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$1,025,000

Beds
2
Baths
2.0
sq ft
1,827

3430 Galt Ocean Dr Unit 506, Fort Lauderdale, FL 33308

3430 Galt Ocean Dr Unit 506

Fort Lauderdale, FL 33308

  • 1047 days on market
    • Price drop $74,000↓
DIRECT UNOBSTRUCTED OCEANFRONT ON ATLANTIC OCEAN.LIVING AREA ALMOST 2000 SQ FT. DEEDED GARAGE SPACE. CAN'T BEAT LOCATION OR SPACE. HUGE WRAP-AROUND BALCONY- ONE OF THE LARGEST ON GALT MILE-SEE ALL THE WAY TO POMPANO PIER. SEE THE SUNRISE EACH MORNING & THE MOONRISE EVENINGS. SWIM IN THE OCEAN DAILY....LIKE A PERMANENT VACATION. 2 BEDROOM-2 BATH. NEUTRAL POCELAIN TILE FLOORS THROUGHOUT. SPACIOUS LIVING-DINING ROOM WITH ENCLOSED BAR. UPDATED BATHS & KITCHEN W GRANITE COUNTERTOPS.DEN COULD BE A THIRD BEDROOM IF DESIRED. MASTER BATH DOUBLE STAINLESS SINKS. WALK-IN SHOWER & TUB/SHOWER COMBO. LAUNDRY ROOM IN APARTMENT. WALK TO GROCERY, DRUG STORE, BANKS, TEMPLE & MANY RESTAURANTS. HIGH IMPACT WINDOWS.

Details

Property type

Condominium

Est. home value

$1,026,312

Lot size

Unknown

Price per sq ft

$562

Year built

1966

Annual property taxes

$12,733

Monthly HOA fee

$1,985.33

Price History

07/29/2024
SEF

SEF #A11144355

Price change
$1,025,000
-0.49%
01/09/2022
SEF

SEF #A11144355

Listed
$1,030,000
+44.06%
02/20/2020
Beaches

Beaches #F10206720

Sold
$715,000

Schools & Community

Neighborhood: 

Galt Mile

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$489,525
Asking price
$1,025,000
Closing costs (~8% of asking)
-$82,000
Est. remaining loan balance
-$453,475
Cash to seller
$489,525

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

Seller’s Loan History

Lender

Fm Home Loans Llc

Loan start date

February 2020

Original loan amount

$500,500

Est. remaining balance

$453,475

Interest rate

3.74%

Loan type

New Conventional, 30 year

Seller

Amalia Abut

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?

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Status: Active

Tomo last checked: 11/22/2024 at 9:00 AM

Listing updated: 10/30/2024 at 8:30 AM

Listed by: Pablo Umansky, Urban Group Realty Corp. Phone #: (305) 216-8315

MLS: SEF #A11144355

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