NOT LISTED FOR SALE

Galt Ocean Terrace 3031 N Ocean Blvd Unit 1601 Fort Lauderdale, FL 33308

Lauderdale Beach Neighborhood

Estimated Value: $255,522 - $286,000

1 Bed
1 Bath
700 Sq Ft
$460/mo HOA Fee

Last Sold December 30, 2021

Last sale price $236,000 $337 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,380/month

91 Days on Market

Highlights

  • Doorman
  • Intracoastal View
  • Heated Community Pool
  • Bayview Elementary School Rated A
  • Clubhouse
  • Balcony

About This Home

As of December 2021

Resort style living right across the beach! This amazing remodeled 1Bed/1Bath. has long range views of the Intracoastal waterway and city of Fort Lauderdale from the spacious balcony off the 16th floor, beautiful at night nestled right across from the beach. This bachelor's paradise is priced to sell and won't last! Includes tile floors throughout, remodeled Kitchen and bath with granite counters, SS appliances, Walk in closet, and much more. Extra storage room and laundry facility on the same floor as unit with only 8 units/floor. Building has resort style pool and cabanas with beach access just across the street, billiard room and more. Close proximity to shopping, restaurants, and lounges. Public transportation available. This is a great all age building that has 24 hour security.

Last Agent to Sell the Property

Rebecca Jones

LoKation License #3100821 Listed on: 09/15/2021

LoKation

Last Buyer's Agent

Del Dacks

Realty 100 License #3290286

Realty 100

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,467

Year Built

  • Built in 1980

Lot Details

  • 1.94

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 700 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494330BG1050

Community Details

Overview

  • High-Rise Condominium
  • Galt Ocean Terrace Condos
  • Galt Ocean Terrace Condo Subdivision
  • Car Wash Area
  • 17-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Clubhouse
  • Billiard Room
  • Community Center
  • Party Room
  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,467

Year Built

Built in 1980

Lot Details

0

HOA Fees

$460 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Okland Park East to North Ocean South to Property on the West side of the street
  • Entry Level: 16
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: GALT OCEAN TERRACE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Other, Walk-In Closet(s)
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 700
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 17
  • Bedroom Features: Entry Level, Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Intracoastal View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: GALT OCEAN TERRACE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Doorman

Condo/Co-op/Association

  • Association Fee: 460
  • Amenities: Billiard Room, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Heated Pool, Pool, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 494330BG1050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Dec 29, 2021
Sold by
Resnik Richard
Bought by
Gallo Michelle
Seller's Agent
Rebecca Jones
LoKation
Buyer's Agent
Del Dacks
Realty 100
Sold Price
$236,000
Current Estimated Value
$275,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,881
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Sep 18, 2009
Sold by
Serrano Esteban
Bought by
Resnik Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,425
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2008
Sold by
Wood Michael C
Bought by
Serrano Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 1, 2007
Sold by
Kaimre Helmi and Hewitt Kareda Shelagh
Bought by
Wood Michael C and Serrano Esteban

Purchase Details

Closed on
Feb 11, 2002
Sold by
Kaimre Helmi
Bought by
Kaimre Helmi and Kareda Shelagh Hewitt

Purchase Details

Closed on
Jan 29, 1997
Sold by
Kaimre Helmi
Bought by
Kaimre Helmi and Kareda Urjo
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
Gallo Michelle $236,000 Bridge Title Llc
Resnik Richard H $121,900 First National Title Company
Serrano Esteban $87,000 None Available
Wood Michael C $174,000 Southern Title Group Inc
Kaimre Helmi -- --
Kaimre Helmi $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Resnik Richard H $148,000
Previous Owner Resnik Richard H $112,000
Previous Owner Resnik Richard H $91,425
Previous Owner Serrano Esteban $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $236,000 +2.6% $337 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/25/2021 11/25/21 For Sale -- -- --
10/09/2021 10/09/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $229,999 -- $329 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $4,997 $256,710 $25,670 $231,040
2024 $4,572 $256,710 $25,670 $231,040
2023 $4,572 $222,640 $22,260 $200,380
2022 $4,402 $218,120 $21,810 $196,310
2021 $1,497 $103,030 $0 $0
2020 $1,467 $101,610 $0 $0
2019 $1,396 $99,330 $0 $0
2018 $1,278 $97,480 $0 $0
2017 $1,260 $95,480 $0 $0
2016 $1,258 $93,520 $0 $0
2015 $1,248 $92,870 $0 $0
2014 $1,253 $92,140 $0 $0
2013 -- $90,890 $9,090 $81,800
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Jones

    Seller's Agent in 2021

    Rebecca Jones

    LoKation Real Estate

    (786) 216-3557

    2 in this area

    16 Total Sales

    Section Image
  • Del Dacks

    Buyer's Agent in 2021

    Del Dacks

    Realty 100

    (954) 240-9725

    2 in this area

    53 Total Sales

    Section Image
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About Galt Ocean Terrace

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11097433

MIAMI REALTORS® MLS

APN: 49-43-30-BG-1050

Florida Broward County Fort Lauderdale 33308 Lauderdale Beach

3031 N Ocean Blvd Unit 1601, Fort Lauderdale, FL

This home is located at 3031 N Ocean Blvd Unit 1601, Fort Lauderdale, FL 33308 since 15 September 2021 and is currently estimated at $275,881, approximately $394 per square foot. This property was built in 1980. 3031 N Ocean Blvd Unit 1601 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.

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