NOT LISTED FOR SALE

Galt Ocean Terrace 3031 N Ocean Blvd Unit 1003 Fort Lauderdale, FL 33308

Lauderdale Beach Neighborhood

Estimated Value: $382,571 - $523,000

2 Beds
2 Baths
1,031 Sq Ft
$624/mo HOA Fee

Last Sold August 05, 2016

Last sale price $259,900 $252 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,325/month

15 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Clubhouse
  • Bayview Elementary School Rated A
  • Heated Pool
  • Sauna

About This Home

As of August 2016

BEAUTIFUL SOUTH EAST CORNER WITH GREAT OCEAN VIEWS FROM LIVING ,DINING, KITCHEN, BEDROOM . OCEAN ACCESS ACROSS THE STREET AIA SPLIT BEDROOM NEW KITCHEN, NEW BATHROOMS, LAUNDRY ROOM STEPS FROM YOUR UNIT. LONG LARGE BALCONY FACES EAST TO THE OCEAN . WATCH THE SUN RISE WALK TO MANY RESTAURANTS, SHOPS CLOSE TO THE GALLERY AND LAS OLAS AND MUCH MORE

Last Agent to Sell the Property

J Shirley Russotti

Earthrise Realty Inc Listed on: 06/20/2016

Last Buyer's Agent

Frank Rubino

Better Homes & Gdns RE Fla 1st

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1981

Lot Details

  • Southeast Facing Home

HOA Fees

  • $624 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Interior Spaces

  • 1,031 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Sliding Windows
  • Casement Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Heated Pool
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494330BG0670

Community Details

Overview

  • Association fees include common areas, insurance, laundry, ground maintenance, maintenance structure, pest control, sewer, security, trash, water
  • Galt Ocean Terrace Subdivision
  • Car Wash Area
  • 18-Story Property

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Billiard Room
  • Laundry Facilities
  • Elevator

Recreation

Security

  • Security Guard
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,600

Year Built

Built in 1981

Lot Details

0

HOA Fees

$624 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: AIA JUST SOUTH OF OAKLAND PARK BLVD. I ST BUILDING ON THE WEST SIDE OF AIA JUST SOUTH OF OAKLAND PARK BLVD OR A SHORT DISTANCE NORTH FROM SUNRISE BLVD.
  • Year Built: 1981
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Closet Cabinetry, Entrance Foyer, Eat-in Kitchen, First Floor Entry, Living/Dining Room, Main Living Area Entry Level, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1031.0
  • Stories: 18
  • Window Features: Casement Window(s), Drapes, Sliding

Exterior Features

  • Exterior Features: Balcony, Storm/Security Shutters
  • View: Ocean
  • Pool Features: Heated
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Southeast
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Guest, One Space

Utilities

  • Laundry Features: Common Area
  • Security: Door Man, Elevator Secured, Lobby Secured, Security Guard
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 624.0
  • Senior Community: No
  • Amenities: Billiard Room, Clubhouse, Laundry, Pool, Sauna, Trash, Vehicle Wash Area, Elevator(s)
  • Association #2 Fee: 624.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No, Pet Restrictions

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 494330BG0670

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jul 28, 2016
Sold by
Fanizzi Fred
Bought by
Masselli Timothy M
Seller's Agent
J Shirley Russotti
Earthrise Realty Inc
Buyer's Agent
Frank Rubino
Better Homes & Gdns RE Fla 1st
List Price
$275,000
Sold Price
$259,900
Premium/Discount to List
-$15,100
-5.49%
Current Estimated Value
$431,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,743
Avg. Annual Appreciation
6.12%
Original Mortgage
$194,925
Outstanding Balance
$95,080
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$349,777

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jul 26, 2016
Sold by
Zaden Richard J
Bought by
Masselli Timothy M
Seller's Agent
J Shirley Russotti
Earthrise Realty Inc
Buyer's Agent
Frank Rubino
Better Homes & Gdns RE Fla 1st
List Price
$275,000
Sold Price
$259,900
Premium/Discount to List
-$15,100
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,925
Outstanding Balance
$95,080
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$349,777

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jul 1, 2016
Bought by
Masselli Timothy M
Seller's Agent
J Shirley Russotti
Earthrise Realty Inc
Buyer's Agent
Frank Rubino
Better Homes & Gdns RE Fla 1st
List Price
$275,000
Sold Price
$259,900
Premium/Discount to List
-$15,100
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,925
Outstanding Balance
$95,080
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$349,777

Purchase Details

Closed on
Jun 19, 1997
Sold by
Fraser Alister S and Fraser Diane B
Bought by
Fanizzi William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1995
Sold by
Schwant C Dale
Bought by
Fraser Alister S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
7.79%

Purchase Details

Closed on
Jun 1, 1980
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Masselli Timothy M -- None Available
Masselli Timothy M -- None Available
Masselli Timothy M -- None Available
Masselli Timothy M -- None Available
Masselli Timothy M $259,900 None Available
Masselli Timothy M $100 --
Fanizzi William D $108,000 --
Fraser Alister S $98,000 --
Available Not $59,029 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masselli Timothy M $60,000
Open Masselli Timothy M $194,925
Previous Owner Fanizzi William D $78,500
Previous Owner Fanizzi William D $81,000
Previous Owner Fraser Alister S $93,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $259,900 -5.5% $252 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $275,000 -- $267 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,183 $252,790 -- --
2024 $4,107 $245,670 -- --
2023 $4,107 $238,520 $0 $0
2022 $3,889 $231,580 $0 $0
2021 $3,767 $224,840 $0 $0
2020 $3,693 $221,740 $0 $0
2019 $3,579 $216,760 $0 $0
2018 $3,370 $212,720 $0 $0
2017 $3,345 $208,350 $0 $0
2016 $1,585 $110,710 $0 $0
2015 $1,582 $109,950 $0 $0
2014 $1,591 $109,080 $0 $0
2013 -- $119,640 $11,960 $107,680
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    J Shirley Russotti

    Earthrise Realty Inc

  • F

    Buyer's Agent in 2016

    Frank Rubino

    Better Homes & Gdns RE Fla 1st

  • F

    Buyer's Agent in 2016

    Frank Rubino

    Castelli Real Estate Services

    (954) 295-9382

    6 in this area

    89 Total Sales

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About Galt Ocean Terrace

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10017736

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-30-BG-0670

Florida Broward County Fort Lauderdale 33308 Lauderdale Beach

3031 N Ocean Blvd Unit 1003, Fort Lauderdale, FL

This home is located at 3031 N Ocean Blvd Unit 1003, Fort Lauderdale, FL 33308 since 20 June 2016 and is currently estimated at $431,643, approximately $418 per square foot. This property was built in 1981. 3031 N Ocean Blvd Unit 1003 is a home located in Broward County with nearby schools including Bayview Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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