View from one of the Royal Ambassador condos Fort Lauderdale - 3700 Galt Ocean Dr, Fort Lauderdale

Royal Ambassador

Royal Ambassador
Fort Lauderdale Condos

Royal Ambassador Fort Lauderdale condos for sale are located on the prestigious Galt Ocean Mile.

Royal Ambassador has 213 condos and offers studios, 1, 2 and 3 bedroom condos with spectacular views

Search Royal Ambassador Fort Lauderdale FL Condos for Sale

 

Royal Ambassador
Galt Ocean Mile – Key Statistics
Royal Ambassador Address: 3700 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • Pricing from $229,000 – $550,000

Median Sales Prices

  • Sales Price last 6 Months $440,000
    – 2 Bedroom 2 Bathroom Unit
  • Sales Price to Sq Ft Price $343.00
  • Sales to List Price 95%
  • Days on Market 51 Days

Key Facts

Address: 3700 Galt Ocean Dr. Fort Lauderdale, Fl 33308
Built: 1968/1969
Royal Ambassador is a condominium

Royal Ambassador Condominium
Phone (954) 563-4228

Condo Rentals – owners may rent their condos after 12 months ownership, rents range from $3000 upwards

While most Condos have their own Washer/ Dryer – a nice feature is that each floor also has its own Laundry room.

The Royal Ambassador Ft Lauderdale

This beachfront condominium has recently undergone extensive renovations including new balconies.  These renovations that capture and preserve its mid-century – 1960’s charm.

The complex has a new management company also.

The Royal Ambassador offers condos ranging from over 500 to over 1,600 hundred “total” square feet under air.

Search Galt Ocean Mile Condos for Sale

View Galt Ocean Mile New Listings


Kevin Wirth Realtor

Buying Selling?

Call or email me today

Kevin Wirth – Realtor
Royal Ambassador Fort Lauderdale Specialist
kevinsellsmore@gmail.com
954-459-0337

Click here to email me now


View Galt Ocean Mile condo Royal Ambassador 3700 Galt Ocean Drive Fort Lauderdale for sale
 Galt Ocean Mile condo Royal Ambassador 3700 Galt Ocean Drive Fort Lauderdale for sale

Royal Ambassador Blog
September 2020 / October 2020

There are currently 5 x Royal Ambassador Galt Ocean Mile condos for sale – of which 1 is a new listing (a 1 bedroom unit)

There have been 7 sales of condos here over the last 12 months and 2 units are currently pending sale (both 1 bedroom units)

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 over the last 6 & 12 months!

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

Read More

My Blog on Royal Ambassador Fort Lauderdale FL
Older Posts
July 2020 / August 2020 Royal Ambassador Post
May 2020 / June 2020 Royal Ambassador Post
March 2020 / April 2020 Royal Ambassador Post
January 2020 / February 2020 Royal Ambassador Post
November 2019 / December 2019 Royal Ambassador Post
July 2019 / August 2019 Royal Ambassador Post
February 2019 / March 2019 Royal Ambassador Post
December 2018 / January 2019 Royal Ambassador Post
October / November 2018 Royal Ambassador Post
August / September 2018 Royal Ambassador Post
June / July 2018 Royal Ambassador Post
April / May 2018 Royal Ambassador Post
February / March 2018 Royal Ambassador Post
Dec 2017 / Jan 2018 Royal Ambassador Post

October / November Royal Ambassador Post
August / September Royal Ambassador Post
June / July 2017 Royal Ambassador Post
April / May 2107 Royal Ambassador Post
Feb / March 2017 Royal Ambassador Post
Dec 2016 / Jan 2017 Royal Ambassador Post
Oct / Nov 2016 Royal Ambassador Post
Aug / Sept 2016 Royal Ambassador Post
May / June 2016 Royal Ambassador Post
Feb / March 2016 Royal Ambassador Post
Dec 2015 / Jan 2016 Royal Ambassador Post
October / November Royal Ambassador Post

August / Sept Royal Ambassador Post

July / August Royal Ambassador Post
May / June Royal Ambassador Post
March / April Royal Ambassador Post
December / January Royal Ambassador Post
November 2013 Royal Ambassador Post
October 2013 Royal Ambassador Post
September 2014 Royal Ambassador Post
August 2014 Royal Ambassador Post
July 2014 Royal Ambassador Post

June 2014 Royal Ambassador Post
May 2014 Royal Ambassador Post

Royal Ambassador Condos
2019 Prices By Bedroom

Here is a pricing guide based on median sales prices for Galt Ocean Mile condos sold in Royal Ambassador in 2019.

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 800 $262,000 $313.00
2 / 2 1,130 $440,000 $389.00
3 / 2 1,490 $491,000 $330.00

We can see from this report that in 2019 for:

There were no Royal Ambassador Studio units sold in 2019

Royal Ambassador 1 Bedroom units the median sales price was $262,000 – this being for a 1 bed/1 bath unit of 800 square feet with a list price to square foot price of $313.00

Royal Ambassador 2 Bedroom units the median sales price was $440,000 – this being for a 2 bed/2 bath unit of 1130 square feet with a list price to square foot price of $389.00

Royal Ambassador 3 Bedroom units the median sales price was $491,000 – this being for a 3 bed/2 bath unit of 1490 square feet with a list price to square foot price of $330.00

Median Sales Prices 1 Bedroom Royal Ambassador Condos 3700 Galt Ocean Drive Fort Lauderdale 2006-2019
Median Sales Prices 1 Bedroom Royal Ambassador Condos 3700 Galt Ocean Drive 2006-2019

Royal Ambassador Condos
Sales Prices 2006 – 2019

Here is our market summary graph and report showing median prices for 1 bedroom Royal Ambassador condos sold between 2006 and 2019

BEDS / BATHS LA SP$
2019 1 / 1 800 $262,000
2018 1 / 1 800 $255,000
2017 1 / 1 800 $260,250
2016 1 / 1 800 $238,500
2015 1 / 1 800 $218,000
2014 1 / 1 850 $214,872
2013 1 / 1 800 $206,500
2012 1 / 1 900 $191,500
2011 1 / 1 885 $182,500
2010 1 / 1 800 $195,000
2009 1 / 1 900 $198,500
2008 1 / 1 900 $190,000
2007 1 / 1 800 $257,000
2006 1 / 1 800 $274,900

We can see how median sales prices for 1 bedroom Royal Ambassador Fort Lauderdale condos have risen from a low of $202,900 in 2011 up-to a high $267,144 in 2017.

Now in 2019 median prices have softened – down to $262,000. 

Important to note is that median prices in 2019 are still below 2006!

More on Royal Ambassador condo sales for 2019
More on Royal Ambassador condo sales for 2018
More on Royal Ambassador condo sales for 2017
More on Royal Ambassador condo sales for 2016
More on Royal Ambassador condo sales for 2015

More on Royal Ambassador condo sales for 2014
More on Royal Ambassador condo sales for 2013

View of Galt Ocean Mile Beach and Condominiums

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

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 Ambassador – Edgewater Arms
RivieraRegency Tower
Regency Tower SouthGalt Ocean Club
Playa Del MarOcean Summit
Ocean ClubThe Galleon
L’Ambiance BeachGalt Towers
Plaza SouthPlaza East

View of the Beach from Royal Ambassador's Sun deck

2019 Royal Ambassador
to Galt Ocean Mile Condos

Here we compare the data for Royal Ambassador condos to Galt Ocean Mile condos – based on median sales prices for all of 2019

Royal Ambassador 1 Bedroom units – Smaller Units/Lower Price  – Royal Ambassador 1 bedroom units with a median price $262,000 offer a smaller sized unit at 800 square feet vs the median of 1050 square feet for 1 bedroom Galt Ocean Mile condos.

The median sales price of a 1 bedroom Galt Ocean Mile condo is higher at $277,750.

Royal Ambassador 2 Bedroom units – Smaller Units/Lower Price – Royal Ambassador 2 bedroom units with a median price $440,000 for a 2 bed/2 bath unit of 1130 square feet are a smaller units than are the median for 2 bedroom Galt Ocean Mile Condos at 1550 square feet

The median sales price of a 2 bedroom Galt Ocean Mile condo is higher at $485,000

Royal Ambassador 3 Bedroom units – Smaller Units/Lower Price – Royal Ambassador 3 bedroom units with a median price $491,000 for a 2 bed/2 bath unit of 1490 square feet are much smaller units than are the median for 3 bedroom Galt Ocean Mile Condos at 2158 square feet

The median sales price of 3 bedroom Galt Ocean Mile condo is much higher at $967,500

My perspective on Royal Ambassador units

Royal Ambassador offers one of the widest range of condo options on Galt Ocean Mile. This gives the building a certain energy or “vibe” that other buildings simply do not have.

Royal Ambassador also has a great position right on Galt Ocean Mile and units while often smaller can offer real value.

If you’re looking for a condo here in Ft Lauderdale then visiting units for sale in Royal Ambassador is well worth the time!

Royal Ambassador

Seen above The Royal Ambassador stands proud set against the clear blue skies and wonderful warm weather we enjoy almost all year round here in Fort Lauderdale.

Royal Ambassador
Fort Lauderdale Condos

The Royal Ambassador Fort Lauderdale condos offer fine living along Galt Ocean Mile here in Fort Lauderdale.

The complex is nested on a beautiful private “blue Ribbon” beach and the Royal Ambassador is just a short walk away from pharmacies, restaurants, supermarkets, dry cleaners, liquor stores, and dozens of specialty shops for which the Galt Ocean Mile is renowned.

Several Hospitals and Medical Centers are just a few minutes drive away, as is Fort Lauderdale/Hollywood International Airport and Executive Airport.

Galt Ocean Mile is really an ideal location with its Palm lined and pedestrian friendly “Galt Ocean Drive” and its own shopping strip.

During the past few years the Royal Ambassador has undergone extensive renovations – a new roof was installed, the indoor garage was waterproofed, and the driveway was resurfaced with high quality pavers.

A concrete restoration project designed to refurbish and upgrade the balconies while keeping them true to the original 1960s has also been successfully completed.

Hurricane windows were also installed in each condo.

Other recent upgrades to the Royal Ambassador include renovation of the 24 hour fitness center and enhanced security with 18 security cameras in operation.

Royal Ambassador
2019 Most Expensive Sale

Here is the market analysis report for the most expensive Royal Ambassador Fort Lauderdale condo sold in 2019

BEDS / BATHS LA SP$
Unit 1205 2 / 2 1,350 $537,000

We can see from this report that a 2 bedroom unit – Unit 1205 sold for $537,000 – this 2 bedroom 2 bathroom 1350 square foot unit had a sales price to square foot price of $398.00

We feature this unit below

Royal Ambassador Fort Lauderdale
Condo Unit 1205
Offered for Sale $589,000

This Galt Ocean Mile is in a rarely available stack and offers breathtaking direct ocean views

Unit 1205 is tastefully updated North East corner unit!

The condo features: Impact windows and doors. a remodeled custom open kitchen with Stainless Steel appliances, granite counters, a cooking island, a wine fridge, a pantry and a washer/dryer.

This Galt Ocean Mile condo in Royal Ambassador closed on the 17th of October 2019 and sold for $537,000 – this was the most expensive sale in 2019 for a unit here in Royal Ambassador.

Royal Ambassador condo unit 1205 sold with a sales price to square foot price of $398.00 – which makes this the unit sold with the highest sales price to square foot price in 2019 based on MLS data/records.

Also important to note is that the unit sold for 91% of its final list price and had just 30 days on market or approx 1 month!

Kevin_Wirth_on_Galt_Ocean_Mile

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

I hope you have enjoyed reading my post on Royal Ambassador Fort Lauderdale Florida Condos for Sale  – Kevin Wirth – Realtor

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