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$895,000

Beds
2
Baths
2.0
sq ft
1,645

4020 Galt Ocean Dr Unit 111, Fort Lauderdale, FL 33308

4020 Galt Ocean Dr Unit 111

Fort Lauderdale, FL 33308

  • 164 days on market
    • Price drop $55,000↓
N.E. CORNER UNIT DIRECT OCEAN VIEWS! This Remodeled 2ND Floor Corner Unit has High Impact Windows, Doors, 2 Bdrms, 2 Baths, 1,645 sq ft, 9’ 6”ceilings with recessed lights & Open Kitchen with Direct Ocean Views. *ASSESSMENT> $58,334 PAID IN FULL BY SELLERS AT CLOSING* Enjoy views of the Ocean from the wrap around oversized balcony. Features ceramic tile & marble floors, washer/dryer & garage parking.*Cable & Internet included in maintenance* Amenities Currently Being Remodeled: newly renovated roof top heated pool, cabanas, & furniture opening soon; sky level gym with ocean views, male & female relaxing spa rooms, steam rooms, saunas. Additionally, card room, library, ping pong tables, pool tables, party room w/ bar, dance floor, & beachside pickle ball. *24 hour front desk attendant*

Details

Property type

Condominium

Est. home value

$785,696

Lot size

Unknown

Price per sq ft

$545

Year built

1971

Annual property taxes

$8,450

Monthly HOA fee

$1,470

Price History

09/11/2024
Beaches

Beaches #F10444381

Price change
$895,000
-5.79%
06/07/2024
Beaches

Beaches #F10444381

Listed
$950,000
+70.86%
12/06/2019
Beaches

Beaches #R10561996

Sold
$556,000

Schools & Community

Neighborhood: 

Galt Mile

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

207

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

$446,118
Asking price
$895,000
Closing costs (~8% of asking)
-$71,600
Est. remaining loan balance
-$377,282
Cash to seller
$446,118

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

August 2020

Original loan amount

$414,740

Est. remaining balance

$377,282

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Ian Gee and Susan Gee

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 4:25 PM

Listing updated: 11/16/2024 at 10:20 AM

Listed by: Jack Clark, Balistreri Real Estate Inc Phone #: (954) 489-3100

MLS: Beaches #F10444381

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