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

Plaza East Condos

Plaza East
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our January 2020 / February 2020 pricing guide for Plaza East Galt Ocean Mile condos for sale 4300 N Ocean Blvd Fort Lauderdale Florida.

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 15 x Plaza East Galt Ocean Mile condos for sale – 3 of which are new listings

There have been 6 sales over the last 6 months

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 $414,900 – $925,000
  • Median List Price $579,900
    – 2 Bedroom 2 Bathroom Unit


Median Sales Prices

  • Sales Price last 6 Months $545,000
    – 2 Bedroom 2 Bathroom Unit
  • Sales Price to Sq Foot Price $402.00
  • Median Sales to List Price 94%
  • Days on Market 146 Days

Plaza East
Condos for Sale

There are currently 15 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 November 2019 / December 2019  there were 13 condos for sale.

Our market analysis for the 15 x Plaza East condos for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 1,320 $414,900
Max 3 / 3 2,030 $925,000
Avg 2 / 2 1,624 $611,441
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 $611,441 – 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 – The median price is the same as in our last post!

In our prior 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 Plaza East condominium Galt Ocean Mile 4300 N Ocean Blvd Fort Lauderdale
View Plaza East condominium Galt Ocean Mile 4300 N Ocean Blvd Fort Lauderdale, Florida.

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
1 / 1 1,320 $414,900 $314.00
2 / 2 1,450 $555,000 $367.00
3 / 2 2,030 $799,000 $394.00

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

  • 1 Bedroom condo units for sale is $414,900 – this being based on a 1 bedroom 1 bathroom unit of 1320 square feet with a list price to square foot price of $314.00 – There had been no 1 Bedroom Plaza East condos sold over the preceding 6 months as in our last post. 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 $367.00 – In our last post the median for 2 Bedroom condo units for sale was the same at $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
  • 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 the same at $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
View Plaza East condo Galt Ocean Mile just listed for sale 4300 N Ocean Blvd Fort Lauderdale Unit 11M
Plaza East condo Galt Ocean Mile just listed for sale 4300 N Ocean Blvd Fort Lauderdale #11M

Plaza East Condos
New Listings

There has been 3 new listing of a Plaza East Galt Ocean Mile condos for sale over the last 30 days – In our last post there were 2 new listings over the preceding 30 days!

Or market report for these 3 new listings is presented below:

BEDS / BATHS LA LP$
Unit 4A 3 / 2 2,030 $925,000
Unit 19H 3 / 3 2,030 $799,000
Unit 11M 2 / 2 1,450 $625,000

We can see from this report that:

Unit 4A a 3 bedroom Plaza East condo has just been listed for sale for $925,000this 3 bedroom 2 bathroom 2030 square foot unit has a list price to square foot price of $456.00

Unit 4A is a South East corner oceanfront condo with wrap around balcony.   The condo offers unobstructed ocean and city views from every window.

This Galt Ocean Mile condo for sale features: Hurricane Impact ceiling to floor windows and sliding doors, marble flooring throughout and sleek upgraded kitchen with cooking island with premium granite counters and high-end appliances. All closets are custom built out. 

Unit 19H a 3 bedroom Plaza East condo has just been listed for sale for $799,000this 3 bedroom 3 bathroom 2030 square foot unit has a list price to square foot price of $394.00

Unit 19H is a renovated beachfront unit with a wraparound balcony.  The unit has East direct ocean views north to the lighthouse and then beach coastline views to the West.

This Galt Ocean Mile condo for sale is a rare find and features: porcelain floors throughout, granite counters, wood cabinets and a separate laundry room in the unit.

Unit 11M a 2 bedroom Plaza East condo has just been listed for sale for $625,000this 2 bedroom 2 bathroom 1450 square foot unit has a list price to square foot price of $431.00

Unit 11M is a gorgeous, updated South East condo with North-East ocean views!

This Galt Ocean Mile condo for sale features: a semi private elevator, double doors entry that opens to a foyer, wall to ceiling windows throughout and a large eat-in kitchen.  The unit has a state of the art washer and dryer.


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 New Listings

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

Plaza East Condos
Pending Sales

There are currently no Plaza East Galt Ocean Mile condos under contact and pending sale – In our last 2 posts there was just 1 unit under contract and pending sale.

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!

There were 6 sales over the preceding 6 months as in our last post for November 2019 / December 2019 – all of these were also for 2 bedroom units too!

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

BEDS / BATHS LA SP$
Min 2 / 2 1,320 $475,000
Max 2 / 2 1,493 $599,000
Avg 2 / 2 1,407 $546,500
Median 2 / 2 1,450 $545,000

We can see from this report that the average sales price for a Plaza East condo sold over the last 6 months has  been $546,500 – this being for a 2 bedroom 2 bathroom unit of 1407 square feet!

We can also see that the median sales price for a Plaza East condo sold over the last 6 months has  been $545,000this being for a 2 bedroom 2 bathroom unit of 1450 square feet – the median is up from our last post!

In our last post the median sales price for a Plaza East condo sold over the preceding 6 months was $512,500 – this being for a 2 bedroom 2 bathroom unit of 1385 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 $545,000 $402.00

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 $545,000 – this being based on a 2 bedroom 2 bathroom unit of 1450 square feet with a sales price to square foot price of $402.00 – In our last post the median for 2 bedroom condo units sold was lower at $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
  • 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 $366.00
Max $424.00
Avg $399.00
Median $402.00

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 $402.00 per square foot

It is important to note that this is well up from $384.00 in our last post and $338.00 in our prior 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 87%
Max 100%
Avg 94%
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% – the same as in our last post!

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 206
Median 146

We can see from this report that the median days on market for a Fort Lauderdale condo for Sale in Plaza East has been 146 days oon market or just under 5 months – this is down from 226 days or just on 7.5 months 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 LP$
Unit 7J 2 / 2 1,493 $599,000
Unit 20M 2 / 2 1,450 $629,000
Unit 18F 2 / 2 1,320 $579,000
Unit 17F 2 / 2 1,320 $614,000
Unit 10K 2 / 2 1,450 $570,000
Unit 2D 2 / 2 1,450 $500,000

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 7J a 2 bedroom condo which sold for $599,000

Unit 7J was a 2 bedroom 2 bathroom 1493 square foot unit and it sold for $401.00 per square foot.

Unit 7J sold for 100% of its list price and had just 54 days on market or just under 2 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 15 units for sale – including 1, 2 and 3 bedroom units.

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