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

L’Hermitage Condos

L’Hermitage Galt Ocean Mile
Condos for Sale

Welcome to our July 2019 / August 2019 Pricing Guide for Luxury L’Hermitage Galt Ocean Mile Condos for Sale Fort Lauderdale

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 23 x Luxury L’Hermitage Galt Ocean Mile condos for sale – 4 of which are new listings. 

There are 4 condos currently pending sale – all 3 bedroom units!

There have been 14 sales of luxury condos in the L’Hermitage complex over the last 6 months.

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 – $4,995,000

Median Prices

  • Median List Price $1,360,000
    – for a 3 bedroom 2 bathroom unit
  • Median Sales Price $1,312,500
    – for a 2 bedroom 2 bathroom unit
  • Sales Price to Sq Ft Price $598.00
  • Sales to List Price 91%
  • Days on Market 138 Days
View L'Hermitage condominium Galt Ocean Mile 3100-3200 N Ocean Blvd Fort Lauderdale
Aerial views of L’Hermitage condominium here on Galt Ocean Mile, Fort Lauderdale, Florida

L’Hermitage
Condos for Sale

There are currently 23 x L’Hermitage Galt Ocean Mile condos for sale – This is up ever so slightly from the 22 x L’Hermitage Galt Ocean Mile condos for sale as in our last post for February 2019 / March 2019

The market analysis report for these 23 x luxury condos for sale is presented below.

 

BEDS / BATHS

LA

LP$

Min

2 / 2

1,537

$854,900

Max

6 / 5

6,627

$4,995,000

Avg

3 / 3

2,753

$2,152,674

Median

3 / 2

2,102

$1,360,000

This report shows us that the average price for a luxury Galt Ocean Mile condo here in L’Hermitage is $2,152,674 – this being for a 3 bedroom 2 bathroom unit of 2753 square feet.

We can also see from this report that the median price for a Galt Ocean Mile condo in L’Hermitage is $1,360,000 – this being for a 3 bedroom 2 bathroom unit of 2102 square feet.

In our last post for February 2019  / March 2019 the median price for a Galt Ocean Mile condo in L’Hermitage was higher at $1,449,950 – this being for a 3 bedroom 2 bathroom unit of 2325 square feet.


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?

Call Me Today!

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

email: kevinsellsmore@gmail.com

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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

1,585

$1,099,500

$650.00

3 / 2

2,102

$1,312,450

$639.00

4 / 4

4,706

$4,725,000

$900.00

6 / 5

4,475

$3,999,900

$894.00

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

  • 2 Bedroom 2 Bathroom units for sale is $1,099,500 – this being for a unit of 1585 square feet with a list price to square foot price of $650.00
  • 3 Bedroom 2 Bathroom units for sale is $1,312,450 – this being for a unit of 2102 square feet with a list price to square foot price of $639.00
  • 4 Bedroom 4 Bathroom units for sale is $4,725,000 – this being for a unit of 4706 square feet with a list price to square foot price of $900.00
  • 6 Bedroom 5 Bathroom units for sale is $3,999,900 – this being for a unit of 4475 square feet with a list price to square foot price of $894.00
View L'Hermitage Galt Ocean Mile condo just listed for sale 3100-3200 N Ocean Blvd Fort Lauderdale - Unit 2801
View L’Hermitage Galt Ocean Mile condo just listed for sale 3100-3200 N Ocean Blvd #2801

L’Hermitage
New Luxury Listings

There have been 4 new listings of L’Hermitage Galt Ocean Mile condos for sale in the last 30 days – this is up from 3 new listings as in our last post for February 2019 / March 2019!

Our market summary report for these 4 units is presented below.

 

BEDS / BATHS

LA

LP$

Unit 2801

4 / 5

4,404

$4,995,000

Unit 1809

3 / 4

2,845

$2,995,000

Unit 909

2 / 3

2,850

$2,565,000

Unit 1202

3 / 2

2,332

$1,250,000

We can see from this report the details for each of these units:

Unit 2801 a 4 bedroom luxury L’Hermitage condo has just been listed for sale for $4,995,000this 4 bedroom 5 bathroom 4404 square foot unit has a list price to square foot price of $1,134.00

Unit 2801 is Direct oceanfront Grand Penthouse and almost every room of the Penthouse offers stunning oceanfront, Intracoastal and city views!

This Galt Ocean Mile condo has an open, practical floorplan, 10 ft ceilings throughout with floor to ceiling impact glass windows and doors plus four terraces. There is a private keyed elevator to entry foyer and this Penthouse elegantly unfolds to a great room and bar area and an expansive open kitchen all oceanfront facing.

Unit 1809 a 3 bedroom luxury L’Hermitage condo has just been listed for sale for $2,995,000this 3 bedroom 4 bathroom 2845 square foot unit has a list price to square foot price of $1,053.00

Unit 1809 is in L’hermitage ll and is a direct oceanfront corner withmany upgrades including hurricane impact windows!

This Galt Ocean Mile condo has .private elevator and marble floors throughout. There is an open kitchen and a flexible open floor-plan. This unit can be a 3 bedroom and features a wrap around terrace and 2 garage parking spaces.

Unit 909 a 2 bedroom luxury L’Hermitage condo has just been listed for sale for $2,565,000this 2 bedroom 3 bathroom 2850 square foot unit has a list price to square foot price of $900.00

Unit 909 is direct ocean front East facing unit with expansive views up and down the coast. Greet the sunrise from your magnificent wrap around terrace!

This Galt Ocean Mile condo was originally a 3 bedroom  unit so it gives you a wonderful open feeling with floor to ceiling impact windows. This unit show impeccable taste with imported wood doors and trim throughout, Brazilian cherry wood floors, custom wallpaper and modern lighting.

Unit 1202 a 3 bedroom luxury L’Hermitage condo has just been listed for sale for $1,250,000this 3 bedroom 2 bathroom 2332 square foot unit has a list price to square foot price of $536.00

Unit 1202 is a direct oceanfront condo that overlooks ocean, the Intracoastal waterway and city!

This Galt Ocean Mile condo has had over $80K in renovations including new impact windows and doors on the ocean side.   This unit features a “Spectacular” master bathroom with a soaking tub, Carrera marble and contemporary lighting.

View Galt Ocean Mile condo L'Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale
View Galt Ocean Mile condominium L’Hermitage 3100-3200 N Ocean Blvd Fort Lauderdale, FL

L’Hermitage
Pending Sales

There are currently 4 x luxury L’Hermitage Galt Ocean Mile condos pending sale – all 3 bedroom units!

In our last post there were 3 x luxury L’Hermitage condos pending sale!

Our market summary report for these 4 units is presented below

 

BEDS / BATHS

LA

LP$

Unit 310

3 / 3

2,661

$1,995,000

Unit 309

3 / 3

2,762

$1,350,000

Unit 510

3 / 3

2,661

$1,200,000

Unit 807

3 / 2

2,332

$1,199,900

We can see from this report the data for each of these 3 bedroom luxury Galt Ocean Mile condo units pending sale.

Unit 310 a 3 bedroom luxury L’Hermitage condo listed for sale for $1,995,000 is now pending salethis 3 bedroom 3 bathroom 2661 square foot unit has a list price to square foot price of $750.00

L’Hermitage Unit 310 is an Ascot Model in the 10 Stack in Tower II – the This luxury Galt Ocean Mile condo has a SW exposure. 

Unit 310 offers luxurious finishes with marble floors throughout. The unit has a chef’s kitchen equipped with Sub-Zero & Wolf Appliances.

Unit 309 a 3 bedroom luxury L’Hermitage condo listed for sale for $1,350,000 is now pending salethis 3 bedroom 3 bathroom 2762 square foot unit has a list price to square foot price of $489.00

L’Hermitage Unit 309 is an Brittany Model in the 09 Stack in Tower II – this Luxury Galt Ocean Mile condo has a SE exposure. 

Unit 309 is a LANAI unit and feels like a house or villa.  The unit is renovated and shows like a modern model.

Unit 510 a 3 bedroom luxury L’Hermitage condo listed for sale for $1,200,00 is now pending salethis 3 bedroom 3 bathroom 2661 square foot unit has a list price to square foot price of $451.00

L’Hermitage Unit 510 is an Ascot Model in the 10 Stack in Tower II – this Luxury Galt Ocean Mile condo has a SW exposure. 

Unit 510 is in good condition but needs rehabbing. The asking price is only $451 per square foot! Renovated units in the “10” stack have recently sold for $750 to $1000 per square foot!

Unit 807 a 3 bedroom luxury L’Hermitage condo listed for sale for $1,199,900 is now pending salethis 3 bedroom 2 bathroom 2332 square foot unit has a list price to square foot price of $515.00

L’Hermitage Unit 807 is an Dorchester Model in the 17 Stack in Tower I – this Luxury Galt Ocean Mile condo has a SE / SW exposure

Unit 807 offers a view of ocean and pool.  The unit has a private elevator, 2 terraces and 3rd bedroom is being used as office / den.

View L'Hermitage Galt Ocean Mile condo recently sold 3100-3200 N Ocean Blvd Fort Lauderdale - Unit 2507
View L’Hermitage Galt Ocean Mile condo recently sold 3100-3200 N Ocean Blvd # 2507

L’Hermitage Condos
Sales Last 6 Months

There have been 14 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 February 2019 / March 2019 there were 15 x L’Hermitage Galt Ocean Mile condos sold over the preceding 6 month period.

The market analysis report for these 14 units is presented below.

 

BEDS / BATHS

LA

SP$

Min

2 / 2

1,030

$652,500

Max

3 / 3

2,845

$2,650,000

Avg

3 / 2

2,168

$1,482,641

Median

3 / 2

2,109

$1,312,500

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 $1,482,641 – this being for a 3 bedroom 2 bathroom unit of 2,168 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 $1,312,500 – this being for a 3 bedroom 2 bathroom unit of 2109 square feet – this is well up from our last post!

In our last post for Feburary 2019 / March 2019 the the median price of a condo sold in L’Hermitage over the preceding 6 months had been $1,000,000 – this being for a smaller 3 bedroom 2 bathroom unit of 1634 square feet!

It is 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

$757,740

$479.00

3 / 2

2,109

$1,412,500

$620.00

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

  • 2 Bedroom L’Hermitage condos sold has been $757,740 this being for a unit of 1634 square feet with a list price to square foot price of $479.00.  In our last post the median for 2 Bedroom L’Hermitage condos was lower at $684,000 – this being for a unit of 1583 square feet with a list price to square foot price of $445.00.
  • 3 Bedroom 2 Bathroom units sold has been $1,412,500 – this being for a unit of 2109 square feet with a list price to square foot price of $620.00.  In our last post the median for 3 Bedroom L’Hermitage condos was lower at $1,312,000 – this being for a unit of 2086 square feet with a list price to square foot price of $598.00.

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

$450.00

Max

$996.00

Avg

$663.00

Median

$598.00

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 $598.00 per square foot – up from $515.00 as in our last post which in turn was up from $506.00 in our prior post!

Important to note is the highest price paid at $996.00!

% 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

76%

Max

95%

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%

It is important to note that this is down from 92% in our last post and 93% as in our prior post!

This means if a Luxury Fort Lauderdale condo for sale here in L’Hermitage is listed at $1,300,000 – then based on median sales data the condo could be expected to sell for 91% of that amount or $1,183,000.

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

44

Max

413

Avg

183

Median

138

We can see from this report that the average days on market for a Fort Lauderdale condo for sale in L’Hermitage is 183 days or just over 6 months.

More importantly however is the median days on market at 138 days or just under 5 month – this is well up from 82 days as our last post!  

Days on market is the time from when the condo was listed for sale till the condo sold AND closed.

View of L'Hermitage condominium 3100 N Ocean Blvd Fort Lauderdale, Florida
View of L’Hermitage condominium 3100 N Ocean Blvd here on Galt Ocean Mile

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 2310

3 / 3

2,661

$2,650,000

Unit 2410

3 / 2

2,661

$2,634,000

Unit 2109

3 / 3

2,845

$2,250,000

Unit 2601

3 / 3

2,318

$2,050,000

Unit 2508

2 / 3

2,318

$1,660,000

Unit 2507

3 / 2

2,338

$1,450,000

Unit 1002

3 / 2

2,086

$1,375,000

Unit 2304

3 / 2

2,109

$1,250,000

Unit 2803

3 / 2

2,109

$1,220,000

Unit 1602

3 / 2

2,086

$1,075,000

Unit 1106

3 / 2

1,630

$975,000

Unit 2605

2 / 2

1,537

$780,480

Unit 705

2 / 2

1,634

$735,000

Unit 304

2 / 2

1,030

$652,500

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 2310 a 3 bedroom 3 bathroom luxury condo which sold for $2,650,000!

L’Hermitage Unit 2310 is an Ascot Model in the 10 Stack in Tower I – this Luxury Galt Ocean Mile condo has a SE / SW exposure

Unit 2310 has undergone substantial remodeling including spa-like master bathrooms with double shower and tub.

This condo features: an open kitchen has been completely renovated with Wolf/Subzero appliances.  There is a stone fireplace in the 3rd bedroom, remote window treatments and high impact windows and doors.

All rooms enjoy Southeast views down the coastline

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 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 © 2019 Realtors of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service Inc.