$425,000
SOLD JAN 4, 2021

4040 Galt Ocean Dr Unit 818 Fort Lauderdale, FL 33308

Galt Mile Neighborhood
2 Beds
2 Baths
1,166 Sq Ft
$1,276/mo HOA Fee

Recently Sold

$364 Per Sq Ft

14% Below List Price

503 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Clubhouse
  • Bayview Elementary School Rated A
  • Community Cabanas
  • Furnished

About This Home

As of February 2022

DIRECT OCEAN FRONT 2BED/2BATH NORTHEAST CORNER CONDO. RENTAL INCOME PROPERTY. TOTALLY RENOVATED WITH ALL HIGH END MATERIALS. SPACE REORGANIZED FOR MAXIMUM USAGE AND PROPERLY PERMITTED. RENT AS OFTEN AS YOU LIKE. USE IT AS OFTEN AS YOU LIKE! FLOOR TO CEILING WINDOWS IN BOTH BEDROOMS. SPECTACULAR OCEAN/BEACH VIEW!! ENTIRE BUILDING HAS HIGH IMPACT WINDOWS. ON PRESTIGIOUS GALT OCEAN MILE. WASHER AND DRYER IN CONDO. AMENITIES INCLUDE: OCEAN FRONT HEATED POOL NEXT TO TIKI BAR, CASA CALABRIA RESTAURANT, SPA/ SALON, LOUNGE, COFFEE SHOP, REAL ESTATE OFFICE. MAINTENANCE INCLUDES: WIFI, AC COOLANT, HOT WATER, CABLE, VALET PARKING.
CONVENIENT TO DOWNTOWN FORT LAUDERDALE. 45 MINUTES TO MIAMI. 10 MILES FROM FT LAUDERDALE AIRPORT. THIS CONDO HAS AN OUTSTANDING RENTAL INCOME HISTORY.
PRICED TO SELL!

Last Agent to Sell the Property

Neill Rathgeb

Prestige Waterfront Realty License #0683834 Listed on: 07/20/2019

Last Buyer's Agent

Neill Rathgeb

Castelli Ft.Lauderdale RE Serv

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,863

Year Built

  • Built in 1960

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,276 Monthly HOA Fees

Property Views

  • Ocean
  • Pool

Interior Spaces

  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Tinted Windows
  • Entrance Foyer
  • Sitting Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Schools

  • Bayview Elementary School

Utilities

  • Central Air
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494319CM1570

Community Details

Overview

  • Association fees include all facilities, management, cable TV, hot water, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, water
  • Ocean Manor Condo Subdivision
  • 11-Story Property

Amenities

  • Valet Parking
  • Picnic Area
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Community Cabanas
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,863

Year Built

Built in 1960

Lot Details

0

HOA Fees

$1,276 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 RIGHT AT 36 STREET, LEFT AT STOP SIGN ONTO GALT OCEAN DR. GO TO 4040 AND PLEASE VALET PARK.
  • Year Built: 1960
  • Carport Y N: No
  • Year Built Details: Condo-Conversion
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Bedroom on Main Level, Entrance Foyer, Living/Dining Room, Main Living Area Entry Level, Sitting Area in Master, Split Bedrooms, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Dining Room Type: Master Bedroom, Sitting Room
  • Stories: 11
  • Window Features: Drapes, Impact Glass, Tinted Windows

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors
  • View: Ocean, Pool
  • Pool Features: Heated
  • Waterfront Features: Beach Access, Deeded Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Open

Garage/Parking

  • Garage Yn: No
  • Parking Features: Valet

Utilities

  • Laundry Features: Common Area
  • Security: Closed Circuit Camera(s), Fire Alarm, Other
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1276.0
  • Senior Community: No
  • Amenities: Cabana, Clubhouse, Elevator(s), Laundry, Barbecue, Picnic Area, Pool, Restaurant
  • Association #2 Fee: 1276.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: All Facilities, Association Management, Cable TV, Hot Water, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Water

Schools

  • Elementary School: Bayview

Lot Info

  • Parcel #: 494319CM1570

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7863.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 16, 2022
Sold by
Scott Sanders
Bought by
Ocean Manor 818 Llc
Seller's Agent
Eric Berger
A. Berger Realty, Inc.
Buyer's Agent
Jason Butler
Castelli Luxury Real Estate
List Price
$689,000
Sold Price
$707,000
Premium/Discount to List
$18,000
2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%

Purchase Details

Listed on
Jul 20, 2019
Closed on
Jan 4, 2021
Sold by
Robbins Judy
Bought by
Sanders Scott
Seller's Agent
Neill Rathgeb
Prestige Waterfront Realty
Buyer's Agent
Neill Rathgeb
Castelli Ft.Lauderdale RE Serv
List Price
$495,000
Sold Price
$425,000
Premium/Discount to List
-$70,000
-14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.52%

Purchase Details

Closed on
Jun 3, 2004
Sold by
1146523 Ontario Corp
Bought by
Robbins Judy

Purchase Details

Closed on
Jul 21, 2000
Sold by
Jones Stanley W and Jones Carol L
Bought by
1146523 Ontario Corp

Purchase Details

Closed on
Sep 24, 1999
Sold by
Pr Rex Savage
Bought by
Jones Stanley W and Jones Carol L

Purchase Details

Closed on
Aug 6, 1998
Sold by
Twin Realty Inc
Bought by
Savage J Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.96%
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 Type Sale Price Title Company
Warranty Deed $707,000 Runyan Law Firm Pa
Warranty Deed $425,000 Attorney
Warranty Deed $300,000 Champagne Title Services Inc
Warranty Deed $152,500 --
Warranty Deed $125,000 --
Warranty Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $75,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 Price Changed $929,000 -3.1% $797 / Sq Ft
04/17/2025 04/17/25 For Sale $959,000 +35.6% $822 / Sq Ft
02/16/2022 02/16/22 Sold $707,000 +2.6% $606 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $689,000 +62.1% $591 / Sq Ft
01/04/2021 01/04/21 Sold $425,000 -14.1% $364 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
07/20/2019 07/20/19 For Sale $495,000 -- $425 / 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 $13,968 $789,520 -- --
2024 $13,544 $717,750 $53,060 $477,510
2023 $13,544 $696,960 $69,700 $627,260
2022 $8,572 $482,640 $48,260 $434,380
2021 $8,369 $429,940 $42,990 $386,950
2020 $8,429 $449,070 $44,910 $404,160
2019 $7,863 $436,530 $43,650 $392,880
2018 $7,114 $421,700 $42,170 $379,530
2017 $6,715 $321,670 $0 $0
2016 $6,430 $292,430 $0 $0
2015 $6,065 $265,850 $0 $0
2014 $5,503 $241,690 $0 $0
2013 -- $219,720 $21,970 $197,750
Source: Public Records

Agents Affiliated with this Home

  • Gabriella Thompson

    Seller's Agent in 2025

    Gabriella Thompson

    The Keyes Company

    (561) 774-5303

    74 Total Sales

    Gabriella Thompson
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Jason Butler

    Dwell Residential Real Estate

    (954) 905-2665

    8 Total Sales

    Jason Butler
    Section Image
  • Eric Berger

    Seller's Agent in 2022

    Eric Berger

    A. Berger Realty, Inc.

    (954) 805-7612

    1 in this area

    29 Total Sales

    Eric Berger
    Section Image
  • Neill Rathgeb

    Seller's Agent in 2021

    Neill Rathgeb

    Prestige Waterfront Realty

    (954) 557-5947

    27 in this area

    31 Total Sales

    Neill Rathgeb
    Section Image

  • N

    Buyer's Agent in 2021

    Neill Rathgeb

    Castelli Ft.Lauderdale RE Serv

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10185089

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-19-CM-1570

Florida Broward County Fort Lauderdale 33308 Galt Mile

4040 Galt Ocean Dr Unit 818, Fort Lauderdale, FL

This home is located at 4040 Galt Ocean Dr Unit 818, Fort Lauderdale, FL 33308 and is currently priced at $425,000, approximately $364 per square foot. This property was built in 1960. 4040 Galt Ocean Dr Unit 818 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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