View Galt Ocean Mile condo for sale Playa del Mar 3900 Galt Ocean Drive Fort Lauderdale

Playa Del Mar Condos

Playa Del Mar
Galt Ocean Mile Condos

Welcome to our October 2019 / November 2019 Blog on Playa Del Mar Galt Ocean Mile condos for sale Fort Lauderdale

Playa del Mar offers condos for sale that are direct oceanfront units – set right on the beachfront here on our famous Galt Ocean Mile.

Search Playa Del Mar Condos for Sale

 

At the time of writing this Blog there are 12  x Fort Lauderdale condos for sale here at Playa Del Mar Galt Ocean Mile – 3 of these being new listings!

There have been 12 condos sold here over the last 6 months and 4 units are pending sale.

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 trends in Playa del Mar – Important information for both buyers and sellers!

Playa del Mar
Galt Ocean Mile – Key Statistics
Playa Del Mar Condominium Association in Fort Lauderdale, Florida
Address: 3900 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • Prices from $349,900 – $949,000
  • Median List Price $674,000
    – 2 bedroom 2 bathroom unit

Median Sales Last 6 Months

  • Median Sales Price $493,500
    – 2 Bedroom 2 Bathroom unit
  • Sales Price to Sq Ft Price $322.00
  • Sales to List Price 96%
  • Days on Market 148 Days

Playa Del Mar
Condos for Sale

There are currently 12 x Playa del Mar Galt Ocean Mile condos for sale here in Fort Lauderdale, Florida.

It is important to note that this is down from the 18 x Playa del Mar condos for sale as in our last post for March 2019 / April 2019.

Our market analysis report for these 12 x Galt Ocean Mile condos for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 1209 $349,900
Max 3 / 2 2,140 $949,000
Avg 2 / 2 1,594 $707,908
Median 2 / 2 1,710 $674,000

This report shows us that the average price for a condo for sale here in Playa Del Mar is $707,908 – this being for a 2 bedroom 2 bathroom unit of 1594 square feet with a list price to square foot price of $426.00

We can also see that the median price for a condo for sale here in Playa Del Mar is $674,000 – this being for a 2 bedroom 2 bathroom unit of 1710 square feet with a list price to square foot price of $425.00

In our last post for March 2019 / April 2019 the median price for a condo for sale here in Playa Del Mar was much lowerat $521,300 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet with a list price to square foot price of $353.00

Also important to note is the range of prices for Playa del  Mar condos for sale – from a low of $349,900 for a 1 bedroom unit to a high of $949,000 for a 3 bedroom unit!

Playa del Mar condominium 3900 Galt Ocean Drive Fort Lauderdale
View of Playa del Mar condominium 3900 Galt Ocean Drive Fort Lauderdale

Playa del Mar Condos
Prices by Bedroom

Here are the median prices by bedroom for all the Playa del Mar Galt Ocean Mile condos currently for sale.

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1209 $349,900 $289.00
2 / 2 1,542 $642,000 $427.00
3 / 2 2,140 $895,000 $418.00

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

  • 1 Bedroom Playa del Mar condos for sale is $349,900 – this being for a 1 bedroom 1 bathroom unit of 1209 square feet with a list price to square foot price of $289.00 – In our last post the median price for 1 Bedroom unit  was the same at $349,900 – this being for a smaller 1 bedroom 1 bathroom unit of 1088 square feet with a list price to square foot price of $317.00
  • 2 Bedroom Playa del Mar condos for sale is $642,000 – this being for a 2 bedroom 2 bathroom unit of 1542 square feet with a list price to square foot price of $427.00 – In our last post the median for 2 Bedroom units was much lower at $549,000 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet with a list price to square foot price of $363.00
  • 3 Bedroom Playa del Mar condos for sale is $895,000 – this being for a 3 bedroom 2 bathroom unit of 2140 square feet with a list price to square foot price of $418.00 – In our last post the median for 2 Bedroom units was much higher at $1,094,250 – this being for a 3 bedroom 2 bathroom unit of 2132 square feet with a list price to square foot price of $466.00
View Galt Ocean Mile condo just listed for sale Playa del Mar 3900 Galt Ocean Drive Fort Lauderdale Unit 917
View Galt Ocean Mile condo just listed for sale Playa del Mar 3900 Galt Ocean Drive Unit 917

Playa Del Mar Condos
New Listings

There have been 3 new listings of Playa del Mar Galt Ocean Mile condos for sale in the last 30 days – In our last post there were 4 new listings – a mix of 1, 2 & 3 Bedroom Units.

Our Market Analysis report for these 3 new listings is presented below:

BEDS / BATHS LA LP$
Unit 1001 3 / 2 2,140 $920,000
Unit 917 3 / 2 2,140 $895,000
Unit 1511 2 / 2 1,771 $759,000

We can see from this report that:

Unit 1001 a 3 bedroom Playa del Mar condo has just been listed for sale for $920,000this 3 bedroom 2 bathroom 2140 square foot unit has a list price to square foot price of $430.00

Condo Unit 1001 is a Stunning, corner unit with direct South East views and a wrap around balcony!

This Galt Ocean Mile condo for sale features: impact windows and doors, over sized living space, upgraded kitchen with stainless steel appliances and granite counter tops, spacious bedrooms, large master bath, walk in closets, washer/dryer in unit

Unit 917 a 3 bedroom condo has just been listed for sale for $895,000this 3 bedroom 2 bathroom 2140 square foot unit has a list price to square foot price of $418.00

Condo Unit 917 is a hard to come by ocean front North East corner with wrap around glass balcony to enjoy the ocean breezes.

This Galt Ocean Mile condo for sale offers a spacious floor plan and a gourmet kitchen which opens into the dining room.  This unit is a 3 bedroom – with the 3rd bedroom currently being a convertible den that extends into living room!

Unit 1511 a 2 bedroom condo has just been listed for sale for $759,000this 2 bedroom 2 bathroom 1771 square foot unit has a list price to square foot price of $321.00

Condo Unit 1511 features is a stunning North Side corner unit that boasts both spectacular direct ocean views and intercoastal waterway views!

This Galt Ocean Mile condo for sale this is a must see!  The unit is  beautifully updated and contemporary with an open kitchen design with high end Corian counter tops and appliances that are like new!   The unit features a huge corner balcony and it has a washer / dryer!


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth P.A. – Realtor
Galt Ocean Mile Specialist
kevinsellsmore@gmail.com
954-459-0337

Click here to email me now

Search Galt Ocean Mile Condos for Sale
View Galt Ocean Mile New Listings

View Galt Ocean Mile condo pending sale Playa del Mar 3900 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condo pending sale Playa del Mar 3900 Galt Ocean Drive Unit 505

Playa Del Mar Condos
Pending Sales

There are currently 4 x Playa del Mar condos pending sale In our last post for March 2019 / April 2019 there were 2 units pending sale

Our market analysis report for these 4 units is presented below:

BEDS / BATHS LA LP$
Unit 1401 3 / 2 2,140 $949,900
Unit 505 2 / 2 1,649 $479,900
Unit 214 1 / 1 1,088 $369,000
Unit 909 1 / 1 1,209 $269,900

We can see from this report that:

Unit 1401 a 3 Bedroom Playa del Mar condo listed for sale for $949,900 is now pending salethis 3 bedroom 2 bathroom 2124 square foot unit has a list price to square foot price of $444.00

Unit 1401 is a very rarely available South East Corner condo with 2 in-garage parking spaces right next to the elevator

This Galt Ocean Mile condo has an open floor plan and the best ocean view in town. It’s like being on a cruise ship with an extra large wrap around balcony!

Unit 505 a 2 Bedroom Playa del Mar condo listed for sale for $479,900 is now pending salethis 2 bedroom 2 bathroom 1649 square foot unit has a list price to square foot price of $291.00

Unit 505 is an “amazing blank canvas” waiting for your personal touches! 

This Galt Ocean Mile condo offers endless views of the ocean and swimming pool from both bedrooms and living room and features a very large balcony, two suites, a very large living room and dining room, a laundry room and a large kitchen!

Unit 214 a 1 Bedroom Playa del Mar condo listed for sale for $369,000 is now pending salethis 1 bedroom 1 bathroom 1088 square foot unit has a list price to square foot price of $339.00

Unit 214 is a professionally remodeled condo with an open floor plan featuring the artistry and faux finishes of Ancel Lopez – Miami. 

This Galt Ocean MIle condo features: an absolute black granite kitchen and bath counters, solid Maple cabinetry with a Harlequin Diamond back-splash.  The unit has low voltage lighting, high-end fixtures and appliances. 

Unit 909 a 1 Bedroom Playa del Mar condo listed for sale for $269,900 is now pending salethis 1 bedroom 1 bathroom 1209 square foot unit has a list price to square foot price of $223.00

Unit 909 offers a very spacious floor-plan with a very large walk around patio overlooking Fort Lauderdale.

This Galt Ocean MIle condo features: a huge kitchen, partial marble flooring throughout and a washer and dryer located INSIDE of the unit.  

View Galt Ocean Mile condo recently sold Playa del Mar 3900 Galt Ocean Drive Fort Lauderdale Unit 303
View Galt Ocean Mile condo recently sold Playa del Mar 3900 Galt Ocean Drive Unit 303

Playa Del Mar
Sales Last 6 Months

There have been 12 x Playa del Mar Galt Ocean Mile condos sold over the last 6 months

It is important to note that this is well up from the 4 x Playa del Mar condos sold over the preceding 6 months as per our last post for March 2019 / April 2019!

Here is our market analysis report of Galt Ocean Mile condo sales in Playa Del Mar as at time of writing.

BEDS / BATHS LA SP$
Min 1 / 1 1,088 $310,000
Max 2 / 2 1,821 $610,000
Avg 2 / 2 1,451 $467,917
Median 2 / 2 1,435 $493,500

We can see from this report that the average price paid for a unit sold here in Playa Del Mar over the last 6 months has been $467,917 – this being for a 2 bedroom 2 bathroom unit

We can also see that the median price paid for a unit sold here in Playa Del Mar has been $493,500 – this being for a 2 bedroom 2 bathroom unit

In our last post the median price paid for a unit sold over the preceding 6 months here in Playa Del Mar was lower at $354,500 – this however being for a 1 bedroom 1 bathroom unit

View Galt Ocean Mile condominium Playa del Mar 3900 Galt Ocean Drive Fort Lauderdale Florida
View Galt Ocean Mile condominium Playa del Mar 3900 Galt Ocean Drive Fort Lauderdale

Playa del Mar Condos
Median Sales Prices

Here is our summary report showing the median sales prices by bedroom for all of the Playa del Mar Galt Ocean Mile condos sold over the last 6 months.

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 1,088 $333,000 $285.00
2 / 2 1,435 $505,000 $343.00

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

  • 1 Bedroom Playa del Mar condos sold has been $333,000 – this being for a 1 bedroom 1 bathroom unit of 1088 square feet with a sales price to square foot price of $285.00 In our last post  the median was higher at $350,000 – this being for a 1 bedroom 1 bathroom unit of 1088 square feet with a sales price to square foot price of $322.00
  • 2 Bedroom Playa del Mar condos sold has been $505,000 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet with a sales price to square foot price of $343.00.  In our last post the median for 2 Bedroom units sold over the preceding 6 months was much lower at $400,000 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet with a sales price to square foot price of $279.00.
  • There have been no 3 Bedroom Playa del Mar condos sold over the last 6 months – However in the last post when 3 bedroom units were sold – the median sales price for 3 bedroom units over the preceding 6 month period was $907,500 – this being for a 3 bedroom 2 bathroom unit of 2140 square feet with a sales price to square foot price of $424.00

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for ALL of the Fort Lauderdale Condos sold in Playa del Mar over the last 6 months.

SP$/SqFt
Min $275.00
Max $376.00
Avg $323.00
Median $322.00

We can see from this report that the median sales price to square foot price paid for a Playa del Mar Galt Ocean Mile condo sold over the last 6 months has been $322.00 per square foot – up from $317.00 in our last post!

Also important to note is the highest price paid at $376.00!

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Playa del Mar Galt Ocean Mile condos for sale – 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 87%
Max 98%
Avg 95%
Median 96%

We can see from this report that the median sales price to list price for Fort Lauderdale condos here in Playa del Mar has been 96% – up from 95% as in our last post!

This means if a Fort Lauderdale condo for sale here in Playa del Mar is listed at $550,000 – then based on median sales data the condo could be expected to sell for 96% of that amount or $528,000 based on MLS data!

Days on Market

Days on market for Playa del Mar condos for sale is an 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 30
Max 278
Avg 156
Median 148

We can see from this report that the average days on market for a Fort Lauderdale condo for Sale in Playa del Mar is 156 days

We can also see that the median days on market for a Playa del Mar condo sold over the last 6 months has been just 148 days or just under 5 months!

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

Playa del Mar
Condo Sales Itemized

Here is the data for each of the Playa del Mar Galt Ocean Mile condos sold over the last 6 months

BEDS / BATHS LA SP$
Unit 1207 2 / 2 1,771 $610,000
Unit 506 2 / 2 1,821 $551,000
Unit 1006 2 / 2 1,821 $545,000
Unit 303 2 / 2 1,435 $539,000
Unit 302 2 / 2 1,435 $505,000
Unit 1616 2 / 2 1,435 $497,000
Unit 1603 2 / 2 1,435 $490,000
Unit 1103 2 / 2 1,435 $450,000
Unit 103 2 / 2 1,435 $435,000
Unit 2114 1 / 1 1,088 $350,000
Unit 908 1 / 1 1,209 $333,000
Unit 114 1 / 1 1,088 $310,000

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 1016 a 2 bedroom condo which sold for $400,000.

This 2 bedroom 2 bathroom 1435 square foot condo had a sales price to square foot price of $279.00

Playa del Mar condo unit 1016 sold for 84% of list price and had just 12 days on market

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Playa del Mar Galt Ocean Mile condos for sale are units in a great direct oceanfront complex that is pet friendly too!

Currently there is a great range of condos for sale with 12 units on offer – including 1, 2 and several 3 bedroom units!

Sales activity has really picked up over the last 6 months with 12 units sold and 4 units pending sale!

If your looking for a direct oceanfront condo for sale in a great building here in Fort Lauderdale, I strongly recommend adding units for sale here in Playa del Mar.

I hope you have enjoyed this post on Playa Del Mar Fort Lauderdale Condos for Sale – Kevin Wirth Realtor