View L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale condo for sale

L’Ambiance Condos

L’Ambiance
Galt Ocean Mile Condos

Welcome to my December 2018 / January 2019 post on L’Ambiance Galt Ocean Mile condos for sale Fort Lauderdale.

Fort Lauderdale condos for sale here in L’Ambiance are luxury units set right on the ocean in one of the newer construction condominiums here on Galt Ocean Mile.

Search L’Ambiance Condos for Sale

 

There are just 2 x Luxury Galt Ocean Mile direct oceanfront condos for sale here in L’Ambiance – 1 of which is a new listing!

There have been 4 sales of a luxury oceanfront condo in this complex over the last 6 months

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 L’Ambiance – Important information for both buyers and sellers!

L’Ambiance
Galt Ocean Mile Condos – Key Statistics
L’Ambiance Condominium complex in Fort Lauderdale, Florida
Address: 4240 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • Prices from $1,100,000 – $1,250,000

Median Sales Prices

  • Sales Price last 6 Months $670,000
    – 3 Bedroom 2 Bathroom luxury unit
  • Sales Price to Square Foot Price $362.00
  • Sales to List Price 94%
  • Days on Market 229 Days
L'Ambiance condominium 4240 Galt Ocean Drive Fort Lauderdale Florida
View of L’Ambiance condominium 4240 Galt Ocean Drive on our famous “Galt Ocean Mile”

L’Ambiance
Condos for Sale

There are currently just 2 x luxury L’Ambiance Galt Ocean Drive condo for sale here on Galt Ocean Mile 

In our last post on L’Ambiance condos for sale for October / November 2018 there were also just 2 units for sale!

Our market analysis report for these 2 x luxury Galt Ocean Mile condo for sale is presented below.

BEDS / BATHS LA LP$
Min 3 / 2 2,318 $1,100,000
Max 3 / 2 2,318 $1,250,000
Avg 3 / 2 2,318 $1,175,000
Median 3 / 2 2,318 $1,175,000

We can see from this report that prices for Luxury L’Ambiance condos for sale range from $1,100,000 to $1,250,000.

We can also see that the median price for a L’Ambiance condo for sale is $1,175,000 – this being for a 3 bedroom 2 bathroom 2077 square foot unit has a list price to square foot price of $428.00

In our last post the median price for a L’Ambiance condo for sale was $899,500 – this being for a 3 bedroom 2 bathroom 2077 square foot unit has a list price to square foot price of $428.00

The stacks or lines in L’Ambiance really influence prices! 

We review these lines in more detail below.


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

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

Click here to email me now


L’Ambiance
Galt Ocean Mile – “Condo Lines”

Currently we have a limited range of Galt Ocean Mile condos for sale “by Line” here in L’Ambiance.

The diagram below gives us an outline of the building condos currently for sale by line  / stack.

Plan L'Ambiance Galt Ocean Mile Condos for Sale by Lines

We can see from this diagram the different lines for L’Ambiance Galt Ocean Mile condos for sale – these “lines” being known as Astor, Bristol and Cannes.

Astor – Line 3 & 4 
These are 3 bedroom oceanfront condo units with a den and 4.5 bathrooms

Bristol – Line 2 & 5
These are 2 bedroom oceanfront condo units with a den / 3rd bedroom convertable and 2.5 bathrooms

Cannes – Line 1 & 6 – Floors
These are 2 bedroom condo units with a den / 3rd bedroom convertible and 2 bathrooms

L’Ambiance Condos
New Listings

There has been 1 new listings of luxury condos here in L’Ambiance over the last 30 days – There had been just 1 new listing in our last post – this being unit 905 a 3 bedroom condo listed for sale for $1,100,000!

Our Market Analysis report for this new listing is presented below:

CONDO BEDS / BATHS LA LP$
Unit 2005 3 / 2 2,318 $1,250,000

We can see from this report that Unit 2005 a 3 bedroom luxury L’Ambiance has just been listed for sale for $1,250,000this 3 bedroom 2 bathroom 2318 square foot unit has a list price to square foot price of $539.00

This Galt Ocean Mile condo offers stunning direct ocean views

The unit features: a large floor plan (over 2300 square feet under air) with a huge open balcony.

There are floor to ceiling impact windows and 9ft ceilings and 3 deeded indoor parking spots!

Unit 2005 is a Bristol Model / Line 05

L’Ambiance Condos
Pending Sales

There is currently no luxury L’Ambiance Galt Ocean Mile condos pending sale here in L’Ambiance

In our last post there were also no units pending sale!

View Galt Ocean Mile condo L'Ambiance galt ocean drive recently sold - Unit 405
View Galt Ocean Mile condo L’Ambiance galt ocean drive recently sold – Unit 405

L’Ambiance Condos
Recent Sales – Last 6 Months

There have been 4 x L’Ambiance Galt Ocean Mile condos sold over the last 6 months – this is down from 6 sales over the preceding 6 months as in our last post for October / November 2018!

The market analysis report for these 4 sales is presented below.

BEDS / BATHS LA SP$
Min 3 / 2 1,836 $635,000
Max 3 / 2 2,318 $950,000
Avg 3 / 2 1,997 $731,250
Median 3 / 2 1,836 $670,000

We can see from this report that the average price for a luxury Galt Ocean Mile condo sold here in L’Ambiance over the last 6 months has been $731,250 – this being for a 3 bedroom 2 bathroom unit 

We can also see that the median price for a luxury condo sold here in L’Ambiance over the last 6 months has been $670,000 – this being for a 3 bedroom 2 bathroom unit  

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for ALL L’Ambiance Galt Ocean Mile condos sold over the last 6 months.

SP$/SqFt
Min $346.00
Max $410.00
Avg $373.00
Median $362.00

We can see from this report that the median sales price to square foot price paid for a condo sold here in L’Ambiance over the last 6 months has been $362.00 per square foot  – down from $370.00 in our last post and $399.00 in our prior post!

It is important to note the highest square foot price paid at $410.00!

% Sales to List Price

An important real estate indicators to note is how much  buyers are paying for L’Ambiance Galt Ocean Mile condos for sale – we can gauge this based on the percentage of sales price to list price paid by buyers.

The market analysis report for this is presented below

SP$/LP$
Min 91%
Max 95%
Avg 94%
Median 94%

We can see from this report that BOTH the average and median sales price to list price for units sold over the last 6 months has been 94%

This means if a Fort Lauderdale condo for sale here in L’Ambiance is listed at $1,000,000 – then based on median sales data the condo could be expected to sell for 94% of that amount or $940,000.

Days on Market

Days on market for Galt Ocean Mile Condos for Sale in L’Ambiance is an important indicator on how strong demand is for condos in this complex..

Here is the market analysis report for Days on Market based on condo sales over the last 6 months.

DOM
Min 84
Max 479
Avg 255
Median 229

We can see from this report that the average days on market for a Galt Ocean Mile condo sold in L’Ambiance is 255 days

We can also see that the median days on market at 229 days or just over 8 months – up from 192 days in our last post!

Days on market is the time from when the condo was listed for sale till the condo sold AND closed.

Pool views Galt Ocean Mile condo for sale L'Ambiance 4240 Galt Ocean Drive
Pool views Galt Ocean Mile condo for sale L’Ambiance 4240 Galt Ocean Drive

L’Ambiance
Sales by Unit

Here is our market summary report for L’Ambiance condos showing the data for each of the units sold over the last 6 months.

CONDO BEDS / BATHS LA SP$
Unit 405 3 / 2 2,318 $950,000
Unit 2101 3 / 2 1,836 $675,000
Unit 1506 3 / 2 1,836 $665,000
Unit 1006 3 / 2 1,836 $635,000

We can see from this report the details for each unit sold as well as the most expensive unit sold which was Unit 405 a 3 Bedroom Luxury L’Ambiance condo which sold for $950,000 – this 3 bedroom 2 bathroom unit of 2318 square feet had a sales price to square foot price of $410.00

Unit 405 a Bristol Model sold for 95% of list price and had 84 days on market – or just under 3 months!

Unit 405 is a Bristol Model / Line 05

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

L’Ambiance Galt Ocean Mile condos are units in one of the newer construction Fort Lauderdale luxury condominiums here on Galt Ocean Mile.

Currently we have 2 units for sale –  both great properties!

I am also pleased to report continuing strong sales in L’Ambiance over the last 8 months with 4 units sold!

I hope you have enjoyed this post on L’Ambiance condos for sale Fort Lauderdale – Kevin Wirth Realtor