450,000
2012 2 / 2 1,650 $395,000
2011 2 / 2 1,650 $423,500
2010 2 / 2 1,650 $353,000
2009 2 / 2 1,650 $362,500
2008 2 / 2 1,650 $430,000
2007 2 / 2 1,650 $472,500
2006 2 / 2 1,650 $550,000

We can see from this report how Plaza South Fort Lauderdale median sales prices fell to their lowest levels in 2010 – with a median sales price of $353,000.

We can also see from this report how Plaza South Fort Lauderdale median sales price have risen up to $467,500 in 2016.

It is important to note however that median sales price for Plaza South 2 bedroom condos in 2016 are still well below the median for 2006 at $550,000.

More on Plaza South Sales Prices in 2015
More on Plaza South Sales Prices in 2014
More on Plaza South Sales Prices in 2013

View of Galt Ocean Mile condos including Plaza South

Galt Ocean Mile Condos
2016 Pricing by Bedroom

The following report shows the breakdown of median prices for direct oceanfront Galt Ocean Mile / Zip 33308 condos for sale – by bedroom for 2016

Beds/Baths SF/FF Sale Price SP$/SqFt
0 / 1 320 $205,000 $605
1 / 1 1,076 $287,000 $267
2 / 2 1,662 $455,000 $291
3 / 2 2,260 $780,000 $390
4 / 4 3,970 $907,500 $277

We can see from this report that in 2016:

Studios – median price $205,000 for a unit of 320 square feet with a sales price to square foot price of $605.00

1 Bedroom units – median price $287,000 for a 1 bed / 1 bath unit of 1076 square feet with a sales price to square foot price of $267.00

2 Bedroom units – median price $455,500 for a 2 bed / 2 bath unit of 1662 square feet with a sales price to square foot price of $291.00

3 Bedroom units – median price $780,000 for a 3 bed / 2 bath unit of 2260 square feet with a sales price to square foot price of $390.00

4 Bedroom units – median price $907,500 for a 4 bed / 4 bath unit of 3970 square feet with a sales price to square foot price of $277.00

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 Point
The CommodorePlaya Del Sol
Royal AmbassadorEdgewater Arms
RivieraRegency Tower
Regency Tower SouthGalt Ocean Club
Playa Del MarOcean Summit
Ocean ClubThe Galleon
L’Ambiance BeachGalt Towers
– Plaza South – Plaza East

 

Plaza South Fort Lauderdale
2016 Sales vs Galt Ocean Mile Sales

Here we compare the data for Plaza South Fort Lauderdale condos to Galt Ocean Mile condos – based on median sales prices for all of 2016

Plaza South 1 Bedroom unitsLarger Units/Higher Price
Plaza South 1 bedroom units with a median price $375,000 offer a larger sized unit at 1450 square feet vs the median of 1076 square feet for 1 bedroom Galt Ocean Mile condos.

The median sales price of a 1 bedroom Galt Ocean Mile condo is higher at $287,000.

Plaza South 2 Bedroom units – Similar Units/Higher Price
Plaza South 2 bedroom units with a median price $467,500 for a 2 bed/2 bath unit of 1650 square feet are a similar sized units to the median for 2 bedroom Galt Ocean Mile Condos at 1662 square feet.

The median sales price for a 2 bedroom Plaza South condos is however a higher price than the median for 2 bedroom Galt Ocean Mile condos at $455,000!

Plaza South 3 Bedroom units Larger Units/Higher Price
Plaza South 3 bedroom units with a median price $800,000 for a 3 bed/2 bath unit of 2400 square feet are larger units than the median for a 3 Bedroom Galt Ocean Mile condo at 2260 square feet.

The median sales price 3 bedroom Plaza South condos is higher than the median for sales price for 3 bedroom Galt Ocean Mile condos at $780,000.

My perspective on Plaza South units

Plaza South offers a great range of truly spacious and well laid out condo units.

Plaza South also has a great position right on Galt Ocean Mile and some units can offer real value – especially those in need of updating.

If you’re looking for a condo here in Ft Lauderdale then visiting units for sale in Plaza South is well worth the time!

 

Plaza South 2016
Most Expensive Sale

Here is the market analysis report for the most expensive unit sold here in Plaza South in 2016

Beds/Baths SF/FF Sale Price SP$/SqFt
3 / 2 2,400 $800,000 $333

We can see from this report that a 3 bedroom condo – Unit 20 A sold for $800,000 – this 3 bedroom 2 bathroom 2400 square foot condo sold with a sales price to square foot price of $333.00

It is important to note is that the unit sold for just over 100% of its list price and had just 61 days on market!

We feature this unit below

Plaza South Condo Unit 20 A
4280 Galt Ocean Drive
Offered for Sale $799,999

LA: 2,400  YR: 1972
BED: 3 FBATH: 2 HBATH: 1

This Luxury Galt Ocean Mile condo is an outstanding remodeled and spacious direct ocean front unit.

The condo features a spectacular kitchen with state of the art stainless steel appliances, custom kitchen cabinets and granite counter tops.

The unit has remodeled bathrooms and there is a washer and dryer in the unit

This condo features an extra large 56 foot balcony over looking the direct ocean, intracostal and pool area.

This luxury condo in Plaza South Fort Lauderdale sold in 2016 for $800,000  – this was the most expensive sale in 2016 for a unit here in Plaza South.

Plaza South 2016
Highest Sq Ft Price

Here is the market analysis report for the highest square foot price paid here in Plaza South in 2016

Beds/Baths SF/FF Sale Price SP$/SqFt
2 / 2 1,650 $582,000 $353

We can see from this report that a 2 bedroom condo – Unit 26 C sold for $582,000 – this 2 bedroom 2 bathroom 1650 square foot condo sold with a sales price to square foot price of $353.00

Important to note is that the unit sold for 99% of its list price and had just 70 days on market!

We feature this unit below

Plaza South Condo Unit 26 C
4280 Galt Ocean Drive
Offered for Sale $589,000

LA: 1,650  YR: 1972
BED: 2 FBATH: 2

This Galt Ocean Mile condo offers ocean, Intracoastal and city views.

This is a beautifully renovated unit

The semi private elevator opens to foyer and flows to large living and dining with terrace and buff marble floors.

You’ll love the custom designed kitchen with light cabinetry and Viking fridge, wine cooler and cozy breakfast nook. The unit features two spacious bedrooms with large closets and renovated bathrooms.  There is an interior laundry room too!

This luxury condo in Plaza South Fort Lauderdale sold in 2016 for $582,000 with a sales price to square foot price of $353.00 – which makes this the unit sold with the highest sales price to square foot price in 2016 based on MLS data/records.

Kevin Wirth Realtor

For more on The Plaza South condo sales here in Fort Lauderdale call me on 954-459-0337 or Click here to email me now

I hope you have enjoyed reading my post about Plaza South Condos for Sale Fort Lauderdale  – Kevin Wirth – Realtor

More on Galt Ocean Mile Condos

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