View of Plaza South condominium from Fort Lauderdale Beach

Plaza South 2014 Sales Summary

Plaza South Condos
Fort Lauderdale

Welcome to our review of Plaza South condos Fort Lauderdale for 2014.  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  2014
Prices By Bedroom

Here is a pricing guide based on all sales of condos in Plaza South Fort Lauderdale FL in 2014.

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
1 1 1,450 $330,000 $228 91.45 119
2 2 1,650 $502,500 $306 92.19 42
3 2 2,450 $788,500 $315 89.94 59

We can see from this report that:

Plaza South 1 Bedroom units – median price $330,000 for a
1 bed/1 bath unit of 1450 square feet with a list price to square foot price of $228.00

Plaza South 2 Bedroom units – median price $502,500 for a
2 bed/2 bath unit of 1650 square feet with a list price to square foot price of $306.00

Plaza South 3 Bedroom units – median price $788,500 for a
3 bed / 2.5 bath unit of 2450 square feet with a list price to square foot price of $315.00

Sales prices in Plaza South have continued to show steady improvement and sales prices in 2015 are rising.

Kevin Wirth Realtor

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Kevin Wirth – Realtor – 954-459-0337

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2013 – 2014 Comparisons

Here are the comparisons for 2013 and 2014 median prices in Plaza South by Bedroom

2014
#Beds
#FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
1 1 1,450 $330,000 $228 91.45 119
2 2 1,650 $502,500 $306 92.19 42
3 2 2,450 $788,500 $315 89.94 59

 

2013
#Beds
#FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
1 1 1,450 $300,000 $205 95.34 8
2 2 1,650 $450,000 $273 93.02 95
3 2 2,400 $622,500 $132 92.61 521

 

We can see from this the median data for 1, 2 & 3 bedroom units for both 2013 and 2014.

Important to note is the increase in median sales price for both:

  • 1 bedroom units from $300,000 in 2013 to $330,000 in 2014 –
    an increase of $30,000 or 10%
  • 2 bedroom units from $450,000 in 2013 to $502,500 in 2014 –
    an increase of $52,500 or approx 12%
  • 3 bedroom units from $622,500 in 2013 to $788,500 in 2014 –
    an increase of $166,000 or approx 27%

More on Plaza South Median Sales Prices in 2013

View of Galt Ocean Mile condos including Plaza South

Galt Ocean Mile Condos
Median Prices 2014

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 / Oceanfront condos in Zip 3308 in 2014.

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
0 1 450 $145,000 $276 94.35 104
1 1 879 $242,000 $254 95.05 65
2 2 1,422 $384,000 $275 94.37 66
3 3 2,240 $930,000 $428 94.03 93
4 4 3,644 $2,250,000 $563 90.97 89
5 5 N/A $1,735,000 N/A 73.83 118

 

We can see from this report that in 2014:

Studios – median price $145,000 for a unit of 450 square feet with a sales price to square foot price of $276.00

1 Bedroom units – median price $242,000 for a 1 bed / 1 bath unit of 879 square feet with a sales price to square foot price of $254.00

2 Bedroom units – median price $384,000 for a 2 bed / 2 bath unit of 1422 square feet with a sales price to square foot price of $275.00

3 Bedroom units – median price $930,000 for a 3 bed / 3 bath unit of 2240 square feet with a sales price to square foot price of $428.00

4 Bedroom units – median price $2,250,000 for a 4 bed / 4 bath unit of 3644 square feet with a sales price to square foot price of $563.00

5 Bedroom units – for the 1 x 5 bedroom unit that sold in 2014 – the sales price was $1,735,000 for a 5 bed / 5 bath unit

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

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 CommodorePlaya Del SolRoyal AmbassadorEdgewater ArmsRivieraRegency TowerRegency Tower SouthGalt Ocean ClubPlaya Del MarOcean SummitOcean ClubThe GalleonL’Ambiance BeachGalt Towers – Plaza South – Plaza East

Plaza South / Galt Ocean Mile
Comparison Summary

Plaza South 1 Bedroom units Larger Units/Lower Sq Ft Price  – Plaza South 1 bedroom units with a median price $330,000 are more expensive than the median for a 1 bedroom Galt Ocean Mile condo at $242,000.

However Plaza South 1 bedroom condos offer a larger sized unit at 1450 square feet vs the median of 879 square feet for a 1 bedroom Galt Ocean Mile condos.

The sales price per square foot of a 1 bedroom Plaza South Condo at $228.00 is also less expensive per square foot than the median for a 1 bedroom Galt Ocean Mile condo at $254.00 per square foot.

Plaza South 2 Bedroom unitsLarger Units/Higher Sq Ft Price  Plaza South 2 bedroom units with a median price $502,500 for a 2 bed/2 bath unit are more expensive than the median for a 2 bedroom Galt Ocean Mile condo at $384,000.

However thet units are somewhat larger at 1650 square feet vs the median for 2 bedroom Galt Ocean Mile Condos at 1422 square feet

The median sales price per square foot however at $306.00 is more expensive per square foot than is the median for 2 bedroom Galt Ocean Mile Condos at $275.00 per square foot.

Plaza South 3 Bedroom units Extra 1/2 Bath/Lower Sq Ft Price
Plaza South 3 bedroom units with a median price $788,500 for a
3 bed/2.5 bath unit of 2450 square feet offer a slightly larger unit and have a 1/2 bath vs the median of a 3/3 for a Galt Ocean Mile unit.

Important to note however is that the sales price to square foot price for a Plaza South 3 bedroom unit at $315.00 is well below the median for 3 bedroom Galt Ocean Mile condos at $428.00

 

Plaza South 2014
Most Expensive Sale

Here is the market analysis report for the most expensive unit sold here in Plaza South in 2014

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
3 2 2,500 $950,000 $380 86.36 86

 

We can see from this report that this 2 bedroom 2 bathroom unit – unit 28 A sold for $950,000 – this condo sold with a sales price to square foot price of $380.00

important to note is that the unit sold for 86.36% of its list price and had 86 days on market- just under 3 months.

We feature this unit below

Plaza South Condo Unit 28 A
4280 Galt Ocean Drive
Offered for Sale $1,100,000

LA: 2,500 TA: 0 YR: 1972
BED: 3 FBATH: 2 HBATH: 1
F1278167

This luxury Fort Lauderdale condo is a stunning and exquisite unit with panoramic direct ocean and Intracoastal views!

You will love the superior quality everywhere you look including the gorgeous open kitchen with granite counters, custom kitchen cabinets, deluxe stainless steel appliances plus wine cooler.

The unit has Marble floors, designer blinds, hurricane impact windows and doors, a huge wrap around balcony, a spacious laundry room, custom lighting, custom closets, plus its own semi-private elevator!

This condo is situated on the South, East and west corners of the building and shows exceptionally well!

This luxury condo in Plaza South Fort Lauderdale sold on the 17th of June 2014 for $950,000  – this was the most expensive sale in 2014 for a unit here in Plaza South.

This condo sold with a sales price to square foot price of $380.00 – which makes this the unit sold with the highest sales price to square foot price in 2014 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

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