Sea Ranch Lakes North Condos
Lauderdale by the Sea
2020 Pricing Guide
Welcome to our September 2020 / October 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 4 x Sea Ranch Lakes North Lauderdale by the Sea condos for sale (all 2 bedroom units)
There have been 2 closed sales over the last 6 months and 1 unit is pending sale (a 2 bedroom 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 $469,900 – $525,000
- Median List Price $504,450
– 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
– $870,000 for a 3 bedroom 2 bathroom unit - Median Sales Price to Sq Ft Price $386.00
- Median Sales Price to List Price 94%
- Median Days on Market 140 Days
Sea Ranch Lakes North Condos
July 2020 / August 2020
There are currently 4 x Sea Ranch Lakes North Lauderdale by the Sea condos for sale here in Fort Lauderdale FL – all 2 bedroom units!
This is down from our last post!
Our market analysis report for these 4 x Sea Ranch Lakes North Lauderdale by the Sea condos currently for sale is presented below:
| BEDS / BATHS | LA | LP$ | |
| Min | 2 / 2 | 1,330 | $469,900 |
| Max | 2 / 2 | 1,540 | $525,000 |
| Avg | 2 / 2 | 1,435 | $500,950 |
| Median | 2 / 2 | 1,435 | $504,450 |
We can see from the market report that the average price for a oceanfront condo for sale here in Sea Ranch Lakes North is $504,450 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet
In our last post for July 2020 / August 2020 the average price for a oceanfront condo for sale here in Sea Ranch Lakes North was lower at $461,150 – this being for a 2 bedroom 2 bathroom unit of 1345 square feet
We can also see that the median price for a oceanfront condo for sale here in Sea Ranch Lakes North is $504,450 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet
In our last post the median price for a oceanfront condo for sale here in Sea Ranch Lakes North was also lower at $454,450 – this being for a 2 bedroom 2 bathroom unit of 1540 square feet
Buying / Selling?
Call Me Today!
Kevin Wirth P.A. – Realtor
Sea Ranch Lakes North Specialist
kevinsellsmore@gmail.com
954-459-0337
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Sea Ranch Lakes North
Lauderdale by the Sea
Condo Prices by Bedroom
Here is our market summary report showing prices for Sea Ranch Lakes North Lauderdale by the Sea condos for sale by bedroom.
| BEDS / BATHS | LA | LP$ | LP$/SqFt |
| 2 / 2 | 1,435 | $504,450 | $347.00 |
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 our last post 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 $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 – In our last post the median for 2 bedroom Sea Ranch Lakes North condos for the sale was $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
- 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 $398.00
Sea Ranch Lakes North
New Listings
There has been 1 new listings of a Sea Ranch Lakes North Lauderdale by the Sea condo for sale over the last 30 days
This is down from 1 new listing as in our last post – this being Unit 1412B a 2 bedroom 2 bathroom condo!
Sea Ranch Lakes North
Pending Sales
There is currently 1 unit pending sale here in Sea Ranch Lakes North Lauderdale by the Sea
In our last post there was also 1 unit pending sale – this being Unit 1609D a 2 bedroom 2 bathroom condo!
Our market analysis report for this unit is presented below:
| BEDS / BATHS | LA | LP$ | |
| 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 listed for sale for $425,000 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 $320.00
Unit 1412B is remodeled and very clean with beautiful Western views!
Unit 1412B boasts a custom kitchen 42” cabinets, Granite counters, modern back splash and wine glass rack suspended over a deep kitchen sink. The condo has neutral, bright tiles throughout, an open kitchen to the living room and dining area.
The balcony offers views of the Intracoastal and all windows and the sliding door are impact.
Sea Ranch Lakes North
Condo Sales Last 6 Months
There has been just 2 x Sea Ranch Lakes North condos Lauderdale by the Sea sold over the last 6 Months
This is the same number units sold as in our last post for July 2020 / August 2020!
Our market summary report for these 2 units is presented below.
| BEDS / BATHS | LA | SP$ | |
| Min | 2 / 2 | 1,540 | $435,000 |
| Max | 3 / 2 | 1,780 | $870,000 |
| Avg | 3 / 2 | 1,660 | $652,500 |
| Median | 2 / 2 | 1,660 | $652,500 |
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 $652,500 – this being for a 2 bedroom 2 bathroom unit – up from our last 2 posts!
In our last post the median sales price for Sea Ranch Lakes North condo sold over the last 6 months was lower at $547,000 – this being for a 2 bedroom 2 bathroom unit
In prior 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 | 1,780 | $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 $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 the same 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 lower 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 | $489.00 |
| Avg | $386.00 |
| Median | $386.00 |
We can see from this report that the median sales price to square foot price has been $386.00 – this is up from $334.00 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 | 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 the same as in our last post but down from 95% as in our prior 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 $517,000 – based on median MLS data!
Days on Market
Days on market for Sea Ranch Lakes North Lauderdale by the Sea condos for sale is an important indicator on how strong demand is for Fort Lauderdale condos for sale in this complex.
Here is the market analysis report for Days on Market based on condo sales over the last 6 months.
| DOM | |
| Min | 16 |
| Max | 264 |
| Avg | 140 |
| Median | 140 |
We can see from this report that the the median days on market for condos sold over the last 6 months has been 140 days or just over 4.5 months!
This is down from 153 days as in our last post!
Days on market is the time from when the condo was listed for sale till the condo sold AND closed.
Sea Ranch Lakes North
Condo Sales Itemized
Here is the data for the 2 x Sea Ranch Lakes North Lauderdale by the Sea condos sold over the last 6 months
| BEDS / BATHS | LA | SP$ | |
| Unit 1609D | 3 / 2 | 1,780 | $870,000 |
| Unit 515 | 2 / 2 | 1,540 | $435,000 |
We can see from this report that:
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 515 a 2 Bedroom Sea Ranch Lakes North condo sold for $435,000 – this 2 bedroom 2 bathroom 1540 square foot unit has a sales price to square foot price of $282.00
Unit 515 has been completely renovated and offers a wonderful Ocean view!
Unit 515 features: new marble and wood floors, Impact windows and custom mirror work. The condo has additional storage and its own deeded parking underground.
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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 nice inventory of 2 bedroom condos for sale with 4 units on offer!
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