tomo logo

$425,000

Beds
1
Baths
1.0
sq ft
850

4250 Galt Ocean Dr Unit 5K, Fort Lauderdale, FL 33308

4250 Galt Ocean Dr Unit 5K

Fort Lauderdale, FL 33308

  • 1 day on market
Fully remodeled condo features high-end finishes throughout, including wood-look porcelain tiles, marble countertops, glass tile backsplash, custom wood cabinetry, & premium stainless steel appliances, including a wine cooler. The attention to detail is evident with LED lighting, glass shower enclosure, and elegant marble and glass tiles in the bath. Every aspect of the renovation was meticulously planned and permitted. This oversized one-bedroom, one-bath condo boasts breathtaking southeast ocean views that are truly a must-see. Located in a luxury oceanfront building with a 24-hour doorman and extensive amenities, it's perfect for enjoying a carefree lifestyle. Walking distance to local restaurants and shopping, this move-in-ready residence offers everything you need to live in paradise!

Details

Property type

Condominium

Est. home value

$383,306

Lot size

Unknown

Price per sq ft

$500

Year built

1967

Annual property taxes

$5,991

Monthly HOA fee

$763

Price History

09/30/2024
SEF

SEF #A11668337

Listed
$425,000
-5.56%
03/16/2024
SEF

SEF #A11534339

Removed
$450,000
02/15/2024
SEF

SEF #A11534339

Listed
$450,000
+61.29%

Schools & Community

Neighborhood: 

Galt Mile

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$148,752
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$242,248
Cash to seller
$148,752

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

Seller’s Loan History

Lender

American Neighborhood Mtg Acceptance Co

Loan start date

September 2020

Original loan amount

$265,525

Est. remaining balance

$242,248

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Madelin Diaz Condinanzo

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: 10/01/2024 at 9:20 AM

Listing updated: 09/30/2024 at 6:08 PM

Listed by: Melanie De Armas, RE/MAX Advance Realty II Phone #: (305) 251-2127

MLS: SEF #A11668337

SEF logo