Sea Ranch Lakes North Condos
Lauderdale by the Sea
2020 Pricing Guide
Welcome to our November 2020 / December 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 2 x Sea Ranch Lakes North Lauderdale by the Sea condos for sale – 1 of which is a new listing.
There have been 3 closed sales over the last 6 months and 3 units are currently 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 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 $483,900 – $629,900
Median Sales Prices
- Sales Price $490,000
– 2 Bedroom 2 Bathroom Unit
- Median Sales Price to Sq Ft Price $368.00
- Median Sales Price to List Price 97%
- Median Days on Market 74 Days
Sea Ranch Lakes North Condos
November 2020 / December 2020
There are currently 2 x Sea Ranch Lakes North Lauderdale by the Sea condos for sale here in Fort Lauderdale FL – This is down from our last post!
Our market analysis report for these 2 x Sea Ranch Lakes North Lauderdale by the Sea condos currently for sale is presented below:
| BEDS / BATHS | LA | LP$ | |
| Min | 2 / 2 | 1,540 | $483,900 |
| Max | 3 / 2 | 1,708 | $629,900 |
| Avg | 3 / 2 | 1,624 | $556,900 |
| Median | 2 / 2 | 1,624 | $556,900 |
We can also see that the median price for a oceanfront condo for sale here in Sea Ranch Lakes North is $556,900 – this being for a 2 bedroom 2 bathroom unit of 1624 square feet
In our last post the median price for a oceanfront condo for sale here in Sea Ranch Lakes North was lower at $504,450 – this being for a smaller 2 bedroom 2 bathroom unit of 1435 square feet
Buying / Selling?
Call Me Today!
Kevin Wirth P.A. – Realtor
Sea Ranch Lakes North Specialist
kevinsellsmore@gmail.com
954-459-0337
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Sea Ranch Lakes North
Lauderdale by the Sea
Condo Prices by Bedroom
Here is our market summary report showing prices for Sea Ranch Lakes North Lauderdale by the Sea condos for sale by bedroom.
| BEDS / BATHS | LA | LP$ | LP$/SqFt |
| 2 / 2 | 1,540 | $483,900 | $314.00 |
| 3 / 2 | 1,708 | $629,900 | $369.00 |
We can from this report that for:
- There have been no 1 bedroom Sea Ranch Lakes North Lauderdale by the Sea condos sold over the last 6 months – based on MLS data – In the last post when 1 bedroom units were for sale the median was $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 1540 square foot unit with a list price to square foot price of $314.00 – In our last post the median for 2 bedroom Sea Ranch Lakes North condos for the sale was higher at $504,450 – this being for a 2 bedroom 2 bathroom 1435 square foot unit with a list price to square foot price of $347.00
- 3 bedroom Sea Ranch Lakes North Lauderdale by the Sea condos for the sale the median list price is $629,900 – this being for a 2 bedroom 2 bathroom 1708 square foot unit with a list price to square foot price of $369.00 – In our last post there were no 3 bedroom condos for sale – However 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 higher at $680,000 – this being for a 3 bedroom 2 bathroom 1708 square foot unit with a list price to square foot price of $398.00
Sea Ranch Lakes North
New Listings
There has been 1 new listings of a Sea Ranch Lakes North Lauderdale by the Sea condo for sale over the last 30 days
Our market analysis report for this new listing is presented below:
| BEDS / BATHS | LA | LP$ | |
| Unit 209D | 3 / 2 | 1,708 | $629,900 |
We can see from this report that Unit 209D a 3 Bedroom Sea Ranch Lakes North condo has just been listed for sale for $629,900 – this 3 bedroom 2 bathroom 1708 square foot unit has a list price to square foot price of $369.00
Unit 209D offers scenic ocean views from all 3 bedrooms and the living/dining room area!
Unit 209D is a South-Easterly facing L-shaped balcony is accessible from both the Living Room and the ”2nd” Bedroom.
The front entry foyer leads into the spacious formal living room, while the conveniently located side entrance provides direct access to the kitchen (ideal for bringing in groceries). The ”eat-in” galley-style kitchen features brand-new appliances, which include a dishwasher, oven/range, microwave, refrigerator and an over-under washer and dryer.
Sea Ranch Lakes North
Pending Sales
There are currently 3 units pending sale here in Sea Ranch Lakes North Lauderdale by the Sea – In our last post there was just 1 unit pending sale – this being Unit 1412B a 2 bedroom 2 bathroom condo!
Our market analysis report for these units is presented below:
| BEDS / BATHS | LA | LP$ | |
| Unit 1015 | 2 / 2 | 1,540 | $495,000 |
| Unit 407B | 2 / 2 | 1,330 | $449,900 |
| Unit 308B | 2 / 2 | 1,200 | $399,900 |
We can see from this report that:
Unit 1015 a 2 Bedroom Sea Ranch Lakes North condo listed for sale for $495,000 is under contract and is pending sale – this 2 bedroom 2 bathroom 1540 square foot unit has a list price to square foot price of $321.00
Unit 1015 is completely repainted in white, immaculate condition and move-in ready
The unit has a spacious 10th-floor South-West corner balcony offering a panoramic ocean view and spectacular sunsets. The complete bathroom, living and kitchen renovations and upgrades.
Unit 407B a 2 Bedroom Sea Ranch Lakes North condo listed for sale for $449,900 is under contract and is pending sale – this 2 bedroom 2 bathroom 1330 square foot unit has a list price to square foot price of $338.00
Unit 407B offers direct ocean views from every room!
This beautiful condo is located on the South East side of the building providing the perfect natural lighting. The unit features: hurricane impact windows and doors, new patio, new water heater, a washer and dryer, tile in living areas and carpet in the bedrooms. There is an assigned underground garage parking spot.
Unit 308B a 2 Bedroom Sea Ranch Lakes North condo listed for sale for $399,900 is under contract and is pending sale – this 2 bedroom 2 bathroom 1200 square foot unit has a list price to square foot price of $333.00
Unit 308B is a beautiful and bright condo with an ocean view!
The unit’s features include: hurricane impact windows and doors and tiled floors throughout. There is a washer and dryer inside the condo.
Sea Ranch Lakes North
Condo Sales Last 6 Months
There has been 3 x Sea Ranch Lakes North condos Lauderdale by the Sea sold over the last 6 Months
This is up slightly from the 2 x units sold as in our last post for September 2020 / October 2020!
Our market summary report for these 3 units is presented below.
| BEDS / BATHS | LA | SP$ | |
| Min | 2 / 2 | 1,330 | $410,000 |
| Max | 3 / 2 | 1,780 | $870,000 |
| Avg | 2 / 2 | 1,480 | $590,000 |
| Median | 2 / 2 | 1,330 | $490,000 |
We can see from this report that the average sales price for Sea Ranch Lakes North condos sold over the last 6 months has been $590,000 – this being for a 2 bedroom 2 bathroom unit
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 $490,500 – this being for a 2 bedroom 2 bathroom unit
Sea Ranch Lakes North Condos
Sales Prices by Bedroom
Here is our market summary report showing median sales prices for Sea Ranch Lakes North condos Lauderdale by the Sea sold over the last 6 months – by bedroom.
| BEDS / BATHS | LA | SP$ | SP$/SqFt |
| 2 / 2 | 1,330 | $475,000 | $450.00 |
| 3 / 2 | 1,780 | $870,000 | $489.00 |
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 $475,000 – this being for a 2 bedroom 2 bathroom 1330 square foot unit with a sales price to square foot price of $450.00 – In our last post the median sales price for 2 bedroom Sea Ranch Lakes North condos sold was lower at $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
- 3 bedroom Sea Ranch Lakes North condos sold over the last 6 months the median sales price has been $870,000 – this being for a 2 bedroom 2 bathroom 1780 square foot unit with a sales price to square foot price of $489.00 – In our last post the median sales price for 3 bedroom Sea Ranch Lakes North condos sold was the same at $870,000 – this being for a 2 bedroom 2 bathroom 1780 square foot unit with a sales price to square foot price of $489.00
Square Foot Prices
Condos Sold
Here is our market summary report showing square foot prices paid for Sea Ranch Lakes North Lauderdale by the Sea condos sold over the last 6 months.
| SP$/SqFt | |
| Min | $308.00 |
| Max | $489.00 |
| Avg | $388.00 |
| Median | $368.00 |
We can see from this report that the median sales price to square foot price has been $368.00 – this is down from $386.00 in our last post!
Also important to note is the highest square foot price paid at $489.00!
% Sales to List Price
An important real estate indicators that is important to note is how much buyers are paying for Fort Lauderdale condos for sale here in Sea Ranch Lakes North Lauderdale by the Sea – we can gauge this based on the percentage of sales price to list price paid by buyers.
The market analysis report for this is presented below:
| SP$/LP$ | |
| Min | 93% |
| Max | 97% |
| Avg | 96% |
| Median | 97% |
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 97%
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 97% of that amount or $533,500 – based on median MLS data!
It is important to note that this is well up from 94% as in our last post!
Days on Market
Days on market for Sea Ranch Lakes North Lauderdale by the Sea condos for sale is an important indicator on how strong demand is for Fort Lauderdale condos for sale in this complex.
Here is the market analysis report for Days on Market based on condo sales over the last 6 months.
| DOM | |
| Min | 16 |
| Max | 104 |
| Avg | 65 |
| Median | 74 |
We can see from this report that the the median days on market for condos sold over the last 6 months has been 74 days or just over 10 weeks!
It is important to note that this is well down from 140 days or just over 4.5 months as in our last post!
Days on market is the time from when the condo was listed for sale till the condo sold AND closed.
Sea Ranch Lakes North
Condo Sales Itemized
Here is the data for the 3 x Sea Ranch Lakes North Lauderdale by the Sea condos sold over the last 6 months
| BEDS / BATHS | LA | SP$ | |
| Unit 1609D | 3 / 2 | 1,780 | $870,000 |
| Unit 605B | 2 / 2 | 1,330 | $490,000 |
| Unit 1412B | 2 / 2 | 1,330 | $410,000 |
We can see from this report the details for each unit as well as the most expensive unit sold over the last 6 months – which was for Unit 1609D.
Unit 1609D a 3 Bedroom Sea Ranch Lakes North condo sold for $870,000 – this 3 bedroom 2 bathroom 1780 square foot unit has a sales price to square foot price of $489.00
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.
Unit 1609D sold for $489.00 per square foot.
Unit 1609D sold for 97% of its list price and had just 16 days on market!
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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 low inventory of condos for sale with 2 units on offer!
I am happy to report that sales over the last 6 months have picked up with 3 units sold and 3 units pending sale!
Buyer and sales activity had slowed right down in the early part of the year due to the Corona Virus!
I hope you have enjoyed my post on Sea Ranch Lakes North condos Lauderdale by the Sea