NOT LISTED FOR SALE

4040 Galt Ocean Dr Unit 1018 Fort Lauderdale, FL 33308

Galt Mile Neighborhood

Estimated Value: $704,000 - $862,260

2 Beds
2 Baths
1,340 Sq Ft
$1,340/mo HOA Fee

Last Sold February 14, 2020

Last sale price $455,000 $340 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,794/month

127 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Heated Pool
  • Bayview Elementary School Rated A
  • Fitness Center
  • Roman Tub

About This Home

As of February 2020

Directly on the sand with forever ocean views from the second to top floor! Welcome to this beautiful oceanfront corner apartment. A perfect personal residence or an excellent rental property in a one of a kind Condo-Resort Hotel. Outstanding for an investor who wants income when not using it. Unit may be rented immediately, daily, weekly or monthly. You may rent it yourself or rent it through the hotel. Pet friendly. A/C cable, valet parking and wi-fi are included in the maintenance. Galt Ocean Drive offers convenient services including restaurants, pharmacy, groceries, shopping, live music venues and much more. Ocean Manor amenities include an oceanfront heated pool, beach attendant, coffee shop, salon and spa, Casa Calabria restaurant, tiki bar on the beach, and 24 hour valet parking.

Last Agent to Sell the Property

Tim Singer

Coldwell Banker Realty License #504788 Listed on: 09/09/2019

Coldwell Banker Realty

Co-Listed By

William Selaj

Compass Florida, LLC License #3409152

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,998

Year Built

  • Built in 1960

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $1,340 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Property Views

  • Ocean
  • Pool

Interior Spaces

  • 1,340 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sitting Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Roman Tub

Home Security

Outdoor Features

  • Heated Pool
  • Exterior Lighting

Utilities

  • Central Air
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494319CM1850

Community Details

Overview

  • Association fees include all facilities, management, common areas, cable TV, hot water, laundry, legal/accounting, ground maintenance, maintenance structure, parking, roof, sewer, security
  • Ocean Manor Subdivision, Ocean Manor Floorplan
  • 11-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Picnic Area
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,998

Year Built

Built in 1960

Lot Details

0

HOA Fees

$1,340 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Coming from A1A and Oakland Park blvd: Go north to AIA to right at 36th street, left at stop sign onto Galt Ocean dr. Go to 4040 and please use valet park.
  • Year Built: 1960
  • Year Built Details: Condo-Hotel
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, Sitting Area in Master, Split Bedrooms
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Ceramic Tile
  • Living Area: 1340.0
  • Dining Room Type: Master Bedroom, Sitting Room
  • Stories: 11
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Security/High Impact Doors
  • View: Ocean, Pool
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: None, Ocean Front
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northeast

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Door Man, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1340.0
  • Senior Community: No
  • Amenities: Fitness Center, Laundry, Barbecue, Other, Picnic Area, Pool, Restaurant, Elevator(s)
  • Association #2 Fee: 1340.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: All Facilities, Association Management, Common Areas, Cable TV, Hot Water, Laundry, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Roof, Sewer, Security

Lot Info

  • Parcel #: 494319CM1850

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7998.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Feb 14, 2020
Sold by
Spotts William F and Spotts Beth L
Bought by
Milmar Fl Llc
Seller's Agent
Tim Singer
Coldwell Banker Realty
List Price
$492,000
Sold Price
$455,000
Premium/Discount to List
-$37,000
-7.52%
Current Estimated Value
$802,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,858
Avg. Annual Appreciation
11.69%

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jul 27, 2017
Sold by
Tango Golf Llc
Bought by
Spotts William F and Spotts Beth L
Seller's Agent
Neill Rathgeb
Prestige Waterfront Realty
Buyer's Agent
Neill Rathgeb
Castelli Ft.Lauderdale RE Serv
List Price
$565,000
Sold Price
$500,000
Premium/Discount to List
-$65,000
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.63%

Purchase Details

Closed on
May 14, 2012
Sold by
Ribar Gwen H
Bought by
Tango Golf Llc

Purchase Details

Closed on
Mar 27, 2009
Sold by
Guaracino Mary
Bought by
Vecchio James A

Purchase Details

Closed on
Jun 29, 2007
Sold by
Orchid Grove Llc
Bought by
Guaracino Joseph and Keller Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,450
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2007
Sold by
Repa Film International Inc
Bought by
Guaracino Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,450
Interest Rate
6.07%
Mortgage Type
Unknown

Purchase Details

Closed on
May 12, 1995
Sold by
Shaheen Cecile
Bought by
Repa Film Intl Inc

Purchase Details

Closed on
Mar 25, 1994
Sold by
Cherry Richard
Bought by
Shaheen Cecile
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
Milmar Fl Llc $455,000 Integrity Title Inc
Spotts William F $500,000 Attorney
Tango Golf Llc $300,000 Attorney
Ribar Gwen H -- Attorney
Vecchio James A $400,000 None Available
Guaracino Joseph $350,000 Multiple
Guaracino Mary $625,000 Turnkey Title Corporation
Repa Film Intl Inc $130,000 --
Shaheen Cecile -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guaracino Mary $62,450
Previous Owner Guaracino Joseph $62,450
Previous Owner Guaracino Mary $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $455,000 -7.5% $340 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
09/09/2019 09/09/19 For Sale $492,000 -1.6% $367 / Sq Ft
07/27/2017 07/27/17 Sold $500,000 -11.5% $429 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
11/09/2016 11/09/16 For Sale $565,000 -- $485 / 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 $12,951 $636,520 -- --
2024 $10,398 $636,520 $53,650 $482,870
2023 $10,398 $526,060 $0 $0
2022 $9,324 $478,240 $0 $0
2021 $8,458 $434,770 $43,480 $391,290
2020 $8,772 $454,100 $45,410 $408,690
2019 $8,515 $441,430 $44,140 $397,290
2018 $7,998 $426,430 $42,640 $383,790
2017 $7,623 $395,300 $0 $0
2016 $7,272 $359,370 $0 $0
2015 $6,844 $326,700 $0 $0
2014 $6,221 $297,000 $0 $0
2013 -- $270,000 $27,000 $243,000
Source: Public Records

Agents Affiliated with this Home

  • Tim Singer

    Seller's Agent in 2020

    Tim Singer

    Coldwell Banker Realty

    (954) 292-8900

    3 in this area

    318 Total Sales

    Section Image
  • William Selaj

    Seller Co-Listing Agent in 2020

    William Selaj

    Compass Florida, LLC

    (954) 909-6122

    1 in this area

    34 Total Sales

    Section Image
  • Neill Rathgeb

    Seller's Agent in 2017

    Neill Rathgeb

    Prestige Waterfront Realty

    (954) 557-5947

    28 in this area

    30 Total Sales

    Section Image

  • N

    Buyer's Agent in 2017

    Neill Rathgeb

    Castelli Ft.Lauderdale RE Serv

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10191763

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-19-CM-1850

Florida Broward County Fort Lauderdale 33308 Galt Mile

4040 Galt Ocean Dr Unit 1018, Fort Lauderdale, FL

This home is located at 4040 Galt Ocean Dr Unit 1018, Fort Lauderdale, FL 33308 since 09 September 2019 and is currently estimated at $793,315, approximately $592 per square foot. This property was built in 1960. 4040 Galt Ocean Dr Unit 1018 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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