View Sea Ranch Lakes condo 5200 N Ocean Blvd Lauderdale by the Sea for sale

Sea Ranch Lakes North

Sea Ranch Lakes North Condos
Lauderdale by the Sea
2020 Pricing Guide

Welcome to our July 2020 / August 2020 pricing guide for Sea Ranch Lakes North condos for sale here at 5200 N Ocean Blvd, Lauderdale by the Sea, Florida.

Sea Ranch Lakes North Lauderdale by the Sea is a direct oceanfront complex set right next to the 3 direct oceanfront condominiums of Sea Ranch Club in Lauderdale by the Sea – just up from the famous Galt Ocean Mile.

Sea Ranch Lakes North
Lauderdale by the Sea
Condos for Sale

Here is a selection of Sea Ranch Club and Sea Ranch Lakes North Lauderdale by the Sea condos for sale

Search Sea Ranch Condos for Sale Lauderdale by the Sea

Sea Ranch Lakes
North Overview

There are currently 6 x Sea Ranch Lakes North Lauderdale by the Sea condos for sale  – 1 of which is a new listing (a 2 bedroom unit)

There have been 2 closed sales over the last 6 months and 1 unit is pending sale (a 3 bedroom Penthouse unit)

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 prices paid for units over the last 6-12 months!

We also compare recent sales trends in Sea Ranch Lakes North Lauderdale by the Sea – Important information for both buyers and sellers!

Sea Ranch Lakes North Condos
Lauderdale by the Sea – Key Statistics
Sea Ranch Lakes North Inc
Condominium complex in Lauderdale-by-the-Sea, Florida
Address: 5200 N Ocean Blvd, Lauderdale-By-The-Sea, FL 33308
Phone: (954) 782-5151

  • List Prices from $399,000 – $525,000
  • Median List Price $454,450
    – for a 2 bedroom 2 bathroom unit

Recent Sales Prices

  • Sales Prices (2 units sold last 6 months)
    – $435,000 for a 2 bedroom 2 bathroom unit

    – $660,000 for a 3 bedroom 2 bathroom unit
  • Median Sales Price to Sq Ft Price $286.00
  • Median Sales Price to List Price 95%
  • Median Days on Market 57 Days
Aerial view Sea Ranch Lakes North 5200 N Ocean Blvd Lauderdale by the Sea
Aerial view Sea Ranch Lakes North 5200 N Ocean Blvd Lauderdale by the Sea, Florida

Sea Ranch Lakes North Condos
July 2020 / August 2020

There are currently 6 x Sea Ranch Lakes North Lauderdale by the Sea condos for sale here in Fort Lauderdale FL – this is up from our last post!

In our last post on Sea Ranch Lakes North condos for sale for May 2020 / June 2020 there were 4 units for sale!

Our market analysis report for these 6 x Sea Ranch Lakes North Lauderdale by the Sea condos currently for sale is presented below:

BEDS / BATHS LA LP$
Min 1 / 1 1,000 $399,000
Max 2 / 2 1,540 $525,000
Avg 2 / 2 1,345 $461,150
Median 2 / 2 1,330 $454,450

We can see from the market report that the average price for a oceanfront condo for sale here in Sea Ranch Lakes North is $461,150 – this being for a 2 bedroom 2 bathroom unit of 1345 square feet

In our last post for May 2020 / June 2020 the average price for a oceanfront condo for sale here in Sea Ranch Lakes North was a little lower at $458,200 – this being for a 2 bedroom 2 bathroom unit of 1360 square feet

We can also see that the median price for a oceanfront condo for sale here in Sea Ranch Lakes North is $454,450 – this being for a 2 bedroom 2 bathroom unit of 1540 square feet

In our last post the median price for a oceanfront condo for sale here in Sea Ranch Lakes North was very close at $454,400 – this being for a 2 bedroom 2 bathroom unit of 1540 square feet


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth P.A. – Realtor
Sea Ranch Lakes North Specialist
kevinsellsmore@gmail.com
954-459-0337

Click here to email me now

Search Galt Ocean Mile Condos for Sale
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View 2 bedroom Sea Ranch Lakes condo 5200 N Ocean Blvd Lauderdale by the Sea for sale
View 2 bedroom Sea Ranch Lakes condo 5200 N Ocean Blvd Lauderdale by the Sea for sale

Sea Ranch Lakes North
Lauderdale by the Sea
Condo Prices by Bedroom

Here is our market summary report showing prices for Sea Ranch Lakes North Lauderdale by the Sea condos for sale by bedroom.

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1,000 $399,000 $399.00
2 / 2 1,330 $483,900 $320.00

We can from this report that for:

  • 1 bedroom Sea Ranch Lakes North Lauderdale by the Sea condos for the sale the median list price is $399,000 – this being for a 1 bedroom 1 bathroom 1000 square foot unit with a list price to square foot price of $399.00 – In our last post the median was the same at $399,000 – this being for a 1 bedroom 1 bathroom 1000 square foot unit with a list price to square foot price of $399.00
  • 2 bedroom Sea Ranch Lakes North Lauderdale by the Sea condos for the sale the median list price is $483,900 this being for a 2 bedroom 2 bathroom 1330 square foot unit with a list price to square foot price of $320.00 – In our last post the median for 2 bedroom Sea Ranch Lakes North condos for the sale was also the same at $483,900 – this being for a larger 2 bedroom 2 bathroom 1540 square foot unit with a list price to square foot price of $328.00
  • Currently there are no 3 bedroom Sea Ranch Lakes North Lauderdale by the Sea condos for the sale – In the last post when 3 bedroom units were for sale the median for 3 bedroom Sea Ranch Lakes North condos for the sale was $680,000 – this being for a 3 bedroom 2 bathroom 1708 square foot unit with a list price to square foot price of $398.00
View Sea Ranch Lakes condo 5200 N Ocean Blvd Lauderdale by the Sea just listed for sale Unit 1412B
Sea Ranch Lakes condo 5200 N Ocean Blvd Lauderdale by the Sea just listed for sale # 1412B

Sea Ranch Lakes North
New Listings

There has been 1 new listings of a Sea Ranch Lakes North Lauderdale by the Sea condo for sale over the last 30 days – this is up from no new listings as in our last post!

Our market analysis report for this unit is presented below:

BEDS / BATHS LA LP$
Unit 1412B 2 / 2 1,330 $425,000

We can see from this report that Unit 1412B a 2 bedroom Sea Ranch Lakes North condo has just been listed for sale for $425,000this 2 bedroom 2 bathroom 1330 square foot unit has a list price to square foot price of $320.00

Unit 1412B is a remodeled & very clean condo with beautiful Western views of Sea Ranch Lakes Village and breathtaking sunsets!

This Lauderdale by the Sea direct oceanfront condo boasts a custom kitchen, 42” cabinets, granite counters and a modern back splash with wine glass rack suspended over the deep kitchen sink.

The unit has Neutral, bright tiles throughout, an open kitchen to the living room and dining. All windows & sliding door are impact.

The unit is offered furnished “turn-key”

View Sea Ranch Lakes condo 5200 N Ocean Blvd Lauderdale by the Sea pending sale Unit 1609D
View Sea Ranch Lakes condo 5200 N Ocean Blvd Lauderdale by the Sea pending sale # 1609D

Sea Ranch Lakes North
Pending Sales
There is currently 1 unit pending sale here in Sea Ranch Lakes North Lauderdale by the Sea – In our last post there were no units pending sale.

Our market analysis report for this unit is presented below:

BEDS / BATHS LA LP$
Unit 1609D 3 / 2 1,780 $899,000

We can see from this report that Unit 1609D a 3 Bedroom Sea Ranch Lakes North condo listed for sale for $899,000 is now under contract and is pending salethis 3 bedroom 2 bathroom 1780 square foot unit has a list price to square foot price of $505.00

Unit 1609D is a penthouse on beautiful Lauderdale-by-the-Sea beach.  This sophisticated condo was extensively remodeled in 2019 and boasts a custom kitchen, quartz countertops and 42” solid wood cabinetry.

All 3 bedrooms and the living room of this unit have access to balcony and feature floor to ceiling sliding impact doors.

Unit 1609D offers South and East views, an open floor plan from the kitchen to the living room and then out to the large balcony – which is ideal for entertaining.

View Sea Ranch Lakes condo 5200 N Ocean Blvd Lauderdale by the Sea recently sold Unit 1009D
View Sea Ranch Lakes condo 5200 N Ocean Blvd Lauderdale by the Sea recently sold # 1009D

Sea Ranch Lakes North
Condo Sales Last 6 Months

There has been just 2 x Sea Ranch Lakes North condos Lauderdale by the Sea sold over the last 6 MonthsThis is down from the 3 units sold in our last post for May 2020 / June 2020!

Our market summary report for these 2 units is presented below.

BEDS / BATHS LA SP$
Min 2 / 2 1,540 $435,000
Max 3 / 2 1,708 $660,000
Avg 3 / 2 1,624 $547,500
Median 2 / 2 1,624 $547,500

We can also see from this report that the median sales price for Sea Ranch Lakes North condos sold over the last 6 months has been $547,000 – this being for a 2 bedroom 2 bathroom unit

In our last post the median sales price for Sea Ranch Lakes North condo sold over the last 6 months was lower at $435,000 – this also being for a 2 bedroom 2 bathroom unit

Sea Ranch Lakes North Condos
Sales Prices by Bedroom

Here is our market summary report showing median sales prices for Sea Ranch Lakes North condos Lauderdale by the Sea sold over the last 6 months – by bedroom.

BEDS / BATHS LA SP$ SP$/SqFt
2 / 2 1,540 $435,000 $282.00
3 / 2 1,708 $660,000 $386.00

We can see that for:

  • There have been no 1 Bedroom Sea Ranch Lakes North condos sold over the last 6 months – In the last post when 1 bedroom units had been sold the median sales price for 1 bedroom Sea Ranch Lakes North condos was $280,000 – this being for a 1 bedroom 1 bathroom 1000 square foot unit with a sales price to square foot price of $280.00
  • 2 bedroom Sea Ranch Lakes North condos sold over the last 6 months the median sales price has been $435,000 – this being for a 2 bedroom 2 bathroom 1540 square foot unit with a sales price to square foot price of $282.00 – In our last post the median sales price for 2 bedroom Sea Ranch Lakes North condos sold was lower at $407,500 – this being for a 2 bedroom 2 bathroom 1435 square foot unit with a sales price to square foot price of $284.00
  • 3 bedroom Sea Ranch Lakes North condos sold over the last 6 months the median sales price has been $660,000 – this being for a 2 bedroom 2 bathroom 1708 square foot unit with a sales price to square foot price of $386.00 – In our last post the median sales price for 3 bedroom Sea Ranch Lakes North condos sold was the same at$660,000 – this being for a 2 bedroom 2 bathroom 1708 square foot unit with a sales price to square foot price of $386.00

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for Sea Ranch Lakes North Lauderdale by the Sea condos sold over the last 6 months.

SP$/SqFt
Min $282.00
Max $386.00
Avg $334.00
Median $334.00

We can see from this report that the median sales price to square foot price has been $334.00 – this is up from $286.00 in our last post!

Also important to note is the highest square foot price paid at $386.00!

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Fort Lauderdale condos for sale here in Sea Ranch Lakes North Lauderdale by the Sea – 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 91%
Max 97%
Avg 94%
Median 94%

We can see from this report that the median sales price to list price for Sea Ranch Lakes North Lauderdale by the Sea condos sold over the last 6 months has been 94%  – this is down from 95% as in our last 2 posts!

This means if a Fort Lauderdale condo for sale here in Sea Ranch Lakes North is listed at $550,000 – then based on median sales data the condo could be expected to sell for 94% of that amount or $517,000 – based on median MLS data!

Days on Market

Days on market for Sea Ranch Lakes North Lauderdale by the Sea condos for sale is an important indicator on how strong demand is for Fort Lauderdale 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 43
Max 264
Avg 154
Median 153

We can see from this report that the the median days on market for condos sold over the last 6 months has been 153 days or just over 5 months!

It is important to note that this is well up from 57 days or just under 2 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.

Sea Ranch Lakes North
Condo Sales Itemized

Here is the data for the 2 x Sea Ranch Lakes North Lauderdale by the Sea condos sold over the last 6 months

BEDS / BATHS LA SP$
Unit 1009D 3 / 2 1,708 $660,000
Unit 515 2 / 2 1,540 $435,000

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 1009D a 3 bedroom unit which sold for $660,000.

This 3 bedroom 2 bathroom 1708 square foot unit has a sales price to square foot price of $386.00

This condo had just 43 days on market and sold for 97% of list price!

=Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Sea Ranch Lakes North condos Lauderdale by the Sea are units in a great direct oceanfront complex – just up from Galt Ocean Mile.

Currently we have a nice range of inventory of condos for sale with 6 units on offer – a mix of 1 bedroom and 2 bedroom units!

Sales over the last 6 months have been slow with just 2 units sold and 1 unit pending sale! Buyer and sales activity slowed right down due to the Corona Virus!

I am pleased to report however that buyer activity is picking back up as is sales activity for oceanfront units here in Lauderdale by the Sea and along Galt Ocean Mile!

I hope you have enjoyed my post on Sea Ranch Lakes North condos Lauderdale by the Sea

Kevin Wirth Fort Lauderdale Realtor