View Galt Ocean Mile condo Regency Tower South 3750 Galt Ocean Drive Fort Lauderdale for sale

Regency Tower South Condos

Regency Tower South
Galt Ocean Mile Condos
2021 Pricing Guide

Welcome to our January 2021 / February 2021 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 5 x condos for sale here in Regency Tower South Fort Lauderdale – (1 of which is a new listing)

There have been 9 sales of condo units 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 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 $337,000 – $830,000

Median Prices

  • Median List Price $639,000
    for a 2 bedroom 2 bathroom unit
  • Median Sales Price $430,000
    – for a 2 bedroom 2 bathroom unit
  • Median Sales Price to Sq Ft Price $279.00
    Median Sales to List Price 94%
  • Days on Market 78 Days
View Galt Ocean Mile condominium Regency Tower South 3750 Galt Ocean Drive Fort Lauderdale
Galt Ocean Mile condominium Regency Tower South 3750 Galt Ocean Drive Ft Lauderdale

Regency Tower South
Condos for Sale

There are currently 5 x Regency Tower South Galt Ocean Mile condos for sale here in Fort Lauderdale 

The number of Regency Tower South condos for sale is down from our last post for November 2020 / December 2020 when there were 8 units for sale!

Our market analysis report for these 5 x Galt Ocean Mile condos for sale is presented below:

BEDS / BATHS LA LP$
Min 1 / 1 980 $337,000
Max 3 / 2 2,080 $830,000
Avg 2 / 2 1,711 $612,000
Median 2 / 2 1,853 $639,000

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 $612,000 – this being for a 2 bedroom 2 bathroom unit!

In our last post the average price for an Galt Ocean Mile direct oceanfront condo for sale here in Regency Tower South was slightly higher at $613,975 – 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 $639,000 – this being for a 2 bedroom 2 bathroom unit

In our last post the median price for a condo for sale here in Regency Tower South was lower at $631,950 – this being for a 2 bedroom 2 bathroom unit

Beach views Galt Ocean Mile condominium Regency Tower South 3750 Galt Ocean Drive Fort Lauderdale
Beach views 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 / 1 980 $337,000 $344.00
2 / 2 1,853 $639,000 $345.00
3 / 2 2,080 $830,000 $399.00

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

  • 1 bedroom Regency Tower South condos for sale is $337,000 – this being for a 1 bedroom 1 bathroom unit of 980 square feet with a list price to square foot price of $344.00 In our last post there were no 1 bedroom units for sale – However in our prior post the median list price for 1 bedroom condos for sale was lower at $285,000 – this being for a 1 bedroom 1 bathroom unit of 980 square feet with a list price to square foot price of $291.00
  • 2 bedroom Regency Tower South condos for sale is $639,000 – this being for a 2 bedroom 2 bathroom unit of 1853 square feet with a list price to square foot price of $345.00 – In our last post the median price for 2 bedroom condos for sale was lower at $624,900 – this being for a 2 bedroom 2 bathroom unit of 1787 square feet with a list price to square foot price of $345.00
  • 3 bedroom Regency Tower South condos for sale is $830,000 – this being for a 3 bedroom 2 bathroom unit of 2080 square feet with a list price to square foot price of $399.00 – In our last post there were no 3 bedroom Regency Tower South condos for sale – However in the prior post when there were 3 bedroom units for sale the median price was slightly lower at $829,500 – this being for a 3 bedroom 2 bathroom unit of 2080 square feet with a list price to square foot price of $399.00

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 Galt Ocean Mile condo Regency Tower South 3750 Galt Ocean Drive Fort Lauderdale just listed for sale
Galt Ocean Mile condo Regency Tower South 3750 Galt Ocean Dr just listed for sale 1703

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 – In our last post there was also 1 new listing over the preceding 30 days – this being unit 2008 a 1 bedroom condo.

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

BEDS / BATHS LA LP$
Unit 1703 1 / 1 980 $337,000

We can see from this report that Regency Tower South unit 1703 a 1 bedroom Galt Ocean Mile condo has just been listed for sale for $337,000 – this 1 bedroom 1 bathroom 980 square foot unit has a list price to square foot price of $344.00

Unit 1703 offers spectacular oceanfront views from living and bedroom areas.

This Galt Ocean Mile condo for sale features:  a large balcony that overlooks the ocean and beach.  The unit has impact windows and tile floors, a washer and dryer and covered garage parking.

Regency Tower South
Pending Sales

There is currently no Regency Tower South Galt Ocean Mile condos pending sale – In our last post there was 1 condo pending sale – Unit 907 a 2 bedroom unit.

View Galt Ocean Mile condo Regency Tower South 3750 Galt Ocean Drive Fort Lauderdale recently sold Unit 611
View Galt Ocean Mile condo Regency Tower South 3750 Galt Ocean Drive recently sold 611

Regency Tower South
Sales Last 6 Months

There have been 9 x Galt Ocean Mile condos sold here in Regency Tower South over the last 6 months

It is important to note that this is well up from 5 sales as in our last post for November 2020 / December 2020!

Our market analysis report for these 9 recent sales is presented below:

BEDS / BATHS LA SP$
Min 1 / 1 980 $247,000
Max 3 / 2 2,080 $790,000
Avg 2 / 2 1,513 $446,889
Median 2 / 2 1,580 $430,000

We can see from this report that the average sales price over the last 6 months has been $446,889 – this also being for a 2 bedroom 2 bathroom unit!

In our last post the average sales price over the last 6 months was lower at $388,400 – this also 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 $430,000 – this also being for a 2 bedroom 2 bathroom unit!

In our last post the median sales price was lower at $420,000 – this also being for a 2 bedroom 2 bathroom unit!

Pool views Galt Ocean Mile condominium Regency Tower South 3750 Galt Ocean Drive Fort Lauderdale
Pool views Galt Ocean Mile condominium Regency Tower South 3750 Galt Ocean Drive!

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 $275,000 $232.00
2 / 2 1,580 $495,000 $298.00
3 / 2 2,080 $790,000 $380.00

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 $275,000 – this being for a 1 bedroom 1 bathroom unit of 1187 square feet with a sales price to square foot price of $232.00 – In our last post the median sales price for 1 bedroom Regency Tower South Galt Ocean Mile condos sold over the last 6 months was lower at $261,000 – this being for a 1 bedroom 1 bathroom unit of 1187 square feet with a sales price to square foot price of $220.00
  • 2 bedroom Regency Tower South Galt Ocean Mile condos sold over the last 6 months has been $495,000 – this being for a 2 bedroom 2 bathroom unit of 1580 square feet with a sales price to square foot price of $298.00 – 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 $495,000 – this being for a 2 bedroom 2 bathroom unit of 1660 square feet with a sales price to square foot price of $277.00
  • 3 bedroom Regency Tower South Galt Ocean Mile condos sold over the last 6 months has been $790,000 – this being for a 3 bedroom 2 bathroom unit of 2080 square feet with a sales price to square foot price of $380.00 – In our last post there had been no 3 bedroom Regency Tower South Galt Ocean Mile condos sold over the preceding 6 months – this being based on MLS records.
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 $208.00
Max $380.00
Avg $292.00
Median $279.00

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 $279.00 per square foot – this is up slightly from $253.00 as in our last post!

It is also important to note the highest price paid over the last 6 months at $380.00 per square foot – well up from $320.00 as in our last 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 89%
Max 98%
Avg 93%
Median 94%

We can see that the median sales price to list price for a condo here in Regency Tower South over the last 6 months has been 94%

This means if a Fort Lauderdale condo for sale here in Regency Tower South is listed at $500,000 – then based on median sales data the condo could be expected to sell for 94% of that amount or $470,000 – based on MLS data!

This is the same as in our last 2 posts!

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 47
Max 267
Avg 108
Median 78

We can see from this report that the median days on market at 78 days or under 3 months – well down from 131 days or over 4 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.

Regency Tower South
Condo Sales Itemized

Here is the data for the 9 x Regency Tower South Galt Ocean Mile condos sold over the last 6 months:

BEDS / BATHS LA SP$
Unit 611 3 / 2 2,080 $790,000
Unit 410 2 / 2 1,580 $590,000
Unit 1610 2 / 2 1,580 $505,000
PH 2005 2 / 2 1,787 $495,000
Unit 907 2 / 2 1,660 $430,000
Unit 1210 2 / 2 1,580 $415,000
Unit 804 1 / 1 1,187 $275,000
Unit 2008 1 / 1 980 $275,000
Unit 1208 1 / 1 1,187 $247,000

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 Regency Tower South unit 611 a 3 bedroom condo which sold for $790,000!

Unit 611 is a 3 bedroom 2 bathroom 2080 square foot Galt Ocean Mile condo and this unit sold for $380.00 per square foot.

This condo sold for 95% of its list price and had 73 days on market – or just over 10 weeks!

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 nice range of Regency Tower South condos for sale with 5 units on offer.

I am pleased to report that we have had 9 units sold over the last 6 months – which is great especially given the impact of the Virus on Canadian buyers – who are currently so few and far between!

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.