Regency Tower Fort Lauderdale

Regency Tower Fort Lauderdale 2013 Summary

Regency Tower Sales 2013

 There were 8 sales of Fort Lauderdale condos here in Regency Tower 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 1,643 $515,000 $263 94.31 203
Low 1 1 1,050 $225,000 $214 78.36 3
Average 2 2 1,315 $328,750 $229 87.88 79
Median 2 2 1,275 $340,000 $225 88.59 76

 

We can see from this report the average and median prices of units based on the all sales for 2013 with the average sales price being $328,750 and the median sales price being $340,000.

Both the average and median prices are based on 2 bedroom 2 bathroom units.

Important to note are the sales prices to square foot prices – with the median at $225.00.

Also important to note are the average and median days on market at between 76 to 79 days – this is the time from the date the unit was listed for sale till the date the unit sold AND closed!

Regency Tower Condos for Sale
Median Prices By Bedroom

Here is a pricing guide based on all sales of condos in Regency Tower in 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 70.5
3 2 1,960 $515,000 $263 89.57 203

 

We can see from this report that:

Regency Tower 1 Bedroom units – median price $235,000 for a 1 bed/1.5 bath unit of 1050 square feet with a list price to square foot price of $224.00

Regency Tower 2 Bedroom units – median price $357,500 for a 2 bed/2 bath unit of 1600 square feet with a list price to square foot price of $225.00

Regency Tower 3 Bedroom units – median price $515,000 for a 3 bed / 2.5 bath unit of approx 1960 square feet with a list price to square foot price of $263.00

Sales prices in Regency Tower have continued to show steady improvement and square foot sales prices in 2014 are on the rise.

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

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 list 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 list 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 list 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 list 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 list 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 Point
The CommodorePlaya Del Sol
Royal AmbassadorEdgewater Arms
RivieraRegency 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
Comparison Summary

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

Regency Tower 1 Bedroom  – Extra 1/2 Bath/Similar Sq Ft Price  – Regency Tower 1 bedroom units with a median price $235,000 offer a similar sized unit at 1050 square feet vs 1076 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 $224.00 is also very close on a square foot basis at $224.00 to the median sales price for a 1 bedroom Galt Ocean Mile condo at $222.00 per square foot.

Regency Tower 2 Bedroom Slightly Larger Units/Lower Sq Ft Price – Regency Tower 2 bedroom units with a median price $357,500 for a 2 bed/2 bath unit of 1600 square feet are slightly larger units than the median for 2 bedroom Galt Ocean Mile Condos at 1575 square feet.

The sales price per square foot at $225.00 is however less expensive per square foot than the median sales price for a 2 bedroom Galt Ocean Mile Condo at $242.00 per square foot.

Regency Tower 3 Bedroom Extra 1/2 Bath/Lower Sq Ft Price  Regency Tower 3 bedroom units offer 3 bed/2.5 bath unit of around 2100 square feet  – which is larger than the unit sold in 2013 at 1650 square feet.

3 Bedroom units at Regency Tower also offer an extra 1/2 bath than does the median for a 3 Bedroom Galt Ocean Mile condo.

2013 Regency Tower Sales
Most Expensive Unit Sold

Here is the market analysis report for the most expensive unit sold here in Regency Tower in 2013

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
3 2 1960 $515,000 $263 89.57 203

 

We can see from this report that this 3 bedroom 2 bathroom unit – unit 1111 sold for $515,000 – important to note is that the unit sold for 89.57% of its list price and had 203 days on market.

We feature this unit below

Regency Tower Condo Unit 1111
3850 Galt Ocean Drive
Offered for Sale $575,000

LA: 0 TA: 0 YR: 1969
BED:3 FBATH: 2 HBATH: 1
F1208696

This Fort Lauderdale condo offers direct ocean views and the unit is an Oceanfront Corner condo with a wrap around balcony. 

 

This is a bright and spacious 3 Bedroom condo here on Galt Ocean Mile. This luxury unit has newer windows and paint and offers plenty of closet space.

This luxury condo here in Regency Tower sold on the 3rd of June 2013 for $515,000 – this was the most expensive sale in 2013 for a unit here in Regency Tower.

This Regency Tower condo sold with a sales price to square foot price of $263.00 – which makes this the unit sold with the highest sales price to square foot price in 2013 based on MLS data/records.