View Regency Tower South Galt Ocean Mile condos for Sale 3750 Galt Ocean Drive Fort Lauderdale

Regency Tower South Condos

Regency Tower South
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our January 2020 / February 2020 pricing guide for Regency Tower South Galt Ocean Mile condos for sale 3750 Galt Ocean Drive Fort Lauderdale Florida.

Fort Lauderdale condos for sale here in Regency Tower South offer direct oceanfront units set right on the Galt Ocean Mile Beachfront.

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Currently there are 4 x condos for sale here in Regency Tower South Fort Lauderdale – a mix of 1 & 2 bedroom units!

There have been 4 sales of condo units over the last 6 months and 1 unit is 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 over the last 6 months!

We also compare recent sales in Regency Tower South important information for both buyers and sellers!

Regency Tower South
Galt Ocean Mile – Key Statistics
Regency South Condominium complex in Fort Lauderdale, Florida
Address: 3750 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • Prices from $324,900 – $789,900

Median Prices

  • Median List Price $643,500
    for a 2 bedroom 2 bathroom unit
  • Median Sales Price $399,000
    – for a 1 bedroom 2 bathroom unit
  • Median Sales Price to Sq Ft Price $292.00
    Median Sales to List Price 96%
  • Days on Market 72 Days
View Regency Tower South Galt Ocean Mile condominium 3750 Galt Ocean Drive Fort Lauderdale
Regency Tower South Galt Ocean Mile condominium 3750 Galt Ocean Drive Fort Lauderdale

Regency Tower South
Condos for Sale

There are currently 4 x Regency Tower South Galt Ocean Mile condos for sale here in Fort Lauderdale – a mix of 1 and 2 bedroom units!

The number of condos for sale is down slightly from the 5 units for sale as in our last post for November 2019 / December 2019

Our market analysis report for these 4 x Galt Ocean Mile condos for sale is presented below:

BEDS / BATHS LA LP$
Min 1 / 1 1,187 $324,900
Max 2 / 2 1,853 $789,900
Avg 2 / 2 1,670 $600,450
Median 2 / 2 1,820 $643,500

We can see from this report that the average price for an Galt Ocean Mile direct oceanfront condo for sale here in Regency Tower South is $600,450 – this being for a 2 bedroom 2 bathroom unit!

We can also that the median price for a Galt Ocean Mile condos for sale here in Regency Tower South is $643,500 – this being for a 2 bedroom 2 bathroom unit up from our last post!

In our last post the median price for a condo for sale here in Regency Tower South was lower at $549,900 – this being for a 2 bedroom 2 bathroom unit

Pool view Galt Ocean Mile condominium Regency Tower South 3750 Galt Ocean Drive
Pool view Galt Ocean Mile condominium Regency Tower South 3750 Galt Ocean Drive

Regency Tower South
Prices by Bedroom

Here is the market summary report for Regency Tower South Galt Ocean Mile condos for sale – showing median prices by bedroom.

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1,187 $324,900 $274.00
2 / 2 1,853 $762,000 $411.00

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

  • 1 bedroom Regency Tower South condos for sale is $324,900 – this being for a 1 bedroom 1 bathroom unit of 1187 square feet with a list price to square foot price of $274.00 In our last post the median list price for 1 bedroom condos for sale was the same at $324,900 – this being for a 1 bedroom 1 bathroom unit of 1187 square feet with a list price to square foot price of $274.00
  • 2 bedroom Regency Tower South condos for sale is $762,000 – this being for a 2 bedroom 2 bathroom unit of 1853 square feet with a list price to square foot price of $411.00 – In our last post the median price for 2 bedroom condos for sale was lower at $659,450 – this being for a 2 bedroom 2 bathroom unit of 1820 square feet with a list price to square foot price of $415.00
  • There are currently no 3 bedroom Regency Tower South condos for sale  In the last post when there were 3 bedroom units for sale the median price was $889,000 – this being for a 3 bedroom 2 bathroom unit of 2323 square feet with a list price to square foot price of $383.00

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?

Call Me Today!


Kevin Wirth P.A. – Realtor

Galt Ocean Mile Specialist 
954-459-0337

kevinsellsmore@gmail.com

Click here to email me now

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View Galt Ocean Mile New Listings


View Regency Tower South Galt Ocean Mile condos just listed for sale 3750 Galt Ocean Drive Fort Lauderdale Penthouse 2005
Regency Tower South Galt Ocean Mile condo just listed for sale 3750 Galt Ocean Drive #2005

Regency Tower South
New Listings

There has been 1 new listing of a Galt Ocean Mile condo for sale here in Regency Tower South over the last 30 days – a 2 bedroom Penthouse unit!

In our last post there had also been 1 new listings over the preceding 30 days – this being for unit 804 a 1 bedroom condo.

Our market analysis report for this new listing is presented below.

BEDS / BATHS LA LP$
Ph 2005 2 / 2 1,787 $525,000

We can see from this report that Penthouse 2005 a 2 bedroom Galt Ocean Mile condo has just been listed for sale for $525,000 – this 2 bedroom 2 batrhroom 1787 square foot unit has a list price to square foot price of $294.00

Penthouse 2005 offers sweeping Ocean and City views from all windows!

This Galt Ocean Mile condo for sale features: large living and dining rooms with lots of light, an updated kitchen with Granite and Stainless Steel appliances open to the dining area.   

The unit has an extremely large master bedroom with walk in closet and master bathroom.

View Regency Tower South Galt Ocean Mile condos pending sale 3750 Galt Ocean Drive Fort Lauderdale Unit 407
View Regency Tower South Galt Ocean Mile condos pending sale 3750 Galt Ocean Drive # 407

Regency Tower South
Pending Sales

There is currently 1 x Regency Tower South Galt Ocean Mile condo pending sale – In our last post there were no condos pending sale!

Our market analysis report for this unit is presented below:

BEDS / BATHS LA LP$
Unit 407 2 / 2 1,853 $439,000

We can see from this report that Regency Tower South condo 407 a 2 bedroom unit listed for sale for $439,000 is now pending sale – this 2 bedroom 2 bathroom 1853 square foot unit has a list price to square foot price of $237.00 

Unit 407 is fully furnished corner unit with extensive wrap around balcony for outside entertaining! 

This Galt Ocean Mile condo features: a huge living room and separate dining room with lots of light, an open kitchen and an extremely large master bedroom with walk in closet and master bathroom.

The unit has Hurricane Impact windows and a new hurricane Impact glass balcony door.   There is a Washer/.Dryer in utility room. 

View Regency Tower South Galt Ocean Mile condos recently sold 3750 Galt Ocean Drive Fort Lauderdale Unit 810
View Regency Tower South Galt Ocean Mile condos recently sold 3750 Galt Ocean Drive  #810

Regency Tower South
Sales Last 6 Months

There have been 4 x Galt Ocean Mile condos sold here in Regency Tower South over the last 6 months. 

This is down from the 6 units sold over the preceding 6 months as in our last post for July 2019 / August 2019

Our market analysis report for these 4 recent sales is presented below:

BEDS / BATHS LA SP$
Min 1 / 1 1,187 $342,000
Max 2 / 2 1,853 $550,000
Avg 2 / 2 1,504 $422,500
Median 1 / 1 1,487 $399,000

We can see from this report that the average sales price for a Galt Ocean Mile condo sold in Regency Tower South over the last 6 months has been $422,500 – this being for a 2 bedroom 2 bathroom unit!

We can also see from this report that the median sales price over the last 6 months has been $399,000 – this being for a 1 bedroom 1 bathroom unit!

In our last post the median sales price over the preceding 6 months was the same at $399,000 – this also being for a 1 bedroom 1 bathroom unit!

Regency Tower South
Sales Prices by Bedroom

Here is the market summary report for Regency Tower South Galt Ocean Mile condos sold over the last 6 months – showing median prices by bedroom.

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 1,187 $355,000 $299.00
2 / 2 1,820 $490,000 $269.00

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

  • 1 bedroom Regency Tower South Galt Ocean Mile condos sold over the last 6 months has been $355,000 – this being for a 1 bedroom 1 bathroom unit of 1187 square feet with a sales price to square foot price of $299.00 – In our last post the median sales price for 1 bedroom Regency Tower South condos sold over the preceding 6 months was lower at $342,000 – this being for a 1 bedroom 1 bathroom unit of 1187 square feet with a sales price to square foot price of $288.00
  • 2 bedroom Regency Tower South Galt Ocean Mile condos sold over the last 6 months has been $490,000 – this being for a 2 bedroom 2 bathroom unit of 1820 square feet with a sales price to square foot price of $269.00 – In our last post the median sales price for 2 bedroom Regency Tower South Galt Ocean Mile condos sold over the last 6 months was the same at $490,000 – this being for a 2 bedroom 2 bathroom unit of 1820 square feet with a sales price to square foot price of $269.00
  • There have been no 3 bedroom Regency Tower South Galt Ocean Mile condos sold over the last 6 months based on MLS records – In our last post the median for 3 bedroom Regency Tower South Galt Ocean Mile condos sold over the last 6 months was $615,000 – this being for a 3 bedroom 2 bathroom unit of 2323 square feet with a sales price to square foot price of $265.00
Pool view Regency Tower South 3750 Galt Ocean Drive Fort Lauderdale
Gorgeous pool views from Regency Tower South 3750 Galt Ocean Drive Fort Lauderdale

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for Fort Lauderdale Condos sold in Regency Tower South over the last 6 months.

SP$/SqFt
Min $241.00
Max $310.00
Avg $284.00
Median $292.00

We can see from this report that the median sales price to square foot price paid for a Regency Tower South condo sold over the last 6 months has been $292.00 per square foot – this is up from $276.00 in our last post and $270.00 as in our prior post!

% Sales to List Price

An important real estate indicator is how much  buyers are paying for Regency Tower South Galt Ocean Mile condos for sale – we can gauge this based on the percentage of sales price to list price paid by buyers.

Our market analysis report for this is presented below

SP$/LP$
Min 92%
Max 99%
Avg 95%
Median 96%

We can see that BOTH the average and median sales price to list price for a condo here in Regency Tower South over the last 6 months has been 96%!

It is important to note that this is up from 94% as in our last post which in turn was up from 92%  as in our prior post!

This means if a Fort Lauderdale condo for sale here in Regency Tower South is listed at $700,000 – then based on median sales data the condo could be expected to sell for 94% of that amount or $672,000 – based on MLS data!

Days on Market

Days on market for Regency Tower South Galt Ocean Mile condos for sale is also a very important indicator of demand for units in this complex.

Here is the market analysis report for Days on Market based on condo sales over the last 6 months.

DOM
Min 18
Max 176
Avg 85
Median 72

We can see from this report that the median days on market at 72 days or just over 10 weeks!

It is important to note that the days on market is down from 93 days in our last post and well down from 161 days or just under 6 months as in our prior post!

Days on market is the time from when the condo was listed for sale till the condo sold AND closed.

Regency Tower South
Condo Sales Itemized

Here is the data for each of the Regency Tower South Galt Ocean Mile condos sold over the last 6 months!

BEDS / BATHS LA SP$
Unit 2007 2 / 2 1,853 $550,000
Unit 810 2 / 2 1,787 $430,000
Unit 1904 1 / 1 1,187 $368,000
Unit 1708 1 / 1 1,187 $342,000

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 2007 a 2 bedroom 2 bathroom condo which sold for $550,000 – This 2 bedroom 2 bathroom 1853 square foot unit had a sales price to square foot price of $297.00

Unit 2007 had 176 days on market and sold for 92% of list price!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Regency Tower South Galt Ocean Mile condos are direct oceanfront units set in a great complex here on Galt Mile right on the Beach!

We currently have a good range of condos for sale with a mix 1 and 2 bedroom units for sale.  

The last 6 months have seen some good sales with 4 units sold and 1 unit pending sale!

I hope you have enjoyed my post on Regency Tower South
Fort Lauderdale Condos for sale

Kevin Wirth – Realtor

This statistical report on comparable Regency Tower South properties includes listing content from the MLS compilation and statistical MLS data – this data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market.

This report is based on information which is the © 2020 Realtors of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service Inc.