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$595,000

Beds
1
Baths
1.5
sq ft
1,265

3400 Galt Ocean Dr Unit 1008S, Fort Lauderdale, FL 33308

3400 Galt Ocean Dr Unit 1008S

Fort Lauderdale, FL 33308

  • 51 days on market
WELCOME TO YOUR DREAM HOME AND ENJOY OCEANFRONT LIVING AT IT'S BEST AT THE BEST BUILDING IN THE GALT OCEAN MILE. THIS BEAUTIFUL ONE BEDROM AND 1.5 BATH COMPLETELY RENOVATED, WITH ALL NEWTRAL TILES FLOORS, RENOVATED KITCHEN WITH GRANITE COUNTER TOPS AND BRAND NEW APPLIANCES, ALL IMPACT WINDOWS AND DOORS THROUGHOUT, RENOVATED BATHROOM, WASHER & DRYER & NEW AIR CONDITIONING. FORMAL DINNING ROOM WAS CONVERTED INTO A DEN/OFFICE. MAINTENANCE INCLUDES: WATER, SEWER, BASIC CABLE, WI-FI, PEST CONTROL, RESERVES & 24 HOURS SECURITY. CURRENT ASSESSMENT FOR THE NEW POOL, POOL DECK, LOBBY ROOF & FIRE SPRINKLERS, ALREADY PAID BY THE OWNER. NO PICKUP TRUCKS AND NO MOTORCYCLES ALLOWED.

Details

Property type

Condominium

Est. home value

$535,816

Lot size

Unknown

Price per sq ft

$471

Year built

1974

Annual property taxes

$8,252

Monthly HOA fee

$952

Price History

08/28/2024
Beaches

Beaches #F10458070

Listed
$595,000
+15.53%
09/25/2023
Beaches

Beaches #F10386826

Sold
$515,000

Schools & Community

Neighborhood: 

Galt Mile

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

400

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$165,150
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$382,250
Cash to seller
$165,150

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

September 2023

Original loan amount

$386,250

Est. remaining balance

$382,250

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

Luis Mendoza

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/18/2024 at 4:20 PM

Listing updated: 09/30/2024 at 3:43 PM

Listed by: Doris Cortes, Lauderdale Beach Properties Phone #: (954) 565-2900

MLS: Beaches #F10458070

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