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

Plaza East Condos

Plaza East
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our March 2021 / April 2021 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.

Search Plaza East Condos for Sale 

 

There are currently 5 x Plaza East Galt Ocean Mile condos for sale (all of which are new listings) – and a mix of 1, 2 & 3 bedroom units.

There have been 15 sales over the last 6 months and 3 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 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 $450,000 – $1,249,000
  • Median List Price $578,500
    – 2 Bedroom 2 Bathroom Unit


Median Sales Prices

  • Sales Price last 6 Months $500,000
    – 2 Bedroom 2 Bathroom Unit
  • Sales Price to Sq Foot Price $305.00
  • Median Sales to List Price 96%
  • Days on Market 107 Days
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, Florida

Plaza East
Condos for Sale

There are currently 5 x Plaza East Galt Ocean Mile condos for sale here in Fort Lauderdale Florida

It is important to note that this is down from the 8 x Plaza East condos for sale as in our last post for December 2020 / January 2021 and also from the 11 x  Plaza East condos for sale as in our prior post September 2020 / October 2020! 

Our market analysis for the 5 x Plaza East condos for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 1,320 $450,000
Max 3 / 2 2,030 $1,249,000
Avg 2 / 2 1,250 $688,100
Median 2 / 2 1,450 $578,500

We can see from this report that the average price of a Galt Ocean Mile condo for sale here in Plaza East is $688,100 – this being for a 2 bedroom 2 bathroom condo

In our last post the average price of a Galt Ocean Mile condo for sale here in Plaza East was lower at $642,875 – 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 $578,500 – this being for a 2 bedroom 2 bathroom condo

In our last post for the median price of a Galt Ocean Mile condo for sale here in Plaza East was $547,000 – 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, 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 $450,000 $341.00
2 / 2 1,450 $578,500 $398.00
3 / 2 2,030 $1,249,000 $615.00

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

  • 1 Bedroom condos units for sale is $450,000 – this being for a 1 bedroom 1 bathroom unit of 1320 square feet with a list price to square foot price of $341.00 – In our last post there were  no 1 Bedroom condo units for sale – However in our prior post the median for 1 Bedroom Plaza East condos for sale was higher at $475,000 – this being based on a 1 bedroom 1 bathroom unit of 1320 square feet with a list price to square foot price of $360.00
  • 2 Bedroom condo units for sale is $578,500 – this being based on a 2 bedroom 2 bathroom unit of 1450 square feet with a list price to square foot price of $398.00 – In our last post the median for 2 Bedroom condo units for sale was lower at $527,500 – this being based on a 2 bedroom 2 bathroom unit of 1450 square feet with a list price to square foot price of $348.00
  • 3 Bedroom condo units for sale is $1,249,500 – this being based on a 3 bedroom 2 bathroom unit of 2030 square feet with a list price to square foot price of $615.00 – In our last post the median for 3 Bedroom condo units for sale was lower at $994,500 – this being based on a 3 bedroom 2 bathroom unit of 2215 square feet with a list price to square foot price of $442.00
View Galt Ocean Mile condo Plaza East 4300 N Ocean Blvd Fort Lauderdale just listed for sale Unit 9K
Galt Ocean Mile condo Plaza East 4300 N Ocean Blvd Fort Lauderdale just listed for sale # 9K

Plaza East Condos
New Listings

There has been 5 new listings of a Plaza East Galt Ocean Mile condos for sale over the last 30 days – In our last post there was 1 new listing over the preceding 30 days – this being Unit 5K a 2 bedroom condo.

Our market analysis report for these new listings is presented below:

BEDS / BATHS LA LP$
Penthouse A 3 / 2 2,030 $1,249,000
Unit 10D 2 / 2 1,450 $588,000
Unit 9K 2 / 2 1,450 $578,500
Unit 12D 2 / 2 1,450 $575,000
Unit 20F 1 / 1 1,320 $450,000

We can see from this report that:

Penthouse A a 3 bedroom Galt Ocean Mile condo has just been listed for sale for $1,249,000this 3 bedroom 2 bathroom 2030 square foot unit has a list price to square foot price of $321.00

Penthouse A offers a large wrap-around East balcony with direct ocean views and a direct West balcony with spectacular city/intracoastal views!

This Galt Ocean Mile condo for sale features: marble floor throughout, surround sound, electric window shades, crown molding, built-in valences for window shades, hurricane windows and sliding doors throughout and a separate laundry room.

Unit 10D a 2 bedroom Galt Ocean Mile condo has just been listed for sale for $588,000this 2 bedroom 2 bathroom 1450 square foot unit has a list price to square foot price of $406.00

Unit 10D is a Flow-through condo with panoramic ocean views of the ocean and the Intracoastal Waterways!

This Galt Ocean Mile condo for sale features: a large balcony facing east, floor-to-ceiling windows throughout, a semi-private elevator and a Washer/Dryer inside the unit.

Unit 9K a 2 bedroom Galt Ocean Mile condo has just been listed for sale for $578,500this 2 bedroom 2 bathroom 1450 square foot unit has a list price to square foot price of $399.00

Unit 9K offers direct southern ocean views from dramatic floor-to-ceiling windows.  The bedrooms also boast amazing ocean views to the north!

This Galt Ocean Mile condo for sale features: an updated eat-in kitchen with patio door to balcony, granite counters and stainless steel appliances. The unit has a washer/dryer and tile floors throughout.

Unit 12D a 2 bedroom Galt Ocean Mile condo has just been listed for sale for $575,000this 2 bedroom 2 bathroom 1450 square foot unit has a list price to square foot price of $397.00

Unit 12D offers amazing Intercostal views and front ocean views!

This Galt Ocean Mile condo for sale needs to be updated. 

Unit 20F a 1 bedroom Galt Ocean Mile condo has just been listed for sale for $450,000this 1 bedroom 1 bathroom 1320 square foot unit has a list price to square foot price of $341.00

Unit 20F is a large 1 bedroom  / 1.5 bathroom unit with a balcony with amazing ocean views!

This Galt Ocean Mile features: floor to ceiling windows, an open eat-in-kitchen and a semi private elevator.

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 Plaza East 4300 N Ocean Blvd Fort Lauderdale pending sale Unit 6A
View Galt Ocean Mile condo Plaza East 4300 N Ocean Blvd Fort Lauderdale pending sale # 6A

Plaza East Condos
Pending Sales

There are currently 3 x Plaza East Galt Ocean Mile condos under contact and pending saledown from our last post!

In our last post for December 2020 / January 2021 there were 5 units pending sale.

Our market analysis report for these units is presented below:

BEDS / BATHS LA LP$
Unit 6A 3 / 2 2,030 $715,000
Unit 17M 2 / 2 1,450 $620,000
Unit 5C 2 / 2 1,450 $480,000

We can see from this report that:

Plaza East Unit 6A listed for sale for $715,000 in now pending salethis 3 bedroom 2 bathroom 2030 square foot unit has a list price to square foot price of $352.00

Unit 6A is a corner unit and offers spectacular unobstructed ocean views as well as Intracostal panoramas and views of the city skyline!

This Galt Ocean Mile condo features: a newly updated glass wrap-around balcony, hardwood floors, a kitchen with granite counter-tops and a separate breakfast nook. This condo has a large in-unit laundry room.

Plaza East Unit 17M listed for sale for $620,000 in now pending salethis 2 bedroom 2 bathroom 1450 square foot unit has a list price to square foot price of $428.00

Unit 17M is a huge, updated condo with a large balcony that offers direct ocean views!

This Galt Ocean Mile condo features: floor-to-ceiling windows and north facing bedrooms which look out and onto the direct ocean!

Plaza East Unit 5C listed for sale for $480,000 in now pending salethis 2 bedroom 2 bathroom 1450 square foot unit has a list price to square foot price of $331.00

Unit 5C is amazing views!! Walk in and all you see is ocean!

This Galt Ocean Mile condo features: an Eat in kitchen area, a California closet in the master bedroom and large walk in, a California closet in the second bedroom and newer shades on all windows and blackout shades on both bedroom windows. Both bedrooms have intracoastal views.

View Galt Ocean Mile condo Plaza East 4300 N Ocean Blvd Fort Lauderdale recently sold Unit 19H
Galt Ocean Mile condo Plaza East 4300 N Ocean Blvd Fort Lauderdale recently sold # 19H

Recent Sales – Last 6 Months

There have been 15 sales of Galt Ocean Mile condos here in Plaza East over the last 6 months well up from our last 2 posts!

There were 8 sales over the preceding 6 months as per our last post for December 2020 / January 2021 and just 2 sales over the preceding 6 months as in our prior post for September 2020 / October 2020

The market summary report for these 15 sales is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 1,320 $365,000
Max 3 / 3 2,030 $815,000
Avg 2 / 2 1,626 $532,700
Median 2 / 2 1,450 $500,000

We can also see from this report that the average sales price for a Plaza East condo sold over the last 6 months has  been $532,700 – this being for a 2 bedroom 2 bathroom unit of 1626 square feet

In our last post the average sales price for a Plaza East condo sold over the preceding 6 months was higher at $555,313 – this being for a larger 2 bedroom 2 bathroom unit of 1772 square feet

We can also see from this report that the median sales price for a Plaza East condo sold over the last 6 months has  been $500,000this also being for a 2 bedroom 2 bathroom unit of 1450 square feet

In our last post the median sales price for a Plaza East condo sold over the preceding 6 months was also higher at $527,500 – this being for a larger 2 bedroom 2 bathroom unit of 1740 square feet

Beach views Galt Ocean Mile condominium Plaza East 4300 N Ocean Blvd Fort Lauderdale
Beach views Galt Ocean Mile condominium Plaza East 4300 N Ocean Blvd Fort Lauderdale

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
1 / 1 1,320 $402,500 $277.00
2 / 2 1,450 $500,000 $297.00
3 / 2 2,030 $678,750 $379.00

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

  • 1 Bedroom Plaza East condos sold is $402,500 – this being based on a 1 bedroom 1 bathroom unit of 1320 square feet with a sales price to square foot price of $277.00 – In our last post the median for 1 bedroom condo units sold was the same at $402,500 – this being based on a 1 bedroom 1 bathroom unit of 1320 square feet with a sales price to square foot price of $277.00
  • 2 Bedroom Plaza East condos sold is $500,000 – this being based on a 2 bedroom 2 bathroom unit of 1450 square feet with a sales price to square foot price of $297.00 – In our last post the median for 2 bedroom condo units sold was higher at $512,000 – this being based on a 2 bedroom 2 bathroom unit of 1450 square feet with a sales price to square foot price of $353.00
  • 3 Bedroom Plaza East condos sold is $678,750 – this being for a 3 bedroom 2 bathroom 2030 square foot unit with a sales price to square foot price of $379.00 – In our last post the median for 3 bedroom condo units sold was lower at $633,750 – this being for a 3 bedroom 2 bathroom 2030 square foot unit with a sales price to square foot price of $366.00

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 $268.00
Max $410.00
Avg $329.00
Median $305.00

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 $305.00 per square foot – down from $321.00 as in our last post!

It is important to note the highest price paid at $410.00 per square foot!

% 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 84%
Max 101%
Avg 95%
Median 96%

We can see from this report that the median sales price to list price for Fort Lauderdale condo here in Plaza East  has been 96% – this is up from 95% as in our last post!

This means if a Fort Lauderdale condo for sale here in Plaza East is listed at $600,000 – then based on median sales data the condo could be expected to sell for 96% of that amount or $576,000 – 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 7
Max 524
Avg 183
Median 107

We can see from this report that the median days on market for a Fort Lauderdale condo for Sale in Plaza East has been 107 days – down from 184 days on market or just over 6 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.

Aerial view Galt Ocean Mile condominium Plaza East 4300 N Ocean Blvd Fort Lauderdale
Aerial view Galt Ocean Mile condominium 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 17P 3 / 2 2,030 $815,000
Unit 19H 3 / 3 2,030 $795,000
Unit 7L 2 / 2 1,450 $620,000
Unit 11M 2 / 2 1,450 $594,000
Unit 12H 3 / 3 2,030 $562,500
Unit 7H 3 / 2 1,450 $530,000
Unit 18B 2 / 2 1,450 $525,000
Unit 5B 2 / 2 1,450 $500,000
Unit 19K 2 / 2 1,450 $500,000
Unit 12D 2 / 2 1,600 $475,000
Unit 4C 2 / 2 1,450 $455,000
Unit 14F 1 / 1 1,320 $440,000
Unit 5K 2 / 2 1,450 $425,000
Unit 2M 2 / 2 1,450 $389,000
Unit 16F 1 / 1 1,320 $365,000

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 17P a 3 bedroom condo which sold for $815,000

Unit 17P sold for 99% of its list price and had just 7 days on market!

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 nice range of condos for sale here in Plaza East with 5 units for sale – a nice mix of 1, 2 and 3 bedroom units.

I am very pleased to report that buyer activity continues to pick up – with 15 units sold over the last 6 months and 3 units pending sale!

Buyer Activity and Sales had been very slow in the early part of the year due in large part of the Corona Virus!

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