L’Ambiance
Galt Ocean Mile Condos
2020 Pricing Guide
Welcome to our October 2020 / November 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 5 x L’Ambiance Galt Ocean Mile condos currently for sale – 2 of which are new listings
There have been 2 sales of a luxury oceanfront condo in this complex over the last 6 months and 2 units are pending sale.
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
- List Prices $634,000 – $1,600,000
- Median List Price $998,000
-3 Bedroom 2 Bathroom Unit
- Recent Sales Prices $935,000 – $950,000
- Median Sales Price $942,500
– 3 Bedroom 2 Bathroom Unit - Median Sales Price to Square Foot Price $407.00
- Median Sales Price to List Price 97%
- Median Days on Market 158 Days
L’Ambiance Galt Ocean Mile
Condos for Sale
There are currently 5 x luxury L’Ambiance Galt Ocean Mile condos for sale here on Galt Ocean Mile – up slightly from our last post!
In our last post for August 2020 / September 2020 there were 4 x L’Ambiance condos for sale!
Our Market Analysis report for the 5 x L’Ambiance units currently for sale is presented below:
| BEDS / BATHS | LA | LP$ | |
| Min | 2 / 2 | 1,836 | $634,900 |
| Max | 3 / 3 | 2,823 | $1,600,000 |
| Avg | 3 / 2 | 2,226 | $1,045,380 |
| Median | 3 / 2 | 2,318 | $998,000 |
We can see from this report that the average list price for a L’Ambiance Galt Ocean Mile condo is $1,045,380 – this being for a 3 bedroom 2 bathroom 2226 square foot condo has a list price to square foot price of $459.00
We can also see from this report that the median list price for a L’Ambiance Galt Ocean Mile condo is $998,000 – this being for a 3 bedroom 2 bathroom 2318 square foot condo has a list price to square foot price of $435.00 – up from our last 2 posts!
In our last post the median list price for a L’Ambiance Galt Ocean Mile condo was higher at $1,047,000 – this being for a 3 bedroom 2 bathroom 2077 square foot condo has a list price to square foot price of $503.00
It is also important to note that we currently have a mix of 2 and 3 bedroom units for sale – 2 bedroom units seldom come up for sale!
L’Ambiance Condos
Median List Price by Bedroom
Here is our market summary report showing median list price by bedroom for L’Ambiance Galt Ocean Mile condos currently for sale.
| BEDS / BATHS | LA | LP$ | LP$/SqFt |
| 2 / 2 | 1,836 | $634,900 | $346.00 |
| 3 / 2 | 2,318 | $1,096,500 | $475.00 |
We can see from this report that median list prices for:
- 2 Bedroom L’Ambiance condos currently for sale is $634,900 – this 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 $1,096,500 – this being for a 3 bedroom 2 bathroom 2318 square foot unit with list price to square foot price of $475.00
Currently we have 1 x 2 bedroom L’Ambiance unit for sale and 4 x 3 bedroom L’Ambiance units for sale!
Buying / Selling?
Call Me Today!
Kevin Wirth – Realtor
Galt Ocean Mile Specialist
kevinsellsmore@gmail.com
954-459-0337
L’Ambiance
Galt Ocean Mile – “Condo Lines”
Here is an outline of Galt Ocean Mile condos “by Line” here in L’Ambiance.
The diagram below gives us an outline of the building condos by line / stack.
We can see from this diagram the different lines for L’Ambiance Galt Ocean Mile condos for sale – these “lines” being known as Astor, Bristol and Cannes.
Astor – Line 3 & 4
These are 3 bedroom oceanfront condo units with a den and 4.5 bathrooms
Bristol – Line 2 & 5
These are 2 bedroom oceanfront condo units with a den / 3rd bedroom convertable and 2.5 bathrooms
Cannes – Line 1 & 6 – Floors
These are 2 bedroom condo units with a den / 3rd bedroom convertible and 2 bathrooms
L’Ambiance Condos
New Listings
There have been 2 new listings of luxury Galt Ocean Mile condos here in L’Ambiance over the last 30 days – this is up from 1 new listing as per our last post – which was for unit 406 a 3 bedroom condo!
Our market analysis report for these 2 new listings is presented below:
| BEDS / BATHS | LA | LP$ | |
| Unit 905 | 3 / 2 | 2,318 | $998,000 |
| Unit 806 | 2 / 2 | 1,836 | $634,900 |
We can see from this report that:
Unit 905 a 3 bedroom luxury L’Ambiance condo has just been listed for sale for $998,000 – this 3 bedroom 2 bathroom 2318 square foot unit has a list price to square foot price of $431.00
Unit 905 is a South-East corner with direct ocean views. This spacious condo has high ceilings (approx 9′), marble floors (main living area), equipped baths (Roman tub in primary), a kitchen with granite counters and a large glass balcony that provides views of both tropical pool area and direct views of the Atlantic ocean.
Unit 905 is a Bristol Line 05 direct oceanfront model!
Unit 806 a 2 bedroom luxury L’Ambiance condo has just been listed for sale for $634,900 – this 2 bedroom 2 bathroom 1836 square foot unit has a list price to square foot price of $346.00
Unit 806 offers a spacious floor plan, with entry to the large balcony from the living room, kitchen, and master bedroom – making it perfect for entertaining or taking in quiet sunsets. This property is a Reverse Mortgage REO Property
Unit 806 is a Cannes Line 06 model!
L’Ambiance Condos
Pending Sales
There are currently 2 x luxury L’Ambiance Galt Ocean Mile condos pending sale here in L’Ambiance – In our last post there were 3 units pending sale – Unit 1102, 1605 and 705 all 3 bedroom condos.
Our market analysis report for these 2 units is presented below:
| BEDS / BATHS | LA | LP$ | |
| Unit 1102 | 3 / 2 | 2,318 | $1,175,000 |
| Unit 602 | 3 / 2 | 2,318 | $875,000 |
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 Line 02 direct oceanfront model!
L’Ambiance Unit 602 a 3 bedroom condo listed for sale for $875,000 is now pending sale – this 3 bedroom 2 bathroom 2318 square foot unit has a list price to square foot price of $377.00
This luxury Galt Ocean Mile condo offers stunning ocean views, a Grande foyer entry and a light and bright spacious layout. The unit features: Marble flooring in living areas, a master suite with sitting area and spa like bath, a large laundry room/storage room and floor to ceiling impact windows/doors.
Unit 602 is a Bristol Line 02 direct oceanfront model!
L’Ambiance Condo Sales
Last 6 Months
There have been 2 x L’Ambiance Galt Ocean Mile condos sold over the last 6 months.
The market analysis report for these 2 sales is presented below.
| BEDS / BATHS | LA | SP$ | |
| Min | 3 / 2 | 2,318 | $935,000 |
| Max | 3 / 2 | 2,318 | $950,000 |
| Avg | 3 / 2 | 2,318 | $942,500 |
| Median | 3 / 2 | 2,318 | $942,500 |
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 $942,000 – this being for a 3 bedroom 2 bathroom unit
Square Foot Prices
Condos Sold
Here is our market summary report showing square foot prices paid for L’Ambiance Galt Ocean Mile condos sold over the last 6 months.
| SP$/SqFt | |
| Min | $403.00 |
| Max | $410.00 |
| Avg | $407.00 |
| Median | $407.00 |
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 $407.00 per square foot
% Sales to List Price
An important real estate indicators to note is how much buyers are paying for L’Ambiance Galt Ocean Mile condos for sale – we can gauge this based on the percentage of sales price to list price paid by buyers.
The market analysis report for this is presented below:
| SP$/LP$ | |
| Min | 96% |
| Max | 98% |
| Avg | 97% |
| Median | 97% |
We can see from this report that the median sales price to list price for units sold over the last 6 months has been 97%
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 97% of that amount or $970,000.
Days on Market
Days on market for Galt Ocean Mile Condos for Sale in L’Ambiance is an important indicator on how strong demand is for condos in this complex..
Here is the market analysis report for Days on Market based on condo sales over the last 6 months.
| DOM | |
| Min | 124 |
| Max | 192 |
| Avg | 158 |
| Median | 158 |
We can see from this report the median days on market has been 158 days or just over 5 months!
Days on market is the time from when the condo was listed for sale till the condo sold AND closed.
L’Ambiance
Sales by Unit
Here is our market summary report for L’Ambiance condos showing the data for each of the units sold over the last 6 months.
| BEDS / BATHS | LA | SP$ | |
| Unit 1605 | 3 / 2 | 2,318 | $950,000 |
| Unit 705 | 3 / 2 | 2,318 | $935,000 |
We can see from this report the details for each unit sold as well as the most expensive unit sold which was Unit 1605 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 1605 sold for 96% of list price and had 124 days on market!
Unit 1605 is an Bristol 05 direct oceanfront model!
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 5 units for sale – a mix of 2 and 3 bedroom units!
It is really great to report that we have 2 units pending sale and to have had 2 sales over the last 6 months!
I hope you have enjoyed this post on L’Ambiance condos for sale Fort Lauderdale – Kevin Wirth Realtor