View Galt Ocean Mile condo Ocean Summit 4010 Galt Ocean Drive Fort Lauderdale

Ocean Summit Condos

Ocean Summit
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our May 2020 / June 2020 pricing guide for Ocean Summit Galt Ocean Mile condos for sale 4010 Galt Ocean Drive Fort Lauderdale Florida.

Fort Lauderdale condos for sale here in Ocean Summit offer direct oceanfront units set right on the Galt Ocean Mile Beachfront.

 

Search Ocean Summit Condos for Sale

 

Currently there are 6 condos for sale here in Ocean Summit – 1 of which is a new listing.

There have been 5 sales over the last 12 months – a mix of 1,2 & 3 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 both 1, 2 and 3 bedrooms units over the last 6 – 12 months!

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

Ocean Summit
Galt Ocean Mile – Key Statistics
Ocean Summit Condominium Apartments, Condominium complex in Fort Lauderdale, Florida
Address: 4010 Galt Ocean Dr, Fort Lauderdale, FL 33308

Condos for Sale

  • Prices from $309,900 – $484,900

Median Prices

  • Median List Price $342,000
     – 1 Bedroom 1 Bathroom Unit 
  • 5 Sales Last 12 Months
  • Median Sales Price $335,000
    – 2 Bedroom 2 Bathroom Unit
  • Sales Price to Sq Ft Price $309.00
  • Sales to List Price 88%
  • Days on Market 99 Days
View Galt Ocean Mile condominium Ocean Summit 4010 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condominium Ocean Summit 4010 Galt Ocean Drive Fort Lauderdale

Ocean Summit
Condos for Sale

There are 6 x Ocean Summit Galt Ocean Mile condos for sale here in Fort Lauderdale Florida 

This is the same number (6) of Ocean Summit condos for sale as in our last post for March 2020 / April 2020!

Our market analysis report for these 6 units is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 850 $309,900
Max 2 / 2 1,290 $484,900
Avg 1 / 1 998 $367,300
Median 1 / 1 905 $342,000

We can see from this report that the average price for Galt Ocean Mile condo for sale in Ocean Summit is $367,300 – this being for a 1 bedroom 1 bathroom unit!

In our last post the average price for a Galt Ocean Mile condo for sale in Ocean Summit was slightly higher at $368,133 – this being for a 1 bedroom 1 bathroom unit!

We can also see that the median price for Fort Lauderdale condo for sale in Ocean Summit is $342,000 – this being for a 1 bedroom 1 bathroom unit – The median is the same as in our last post!

Median List Prices
By Bedroom

Here is our market summary report for median list prices by bedroom for Ocean Summit Galt Ocean Mile condos for sale.

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 860 $322,500 $375.00
2 / 2 1,240 $449,950 $322.00

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

  • 1 Bedroom Ocean Summit Galt Ocean Mile condos for sale is $322,500 – this being for a 1 bedroom 1 bathroom unit of 860 square feet with a list price to square foot price of $375.00 In our last post the median price for 1 bedroom condos was slightly higher at $325,000 – this being for a 1 bedroom 1 bathroom unit of 895 square feet with a list price to square foot price of $360.00
  • 2 Bedroom Ocean Summit Galt Ocean Mile condos for sale is $449,950 – this being for a 2 bedroom 2 bathroom unit of 1240 square feet with a list price to square foot price of $322.00 – In our last post the median price for 2 bedroom condos was the same at $449,950 – this being for a 2 bedroom 2 bathroom unit of 1240 square feet with a list price to square foot price of $322.00
  • There are currently no 3 Bedroom Ocean Summit Galt Ocean Mile condos for sale However in the last post when 3 bedroom units were for sale the median price for a 3 bedroom unit was $655,000 – this being for a 3 bedroom 2 bathroom unit of 1520 square feet with a list price to square foot price of $431.00

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth P.A. – Realtor
Galt Ocean Mile Specialist
954-459-0337

Email: kevinsellsmore @gmail.com

Click here to email me now

Search Galt Ocean Mile Condos 
View Galt Ocean Mile New Listings

View Galt Ocean Mile condo Ocean Summit 4010 Galt Ocean Drive Fort Lauderdale just listed for sale Unit 308
View Galt Ocean Mile condo Ocean Summit 4010 Galt Ocean Drive just listed for sale Unit 308

Ocean Summit
New Listings

There have been 1 new listing of a Ocean Summit Galt Ocean Mile condo for sale over the last 30 days – a 1 bedroom unit!

In our last post there were 2 new listings – both of these were also 1 bedroom units!

Our market analysis report for this unit is presented below:

BEDS / BATHS LA LP$
Unit 308 1 / 1 870 $335,000

We can see from this report that Unit 308 a 1 bedroom Ocean Summit condo has just been listed for sale for $335,000 – this 1 bedroom 1 bathroom 940 square foot unit has a list price to square foot price of $356.00

Unit 308 offers amazing ocean views from its oversized balcony and has been renovated from top to bottom with the highest end materials you can buy.

This Galt Ocean Mile condo for sale features: all high end wood and tiled flooring, all impact windows and doors, all new Gallery appliances complete with wine cooler and a washer and dryer.

The unit has electrical Hunter Douglas blinds for all windows.

Ocean Summit
Pending & Recent Sales

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

Ocean Summit
Pending Sales

There are currently no condos pending sale here in Ocean Summit Galt Ocean Mile – This is the same as in our last 3 posts!

Ocean Summit
Sales Last 6 Months

There have been just 2 x Fort Lauderdale oceanfront condos sold in Ocean Summit over the last 6 months

This is down from 4 x Ocean Summit condos sold over the preceding 6 months as in our last post for January 2020 / February 2020!

The market summary report for these 2 sales is presented below.

BEDS / BATHS LA SP$
Unit 801 2 / 2 1,290 $335,000
Unit 602 2 / 2 1,100 $327,500

We can see from this report that:

Unit 801 a 2 bedroom Ocean Summit condo sold for $385,000 – this 2 bedroom 2 bathroom 1290 square foot unit had a sales price to square foot price of $260.00

Unit 602 a 2 bedroom Ocean Summit condo sold for $327,500 – this 2 bedroom 2 bathroom 1100 square foot unit had a sales price to square foot price of $298.00

Note the median:

  • Sales Price to Square Foot Price at $279.00
  • Sales Price to List Price at 88%
  • Days on Market at 61 Days
View Galt Ocean Mile condo Ocean Summit 4010 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condo Ocean Summit 4010 Galt Ocean Drive recently sold – Unit 602!

Ocean Summit
Sales Last 12 Months

There have been 5 x Fort Lauderdale oceanfront condos sold in Ocean Summit over the last 6 months

The market summary report for these 5 sales is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 1,100 $256,000
Max 3 / 2 1,520 $606,000
Avg 2 / 2 1,303 $388,300
Median 2 / 2 1,295 $335,000

We can see from this report that the median sales price over the last 12 months has been $335,000 – this being for a 2 bedroom 2 bathroom unit of 1295 square feet!

Note the median:

  • Sales Price to Square Foot Price at $309.00
  • Sales Price to List Price at 89%
  • Days on Market at 99 Days

Ocean Summit Condos
Median Sales Prices

Here is our summary report showing the median sales prices by bedroom for all of the Ocean Summit Galt Ocean Mile condos sold over the last 12 months.

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 1,100 $256,000 $233.00
2 / 2 1,290 $335,000 $298.00
3 / 2 1,520 $606,000 $398.00

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

  • 1 Bedroom Ocean Summit condos sold has been $256,000 – this being for a 1 bedroom 1 bathroom unit of 1100 square feet with a sales price to square foot price of $233.00.
  • 2 Bedroom Ocean Summit condos sold has been $335,000 – this being for a 2 bedroom 2 bathroom unit of 1290 square feet with a sales price to square foot price of $298.00.
  • 3 Bedroom Ocean Summit condos sold has been $606,000 – this being for a 3 bedroom 2 bathroom unit of 1520 square feet with a sales price to square foot price of $398.00.

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Ocean Summit Galt Ocean Mile condos for sale are units set in a great complex set right on the beach here on Galt Mile in Fort Lauderdale.

We currently have 6 units for sale – with a great range of 1 bedroom units!

Buyer activity and sales have been very slow over the last few months due to the Corona Virus!

I hope you have enjoyed my post on Fort Lauderdale Condos for Sale here in Ocean Summit

Kevin Wirth Realtor


.