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 November 2019 / December 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.

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There are currently 13 x Plaza East Galt Ocean Mile condos for sale – 2 of which are new listings

There have been 6 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 $449,000 – $855,000
  • Median List Price $579,900
    – 2 Bedroom 2 Bathroom Unit


Median Sales Prices

  • Sales Price last 6 Months $512,500
    – 2 Bedroom 2 Bathroom Unit
  • Sales Price to Sq Foot Price $384.00
  • Median Sales to List Price 94%
  • Days on Market 226 Days

Plaza East
Condos for Sale

There are currently 13 x Plaza East Galt Ocean Mile condos for sale here in Fort Lauderdale Florida – up from our last post!

In our last post on Plaza East Galt Ocean Mile condos for sale for July 2019 / August 2019  there were 11 condos for sale.

Our market analysis for the 13 x Plaza East condos for sale is presented below.

BEDS / BATHS LA LP$
Min 2 / 1 1,320 $449,000
Max 3 / 3 2,100 $855,000
Avg 2 / 2 1,613 $605,331
Median 2 / 2 1,450 $579,900

We can see from this report that the average price of a Galt Ocean Mile condo for sale here in Plaza East is $605,331 – 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 $579,900 – this being for a 2 bedroom 2 bathroom condo

It is important to note that the median price is up from our last 3 posts!

In our last post for the median price of a Galt Ocean Mile condo for sale here in Plaza East was lower at $570,000 – this 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 $555,000 $356.00
3 / 3 2,030 $799,000 $394.00

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 $555,000 – this being based on a 2 bedroom 2 bathroom unit of 1450 square feet with a list price to square foot price of $356.00 – In our last post the median for 2 Bedroom condo units for sale was higher at $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
  • 3 Bedroom condo unit for sale is $799,000 – this being based on a 3 bedroom 2 bathroom unit of 2030 square feet with a list price to square foot price of $394.00 – In our last post the median for 3 Bedroom condo units for sale was lower at $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
View Galt Ocean Mile condo just listed for sale Plaza East 4300 N Ocean Blvd Fort Lauderdale - Unit 8C
View Galt Ocean Mile condo just listed for sale Plaza East 4300 N Ocean Blvd – Unit 8C

Plaza East Condos
New Listings

There has been 2 new listing of a Plaza East Galt Ocean Mile condos for sale over the last 30 days – In our last post there was just 1 new listings over the prior 30 days – Unit 4C a 2 bedroom unit.

Or market report for these 2 new listings is presented below:

BEDS / BATHS LA LP$
Unit 12H 3 / 3 2,030 $645,000
Unit 8C 2 / 2 1,450 $579,900

We can see from this report that:

Unit 12H a 3 bedroom Plaza East condo has just been listed for sale for $645,000this 2 bedroom 2 bathroom 1600 square foot unit has a list price to square foot price of $318.00

Unit 12H is a rarely available 3 bedroom condo and offers gorgeous East West and North exposures.  Watch the sunrise and the sunset and enjoy ocean and city views from this corner unit with floor to celling windows.

This Galt Ocean Mile condo for sale features: a semi private elevator that leads to a pristine foyer, a gorgeous wrap around balcony glass balcony and a laundry room.

Unit 8C a 2 bedroom Plaza East condo has just been listed for sale for $579,900this 2 bedroom 2 bathroom 1450 square foot unit has a list price to square foot price of $400.00

Unit 8C is a direct ocean spacious 2 bedroom condo with water views from every main room!

This Galt Ocean Mile condo for sale features: a remodeled kitchen with tons of closets, a semi private elevator and a new glass balcony. 


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

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

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View Galt Ocean Mile condo pending sale Plaza East 4300 N Ocean Blvd Fort Lauderdale
Galt Ocean Mile condo pending sale Plaza East 4300 N Ocean Blvd Fort Lauderdale – Unit 7J

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 was ALSO just 1 unit under contract and pending sale – this was Unit 2D a 2 bedroom condo.

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

BEDS / BATHS LA LP$
Unit 7J 2 / 2 1,493 $599,000

We can see from this report that Unit 7J a 2 bedroom condo listed for sale for $599,000 is now pending sale – this 2 bedroom 2 bathroom 1493 square foot unit has a list price to square foot price of $401.00

Unit 7J offers wide South ocean views from living room-dining room and kitchen and ocean views North from both bedrooms!

This Galt Ocean Mile condo for sale has just completed a fabulous high end renovation and features a “stunning” kitchen that is open to living area. 

The unit has Bosch appliances, 32×32 Spanish porcelain tile flooring through-out, LED lighting, Kohler fixtures and electronic shades in the Master bedroom, guest bedroom and living room.  The unit had all new impact windows and doors throughout in 2018.

View Galt Ocean Mile condo recently sold Plaza East 4300 N Ocean Blvd Fort Lauderdale Unit 10K
Galt Ocean Mile condo recently sold Plaza East 4300 N Ocean Blvd Fort Lauderdale Unit 10K

Recent Sales – Last 6 Months

There have been 6 sales of Galt Ocean Mile condos here in Plaza East over the last 6 months – all of which have been for 2 bedroom units!

It is also important to note that there were 6 sales over the preceding 6 months as in our last post for July 2019 / August 2019

The market summary report for these 6 sales is presented below.

BEDS / BATHS LA SP$
Min 2 / 2 1,320 $472,000
Max 2 / 3 1,450 $560,000
Avg 2 / 2 1,385 $510,333
Median 2 / 2 1,385 $512,500

We can see from this report that the average sales price for a Plaza East condo sold over the last 6 months has  been $510,333 – this being for a 2 bedroom 2 bathroom unit of 1385 square feet!

We can also see that the median sales price for a Plaza East condo sold over the last 6 months has  been $512,500this being for a 2 bedroom 2 bathroom unit of 1385 square feet – the median is down from our last 2 posts!

In our last post the median sales price for a Plaza East condo sold over the preceding 6 months was higher at $572,500 – this being for a 2 bedroom 2 bathroom unit of 1740 square feet

In our prior post the median sales price for a Plaza East condo sold over the preceding 6 months was 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 1,385 $512,500 $384.00

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 $512,500 – this being based on a 2 bedroom 2 bathroom unit of 1385 square feet with a sales price to square foot price of $384.00 – In our last post the median for 2 bedroom condo units sold was lower at $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
  • There have been no 3 Bedroom Plaza East condos sold over the last 6 months (based on MLS data) In the last post when 3 bedroom units were sold the median for 3 bedroom condo units sold was $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

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 $424.00
Avg $379.00
Median $384.00

We can see from this report that the median sales price to square foot price paid for a Plaza East condo sold over the last 6 months has been $384.00 per square foot

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

Also important to note is the highest price paid at $424.00

% 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 97%
Avg 92%
Median 94%

We can see from this report that the median sales price to list price for Fort Lauderdale condo here in Plaza East  has been 94% – down from our last 2 posts!

In our last 2 posts the median sales price to list price was 95%!

This means if a Fort Lauderdale condo for sale here in Plaza East is listed at $550,000 – then based on median sales data the condo could be expected to sell for 94% of that amount or $517,000 – 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 1
Max 572
Avg 236
Median 226

We can see from this report that the median days on market for a Fort Lauderdale condo for Sale in Plaza East has been 226 days or just on 7.5 months!

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 18F 2 / 2 1,320 $560,000
Unit 17F 2 / 2 1,320 $530,000
Unit 10K 2 / 2 1,450 $530,000
Unit 19B 2 / 3 1450 $495,000
Unit 2D 2 / 2 1450 $475,000
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 18F a 2 bedroom condo which sold for $560,000

Unit 18F was a 2 bedroom 2 bathroom 1320 square foot unit and it sold for $424.00 per square foot.

Unit 18F sold for 97% of its list price and had 313 days on market or just over 10 months!

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 really good range of condos for sale here in Plaza East with 13 units for sale!

Buyer interest and activity here in Plaza East is really picking up as we move into our “Sales Season” 

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