4040 Galt Ocean Dr Unit 303 Fort Lauderdale, FL 33308
Galt Mile Neighborhood
2
Beds
1
Bath
310
Sq Ft
$475/mo
HOA Fee
Highlights
- Doorman
- Ocean Front
- Furnished
- Bayview Elementary School Rated A
- Community Cabanas
- Business Center
About This Home
As of November 2024This studio unit is an incredible investment, already generating consistent rental income for the current owners. Located in the sought-after Ocean Manor Beach Resort, the property allows nightly rentals, giving you the flexibility to maximize earnings.
This units, cozy and efficient layout makes, it a popular choice for vacationers seeking a beachfront escape. Perfect for someone looking for a second home that doubles as an income-producing property, this studio offers all the convenience and luxury of resort living.
With beachfront access and resort-style amenities, this property is located in the heart of Fort Lauderdale Beach/Galt Mile, ensuring high demand year-round. Don’t miss this turnkey investment opportunity—relax and watch the income roll in!
Last Agent to Sell the Property
Better Homes & Gdns RE Fla 1st License #3543134 Listed on: 10/02/2024
Property Details
Home Type
- Co-Op
Est. Annual Taxes
- $3,982
Year Built
- Built in 1959
HOA Fees
- $475 Monthly HOA Fees
Interior Spaces
- 310 Sq Ft Home
- Furnished
- Bar
- Tile Flooring
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- Closet Cabinetry
- 1 Full Bathroom
Parking
- Over 1 Space Per Unit
- Guest Parking
Outdoor Features
- Heated Pool
- Balcony
- Open Patio
Additional Features
- Ocean Front
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 494319CH0380
Community Details
Overview
- Association fees include amenities, internet
- Ocean Manor Beach Resort Subdivision
- 11-Story Property
Amenities
- Doorman
- Valet Parking
- Picnic Area
- Business Center
- Elevator
Recreation
- Community Cabanas
- Community Pool
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2024
Closed on
Nov 13, 2024
Sold by
Bergholm Richard and Bergholm Linda
Bought by
Ocean Manor Suites Llc
Seller's Agent
Alexander Sepkowski
Better Homes & Gdns RE Fla 1st
Buyer's Agent
Helene Cohen
Galt Ocean Realty Inc
List Price
$248,800
Sold Price
$230,000
Premium/Discount to List
-$18,800
-7.56%
Views
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
59.50%
Original Mortgage
$300,000
Interest Rate
6.32%
Mortgage Type
Construction
Purchase Details
Closed on
May 10, 2013
Sold by
Stern Semyon and Stern Khona
Bought by
Bergholm Richard and Bergholm Linda
Purchase Details
Closed on
Jun 29, 2005
Sold by
Available Not
Bought by
Available Not
Purchase Details
Closed on
Oct 26, 2004
Sold by
Williams Joseph E
Bought by
Vajda Janos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 23, 2004
Sold by
Bfp Investments Ltd
Bought by
Williams Joseph E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 15, 1998
Sold by
Omg/Galt Inc
Bought by
Bpf Investments Limited
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
7.14%
Mortgage Type
Credit Line Revolving
Similar Homes in Fort Lauderdale, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | None Listed On Document | |
| Warranty Deed | $230,000 | None Listed On Document | |
| Warranty Deed | $107,500 | Sterling Title Partners Inc | |
| Warranty Deed | $195,000 | -- | |
| Warranty Deed | $135,000 | -- | |
| Warranty Deed | $90,000 | -- | |
| Warranty Deed | $1,500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $300,000 | Construction | |
| Previous Owner | $108,000 | Purchase Money Mortgage | |
| Previous Owner | $72,000 | Purchase Money Mortgage | |
| Previous Owner | $1,850,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | For Sale | $359,000 | +56.1% | $1,158 / Sq Ft |
| 11/13/2024 11/13/24 | Sold | $230,000 | -7.6% | $742 / Sq Ft |
| 10/06/2024 10/06/24 | Pending | -- | -- | -- |
| 10/02/2024 10/02/24 | For Sale | $248,800 | -- | $803 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History Compared to Growth
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 | $4,180 | $227,000 | $22,700 | $204,300 |
| 2024 | $4,023 | $213,030 | -- | -- |
| 2023 | $4,023 | $176,070 | $0 | $0 |
| 2022 | $3,322 | $160,070 | $16,010 | $144,060 |
| 2021 | $3,145 | $150,880 | $15,090 | $135,790 |
| 2020 | $2,954 | $141,320 | $14,130 | $127,190 |
| 2019 | $2,977 | $143,470 | $14,350 | $129,120 |
| 2018 | $2,801 | $140,170 | $14,020 | $126,150 |
| 2017 | $2,667 | $128,770 | $0 | $0 |
| 2016 | $2,519 | $117,070 | $0 | $0 |
| 2015 | $2,422 | $106,430 | $0 | $0 |
| 2014 | $2,158 | $96,760 | $0 | $0 |
| 2013 | -- | $79,310 | $7,930 | $71,380 |
Source: Public Records
Agents Affiliated with this Home
-
Helene Cohen
Seller's Agent in 2025
Helene Cohen
Galt Ocean Realty Inc
(732) 762-5640
14 in this area
30 Total Sales
-
Alexander Sepkowski
A
Seller's Agent in 2024
Alexander Sepkowski
Better Homes & Gdns RE Fla 1st
(410) 570-2380
1 in this area
12 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10464493
APN: 49-43-19-CH-0380
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