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$395,000

Beds
1
Baths
1.0
sq ft
850

4010 Galt Ocean Dr Unit 709, Fort Lauderdale, FL 33308

4010 Galt Ocean Dr Unit 709

Fort Lauderdale, FL 33308

  • 133 days on market
    • Price drop $15,000↓
Fantastic Ocean Summit on the sand, Southeast view to the ocean to enjoy morning's coffee seeing the Sunrise and afternoon's wine with the Sunset views to city lights. Both worlds at your finest in this condo well maintained and ready for your enjoyment in the prestigious Galt Mile area in Fort Lauderdale where everything interesting is walkable. Hurricane windows & door. Freshly painted. Open kitchen w/pantry, doble side ss fridge & dishwasher. Well managed building, concierge & security. Clubhouse recently remodeled. Big fitness center. Pool area facing the ocean. Walkable just across from the building you will find restaurants, music, banks, drugstore and more in a secure, fun and excited environment. 50 years certification okay. Reserves, yes. Rentable, yes after 2 years of ownership.

Details

Property type

Condominium

Est. home value

$395,336

Lot size

Unknown

Price per sq ft

$465

Year built

1965

Annual property taxes

$5,958

Monthly HOA fee

$805.67

Price History

10/15/2024
Beaches

Beaches #F10445098

Price change
$395,000
-3.66%
08/13/2024
Beaches

Beaches #F10445098

Price change
$410,000
-2.38%
07/08/2024
Beaches

Beaches #F10445098

Listed
$420,000
+60%

Schools & Community

Neighborhood: 

Galt Mile

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$233,743
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$129,657
Cash to seller
$233,743

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

Seller’s Loan History

Lender

Totalbank

Loan start date

October 2015

Original loan amount

$160,000

Est. remaining balance

$129,657

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Sergio A Rivas and Emelina Arauz Rivas

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: 11/18/2024 at 8:25 AM

Listing updated: 10/15/2024 at 1:05 PM

Listed by: Mercedes Villagra Mortensen, Galt Ocean Realty Inc Phone #: (954) 615-4000

MLS: Beaches #F10445098

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