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
2021 Pricing Guide

Welcome to our March 2021 / April 2021 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 16 x Luxury L’Hermitage Galt Ocean Mile condos for sale – 1 of which is a new listing.

There have been 18 sales of luxury condos in the L’Hermitage complex over the last 6 months and 7 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 $875,000 – $5,900,000

Median Prices

  • Median List Price $1,549,500
    – for a 3 bedroom 2 bathroom unit
  • Median Sales Price $1,450,000
    – for a 3 bedroom 3 bathroom unit
  • Sales Price to Sq Ft Price $684.00
  • Sales to List Price 91%
  • Days on Market 197 Days
View Galt Ocean Mile condominium L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale
View Galt Ocean Mile condominium L’Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale

L’Hermitage
Condos for Sale

There are currently 16 x L’Hermitage Galt Ocean Mile condos for sale – down from our last 3 posts!

It is important to note that the inventory of condos for sale is down from:

The market analysis report for these 16 x luxury condos for sale is presented below.

 

BEDS / BATHS

LA

LP$

Min

2 / 2

1,537

$875,000

Max

6 / 6

7,050

$5,900,000

Avg

3 / 3

2,781

$2,163,800

Median

3 / 2

2,332

$1,549,500

This report shows us that the average price for a luxury Galt Ocean Mile condo here in L’Hermitage is $2163,800 – this being for a 3 bedroom 3 bathroom unit of 2781 square feet.

In our last post the average price for a luxury Galt Ocean Mile condo here in L’Hermitage was lower at $2,032,568 – this being for a 3 bedroom 3 bathroom unit of 2641 square feet.

We can also see from this report that the median price for a Galt Ocean Mile condo in L’Hermitage is $1,549,500 – this being for a 3 bedroom 3 bathroom unit of 2332 square feet

In our last post for December 2020  / January 2021 the median price for a Galt Ocean Mile condo in L’Hermitage was also lower at $1,475,000 – this being for a 3 bedroom 3 bathroom unit of 2109 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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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

1,977

$1,049,000

$569.00

3 / 2

2,336

$1,675,000

$759.00

4 / 4

4,302

$4,622,500

$1,080.00

6 / 6

7,050

$5,900,000

$837.00

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

  • 2 Bedroom 2 Bathroom L’Hermitage Galt Ocean Mile condos for sale is $1,049,000 – this being for a unit of 1977 square feet with a list price to square foot price of $569.00 – In our last post the median for 2 Bedroom 2 Bathroom L’Hermitage condos for sale was lower $999,999 – this being for a unit of 1634 square feet with a list price to square foot price of $572.00
  • 3 Bedroom 3 Bathroom L’Hermitage Galt Ocean Mile condos for sale is $1,675,000 – this being for a unit of 2336 square feet with a list price to square foot price of $759.00 – In our last post the median for 3 Bedroom 3 Bathroom L’Hermitage condos for sale was lower at $1,599,900 – this being for a unit of 2318 square feet with a list price to square foot price of $767.00
  • 4 Bedroom 4 Bathroom L’Hermitage Galt Ocean Mile condos for sale is $4,622,500 – this being for a unit of 4302 square feet with a list price to square foot price of $1,080.00 – In our last post the median for 4 Bedroom 4 Bathroom L’Hermitage condos for sale was much lower at $4,150,000 – this being for a unit of 4630 square feet with a list price to square foot price of $862.00
  • 6 Bedroom 4 Bathroom L’Hermitage Galt Ocean Mile condos for sale is $5,900,000 – this being for a unit of 7050 square feet with a list price to square foot price of $837.00 – In our last post their were no 6 bedroom condos for sale.
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

L’Hermitage
New Luxury Listings

There has been 1 new listing of a L’Hermitage Galt Ocean Mile condo for sale in the last 30 days – this down from 3 new listing as in our last post for October 2020 / November 2020!

Our market summary report for this  unit is presented below.

 

BEDS / BATHS

LA

LP$

Unit 1502

3 / 2

2,332

$1,750,000

We can see from this report that Unit 1502 a 2 bedroom luxury L’Hermitage condo has just been listed for sale for $1,750,000 – this 3 bedroom 2 bathroom 2332 square foot unit has a list price to square foot price of $750.00

Unit 1502 is a Deauville 02 Model in L’Hermitage Tower I

This Galt Ocean Mile condo is offered for sale fully furnished.  The unit has ocean, pool and city views.

Unit 1502 features: hurricane impact windows and a private elevator. The condo is currently 2 bedrooms with an open den which can be converted to 3rd bedroom by adding a wall or double doors.

View Galt Ocean Mile condo L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale pending sale Penthouse 2808
View L’Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale pending sale Penthouse 2808

L’Hermitage
Pending Sales

There are currently 7 luxury L’Hermitage Galt Ocean Mile condos pending sale

It is important to note that this is well up from the 4 condos pending sale as in our last post.

Our market analysis report for these 7 luxury condos pending sale is presented below.

 

BEDS / BATHS

LA

LP$

PH 2808

4 / 4

6,381

$4,150,000

Unit 510

3 / 3

3,000

$2,999,900

Unit 2408

3 / 3

2,318

$2,500,000

Unit 1409

3 / 2

2,762

$2,250,000

Unit 704

3 / 2

2,102

$1,299,000

Unit 703

3 / 3

2,102

$1,250,000

Unit 1802

3 / 2

2,332

$1,200,000

We can see from this report that:

Penthouse 2808 a 4 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $4,150,000 is now pending salethis 4 bedroom 4 bathroom 6381 square foot unit has a list price to square foot price of $650.00

Unit 2808 is a Penthouse Model in L’Hermitage Tower I

This Galt Ocean Mile condo is a “Grand Penthouse” with spectacular views of sun, sea and city from its 6 private balconies.   The unit has a split floor plan with separate elevator/entrance to its guest wing.  The unit features: an eat-in kitchen, guest kitchenette, formal dining room and living room and bar.

Unit 510 a 3 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $2,999,900 is now pending salethis 3 bedroom 3 bathroom 3000 square foot unit has a list price to square foot price of $1000.00

Unit 510 is a Addison 10 Model in L’Hermitage Tower I

This Galt Ocean Mile condo is a South-East direct oceanfront corner unit with ocean views from every room. Features include: a private elevator, marble floors, updated kitchen, custom millwork, built-ins and two garage parking spaces.

Unit 2408 a 3 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $2,500,000 is now pending salethis 3 bedroom 3 bathroom 2318 square foot unit has a list price to square foot price of $1078.00

Unit 2408 is a Carlyle 08 Model in L’Hermitage Tower II

This Galt Ocean Mile condo offers amazing ocean and city views through walls of glass from every room. The unit features: an open kitchen with bespoke finishes throughout, including custom cabinetry, quartzite countertops, custom lighting, Subzero refrigerator, Jenn Air professional series appliances and Best professional range hood. This condo has marble and porcelain floors throughout.

Unit 1409 a 3 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $2,250,000 is now pending salethis 3 bedroom 2 bathroom 2762 square foot unit has a list price to square foot price of $815.00

Unit 1409 is a Brittany 09 Model in L’Hermitage Tower II

This Galt Ocean Mile condo offers sweeping ocean views and is a completely updated, designer-decorated home.  The unit featires: a convertible den open-plan living spaces to a private covered balcony with views of pool grounds and ocean, a Chef’s kitchen with two islands, tow ovens, granite counters and lots of cabinets. The Master suite has two walk-ins with built-ins.

Unit 704 a 3 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $1,299,000 is now pending salethis 3 bedroom 2 bathroom 2102 square foot unit has a list price to square foot price of $618.00

Unit 704 is a Eaton 04 Model in L’Hermitage Tower I

This Galt Ocean Mile condo offers Southeast Ocean views and West views for sunsets. The unit features: Marble floors / an upgraded shower and 2 balconies.

Unit 703 a 3 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $1,250,000 is now pending salethis 3 bedroom 3 bathroom 2102 square foot unit has a list price to square foot price of $595.00

Unit 703 is a Easton 03 Model in L’Hermitage Tower I

This Galt Ocean Mile condo offers spectacular ocean views in your bedroom and living room with sunset views from the West terrace. The unit is completely updated and features: Marble flooring, custom kitchen cabinetry and Thermador appliances . The condo has an open floorplan with two terraces 

Unit 1802 a 3 bedroom luxury L’Hermitage Galt Ocean Mile condo listed for sale for $1,200,000 is now pending salethis 3 bedroom 2 bathroom 2332 square foot unit has a list price to square foot price of $515.00

Unit 1802 is a Deauville 02 Model in L’Hermitage Tower II

This Galt Ocean Mile condo is an Estate sale.  The unit is all original but very well maintained and offers amazing direct ocean and intracoastal views from its 2 large balconies! The unit features: an open concept floorplan with lots of natural light.

View Galt Ocean Mile condo L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale recently sold Penthouse 2708
View Galt Ocean Mile condo L’Hermitage N Ocean Blvd Fort Lauderdale sold Penthouse 2708

L’Hermitage Condos
Sales Last 6 Months

There have been 18 x Luxury L’Hermitage Galt Ocean Mile condos sold over the last 6 months up from our last post!

In our last post for December 2020 / January 2021 there had been 15 x L’Hermitage Galt Ocean Mile condos sold over the preceding 6 month period.

The market analysis report for these units is presented below.

 

BEDS / BATHS

LA

SP$

Min

2 / 2

1,537

$805,000

Max

6 / 5

4,938

$4,170,000

Avg

3 / 3

2,564

$1,774,644

Median

3 / 3

2,328

$1,450,000

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 $1,979,140 – this being for a 3 bedroom 3 bathroom unit of 2,802 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 $1,979,140 – this being for a 3 bedroom 3 bathroom unit of 2,802 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 $1,450,000 – this being for a 3 bedroom 3 bathroom unit of 2328 square feet – this is well down from our last post!

In our last post for December 2020 / January 2021 the the median price of a condo sold in L’Hermitage over the preceding 6 months was much higher at $1,949,000 – this being for a 3 bedroom 3 bathroom unit of 2762 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

1,634

$1,067,500

$556.00

3 / 3

2,661

$1,949,000

$711.00

4 / 4

4,938

$4,170,000

$844.00

6 / 5

4,475

$3,017,400

$674.00

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

  • 2 Bedroom L’Hermitage condos sold has been $1,067,500 this being for a unit of 1634 square feet with a list price to square foot price of $556.00.  In our last post the median for 2 Bedroom L’Hermitage condos was higher at $1,150,000 – this being for a larger unit of 2,031 square feet with a list price to square foot price of $574.00.
  • 3 Bedroom 2 Bathroom units sold has been $1,949,000 – this being for a unit of 2661 square feet with a list price to square foot price of $711.00.  In our last post the median for 3 Bedroom L’Hermitage condos was higher at $2,062,525 – this being for a larger unit of 2845 square feet with a list price to square foot price of $738.00.
  • 4 Bedroom 4 Bathroom units sold has been $4,170,000 – this being for a unit of 4938 square feet with a list price to square foot price of $844.00 – this is the same as in our last post!
  • 6 Bedroom 5 Bathroom units sold has been $3,017,400 – this being for a unit of 4475 square feet with a list price to square foot price of $674.00 – there had been no 6 bedroom units sold as in our last post!

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

$494.00

Max

$1,184.00

Avg

$700.00

Median

$684.00

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 $684.00 per square foot – down from $711.00 as in our last post!

Important to note is the highest square foot price paid at $1,184.00 – the same as in our last post!

% 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

99%

Avg

90%

Median

91%

We can see from this report that the median sales price to list price for Fort Lauderdale condos here in L’Hermitage has been 91% – up from 90% in our last 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 91% of that amount or $1,365,000.

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

4

Max

509

Avg

223

Median

197

We can see from this report that the average days on market for a Fort Lauderdale condo for sale in L’Hermitage is 223 days.

More importantly however is the median days on market at 197 days – up from 180 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$

PH 2708

4 / 4

4,938

$4,170,000

Unit 1510

3 / 3

2,661

$3,150,000

Unit 1009/05

6 / 5

4,475

$3,017,400

Unit 1509

3 / 3

2,762

$2,300,000

 

Unit 1809

3 / 4

2,845

$2,100,050

 

Unit 1010

3 / 3

2,661

$2,100,000

 

Unit 909

3 / 3

2,850

$1,949,000

 

Unit 1807

2 / 2

2,338

$1,700,000

 

Unit 2501

3 / 3

2,318

$1,450,000

 

Unit 1504

3 / 3

2,102

$1,300,000

 

Unit 2007

2 / 2

2,086

$1,160,000

 

Unit 1105

2 / 3

1,634

$1,135,000

 

Unit 803

3 / 2

2,102

$1,070,000

 

Unit 302

2 / 2

$1,000,000

 

Unit 802

3 / 2

2,086

$950,000

 

Unit 905

2 / 2

1,537

$812,500

 

Unit 505

2 / 2

1,630

$805,000

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 L”Hermitage Penthouse 2708 a 4 bedroom 4 bathroom 4938 square foot luxury condo which sold for $4,170,000!

Penthouse 2708 sold for $844.00 per square foot.

This Luxury Galt Ocean Mile condo had 225 days on market and sold for 88% of its list price!

Note: Data for Unit 805 a 2 bedroom 2 bathroom unit listed for $999,999 and sold over the last 6 months has not been included due to data inaccuracies.

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.