Ocean views from a luxury condo here in L'Ambiance Fort Lauderdale

L’Ambiance Condos

L’Ambiance Condos
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 Galt Ocean Mile Condos for Sale

There are currently 2 luxury condos for sale here in L’Ambiance Fort Lauderdale

There is 1 unit currently pending sale and there have been 4 sales of luxury condo units 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 to 2014 sales. Important information for both buyers and sellers!

Key Statistics for Buyers / Sellers
  • Prices from $749,000 – $1.7 Million

Median Sales Prices

  • Sales Price last 12 Months $1,000,000
    2 Bedroom 2 Bathroom Unit
  • Sales to List Price 93%
  • Days on Market 321 Days

Kevin Wirth Fort Lauderdale Realtor

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Kevin Wirth – Realtor
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L’Ambiance
Condos for Sale

The market analysis report for luxury Fort Lauderdale condos for sale here in L’Ambiance is presented below.

 $$ Beds/Baths SF/FF List Price
High 3 / 3 2,823 $1,700,000
Low 3 / 2 1,836 $749,000
Med 3 / 2 1,836 $1,224,500


We can see from this report that the median price for a luxury Fort Lauderdale condo for sale here in L’Ambiance is $1,224,500-
the same as in our last 2 posts.

Both median prices in this post and our last post 2 are / were for a 3 bedroom units.

The important thing to note with the 2 units for sale is their respective stacks and the size of each unit.

  • The most expensive unit offers 2823 square feet and the condo is a flow through unit in the 03 stack and as such offers expansive direct ocean views and “sunset” intracoastal views.
  • The second unit for sale offers 1836 square feet and the condo is a North West unit in the 01 stack and as such offers more limited ocean views as well as “sunset” intracoastal views.  This unit is also well over 900 square feet smaller – but at the price offers great value for a unit in this luxury building.

L’Ambiance Condos
New Listings

There has been no new listings for luxury Fort Lauderdale condos for sale here in L’Ambiance over the last 30 days.

View Fort Lauderdale condo pending sale here in L'Ambiance
View Fort Lauderdale condo pending sale here in L’Ambiance

L’Ambiance Condos
Pending Sales

There is currently just 1 unit pending sale here in L’Ambiance. 

The market analysis report for this unit is presented below.

 Condo Beds/Baths List Price LP$/SqFt
Unit1003 3 / 4 $1,275,000 $452


We can see from this report that condo unit 1003 is currently pending sale here in L’Ambiance.  

This unit a 3 bedroom 4 bathroom luxury condo was listed for sale for $1,275,000 – with a list price to square foot price of $452.00

This luxury condo was offered for sale fully furnished!

The condo is one of the highly sought after flow-through “Astor models” and as such offers spectacular views from every room – views of the ocean and waterways.

The unit has 3 full bedrooms plus a Den and 4.5 bathrooms. A really nice feature of this model is that all rooms open to both balconies.

Other features include: high ceilings (approx 9′,) crown molding throughout, marble in main living areas and all bedrooms come with ensuite baths and large closets.

The private master bedroom has a his/her bath with Jacuzzi. 

Note this unit offers 2823 square feet and the condo is a flow through unit which is also in the 03 stack.  This unit offers both direct ocean views and “sunset” intracoastal views.

View from a 2 bedroom unit recently sold here in L'Ambiance
View from a 2 bedroom unit recently sold here in L’Ambiance

L’Ambiance Condos
Recent Sales – Last 6 Months

There have been 4 x L’Ambiance Luxury Condos sold over the last 6 months – up from 3 in our last post!

The market analysis report for these sales is presented below.

 $$ Beds/Baths SF/FF Sale Price
High 3 / 3 2,823 $1,500,000
Low 2 / 2 1,836 $850,000
Avg 2 / 2 2,329 $1,087,500
Med 2 / 2 2,329 $1,000,000


We can see from this report that the median sales price for a luxury Fort Lauderdale condo here in L’Ambiance has been $1,000,000 

In our earlier post for August / September 2015 the median sales price for a luxury Fort Lauderdale condo sold here in L’Ambiance over the preceding 6 months was $1,075,000

Important to note is that the median price  is based on a sale of a 2 bedroom 2 bathroom unit.

Typically units for sale here in L’Ambiance are 3 bedroom units – so to have the median be based on 2 is unusual.

The reason this has occured is that 2 of the 4 units were 2 bedroom units – these 2 bedroom condos being Unit 2301 and Unit 2001

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for Fort Lauderdale Condos sold in L’Ambiance over the last 6 months.

 $$ SP$/SqFt
High $531
Low $463
Avg $497
Med $497


We can see from this report that BOTH the average and median sales price to square foot price paid for a L’Ambiance condo sold over the last 6 months as recorded by the MLS has been $497.00

In our last post the sales price to square foot prices was $531.00 per square foot – remember however this was based on the sales price of 3 bedroom unit.

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Fort Lauderdale Condos for sale here in L’Ambiance – 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$/LP$
Avg 93%
Med 93%


We can see from this report that BOTH the average and median sales price to list price for Fort Lauderdale condos here in L’Ambiance has been 93%

Note in our last post the median sales price to list price was 96%

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 would sell for 93% of that amount or $930,000.

Days on Market

Days on market for Condos for Sale in L’Ambiance is an important indicator on how strong demand is for Fort Lauderdale condos for sale in this complex..

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

 $$ Days on Market
Avg 660
Med 321

We can see from this report that the average days on market for a Fort Lauderdale condo for Sale in L’Ambiance has been 660 days

Important to note is the median days on market at 321 – well down from our last post when the median was 641 days 

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 is one of the new construction Fort Lauderdale luxury condominiums here on Galt Ocean Mile.

The units are spacious and offer great open plan living with walls of glass and superb views.

Given it is half way through 2015 it is pleasing to see the median sales prices per square foot over the last 6 months at $497.00 – even with the recent sales of 2 x 2 bedroom units!

In our last post the median sales price to list price was $531.00 – this being based on a 3 bedroom unit!

Both these number are well up from the median prices for all of 2014 – see below. 

Pricing  SP$/SqFt
High $514
Median $407

 

It is great to see this increase in median prices – a reflection of demand for these luxury Fort Lauderdale direct oceanfront 2 and 3 bedroom units!

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