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$950,000

Beds
2
Baths
2.0
sq ft
1,435

3500 Galt Ocean Dr Unit 1703, Fort Lauderdale, FL 33308

3500 Galt Ocean Dr Unit 1703

Fort Lauderdale, FL 33308

  • 94 days on market
    • Price drop $25,000↓
Unique Opportunity to grab this ready-to-move in luxurious 2BR 2BA, SE condo on 17th floor of prime beach-front location of famous Galt Ocean Mile. Totally renovated with custom finishing and porcelain tiles throughout. Enjoy year-round exceptional ocean views from both bedrooms and living room. Large private balcony accessible. Condo is exquisitely remodeled, new impact windows, custom-made closets, beautiful kitchen with new Stainless-steel appliances ready for your enjoyment. Amenities include: 2 Gyms, private heated pool and private beach access, beach deck with bbq's and seating, game room, large event room, car wash area, deeded covered parking # 58 and large storage in the garage # 147, onsite management and much more. Truly amazing property

Details

Property type

Condominium

Est. home value

$628,809

Lot size

Unknown

Price per sq ft

$663

Year built

1974

Annual property taxes

$10,704

Monthly HOA fee

$1,240.67

Price History

05/01/2024
Beaches

Beaches #F10432435

Price change
$950,000
-2.56%
04/03/2024
Beaches

Beaches #F10432435

Listed
$975,000
+59.84%
09/22/2023
Beaches

Beaches #F10397764

Sold
$610,000

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

$776,352
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$97,648
Cash to seller
$776,352

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

June 2003

Original loan amount

$199,500

Est. remaining balance

$97,648

Interest rate

5.7%

Loan type

Not Provided, 30 year

Seller

Thanh Thuy Luong and Vothimy Luong

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: 07/06/2024 at 1:45 AM

Listing updated: 04/30/2024 at 11:35 PM

Listed by: Maj Ouadghiri, LoKation Phone #: (954) 545-5583

MLS: Beaches #F10432435

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