View Galt Ocean Mile condo for sale Plaza East 4300 N Ocean Blvd Fort Lauderdale

Plaza East Condos

Plaza East Galt Ocean Mile
Condos for Sale

Welcome to our July 2019 / August 2019 post on Plaza East Galt Ocean Mile condos for sale Fort Lauderdale.

Fort Lauderdale condos for sale here in Plaza East are “direct” oceanfront units set right on the beach.  

Plaza East has 266 condos set right on the sand/beachfront here in Galt Ocean Mile.  The complex itself is actually located on Ocean Blvd and sits at the very North End of all of the Galt Ocean Mile Condominiums.

Search Plaza East Condos for Sale 

 

There are currently 11 x Plaza East Galt Ocean Mile condos for sale – 1 of which is a new listing

There have been 5 sales over the last 6 months and 1 unit is currently 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 Plaza East – Important information for both buyers and sellers!

Plaza East
Galt Ocean Mile – Key Statistics 

Plaza East Condo Association
Address: 4300 N Ocean Blvd, Fort Lauderdale, FL 33308

  • Prices from $449,999 – $775,000
  • Median List Price $570,000
    – 2 Bedroom 2 Bathroom Unit


Median Sales Prices

  • Sales Price last 6 Months $572,500
    – 2 Bedroom 2 Bathroom Unit
  • Sales Price to Sq Foot Price $351.00
  • Median Sales to List Price 95%
  • Days on Market 76 Days

Plaza East
Condos for Sale

There are currently 11 x Plaza East Galt Ocean Mile condos for sale here in Fort Lauderdale Florida – down from our last post!

In our last post on Plaza East Galt Ocean Mile condos for sale for March 2019 / April 2019  there were 13 condos for sale.

Our market analysis for the 11 x Plaza East condos for sale is presented below.

BEDS / BATHS LA LP$
Min 2 / 2 1,320 $449,999
Max 3 / 2 2,030 $775,000
Avg 2 / 2 1,468 $572,045
Median 2 / 2 1,450 $570,000

We can see from this report that the average price of a Galt Ocean Mile condo for sale here in Plaza East is $572,045 – this being for a 2 bedroom 2 bathroom condo

We can also see from this report that the median price of a Galt Ocean Mile condo for sale here in Plaza East is $570,000 – this being for a 2 bedroom 2 bathroom condoup from our last 2 posts!

In our last post for the median price of a Galt Ocean Mile condo for sale here in Plaza East was ever so slightly lower at $569,999 – this also being for a 2 bedroom 2 bathroom condo

In our prior post for the median price of a Galt Ocean Mile condo for sale here in Plaza East was lower at $550,000 – this also being for a 2 bedroom 2 bathroom condo

View Galt Ocean Mile condominium Plaza East 4300 N Ocean Blvd Fort Lauderdale
View Galt Ocean Mile condominium Plaza East 4300 N Ocean Blvd Fort Lauderdale

Plaza East Condos
Prices by Bedroom

Here is the market analysis report for Plaza East condos for sale showing median prices by Bedroom

BEDS / BATHS LA LP$ LP$/SqFt
2 / 2 1,450 $559,500 $373.00
3 / 2 2,030 $775,000 $382.00

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

  • There have been no 1 Bedroom Plaza East condos sold over the last 6 months In the last post when 1 bedroom units had been sold the median for 1 Bedroom Plaza East condos for sale was $450,000 – this being for a 1 bedroom 1 bathroom unit of 1500 square feet with a square foot price of $300.00
  • 2 Bedroom condo units for sale is $559,500 – this being based on a 2 bedroom 2 bathroom unit of 1450 square feet with a list price to square foot price of $373.00 – In our last post the median for 2 Bedroom condo units for sale was lower at $525,000 – this being based on a 2 bedroom 2 bathroom unit of 1450 square feet with a list price to square foot price of $378.00
  • 3 Bedroom condo unit for sale is $775,000 – this being based on a 3 bedroom 2 bathroom unit of 2030 square feet with a list price to square foot price of $382.00 – In our last post the median for 3 Bedroom condo units for sale was higher at $874,500 – this being based on a 3 bedroom 2 bathroom unit of 2065 square feet with a list price to square foot price of $424.00
View 2 bedroom Galt Ocean Mile condo for sale Plaza East 4300 N Ocean Blvd Fort Lauderdale
View Galt Ocean Mile condo Plaza East 4300 N Ocean Blvd Fort Lauderdale

Plaza East Condos
New Listings

There has been just 1 new listing of a Plaza East Galt Ocean Mile condo for sale over the last 30 days – In our last post there were 4 new listings over the prior 30 days

Or market report for this new listing is presented below:

BEDS / BATHS LA LP$
Unit 4C 2 / 2 1,600 $525,000

We can see from this report that Unit 4C a 2 bedroom Plaza East condo has just been listed for sale for $525,000this 2 bedroom 2 bathroom 1600 square foot unit has a list price to square foot price of $328.00

Unit 4C offers spectacular direct ocean views.   The condo is an East / West flow through apartment providing both sunrise and sunset views!

This Galt Ocean Mile condo for sale has a huge eat-In kitchen with 5 large windows from which you view the ocean.   The unit has a very large balcony, a large dining area and living area that are open and spacious.


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth P.A. – Realtor
Galt Ocean Mile Specialist
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 Plaza East 4300 N Ocean Blvd Fort Lauderdale
View Galt Ocean Mile condo pending sale Plaza East 4300 N Ocean Blvd Fort Lauderdale

Plaza East Condos
Pending Sales

There is just 1 x Plaza East Galt Ocean Mile condos under contact and pending sale – In our last post there were 2 units under contract and pending sale!

Our market summary report for this unit pending sale is presented below:

BEDS / BATHS LA LP$
Unit 2D 2 / 2 1,450 $500,000

We can see from this report that Unit 2D a 2 bedroom condo listed for sale for $500,000 is now pending sale – this 2 bedroom 2 bathroom 1450 square foot unit has a list price to square foot price of $345.00

Unit 2D is an immaculate remodel and offers panoramic ocean views!

This Galt Ocean Mile condo for sale Porcelain tile floors (including the bedrooms and bathrooms) crown moldings and plantation shutters.

The unit has an ocean facing windowed eat in kitchen with solid wood cabinets, granite counters and stainless steel appliances.

The unit has a separate laundry room,

View Galt Ocean Mile condo recently sold Plaza East 4300 N Ocean Blvd Fort Lauderdale
View Galt Ocean Mile condo recently sold Plaza East 4300 N Ocean Blvd Fort Lauderdale

Recent Sales – Last 6 Months

There have been 5 sales of Galt Ocean Mile condos here in Plaza East over the last 6 months – this is down from 7 sales over the preceding 6 months as in our last post for March 2019 / April 2019

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

BEDS / BATHS LA SP$
Min 2 / 2 1,450 $472,000
Max 3 / 3 2,030 $770,000
Avg 2 / 2 1,740 $614,692
Median 2 / 2 1,740 $572,500

We can see from this report that the average sales price for a Plaza East condo sold over the last 6 months has  been $614,692 – this being for a 2 bedroom 2 bathroom unit of 1740 square feet!

We can also see that the median sales price for a Plaza East condo sold over the last 6 months has  been $572,500this being for a 2 bedroom 2 bathroom unit of 1740 square feet – down from our last post!

In our last post the median sales price for a Plaza East condo sold over the preceding 6 months was a little higher at $580,000 – this being for a 2 bedroom 2 bathroom unit of 1650 square feet

Plaza East Condos
Sales Prices by Bedroom

Here is the market analysis report for Plaza East Galt Ocean Mile condos sold over the last 6 months showing median sales prices by Bedroom

BEDS / BATHS LA SP$ SP$/SqFt
2 / 2 1,450 $495,000 $326.00
3 / 2 2,030 $766,979 $376.00

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

  • There have been no 1 Bedroom Plaza East condos sold over the last 6 months (based on MLS data) In the last post when 1 bedroom units were sold the median for 1 bedroom condo units sold was $415,000 – this being based on a 1 bedroom 1 bathroom unit of 1500 square feet with a sales price to square foot price of $277.00
  • 2 Bedroom Plaza East condos sold is $495,000 – this being based on a 2 bedroom 2 bathroom unit of 1450 square feet with a sales price to square foot price of $326.00 – In our last post the median for 2 bedroom condo units sold was lower at $492,500 – this being based on a 2 bedroom 2 bathroom unit of 1660 square feet with a sales price to square foot price of $287.00
  • 3 Bedroom Plaza East condos sold is $766,979 – this being based on a 3 bedroom 2 bathroom unit of 2030 square feet with a sales price to square foot price of $376.00 – In our last post the median for 3 bedroom condo units sold was lower at $740,000 – this being based on a 3 bedroom 2 bathroom unit of 2030 square feet with a sales price to square foot price of $365.00

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for Plaza East Galt Ocean Mile condos sold over the last 6 months.

SP$/SqFt
Min $326.00
Max $379.00
Avg $351.00
Median $351.00

We can see from this report that BOTH the average and median sales price to square foot price paid for a Plaza East condo sold over the last 6 months has been $338.00 per square foot

It is important to note that this is well up from $338.00 in our last post and $287.00 as in our prior post!

Also important to note is the highest price paid at $379.00

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Plaza East 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 86%
Max 99%
Avg 93%
Median 95%

We can see from this report that the median sales price to list price for Fort Lauderdale condo here in Plaza East  has been 95% – the median was 95% in our last 2 posts!

This means if a Fort Lauderdale condo for sale here in Plaza East is listed at $650,000 – then based on median sales data the condo could be expected to sell for 95% of that amount or $617,500 – based on MLS Data!

Days on Market

Days on market for Plaza East Galt Ocean Mile condos for sale is an important indicator on how strong demand is for 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 12
Max 240
Avg 110
Median 76

We can see from this report that the median days on market for a Fort Lauderdale condo for Sale in Plaza East has been 76 days or just under 11 weeks

It is important to note that the median days on marker is well down from 168 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.

Beach views Plaza East 4300 N Ocean Blvd Fort Lauderdale
Look at these great beach views from Plaza East 4300 N Ocean Blvd Fort Lauderdale

Plaza East
Condo Sales Itemized

Here is the data for each of the Plaza East Galt Ocean Mile condos sold over the last 6 months

BEDS / BATHS LA SP$
Unit 15A 3 / 2 2,030 $770,000
PH H 3 / 2 2,030 $763,958
Unit 15L 2 / 2 1,450 $572,500
Unit 19B 2 / 3 1,450 $495,000
Unit 9D 2 / 2 1,450 $472,000

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 15A a 3 bedroom condo which sold for $770,000

Unit 15A was a 3 bedroom 2 bathroom 2030 square foot units and it sold for $380.00 per square foot.

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Plaza East Galt Ocean Mile condos are units in a great direct oceanfront condominium here on the famous Galt Ocean Mile.

Currently we have a good range of condos for sale here in Plaza East with some very nice 2 and 3 bedroom units!

Buyer activity here in Plaza East is really picking up as we move into our “Sales Season” and as the balcony renovations / upgrades are almost complete!

I hope you have enjoyed reading my post on Fort Lauderdale condos for sale here in Plaza East  – Kevin Wirth Realtor-+