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$389,000

Beds
1
Baths
1.0
sq ft
800

3700 Galt Ocean Dr Unit 1408, Fort Lauderdale, FL 33308

3700 Galt Ocean Dr Unit 1408

Fort Lauderdale, FL 33308

  • 26 days on market
Discover your dream oceanfront residence in the heart of Fort Lauderdale! 1-bedroom condominium offers direct ocean access and is perfect for all ages in the Bayview School District. Offering a Washer and Dryer on the same floor next to the unit, 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,

Details

Property type

Condominium

Est. home value

$314,095

Lot size

Unknown

Price per sq ft

$487

Year built

1967

Annual property taxes

$6,068

Monthly HOA fee

$635

Price History

11/26/2024
SEF

SEF #A11700043

Listed
$389,000
+29.67%
05/02/2023
Beaches

Beaches #F10370990

Sold
$300,000

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

$136,864
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$221,016
Cash to seller
$136,864

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

Seller’s Loan History

Lender

Acc Mortgage Inc

Loan start date

May 2023

Original loan amount

$225,000

Est. remaining balance

$221,016

Interest rate

6.6%

Loan type

New Conventional, 30 year

Seller

Samir Hassan Hammoud

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: 12/22/2024 at 7:15 PM

Listing updated: 12/20/2024 at 5:53 PM

Listed by: Danny Darwish, Options Realty Team, LLC Phone #: (954) 237-7888

MLS: SEF #A11700043

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