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

Playa Del Mar Condos

Playa del Mar
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our March 2020 / April 2020 pricing guide for Playa del Mar Galt Ocean Mile condos for sale 3900 Galt Ocean Drive Fort Lauderdale Florida

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

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At the time of writing this Blog there are 12  x Fort Lauderdale condos for sale here at Playa Del Mar Galt Ocean Mile – 4 of these being new listings!

There have been 10 condos sold here over the last 6 months and 2 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 $295,900 – $949,190
  • Median List Price $594,000
    – 2 bedroom 2 bathroom unit

Median Sales Last 6 Months

  • Median Sales Price $587,500
    – 2 Bedroom 2 Bathroom unit
  • Sales Price to Sq Ft Price $357.00
  • Sales to List Price 94%
  • Days on Market 112 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.

This is down from 15 x Playa del Mar condos for sale as in our last post for January 2020 / February 2020.

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

BEDS / BATHS LA LP$
Min 1 / 1 1,088 $295,900
Max 3 / 2 2,140 $949,190
Avg 2 / 2 1,498 $605,241
Median 2 / 2 1,435 $594,000

This report shows us that the average price for a condo for sale here in Playa Del Mar is $605,241 – this being for a 2 bedroom 2 bathroom unit of 1498 square feet with a list price to square foot price of $398.00

We can also see that the median price for a condo for sale here in Playa Del Mar is $594,000 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet with a list price to square foot price of $400.00

In our last post the median price for a condo for sale here in Playa Del Mar was $619,900 – this being for a 2 bedroom 2 bathroom unit of 1650 square feet with a list price to square foot price of $417.00

View Galt Ocean Mile condominium Playa del Mar 3900 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condominium Playa del Mar 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 1,088 $359,450 $366.00
2 / 2 1,435 $599,000 $403.00
3 / 2 2,140 $925,000 $432.00

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

  • 1 Bedroom Playa del Mar condos for sale is $359,450 – this being for a 1 bedroom 1 bathroom unit of 1088 square feet with a list price to square foot price of $366.00 – In our last post the median price for 1 Bedroom unit  was lower at $319,900 – this being for a 1 bedroom 1 bathroom unit of 1209 square feet with a list price to square foot price of $240.00
  • 2 Bedroom Playa del Mar condos for sale is $599,000 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet with a list price to square foot price of $403.00 – In our last post the median for 2 Bedroom units was higher at $619,000 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet with a list price to square foot price of $417.00
  • 3 Bedroom Playa del Mar condos for sale is $925,000 – this being for a 3 bedroom 2 bathroom unit of 2140 square feet with a list price to square foot price of $432.00 – In our last post the median for 2 Bedroom units was lower at $912,000 – this being for a 3 bedroom 2 bathroom unit of 2140 square feet with a list price to square foot price of $426.00
View Galt Ocean Mile condo Playa del Mar 3900 Galt Ocean Drive just listed for sale - Unit 715
View Galt Ocean Mile condo Playa del Mar 3900 Galt Ocean Drive just listed for sale – Unit 715

Playa Del Mar Condos
New Listings

There have been 4 new listings of Playa del Mar Galt Ocean Mile condos for sale in the last 30 days – In our last post there were 3 new listings.

Our Market Analysis report for these 4 new listings is presented below:

BEDS / BATHS LA LP$
Unit 107 2 / 2 1,771 $649,000
Unit 715 2 / 2 1,435 $579,000
Unit 2214 1 / 1 1,088 $369,000
Unit 708 1 / 1 1,209 $295,900

We can see from this report that:

Unit 107 a 2 bedroom Playa del Mar condo has just been listed for sale for $649,000this 2 bedroom 2 bathroom 1771 square foot unit has a list price to square foot price of $366.00

Condo Unit 107 offers spectacular direct ocean views and is a huge first-floor corner unit that gives direct access to pool, beach & sun deck from your covered patio!

This Galt Ocean Mile condo for sale has South, East and West exposure and features impact windows and doors and a modern custom kitchen. 

Unit 715 a 2 bedroom condo has just been listed for sale for $579,000this 2 bedroom 2 bathroom 1435 square foot unit has a list price to square foot price of $403.00

Condo Unit 715 is a spacious 2 bedroom 2 bath apartment with a split bedroom plan.

This Galt Ocean Mile condo for sale features: an open gourmet kitchen with top of the line appliances, Crema marble flooring throughout and designer bathrooms!

Unit 2214 a 1 bedroom condo has just been listed for sale for $369,000this 1 bedroom 1 bathroom 1088 square foot unit has a list price to square foot price of $339.00

Condo Unit 2214 is a high floor unit with panoramic views of the ocean, city and Intracoastal!

This Galt Ocean Mile condo for sale boasts brand new Travertine floors, baseboards, interior doors, toilets and washer and dryer. 

Unit 708 a 1 bedroom condo has just been listed for sale for $295,900this 1 bedroom 1 bathroom 1209 square foot unit has a list price to square foot price of $245.00

Condo Unit 708 is a very spacious corner unit with Intracoastal views and exceptional sunsets!

This Galt Ocean Mile condo for sale is a short-sale! 


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

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View Galt Ocean Mile New Listings

View Galt Ocean Mile condo Playa del Mar 3900 Galt Ocean Drive Fort Lauderdale pending sale Unit 2105A
View Galt Ocean Mile condo Playa del Mar 3900 Galt Ocean Drive pending sale Unit 2105A

Playa Del Mar Condos
Pending Sales

There are currently 2 x Playa del Mar condos pending sale In our last post there were no units pending sale

Our market analysis report for these 2 units is presented below:

BEDS / BATHS LA LP$
Unit 2105A 1 / 1 1,153 $434,900
Unit 709 1 / 1 1,209 $274,900

We can see from this report that:

Unit 2105A a 1 bedroom condo listed for sale for $434,900 is now pending salethis 1 bedroom 1 bathroom 1153 square foot unit has a list price to square foot price of $377.00

Condo Unit 2105A is a unique corner unit with fantastic views of ocean and city and Intracoastal!

This Galt Ocean Mile condo for sale features hurricane impact windows and door, tile floors and top of the line appliances. 

Unit 709 a 1 bedroom condo listed for sale for $274,900 is now pending salethis 1 bedroom 1 bathroom 1209 square foot unit has a list price to square foot price of $227.00

Condo Unit 709 offers “phenomenal” Intercoastal and city views and exceptional sunsets.

This Galt Ocean Mile condo for sale features: a newer A/C and hot water tank, a re-glazed bath tub, walk-in closet and in unit washer and dryer.

View Galt Ocean Mile condo Playa del Mar 3900 Galt Ocean Drive Fort Lauderdale recently sold Unit 401
View Galt Ocean Mile condo Playa del Mar 3900 Galt Ocean Drive recently sold Unit 401

Playa Del Mar
Sales Last 6 Months

There have been 10 x Playa del Mar Galt Ocean Mile condos sold over the last 6 months

This is up slightly from the 9 x Playa del Mar condos sold over the preceding 6 months as per our last post for January 2020 / February 2020!

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 $250,000
Max 3 / 2 2,140 $912,500
Avg 2 / 2 1,678 $593,850
Median 2 / 2 1,710 $587,500

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 $593,850 – 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 $587,500 – this being for a 2 bedroom 2 bathroom unit

It is important to note that in our last post the median price paid for a unit sold over the preceding 6 months here in Playa Del Mar was much lower at $450,000 – this being for a 2 bedroom 2 bathroom unit

View Playa del Mar Galt Ocean Mile condo recently sold 3900 Galt Ocean Drive Fort Lauderdale Unit 505
View Playa del Mar Galt Ocean Mile condo recently sold 3900 Galt Ocean Drive # 505

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 1,148 $295,000 $260.00
2 / 2 1,649 $565,000 $369.00
3 / 2 2,140 $800,000 $372.00

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

  • 1 Bedroom Playa del Mar condos sold has been $295,000 – this being for a 1 bedroom 1 bathroom unit of 1148 square feet with a sales price to square foot price of $260.00 In our last post  the median was higher at $340,000 – this being for a 1 bedroom 1 bathroom unit of 1088 square feet with a sales price to square foot price of $313.00
  • 2 Bedroom Playa del Mar condos sold has been $565,000 – this being for a 2 bedroom 2 bathroom unit of 1649 square feet with a sales price to square foot price of $369.00.  In our last post the median for 2 Bedroom units sold over the preceding 6 months was lower at $497,500 – this being for a 2 bedroom 2 bathroom unit of 1710 square feet with a sales price to square foot price of $306.00.
  • 3 Bedroom Playa del Mar condos sold has been $800,000 – this being for a 2 bedroom 2 bathroom unit of 2140 square feet with a sales price to square foot price of $372.00. – In our last post the median sales price for 3 bedroom units over the preceding 6 months was higher at $851,250 – this being for a 2 bedroom 2 bathroom unit of 2140 square feet with a sales price to square foot price of $369.00

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 $207.00
Max $417.00
Avg $336.00
Median $357.00

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 $357.00 per square foot – up from $313.00 as in our last post!

Also important to note is the highest price paid at $417.00!

% 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 89%
Max 99%
Avg 94%
Median 94%

We can see from this report that BOTH the average and median sales price to list price for Fort Lauderdale condos here in Playa del Mar has been 94% – this is up from the median of 93% in our last post!

This means if a Fort Lauderdale condo for sale here in Playa del Mar is listed at $650,000 – then based on median sales data the condo could be expected to sell for 94% of that amount or $611,000 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 8
Max 348
Avg 122
Median 112

We can also see that BOTH the average and median days on market for a Playa del Mar condo sold over the last 6 months has been 112 days – down from 147 days as in our last post 

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 1401 3 / 2 2,140 $912,500
Unit 1001 3 / 2 2,140 $800,000
Unit 401 3 / 2 2,140 $790,000
Unit 1511 2 / 2 1,771 $739,000
Unit 1611 2 / 2 1,771 $610,000
Unit 316 2 / 2 1,435 $565,000
Unit 2303 2 / 2 1,435 $485,000
Unit 505 2 / 2 1,649 $447,000
Unit 214 1 / 1 1,088 $340,000
Unit 909 1 / 1 1,209 $250,000

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 1401 a 3 bedroom condo which sold for $912,500.

This 2 bedroom 2 bathroom 2140 square foot condo had a sales price to square foot price of $426.00

Playa del Mar condo unit 1401 sold for 96% of list price and had 169 days on market or just under 6 months!

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 been strong over the last 6 months with 10 units sold and 2 units now 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