NOT LISTED FOR SALE

4040 Galt Ocean Dr Unit 315 Fort Lauderdale, FL 33308

Galt Mile Neighborhood

Estimated Value: $295,000 - $337,000

2 Beds
2 Baths
350 Sq Ft
$1,004/mo HOA Fee

Last Sold February 21, 2022

Last sale price $320,000 $914 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,118/month

124 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Walk-In Closet
  • Bayview Elementary School Rated A
  • Heated Pool
  • Security Guard

About This Home

As of February 2022

Resort Lifestyle--Oceanfront! Estate sale of two connected studio hotel rooms. Ocean Manor is Condo-Hotel. Live Here or Rent It as often as you like--By the day/week/month--No rental restrictions at all! Rent it as an airbnb or through the hotel immediately upon closing. High impact windows in entire building. Both units have balcony, facing west (parking lot) Wonderful on-site amenities--Direct beach access, Poolside Cabanas, Oceanfront Tiki Bar, Heated pool, Casa Calabria Restaurant, Lounge, Spa/Salon, Coffee shop, Valet parking--All in the building. Pet Friendly.

Last Agent to Sell the Property

Diana Fairbanks

Balistreri Real Estate Inc License #3165158 Listed on: 09/19/2021

Balistreri Real Estate Inc

Last Buyer's Agent

Daniel Coco

Windsor Realty Partners LLC License #3406997

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,144

Year Built

  • Built in 1960

Lot Details

  • Ocean Front

HOA Fees

  • $1,004 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 350 Sq Ft Home
  • Ocean Views
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494319CH0490

Community Details

Overview

  • Association fees include management, common areas, cable TV, HVAC, insurance, maintenance structure, pest control, pool(s), roof, sewer, security, trash, water
  • Ocean Manor Condo Subdivision
  • 11-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,144

Year Built

Built in 1960

Lot Details

0

HOA Fees

$1,004 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: East of Ocean Blvd. North of Oakland Park Blvd. Pet restrictions and monthly condo fees to be verified.
  • Year Built: 1960
  • Property Attached Yn: No
  • Year Built Details: Condo-Hotel
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Elevator, Other, Split Bedrooms, Walk-In Closet(s)
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 350.0
  • Stories: 11

Exterior Features

  • Exterior Features: Security/High Impact Doors
  • View: Ocean, Water
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Beach Access, Deeded Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Closed Circuit Camera(s), Door Man, Security Guard, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1004.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Beach Rights, Pool, Restaurant, Trash, Elevator(s)
  • Association #2 Fee: 1004.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, HVAC, Insurance, Maintenance Structure, Pest Control, Pool(s), Roof, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 494319CH0490

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3144.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2021
Closed on
Feb 11, 2022
Sold by
Chris Lombardo
Bought by
Om 311 Llc
Seller's Agent
Diana Fairbanks
Balistreri Real Estate Inc
Buyer's Agent
Daniel Coco
Windsor Realty Partners LLC
List Price
$449,000
Sold Price
$320,000
Premium/Discount to List
-$129,000
-28.73%
Current Estimated Value
$313,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,753
Avg. Annual Appreciation
0.29%

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
Om 311 Llc $320,000 Diana Waterous Centorino Pa
Available Not $33,571 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2022 02/21/22 Sold $320,000 -28.7% $914 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
09/19/2021 09/19/21 For Sale $449,000 -- $1,283 / 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 $4,888 $243,340 $24,330 $219,010
2024 $4,944 $243,340 $24,330 $219,010
2023 $4,944 $242,560 $24,260 $218,300
2022 $3,538 $171,590 $17,160 $154,430
2021 $3,349 $161,730 $16,170 $145,560
2020 $3,144 $151,500 $15,150 $136,350
2019 $3,131 $153,800 $15,380 $138,420
2018 $2,827 $150,260 $15,030 $135,230
2017 $2,678 $124,460 $0 $0
2016 $2,532 $113,150 $0 $0
2015 $2,442 $102,870 $0 $0
2014 $2,114 $93,520 $0 $0
2013 -- $85,020 $8,500 $76,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10301216

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-19-CH-0490