View Galt Ocean Mile condo L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale for sale

L’Hermitage Condos

L’Hermitage
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our October 2020 / November 2020 pricing guide for L’Hermitage Galt Ocean Mile condos for sale 3100-3200 N Ocean Blvd Fort Lauderdale Florida.

Fort Lauderdale condos for sale here in L’Hermitage 3100 N Ocean Blvd Galt Ocean Mile are direct oceanfront units set right on the Beachfront.

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At the time of writing this Blog there are 24 x Luxury L’Hermitage Galt Ocean Mile condos for sale – 3 of which are new listings.

There have been 11 sales of luxury condos in the L’Hermitage complex over the last 6 months and 6 units are currently 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 %), we also review the highest square foot prices paid over the last 6 months.

We also discuss recent sales trends in L’Hermitage – Important information for both buyers and sellers!

L’Hermitage Galt Ocean Mile
Key Statistics
L Hermitage Condo Condominium complex in Fort Lauderdale, Florida
Address: 3100 N Ocean Blvd, Fort Lauderdale, FL 33308 &  3200 N Ocean Blvd, Fort Lauderdale, FL 

Condos for Sale

  • Prices from $854,900 – $5,950,000

Median Prices

  • Median List Price $1,599,950
    – for a 3 bedroom 2 bathroom unit
  • Median Sales Price $1,200,000
    – for a 3 bedroom 2 bathroom unit
  • Sales Price to Sq Ft Price $574.00
  • Sales to List Price 90%
  • Days on Market 71 Days
Aerial view Galt Ocean Mile condo L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale Florida
Aerial view Galt Ocean Mile condo L’Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale FL

L’Hermitage
Condos for Sale

There are currently 24x L’Hermitage Galt Ocean Mile condos for sale – This is down from the 29 x L’Hermitage Galt Ocean Mile condos for sale as in our last post for August 2020 / September 2020

The market analysis report for these 24 x luxury condos for sale is presented below.

 

BEDS / BATHS

LA

LP$

Min

2 / 2

1,537

$854,900

Max

4 / 5

6,627

$5,950,000

Avg

3 / 3

2,700

$2,196,721

Median

3 / 2

2,109

$1,599,950

This report shows us that the average price for a luxury Galt Ocean Mile condo here in L’Hermitage is $2,196,721 – this being for a 3 bedroom 3 bathroom unit of 2700 square feet.

In our last post the average price for a luxury Galt Ocean Mile condo here in L’Hermitage was higher at $2,241,193 – this being for a 3 bedroom 3 bathroom unit of 2734 square feet.

We can also see from this report that the median price for a Galt Ocean Mile condo in L’Hermitage is $1,599,950 – this being for a 3 bedroom 3 bathroom unit of 2109 square feet

It is very important to note that the median list price this month is down significantly from our last 3 posts!

In our last post for August 2020  / September 2020 the median price for a Galt Ocean Mile condo in L’Hermitage was higher at $1,850,000 – this being for a 3 bedroom 3 bathroom unit of 2469 square feet

In our prior post for June 2020  / July 2020 the median price for a Galt Ocean Mile condo in L’Hermitage was higher at $1,875,000 – this being for a 3 bedroom 3 bathroom unit of 2469 square feet

In our earlier post for April 2020  / May 2020 the median price for a Galt Ocean Mile condo in L’Hermitage was higher at $1,900,000 – this being for a 3 bedroom 3 bathroom unit of 2600 square feet.


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?

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Kevin Wirth P.A Realtor
Galt Ocean Mile Specialist
954-459-0337

email: kevinsellsmore@gmail.com

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View L'Hermitage Galt Ocean Mile condominium 3100-3200 N Ocean Blvd Fort Lauderdale
View L’Hermitage Galt Ocean Mile condominium 3100-3200 N Ocean Blvd Fort Lauderdale
Search Galt Ocean Mile Condos 
View Galt Ocean Mile New Listings

Luxury L’Hermitage
Condos by Bedroom

Here is our market analysis report for L’Hermitage Galt Ocean Mile condos for sale – showing median prices by bedroom for all the units currently for sale.

BEDS / BATHS

LA

LP$

LP$/SqFt

2 / 2

1,632

$980,000

$554.00

3 / 3

2,318

$1,600,000

$767.00

4 / 4

4,784

$4,625,000

$991.00

We can see from this report that the median price for:

  • 2 Bedroom 2 Bathroom L’Hermitage Galt Ocean Mile condos for sale is $980,000 – this being for a unit of 1632 square feet with a list price to square foot price of $554.00 – In our last post the median for 2 Bedroom 2 Bathroom L’Hermitage condos for sale was higher at $1,062,400 – this being for a larger unit of 1805 square feet with a list price to square foot price of $591.00
  • 3 Bedroom 3 Bathroom L’Hermitage Galt Ocean Mile condos for sale is $1,600,000 – this being for a unit of 2318 square feet with a list price to square foot price of $767.00 – In our last post the median for 3 Bedroom 3 Bathroom L’Hermitage condos for sale was higher at $2,075,000 – this being for a larger unit of 2600 square feet with a list price to square foot price of $778.00
  • 4 Bedroom 4 Bathroom L’Hermitage Galt Ocean Mile condos for sale is $4,625,000 – this being for a unit of 4784 square feet with a list price to square foot price of $991.00 – In our last post the median for 4 Bedroom 4 Bathroom L’Hermitage condos for sale was the same at $4,625,000 – this being for a unit of 4784 square feet with a list price to square foot price of $991.00
View Galt Ocean Mile condo L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale just listed for sale Unit 2309
Galt Ocean Mile condo L’Hermitage 3100-3200 N Ocean Blvd Ft Lauderdale just listed #2309

L’Hermitage
New Luxury Listings

There have been 3 new listings of a L’Hermitage Galt Ocean Mile condo for sale in the last 30 days – this down from 5 new listing as in our last post for August 2020 / September 2020!

Our market summary report for these 3 units is presented below.

 

BEDS / BATHS

LA

LP$

Unit 2309

3 / 4

2,851

$2,875,000

Unit 302

2 / 2

2,086

$1,099,000

Unit 1105

2 / 2

1,537

$875,000

We can see from this report that:

Unit 2309 a 3 bedroom luxury L’Hermitage condo has just been listed for sale for $2,875,000this 3 bedroom 4 bathroom 2851 square foot unit has a list price to square foot price of $1008.00

Unit 2309 is a Brighton 09 Model in L’Hermitage Tower II

This Galt Ocean Mile condo is a direct oceanfront residence with breathtaking panoramic southeast views.  The unit features an open floorplan, floor to ceiling windows and gleaming marble floors, a private elevator and wraparound balcony with unobstructed coastline views North and South for miles. 

Unit 302 a 2 bedroom luxury L’Hermitage condo has just been listed for sale for $1,099,000this 2 bedroom 2 bathroom 2086 square foot unit has a list price to square foot price of $550.00

Unit 302 is a Deauville 02 Model in L’Hermitage Tower I

This Galt Ocean Mile condo is a totally remodeled beachfront patio unit designed and finished by world famous decorator Perla Lichi.   The unit features: new High-Impact windows, a state of the art kitchen with bar area, mirrored ceilings, custom cabinetry and hidden appliances. The Master bedroom has been re-architected with incredible custom closets and an open Master bathroom.

Unit 1105 a 2 bedroom luxury L’Hermitage condo has just been listed for sale for $875,000this 2 bedroom 2 bathroom 1537 square foot unit has a list price to square foot price of $569.00

Unit 1105 is a Fairmont 05 Model in L’Hermitage Tower I

This Galt Ocean Mile luxury oceanview condo features a 416 square feet patio overlooking the tennis courts, the ocean and the beautifully manicured gardens.  The unit has an updated kitchen with eat-in kitchen area and Marble floors throughout.

View Galt Ocean Mile condo L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale pending sale Unit 909
Galt Ocean Mile condo L’Hermitage 3100-3200 N Ocean Blvd Ft Lauderdale pending # 909

L’Hermitage
Pending Sales

There are currently 6 luxury L’Hermitage Galt Ocean Mile condos pending sale

It is important to note that this is well up from just 1 condo pending sale as in our last post – this being Unit 2105 a 2 bedroom 2 bathroom unit.

Our market analysis report for these 6 luxury condos pending sale is presented below.

 

BEDS / BATHS

LA

LP$

Unit 1009/05

6 / 5

4,475

$3,999,900

Unit 1809

3 / 4

2,845

$2,599,000

Unit 909

3 / 3

2,850

$2,299,900

Unit 1807

2 / 2

2,338

$1,850,000

Unit 2007

2 / 2

2,086

$1,299,900

Unit 802

3 / 2

2,086

$1,073,000

We can see from this report that:

Unit 1009/05 a 6 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $3,999,900 is now pending salethis 6 bedroom 5 bathroom 2845 square foot unit has a list price to square foot price of $894.00

Unit is a combined Brighton 09 Model and Fairview 05 Model in L’Hermitage Tower II

This Galt Ocean Mile condo is mid floor penthouse sized double direct oceanfront corner unit.  The unit has 2 huge terraces, a den and bonus room and was recently remodeled and shows like a model. 

Unit 1809 a 3 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $2,599,000 is now pending salethis 3 bedroom 4 bathroom 2845 square foot unit has a list price to square foot price of $914.00

Unit is a Brighton 09 Model in L’Hermitage Tower II

This Galt Ocean Mile condo is direct oceanfront corner unit with many upgrades including hurricane impact windows, a private elevator amd marble floors throughout.  The unit has an open kitchen and a flexible open floorplan with a wrap around terrace!

Unit 909 a 3 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $2,299,900 is now pending salethis 3 bedroom 3 bathroom 2850 square foot unit has a list price to square foot price of $807.00

Unit is a Brighton 09 Model in L’Hermitage Tower II

This Galt Ocean Mile condo is a direct oceanfront corner unit that feels like a beach house.  The condo offers coastline, ocean and beach views from every room. The third bedroom has been opened up and is currently used as a den.

Unit 1807 a 2 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $1,850,000 is now pending salethis 2 bedroom 2 bathroom 2338 square foot unit has a list price to square foot price of $791.00

Unit is a Dorchester 07 Model in L’Hermitage Tower II

This Galt Ocean Mile condo is completely remodeled oceanfront unit with sweeping unobstructed views all the way to Miami.   The unit features: an open concept floor plan, a Chef’s kitchen with solid Cherry cabinetry, rich Granite, a Sub-Zero refrigerator, drawer and microwave.  The unit has brand new hurricane impact windows/sliders.

Unit 2007 a 2 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $1,299,900 is now pending salethis 2 bedroom 2 bathroom 2086 square foot unit has a list price to square foot price of $623.00

Unit 2007 is a Deauville 07 Model in L’Hermitage Tower I

This Galt Ocean Mile condo offers a sunny South-East exposure and ocean views.  The unit features: Marble floors, 2 terraces and the 3rd bedroom is an open and is currently being used as a den.  The condo has its own private elevator!

Unit 802 a 3 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $1,073,000 is now pending salethis 3 bedroom 2 bathroom 2086 square foot unit has a list price to square foot price of $683.00

Unit 802 is a Deauville 02 Model in L’Hermitage Tower I

This Galt Ocean Mile condo offers “Awesome” Sunrise Ocean and Pool views from its East Terrace and Sunset/City Views from its West terrace.  The unit has 2 garage parking spaces and a full size washer and dryer.

View Galt Ocean Mile condo L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale recently sold Unit 1109
Galt Ocean Mile condo L’Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale sold # 1109

L’Hermitage Condos
Sales Last 6 Months

There have been 11 x Luxury L’Hermitage Galt Ocean Mile condos sold over the last 6 months down slightly from our last post!

In our last post for August 2020 / September 2020 there had been 12 x L’Hermitage Galt Ocean Mile condos sold over the preceding 6 month period.

The market analysis report for these 11 units is presented below.

 

BEDS / BATHS

LA

SP$

Min

2 / 2

1,537

$750,000

Max

3 / 3

3,001

$2,850,000

Avg

3 / 2

2,190

$1,433,695

Median

3 / 2

2,213

$1,200,000

We can see from this report that the average price of a Galt Ocean Mile condo sold in L’Hermitage over the last 6 months has been $1,433,695 – this being for a 3 bedroom 3 bathroom unit of 2,190 square feet.

In our last post the average price of a Galt Ocean Mile condo sold in L’Hermitage over the preceding 6 months was higher at $1,484,583 – this being for a 3 bedroom 3 bathroom unit of 2,357 square feet.

We can also see from this report that the median price of a condo sold in L’Hermitage over the last 6 months has been $1,200,000 – this being for a 3 bedroom 2 bathroom unit of 2213 square feet – this is well down from our last post!

In our last post for August 2020 / September 2020 the the median price of a condo sold in L’Hermitage over the preceding 6 months was over $300,000 higher at $1,510,000 – this being for a 3 bedroom 2 bathroom unit of 2332 square feet

It is also useful to look at median sales prices by bedroom – which we do below!

L’Hermitage Condos
Sales Prices by Bedroom

Here is our market summary report showing sales prices for L’Hermitage Galt Ocean Mile condos sold over the last 6 months by bedroom.

BEDS / BATHS

LA

SP$

SP$/SqFt

2 / 2

1,585

$912,825

$574.00

3 / 2

2,466

$1,245,000

$618.00

We can see from this report that that the median sales price for:

  • 2 Bedroom L’Hermitage condos sold has been $912,825 this being for a unit of 1,585 square feet with a list price to square foot price of $574.00.  In our last post the median for 2 Bedroom L’Hermitage condos was higher at $955,000 – this being for a unit of 1,634 square feet with a list price to square foot price of $582.00. 

  • 3 Bedroom 2 Bathroom units sold has been $1,245,000 – this being for a unit of 2466 square feet with a list price to square foot price of $618.00.  In our last post the median for 3 Bedroom L’Hermitage condos was lower at $1,225,000 – this being for a unit of 2325 square feet with a list price to square foot price of $525.00.

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for L’Hermitage Galt Ocean Mile condos over the last 6 months.

 

SP$/SqFt

Min

$474.00

Max

$962.00

Avg

$636.00

Median

$574.00

We can see from this report that the median sales price to square foot price paid for a L’Hermitage condo sold over the last 6 months has been $574.00 per square foot – up from $525.00 as in our last post!

Important to note is the highest square foot price paid at $962.00!

% Sales to List Price

An important real estate indicator is how much  buyers are paying for L’Hermitage 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

96%

Avg

89%

Median

90%

We can see from this report that the median sales price to list price for Fort Lauderdale condos here in L’Hermitage has been 90% – down from 91% in our last post and 92% as in our prior post!

This means if a Luxury Fort Lauderdale condo for sale here in L’Hermitage is listed at $1,500,000 – then based on median sales data the condo could be expected to sell for 90% of that amount or $1,350,000.

Days on Market

Days on market for L’Hermitage Galt Ocean Mile condos for sale is an important indicator of demand for units in this complex.

Here is the market analysis report for Days on Market based on condo sales over the last 6 months

 

DOM

Min

1

Max

322

Avg

120

Median

71

We can see from this report that the average days on market for a Fort Lauderdale condo for sale in L’Hermitage is 120 days or just on 6 months.

More importantly however is the median days on market at 71 days or just over 10 weeks – down from 94 days 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.

L’Hermitage
Condo Sales Itemized

Here is the data for each of the luxury L’Hermitage Galt Ocean Mile condos sold over the last 6 months

 

BEDS / BATHS

LA

SP$

Unit 1110

3 / 3

3,001

$2,850,000

Unit 1708

3 / 3

2,600

$2,500,000

Unit 1109

3 / 3

2,850

$2,025,000

Unit 1803

3 / 2

1,977

$1,245,000

Unit 1707

3 / 2

2,332

$1,225,000

Unit 1201

3 / 2

2,318

$1,200,000

Unit 2603

2 / 2

1,977

$1,150,000

Unit 1203

3 / 2

2,109

$1,000,000

Unit 2205

2 / 2

1,634

$955,000

Unit 2105

2 / 2

1,537

$870,650

Unit 2206

2 / 2

1,537

$750,000

We can see from this report the details for each condo sold – including the most expensive sale(s) over the last 6 months, which was for Unit 1110 a 3 bedroom 3 bathroom luxury condo which sold for $2,850,000!

Unit 1110 sold for $950.00 per square foot.

This Luxury Galt Ocean Mile condo had just 1 day on market and sold for 95% of its list price!

Kevin_Wirth_on_Galt_Ocean_Mile

I hope you have enjoyed my post on Luxury Fort Lauderdale condos for sale here in  L’Hermitage

By Kevin Wirth P.A. Realtor

This statistical report on comparable L’Hermitage properties includes listing content from the MLS compilation and statistical MLS data – this data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. 

This report is based on information which is the © 2020 Realtors of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service Inc.