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

The Galleon Condos

The Galleon
Galt Ocean Mile Condos

Welcome to our March 2019 / April 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 6 condos for sale here at The Galleon on Galt Ocean Mile 

There is currently 4 unit pending sale and we have had 5 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 $334,999 – $1,050,000
  • Median List Price $719,000
     – 2 Bedroom 2 Bathroom Unit

Median Sales Prices

  • Sales Price last 6 Months $380,000
    – 2 Bedroom 2 Bathroom Unit
  • Sales Price to Square Foot Price $254.00
  • Median Sales to List Price 92%
  • Days on Market 122 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 6 x The Galleon Galt Ocean Mile condos for sale here in Fort Lauderdale Florida.

Note the number of condos for sale is down from 10 condos for sale as in our last post on The Galleon Condos for sale for December 2018 / January 2019 

Our market analysis for these 6 x Galt Ocean Mile oceanfront condos for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 1,320 $334,999
Max 3 / 2 2,740 $1,050,000
Avg 2 / 2 1,953 $706,167
Median 2 / 2 1,895 $719,000

We can see from this report that the average price for a Fort Lauderdale condo for sale here in The Galleon is $706,167 – this being for a 2 bedroom 2 bathroom unit of 1953 square feet.

We can also see from this report that the median price for a condo for sale here in The Galleon is $719,000 – this being for a 2 bedroom 2 bathroom unit of 1895 square feet – the median price is up from our last post!

In our last post for the median price for a condo for sale here in The Galleon was lower at $637,000 – this being for a 2 bedroom 2 bathroom unit of 1810 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 $254.00
Max $412.00
Avg $351.00
Median $364.00

We can see from this report that the average price per square foot for a unit here in The Galleon is $351.00 – 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 $364.00 – this is up $342.00 as in our last post!

Also note the highest square foot price for a Galleon oceanfront condo for sale at $412.00 per square foot!

View 2 bedroom Galt Ocean Mile condo for sale The Galleon 4100 Galt Ocean Drive Fort Lauderdale
View 2 bedroom Galt Ocean Mile condo for sale The Galleon 4100 Galt Ocean Drive

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 $334,999 $254.00
2 / 2 1,850 $639,000 $345.00
3 / 2 2,570 $999,500 $389.00

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

  • 1 Bedroom condos for sale in The Galleon is $334,999 – this being for a 1 bedroom 1 bathroom unit of 1320 square feet with a list price to square foot price of $254.00
  • 2 Bedroom condos for sale in The Galleon is $639,000 – this being for a 2 bedroom 2 bathroom unit of 1850 square feet with a list price to square foot price of $345.00
  • 3 Bedroom condos for sale in The Galleon is $999,500 – this being for a 3 bedroom 2 bathroom unit of 2570 square feet with a list price to square foot price of $389.00

The Galleon Condos
New Listings

There has been no new listings of Galleon Galt Ocean Mile condos for sale over the last 30 days

In our last post there were 2 new listing of a Galleon condo for sale – Unit 508 and Unit 404!

View Galt Ocean Mile condo pending sale The Galleon 4100 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condo pending sale The Galleon 4100 Galt Ocean Drive Fort Lauderdale

The Galleon Condos
Pending Sales

There are currently 4 x The Galleon Galt Ocean Mile condos that are under contract and are pending sale

There was just 1 condo pending sale in each of our last 5 posts!

Our market analysis report for these condos is presented below:

CONDO BEDS / BATHS LA LP$
Unit 208 2 / 2 1,940 $667,500
Unit 508 2 / 2 2,000 $625,000
Unit 1202 1 / 1 1,370 $350,000
Unit 804 1 / 1 1,150 $300,000

We can see from this report that:

The Galleon condo unit 208 offered for sale for $667,500 is now pending salethis 2 bedroom 2 bathroom 1940 square foot unit has a list price to square foot price of $291.00.  

Unit 208 luxury condo fabulously and totally remodeled open concept move in ready and offers ocean views in every room.

This Galt Ocean Mile condo has chefs kitchen, a huge double sided Quartzite island, Bosch washer & dryer, custom wood cabinetry and Porcelain tiles through-out.

The Galleon condo unit 508 offered for sale for $625,000 is now pending salethis 2 bedroom 2 bathroom 2000 square foot unit has a list price to square foot price of $313.00.  

Unit 508 offers Spectacular views and features a huge balcony!

This Galt Ocean Mile condo has floor to ceiling hurricane windows & shutters and an open kitchen with stainless steel appliances. 

The Galleon condo unit 1202 offered for sale for $350,000 is now pending salethis 1 bedroom 1 bathroom 1370 square foot unit has a list price to square foot price of $255.00.  

Unit 1202 is beautiful and offers incredible ocean and canal views!

This Galt Ocean Mile condo is ready to remodel and features a large balcony off of living room and a huge master

The Galleon condo unit 804 offered for sale for $300,000 is now pending salethis 1 bedroom 1 bathroom 1150 square foot unit has a list price to square foot price of $261.00.  

Unit 804 offers fantastic ocean views and an extra large balcony with access from the living room and bedroom!

This Galt Ocean Mile condo comes with a one car garage space and plenty of guest parking. 


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 Fort Lauderdale Unit 908
Stunning views Galt Ocean Mile condo recently sold The Galleon 4100 Galt Ocean Drive

The Galleon Condos
Recent Sales – Last 6 Months

There have been 5 x The Galleon Galt Ocean Mile condos sold over the last 6 months – up from our last post!

There were 3 condos sold over the preceding 6 months as in our last post on The Galleon condos for December 2018 / January 2019 

The market analysis report for these 5 x direct oceanfront units is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 1,150 $292,500
Max 3 / 2 2,480 $690,000
Avg 2 / 2 1,688 $449,500
Median 2 / 2 1,500 $380,000

We can see from this report that the average price for a Galt Ocean Mile condo sold here in Galleon over the last 6 months has been $449,500 – this being for a 2 bedroom 2 bathroom unit!

We can also see from this report that the median price for a condo sold here in Galleon over the last 6 months has been $380,000 – this being for a 2 bedroom 2 bathroom unit!

We can also see that the highest sale was $690,000 and the lowest sale was $292,500 – both of these sales were for 1 bedroom units!

The Galleon
Sales Prices by Bedroom

Here is our market summary report showing the median sales price for The Galleon Galt Ocean Mile condos sold over the last 6 months by bedroom.

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 1,260 $336,250 $266.00
2 / 2 1,720 $532,500 $303.00
3 / 2 2,480 $510,000 $206.00

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

  • 1 Bedroom condos sold in The Galleon is $336,250 – this being for a 1 bedroom 1 bathroom unit of 12600 square feet with a sales price to square foot price of $266.00
  • 2 Bedroom condos sold in The Galleon is $639,000 – this being for a 2 bedroom 2 bathroom unit of 1720 square feet with a sales price to square foot price of $303.00
  • 3 Bedroom condos sold in The Galleon is $999,500 – this being for a 3 bedroom 2 bathroom unit of 2480 square feet with a sales price to square foot price of $206.00
View Galt Ocean Mile condominium The Galleon 4100 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condominium The Galleon 4100 Galt Ocean Drive 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 $356.00
Avg $269.00
Median $254.00

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 $254.00 per square foot – up from $244.00 as in our last post!

Also important to note is the highest square foot price paid at $356.00! 

% 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 85%
Max 95%
Avg 91%
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% – the same as in our last post!

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 43
Max 192
Avg 119
Median 122

We can see from this report that the median days on market for a Fort Lauderdale condo for Sale in The Galleon is 122 days or just over 4 months!

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 5 x The Galleon Galt Ocean Mile condos sold over the last 6 months

CONDO BEDS / BATHS LA SP$
Unit 908 2 / 2 1,940 $690,000
Unit 201 3 / 2 2,480 $510,000
Unit 802 1 / 1 1,370 $380,000
Unit 1105 2 / 2 1,500 $375,000
Unit 1103 1 / 1 1,150 $292,500

We can see from this report that the most expensive unit sold here in The Galleon over the last 6 months (Unit 908) sold for $690,000

This 2 bedroom 2 bathroom 1940 square foot unit had a sales price to square foot price of $356.00

Unit 908 had just 50 days on market and sold for 95% 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 6 units on offer – including 1, 2 and 3 bedroom units!

Sales have picked up over the last 6 months with 5 units sold and 4 units pending sale!

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