View of L'Hermitage Ft Lauderdale

L’Hermitage Condos Ft Lauderdale

L’Hermitage Condos for Sale
Fort Lauderdale

Welcome to our June/July 2014 Blog on L’Hermitage Condos Ft Lauderdale – here on Galt Ocean Mile

Search L’Hermitage Condos for Sale

At the time of writing this Blog there are 14 luxury condos for sale at the L’Hermitage.

There have been 5 sales of luxury condos in the L’Hermitage complex over the last 90 days and 3 units are currently pending sale.

In this post we review pricing, prices per sq ft and median prices by bedroom for both units for sale and recent sales.

L’Hermitage Condos for Sale
June / July 2014

The market analysis report for L’Hermitage Condos Ft Lauderdale is presented below.

Pricing #Beds #FBaths SF/FF List Price LP$/SqFt LP$/SqFt
High 4 5 4,475 $4,200,000 $939 $939
Low 2 2 1,537 $790,000 $398 $398
Average 3 2 2,306 $1,456,450 $618 $618
Median 3 2 2,097 $1,212,450 $607 $607

 

This report shows us that the average price for a condo here in L’Hermitage is $1,456,450 – this being for a 3 bedroom 2 bathroom unit of 2306 square feet.

We can also see from this report that the median price for a luxury condo for sale in L’Hermitage is $1,212,450 – which is the same median price as per our last report in May/June

Median prices in this and our last report were both for 3 bedroom 2 bathroom units.

This report  shows us that the most expensive unit currently for sale is a 4 bedroom 5 bathroom luxury penthouse unit which is listed for sale at $4,200,000.

View from a Luxury Condo in L'Hermitage here on Galt Ocean Mile

Pricing Guide $790,000 – $4,200,000

Prices in L’Hermitage range from $790,000 for a 2 bedroom 2 bathroom unit of 2259 square feet through to $4,200,000 for a penthouse unit  – a unit of 4475 square feet with a list price to square foot price of $939.00

L’Hermitage
New Luxury Condo Listings

There have been no new listings of luxury condos here in L’Hermitage in the last 30 days.

View of L'Hermitage

L’Hermitage Condos Ft Lauderdale
Recent and Pending Sales

In this section of the post we cover recent sales, pending sales and sales over the last 12 months for L’Hermitage Condos Ft Lauderdale.

L’Hermitage Condos
Recent Sales – Last 90 Days

There have been 5 sales of L’Hermitage Condos Ft Lauderdale – sales over the last 90 Days.

The market analysis report for these 5 sales is presented below.

Condos #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ DoM
Unit2610 4 3 3,001 $2,500,000 $833 100 335
Unit 509 3 3 2,851 $1,800,000 $638 100 335
Unit2408 3 3 2,588 $1,650,000 $631 90.01 108
Unit2107 3 3 2,851 $1,800,000 $638 100 335
Unit1001 2 2 2,086 $1,090,000 $470 90.01 20
Average 3 2.5 2,568 $1,644,000 $628 94.32 166
Median 3 3 2,588 $1,650,000 $631 94.34 108

 

We can see from this report that the median price paid has been $1,650,000this being for a 3 bedroom 3 bathroom luxury condo of 2,588 square feet with a list price to square foot price of $631.00

Important to note are the range of sales price to square foot price – per square foot which range from $470.00 – $833.00

Also important to note is that 3 of the sales – Unit 2610, Unit 509 and Unit 2408 were in Tower 2 – which is the tower building closest to the ocean/beach.

Map of L'Hermitage's Two Tower Buildings

L’Hermitage Condos
Pending Sales

There are currently 3 luxury condos pending sale here in L’Hermitage Ft Lauderdale

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

Condos #Beds #FBaths SF/FF List Price LP$/SqFt
Unit1208 3 3 2,318 $1,650,000 $712
Unit 805 2 2 1,630 $899,900 $552
Unit 406 2 2 1,630 $429,000 $552
Average 2 2 1,974 $992,967 $632
Median 2 2 1,974 $899,900 $632

 

We can see from this report that a 3/3 unit – condo 1208 is currently pending sale – this luxury Galt Ocean Mile condo had been listed for sale at $1,650,000 – with a list price to square foot price of $712.00

We can also see that unit 805 is pending sale – this luxury Galt Ocean Mile condo had been listed for sale at $899,900 – with a list price to square foot price of $552.00

And finally we can also see that unit 406 is also pending sale – this luxury Galt Ocean Mile condo had been listed for sale at $429,000 – with a list price to square foot price of $552.00

Important to note is that condo 1208 (the most expensive unit pending sale) is in Tower 1 – the tower building furthest away from the ocean/beach and the other 2 units are in Tower 2 – the tower closest to the beach.

L’Hermitage Condos
Sales Last 12 Months

There have been 23 x L’Hermitage Condos Ft Lauderdale sold in the last 12 months.

The market analysis report for these 23 units is presented below.

Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ DoM
High 4 5 4,475 $3,461,000 $833 100 1,091
Low 2 2 1,537 $800,000 $0 78.57 8
Average 3 2.5 2,372 $1,246,130 $488 91.62 189
Median 3 2 2,213 $915,000 $470 92.23 108

 

We can see from this report that there have been a range of prices from $800,000 to $3,461,000.

Important to note however is that the median price paid over the last 12 months has been $915,000 – up $40,000 from our last report in May/June when the median was $875,000

Also note both medians have been for 3 bedroom / 2 bathroom units

 L’Hermitage Condos – Sales Last 12 Months
Median Prices by Bedroom

Here is the market analysis report for median prices for L’Hermitage condos sold over the last 12 months by bedroom.

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ DoM
2 2 1,823 $842,500 $495 92.49 177
3 2 2,213 $915,000 $439 91.77 108
4 4 3,738 $2,980,500 $803 96.61 138.5

 

We can see from this report the median price for a 2/2 unit has been $842,000, the median price for a 3/2 has been $915,000 and the median price for a 4/4 unit has been $2,980,500

Note: 4 bedroom units in L’Hermitage tend to be Penthouse or Sub Penthouse Units.

I hope you have enjoyed my May/June post on L’Hermitage Condos Ft Lauderdale – by Kevin Wirth Realtor