tomo logo

$349,000

Beds
1
Baths
1.0
sq ft
330

4040 Galt Ocean Dr Unit 325, Fort Lauderdale, FL 33308

4040 Galt Ocean Dr Unit 325

Fort Lauderdale, FL 33308

  • 3 days on market
CONDO/HOTEL INVESTMENT OPPORTUNITY ON THE GALT OCEAN MILE! This studio accommodates up to 4 guests comfortably and is offered TURNKEY. This oceanfront property offers exceptional revenue potential, leveraging its premium location, resort amenities, and year-round appeal creating consistent demand from tourists, business travelers and the locals too! No rental restrictions; Airbnb; rent daily, weekly, monthly or annually! Pets permitted! Bamboo Tiki Bar, 5-Star Casa Calabria Italian Restaurant offers nightly entertainment, Day Spa/Salon, Gift Shop, Coffee Bar, Beach Service and Valet Parking. The Ocean Manor Resort is conveniently located to restaurants, shopping, nightlife and the airport. Schedule your resort tour and don't miss out on this income producing property!

Details

Property type

Condominium

Est. home value

$267,204

Lot size

Unknown

Price per sq ft

$1,058

Year built

1959

Annual property taxes

$4,080

Monthly HOA fee

$426

Price History

12/19/2024
Beaches

Beaches #F10476384

Listed
$349,000
+99.43%
02/02/2018
Beaches

Beaches #F10092523

Sold
$175,000
03/23/2017
Beaches

Beaches #F10044509

Sold
$175,000
+25%

Schools & Community

Neighborhood: 

Galt Mile

Elementary school: 

Bayview

Middle school: 

Sunrise

High school: 

Fort Lauderdale

Number of units in community: 

125

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2006

Original loan amount

$196,000

Est. remaining balance

Not provided

Interest rate

7.87%

Loan type

Not Provided, 30 year

Seller

Milagritos Sega

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 3:45 AM

Listing updated: 12/20/2024 at 4:35 AM

Listed by: Helene Cohen, Galt Ocean Realty Inc Phone #: (954) 615-4000

MLS: Beaches #F10476384

Beaches logo