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 March 2021 / April 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.

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There are 2 x  L’Ambiance Galt Ocean Mile condos currently for sale 

There have been 8 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 $998,000 – $1,099,999
    -Both 3 Bedroom 2 Bathroom Unit

  • Recent Sales Prices $565,000 – $1,895,000
  • Median Sales Price $912,500
    – 3 Bedroom 2 Bathroom Unit
  • Median Sales Price to Square Foot Price $396.00
  • Median Sales Price to List Price 95%
  • Median Days on Market 44 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 just 2 x luxury L’Ambiance Galt Ocean Mile condos for sale here on Galt Ocean Mile – well down from our last post!

In our last post for December 2020 / January 2021 there were 7 x L’Ambiance condos for sale!

Our Market Analysis report for the 2 x L’Ambiance units currently for sale is presented below:

BEDS / BATHS LA LP$
Min 3 / 2 2,318 $998,000
Max 3 / 2 2,318 $1,099,999
Median 3 / 2 2,318 $1,049,000

We can also see from this report that the median list price for a L’Ambiance Galt Ocean Mile condo is $1,049,000 – this being for a 3 bedroom 2 bathroom 2318 square foot condo has a list price to square foot price of $453.00 up from our last post!

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

Both of the 2 listings for sale Unit 2105 & Unit 905 are Bristol Line 5 direct ocean view units.


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
Galt Ocean Mile Specialist
kevinsellsmore@gmail.com
954-459-0337

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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 luxury Galt Ocean Mile condos for sale here in L’Ambiance over the last 30 days – this is down from 1 new listing as per our last post!

View Galt Ocean Mile condo L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale pending sale Unit 803
View Galt Ocean Mile condo L’Ambiance 4240 Galt Ocean Drive pending sale Unit 803

L’Ambiance Condos
Pending Sales

There are currently 2 x luxury L’Ambiance Galt Ocean Mile condos pending sale here in L’Ambiance  – Down from our last post!

In our last post there were 3 units pending sale – Penthouse 2504, Unit 1102 and Unit 806 all 3 bedroom condos.

Our market analysis report for these 2 units is presented below:

BEDS / BATHS LA LP$
Unit 803 3 / 4 2,823 $1,450,000
Unit 406 3 / 2 1,836 $749,000

We can see from this report that:

L’Ambiance Unit 803 a 3 bedroom condo listed for sale for $1,450,000 is now pending sale – this 3 bedroom 4 bathroom 2823 square foot unit has a list price to square foot price of $514.00

This luxury Galt Ocean Mile condo is decorated and appointed with the most discerning residents in mind.   This condo features: an elegant foyer and gallery, views of both the ocean and the intracoastal waterway. The unit exceptional, meticulously maintained

Unit 803 is a Astor Line 03 direct oceanfront model!

L’Ambiance Unit 406 a 3 bedroom condo listed for sale for $749,000 is now pending sale – this 3 bedroom 2 bathroom 1836 square foot unit has a list price to square foot price of $408.00

This luxury Galt Ocean Mile condo offers lush tropical garden, fountain and sunset views.  The condo is a stunning corner unit and is beautifully furnished, impeccably maintained and features a semi-private elevator, foyer, marble floors and an updated open kitchen.

Unit 406 is a Cannes Line 06 model!

View Galt Ocean Mile condo L'Ambiance 4240 Galt Ocean Drive Fort Lauderdale recently sold Penthouse 2504
View Galt Ocean Mile condo L’Ambiance 4240 Galt Ocean Drive recently sold Penthouse 2504

L’Ambiance Condo Sales
Last 6 Months

There have been 8 x L’Ambiance Galt Ocean Mile condos sold over the last 6 months – this is well up from 4 x L’Ambiance Galt Ocean Mile condos sold over the preceding 6 months as in our last post.

The market analysis report for these 8 sales is presented below.

BEDS / BATHD LA SP$
Min 2 / 2 1,836 $565,000
Max 3 / 4 2,823 $1,895,000
Avg 3 / 2 2,324 $1,029,375
Median 3 / 2 2,318 $912,500

We can also see from this report that the average price for a luxury condo sold here in L’Ambiance over the last 6 months has been $1,029,375 – this being for a 3 bedroom 2 bathroom unit  

We can also see from this report that the median price for a luxury condo sold here in L’Ambiance over the last 6 months has been $912,500 – 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 higher at $942,500 – 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 $308.00
Max $671.00
Avg $431.00
Median $396.00

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 $396.00 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 75%
Max 100%
Avg 92%
Median 95%

We can see from this report that the median sales price to list price for units sold over the last 6 months has been 95% – this is down from 97% 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 95% of that amount or $950,000.

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 17
Max 319
Avg 82
Median 44

We can see from this report the median days on market has been just 44 days – this is well down from 84 days in our last post and 158 days as in our prior 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$
PH 2504 3 / 3 2,823 $1,895,000
Unit 1603 3 / 4 2,823 $1,275,000
Unit 1705 3 / 2 2,318 $1,100,000
Unit 1605 3 / 2 2,318 $950,000
Unit 1102 3 / 2 2,318 $875,000
Unit 602 3 / 2 2,318 $875,000
Unit 901 3 / 2 1,836 $700,000
Unit 806 2 / 2 1,836 $565,000

We can see from this report the details for each unit sold as well as the most expensive unit sold which was Penthouse Unit 2504 a 3 Bedroom Luxury L’Ambiance condo which sold for $1,895,000 – this 3 bedroom 3 bathroom unit of 2823 square feet had a sales price to square foot price of $671.00

Penthouse 2504 sold for 96% of its list price and had just 45 days on market!

Penthouse 2504 is an Astor 04 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 a very limited range of L’Ambiance condos for sale – with just 2 x 3 bedroom units for sale!

It is great to report that we now have 2 units pending sale and to have had 8 sales over the last 6 months!

Sales for much of 2020 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