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$764,000

Beds
2
Baths
2.0
sq ft
1,435

3500 Galt Ocean Dr Unit 1002, Fort Lauderdale, FL 33308

3500 Galt Ocean Dr Unit 1002

Fort Lauderdale, FL 33308

  • 30 days on market
    • Price drop $15,000↓
SE VIEW, 1 UNIT FROM CORNER --- OCEAN, POOL, BEACH & MORE OCEAN POOL & BEACH FROM EVERY ROOM. TOTALLY REMODELED & UPDATED W/SS APPLIANCES & WINE CHILLER. OPEN FLOOR PLAN. MURPHY BED IN 2ND BR/DEN. BRING YOUR PERSONAL BELONGINGS - MOVE RIGHT IN. CUSTOM DESIGNED UNIT, ELECTRIC SHADES, IMPACT WINDOWS & DOOR. CUSTOM OVERSIZED WALK IN MASTER BEDROOM CLOSET. 2 WALK IN SHOWERS. FORMAL DINING AREA, WASHER/DRYER IN KITCHEN. GARAGE PARKING, EXTRA LARGE STORAGE ON SAME FLOOR. WALKING DISTANCE TO SUPERMARKET, RESTAURANTS, HAIRDRESSER, DRY CLEANER & MORE. THE ASSESSMENT HAS BEEN PAID FOR THE NEW ROOF, NEW ELEVATORS & MINOR CONCRETE REPAIR (BALCONIES NOT REMOVED). PLAYA DEL SOL IS THE MOST FINANCIALLY SOUND BLDG ON THE GALT. MODERN LOBBY, 2 GYMS, CARD & GAME ROOMS. DON'T WAIT, RUN TO ENJOY LIFE AT PDS.

Details

Property type

Condominium

Est. home value

$715,993

Lot size

Unknown

Price per sq ft

$533

Year built

1974

Annual property taxes

$6,183

Monthly HOA fee

$1,269.67

Price History

06/17/2024
Beaches

Beaches #F10443820

Price change
$764,000
-1.93%
06/02/2024
Beaches

Beaches #F10443820

Listed
$779,000
+42.94%
11/17/2017
SEF

SEF #A10299539

Sold
$545,000
+39.74%

Schools & Community

Neighborhood: 

Galt Mile

Elementary school: 

Bayview

Middle school: 

Sunrise

High school: 

Fort Lauderdale

Number of units in community: 

370

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

$372,621
Asking price
$764,000
Closing costs (~8% of asking)
-$61,120
Est. remaining loan balance
-$330,259
Cash to seller
$372,621

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

June 2020

Original loan amount

$360,700

Est. remaining balance

$330,259

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Rochelle Umschweis and Second Amended And Restated Declarat

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: 07/02/2024 at 7:00 PM

Listing updated: 06/17/2024 at 9:43 AM

Listed by: Marlene Katkin, Compass Florida, LLC Phone #: (305) 851-2820

MLS: Beaches #F10443820

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