The Ocean Riviera – Galt Ocean Mile
November / December 2014 Blog
Search Ocean Riviera Condos Fort Lauderdale
The Riviera condominium is a direct oceanfront condo set right on the beach here in Galt Ocean Mile.
There are 6 condos currently for sale in this complex – 2 units are new listings.
There has been 2 sales in the last 90 days and 6 sales in the last 12 months. 1 unit is currently under contract and is pending sale.
In this report we review units for sale, pricing, new listings as well as recent sales, sales prices and prices per Square Foot.
Ocean Riviera Fort Lauderdale
Market Analysis Report
The following market report is for the 6 condo units for sale in the Ocean Riviera Fort Lauderdale.
| Pricing | #Beds | #FBaths | SF/FF | List Price | LP$/SqFt |
| High | 3 | 2 | 2,117 | $749,000 | $462 |
| Low | 1 | 1 | 1,076 | $325,000 | $229 |
| Average | 2 | 2 | 1,497 | $458,833 | $317 |
| Median | 2 | 2 | 1,575 | $372,500 | $302 |
We can see from the market report that the median price for a unit currently for sale is $372,500 – this being for a 2 bedroom 2 bathroom unit.
In our last report the median was $472,000 – this also being for a 2 bedroom 2 bathroom unit
Ocean Riviera Fort Lauderdale
New Condo Listings
There has been 2 new listings of condo for sale here in Ocean Riviera in the last 30 days.
The market analysis report for these new listings is presented below.
| Condo | #Beds | #FBaths | SF/FF | List Price | LP$/SqFt |
| Unit210 | 2 | 2 | 0 | $385,000 | $0 |
| Unit409 | 1 | 1 | 1,076 | $325,000 | $302 |
We can see from this report the data for both new listings:
- Unit 210 a 2 bedroom 2 bathroom unit has been offered for sale at $385,000.
- Unit 409 a 1 bedroom 1 bathroom unit has been offered for sale at $325,000.
Buying / Selling?
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Kevin Wirth – Realtor
954-459-0337
Search Galt Ocean Mile Condos for Sale
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Ocean Riviera Fort Lauderdale
Pending Sales / Recent Sales
We review and discuss the data for sales of Ocean Riviera Condos below – including pending sales, recent sales and sales over the last 12 months below.
Ocean Riviera Fort Lauderdale
Pending Sales
There are currently 1 unit pending sale here in Ocean Riviera – the market analysis report for this unit is presented below.
| Condo | #Beds | #FBaths | SF/FF | List Price | LP$/SqFt | Days on Market |
| Unit410 | 2 | 2 | 1,575 | $425,000 | $270 | 19 |
We can see from this report that Unit 410 a 2 bedroom 2 bathroom unit listed for $425,000 – with a list price to square foot price of $270.00 is now under contract.
This unit has just 19 days on market.
Riviera Condo Unit 410 is an unapproved short sale.
Ocean Riviera Fort Lauderdale
Sales Last 90 Days
There has been 2 sales of condos in Ocean Riviera Fort Lauderdale in the last 90 days.
The market analysis report for these sales is presented below
| Condo | #Beds | #FBaths | SF/FF | Sale Price | SP$/SqFt | SP$/LP$ | Days on Market |
| Unit 402 | 2 | 2 | 1,575 | $425,000 | $270 | 94.87 | 146 |
| Unit2009 | 1 | 1 | 1,076 | $295,000 | $274 | 89.67 | 55 |
We can see from this report that:
- Condo 402 a 2 bedroom 2 bathroom unit sold for $425,000 – This 1575 square foot unit sold with a sales price square foot price of $270.00.
- Condo 2009 a 1 bedroom 1 bathroom unit sold for $295,000 – This 1076 square foot unit sold with a sales price square foot price of $274.00.
Our Notes on these Units
Riviera Condo Unit 402 – Updated condo w/ great Ocean views located in one of the best buildings on Galt Ocean Mile.
This 2 bedroom, 2 bath condo is located 1 from the SE corner providing the moist Fantastic Ocean views from both Bedrooms and the Living area.
The Kitchen has been opened & updated with new Cabinetry, Granite, Stainless Steel Appliances and Washer in the unit. The unit has hurricane windows and doors. Note: the balcony faces Southeast
Riviera Condo Unit 2009 – THIS IS IT! This condo has two tandem garage parking spaces.
The unit has been tastefully decorated and is a “rarely available” furnished penthouse level oceanfront 1 bedroom / 1.5 bathroom condo in one of the finest buildings on the Galt Ocean Mile.
The unit has lots of closets and room for a washer/dryer.
The condo offers panoramic ocean to Intracoastal views.
Ocean Riviera Fort Lauderdale
Sales Last 12 Months
There have been 6 sales of condo here in Ocean Riviera in the last 12 months.
The market analysis report for these sales is presented below.
| Pricing | #Beds | #FBaths | SF/FF | Sale Price | SP$/SqFt | SP$/LP$ | Days on Market |
| High | 3 | 2 | 2,117 | $600,000 | $293 | 98.75 | 313 |
| Low | 1 | 1 | 1,076 | $295,000 | $229 | 87.08 | 55 |
| Median | 2 | 2 | 1,325 | $337,500 | $279 | 92.55 | 190 |
We can see from this report that the median sales price is $337,500 – the same as in our last report in October / November 2014
Both the average and median prices in this and our last report are / were based on 2 bedroom units.
Ocean Riviera Condos Sales
1 Bedroom Units
There have been 3 sales of 1 bedroom units here in Ocean Riviera over the last 12 months.
The market analysis report for these units is presented below.
| Pricing | #Beds | #FBaths | SF/FF | Sale Price | SP$/SqFt | SP$/LP$ | Days on Market |
| High | 1 | 1 | 1,076 | $315,000 | $293 | 98.75 | 313 |
| Low | 1 | 1 | 1,076 | $295,000 | $274 | 89.67 | 55 |
| Median | 1 | 1 | 1,076 | $315,000 | $293 | 96.92 | 156 |
We can see from this report that the median price for a 1 bedroom unit sold over the 12 months has been $315,000.
Note the highest price paid per square foot for a 1 bedroom unit at $293.00
Ocean Riviera Condos Sales
2 Bedroom Units
There have been 2 sales of 2 bedroom units here in Ocean Riviera over the last 12 months.
The market analysis report for these units is presented below.
| Pricing | #Beds | #FBaths | SF/FF | Sale Price | SP$/SqFt | SP$/LP$ | Days on Market |
| High | 1 | 1 | 1,076 | $315,000 | $293 | 98.75 | 313 |
| Low | 1 | 1 | 1,076 | $295,000 | $274 | 89.67 | 55 |
| Median | 1 | 1 | 1,076 | $315,000 | $293 | 96.92 | 156 |
We can see from this report that the median price for a 2 bedroom unit sold over the 12 months has been $315,000 – which is well down from $360,000 in our last report!
Note the highest price paid per square foot for a 2 bedroom unit at $293.00
Ocean Riviera Condos Sales
3 Bedroom Units
There have been just one sale of a 3 bedroom units here in Ocean Riviera over the last 12 months.
The market analysis report for this unit is presented below.
| #Beds | #FBaths | SF/FF | Sale Price | SP$/SqFt | SP$/LP$ | Days on Market |
| 3 | 2 | 2,117 | $600,000 | $283 | 87.08 | 308 |
We can see from this report that the 3 bedroom unit sold for $600,000 – which was 87.08% of its list price.
Note the sales price to square foot price at $283.00
I hope you have enjoyed my Post on Riviera Condos Fort Lauderdale – by Kevin Wirth Realtor