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$925,000

Beds
2
Baths
2.0
sq ft
833

4040 Galt Ocean Dr Unit 810, Fort Lauderdale, FL 33308

4040 Galt Ocean Dr Unit 810

Fort Lauderdale, FL 33308

  • 3 days on market
CONDO/HOTEL INVESTMENT OPPORTUNITY ON THE GALT OCEAN MILE! TURNKEY, 2 bed/2 bath condo offers stunning ocean views from its 40-foot balcony! No rental restrictions; Airbnb; rent daily, weekly, monthly or annually! Pets permitted! Full kitchen, washer and dryer, living/dining room split plan layout. Both bedrooms have sliding impact doors leading to one of the largest balconies in the resort. Unit lock out allows for renting as a 2/2 unit or a 1/1 hotel room. 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 airport. Schedule your Resort tour and don't miss out on this income producing property!

Details

Property type

Condominium

Est. home value

$609,525

Lot size

Unknown

Price per sq ft

$1,111

Year built

1960

Annual property taxes

$10,941

Monthly HOA fee

$1,355

Price History

12/19/2024
Beaches

Beaches #F10476429

Listed
$925,000
+115.12%
11/21/2017
Beaches

Beaches #F10063396

Sold
$430,000

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

Homebanc Mortgage Corp

Loan start date

December 2001

Original loan amount

$126,000

Est. remaining balance

Not provided

Interest rate

6.61%

Loan type

New Conventional

Seller

Stephen A Hodes and Susan M Hodes

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 3:50 AM

Listing updated: 12/20/2024 at 1:35 AM

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

MLS: Beaches #F10476429

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