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 November 2019 / December 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.

Search L’Hermitage Condos for Sale

 

At the time of writing this Blog there are 25 x Luxury L’Hermitage Galt Ocean Mile condos for sale – 3 of which are new listings.

All of the new listings are 3 bedroom units in Tower II.

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 $1,375,000
    – for a 3 bedroom 2 bathroom unit
  • Median Sales Price $1,265,000
    – for a 2 bedroom 2 bathroom unit
  • Sales Price to Sq Ft Price $593.00
  • Sales to List Price 91%
  • Days on Market 133 Days
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

L’Hermitage
Condos for Sale

There are currently 25 x L’Hermitage Galt Ocean Mile condos for sale – This is up slightly from the 23 x L’Hermitage Galt Ocean Mile condos for sale as in our last post for July 2019 / August 2019

The market analysis report for these 25 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

2,647

$2,117,784

Median

3 / 3

2,102

$1,375,000

This report shows us that the average price for a luxury Galt Ocean Mile condo here in L’Hermitage is $2,117,784 – this being for a 3 bedroom 3 bathroom unit of 2647 square feet.

We can also see from this report that the median price for a Galt Ocean Mile condo in L’Hermitage is $1,375,000 – this being for a 3 bedroom 3 bathroom unit of 2102 square feet.

In our last post for July 2019  / August 2019 the median price for a Galt Ocean Mile condo in L’Hermitage was lower at $1,360,000 – this being for a 3 bedroom 2 bathroom unit of 2102 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

Click here to email me now


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

1,634

$999,999

$650.00

3 / 3

2,351

$1,735,000

$730.00

4 / 4

4,938

$4,750,000

$962.00

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 $999,999 – this being for a unit of 1634 square feet with a list price to square foot price of $650.00
  • 3 Bedroom 3 Bathroom units for sale is $1,735,000 – this being for a unit of 2351 square feet with a list price to square foot price of $730.00
  • 4 Bedroom 4 Bathroom units for sale is $4,750,000 – this being for a unit of 4938 square feet with a list price to square foot price of $962.00
  • 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 3200 N Ocean Blvd Fort Lauderdale Unit 2309
View L’Hermitage Galt Ocean Mile condo just listed for sale 3200 N Ocean Blvd – Unit 2309

L’Hermitage
New Luxury Listings

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

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

 

BEDS / BATHS

LA

LP$

Unit 2309

3 / 3

2,851

$2,995,000

Unit 909

3 / 3

2,850

$2,500,000

Unit 903

3 / 3

2,100

$1,200,000

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

Unit 2309 a 3 bedroom luxury L’Hermitage condo has just been listed for sale for $2,995,000this 3 bedroom 3 bathroom 2851 square foot unit has a list price to square foot price of $1,051.00

Unit 2309 is a Brighton Model in L’Hermitage Tower 2!

This Galt Ocean Mile condo has breathtaking panoramic southeast views. views from every room, open floor plan with floor-to-ceiling windows and gleaming marble floors.  This unit has a private elevator and private foyer and a wraparound balcony with unobstructed coastline views north and south for miles!

Unit 909 a 3 bedroom luxury L’Hermitage condo has just been listed for sale for $2,500,000this 3 bedroom 3 bathroom 2850 square foot unit has a list price to square foot price of $877.00

Unit 909 is a Brighton Model in L’Hermitage Tower 2!

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

Unit 903 a 3 bedroom luxury L’Hermitage condo has just been listed for sale for $1,200,000this 3 bedroom 3 bathroom 2100 square foot unit has a list price to square foot price of $571.00

Unit 903 is a Eaton Model in L’Hermitage Tower 2!

This Galt Ocean Mile condo offers sweeping direct ocean views from its multiple balconies. The condo features: a gorgeous Venetian plaster foyer and pristine marble and porcelain tile through out the main living areas. This unit has an upscale kitchen with high-end appliances and a picturesque eat-in-area.

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 no luxury L’Hermitage Galt Ocean Mile condos pending sale 

In our last post there were 4 x luxury L’Hermitage condos pending sale!

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

In our last post for July 2019 / August 2019 there had also been 14 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

1,537

$780,480

Max

3 / 3

2,762

$2,634,000

Avg

3 / 2

2,260

$1,361,749

Median

3 / 2

2,325

$1,265,000

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 $1,361,749 – this being for a 3 bedroom 2 bathroom unit of 2,260 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 $1,265,000 – this being for a 3 bedroom 2 bathroom unit of 2325 square feet – this is down from our last post!

In our last post for July 2019 / August 2019 the the median price of a condo sold in L’Hermitage over the preceding 6 months had been $1,312,500 – this being for a 3 bedroom 2 bathroom unit of 2109 square feet!

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

View L'Hermitage Galt Ocean Mile condo recently sold 3100-3200 N Ocean Blvd Fort Lauderdale Unit 1804
View L’Hermitage Galt Ocean Mile condo recently sold 3100-3200 N Ocean Blvd – Unit 1804

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

1,927

$1,220,240

$508.00

3 / 2

2,332

$1,265,000

$595.00

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

  • 2 Bedroom L’Hermitage condos sold has been $1,220,240* this being for a unit of 1927 square feet with a list price to square foot price of $508.00.  In our last post the median for 2 Bedroom L’Hermitage condos was lower at $757,740 – this being for a unit of 1634 square feet with a list price to square foot price of $479.00.

  • 3 Bedroom 2 Bathroom units sold has been $1,265,000 – this being for a unit of 2332 square feet with a list price to square foot price of $595.00.  In our last post the median for 3 Bedroom L’Hermitage condos was higher at $1,412,500 – this being for a unit of 2109 square feet with a list price to square foot price of $620.00.

* Note only 2 x 2 bedroom units have been sold over the last 6 months

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

$404.00

Max

$990.00

Avg

$590.00

Median

$593.00

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 – down from $598.00 as in our prior post!

Important to note is the highest square foot price paid at $990.00!

% 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

83%

Max

100%

Avg

91%

Median

91%

We can see from this report that BOTH the average and median sales price to list price for Fort Lauderdale condos here in L’Hermitage has been 91%

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

31

Max

413

Avg

176

Median

133

We can see from this report that the average days on market for a Fort Lauderdale condo for sale in L’Hermitage is 176 days or just under 6 months.

More importantly however is the median days on market at 133 days or just under 5 months!

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

Aerial 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 Ft Lauderdale

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 2410

3 / 2

2,661

$2,634,000

Unit 310

3 / 3

2,661

$1,995,000

Unit 2508

2 / 3

2318

1,660,000

Unit 2507

3 / 2

2,338

$1,450,000

Unit 1402

3 / 2

2,086

$1,300,000

Unit 309

3 / 3

2,762

$1,300,000

Unit 1804

3 / 2

2,102

$1,280,000

Unit 2304

3 / 2

2,109

$1,250,000

PH 2803

3 / 2

2,109

$1,220,000

Unit 1202

3 / 2

2,332

$1,145,000

Unit 510

3 / 3

2,661

$1,075,000

Unit 807

3 / 2

2,332

$1,000,000

Unit 1106

3 / 2

1,630

$975,000

Unit 2605

2 / 2

1537

$780,480

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 2410 a 3 bedroom 2 bathroom luxury condo which sold for $2,634,000!

Unit 2410 sold for $990.00 per square foot.

The condo had 110 days on market and sold for 89% 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 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.