View Galt Ocean Mile condo Ocean Club 4020 Galt Ocean Drive Fort Lauderdale

Ocean Club Condos

Ocean Club Condos
4020 Galt Ocean Drive

Weclome to our May 2019 / June 2019 post on Ocean Club Condos 4020 Galt Ocean Drive Fort Lauderdale.

Fort Lauderdale condos for sale here in Ocean Club are set right on the sand on the famous Galt Ocean Mile beach.

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There are currently 9 condos for sale in the complex – 1 of which is a new listing – a 2 bedroom unit!

There have been 2 closed sales over the last 6 months and 1 unit is 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 %) as well as the highest prices paid for units over the last 6 months!

We also compare recent sales in Ocean Club – Important information for both buyers and sellers!

Ocean Club Condos
4020 Galt Ocean Drive – Key Statistics

Here are some key statistics for Ocean Club Condos 4020 Galt Ocean Drive – Statistics useful to both Buyers and Sellers!

  • Prices from $279,900 to $749,000 
  • Median List Price $505,000
    – 2 Bedroom 2 Bathroom Unit

Median Sales Prices

  • 2 Sales last 6 Months
     – 1 Bedroom 2 Bathroom Unit $333,000

    –  2 Bedroom 2 Bathroom Unit $458,000
  • Sales Price to Sq Ft Price $294.00
  • Sales to List Price 96%
  • Days on Market 123 Days
View Ocean Club Condominium -4020 Galt Ocean Dr, Fort Lauderdale, FL 33308
View Ocean Club Condominium here on Galt Ocean Dr / Galt Ocean Mile in Fort Lauderdale

Ocean Club
Condos for Sale

Currently there are 9 x Ocean Club Galt Ocean Mile condos for sale – this is down slightly from the 10 Ocean Club Condos for sale as per our last post 

The market analysis report for the 9 x Ocean Club Condos for sale Fort Lauderdale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 1,166 $279,900
Max 2 / 2 1,907 $749,000
Avg 2 / 2 1,539 $525,967
Median 2 / 2 1,645 $505,000

We can see from this report that the median price for a Galt Ocean Mile condo for sale here in Ocean Club is $525,967 – this being for a 2 bedroom 2 bathroom unit.

We can also see from this report that the median price for a condo for sale here in Ocean Club is $505,000 – this being for a 2 bedroom 2 bathroom unit.

It is important to note that the most expensive unit for sale in Ocean Club is listed for sale for $749,000 and the least expensive unit for sale is listed for sale at $279,900!

Aerial view Ocean Club condominium Galt Ocean Mile Fort Lauderdale
Aerial view Ocean Club Condos 4020 Galt Ocean Drive on Galt Ocean Mile

Ocean Club Condos
4020 Galt Ocean Drive
Prices by Bedroom

Here are the median prices by bedroom for all Ocean Club condos 4020 Galt Ocean Drive.

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1,183 $314,950 $267.00
2 / 2 1,645 $529,900 $334.00

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

  • 1 Bedroom Ocean Club condos for sale is $314,950 – this being for a 1 bedroom unit of 1,183 square feet with a list price to square foot price of $267.00
  • 2 Bedroom Ocean Club condos for sale is units currently for sale is $529,900 – this being for a 2 bedroom 2 bathroom unit of 1645 square feet with a list price to square foot price of $334.00
  • There are currently no 3 Bedroom Ocean Club condos for sale!
View Galt Ocean Mile condo just listed for sale Ocean Club 4020 Galt Ocean Drive Fort Lauderdale - Unit 1103
View Galt Ocean Mile condo just listed for sale Ocean Club 4020 Galt Ocean Drive #1103

Ocean Club
New Listings – Last 30 Days

There has been 1 new listing of a Galt Ocean Mile condo for sale here in Ocean Club over the last 30 days 

The market analysis report for this new listing is presented below.

CONDO BEDS / BATHS LA LP$
Unit 1103 2 / 2 1,596 $475,000

We can see from this report that Unit 1103 a 2 bedroom unit has just been listed for sale for $475,000this 2 bedroom 2 bathroom 1596 square foot unit has a list price to square foot price of $298.00

Unit 1103 is a North facing unit and offers breathtaking views of the ocean and the Intracoastal waterway!

The unit features hurricane impact floor-to-ceiling windows & exterior doors. The kitchen has been updated and includes stainless steel appliances and in-unit washer and dryer.

Both bedrooms have 2 closets, each includes a custom walk-in closet. The unit has Tile floors throughout with laminate flooring in bedrooms.

This condo has 2 tandem garage parking spaces and a storage unit!

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
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Kevin Wirth – Realtor
954-459-0337

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View Galt Ocean Mile New Listings

 

View Galt Ocean Mile condo pending sale Ocean Club 4020 Galt Ocean Drive Fort Lauderdale - Unit 204
View Galt Ocean Mile condo pending sale Ocean Club 4020 Galt Ocean Drive Fort Lauderdale – Unit 204

Ocean Club Condos
Recent & Pending Sales

In this section of the post we look at Ocean Club’s pending sales and sales over the last 6 months.

Ocean Club
Pending Condo Sales

There is currently 1 x Ocean Club condo under contract and pending sale

Our market analysis report for this unit is presented below

CONDO BEDS / BATHS LA LP$
Unit 204 2 / 2 1,596 $429,000

We can see from this report that Unit 204 a 2 bedroom unit listed for $429,000 is now pending salethis 2 bedroom 2 bathroom 1596 square foot unit has a list price to square foot price of $269.00

Unit 204 is a totally remodeled Galt Ocean Mile condo and features new marbles floors all across the unit, an open space kitchen with new and modern appliances and spacious and bright rooms.

The unit has oversized closets and brand new custom built closets in the master bedroom.

You will love the lateral Ocean View from living room balcony!

View 1 bedroom Galt Ocean Mile condo recently sold Ocean Club 4020 Galt Ocean Drive Fort Lauderdale Unit 410
View 1 bedroom Galt Ocean Mile condo recently sold Ocean Club 4020 Galt Ocean Drive #410

Ocean Club
Condo Sales – Last 6 Months

There have been just 2 x Galt Ocean Mile condos sold here in Ocean Club over the last 6 months – This is the same number of sales as in our last post!

The market analysis report for these units is presented below

BEDS / BATHS LA SP$
Min 1 / 1 1,166 $333,000
Max 2 / 2 1,514 $458,000
Median 1 / 1 1,340 $395,500

We can see from this report that the median price for a unit sold in Ocean Club has been $395,500 this being for a 1 bedroom 1 bathroom unit of 1340 square feet.

Sales Price to
Square Foot Price

An important factor in looking a sales of Fort Lauderdale condos here in Ocean Club is the sales price to square foot price paid for condos.

Our market summary report for sales over the last 6 months is presented below.

SP$/SqFt
Min $286.00
Max $303.00
Median $294.00

We can see from this report that median price paid over the last 6 months has been $294.00 per square foot!

It is important to note that highest square foot price paid at $303.00 per square foot!

% Sales to List Price

Another important real estate indicators that is important to note is how much  buyers are paying for Ocean Club Condos 4020 Galt Ocean Drive – 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 95%
Max 96%
Median 96%

We can see from this report that the median sales price to list price for Fort Lauderdale condos here in Ocean Club  over the last 6 months has been 96%.

This means if a Fort Lauderdale condo for sale here in Ocean Club is listed at $400,000 – then based on median sales data the condo could be expected to sell for 96% of that amount or $384,000.

Days on Market

Days on market for Condos for Sale in Ocean Club is another important indicator on how strong demand is for Fort Lauderdale condos for sale in this complex.

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

DOM
Min 53
Max 193
Median 123

We can see from this report that median days on market is 123 days or just over 4 months!

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

Ocean Club
Condo Sales Itemized

Here is the sales data for Ocean Club Condos 4020 Galt Ocean Drive – based on condos sold over the last 6 months

CONDO BEDS / BATHS LA SP$
Unit 605 2 / 2 1,514 $458,000
Unit 410 1 / 1 1,166 $333,000

We can see from this report the details for each condo sold – including the most expensive sale over the last 6 months, which was for unit 605 a 2 bedroom condo which sold for $458,000

Unit 605 was a 2 bedroom 2 bathroom 1514 square foot unit and sold for $303.00 per square foot.

This condo sold for 96% if list price and had 193 days on market – just over 6 months!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Ocean Club Condos 4020 Galt Ocean Drive are units in a great complex set right on the sand here on our famous Galt Mile!

Currently we have a great range of 1 and 2 bedroom direct oceanfront condos for sale with a total of 9 units for sale!

As I outlined in my last few posts, sales have been slow – but I am optimistic that things will soon pick up!

I hope you have enjoyed reading my post on Fort Lauderdale condos for sale in Ocean Club – by Kevin Wirth Realtor.