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$574,999

Beds
1
Baths
1.5
sq ft
1,265

3400 Galt Ocean Dr Unit 408S, Fort Lauderdale, FL 33308

3400 Galt Ocean Dr Unit 408S

Fort Lauderdale, FL 33308

  • 142 days on market
    • Price drop $20,001↓
Welcome to this beautiful oceanfront 1-bedroom + den, 1.5-bath condo at Southpoint on Galt Ocean Mile in Fort Lauderdale. This spacious 4th-floor unit offers ocean, garden, and water views, with vinyl floors, high-impact doors, and a split layout for added privacy. Southpoint is a luxury high-rise with resort-style amenities, including a fitness center, pool, tennis courts, BBQ area, and billiard room. Maintenance includes high-speed internet, cable, and water. Assigned garage parking, deeded beach access, and pet-friendly with restrictions. Leasing allowed after one year of ownership. Contact Prestige Waterfront Realty for a private tour!

Details

Property type

Condominium

Est. home value

$532,548

Lot size

Unknown

Price per sq ft

$455

Year built

1974

Annual property taxes

$7,723

Monthly HOA fee

$951.33

Price History

03/01/2025
Beaches

Beaches #F10468382

Price change
$574,999
-3.36%
01/16/2025
Beaches

Beaches #F10468382

Price change
$595,000
-3.25%
10/25/2024
Beaches

Beaches #F10468382

Listed
$615,000
+18.27%

Schools & Community

Neighborhood: 

Galt Mile

Elementary school: 

Bayview

Middle school: 

Sunrise

High school: 

Fort Lauderdale

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

$122,849
Asking price
$574,999
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$406,150
Cash to seller
$122,849

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

Seller’s Loan History

Lender

New American Funding

Loan start date

March 2023

Original loan amount

$416,000

Est. remaining balance

$406,150

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Tyrell E Baker and Meghann Baker

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: 03/16/2025 at 9:25 AM

Listing updated: 03/01/2025 at 6:45 AM

Listed by: Alex Tegov, Prestige Waterfront Realty Phone #: (954) 830-7000

MLS: Beaches #F10468382

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