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

L’Ambiance Condos

L’Ambiance
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our August 2020 / September 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 – 1 of which is a new listing a Cannes 06 Model!

There have been 3 sales of a luxury oceanfront condo in this complex 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 & 12 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
  • List Prices $634,000 – $1,600,000
  • Median List Price $1,047,000
    -3 Bedroom 2 Bathroom Unit

  • Recent Sales Prices $885,000 – $1,365,000
  • Median Sales Price $960,000
    – 3 Bedroom 2 Bathroom Unit
  • Median Sales Price to Square Foot Price $414.00
  • Median Sales Price to List Price 93%
  • Median Days on Market 48 Days
View L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale Kevin Wirth Realtor
View L’Ambiance 4240 Galt Ocean Drive Fort Lauderdale from Kevin Wirth L’Ambiance Realtor

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 – down from our last post!

In our last post for June 2020 / July 2020 there were 5 x L’Ambiance condos for sale!

Our Market Analysis report for the 4 x L’Ambiance units currently for sale is presented below:

BEDS / BATHS LA LP$
Min 2 / 2 1,836 $634,900
Max 3 / 3 2,823 $1,600,000
Avg 3 / 2 2,203 $1,082,225
Median 3 / 2 2,077 $1,047,000

We can see from this report that the average list price for a L’Ambiance Galt Ocean Mile condo is $1,082,225 – this being for a 3 bedroom 2 bathroom 2203 square foot condo has a list price to square foot price of $479.00

We can also see from this report that the median list price for a L’Ambiance Galt Ocean Mile condo is $1,047,000 – this being for a 3 bedroom 2 bathroom 2077 square foot condo has a list price to square foot price of $503.00 up from our last 2 posts!

In our last post the median list price for a L’Ambiance Galt Ocean Mile condo was lower at $995,000 – this being for a 3 bedroom 2 bathroom 2318 square foot condo has a list price to square foot price of $429.00

In our prior post the median list price for a L’Ambiance Galt Ocean Mile condo was lower at $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 – 2 bedroom units seldom come up for sale!

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 $634,900 $346.00
3 / 2 2,318 $1,195,000 $516.00

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

  • 2 Bedroom L’Ambiance condos currently for sale is $634,900this being for a 2 bedroom 2 bathroom 1836 square foot unit with list price to square foot price of $346.00
  • 3 Bedroom L’Ambiance condos currently for sale is $1,195,000this being for a 3 bedroom 2 bathroom 2318 square foot unit with list price to square foot price of $516.00

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

View Galt Ocean Mile condo L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale just listed for sale Unit 406
View Galt Ocean Mile condo L’Ambiance 4240 Galt Ocean Drive just listed for sale Unit 406

L’Ambiance Condos
New Listings

There have been 1 new listing of a luxury Galt Ocean Mile condo here in L’Ambiance over the last 30 days

Our market analysis report for this new listing is presented below:

BEDS / BATHS LA LP$
Unit 406 3 / 2 1,836 $899,000

We can see from this report that unit 406 a 3 bedroom luxury L’Ambiance condo has just been listed for sale for $899,000 this 3 bedroom 3 bathroom 1836 square foot unit has a list price to square foot price of $490.00

Unit 406 offers lush tropical garden, fountain and sunset views!

This stunning corner unit is beautifully furnished and features a semi-private elevator, foyer, marble floors, updated open kitchen, breakfast bar, gorgeous Oak and glass beveled doors. 

The unit has hand crafted built-ins in the office/bedroom, bamboo floors, surround sound throughout, custom moldings, huge walk-in closet, plantation shutters, large outdoor terrace, impact windows and doors.

There is an indoor laundry room and two parking spaces.

Unit 406 is a Cannes Line 06 model!

View Galt Ocean Mile condo L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale pending sale Unit 1605
View Galt Ocean Mile condo L’Ambiance 4240 Galt Ocean Drive pending sale Unit 1605

L’Ambiance Condos
Pending Sales

There are currently 3 x luxury L’Ambiance Galt Ocean Mile condos pending sale here in L’Ambiance

It is important to note that in our last 3 posts there were no units pending sale!

Our market analysis report for these 3 units is presented below:

BEDS / BATHS LA LP$
Unit 1102 3 / 2 2,318 $1,175,000
Unit 1605 3 / 2 2,318 $995,000
Unit 705 3 / 2 2,318 $954,900

We can see from this report that:

L’Ambiance Unit 1102 a 3 bedroom condo listed for sale for $1,175,000 is now pending sale – this 3 bedroom 2 bathroom 2318 square foot unit has a list price to square foot price of $507.00

This luxury Galt Ocean Mile condo is a “Gorgeous” North-East corner unit with direct ocean views. This recently updated split bedroom home features a new gourmet kitchen. 

Unit 1102 is a Bristol 02 direct oceanfront model!

L’Ambiance Unit 1605 a 3 bedroom condo listed for sale for $995,000 is now pending sale – this 3 bedroom 2 bathroom 2318 square foot unit has a list price to square foot price of $429.00

This luxury Galt Ocean Mile condo is a South-East corner unit with direct ocean views. The Sunrises are spectacular!  This condo comes completely furnished. 

L’Ambiance Unit 705 a 3 bedroom condo listed for sale for $954,900 is now pending sale – this 3 bedroom 2 bathroom 2318 square foot unit has a list price to square foot price of $412.00

This luxury Galt Ocean Mile condo is an amazing ocean front unit with direct ocean views.  The unit has been completely remodeled and features: a brand new state of the art kitchen, new floors, new custom closets and new bathroom finishes.

View Galt Ocean Mile condo L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale sold last 12 Months!
Galt Ocean Mile condo L’Ambiance 4240 Galt Ocean Drive Fort Lauderdale sold last 12 Mths!

L’Ambiance Condo Sales
Last 12 Months

There have been 3 x L’Ambiance Galt Ocean Mile condos sold over the last 12 months.

The market analysis report for these 3 sales is presented below.

BEDS / BATHS LA SP$
Min 3 / 2 2,318 $885,000
Max 3 / 4 2,823 $1,365,000
Avg 3 / 2 2,486 $1,070,000
Median 3 / 2 2,318 $960,000

We can see from this report that the median price for a luxury condo sold here in L’Ambiance over the last 12 months has been $960,000 – this being for a 3 bedroom 2 bathroom unit  

Note: the highest sales price of $1,365,000 – this being for unit 1203 a 3 bedroom 4 bathroom Astor Line 03 direct oceanfront “Flow-Through” model!

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 12 months.

SP$/SqFt
Min $382.00
Max $484.00
Avg $426.00
Median $414.00

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 $414.00 per square foot 

It is important to note the highest square foot price paid at $484.00, 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 94%
Avg 93%
Median 93%

We can see from this report that BOTH the average and median sales price to list price for units sold over the last 12 months has been 93%

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 93% of that amount or $930,000.

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 36
Max 361
Avg 148
Median 48

We can see from this report the median days on market has been 48 days or just over 7 weeks!

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

View Galt Ocean Mile condominium L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condominium L’Ambiance 4240 Galt Ocean Drive Fort Lauderdale

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 12 months.

BEDS / BATHS LA SP$
Unit 1203 3 / 4 2,823 $1,365,000
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 1203 a 3 Bedroom Luxury L’Ambiance condo which sold for $1,365,000 – this 3 bedroom 2 bathroom unit of 2823 square feet had a sales price to square foot price of $484.00

Unit 1203 sold for 94% of list price and had just 36 days on market!

Unit 1203 is an Astor Line 03 direct oceanfront “Flow-Through” model!

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 – a mix of 2 and 3 bedroom units!

It is really great to report that we have 3 units pending sale – after having no sales for the last 6 months!

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