View from a unit in Galt Ocean Club here on Galt Ocean Mile

Ocean Club Condos Fort Lauderdale

Ocean Club Condos
Galt Ocean Mile

Search Ocean Club Condos for Sale

Ocean Club is a striking direct oceanfront condominium here on Galt Ocean Mile in Fort Lauderdale – there are currently 3 condos for sale in the complex – of which 1 is a new listing.

There have been 7 closed sale over the last 90 days and 1 condo is currently pending sale.

Important to note is that median Prices for 2 bedroom units are up $25,000 in just 6 months.

In this post we review units for sale, pricing, pending and recent sales and sales pricing and prices paid by unit / bedroom and also by Square Foot.

Galt Ocean Club condominium Ft Lauderdale

Ocean Club Condos for Sale

Currently there are 3 condos for sale here in Ocean Club here on Galt Ocean Mile.

The market analysis report for Ocean Club Condos Fort Lauderdale is presented below.

Condo/Pricing #Beds #FBaths SF/FF List Price LP$/SqFt
Unit 203 2 2 0 $329,900 $203
Unit 1505 2 2 1,571 $309,000 $197
Unit E3 1 1 1,200 $219,900 $183
Median 2 2 1,385 $309,000 $197

 

We can see from this report that the median price for Galt Ocean Mile condo for sale in Ocean Club is $309,000.

Important to note is that the median price of $309,000 is down from our July report the median was $329,900 – which was also down from our reports in both May and June.

The median price is down from our report in June when the median was $349,200.

The median price is also down from our May report – when the median was $368,500.

Also important to note is that the median prices in this and in our last three reports have been based on 2 bedroom 2 bathroom units.

View from a condo for sale here in Ocean Club Fort Lauderdale

Ocean Club
New Listings

There has been 1 new listings in Ocean Club Fort Lauderdale over the last 30 days.

Condo #Beds #FBaths SF/FF List Price LP$/SqFt
Unit1505 2 2 1,571 $309,000 $197

 

The new listing is a 2 bedroom 2 bathroom condo of 1571 square feet.  This unit is offered for sale at $309,000 with a list price to square foot price of $197.00

Ocean Club Condos Fort Lauderdale
Recent and Pending Sales

In this section of the post we look at Ocean Club’s pending sales, recent sales and sales over the last 12 months.

Ocean Club Pending Condo Sales

There is currently 1 condo pending sale here in Ocean Club. 

The market analysis report for this unit is presented below

Condo #Beds #FBaths SF/FF List Price LP$/SqFt Days on Market
Unit609 2 2 1,632 $368,500 $226 148

 

We can see from this report that the unit pending sale is also a 2 bedroom 2 bathroom unit.

This condo – unit 609 was listed for sale at $368,500 and was on the market for 148 days before going under contract.

Important to note is the list price to square foot price of $226.00 

Ocean Club Condos Fort Lauderdale
Recent Sales – Last 90 Days

There has been 7 closed sales in Ocean Club in the last 90 days.

The market analysis report for these units is presented below.

Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 2 2 1,907 $477,500 $287 99.48 202
Low 1 1 1,166 $237,500 $163 84.01 6
Average 2 2 1,660 $349,286 $211 92.66 86
Median 2 2 1,690 $325,000 $204 92.86 40

 

We can see from the report above that the average price of an Ocean Club condo sold in the last 90 days was $349,286 and the median sales price was $325,000.

It is important to note that both the average and median sales prices are based on 2 bedroom 2 bathroom units.

Ocean Club Condos Fort Lauderdale
Recent 2 Bedroom Sales – Last 90 Days

6 of the 7 closed sales in Ocean Club in the last 90 days have been for 2 bedroom units.

The market analysis report for these 2 bedroom units is presented below.

Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 2 2 1,907 $477,500 $287 99.48 202
Low 2 2 1,596 $300,000 $163 84.01 6
Average 2 2 1,742 $367,917 $212 93.16 72
Median 2 2 1,690 $350,000 $206 94.26 39

 

We can see from this report that the average price for a 2 bedroom unit has been $367,917 and the median price has been $350,000.

Important to note is the median sales price to square foot price at $206.00.

Also important to note is the median days on market at 39 days – this is the time it takes from the date the unit was listed for sale till the unit sold AND closed. 

Ocean Club Condo Sales
Sales over the Last 12 Months

There have been 15 condos sold here in Ocean Club over the last 12 months.

The market analysis report for these units is presented below

Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 2 2 1,907 $477,500 $287 99.48 562
Low 1 1 1,166 $237,500 $163 0 6
Average 2 2 1,647 $342,333 $207 85.54 121
Median 2 2 1,690 $325,000 $201 90.51 105

 

We can see from this report that the average price for a unit sold in Ocean Club has been $342,333 and the median price is $325,000

Again both the average and the median prices as set out above are based on 2 bedroom 2 bathroom units.

Important to note are the list price to square foot prices ranges as well as the median list price to square foot price at $201.00

Ocean Club Condo Sales
Sales of 2 Bedroom Units over the Last 12 Months

Of the 15 condos sold here in Ocean Club over the last 12 months – 14 sales have been for 2 bedroom units.

The market analysis report for these 2 bedroom units is presented below

Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 2 2 1,907 $477,500 $287 99.48 562
Low 2 2 1,400 $270,000 $163 0 6
Average 2 2 1,687 $349,821 $208 85.25 118
Median 2 2 1,690 $325,000 $197 91.68 97

 

We can see from this report that the average price for a 2 bedroom unit sold in Ocean Club has been $349,821 and the median price is $325,000

Important to note is that the median price for a 2 bedroom unit is up from $325,000 over the last 12 months to $350,000 over the last 6 months.

This is an increase of $25,000 is just 6 months!

I hope you have enjoyed reading my post on Ocean Club Condos
Fort Lauderdale – Kevin Wirth – Realtor.