NOT LISTED FOR SALE

4040 Galt Ocean Dr Unit 515 Fort Lauderdale, FL 33308

Galt Mile Neighborhood

Estimated Value: $559,419 - $683,000

2 Beds
2 Baths
1,100 Sq Ft
$926/mo HOA Fee

Last Sold April 18, 2019

Last sale price $390,000 $355 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,962/month

222 Days on Market

Highlights

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

About This Home

As of April 2019

RENTAL INCOME PROPERTY ON THE BEACH:2BED/2BATH. NORTHEAST VIEW OF OCEAN AND POOL. LOCK-OFF: 2 BEDROOM OR 1 BEDROOM + A HOTEL ROOM. RENT AS SOON AS YOU OWN, USE AS OFTEN AS YOU LIKE. AMENITIES: OCEANFRONT HEATED POOL, TIKIBAR, CASA CALABRIA RESTAURANT, SPA/SALON, REAL ESTATE OFFICE, LOUNGE, COFFESHOP. MAINTENANCE INCLUDES: WIFI, VALET PARKING, CABLE. MOST OWNERS ARE INVESTORS. PET FRIENDLY. FABULOUS GALT OCEAN MILE. RENOVATED: GRANITE COUNTERS, SS APPLIANCES AND PORCELAIN FLOORS. IMPACT WINDOWS. TURNKEY.

Last Agent to Sell the Property

Neill Rathgeb

Prestige Waterfront Realty License #0683834 Listed on: 08/08/2018

Co-Listed By

Derek Rathgeb

Prestige Waterfront Realty License #3328253

Last Buyer's Agent

Neill Rathgeb

Castelli Ft.Lauderdale RE Serv

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,453

Year Built

  • Built in 1960 | Under Construction

Lot Details

  • Ocean Front
  • North Facing Home

HOA Fees

  • $926 Monthly HOA Fees

Property Views

  • Ocean
  • Pool

Interior Spaces

  • Furnished
  • Single Hung Metal Windows
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Balcony
  • Open Patio

Utilities

  • Central Air
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494319CM1130

Community Details

Overview

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

Amenities

  • Valet Parking
  • 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

$5,453

Year Built

Built in 1960 | Under Construction

Lot Details

0

HOA Fees

$926 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: Under Construction
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Stories: 11
  • Window Features: Drapes, Metal, Single Hung

Exterior Features

  • Exterior Features: Balcony, Barbecue
  • View: Ocean, Pool
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Beach Access, Deeded Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Under Construction

Garage/Parking

  • Garage Yn: No
  • Parking Features: Valet

Utilities

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

Condo/Co-op/Association

  • Association Fee: 926.0
  • Senior Community: No
  • Amenities: Laundry, Other, Pool, Elevator(s)
  • Association #2 Fee: 926.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

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

Lot Info

  • Parcel #: 494319CM1130

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5453.0

Multi Family

  • Number Of Units In Community: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Apr 18, 2019
Sold by
Smiian Sergii and Smiian Sergii
Bought by
Ocean Manor 509 Llc
Seller's Agent
Neill Rathgeb
Prestige Waterfront Realty
Buyer's Agent
Neill Rathgeb
Castelli Ft.Lauderdale RE Serv
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Current Estimated Value
$601,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,355
Original Mortgage
$340,000
Outstanding Balance
$303,102
Interest Rate
4.4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 24, 2015
Sold by
Zhmak Volodymyr and Jmak Marianne Nublat
Bought by
Sergii Smiian

Purchase Details

Closed on
Mar 12, 2013
Sold by
Dudzinski Michael
Bought by
Zhmak Volodymyr and Jmak Marianne Nublat

Purchase Details

Closed on
Jul 14, 2009
Sold by
515 Ocean Manor Llc
Bought by
Dudzinski Michael

Purchase Details

Closed on
Nov 5, 2008
Sold by
Talerico Frank
Bought by
515 Ocean Manor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,138
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Talerico Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,138
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2008
Sold by
Martinez Patricia
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Sep 21, 2006
Sold by
Sanchez Lucero
Bought by
Martinez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Michael Curry Family Lp
Bought by
Pacaa Llc

Purchase Details

Closed on
Sep 18, 2003
Sold by
Bfp Investments Ltd
Bought by
Michael Curry Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,999
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2000
Sold by
Lund James and Norman Ladonna
Bought by
Bfp Investments Ltd
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ocean Manor 509 Llc $390,000 Attorney
Sergii Smiian $250,000 Attorney
Zhmak Volodymyr $263,000 Attorney
Dudzinski Michael $247,000 Attorney
515 Ocean Manor Llc $277,200 Attorney
Talerico Frank $259,000 Attorney
Deutsche Bank National Trust Co -- Attorney
Martinez Patricia $700,000 Attorney
Sanchez Lucero $510,000 Attorney
Pacaa Llc $268,000 Blade Title Company
Michael Curry Family Lp $672,000 --
Bfp Investments Ltd $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocean Manor 509 Llc $340,000
Previous Owner 515 Ocean Manor Llc $277,138
Previous Owner Martinez Patricia $525,000
Previous Owner Michael Curry Family Lp $465,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2019 04/18/19 Sold $390,000 -8.2% $355 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
08/08/2018 08/08/18 For Sale $425,000 -- $386 / 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 $9,122 $442,040 -- --
2024 $7,348 $442,040 $37,260 $335,340
2023 $7,348 $365,330 $0 $0
2022 $6,595 $332,120 $0 $0
2021 $5,991 $301,930 $30,190 $271,740
2020 $6,209 $315,360 $31,540 $283,820
2019 $6,009 $306,570 $30,660 $275,910
2018 $5,632 $296,140 $29,610 $266,530
2017 $5,453 $281,270 $0 $0
2016 $5,335 $266,600 $0 $0
2015 $5,072 $247,170 $0 $0
2014 -- $236,700 $0 $0
2013 -- $154,300 $15,430 $138,870
Source: Public Records

Agents Affiliated with this Home

  • Neill Rathgeb

    Seller's Agent in 2019

    Neill Rathgeb

    Prestige Waterfront Realty

    (954) 557-5947

    28 in this area

    30 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Derek Rathgeb

    Prestige Waterfront Realty

    (954) 563-9889

    1 in this area

    2 Total Sales

    Section Image

  • N

    Buyer's Agent in 2019

    Neill Rathgeb

    Castelli Ft.Lauderdale RE Serv

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10132377

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-19-CM-1130

Florida Broward County Fort Lauderdale 33308 Galt Mile

4040 Galt Ocean Dr Unit 515, Fort Lauderdale, FL

This home is located at 4040 Galt Ocean Dr Unit 515, Fort Lauderdale, FL 33308 since 08 August 2018 and is currently estimated at $601,355, approximately $546 per square foot. This property was built in 1960. 4040 Galt Ocean Dr Unit 515 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.

Nearby Homes