Views from a Fort Lauderdale condo here in Ocean Summit on Galt Ocean Mile

Ocean Summit Condos Fort Lauderdale

Ocean Summit Condos for Sale
Galt Ocean Mile

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Ocean Summit is a wonderful Galt Ocean Mile condominium.

Currently there are 7 condos for sale  – 2 units being new listings.

1 condo is pending sale, and there have been 5 sales of condos over the last 6 months.

In this post we review units for sale, pricing, pending sales as well as recent sales and sales prices by bedroom and sq ft.

Views from Ocean Summit here in Fort Lauderdale
Views from Ocean Summit here in Fort Lauderdale

Ocean Summit Condos for Sale

The market analysis report for the 7 x Ocean Summit condos for sale is presented below.

Pricing  #Beds #FBaths SF/FF List Price LP$/SqFt
High 2 2 1,190 $445,900 $405
Low 1 1 1,100 $289,000 $302
Average 2 2 1,160 $368,100 $359
Median 2 2 1,190 $359,900 $368

 

We can see from this report that the average price for Galt Ocean Mile condo for sale in Ocean Summit  $368,100 and the median price is $359,900.

In our last report the average price was $393,667 and the median price was $417,500

For both reports the average and median prices were based on 2 bedroom 2 bathroom units.

Kevin Wirth Fort Lauderdale Realtor

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Ocean Summit
New Listings

There has been 2 new listings here in Ocean Summit Fort Lauderdale in the last 30 days.

The market analysis report for these Galt Ocean Mile condos for sale is presented below.

 Condo #Beds #FBaths SF/FF List Price LP$/SqFt
Unit312 2 2 1,190 $359,900 $302
Unit615 1 1 0 $299,900 $0

 

We can see from this report that the new listing are:

  • Unit 312 a 1190 square foot 2 bedroom 2 bathroom condo which is offered for sale at $359,900 – with a list price to square foot price of $302.00
  • Unit 615 a 1 bedroom 1 bathroom unit which is offered for sale at $299,900.
View of Ocean Summit here on Galt Ocean Mile
View of Ocean Summit here on Galt Ocean Mile

Ocean Summit Condos Fort Lauderdale
Pending & Recent Sales

Here are the reports for pending sales and sales of condo over the last 6 months.

Ocean Summit – Pending Sales

There is currently 1 condo pending sale here on Ocean Summit.

The market analysis report for this unit is presented below.

Condo  #Beds #FBaths SF/FF List Price LP$/SqFt Days on Market
Unit1412 2 2 1,190 $425,000 $357 16

 

We can see from this report that unit 1412 is pending sale.

This 2 bedroom 2 bathroom 1190 square foot unit was listed for sale for $425,000 and had just 16 days on market.

Ocean Summit Condo Unit 1412
You will love the stunning views from this completely renovated corner unit!

The condo has walls of windows that flood the apartment with light!  You will enjoy the: city, canal, intracoastal, and ocean views!

The unit is contemporary and modern and boasts a new kitchen and appliances, with granite. Both bathrooms were taken down to the studs and beautifully redone with custom tile, new tub, new plumbing fixtures, lighting, and vanities!    The condo has an in unit washer/dryer and impact windows throughout.

The building has completed hallway and clubhouse renovations and this unit comes with 1 deeded garage space.

Ocean Summit – Sales Last 6 Months

There have been 5 condos sold in Ocean Summit over the last 6 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 1,900 $570,000 $373 96.63 213
Low 2 2 1,100 $410,000 $239 94.25 5
Average 2 2 1,561 $485,000 $329 95.47 74
Median 2 2 1,622 $455,000 $351 95.67 41

 

We can see from this report that the average price for a condo sold in Ocean Summit has been $485,000 and the median price has been $455,000.

Both the average and median prices are based on 2 bedroom 2 bathroom condos of between 1561 and 1622 square feet.

Note the median sales price to square foot price at $351.00

Ocean Summit – Sales Last 6 Months
2 Bedroom Condo Units

Of the 5 condos sold here in Ocean Summit over the last 12 months – 3 sales have been for 2 bedroom units.

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

Pricing  #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 2 2 1,900 $455,000 $373 95.79 41
Low 2 2 1,100 $410,000 $239 94.25 5
Median 2 2 1,500 $420,000 $306 95.67 7

 

We can see from this report that the median price for a 2 bedroom condo sold in Ocean Summit has been $420,000 – with a sales price to square foot price of $306.00

Note: the highest price paid for a 2 bedroom condo has been $455,000 – with a sales price to square foot price of $373.00

Also important to note is the median days on market at just 7 days.

Ocean Summit – Sales Last 12 Months
3 Bedroom Condo Units

Of the 5 condos sold here in Ocean Summit over the last 12 months – 2 sales have been for 3 bedroom units.

The market analysis report for these 3 bedroom sales is presented below.

 Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 3 2 1,625 $570,000 $352 96.63 213
Low 3 2 1,620 $570,000 $351 95 108
Median 3 2 1,622 $570,000 $351 95.81 160

 

We can see from this report that the median price for a 3 bedroom condo sold in Ocean Summit has been $570,000 – with a sales price to square foot price of $351.00

Also note the highest price paid for a 3 bedroom condo has been $570,000 – with a sales price to square foot price of $352.00

Read our last post on Ocean Summit condos for sale

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