Views of the ocean and beach from Riviera here on Galt Ocean Mile / Ft Lauderdale

Riviera Condos for Sale

The Riviera – Galt Ocean Mile
Feb/Mar 2014 Blog

Search Riviera Condos for Sale

The Riviera condominium is a direct oceanfront condo set right on the beach here in Galt Ocean Mile.

View of The Riviera condominium here in Fort Lauderdale

In this report we review units for sale, pricing, new listings as well as units pending sale.

Riviera Condos for Sale
Fort Lauderdale Market Analysis Report

The following market report is for units for sale in Riviera here on Galt Ocean Mile.

#Beds

#FBaths

SF/FF

List Price

LP$/SqFt

High

2

2

1,550

$450,000

$290

Low

1

1

1,076

$279,900

$260

Average

2

2

1,313

$364,950

$275

Median

2

2

1,313

$364,950

$275

At the time of writing there were just 2 units for sale here in Riviera.

We can see from the market report on units for sale that the median price for a unit is $364,950.

The median price is based on a 2 bedroom 2 bathroom unit of 1313 square feet – with a list price to square foot price of $275.00.

Riviera Galt Ocean Mile
Recent Condo Sales

There have been 3 recent sales in the Riviera.
The market summary of these sales is presented below.

#Beds

#FBaths

SF/FF

SalePrice

SP$/SqFt

SP$/LP$

DoM

High

3

2

2,117

$600,000

$293

98.75

313

Low

1

1

1,076

$315,000

$283

87.08

156

Average

1

1

1,423

$410,000

$290

94.25

259

Median

1

1

1,076

$315,000

$293

96.92

308

We can see from this report that the average sales price for a unit in Riviera has been $410,000  – this has been for a 1 bedroom 1 bathroom unit of 1423 square feet – with an average sales price to square foot price of $259.00

We can also see that the median sales price for a unit in the Riviera has been $315,000 – this also being for a 1 bedroom 1 bathroom unit of 1076 square feet – with a sales price to list price of $293.00 per square feet.

With only 3 sales it is also useful to look at median prices by bedroom – this data is presented below.

Riviera Recent Sales
By Bedroom

The market analysis report for recent sale in Riviera based on sales of units by bedroom is presented below.

#Beds

#FBaths

SF/FF

Sale Price

SP$/SqFt

SP$/LP$

DoM

Median

1

1

1,076

$315,000

$293

97.83

234

Median

2

2

N/A

N/A

N/A

N/A

N/A

Median

3

2

2,117

$600,000

$283

87.08

308

We can see from this report the following:

  • The median sales price for a 1 Bedroom unit has been $315,000 with the sales price to square foot price of $293.00
  • The median sales price for a 3 Bedroom has been $600,000 with the sales price to square foot price being $283.00   

There have been no recent sales of 2 bedroom condo units in Riviera here in Fort Lauderdale.