$168,500
SOLD DEC 18, 2018

4040 Galt Ocean Dr Unit 307 Fort Lauderdale, FL 33308

Galt Mile Neighborhood
-- Bed
1 Bath
310 Sq Ft
$419/mo HOA Fee

Recently Sold

$544 Per Sq Ft

4% Below List Price

34 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Deck
  • Bayview Elementary School Rated A
  • Heated Pool
  • Furnished

About This Home

As of December 2018

RENTAL INCOME PROPERTY. STUDIO. FACES WEST FOR SUNSET AND AFTERNOON LIGHT. BUILDING IS ON THE SAND, NO STREET TO CROSS TO THE BEACH. LOCATED ON GALT OCEAN MILE. RENT IMMEDIATELY OFTEN AS YOU LIKE. AMENITIES:OCEAN FRONT HEATED POOL NEXT TO TIKIBAR, CASA CALABRIA RESTAURANT, SPA/ SALON, REAL ESTATE OFFICE, LOUNGE, COFFESHOP. MAINTENANCE: WIFI, VALET PARKING,AC COOLANT,CABLE,
ELECTRIC, HOT WATER. IMPACT WINDOWS IN ENTIRE BUILDING. MOST OWNERS ARE INVESTORS.USE AS VACATION GETAWAY AND RENT FOR INCOME.

Last Agent to Sell the Property

Neill Rathgeb

Prestige Waterfront Realty License #0683834 Listed on: 10/14/2018

Last Buyer's Agent

S Abigail Raymond-Dow

Coral Shores Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,724

Year Built

  • Built in 1960

Lot Details

  • Ocean Front

HOA Fees

  • $419 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 310 Sq Ft Home
  • Furnished
  • Ceramic Tile Flooring

Home Security

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Balcony
  • Deck
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Air
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494319CH0420

Community Details

Overview

  • Association fees include all facilities, management, common areas, cable TV, electricity, hot water, laundry, legal/accounting, ground maintenance, maintenance structure, parking, pest control
  • Ocean Manor Condo Subdivision
  • 11-Story Property

Amenities

  • Valet Parking
  • Picnic Area
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,724

Year Built

Built in 1960

Lot Details

0

HOA Fees

$419 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
  • Year Built Details: Unknown
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Third Floor Entry
  • Furnished: Furnished
  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 310.0
  • Stories: 11

Exterior Features

  • Exterior Features: Balcony, Barbecue, Deck, Security/High Impact Doors
  • View: Other
  • Pool Features: Heated
  • Waterfront Features: Beach Access, Deeded Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Deck, Open
  • Property Condition: Unknown

Garage/Parking

  • Garage Yn: No
  • Parking Features: Valet

Utilities

  • Laundry Features: Common Area
  • Security: Fire Alarm, Other
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 419.0
  • Senior Community: No
  • Amenities: Elevator(s), Laundry, Barbecue, Picnic Area, Pool
  • Association #2 Fee: 419.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: All Facilities, Association Management, Common Areas, Cable TV, Electricity, Hot Water, Laundry, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control

Lot Info

  • Parcel #: 494319CH0420

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2724.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
Elyse Schechter
Bought by
Lauderdale Beaches Vacation Rentals Llc

Purchase Details

Listed on
Oct 14, 2018
Closed on
Dec 18, 2018
Sold by
Central Atlantic Investments Llc
Bought by
Schechter Elyse
Seller's Agent
Neill Rathgeb
Prestige Waterfront Realty
Buyer's Agent
S Abigail Raymond-Dow
Coral Shores Realty Inc
List Price
$175,000
Sold Price
$168,500
Premium/Discount to List
-$6,500
-3.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Listed on
May 1, 2014
Closed on
Jul 24, 2015
Sold by
Rossetti Giovanni A and Rossetti Janice M
Bought by
Central Atlantic Investments Llc
Seller's Agent
Neill Rathgeb
Prestige Waterfront Realty
Buyer's Agent
Neill Rathgeb
Castelli Ft.Lauderdale RE Serv
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%

Purchase Details

Closed on
Mar 14, 2005
Sold by
Williams Joseph E
Bought by
Rossetti Giovanni A and Rossetti Janice M

Purchase Details

Closed on
Jul 7, 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
6.25%
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
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 Type Sale Price Title Company
Quit Claim Deed -- Schnall Ilene S
Warranty Deed $168,500 Attorney
Warranty Deed $145,000 Attorney
Warranty Deed $150,000 --
Warranty Deed $90,000 --
Warranty Deed $1,500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
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
06/19/2025 06/19/25 For Sale $300,000 +78.0% $968 / Sq Ft
12/18/2018 12/18/18 Sold $168,500 -3.7% $544 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
10/14/2018 10/14/18 For Sale $175,000 +20.7% $565 / Sq Ft
07/29/2015 07/29/15 Sold $145,000 -3.3% $468 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
05/01/2014 05/01/14 For Sale $150,000 -- $484 / 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 $4,583 $227,000 $22,700 $204,300
2024 $4,635 $227,000 $22,700 $204,300
2023 $4,635 $226,270 $22,630 $203,640
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 $2,724 $133,600 $0 $0
2016 $2,576 $121,790 $0 $0
2015 $2,293 $95,960 $0 $0
2014 $1,987 $87,240 $0 $0
2013 -- $79,310 $7,930 $71,380
Source: Public Records

Agents Affiliated with this Home

  • Neal Wiseman

    Seller's Agent in 2025

    Neal Wiseman

    Southern Group Realty Inc

    (954) 663-9255

    1 in this area

    60 Total Sales

    Section Image
  • Neill Rathgeb

    Seller's Agent in 2018

    Neill Rathgeb

    Prestige Waterfront Realty

    (954) 557-5947

    28 in this area

    31 Total Sales

    Section Image

  • S

    Buyer's Agent in 2018

    S Abigail Raymond-Dow

    Coral Shores Realty Inc

  • Abby Raymond-Dow

    Buyer's Agent in 2018

    Abby Raymond-Dow

    LoKation

    (954) 205-2229

    1 in this area

    31 Total Sales

    Section Image

  • N

    Buyer's Agent in 2015

    Neill Rathgeb

    Castelli Ft.Lauderdale RE Serv

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10145451

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-19-CH-0420

Florida Broward County Fort Lauderdale 33308 Galt Mile

4040 Galt Ocean Dr Unit 307, Fort Lauderdale, FL

This home is located at 4040 Galt Ocean Dr Unit 307, Fort Lauderdale, FL 33308 and is currently priced at $168,500, approximately $543 per square foot. This property was built in 1960. 4040 Galt Ocean Dr Unit 307 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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