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$749,900

Beds
3
Baths
2.0
sq ft
1,490

3700 Galt Ocean Dr Unit 1215, Fort Lauderdale, FL 33308

3700 Galt Ocean Dr Unit 1215

Fort Lauderdale, FL 33308

  • 299 days on market
    • Price drop $25,099↓
Discover your dream oceanfront residence in the heart of Fort Lauderdale! This true 3-bedroom condominium offers direct ocean access and is perfect for all ages in the Bayview School District. Offering a Washer and Dryer in the unit and Impact Windows. Located just minutes from shopping and fine dining, this gem welcomes ESA animals making it an ideal choice. No assessments, the 50-year inspection is complete, and all fees are fully paid! The building has undergone complete concrete restoration, offering you a secure and sound investment. The RA has all the amenities including Valet, Gym, lobby attendant and longtime building Manager on site! With seller financing available at a competitive rate and terms who could refuse. Schedule a viewing today paradise awaits. Note: Digitally Staged

Details

Property type

Condominium

Est. home value

$713,618

Lot size

Unknown

Price per sq ft

$504

Year built

1967

Annual property taxes

$5,421

Monthly HOA fee

$975

Price History

08/13/2024
Beaches

Beaches #F10413281

Price change
$749,900
-3.24%
06/08/2024
Beaches

Beaches #F10413281

Price change
$774,999
-3%
05/15/2024
Beaches

Beaches #F10413281

Price change
$799,000
-5.89%

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

$355,470
Asking price
$749,900
Closing costs (~8% of asking)
-$59,992
Est. remaining loan balance
-$334,438
Cash to seller
$355,470

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

October 2023

Original loan amount

$337,500

Est. remaining balance

$334,438

Interest rate

7.12%

Loan type

New Conventional, 30 year

Seller

Todd Morse and Donna Morse

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: 10/05/2024 at 1:20 AM

Listing updated: 09/30/2024 at 4:42 PM

Listed by: Deborah Breton, Better Homes & Gdns RE Fla 1st Phone #: (954) 561-2050

MLS: Beaches #F10413281

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