tomo logo

$628,000

Beds
2
Baths
2.0
sq ft
1,787

3750 Galt Ocean Dr Unit 505, Fort Lauderdale, FL 33308

3750 Galt Ocean Dr Unit 505

Fort Lauderdale, FL 33308

  • 74 days on market
    • Price drop $1,000↓
BEST DEAL ON THE BEACH! Live your best life right on the sand in this luxury condo located on the famous Galt Ocean Mile! Relax on your balcony enjoying southern exposure with ocean and city views! Updated interior offers an enormous living/dining area perfect for entertaining with gorgeous kitchen incl an abundance of cabinetry, SS appliances, tasteful granite, and your own washer/dryer. Huge master retreat with sitting area, sumptuous bath, 2 large closets. Other features include oversized guest bedroom, modern bath, tile flooring, recessed lighting, tons of storage, impact windows, and newer AC. Rich amenities incl. lobby concierge, heated pool, new deck, barbecue area, gym, car wash, and 200' private beach! Walk to shopping, restaurants, night life. Offered furnished/unfurnished.

Details

Property type

Condominium

Est. home value

$722,420

Lot size

Unknown

Price per sq ft

$352

Year built

1970

Annual property taxes

$8,010

Monthly HOA fee

$1,232

Price History

10/30/2024
Beaches

Beaches #F10460345

Price change
$628,000
-0.16%
10/24/2024
Beaches

Beaches #F10460345

Price change
$629,000
+5.01%
10/15/2024
Beaches

Beaches #F10460345

Price change
$599,000
-5.97%

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

$256,440
Asking price
$628,000
Closing costs (~8% of asking)
-$50,240
Est. remaining loan balance
-$321,320
Cash to seller
$256,440

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2021

Original loan amount

$352,000

Est. remaining balance

$321,320

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Salvatore Savatta and Giovanni Savatta

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: 11/22/2024 at 2:55 AM

Listing updated: 11/12/2024 at 12:40 PM

Listed by: John Dowdell, Charles Rutenberg Realty FTL Phone #: (954) 396-3001

MLS: Beaches #F10460345

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