NOT LISTED FOR SALE

4040 Galt Ocean Dr Unit 1005 Fort Lauderdale, FL 33308

Galt Mile Neighborhood

Estimated Value: $559,000 - $680,000

2 Beds
2 Baths
1,100 Sq Ft
$1,140/mo HOA Fee

Last Sold May 28, 2021

Last sale price $387,500 $352 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,308/month

27 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Fitness Center
  • Bayview Elementary School Rated A
  • Community Cabanas
  • Intracoastal View

About This Home

As of May 2021

Beautifully renovated 2bed/2bath condo in Ocean Manor.(Financing available) Open layout greets you upon entering this spacious unit! Can be rented immediately as often as you like either as a 1/1 & separate studio or 2/2. The 1/1 Income producing. Washer & dryer in unit & double vanity in master suite. The attached studio can rent or be your 2nd bedroom W built-in snack bar, kitchenette, 2 full queen beds & dining table. Located on the Galt, building boasts impact windows throughout, elevators, ocean front heated pool next to the famous beach front Tiki Bar in Fort Lauderdale, award winning Casa Calabria restaurant, Day Spa/Salon, & coffee shop. Maintenance includes WIFI, Cable, towels and lounge chairs, valet parking, ac coolant, hot water+ Very well maintained building& renovated condo!

Last Agent to Sell the Property

Scott Kaplan, P.A.

RE/MAX Select Group License #3287023 Listed on: 03/31/2021

RE/MAX Select Group

Co-Listed By

Cristina Lazar-Bond

RE/MAX Select Group License #3320554

Last Buyer's Agent

Scott Kaplan, P.A.

RE/MAX Select Group License #3287023 Listed on: 03/31/2021

RE/MAX Select Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,907

Year Built

  • Built in 1960 | Newly Remodeled

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,140 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Interior Spaces

  • 1,100 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Ceiling Fan
  • Sitting Room
  • Combination Dining and Living Room
  • Utility Room
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Heated Pool
  • Exterior Lighting

Schools

  • Bayview Elementary School
  • Sunrise Middle School
  • Fort Lauderdale High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494319CM1760

Community Details

Overview

  • Association fees include management, amenities, common areas, cable TV, hot water, laundry, maintenance structure, parking, pest control, recreation facilities, trash, water
  • Ocean Manor Subdivision
  • 11-Story Property

Amenities

  • Valet Parking
  • Picnic Area
  • Laundry Facilities
  • Elevator
  • Bike Room

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Trails
  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,907

Year Built

Built in 1960 | Newly Remodeled

Lot Details

0

HOA Fees

$1,140 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: FROM A1A AND OAKLAND PARK: NORTH ON A1A TO EAST AT 36 ST TO NORTH AT STOP SIGN. DRIVE TO 4040 AND VALET PARK.
  • Year Built: 1960
  • Carport Y N: No
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Living/Dining Room, Multiple Master Suites, Sitting Area in Master, Split Bedrooms, Walk-In Closet(s)
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1100.0
  • Dining Room Type: Laundry, Utility Room, Master Bedroom, Sitting Room
  • Stories: 11
  • Window Features: Drapes, Impact Glass

Exterior Features

  • Exterior Features: Barbecue, Tennis Court(s)
  • View: Intercoastal, Other
  • Pool Features: Association, Heated
  • Waterfront Features: Beach Access, Deeded Access, Intersecting Canal, Ocean Front, Other, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Property Condition: New Construction

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces, Valet

Utilities

  • Laundry Features: Common Area
  • Security: Fire Alarm, Other, Fire Sprinkler System
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1140.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Fitness Center, Laundry, Barbecue, Picnic Area, Pool, Restaurant, Trail(s), Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Association Management, Amenities, Common Areas, Cable TV, Hot Water, Laundry, Maintenance Structure, Parking, Pest Control, Recreation Facilities, Trash, Water

Schools

  • Elementary School: Bayview
  • High School: Fort Lauderdale
  • Middle Or Junior School: Sunrise

Lot Info

  • Parcel #: 494319CM1760

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6907.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 28, 2021
Sold by
Ocean Manor Properties 1005 Llc
Bought by
Om 1005 Llc
Seller's Agent
Scott Kaplan, P.A.
RE/MAX Select Group
Buyer's Agent
Scott Kaplan, P.A.
RE/MAX Select Group
List Price
$407,999
Sold Price
$387,500
Premium/Discount to List
-$20,499
-5.02%
Current Estimated Value
$607,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,342
Avg. Annual Appreciation
11.88%
Original Mortgage
$337,500
Outstanding Balance
$309,303
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$312,975

Purchase Details

Listed on
Jan 18, 2018
Closed on
Aug 7, 2018
Sold by
R & S Florida 618 Llc
Bought by
Ocean Manor Properties 1005 Llc
Seller's Agent
Neill Rathgeb
Prestige Waterfront Realty
Buyer's Agent
Neill Rathgeb
Castelli Ft.Lauderdale RE Serv
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%

Purchase Details

Closed on
Mar 30, 2010
Sold by
Daquila James
Bought by
R & S Florida 618 Llc

Purchase Details

Closed on
Jul 30, 2004
Sold by
Masters Peter J
Bought by
Kocher Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.96%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 22, 2004
Sold by
Masters Karolyn S
Bought by
Daquila James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
5.96%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 11, 2001
Sold by
Starr Leanne H
Bought by
Masters Karolyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 1, 1993
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Om 1005 Llc $387,500 Attorney
Ocean Manor Properties 1005 Llc $370,000 Attorney
R & S Florida 618 Llc $170,000 Attorney
Kocher Sean $195,000 Sun Title
Daquila James $259,000 Title Professionals Inc
Masters Karolyn S $125,000 --
Available Not $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Om 1005 Llc $337,500
Previous Owner Kocher Sean $175,500
Previous Owner Masters Karolyn S $50,000
Previous Owner Starr Gary R $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $387,500 -5.0% $352 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $407,999 +10.3% $371 / Sq Ft
08/07/2018 08/07/18 Sold $370,000 -3.9% $336 / Sq Ft
07/08/2018 07/08/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $385,000 -- $350 / 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 $10,273 $504,930 -- --
2024 $8,278 $504,930 $41,730 $375,570
2023 $8,278 $417,300 $41,730 $375,570
2022 $7,433 $379,610 $37,960 $341,650
2021 $6,663 $338,160 $33,820 $304,340
2020 $6,907 $353,200 $35,320 $317,880
2019 $6,692 $343,340 $34,330 $309,010
2018 $5,650 $331,680 $33,170 $298,510
2017 $5,336 $253,020 $0 $0
2016 $5,112 $230,020 $0 $0
2015 $4,818 $209,110 $0 $0
2014 $4,376 $190,100 $0 $0
2013 -- $172,820 $17,280 $155,540
Source: Public Records

Agents Affiliated with this Home

  • Scott Kaplan, P.A.

    Seller's Agent in 2021

    Scott Kaplan, P.A.

    RE/MAX

    (954) 444-2905

    2 in this area

    119 Total Sales

    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Cristina Lazar-Bond

    RE/MAX

    (954) 257-4506

    2 in this area

    77 Total Sales

    Section Image
  • Neill Rathgeb

    Seller's Agent in 2018

    Neill Rathgeb

    Prestige Waterfront Realty

    (954) 557-5947

    28 in this area

    30 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    Neill Rathgeb

    Castelli Ft.Lauderdale RE Serv

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10278008

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-19-CM-1760

Florida Broward County Fort Lauderdale 33308 Galt Mile

4040 Galt Ocean Dr Unit 1005, Fort Lauderdale, FL

This home is located at 4040 Galt Ocean Dr Unit 1005, Fort Lauderdale, FL 33308 since 31 March 2021 and is currently estimated at $607,842, approximately $552 per square foot. This property was built in 1960. 4040 Galt Ocean Dr Unit 1005 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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