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HELLOCONDO BUYER'S BRIEF

1-Bedroom Condos Under 500k in Galt Mile Fort Lauderdale, FL

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Star IconWhat to know
  • The Galt Mile is a vibrant community with a median age of 59 years, making it a desirable location for mature residents. The largest demographic group consists of those aged 55 to 59, with many earning up to $85,132 annually.
  • The neighborhood primarily attracts individuals in the 55 to 59 age range, offering a stable income and community-centered living.

Market Overview

AVG. DAYS ON MARKET
150
Trending Up52.28% year over year
AVG. SOLD PRICE
$414,525
Trending Up9.23% year over year

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Frequently Asked Questions About Fort Lauderdale, FL

What is it like to live in Galt Mile, Fort Lauderdale, FL?

Living in Galt Mile offers a coastal lifestyle with proximity to the beach and an abundance of restaurants and shops. The area features high-rise condominiums and a strong sense of community, attracting both retirees and young professionals. Residents enjoy a vibrant atmosphere with access to outdoor activities and scenic views.

Is Galt Mile, Fort Lauderdale, FL expensive?

Galt Mile is considered one of the more expensive areas in Fort Lauderdale, featuring luxury condominiums and waterfront properties. The cost of living is above the national average, driven by real estate prices and amenities in the vicinity.

What is the weather of Galt Mile, Fort Lauderdale, FL?

Galt Mile has a tropical rainforest climate, characterized by hot and humid summers, with temperatures averaging in the mid to upper 80s °F (29-32 °C), and mild winters with average temperatures around the mid 60s to low 70s °F (18-22 °C). Rainfall is frequent during the summer months, while winters tend to be drier. The region is also vulnerable to tropical storms and hurricanes from June to November.

How safe is Galt Mile, Fort Lauderdale, FL?

Galt Mile is generally considered a safe area, with lower crime rates compared to other parts of Fort Lauderdale. The community has a strong presence of law enforcement and active neighborhood watch groups, contributing to a sense of security among residents.