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

L’Ambiance Condos

L’Ambiance
Galt Ocean Mile Condos
2021 Pricing Guide

Welcome to our December 2020 / January 2021 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 7 x  L’Ambiance Galt Ocean Mile condos currently for sale – 1 of which is a new listing

There have been 4 sales of a luxury oceanfront condo in this complex over the last 6 months and 3 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 $739,000 – $1,600,000
  • Median List Price $1,150,000
    -3 Bedroom 2 Bathroom Unit

  • Recent Sales Prices $875,000 – $1,275,000
  • 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 84 Days
View Galt Ocean Mile condominium L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale Florida
View Galt Ocean Mile condominium L’Ambiance 4240 Galt Ocean Drive Fort Lauderdale FL

L’Ambiance Galt Ocean Mile
Condos for Sale

There are currently 7 x luxury L’Ambiance Galt Ocean Mile condos for sale here on Galt Ocean Mile – up from our last post!

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

Our Market Analysis report for the 7 x L’Ambiance units currently for sale is presented below:

BEDS / BATHS LA LP$
Min 3 / 2 1,836 $739,000
Max 3 / 4 2,823 $1,600,000
Avg 3 / 2 2,325 $1,125,857
Median 3 / 2 2,318 $1,150,000

We can see from this report that the average list price for a L’Ambiance Galt Ocean Mile condo is $1,125,857 – this being for a 3 bedroom 2 bathroom 2325 square foot condo has a list price to square foot price of $470.00

In our last post  the average list price for a L’Ambiance Galt Ocean Mile condo was lower at$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 $1,150,000 – this being for a 3 bedroom 2 bathroom 2318 square foot condo has a list price to square foot price of $463.00 up from our last post!

In our last post the median list price for a L’Ambiance Galt Ocean Mile condo was lower at $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


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 803
View Galt Ocean Mile condo L’Ambiance 4240 Galt Ocean Drive just listed for sale Unit 803

L’Ambiance Condos
New Listings

There has been 1 new listing of a luxury Galt Ocean Mile condo here in L’Ambiance over the last 30 days – this is down from 2 new listing as per our last post!

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

BEDS / BATHS LA LP$
Unit 803 3 / 4 2,823 $1,450,000

We can see from this report that Unit 803 a 3 bedroom luxury L’Ambiance condo has just been listed for sale for $1,450,000 this 3 bedroom 4 bathroom 2823 square foot unit has a list price to square foot price of $514.00

Unit 803 offers exceptional luxury oceanfront living.

This condo is decorated and appointed with the most discerning residents in mind.   The unit features: an elegant foyer and gallery with views of both the ocean and the intracoastal waterway. 

Unit 803 is a Astor Line 03 direct oceanfront “flow-through” model!

View Galt Ocean Mile condo L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale pending sale PH 2504
View Galt Ocean Mile condo L’Ambiance 4240 Galt Ocean Drive pending sale Penthouse 2504

L’Ambiance Condos
Pending Sales

There are currently 3 x luxury L’Ambiance Galt Ocean Mile condos pending sale here in L’Ambiance  – In our last post there were 2 units pending sale – Unit 1102 and Unit 602 both 3 bedroom condos.

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

BEDS / BATHS LA LP$
PH 2504 3 / 3 2,823 $1,970,000
Unit 1102 3 / 2 2,318 $1,175,000
Unit 806 2 / 2 1,836 $599,900

We can see from this report that:

L’Ambiance Penthouse 2504 a 3 bedroom condo listed for sale for $1,970,000 is now pending sale – this 3 bedroom 3 bathroom 2823 square foot unit has a list price to square foot price of $698.00

This luxury Galt Ocean Mile condo offers custom-designed-modern flair with captivating ocean and intracoastal views.  The unit has floor to ceiling impact windows and is virtually like new! 

Penthouse Unit 2504 is a Astor Line 04 direct oceanfront model!

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 806 a 2 bedroom condo listed for sale for $599,900 is now pending sale – this 2 bedroom 2 bathroom 1836 square foot unit has a list price to square foot price of $327.00

This luxury Galt Ocean Mile condo offers has 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.

Unit 806 is a Cannes Line 06 direct oceanfront model!

View Galt Ocean Mile condo L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale recently sold Unit 1605
View Galt Ocean Mile condo L’Ambiance 4240 Galt Ocean Drive recently sold Unit 1605

L’Ambiance Condo Sales
Last 6 Months

There have been 4 x L’Ambiance Galt Ocean Mile condos sold over the last 6 months – this is well up from 2 x L’Ambiance Galt Ocean Mile condos sold over the preceding 6 months as in our last post.

The market analysis report for these 4 sales is presented below.

BEDS / BATHS LA SP$
Min 3 / 2 2,318 $875,000
Max 3 / 4 2,823 $1,275,000
Avg 3 / 3 2,444 $1,008,750
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 $942,500 – this being for a 3 bedroom 2 bathroom unit  

In our last post the median price for a luxury condo sold here in L’Ambiance over the preceding 6 months was ever so slightly lower at $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 $377.00
Max $452.00
Avg $411.00
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 88%
Max 100%
Avg 95%
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% – the same as in our last 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 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 23
Max 192
Avg 96
Median 84

We can see from this report the median days on market has been 84 days or just under 3 months – well down from 158 days or just over 5 months as in our last post!

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 6 months.

BEDS / BATHS LA SP$
Unit 1603 3 / 4 2,823 $1,275,000
Unit 1605 3 / 2 2,318 $950,000
Unit 705 3 / 2 2,318 $935,000
Unit 602 3 / 2 2,318 $875,000

We can see from this report the details for each unit sold as well as the most expensive unit sold which was Unit 1603 a 3 Bedroom Luxury L’Ambiance condo which sold for $1,275,000 – this 3 bedroom 4 bathroom unit of 2823 square feet had a sales price to square foot price of $452.00

Unit 1603 sold for 88% of its list price and had just 23 days on market!

Unit 1603 is an Astor 03 direct oceanfront 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 a great range of L’Ambiance condos for sale – with 7 x 3 bedroom units for sale!

It is great to report that we now have 3 units pending sale and to have had 4 sales over the last 6 months!

Sales in the early part of the year had been slow due to the Corona Virus!

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