View Galt Ocean Mile condo for sale Royal Ambassador 3700 Galt Ocean Drive Fort Lauderdale

Royal Ambassador Condos

Royal Ambassador
Galt Ocean Mile Condos for Sale

Welcome to my February / March 2019 post on Royal Ambassador Galt Ocean Mile Condos for Sale Fort Lauderdale.

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

Search Royal Ambassador Condos

 

There are currently 6 x Royal Ambassador Galt Ocean Mile condos for sale!

There have been 4 sales of condos here 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 trends in Royal Ambassador – Important information for both buyers and sellers!

Royal Ambassador
Galt Ocean Mile – Key Statistics
Royal Ambassador Address: 3700 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • Prices from $288,888 – $549,000

Median Prices

  • Sales Price last 6 Months $213,000
    – 1 Bedroom 1 Bathroom Unit
  • Median Sales Price to Sq Ft Price $266.00
  • Median Sales to List Price 93%
  • Days on Market 86 Days
View Royal Ambassador condominium 3700 Galt Ocean Drive Fort Lauderdale
View Royal Ambassador condominium 3700 Galt Ocean Drive Fort Lauderdale

Royal Ambassador
Condos for Sale

There are currently 6 x Royal Ambassador Galt Ocean Mile condos for sale here in Fort Lauderdale Florida – this is the same number of Royal Ambassador condos for sale as in our last post for December 2018 / January 2019

Here is the market report is for these 6 x Royal Ambassador condos for sale Fort Lauderdale

BEDS / BATHS LA LP$
Min 1 / 1 800 $288,888
Max 3 / 2 1,490 $549,000
Avg 2 / 2 1,140 $443,765
Median 2 / 2 1,130 $487,400

We can see from this report that the average price for a unit for sale in Royal Ambassador is currently $443,765 – this being for a 2 bedroom 2 bathroom unit of 1140 square feet!

We can also see from this report that the median price for a unit for sale in Royal Ambassador is currently $487,400 – this being for a 2 bedroom 2 bathroom unit of 1130 square feet!

It is important to note that the most expensive condo unit currently for sale is a 3 bedroom condo listed for sale at $549,000 and the least expensive unit for sale is a 1 bedroom unit listed for sale at $288,888.

View 2 bedroom Galt Ocean Mile condo for sale Royal Ambassador 3700 Galt Ocean Drive Fort Lauderdale
View 2 bedroom Galt Ocean Mile condo for sale Royal Ambassador 3700 Galt Ocean Drive

Royal Ambassador
Prices by Bedroom

Here are the median prices for Royal Ambassador Galt Ocean Mile condos for sale by unit / by bedroom – and a comparison to median prices for units for sale by bedroom based on our last post:

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 800 $306,894 $361.00
2 / 2 1,130 $500,000 $442.00
3 / 2 1,490 $524,400 $352.00

We can see that the median price for:

  • 1 Bedroom Royal Ambassador condos for sale is $306,894 – this being for a 1 bedroom 1 bathroom unit of 800 square feet with a list price to square foot price of $361.00 – In our last post the median price for 1 Bedroom Royal Ambassador condos for sale was lower at $288,909 – this being for a 1 bedroom 1 bathroom unit of 800 square feet with a list price to square foot price of $324.00
  • 2 Bedroom Royal Ambassador condos for sale is $500,000 – this being for a 2 bedroom 2 bathroom unit of 1,130 square feet with a list price to square foot price of $442.00 There were no 2 bedroom units for sale in our last post – however in our prior post the median price was lower at $479,000 – this being for a 2 bedroom 2 bathroom unit of 1,130 square feet with a list price to square foot price of $424.00
  • 3 Bedroom Royal Ambassador condos for sale is $524,400 – this being for a 3 bedroom 2 bathroom unit of 1490 square feet with a list price to square foot price of $352.00 In our last post the median price was higher at $534,000 – this being for a 3 bedroom 2 bathroom unit of 1490 square feet with a list price to square foot price of $358.00

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 1 bedroom Galt Ocean Mile condo recently sold Royal Ambassador 3700 Galt Ocean Drive Fort Lauderdale - Unit 1114
1 bedroom Galt Ocean Mile condo sold Royal Ambassador 3700 Galt Ocean Drive -Unit 1114

Royal Ambassador
New Condo Listings

There have been no new listings of Royal Ambassador Galt Ocean Mile condos for sale over the last 30 days

In our last post there was 1 new listing  – unit 915 a 3 bedroom Royal Ambassador condo listed for sale for $519,000

Royal Ambassador
Pending Sales

There are currently no Royal Ambassador Galt Ocean Mile condos pending sale!

In each of our last 3 posts there were 2 condos pending sale!

Royal Ambassador
Recent Sales – Last 6 Months

There have been 4 sales of Royal Ambassador Galt Ocean Mile condos over the last 6 months this is the same number of sales as in our last post!

Our market analysis report for these 4 units sold is presented below.

#BEDS LA SP$
Min 0 / 1 600 $170,000
Max 1 / 1 870 $219,000
Avg 1 / 1 768 $203,750
Median 1 / 1 800 $213,000

We can see from this report that the average sales price for a unit here in Royal Ambassador over the last 6 months has been $203,750 – this being for a 1 bedroom 1 bathroom unit of 768 square feet!

We can also see that the median sales price for a unit sold here in Royal Ambassador over the last 6 months has been $213,000 – this being for a 1 bedroom 1 bathroom unit of 800 square feet

In our last post the median sales price for a unit sold here in Royal Ambassador over the preceding 6 months was $385,000 – this being for a 2 bedroom 2 bathroom unit of 1130 square feet

In our prior post the median sales price for a unit sold here in Royal Ambassador over the preceding 6 months was $295,000 – this being for a 1 bedroom 1 bathroom unit of 1000 square feet

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for Royal Ambassador condos sold over the last 6 months.

SP$/SqFt
Min $252.00
Max $283.00
Avg $267.00
Median $266.00

We can see from this report that the median sales price to square foot price paid for a Royal Ambassador condo sold over the last 6 months has been $266.00 per sq ft

It is important to note that this is down from $336.00 as in our last post!

It is also important to note is the highest price paid at $283.00!

% Sales to List Price

An important real estate indicator is how much  buyers are paying for Royal Ambassador 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 90%
Max 95%
Avg 93%
Median 93%

We can see from this report that median sales price to list price for Royal Ambassador Galt Ocean Mile condos over the last 6 months has been 93% – This is the same as in our last post!

This means if a Fort Lauderdale condo for sale here in Royal Ambassador is listed at $400,000 – then based on median sales data the condo could  be expected to sell for 93% of that amount or $372,000 based on MLS data.

Days on Market

Days on market for Galt Ocean Mile Condos for Sale in Royal Ambassador is an 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 44
Max 135
Avg 88
Median 86

We can see from this report that the median days on market for a Fort Lauderdale condo for sale in Royal Ambassador is 86 days or just under 3 months – up from 64 days 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.

Royal Ambassador
Condo Sales Itemized

Here is the data for each of the Royal Ambassador Galt Ocean Mile condos sold over the last 6 months

CONDO BEDS / BATHS LA SP$
Unit 1414 1 / 1 870 $219,000
Unit 1114 1 / 1 800 $218,000
Unit 1003 1 / 1 800 $208,000
Unit 1202 0 / 1 600 $170,000

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 1414 a 1 bedroom 1 bathroom condo which sold for $219,000!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Royal Ambassador Galt Ocean Mile condos are popular direct oceanfront units here on the famous Galt Mile Beach – and this complex I really love!

We currently have a nice mix of condos on offer with 1 bedroom, 2 bedroom and even 3 bedroom units for sale!

We have seen continued good sales activity here in Royal Ambassador over the last 6 months with 4 units sold even with us having been well out of Season.

Now that we are in Season – I am expecting sales to pick up!

I hope you have enjoyed this post on Royal Ambassador Galt Ocean Mile Condos for Sale – by Kevin Wirth Realtor

This statistical report on comparable Royal Ambassador 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 © 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service Inc.