View The Galleon 4100 Galt Ocean Drive Fort Lauderdale condo for sale

The Galleon Condos

The Galleon
Galt Ocean Mile Condos

Welcome to our December 2018 / January 2019 post on The Galleon Galt Ocean Mile Condos for Sale Fort Lauderdale.

Fort Lauderdale condos for sale here in The Galleon are highly sought afteras these direct oceanfront units are set right on the beach here on Galt Ocean Mile.

 

Search The Galleon Condos for Sale

 

At the time of writing this Blog there are 10 condos for sale here at The Galleon on Galt Ocean Mile – 2 of which are new listings!

There is currently 1 unit pending sale and we have had 3 units sold 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 for units over the last 6 months!

We also compare recent sales trends in The Galleon – Important information for both buyers and sellers!

The Galleon
Galt Ocean Mile – Key Statistics
Galleon Condominium Apartments Inc Fort Lauderdale, Florida
Address: 4100 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • Prices from $345,000 – $1,099,990
  • Median List Price $637,000
     – 2 Bedroom 2 Bathroom Unit

Median Sales Prices

  • Sales Price last 6 Months $315,000
    – 2 Bedroom 2 Bathroom Unit
  • Sales Price to Square Foot Price $244.00
  • Median Sales to List Price 92%
  • Days on Market 186 Days
Aerial view The Galleon condominium 4100 Galt Ocean Drive Fort Lauderdale
Aerial view of The Galleon condominium 4100 Galt Ocean Drive Fort Lauderdale

The Galleon
Condos for Sale

There are currently 10 x The Galleon Galt Ocean Mile condos for sale here in Fort Lauderdale Florida.

Note the number of condos for sale is down from 13 condos for sale as in our last post on The Galleon Condos for sale for October / November 2018 

Our market analysis for these 10 x Galt Ocean Mile oceanfront condos for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 1,150 $345,000
Max 3 / 2 2,740 $1,099,990
Avg 2 / 2 1,793 $619,198
Median 2 / 2 1,810 $637,000

We can see from this report that the average price for a Fort Lauderdale condo for sale here in The Galleon is $619,198 – this being for a 2 bedroom 2 bathroom unit of 1793 square feet.

We can also see from this report that the median price for a condo for sale here in The Galleon is $637,000 – this being for a 2 bedroom 2 bathroom unit of 1810 square feet – the median price is down from our last 2 posts!

In our last post for the median price for a condo for sale here in The Galleon was higher at $649,000 – this being for a 2 bedroom 2 bathroom unit of 1850 square feet

In our prior post for the median price for a condo for sale here in The Galleon was higher at $659,000 – this being for a 2 bedroom 2 bathroom unit of 1895 square feet.

We can also see from this report the range of prices for Galleon condos for sale – which start at $345,000 for a 1 bedroom unit and go up-to $1,099,990 for a luxury 3 bedroom unit.

Square Foot Prices
Condos for Sale

Here is our market summary report showing square foot prices for Fort Lauderdale Condos here in The Galleon Galt Ocean Mile.

LP$/SqFt
Min $255.00
Max $401.00
Avg $333.00
Median $342.00

We can see from this report that the average price per square foot for a unit here in The Galleon is $333.00 – per square foot.

We can also see from this report that median list price to square foot price for a Galt Ocean MIle condo for sale here in The Galleon is $342.00 – the same as in our last post!

Also note the highest square foot price for a Galleon oceanfront condo for sale at $401.00 per square foot!

The Galleon
Prices by Bedroom

Here is our market summary report showing median price for The Galleon Galt Ocean Mile condos for sale by bedroom.

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1,320 $349,990 $265.00
2 / 2 1,850 $649,000 $346.00
3 / 2 2,570 $1,024,495 $398.00

We can see from this report that the median price for:

  • 1 Bedroom condos for sale in The Galleon is $349,990 – this being for a 1 bedroom 1 bathroom unit of 1320 square feet with a list price to square foot price of $265.00
  • 2 Bedroom condos for sale in The Galleon is $649,000 – this being for a 2 bedroom 2 bathroom unit of 1850 square feet with a list price to square foot price of $346.00
  • 3 Bedroom condos for sale in The Galleon is $1,024,495 – this being for a 3 bedroom 2 bathroom unit of 2570 square feet with a list price to square foot price of $398.00
View Galt Ocean Mile condo just listed for sale The Galleon - Unit 508
View Galt Ocean Mile condo just listed for sale The Galleon – Unit 508

The Galleon Condos
New Listings

There has been 2 new listings of Galleon Galt Ocean Mile condos for sale over the last 30 days

In our last post there were also 2 new listing of a Galleon condo for sale – Unit 908 and Unit 802!

Our market analysis report for these 2 x new listings is presented below.

CONDO BEDS / BATHS LA LP$
Unit 508 2 / 2 2,000 $625,000
Unit 404 1 / 1 1,320 $349,990

We can see that:

 The Galleon unit 508 a 2 bedroom condo has just been listed for sale $625,000this 2 bedroom 2 bathroom 2000 square foot unit has a list price to square foot price of $313.00

Unit 508 offers a spectacular ocean view!

This Galt Ocean Mile condo for sale has an open kitchen with stainless steel appliances, tile floors with wood floors in the bedrooms, crown molding, electric shades and a full size washer/dryer.   The unit has floor to ceiling hurricane windows and hurricane shutters and 1 garage parking space.

The Galleon unit 404 a 1 bedroom condo has just been listed for sale $349,990this 1 bedroom 1 bathroom 1320 square foot unit has a list price to square foot price of $265.00

Unit 404 is beautiful condo overlooking the ocean!

This Galt Ocean Mile condo for sale is reasonably priced and ready for immediate occupancy!

View Galt Ocean Mile condo pending sale The Galleon - Unit 802
View Galt Ocean Mile condo pending sale The Galleon – Unit 802

The Galleon Condos
Pending Sales

There is currently just 1 x The Galleon Galt Ocean Mile condo that is under contract and is pending sale

There was also just 1 condo pending sale in each of our last 4 posts!

The market analysis report for this condo is presented below:

CONDO BEDS / BATHS LA LP$
Unit 802 1 / 1 1,370 $399,000

We can see from this report that The Galleon condo unit 802 offered for sale for $399,000 is now pending salethis 2 bedroom 2 bathroom 1370 square foot unit has a list price to square foot price of $291.00.  

Unit 802 is a unique over-sized and totally upgraded condo breathtaking direct ocean views right from your own balcony!

This Galt Ocean Mile condo has had over $100k of upgrades.


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth P.A. – Realtor
Galt Ocean Mile Specialist
kevinsellsmore@gmail.com
954-459-0337

Click here to email me now

Galt Ocean Mile Condos for Sale
View Galt Ocean Mile New Listings

View Galt Ocean Mile condo recently sold The Galleon 4100 Galt Ocean Drive - Unit 309
View Galt Ocean Mile condo recently sold The Galleon 4100 Galt Ocean Drive – Unit 309

The Galleon Condos
Recent Sales – Last 6 Months

There have been just 3 x The Galleon Galt Ocean Mile condos sold over the last 6 months – up from our last post!

There were 2 condos sold over the preceding 6 months as in our last post on The Galleon condos for October / November 2018. 

The market analysis report for these 3 x direct oceanfront units is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 1,190 $290,000
Max 3 / 2 2,480 $510,000
Avg 2 / 2 1,723 $391,667
Median 2 / 2 1,500 $375,000

We can see from this report that the median price for a Galt Ocean Mile condo sold here in Galleon over the last 6 months has been $375,000 – this being for a 2 bedroom 2 bathroom unit!

We can also see that the highest sale was $510,000 and the lowest sale was $290,000 – both of these sales were for 1 bedroom units!

Pool views The Galleon condominium Galt Ocean Mile Fort Lauderdale
Lovely pool views at The Galleon condominium on Galt Ocean Mile in Fort Lauderdale

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for ALL of the Fort Lauderdale Condos sold in The Galleon over the last 6 months.

SP$/SqFt
Min $206.00
Max $250.00
Avg $233.00
Median $244.00

We can see from this report that the median sales price to square foot price paid for a The Galleon condo sold over the last 6 months has been $244.00 per square foot

Also important to note is the highest square foot price paid at $250.00! 

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for The Galleon 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 94%
Avg 92%
Median 92%

We can see from this report that the median sales price to list price for Galt Ocean Mile condos sold here in The Galleon  over the last 6 months has been 92%

A sales price to list price of 92% means of a condo was listed for sale for $500,000 then based on MLS data it could be expected to sell for 92% of the list price or $460,000!

Days on Market

Days on market for The Galleon Galt Ocean Mile condos for sale is an important indicator on how strong demand is for 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 112
Max 192
Avg 163
Median 186

We can see from this report that the median days on market for a Fort Lauderdale condo for Sale in The Galleon is 186 days or just over 6 month!

Days on market is the time from when the condo was listed for sale till the condo sold AND closed.

The Galleon Condos
Units Sold – Last 6 Months

Here is our market analysis report showing the details for each of the 3 x The Galleon Galt Ocean Mile condos sold over the last 6 months

CONDO BEDS / BATHS LA SP$
Unit 201 3 / 2 2,480 $510,000
Unit 1105 2 / 2 1,500 $375,000
Unit 309 1 / 1 1,190 $290,000

We can see from this report that the most expensive unit sold here in The Galleon over the last 6 months (Unit 201) sold for $510,000

This 3 bedroom 2 bathroom 2480 square foot unit had a sales price to square foot price of $206.00

Unit 201 had 186 days on market and sold for 90% of list price!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

Mt Thoughts / Summary

The Galleon Galt Ocean Mile condos are units in a great well run condominium – with very spacious units offering superb views and amenities.

Currently we have a great range of condos for sale – with 10 units on offer – including 1, 2 and 3 bedroom units!

Sales have been slow over the last 6 months with just 3 units sold – however I am confident that the New Year will see much more buyer activity!

I hope you have enjoyed reading my blog on Fort Lauderdale condos for sale here in The Galleon  – by Kevin Wirth Realtor