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$1,995,000

Beds
4
Baths
3.5
sq ft
3,850

4100 Galt Ocean Dr Unit 1501, Fort Lauderdale, FL 33308

4100 Galt Ocean Dr Unit 1501

Fort Lauderdale, FL 33308

  • 187 days on market
    • Price drop $500,000↓
Just reduced by $500,000.00. CORNER COMBINED UNIT 1501 & 1502. DIRECT OCEAN, CITY & INTRACOASTAL VIEWS from this flow through unit. Totally remodeled, high impact windows, doors, & electric shades. Features 4 bedrooms, 3.5 bathrooms, 3,850 sq. ft. with 2 private balconies overlooking the ocean. Open kitchen, stainless steel appliances, with custom cabinetry, spacious counters that extends to the other side of the kitchen, leading to a bar area which has more cabinets, a bar sink & a wine refrigerator. 2 A/C Units, 2 water heaters, 2 deeded parking spaces, 2 assigned storage lockers & more. (Unit No. 1501, Tax ID 4943 19 AD 1620 is 2,480 sq ft., and Unit No. 1502, Tax ID 4943 19 AD 1630 is 1,370 sq ft.)

Details

Property type

Condominium

Est. home value

$1,201,838

Lot size

Unknown

Price per sq ft

$519

Year built

1967

Annual property taxes

$21,058

Monthly HOA fee

$2,851

Price History

10/10/2024
Beaches

Beaches #F10440595

Listed
$1,995,000
10/08/2024
Beaches

Beaches #F10440595

Removed
$1,995,000
08/13/2024
Beaches

Beaches #F10440595

Price change
$1,995,000
-20.04%

Schools & Community

Neighborhood: 

Galt Mile

Elementary school: 

Bayview

Middle school: 

Sunrise

High school: 

Fort Lauderdale

Number of units in community: 

214

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

$1,718,296
Asking price
$1,995,000
Closing costs (~8% of asking)
-$159,600
Est. remaining loan balance
-$117,104
Cash to seller
$1,718,296

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

Seller’s Loan History

Lender

Mortgage Professionals Inc

Loan start date

May 2002

Original loan amount

$250,000

Est. remaining balance

$117,104

Interest rate

6.99%

Loan type

Not Provided, 30 year

Seller

William N Tolia

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 10:30 PM

Listing updated: 10/31/2024 at 6:05 PM

Listed by: Camille Ann Brausam, Balistreri Real Estate Inc Phone #: (954) 489-3100

MLS: Beaches #F10440595

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