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

L’Ambiance Condos

L’Ambiance
Galt Ocean Mile Condos

Welcome to my March 2019 / April 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

There have been 1 sale of a luxury oceanfront condo in this complex over the last 6 months and 7 sales over the last 12 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 $1,090,000 – $1,150,000
  • Sales Prices last 12 Months $635,000 – $975,000
  • Median Sales Price to Square Foot Price $362.00
  • Median Sales to List Price 95%
  • Median Days on Market 225 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 December 2018 / January 2019 there were also just 2 units for sale!

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

BEDS / BATHS LA LP$
Min 3 / 2 2,318 $1,090,000
Max 3 / 2 2,318 $1,150,000
Avg 3 / 2 2,318 $1,120,000
Median 3 / 2 2,318 $1,120,000

We can see from this report that prices for Luxury L’Ambiance condos for sale range from $1,090,000 to $1,150,000.

We can also see that the median price for a L’Ambiance condo for sale is $1,120,000 – this being for a 3 bedroom 2 bathroom 2318 square foot unit has a list price to square foot price of $483.00

In our last post the median price for a L’Ambiance condo for sale was a little higher at $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

It is important to note that the stacks or lines in L’Ambiance really influence condo 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

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

L’Ambiance Condos
New Listings

There has been no 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 2005 a 3 bedroom condo originally listed for sale for $1,250,000!

Unit 2005 is a direct oceanfront facing Bristol Model / Line 05

L’Ambiance Condos
Pending Sales

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

In our last 2 posts there were also units pending sale!

View Galt Ocean Mile condo recently sold L'Ambiance Unit 1506
View from a luxury Galt Ocean Mile condo recently sold L’Ambiance – Unit 1506

L’Ambiance Condos
Recent Sales – Last 6 Months

There have been just 1 x L’Ambiance Galt Ocean Mile condo sold over the last 6 months – this is down from 4 sales over the preceding 6 months as in our last post for December 2018 / January 2019

The market analysis report for this 1 sale is presented below.

CONDO BEDS / BATHS LA SP$
Unit 1506 3 / 2 1,836 $665,000

We can see from this report that L’Ambiance luxury condo unit 1506 sold for $665,000 – this unit was a 3 bedroom 2 bathroom unit of 1836 square feet.

Unit 1506 was a Cannes O6 Line condo and this unit sold for $362.00 per square foot.

Unit 1506 sold for 95% of its list price and had 298 days on market or just under 10 months!

View Galt Ocean Mile condo sold L'Ambiance 4240 Galt Ocean Drive - Unit 405
View Galt Ocean Mile condo sold L’Ambiance 4240 Galt Ocean Drive – Unit 405

L’Ambiance Condos
Sales Last 12 Months

There have been 7 x L’Ambiance Galt Ocean Mile condos sold over the last 12 months

The market analysis report for these 7 sales is presented below.

BEDS / BATHS LA SP$
Min 3 / 2 1,836 $635,000
Max 3 / 2 2,318 $975,000
Avg 3 / 2 1,997 $745,357
Median 3 / 2 1,836 $665,000

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 12 months has been $745,357 – 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 12 months has been $665,000 – 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 12 months.

SP$/SqFt
Min $346.00
Max $421.00
Avg $379.00
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 12 months has been $362.00 per square foot

It is important to note the highest square foot price paid at $421.00!

% 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 98%
Avg 95%
Median 95%

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 95%

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 95% of that amount or $950,000.

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 12 months.

DOM
Min 84
Max 479
Avg 234
Median 225

We can see from this report that the average days on market for a Galt Ocean Mile condo sold in L’Ambiance is 234 days

We can also see that the median days on market at 225 days or just under 8 months 

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

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 strong sales in L’Ambiance over the last 12 months with 7 units sold!

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