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

The Galleon Condos

The Galleon
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our September 2020 / October 2020 pricing guide for 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 7 x Galleon Galt Ocean Mile condos for sale – a mix of 1 and 2 bedroom units.

There have been just 2 units sold over the last 12 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 & 12 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
  • List Prices from $360,000 – $880,000
  • Median List Price $555,000
    – 2 Bedroom 2 Bathroom Unit
  • Sales Prices from $375,000 – $405,000
  • Median Sales Price last 12 Months $390,000
    – 1 Bedroom 1 Bathroom Unit
  • Median Sales Price to Square Ft Price $295.00
  • Median Sales Price to List Price 96%
  • Median Days on Market 50 Days
Beach view Galt Ocean Mile condominium The Galleon 4100 Galt Ocean Drive Fort Lauderdale for sale
Beach view Galt Ocean Mile condominium The Galleon 4100 Galt Ocean Drive Fort Lauderdale

The Galleon
Condos for Sale

There are currently 7 x The Galleon Galt Ocean Mile condos for sale here in Fort Lauderdale Florida.

Note: This is the same number of Galleon Galt Ocean Mile condos for sale as in our last post for July 2020 / August 2020!

Our market analysis for these 7 x Galt Ocean Mile oceanfront condos for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 1,300 $360,000
Max 2 / 2 2,350 $880,000
Avg 2 / 2 1,719 $551,143
Median 2 / 2 1,620 $555,000

We can see from this report that the average price for Galleon condos currently for sale is $551,143 – this being for a 2 bedroom 2 bathroom 1719 square foot unit!

In our last post the average price for Galleon condos currently for sale was lower at $540,429 – this being for a 2 bedroom 2 bathroom 1736 square foot unit!

We can also see from this report that the median price for Galleon condos currently for sale is $555,000 – this being for a 2 bedroom 2 bathroom 1620 square foot unit well up from our last post!

In our last post the median price for Galleon condos currently for sale was lower at $500,000 – this being for a 2 bedroom 2 bathroom 1620 square foot unit!

The Galleon Condos
New Listings

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

This is down from 2 new listings as our last post – Unit 110 a 2 bedroom 2 bathroom condo and Unit 602 a 1 bedroom 1 bathroom condo. 

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

The Galleon
Median List Prices
by Bedroom

Here is our market summary report showing the median list prices for Galleon Galt Mile condos currently for sale by Bedroom:

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1,335 $390,000 $292.00
2 / 2 1,940 $575,000 $342.00

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

1 Bedroom Galleon Galt Ocean Mile condos for sale is $390,000 – this being for a 1 bedroom 1 bathroom unit of 1335 square feet with a list price to square foot price of $292.00 – In our last post the median for 1 Bedroom Galleon Galt Ocean Mile condos for sale was the same at $390,000 – this being for a 1 bedroom 1 bathroom unit of 1335 square feet with a list price to square foot price of $292.00

2 Bedroom Galleon Galt Ocean Mile condos for sale is $575,000 – this being for a 2 bedroom 2 bathroom unit of 1940 square feet with a list price to square foot price of $342.00 – In our last post the median for 2 Bedroom Galleon Galt Ocean Mile condos for sale was a little lower at $555,000 – this being for a 2 bedroom 2 bathroom unit of 1940 square feet with a list price to square foot price of $309.00


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

Aerial view Galt Ocean Mile condominium The Galleon 4100 Galt Ocean Drive Fort Lauderdale
Aerial view Galt Ocean Mile condominium The Galleon 4100 Galt Ocean Drive Fort Lauderdale

The Galleon Condos
Pending Sales

There are currently no units under contract or pending sale here at The Galleon Galt Ocean Mile

This is down from 1 unit pending sale as in our last post – this being Unit 904 a 1 bedroom 1 bathroom condo.

The Galleon Condos
Recent Sales – Last 6 Months

There have been just 1 sale here at The Galleon Galt Ocean Mile over the last 6 months!

Our market analysis report for this unit is presented below:

BEDS / BATHS LA SP$
Unit 904 1 / 1 1,320 $405,000

We can see from this report that Unit 904 a 1 bedroom condo sold for $405,000this 1 bedroom 1 bathroom 1320 square foot unit had a sales price to square foot price of $307.00

Unit 904 sold for 97% of list price and had just 19 days on market!

Pool Ocean View Galt Ocean Mile condominium The Galleon 4100 Galt Ocean Drive Fort Lauderdale
Pool Views Galt Ocean Mile condominium The Galleon 4100 Galt Ocean Drive Fort Lauderdale

The Galleon Condos
Recent Sales – Last 12 Months

There have been just 2 x The Galleon Galt Ocean Mile condos sold over the last 12 months – both of these being 1 bedroom units!

It is important to note that this is well down from 5 sales over the preceding 12 months as per our last post for July 2020 / August and 9 sales over the preceding 12 months as in our prior post for May 2020 / June 2020

The market analysis report for these 2 x direct oceanfront units is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 1,320 $375,000
Max 1 / 1 1,320 $405,000
Avg 1 / 1 1,320 $390,000
Median 1 / 1 1,320 $390,000

We can also see from this report that the median price for a condo sold here in Galleon over the last 12 months has been $390,000 – this also being for a 1 bedroom 1 bathroom unit!

In our last post the median price for a condo sold here in Galleon over the preceding 12 months was slightly higher at $395,000 – this also being for a 2 bedroom 2 bathroom unit!

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 12 months by bedroom.

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 1,320 $390,000 $295.00

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

  • 1 Bedroom condos sold in The Galleon is $390,000 – this being for a 1 bedroom 1 bathroom unit of 1320 square feet with a sales price to square foot price of $284.00 – In our last post the median for 1 Bedroom condos sold in The Galleon was lower at $351,250 – this being for a 1 bedroom 1 bathroom unit of 1320 square feet with a sales price to square foot price of $284.00
  • There have been no 2 Bedroom condos sold in The Galleon over the last 6 months – In our last post the median for 2 Bedroom condos sold in The Galleon was $397,000 – this being for a 2 bedroom 2 bathroom unit of 1430 square feet with a sales price to square foot price of $278.00
  • There have been no 3 Bedroom condos sold in The Galleon over the last 6 months – In our last post the median for 3 Bedroom condos sold in The Galleon was $880,000 – this being for a 3 bedroom 2 bathroom unit of 2740 square feet with a sales price to square foot price of $321.00

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for ALL Galleon Galt Ocean Mile condos sold over the last 12 months.

SP$/SqFt
Min $284.00
Max $307.00
Avg $295.00
Median $295.00

We can see from this report that the median sales price to square foot price paid for a condo sold here in The Galleon over the last 12 months has been $295.00 per square foot – this is up from $284.00 as in our last post!

It is important to note the highest square foot price paid at $307.00!

% 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 95%
Max 97%
Avg 96%
Median 96%

We can see from this report that the median sales price to list price has been 96% – this is up from 94% as in our last post!

This means if a Fort Lauderdale condo for sale here in The Galleon is listed at $500,000 – then based on median sales data the condo could be expected to sell for 96% of that amount or $480,000.

Days on Market

Days on market for Galt Ocean Mile Condos for Sale in The Galleon is also an important indicator on how strong demand is for condos in this complex..

Here is the market analysis report for Days on Market based on condo sales over the last 12 months.

DOM
Min 19
Max 81
Avg 50
Median 50

We can see from this report that the median days on market at 50 days – this is down from 81 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.

The Galleon Sales
Last 12 Months by Unit

Here is our market summary report showing all sales here in The Galleon over the last 12 months by Unit.

BEDS / BATHS LA SP$
Unit 904 1 / 1 1,320 $405,000
Unit 804 1 / 1 1,320 $375,000

We can see from this report that:

Unit 904 a 1 bedroom Galleon condo sold for $405,000 – this 1 bedroom 1 bathroom 1320 square foot unit had a sales price to square foot price of $307.00.

View 1 bedroom Galt Ocean Mile condo The Galleon 4100 Galt Ocean Drive Fort Lauderdale recently sold Unit 904
1 bedroom Galt Ocean Mile condo The Galleon 4100 Galt Ocean Drive recently sold Unit 904

This Galt Ocean Mile condo is a spacious unit with a convertible bedroom/den and 1.5 bathrooms.

The unit has beautiful ocean views from the living room and over-sized balcony spanning length of unit!

The condo has been tastefully remodeled and features: a new kitchen including custom Shaker cabinetry, Quartz counters, Stainless Steel appliances and GE washer/dryer.  

Unit 904 sold for 97% of list price and had just 19 days on market!

Unit 804 a 1 bedroom Galleon condo sold for $375,000 – this 1 bedroom 1 bathroom 1320 square foot unit had a sales price to square foot price of $284.00.

View 1 bedroom Galt Ocean Mile condo The Galleon 4100 Galt Ocean Drive Fort Lauderdale recently sold Unit 804
1 bedroom Galt Ocean Mile condo The Galleon 4100 Galt Ocean Drive recently sold Unit 804

This Galt Ocean Mile condo is a recently renovated unit with 1.5 bathrooms right on the Atlantic Ocean.

Every little detail of this unit has been nurtured with style and elegance. The unit offers ultra luxury finishes including new porcelain floors, renovated kitchen with brand new Samsung appliances, washer / dryer, a large walk-in closet, restoration hardware vanities, 

This condo has high end hurricane impact windows / doors.

Unit 804 sold for 95% of list price and had 81 days on market!

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 Galt Ocean Mile condos for sale here at The Galleon with 7 units for sale.

Sales and showing activity has slowed right down in The Galleon due to the Corona Virus – a major contributor to just 1 sale over the last 6 months!

I am pleased to report however that buyer activity has really picked up over the last few weeks here on Galt Ocean Mile.

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