NOT LISTED FOR SALE

Ocean Riviera Condominium 3550 Galt Ocean Dr Unit 407 Fort Lauderdale, FL 33308

Galt Mile Neighborhood

Estimated Value: $556,055 - $677,000

2 Beds
2 Baths
1,500 Sq Ft
1.71 Acres

Last Sold October 15, 2020

Last sale price $378,000 $252 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,147/month

81 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Private Beach Pavilion
  • Bayview Elementary School Rated A
  • Community Cabanas
  • Fitness Center

About This Home

As of October 2020

This spacious condo is located in the hottest beachfront location in Fort Lauderdale, the Galt Ocean Mile! Plenty to do, but none of the hassle of traffic and noise! The perfect beach neighborhood for waking and biking. Just across the streets from restaurants, shops, supermarkets, banks and metro transportation.

The Ocean Riviera has just gone through a complete exterior renovation, and total remodeling of their huge lobby.

A new Air Conditioning unit was installed in the condo within the past year. This unit has a washer and dryer.From the garage, walk out to the large BBQ and entertaining deck, spacious pool area, then down a few steps into the warm sand and blue ocean! Private beach cabanas, showers, umbrellas, chairs and a handicapped ramp.

Last Agent to Sell the Property

Alistair Baxter

EXP Realty LLC License #3423472 Listed on: 06/10/2020

EXP Realty LLC

Last Buyer's Agent

Alistair Baxter

EXP Realty LLC License #3423472 Listed on: 06/10/2020

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,443

Year Built

  • Built in 1971 | Newly Remodeled

Lot Details

  • 1.71

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Ceiling Fan
  • Carpet
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Property has ocean access
  • Deck

Additional Features

  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494319BC0340

Community Details

Overview

  • Property has a Home Owners Association
  • Riviera Condo
  • Riviera Condo Subdivision
  • Car Wash Area
  • 20-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Community Center
  • Party Room
  • Community Library
  • Laundry Facilities
  • Bike Room
  • Elevator

Recreation

  • Private Beach Pavilion
  • Community Cabanas

Pet Policy

  • No Pets Allowed

Building Details

  • Maintenance Expense $503

Security

  • Security Guard
  • Secure Elevator
  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,443

Year Built

Built in 1971 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Showings on Monday-Friday 9am-4pm. Per building limited access 2 plus Realtor. Limited Viewings of Amenities. Agents + clients park across the ST
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RIVIERA CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Fire Sprinklers
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Carpet
  • Furnished: Unfurnished
  • Living Area: 1500
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Secondary
  • Stories: 20
  • Window Features: Complete Impact Glass
  • Bedroom Features: None

Exterior Features

  • View: Ocean View
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Riviera Condo
  • Carport Spaces: 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Parking Features: 1 Space, Deeded

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Fire Alarm, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Amenities: Bike Storage, Barbecue, Cabana, Laundry, Community Room, Elevator(s), Exercise Room, Storage, Library, Exterior Lighting, Private Beach Pavilion, Private Pool, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 494319BC0340
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 503

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2443

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Oct 14, 2020
Sold by
Bindler Franci
Bought by
Ain Clifford B and Oliver Maria E
Seller's Agent
Alistair Baxter
EXP Realty LLC
Buyer's Agent
Alistair Baxter
EXP Realty LLC
List Price
$414,900
Sold Price
$378,000
Premium/Discount to List
-$36,900
-8.89%
Current Estimated Value
$605,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,264
Avg. Annual Appreciation
10.61%
Original Mortgage
$350,000
Outstanding Balance
$314,803
Interest Rate
2.9%
Mortgage Type
Stand Alone First
Estimated Equity
$301,016

Purchase Details

Closed on
Nov 6, 1995
Sold by
Gervais Guy
Bought by
Bindler Franci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
7.51%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 1, 1987
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
Ain Clifford B $378,000 Attorney
Bindler Franci $125,000 --
Available Not $7,142 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ain Clifford B $350,000
Previous Owner Bindler Franci $20,000
Previous Owner Bindler Franci $335,000
Previous Owner Bindler Franci $50,000
Previous Owner Bindler Franci $236,300
Previous Owner Bindler Franci $33,535
Previous Owner Bindler Franci $150,465
Previous Owner Bindler Franci $30,000
Previous Owner Bindler Franci $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $378,000 -5.3% $252 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $399,000 -3.8% $266 / Sq Ft
06/09/2020 06/09/20 For Sale $414,900 -- $277 / 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 $10,189 $535,430 -- --
2024 $9,726 $535,430 -- --
2023 $9,726 $442,510 $0 $0
2022 $8,129 $402,290 $0 $0
2021 $7,141 $365,720 $36,570 $329,150
2020 $2,535 $159,200 $0 $0
2019 $2,443 $155,630 $0 $0
2018 $2,281 $152,730 $0 $0
2017 $2,259 $149,590 $0 $0
2016 $2,268 $146,520 $0 $0
2015 $2,280 $145,510 $0 $0
2014 $2,296 $144,360 $0 $0
2013 -- $343,020 $34,300 $308,720
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Alistair Baxter

    EXP Realty LLC

    (786) 288-6316

    1 in this area

    29 Total Sales

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About Ocean Riviera Condominium

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10873325

MIAMI REALTORS® MLS

APN: 49-43-19-BC-0340

Florida Broward County Fort Lauderdale 33308 Galt Mile

3550 Galt Ocean Dr Unit 407, Fort Lauderdale, FL

This home is located at 3550 Galt Ocean Dr Unit 407, Fort Lauderdale, FL 33308 since 10 June 2020 and is currently estimated at $605,264, approximately $403 per square foot. This property was built in 1971. 3550 Galt Ocean Dr Unit 407 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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