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

Ocean Club Condos

Ocean Club Condos
4020 Galt Ocean Mile
2021 Pricing Guide

Welcome to our March 2021 / April 2021 pricing guide for Ocean Club Condos 4020 Galt Ocean Mile, Ocean Club Condos 3800 Galt Ocean Drive, Fort Lauderdale, Florida

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 just 2 condos for sale in the complex – both  of which are 2 bedroom units!

There have been 4 closed sales over the last 6 months and 4 units are currently pending sale – all of which are 2 bedroom units!

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!

  • Priced at $425,000 & $459,999 
    – 2 Bedroom 2 Bathroom Units

Median Sales Prices

  • Median Sales Price last 6 Months $354,500
    –  2 Bedroom 2 Bathroom Unit
  • Sales Price to Sq Ft Price $217.00
  • Sales to List Price 94%
  • Days on Market 153 Days
View Galt Ocean Mile condominium Ocean Club 4020 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condominium Ocean Club 4020 Galt Ocean Drive Fort Lauderdale

Ocean Club
Condos for Sale

Currently there are 2 x Ocean Club Galt Ocean Mile condos for sale – both 2 bedroom units!

This is well down from the 6 x Ocean Club Condos for sale as per our last post for December 2020 / January 2021 – all of which were 2 bedroom units too! 

The market analysis report for the 2 x Ocean Club Condos 4020 Galt Ocean Drive for sale is presented below.

BEDS / BATHS LA LP$
Min 2 / 2 1,356 $425,000
Max 2 / 2 1,690 $459,999
Median 2 / 2 1,523 $442,500

We can see from this report that the average price for a Galt Ocean Mile condo for sale here in Ocean Club is $459,999 – this being for a 2 bedroom 2 bathroom unit.

This is down from our last post when the average price for a Galt Ocean Mile condo for sale here in Ocean Club was lower at $419,300 – 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 $409,450 – this being for a 2 bedroom 2 bathroom unit.

This is also down from our last post when the median price for a condo for sale here in Ocean Club was also lower at $409,450 – this being for a 2 bedroom 2 bathroom unit.

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 currently for sale.

BEDS / BATHS LA LP$ LP$/SqFt
2 / 2 1,523 $442,500 $293.00

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

  • There are currently no 1 Bedroom Ocean Club Condos 4020 Galt Ocean Mile for sale – In the last post when 1 bedroom Ocean Club condos were for sale the median list price was $324,000 – this being for a 1 bedroom unit of 1,242 square feet with a list price to square foot price of $263.00
  • 2 Bedroom Ocean Club Condos 4020 Galt Ocean Mile for sale is units currently for sale is $442,500 – this being for a 2 bedroom 2 bathroom unit of 1523 square feet with a list price to square foot price of $293.00 – In our last post the median for 2 Bedroom Ocean Club condos for sale is units currently for sale was lower at $409,450 – this being for a 2 bedroom 2 bathroom unit of 1667 square feet with a list price to square foot price of $244.00
  • There are currently no 3 Bedroom Ocean Club Condos 4020 Galt Ocean Mile for sale – There were no 3 bedroom units for sale in our last 5 posts.
View Galt Ocean Mile condo Ocean Club 4020 Galt Ocean Drive Fort Lauderdale just listed for sale Unit 1507
View Galt Ocean Mile condo Ocean Club 4020 Galt Ocean Drive just listed for sale Unit 1507

Ocean Club
New Listings – Last 30 Days

There has been 1 new listing of a Galt Ocean Mile condos for sale here in Ocean Club 4020 Galt Ocean Drive over the last 30 days – In our last post there were no new listings

Our market analysis report for this new listing is presented below:

BEDS / BATHS LA LP$
Unit 1507 2 / 2 1,356 $425,000

We can see from this report that Unit 1507 a 2 bedroom Ocean Club 4020 Galt Ocean Drive condo has just been listed for sale for $425,000this 2 bedroom 2 bathroom 1356 square foot unit has a list price to square foot price of $313.00.

Unit 1507 offers a beautifully remodeled kitchen and ocean views with both sunrise and sunset views from the large balcony.

This Galt Ocean Mile condo for sale is a convertible two bedroom unit and features: a fully tiled living space, a newer kitchen with all new cabinetry, new appliances and a built in washer and dryer.


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 condo Ocean Club 4020 Galt Ocean Drive Fort Lauderdale pending sale PH 1808
View Galt Ocean Mile condo Ocean Club 4020 Galt Ocean Drive pending sale Penthouse 1808

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 are currently 4 x Ocean Club condos 4020 Galt Ocean Mile under contract and pending sale – There was just 1 condo pending sale in our last post – this being Unit 103 a 2 bedroom unit. 

Our market analysis report for these units is presented below:

BEDS / BATHS LA LP$
Unit 1808 2 / 2 1,907 $562,500
Unit 806 2 / 2 1,907 $529,900
Unit 601 2 / 2 1,645 $428,900
Unit 202 2 / 2 1,690 $309,900

We can see from this report that:

Unit 1808 a 2 bedroom unit listed for $562,500 is now pending salethis 2 bedroom 2 bathroom 1,907 square foot unit has a list price to square foot price of $295.00

Unit 1808 is a large ocean front penthouse, fully renovated, with panoramic ocean and city views! 

This Galt Ocean Mile condo features: high ceilings, polished tile throughout, an entertainers kitchen with butlers area. an oversized master bedroom with office/sitting area.  The units en-suite bathroom has a double shower and walk in closets and the oversized second bedroom also has walk-in closets.  There is a washer/dryer in the unit too!

Unit 806 a 2 bedroom unit listed for $529,900 is now pending salethis 2 bedroom 2 bathroom 1,907 square foot unit has a list price to square foot price of $278.00

Unit 806 offers the largest floor plan and has a remodeled kitchen and views of the ocean!

This Galt Ocean Mile condo features: an oversized owner’s suite, ceramic flooring, floor to ceiling windows, a walk-in closet and newly remodeled bathroom. The unit has a full size washer and dryer too! 

Unit 601 a 2 bedroom unit listed for $428,900 is now pending salethis 2 bedroom 2 bathroom 1,645 square foot unit has a list price to square foot price of $261.00

Unit 601 is a fully renovated and spacious beach-front condo with a wrap around balcony!

This Galt Ocean Mile condo has an updated kitchen that features White Shaker cabinets, granite counters and brand new Stainless Steel appliances.  There is a washer/dryer in unit and tons of storage space!

Unit 202 a 2 bedroom unit listed for $309,900 is now pending salethis 2 bedroom 2 bathroom 1,690 square foot unit has a list price to square foot price of $183.00

Unit 202 offers a spacious floor plan with a large wrap-around balcony with City and ocean views!

This Galt Ocean Mile condo is a Reverse Mortgage REO Property. 

View Galt Ocean Mile condo Ocean Club 4020 Galt Ocean Drive Fort Lauderdale recently sold Unit 1408
View Galt Ocean Mile condo Ocean Club 4020 Galt Ocean Drive recently sold Unit 1408

Ocean Club
Condo Sales – Last 6 Months

There have been 4 x Ocean Club condos 4020 Galt Ocean Mile sold over the last 6 months – This is down 5 sales over the preceding 6 months – as in our last post!

The market analysis report for these 4 sales is presented below:

BEDS / BATHS LA SP$
Min 2 / 2 1,596 $335,000
Max 2 / 2 1,907 $540,000
Avg 2 / 2 1,752 $396,000
Median 2 / 2 1,751 $354,500

We can see from this report that the average price for a unit sold in Ocean Club has been $396,000 this being for a 2 bedroom 2 bathroom unit of 1752 square feet – This is down from our last post!

In our last post the average price for a unit sold in Ocean Club was higher at $434,000 – this being for a 2 bedroom 2 bathroom unit of 1688 square feet

We can also see from this report that the median price for a unit sold in Ocean Club has been $354,500 this being for a 2 bedroom 2 bathroom unit of 1751 square feet

In our last post the median price for a unit sold in Ocean Club over the preceding 6 months was also higher at $415,000 – this being for a 2 bedroom 2 bathroom unit of 1596 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 $184.00
Max $283.00
Avg $225.00
Median $217.00

We can see from this report that median price paid over the last 6 months has been $217.00 per square foot – this is down from $260.00 as in our last 2 posts!

It is also important to note that highest square foot price paid at $283.00 – down from $367.00 per square foot as in our last post!

% 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 92%
Max 96%
Avg 94%
Median 94%

We can see from this report that BOTH the average and median sales price to list price for Fort Lauderdale condos here in Ocean Club  over the last 6 months has been 94%

This is down from our last post when the median sales price to list price was 96%!

This means if a Fort Lauderdale condo for sale here in Ocean Club is listed at $500,000 – then based on median sales data the condo could be expected to sell for 94% of that amount or $470,000.

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 87
Max 366
Avg 190
Median 153

We can see from this report that median days on market is 153 days or just on 5 months!

Note: this is up from 131 days as in our last post and from 89 days as in our prior post!

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

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

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

BEDS / BATHS LA SP$
Unit 1408 2 / 2 1,907 $540,000
Unit 304 2 / 2 1,596 $359,000
Unit 308 2 / 2 1,907 $350,000
Unit 603 2 / 2 1,596 $335,000

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 1408 a 2 bedroom condo which sold for $540,000

Unit 1408 was a 2 bedroom 2 bathroom 1907 square foot unit and sold for $283.00 per square foot.

This condo sold for 96% if list price and had 145 days on market!

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 just 2 x 2 bedroom condos for sale!

Buyer activity has picked up here on Galt Ocean Mile and I am pleased to report that we have had 4 units sold in Ocean Club over the last 6 months – and 4 units are now pending sale!

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