Superb ocean views from a Regency Tower Fort Lauderdale condo for sale 3850 Galt Ocean Dr, Fort Lauderdale, FL

Regency Tower

Regency Tower Fort Lauderdale
Condos for Sale

Rising 20 floors, Regency Tower Fort Lauderdale condos for sale are direct oceanfront units located on the beautiful sandy shores of Ft Lauderdale beach

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Regency Tower consists of 203 x 1, 2 & 3 bedroom condo units with spectacular views

Regency Tower
Galt Ocean Mile – Key Statistics
Tower Association Inc – Condominium complex in Fort Lauderdale, Florida
Address: 3850 Galt Ocean Dr, Fort Lauderdale, FL 33308

Listings Prices

  •  Prices from $263,000 – $885,000

Sales Prices

  • Sales Prices from $340,000 – $508,000
  • Median Sales Price $457,750
    – 2 Bedroom 2 Bathroom Unit
  • Median Sales Price to Sq Ft Price $297.00
  • Median Sales to List Price 97%
  • Median Days on Market 111 Days

Key Facts

Address: 3850 Galt Ocean Dr. Fort Lauderdale, FL 33308
Built: 1969/1970

Regency Tower Condo Association
Phone (954) 566-8606

Regency Tower Fort Lauderdale is a condominium – and is the sister complex to Regency Tower South

Most Condos have their own Washer/ Dryer – however there in a laundry room on each floor.

Condo Rentals range in price from around $3,500 upwards

Regency Tower Fort Lauderdale 3850 Galt Ocean Dr, Fort Lauderdale, FL
Regency Tower Fort Lauderdale – 3850 Galt Ocean Dr, Fort Lauderdale, FL

The impressive structure of Regency Tower  – you will notice from this photo the commanding wrap around terraces this building is famous for.

Regency Tower is an oceanfront condominium and has been completely refurbished with all of its concrete restoration completed. 

Regency Tower has new high impact windows and recently redecorated lobby and hallways.

Regency Tower offers direct beach access, a heated pool and full service amenities including a gym / exercise room.

You will love the views across the beach and out to the Atlantic Ocean.

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Kevin Wirth Realtor

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Call or email me today

Kevin Wirth – Realtor
Galt Ocean Mile Specialist
954-459-0337
kevinsellsmore@gmail.com

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View Galt Ocean Mile condo Regency Tower 3850 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condo Regency Tower 3850 Galt Ocean Drive Fort Lauderdale

Regency Tower Condos
March 2020 / April 2020

Currently there are 7 x Regency Tower condos for sale

There have been 6 sales in the complex over the last 6 months and 1 unit is currently pending sale.

In this post we discuss units for sale, new listings, pending sales and also recent sales prices, sales prices by bedroom & sales prices per sq ft. 

We also discuss how long units are taking to sell (called days on market) – and how much buyers are paying for units (sales prices to list price %) as well as the highest prices paid for units over the last 6 months!

We also compare recent sales trends in Regency Tower – Important information for both buyers and sellers!

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My Blog on Regency Tower Condos for Sale

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Jan 2020 / Feb 2020 Regency Tower Condos
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October / November 2018 Regency Tower
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July / August 2015 Regenct Tower Condos for Sale
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Regency Tower Condos
2019 Prices by Bedroom

Here is a pricing guide based on all median sales prices for Regency Tower Condos Fort Lauderdale sold in 2019.

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 1,050 $340,000 $324.00
2 / 2 1,594 $508,000 $359.00
3 / 2 2,150 $770,000 $358.00

We can see from this report that in 2019:

Regency Tower 1 Bedroom units had a median sales price of $340,000this being for a 1 bed/1 bath unit of 1050 square feet with a list price to square foot price of $324.00.    

Regency Tower 2 Bedroom units had a median sales price of $508,000this being for a 2 bed/2 bath unit of 1594 square feet with a list price to square foot price of $359.00.    

Regency Tower 3 Bedroom units had a median sales price of $770,000 – this being for a 3 bed / 2 bath unit of 2150 square feet with a list price to square foot price of $358.00.  

Median Sales Prices 2 Bedroom Regency Tower Galt Ocean Mile Condos 3850 Galt Ocean Drive Fort Lauderdale 2006-2019
Median Sales Prices 2 Bedroom Regency Tower Condos 3850 Galt Ocean Drive 2006-2019

Regency Tower Condos
Sales Prices 2006 – 2019

Here is our market summary graph and report showing median prices for 2 bedroom Regency Tower Fort Lauderdale condos sold between 2006 and 2019.

 Median Beds/Baths SF/FF Sale Price
2019 2 / 2 1,594 $508,000
2018 2 / 2 1,500 $602,000
2017 2 / 2 1,525 $417,500
2016 2 / 2 1,675 $422,450
2015 2 / 2 1,600 $375,000
2014 2 / 2 1,550 $408,000
2013 2 / 2 1,600 $357,500
2012 2 / 2 1,600 $340,450
2011 2 / 2 1,600 $340,000
2010 2 / 2 1,400 $285,000
2009 2/ 2 1,626 $392,500
2008 N/A
2007 2 / 2 1,650 $420,000
2006 2 / 2 1,662 $660,000

We can see from this report how median sales prices for 2 bedroom Regency Tower condos Fort Lauderdale went from a low of $285,000 in 2010 to $508,000 in 2018.

It is important to note that median sales prices in 2019 are down from $602,000 in 2018!

It is also important to note that median prices in both 2018 & 2019 are still down from $660,000 in 2006.

Note: there were no sales of 2 bedroom units in Regency Tower in 2008 as recorded by the MLS.

More on Regency Tower condo sales for 2019
More on Regency Tower condo sales for 2018
More on Regency Tower condos sales for 2017
More on Regency Tower condos sales for 2016
More on Regency Tower condo sales for 2015
More on Regency Tower condo sales for 2014
More on Regency Tower condo sales for 2013

View of Galt Ocean Mile condominiums including Regency Tower from Fort Lauderdale Beach

Galt Ocean Mile Condos
2019 Pricing by Bedroom

The following report shows the breakdown of median sales prices for direct oceanfront Galt Ocean Mile / Zip 33308 condos by bedroom for 2019

BEDS / BATHS LA SP$ SP$/SqFt
0 / 1 450 $215,000 $478.00
1 / 1 1,050 $277,750 $282.00
2 / 2 1,550 $485,000 $321.00
3 / 2 2,158 $967,500 $409.00

We can see from this report that in 2019:

Studios – median sales price $215,000 for a unit of 450 square feet with a sales price to square foot price of $478.00 – In 2018 the median price for a studio was lower at $175,000 for a unit of 430 square feet with a sales price to square foot price of $434.00

1 Bedroom units – median sales price $277,750 for a 1 bed / 1 bath unit of 1050 square feet with a sales price to square foot price of $282.00 – In 2018 the median price for a 1 bedroom unit was higher at $295,000 for a 1 bed / 1 bath unit of 1088 square feet with a sales price to square foot price of $283.00

2 Bedroom units – median sales price $485,000 for a 2 bed / 2 bath unit of 1550 square feet with a sales price to square foot price of $331.00 – In 2018 the median price for 2 bedroom units was slightly higher at $487,500 for a 2 bed / 2 bath unit of 1540 square feet with a sales price to square foot price of $332.00

3 Bedroom units – median sales price $967,500 for a 3 bed / 2 bath unit of 2158 square feet with a sales price to square foot price of $409.00 – In 2018 the median price for a 3 bedroom unit was lower at $856,250 for a 3 bed / 2 bath unit of 2140 square feet with a sales price to square foot price of $421.00

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

Regency Tower South / Galt Ocean Mile
2019 Comparison Summary

Regency Tower 1 Bedroom   – Similar Size Unit / Higher Price – Regency Tower 1 bedroom units with a median price $340,000 for a 1 bed/1 bath unit of 1050 square feet are the same size as the median for 1 bedroom Galt Ocean Mile Condos also at 1050 square feet.

Regency Tower 1 bedroom units with a median sales price of $340,000 are however more expensive than the median for 1 bedroom Galt Ocean Mile condos at $277,750.

The median sales price per square foot at $324.00 is also more expensive per square foot than the median sales price for a 1 bedroom Galt Ocean Mile Condo at $282.00 per square foot.

Regency Tower 2 Bedroom   – Slightly Larger Size / Higher Price – Regency Tower 2 bedroom units with a median price $508,000 for a 2 bed/2 bath unit of 1594 square feet are similar in square footage to the median for 2 bedroom Galt Ocean Mile Condos at 1550 square feet.

Regency Tower 2 bedroom units with a median sales price of $508,000 are also more expensive than the median for 2 bedroom Galt Ocean Mile condos at $485,000.

The median sales price per square foot at $359.00 is also more expensive per square foot than the median sales price for a 2 bedroom Galt Ocean Mile Condo at $321.00 per square foot.

Regency Tower 3 Bedroom units – Similar Size Units / Lower Price – Regency Tower 3 bedroom units with a median price $770,000 for a 3 bed/2 bath unit of 2150 square feet are a similar square footage as is the median for 3 bedroom Galt Ocean Mile Condos at 2158 square feet.

Regency Tower 3 bedroom units with a median sales price of $770,000 are however far less expensive than the median for 3 bedroom Galt Ocean Mile condos at $967,500.

The median sales price per square foot at $358.00 is also  far less expensive per square foot than the median sales price for a 3 bedroom Galt Ocean Mile Condo at $409.00 per square foot.

Regency Tower

Built in 1969 -1970 Regency Tower Fort Lauderdale is a impressive complex set right on Galt Ocean Mile with direct oceanfront / beach access.

The design of Regency Tower is impressive for its time – as this complex has nice sized terraces – with corner units have wrap around terraces – a “highly desirable ” feature and one that makes these corner units highly sought after – these terraces and the desire for out-door living have seen prices in Regency Tower and its sister complex Regency Tower South continue to rise.

 

 Built in 1969 Regency Tower Fort Lauderdale strikes an impressive presence here on Galt Ocean Mile – its direct oceanfront location is hard to beat!

With one, two, and three bedroom condos offered for sale and impressive beach, ocean and Intracoastal views.

Purchasing a Regency Tower condo opens the door to a truly wonderful lifestyle.

Regency Tower is one of the most hurricane protected buildings on the beach! The complex is also very well maintained with low maintenance fee.

Regency Tower is set directly across from shopping. banks salon’s and a supermarket.

 A really nice feature of this complex is that there is plenty of free unassigned guest parking.

This “Remodeled” condominium also has 24 hour security, a semi private beach and a private party room, BBQ/Grill and club house.

Regency Tower amenities include an updated fitness center and a great outdoor heated swimming pool with loungers. The complexes pool is just steps away from beach.

Living at regency tower is like living in a resort!

View of Regency Tower and Regency Tower South along side Galt Ocean Mile condominiums

Regency Tower’s Sister

Regency Tower Fort Lauderdale has a sister complex right here on Galt Ocean Mile – Regency Tower South

Both buildings are 20 floors, offer just over 200 x 1, 2 and 3 bedroom condo units.  

Regency Tower is located at 3850 Galt Ocean Drive and Regency Tower South is located at 3750 Galt Ocean Drive.

Set in between Regency Tower and Regency Tower South is another popular Galt Ocean Mile condominium  – Galt Ocean Club – which you can see in the photo above.

2019 Regency Tower Sales
Most Expensive Unit Sold

Here is the market analysis report for the most expensive unit sold here in Regency Tower Fort Lauderdale in 2019

BEDS / BATHS LA SP$
Unit 2011 3 / 2 2,150 $770,000

We can see from this report that this 3 bedroom 2 bathroom unit – unit 2011 sold for $770,000 – important to note is that the unit sold for 96% of its list price and had 175 days on market – just under 6 months!

We feature this unit below:

Regency Tower Condo Unit 2011
3850 Galt Ocean Drive
Offered for Sale $799,000

This Regency Tower Galt Ocean Mile condo is rarely available oceanfront penthouse.

Unit 2011 features: wood floors throughout, a remodeled kitchen with Stainless Steel appliances and Granite counter-tops.   The unit has track lighting which gives a calming effect. and the Master bedroom offers a seating area and large remodeled bathrooms.

The unit has a full size washer/dryer and 1 garage parking space.

This luxury condo in Regency Tower sold on the 20th of May 2019 for $770,000  – this was the most expensive sale in 2019 for a unit here in Regency Tower as recorded in the MLS

Unit 2011 sold for 96% of its list price and had 175 days on market!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

For more on Regency Tower Fort Lauderdale and condos for sale call me on 954-459-0337 or Click here to email me now

I hope you have enjoyed reading this post about Regency Tower Fort Lauderdale Florida Condos for Sale

Kevin Wirth – Realtor
954-459-0337

 

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