Regency Tower Fort Lauderdale

Regency Tower Condos Fort Lauderdale 2014 Sales

Regency Tower Condos
2014 Prices By Bedroom

Here is a pricing guide based on all sales of Fort Lauderdale condos in Regency Tower in 2014.

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
1 1 0 $235,000 $0 100 24
2 2 1,550 $408,000 $256 92.75 119

We can see from this report that:

Regency Tower 1 Bedroom units – sales price of $235,000 for a 1 bed/1.5 bath unit of approx 1050 square feet  – giving this unit a sales price to square foot price of $224.00

Note: Only 1 x 1 Bedroom unit sold in 2014

Regency Tower 2 Bedroom units – median price $408,000 for a 2 bed/2 bath unit of 1550 square feet with a list price to square foot price of $256.00

Regency Tower 3 Bedroom units – no 3 bedroom units were sold in 2014 as recorded by the MLS

In 2013 the median price for a 3 bedroom unit was $515,000 this being for a 3 bed / 2.5 bath unit of approx 1960 square feet with a list price to square foot price of $263.00

2013 – 2014 Comparisons

Here are the comparisons for 2013 and 2014 median prices in Regency Tower by Bedroom

2014
#Beds
#FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
1 1 1050* $235,000 $223* 100 24
2 2 1,550 $408,000 $256 92.75 119

* = approximated values

2013
#Beds
#FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
1 1 1,050 $235,000 $224 86.57 65
2 2 1,600 $357,500 $225 90.18 70
3 2 1,960 $515,000 $263 89.57 203

 

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

Important to note are any changes in median sales price for both:

  • 1 bedroom units from $235,000 in 2013 remained the same at $235,000 in 2014 – remember however only 1 unit was sold.
  • 2 bedroom units in creased in price from $357,500 in 2013 to $408,000 in 2014 – an increase of $50,500 or 14%

More on Regency Tower Median Sales Prices in 2013

Sales prices in Regency Tower continue to show steady improvement and square foot sales prices in 2015 are on the rise.

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

Galt Ocean Mile Condos
2014 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 / 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 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 Comparisons

Regency Tower 1 Bedroom  – Extra 1/2 Bath/Lower Sq Ft Price  – Regency Tower 1 bedroom units with a median price $235,000 offer a larger sized unit at 1050 square feet vs the median of 879 square feet for a 1 bedroom Galt Ocean Mile condos – however Regency Tower Units have an extra 1/2 Bath

The sales price per square foot of a 1 bedroom Regency Tower Condo at $223.00 is lower on a square foot basis than the median of $254.00 for a 1 bedroom Galt Ocean Mile condo.

Regency Tower 2 Bedroom  – Larger Units/Lower Sq Ft Price – Regency Tower 2 bedroom units with a median price $408,000 for a 2 bed/2 bath unit of 1550 square feet are slightly larger units than the median for 2 bedroom Galt Ocean Mile Condos at 1422 square feet.

The sales price per square foot at $256.00 is however less expensive per square foot than the median sales price for a 2 bedroom Galt Ocean Mile Condo at $275.00 per square foot.

Regency Tower 3 Bedroom units – No 3 Bedroom Units sold here in 2014.

However in 2013 Regency Tower units offered an extra 1/2 Bath and Lower Sq Ft Price.  

Regency Tower Condos
2014 Most Expensive Sale

Here is the market analysis report for the most expensive unit sold here in Regency Tower in 2014

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
2 2 1,550 $465,000 $300 97.9 78

We can see from this report that this 2 bedroom 2 bathroom unit – unit 907 sold for $465,000 – important to note is that the unit sold for 97.9% of its list price and had just 78 days on market – less than 3 months!

We feature this unit below

Regency Tower Condo Unit 907
3850 Galt Ocean Drive
Offered for Sale $475,000

LA: 1,550 TA: 1,550 YR: 1969
BED:2 FBATH: 2
A1952335

This Fort Lauderdale condo is a large North West corner unit. 

The unit is fully renovated with Ocean / Intracoastal / City views and a wrap-around balcony. 

Other features include: Hurricane windows; Washer / Dryer in unit; Plantation shutters; 1 garage parking space included; Hardwood flooring in living area & kitchen; His & Her closets in master.

This luxury condo in Regency Tower sold on the 30th of September 2014 for $465,000  – this was the most expensive sale in 2014 for a unit here in Regency Tower.

This Regency Tower condo sold with a sales price to square foot price of $300.00 – which also makes this the unit sold with the highest sales price to square foot price in 2014 based on MLS data/records.

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

I hope you have enjoyed reading this post about 2014 sales of Regency Tower Condos Fort Lauderdale 

For more on Regency Tower and  / or condo sales here in sunny Fort Lauderdale call me today!

Kevin Wirth – Realtor
954-459-0337