Plaza South Fort Lauderdale

Plaza South Fort Lauderdale FL 2013 Summary

Plaza South Fort Lauderdale FL
Condo Sales 2013

There were 12 sales of condos here in Plaza South Fort Lauderdale FL in 2013.

The market analysis report for these units is presented below

 Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 3 2 2,400 $635,000 $321 100 724
Low 1 1 1,450 $290,000 N/A 86.48 0
Average 2 2 1,685 $444,583 $237 93.37 175
Median 2 2 1,650 $432,500 $252 93.85 111

 

We can see from this report that the average price for a condo here in Plaza South in 2013 based on all sales was $444,583.  

We can also see that the median price based on all sales was $432,500.

Important to note are the sales price to square foot prices – with the median at $252.00 and the highest at $321.00

Also important to note is the median days on market at 111 – or just under 7 months.  Days on Market is the time it takes from the date the unit was listed for sale till the date the unit sold AND closed.

Plaza South Condos
Median Prices By Bedroom

Here is a pricing guide based on all sales of condos in Plaza South Fort Lauderdale FL in 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 report that:

Plaza South 1 Bedroom units – median price $300,000 for a
1 bed/1 bath unit of 1450 square feet with a sales price to square foot price of $273.00

Plaza South 2 Bedroom units – median price $450,000 for a
2 bed/2 bath unit of 1650 square feet with a sales price to square foot price of $273.00

Plaza South 3 Bedroom units – median price $622,500 for a
3 bed / 2.5 bath unit of 2400 square feet with a sales price to square foot price of $132.00

Sales prices in Plaza South Fort Lauderdale FL have continued to show steady improvement and sales prices in 2014 were up!

View of Galt Ocean Mile condos including Plaza South

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 sales 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 sales 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 sales 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 sales 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 sales price to square foot price of $851.00

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 TowersPlaza SouthPlaza East

Plaza South / Galt Ocean Mile
Comparison Summary

Here is the comparison of median prices by bedroom for Plaza South Fort Lauderdale FL condos for 2013 to Galt Ocean Mile condos for 2013based on MLS data

Plaza South 1 Bedroom unitsLarger Units/Lower Sq Ft Price  – Plaza South 1 bedroom units with a median price $300,000 offer a larger sized unit at 1450 square feet vs the median of 1076 square feet for a 1 bedroom Galt Ocean Mile condos.

The sales price per square foot of a 1 bedroom Plaza South Condo at $205.00 is also less expensive per square foot than the median for a 1 bedroom Galt Ocean Mile condo at $222.00 per square foot.

Plaza South 2 Bedroom units Slightly Larger/Higher Sq Ft Price – Plaza South 2 bedroom units with a median price $450,000 for a 2 bed/2 bath unit of 1650 square feet are slighty larger units than the median for 2 bedroom Galt Ocean Mile Condos at 1575 square feet

The sales price per square foot however at $273.00 is more expensive per square foot than is the median for 2 bedroom Galt Ocean Mile Condos at $242.00 per square foot.

Plaza South 3 Bedroom unitsExtra 1/2 Bath/Lower Sq Ft Price
Plaza South 3 bedroom units with a median price $622,500 for a
3 bed/2.5 bath unit of 2400 square feet offer a slightly larger unit and an extra 1/2 bath than does the median for a 3 Bedroom Galt Ocean Mile condo.

Important to note is that the sales price to square foot price of $132.00 is far cheaper per square foot than for a 3 Bedroom Galt Ocean Mile Condo at $383.00 per square foot.

2013 Plaza South Sales
Most Expensive Unit Sold

Here is the market analysis report for the most expensive unit sold here in Plaza South in 2013

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
3 2 2,400 $635,000 $265 91.37 724

 

We can see from this report that this 3 bedroom 2 bathroom unit – unit 25 A sold for $635,000 – this unit sold with a sales price to square foot price of $265.00

Important to note is that the unit sold for 91.37% of its list price and had 724 days on market – just under 2 years!

We feature this unit below

Plaza South Condo Unit 25 A
4280 Galt Ocean Drive
Offered for Sale $695,000

LA: 2,400 TA: 0 YR: 1971
BED: 3 FBATH: 2 HBATH: 1
F1113124

This luxury condo offers 2400 square feet with a split 3 bedroom floor plan. 

You will love the magnificent views from ceiling to floor windows looking at the ocean, city and Intracoastal from this 25th floor condo. 

The unit has: tile flooring in excellent condition and some upgrades, a semi private elevator with only one neighbor and garage parking to elevator to condo.  There is a washer/dryer in the unit.

This luxury Fort Lauderdale condo sold on the 2nd of January 2014 for $635,000 – this was the most expensive sale in 2014 for a unit here in Plaza South.

2013 Plaza South Sales
Most Expensive Square Foot Price Paid

Here is the market analysis report for the most expensive square foot price paid for unit sold here in Plaza South in 2013

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
2 2 1,650 $530,000 $321 88.37 95

 

We can see from this report that this 2 bedroom 2 bathroom unit – unit 29 C sold for $530,000 – important to note is that the unit sold for 88.37% of its list price and had 95 days on market – just over 3 months!

We feature this unit below

Plaza South Condo Unit 29 C
4280 Galt Ocean Drive
Offered for Sale $599,777

LA: 1,650 TA: 0 YR: 1970
BED: 2 FBATH: 2
F1221081

Wow – this unit is completely remodeled from top to bottom!  

You will love the direct ocean views and amazing intracoastal and city views.- Semi private elevators.

This Fort Lauderdale condo here in Plaza South sold on the 10th of May 2013for $530,000  – with a sales price to square foot price of $321.00 – which makes this the unit sold with the highest sales price to square foot price in 2013 based on MLS data/records.