4040 Galt Ocean Drive, Unit 427
4040 Galt Ocean Drive, Unit 427
$220,000
1
1
310
310
$710
Closed 2/4/22
Description
Investors welcome! Don't miss the opportunity to own a turn-key, fully furnished, income-producing studio condo with an amazing view and private beach access in a high-demand, expanding Fort Lauderdale area. Ready to rent out immediately without major restrictions (privately or through the hotel), this property typically earns an approximate gross revenue of $32,000 at around 65% occupancy (higher income may be possible with increased occupancy). Low HOA and property taxes also allow for a dream...Investors welcome! Don't miss the opportunity to own a turn-key, fully furnished, income-producing studio condo with an amazing view and private beach access in a high-demand, expanding Fort Lauderdale area. Ready to rent out immediately without major restrictions (privately or through the hotel), this property typically earns an approximate gross revenue of $32,000 at around 65% occupancy (higher income may be possible with increased occupancy). Low HOA and property taxes also allow for a dream Florida lifestyle by the ocean and near shopping plazas and entertainment centers, in case you'd like to occupy the unit yourself! Won't last, contact the Listing Agent now!
- Listed by Vitaliy Nikolaenko • Coldwell Banker Realty /Delray Beach
Property Details for 4040 Galt Ocean Drive, Unit 427
Subdivision
OCEAN MANOR CONDO
Design4+ Floors
WaterfrontYes
Waterfront DetailsOcean Access, Ocean Front
ViewOcean
FurnishedFurnished, Turnkey
StyleCondo 5+ Stories, WF/Ocean Access
Location
LISTING UPDATED: 09/05/2023 02:03 PM
Property Details for 4040 Galt Ocean Drive, Unit 427
Status | Closed |
---|---|
MLS # | RX-10767703 |
Days on Market | 3 |
Taxes | $3,084 / year |
HOA Fees | $389 / month |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | Condo/Co-Op/Villa/Townhouse / Condo/Coop |
Year Built | 1960 |
County | Broward County |
Building
Location
Building Information for 4040 Galt Ocean Drive, Unit 427
Payment Calculator
$1,847 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4040 Galt Ocean Drive, Unit 427
Property History for 4040 Galt Ocean Drive, Unit 427
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4040 Galt Ocean Drive, Unit 427
Taxable ValueLand$23,170Additions$208,550Total$231,720
Tax Record2023$4,738 ($395 / month)
Home Facts
Beds1Total Finished SqFt310 SqFtAbove Grade Finished SqFt310 SqFtStyleCondominiumYear Built1959Year Renovated1982ZoningRMH-60CountyBROWARDAPN49-43-19-CH-0950
Schools near 4040 Galt Ocean Drive, Unit 427
This home is within Broward.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Bayview Elementary School PublicK to 5 | ||
Sunrise Middle School Public6 to 8 | ||
Fort Lauderdale High School Public9 to 12 | ||
Somerset Academy Village Charter Middle School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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