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

L’Ambiance Condos

L’Ambiance
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our April 2020 / May 2020 pricing guide for L’Ambiance Galt Ocean Mile Condos 4240 Galt Ocean Drive, Fort Lauderdale, Florida

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 4 x  L’Ambiance Galt Ocean Mile condos currently for sale.

There have been 2 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
  • Median List Price $982,500
    -3 Bedroom 2 Bathroom Unit

  • Recent Sales Prices $885,000 – $960,000
  • Median Sales Price $922,500
    – 3 Bedroom 2 Bathroom Unit
  • Median Sales Price to Square Foot Price $398.00
  • Median Sales Price to List Price 92%
  • Median Days on Market 204 Days
View L'Ambiance Galt Ocean Mile condominium 4240 Galt Ocean Drive Fort Lauderdale
View L’Ambiance Galt Ocean Mile condominium 4240 Galt Ocean Drive Fort Lauderdale

L’Ambiance Galt Ocean Mile
Condos for Sale

There are currently 4 x luxury L’Ambiance Galt Ocean Mile condos for sale here on Galt Ocean Mile – well up from our last post!

In our last post for January 2020 / February 2020 there was just 1 x L’Ambiance condos for sale!

Our Market Analysis report for these units is presented below:

BEDS / BATHS LA LP$
Min 2 / 2 1,836 $665,000
Max 3 / 2 2,318 $1,195,000
Avg 3 / 2 2,198 $956,250
Median 3 / 2 2,318 $982,500

We can see from this report that the average list price for a L’Ambiance Galt Ocean Mile condo is $956,250 – this being for a 3 bedroom 2 bathroom 2198 square foot condo has a list price to square foot price of $431.00

We can also see from this report that the median list price for a L’Ambiance Galt Ocean Mile condo is $982,500 – this being for a 3 bedroom 2 bathroom 2318 square foot condo has a list price to square foot price of $424.00

It is important to note that we currently have a mix of 2 and 3 bedroom units for sale!

View 3 Bedroom Galt Ocean Mile condo for sale L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale
View from a 3 Bedroom Galt Ocean Mile condo for sale in L’Ambiance 4240 Galt Ocean Drive

L’Ambiance Condos
Median List Price by Bedroom

Here is our market summary report showing median list price by bedroom for L’Ambiance Galt Ocean Mile condos currently for sale.

BEDS / BATHS LA LP$ LP$/SqFt
2 / 2 1,836 $665,000 $362.00
3 / 2 2,318 $995,000 $429.00

We can see from this report that median list prices for:

  • 2 Bedroom L’Ambiance condos currently for sale is $665,000this being for a 2 bedroom 2 bathroom 1836 square foot unit with list price to square foot price of $362.00
  • 3 Bedroom L’Ambiance condos currently for sale is $995,000this being for a 3 bedroom 2 bathroom 2318 square foot unit with list price to square foot price of $429.00

Currently we have 1 x 2 bedroom unit for sale and 3 x 3 bedroom units for sale!


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”

Here is an outline of Galt Ocean Mile condos “by Line” here in L’Ambiance.

The diagram below gives us an outline of the building condos 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 have been no new listings of a luxury Galt Ocean Mile condo here in L’Ambiance over the last 30 days – this is the same as in our last 2 posts!

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 post there were also no units pending sale!

View L'Ambiance Galt Ocean Mile condo recently sold 4240 Galt Ocean Drive - Unit 2005
View L’Ambiance Galt Ocean Mile condo recently sold 4240 Galt Ocean Drive – Unit 2005

L’Ambiance Condos
Recent Sales – Last 6 Months

There have been just 2 x L’Ambiance Galt Ocean Mile condos sold over the last 6 months.

This is down from 3 sales over the preceding 6 months as in our last post January 2020 / February 2020

The market analysis report for these 2 sales is presented below.

BEDS / BATHS LA SP$
Min 3 / 2 2,318 $885,000
Max 3 / 2 2,318 $960,000
Median 3 / 2 2,318 $922,500

We can see from this report that the median price for a luxury condo sold here in L’Ambiance over the last 6 months has been $922,500 – this being for a 3 bedroom 2 bathroom unit  

Note: Both sales have been for 3 bedroom 2 Bathroom units!

Square Foot Prices
Condos Sold

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

SP$/SqFt
Min $414.00
Max $382.00
Median $398.00

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 $398.00 per square foot – down from $427.00 per square foot in our last post!

It is important to note the highest square foot price paid at $414.00, which is the same as in our last post!

% 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 90%
Max 93%
Median 92%

We can see from this report that median sales price to list price for units sold over the last 6 months has been 92% – down from 93% in our last post and 94% in our prior post

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 92% of that amount or $920,000.

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 48
Max 361
Median 204

We can see from this report the median days on market has been 204 days or just under 7 months!

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

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.

BEDS / BATHS LA SP$
Unit 2005 3 / 2 2,318 $960,000
Unit 402 3 / 2 2,318 $885,000

We can see from this report the details for each unit sold as well as the most expensive unit sold which was Unit 2005 a 3 Bedroom Luxury L’Ambiance condo which sold for $960,000 – this 3 bedroom 2 bathroom unit of 2318 square feet had a sales price to square foot price of $414.00

Unit 2005 sold for 90% of list price and had 361 days on market – or just under 1 year!

Unit 2005 is an 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 4 units for sale – which is great!

Especially given the mix of units –  from 2 bedroom through to 3 bedroom units!

Inventory at L’Ambiance had been very low for many months.

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