NOT LISTED FOR SALE

4040 Galt Ocean Dr Unit 418 Fort Lauderdale, FL 33308

Galt Mile Neighborhood

Estimated Value: $314,142 - $348,000

1 Bed
1 Bath
320 Sq Ft
$512/mo HOA Fee

Last Sold June 08, 2018

Last sale price $224,000 $700 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,759/month

90 Days on Market

Highlights

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

About This Home

As of June 2018

RENTAL INCOME PROPERTY: OCEAN DIRECT STUDIO ON THE BEACH. TOTALLY RENOVATED, BEAUTIFUL FINISHES. SPECTACULAR OCEAN VIEW. CAN BE RENTED AS OFTEN AS OWNER WISHES. AMENITIES: OCEAN FRONT HEATED POOL, TIKIBAR, CASA CALABRIA RESTAURANT, SPA/SALON,REAL ESTATE OFFICE ,LOUNGE, COFFEE SHOP++ MOST OWNERS ARE INVESTORS. MAINTENANCE INCLUDES:ELECTRIC, HOT WATER, AC COOLANT, VALET PARK, CABLE ++ OWNER DISCOUNT AT RESTAURANTS. IMPACT WINDOWS. TURNKEY. PLEASE SEE THE PHOTOS.THIS STACK IS RARELY AVAILABLE.

Last Agent to Sell the Property

Neill Rathgeb

Prestige Waterfront Realty License #0683834 Listed on: 02/07/2018

Last Buyer's Agent

Neill Rathgeb

Castelli Ft.Lauderdale RE Serv

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 1960

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $512 Monthly HOA Fees

Property Views

  • Ocean
  • Garden
  • Pool

Interior Spaces

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

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck
  • Open Patio

Schools

  • Bayview Elementary School

Utilities

  • Central Air
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494319CH0860

Community Details

Overview

  • Association fees include all facilities, common areas, cable TV, electricity, laundry, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s)
  • 192 Units
  • Ocean Manor Condo Subdivision
  • 11-Story Property

Amenities

  • Valet Parking
  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,376

Year Built

Built in 1960

Lot Details

0

HOA Fees

$512 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: FROM A1A AND OAKLAND PARK BLVD: NORTH ON A1A TO EAST ON 36ST. NORTH AT STOP SIGN. DRIVE TO PROPERTY AND VALET PARK.
  • Year Built: 1960
  • Carport Y N: No
  • Year Built Details: Unknown
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Main Living Area Entry Level, Other
  • Furnished: Furnished
  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 320.0
  • Stories: 11
  • Window Features: Drapes, Impact Glass

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: One Space, Valet

Utilities

  • Security: Fire Alarm, Other
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 512.0
  • Senior Community: No
  • Amenities: Elevator(s)
  • Association #2 Fee: 512.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: All Facilities, Common Areas, Cable TV, Electricity, Laundry, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s)

Schools

  • Elementary School: Bayview

Lot Info

  • Parcel #: 494319CH0860

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3376.0

Multi Family

  • Number Of Units In Community: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
Michael Cone Enterprises Llc
Bought by
Gopul Llc
Current Estimated Value
$333,036

Purchase Details

Listed on
Feb 7, 2018
Closed on
Jun 8, 2018
Sold by
Central Atlantic Investments Llc
Bought by
Michael Cone Enterprises Llc
Seller's Agent
Neill Rathgeb
Prestige Waterfront Realty
Buyer's Agent
Neill Rathgeb
Castelli Ft.Lauderdale RE Serv
List Price
$225,000
Sold Price
$224,000
Premium/Discount to List
-$1,000
-0.44%

Purchase Details

Listed on
Jan 22, 2015
Closed on
Apr 6, 2015
Sold by
Volynets Danylo
Bought by
Central Atlantic Investments Llc
Seller's Agent
Howard Goldberg
RE/MAX Consultants Realty 1
Buyer's Agent
Neill Rathgeb
Castelli Ft.Lauderdale RE Serv
List Price
$199,500
Sold Price
$175,000
Premium/Discount to List
-$24,500
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Jan 7, 2013
Sold by
Bruens Michael and Bruens Patrice
Bought by
Volynets Danylo

Purchase Details

Closed on
May 17, 2007
Sold by
Ulitsky Alex
Bought by
Bruens Michael and Bruens Patrice

Purchase Details

Closed on
Nov 19, 2003
Sold by
Rhodes Gregory and Rhodes Kimberly
Bought by
Ulitsky Alex

Purchase Details

Closed on
Aug 7, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Jul 31, 2001
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
Gopul Llc $340,000 Attorneys Signature Title
Michael Cone Enterprises Llc $224,000 Attorney
Central Atlantic Investments Llc $175,000 None Available
Volynets Danylo $140,000 Attorney
Bruens Michael $200,000 Attorney
Ulitsky Alex $75,000 --
Available Not $45,400 --
Available Not $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhodes Gregory $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $224,000 -0.4% $700 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $225,000 +28.6% $703 / Sq Ft
04/06/2015 04/06/15 Sold $175,000 -12.3% $547 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $199,500 -- $623 / 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 $5,185 $286,900 $28,690 $258,210
2024 $4,985 $286,900 $28,690 $258,210
2023 $4,985 $222,530 $0 $0
2022 $4,105 $202,300 $20,230 $182,070
2021 $3,884 $190,680 $19,070 $171,610
2020 $3,643 $178,610 $17,860 $160,750
2019 $3,681 $181,320 $18,130 $163,190
2018 $3,472 $177,160 $17,720 $159,440
2017 $3,376 $168,860 $0 $0
2016 $3,189 $153,920 $0 $0
2015 $3,053 $138,600 $0 $0
2014 $2,742 $126,000 $0 $0
2013 -- $100,230 $10,020 $90,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10104495

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-19-CH-0860