View from a condo for sale in the South Tower of Southpoint here in Ft Lauderdale

Southpoint South Tower Fort Lauderdale

Southpoint – Galt Ocean Mile
Nov / Dec 2014 Blog

Search All Southpoint Condos for Sale

Southpoint is a direct oceanfront condominium of two separate towers set right on the beachfront here in Galt Ocean Mile.

The condominium also has 2 separate postal addresses 3400 & 3410 Galt Ocean Drive here in Fort Lauderdale

In this post I focus in on units in the sought after South Tower

There are currently 6 condos for sale in Southpoint South Tower  – of which 2 are new listings.

There are 3 condos pending sale and there have been 4 closed sales in the South Tower in the last 6 months.

In this report on Southpoint Condos Fort Lauderdale we review South Tower units for sale, new listings as well as pending sales, recent sales, sales prices and prices per Sq Ft in the South Tower.

Southpoint Condominium Condos for Sale
Market Analysis Report – South Tower

The following market report is for the 6 x Galt Ocean Mile condos for sale here in Southpoint / South Point on Galt Ocean Mile.

Pricing  #Beds #FBaths SF/FF List Price LP$/SqFt
High 3 2 2,112 $990,000 $469
Low 1 1 1,265 $349,900 $232
Average 2 2 1,756 $579,142 $322
Median 2 2 1,803 $545,000 $302

 

We can see from the market report on units for sale that the median price for a unit is $545,000 – this being for a 2 bedroom 2 bathroom unit of 1803 square feet.

In our last post the median price for a unit in Southpoint (both towers) was $385,000 – this being for a 2 bedroom 2 bathroom unit of 1662 square feet.

Kevin Wirth Fort Lauderdale Realtor

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Southpoint Condos for Sale
New Listings

There has been 2 new listing of condos for sale here in Southpoint South Tower over the last 30 days 

The market analysis report for these new listings is presented below,

Condo  #Beds #FBaths SF/FF List Price LP$/SqFt
Unit301S 2 2 1,891 $659,950 $349
Unit1808S 1 1 1,265 $349,900 $277
Median 1.5 1.5 1,578 $504,925 $313

 

We can see from this report that:

  • Unit 301 S has just been listed for sale – this 2 bedroom 2 bathroom 1891 square foot condo is offered for sale at $659,950 – with a list price to square foot price of $349.00
  • Unit 1808 S has also just been listed for sale – this 1 bedroom 1 bathroom 1265 square foot condo is offered for sale at $349,900 – with a list price to square foot price of $277.00

Unit 301 is a spectacular direct oceanfront corner unit with east/northeast ocean views

Unit 1808 offers views of the ocean from its 18th floor balcony that faces south/southeast.  The unit has a new eat-in kitchen with granite counter top and white on white appliances

View of the North and South Towers of Southpoint condominium here in Ft Lauderdale
View of the North and South Towers of Southpoint condominium here in Ft Lauderdale

Southpoint Condos
Pending Sales

There are currently 3 units pending sale here in Southpoint – South Tower.

Condo  #Beds #FBaths SF/FF List Price LP$/SqFt Days on Market
Unit708S 2 2 1,859 $499,000 $268 7
Unit810S 1 1 1,200 $369,900 $308 42
Unit1105S 1 1 1,153 $369,000 $320 169
Median 1 1 1,200 $369,900 $308 42

 

We can see from this report each of the units pending sale.

  • Unit 708 S a 2 bedroom 2 bathroom 1859 square foot condo offered for sale at $499,000 in now pending sale – this unit has a list price to square foot price of $268.00 and had just 7 days on market
  • Unit 810 S a 1 bedroom 1 bathroom 1200 square foot condo offered for sale at $369,900 in now pending sale – this unit has a list price to square foot price of $308.00 and had 42 days on market
  • Unit 1105 S a 1 bedroom 1 bathroom 1200 square foot condo offered for sale at $369,000 in now pending sale – this unit has a list price to square foot price of $320.00 and had 169 days on market – just under 6 months

Unit 708 S is a lovely sunny south corner condo with ocean and city views, a nicely appointed larger kitchen with eat in area and windows to sit by.  The units balcony faces south. 

Unit 810 S is a contemporary upgraded condo with granite & stainless appliances.

Unit 1105 S is also a totally renovated unit with Porcelanosa floors throughout, stainless steel appliances, a washer & dryer and custom closets galore.

View from a condo for sale in Southpoint's south tower
View from a condo for sale in Southpoint’s south tower

Southpoint South Tower
Recent Condo Sales

There has been 4 recent sales in South Point South Tower – this being for sales of condos over the last 6 Months. 

The market analysis report for these units is presented below.

 Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 2 2 1,662 $442,000 $266 96.3 662
Low 1 1 1,265 $310,000 $211 93.33 23
Median 2 2 1,662 $395,000 $245 95.52 81

 

We can see from this report that the median sales price for a unit over the last 12 months here in Southpoint Condominium Fort Lauderdale has been $395,000 – the same as in our last post which covered both towers!

This being for a 2 bedroom 2 bathroom unit of 1662 square feet with a list price to sales price of $245.00

Southpoint Sales Last 6 Months
1 Bedroom Condo Units

Of the 4 sales of condos in Southpoint South Tower over the last 6 months – just 1 sales has been for a 1 bedroom condo unit.

The market analysis report for this 1 bedroom unit is presented below.

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
1 1 1,265 $310,000 $245 95.39 662


We can see that this unit sold for $310,000 – with a sales price to square foot price of $245.000

Note: this unit sold for 95.39% of list price and had 662 days on market.

Southpoint Condo Unit 308S
3400 Galt Ocean Mile / Drive
Offered for Sale $325,000

Rarely available and most desired exposure facing south/south east in the South building of Southpoint here on Galt Ocean Mile!

This one bedroom is in original condition but it is well kept. The kitchen has an eat in area with sliding doors that go out to the balcony. There is good closet space, including a walk in closet in the bedroom. Washer/dryer in the unit,

This unit sold on the 10th of June 2014 for $310,000

Southpoint Sales Last 6 Months
2 Bedroom Condo Units

Of the 4 sales of condos in Southpoint South Tower over the last 6 months
– 3 sales have been for 2 bedroom condo units.

The market analysis report for these 2 bedroom units is presented below.

 Condo #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
Unit1403S 2 2 N/A $440,000 n/A 95.65 99
Unit1803S 2 2 1,662 $442,000 $266 96.3 23
Unit507S 2 2 1,662 $350,000 $211 93.33 64
Median 2 2 1,662 $440,000 $238 95.65 64


We can see that the median sales price for a 2 bedroom unit in Southpoint over the last 12 months has been $440,000.

This being for a 2 bedroom 2 bathroom unit of 1662 square feet with a list price to sales price of $238.00

We can also see from this report the data each of the units sold

  • Unit 1403 S a 2 bedroom 2 bathroom condo sold for $440,000 – this unit sold for 95.65% of list price and had just 99 days on market.
  • Unit 1803 S a 2 bedroom 2 bathroom condo sold for $442,000 – this unit sold for 96.3% of list price and had just 23 days on market.
  • Unit 507 S a 2 bedroom 2 bathroom condo sold for $350,000 – this unit sold for 93.33% of list price and had 64 days on market.

I hope you have enjoyed my Post on Southpoint Condos for Sale in the South Tower – Kevin Wirth Fort Lauderdale Realtor