NOT LISTED FOR SALE

4040 Galt Ocean Dr Unit C-2 Fort Lauderdale, FL 33308

Galt Mile Neighborhood

Estimated Value: $246,000 - $371,000

1 Bed
0.5 Bath
-- Sq Ft
2.26 Acres

Last Sold February 26, 2021

Last sale price $188,000

Est. 44% increase in value since last sale

Current estimated payment $1,615/month

34 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Furnished
  • Bayview Elementary School Rated A
  • Community Cabanas
  • Closed Circuit Camera

About This Home

As of February 2021

OCEAN FRONT CABANA FOR SALE AS PART OF THE SALE OF CONDO IN THE SAME BUILDING. PLEASE SEE BROKER REMARKS.

Last Agent to Sell the Property

Neill Rathgeb

Prestige Waterfront Realty License #0683834 Listed on: 12/23/2020

Last Buyer's Agent

Neill Rathgeb

Castelli Ft.Lauderdale RE Serv

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $752

Year Built

  • Built in 1960

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $68 Monthly HOA Fees

Property Views

  • Ocean
  • Pool

Interior Spaces

  • 0.5 Bathroom
  • Furnished
  • Ceramic Tile Flooring
  • Closed Circuit Camera

Pool

  • Heated Pool

Utilities

  • No Cooling
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494319DB2110

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

Recreation

  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$752

Year Built

Built in 1960

Lot Details

0

HOA Fees

$68 per month

Listing Details

  • Prop. Type: Residential
  • 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: Resale
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: First Floor Entry, Other
  • Main Level Bathrooms: 1
  • Furnished: Furnished
  • Appliances: Refrigerator
  • Half Bathrooms: 1
  • Flooring: Ceramic Tile
  • Stories: 11

Exterior Features

  • View: Ocean, Pool
  • Pool Features: Heated
  • Waterfront Features: Beach Access, Deeded Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southeast
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Valet

Utilities

  • Security: Closed Circuit Camera(s), Other
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 68.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Cabana, Pool
  • Association #2 Fee: 68.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

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 #: 494319DB2110

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 752.0

Multi Family

  • Number Of Units In Community: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2020
Closed on
Feb 26, 2021
Sold by
Diamantidis Jenna
Bought by
518 Services Llc
Seller's Agent
Neill Rathgeb
Prestige Waterfront Realty
Buyer's Agent
Neill Rathgeb
Castelli Ft.Lauderdale RE Serv
List Price
$239,000
Sold Price
$188,000
Premium/Discount to List
-$51,000
-21.34%
Current Estimated Value
$269,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,969
Avg. Annual Appreciation
8.43%
Original Mortgage
$250,000
Outstanding Balance
$226,639
Interest Rate
2.7%
Mortgage Type
Stand Alone First
Estimated Equity
$43,330

Purchase Details

Closed on
May 21, 2019
Sold by
Diamantidis Nikolaos and Diamantidis Anna L
Bought by
Diamantidis Jenna

Purchase Details

Closed on
Jan 3, 2014
Sold by
Newman John Richard and Newman Jacquelyn B
Bought by
Diamantidis Nikolaos and Diamantidis Anna L

Purchase Details

Closed on
Jun 27, 2002
Sold by
Jones Stanley W and Jones Carol L
Bought by
Newman John R and Newman Jacquelyn B
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
518 Services Llc $188,000 Attorney
Diamantidis Jenna -- None Available
Diamantidis Nikolaos $122,200 Attorney
Newman John R $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 518 Services Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $188,000 -21.3% --
01/27/2021 01/27/21 Pending -- -- --
12/23/2020 12/23/20 For Sale $239,000 -- --
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 $922 $31,180 $3,120 $28,060
2024 $876 $31,180 $3,120 $28,060
2023 $876 $27,110 $2,710 $24,400
2022 $817 $25,410 $2,540 $22,870
2021 $767 $23,180 $2,320 $20,860
2020 $752 $22,500 $2,250 $20,250
2019 $644 $19,960 $2,000 $17,960
2018 $556 $18,810 $1,880 $16,930
2017 $544 $13,880 $0 $0
2016 $515 $12,620 $0 $0
2015 $450 $11,480 $0 $0
2014 $322 $4,140 $0 $0
2013 -- $5,000 $500 $4,500
Source: Public Records

Agents Affiliated with this Home

  • Neill Rathgeb

    Seller's Agent in 2021

    Neill Rathgeb

    Prestige Waterfront Realty

    (954) 557-5947

    28 in this area

    30 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    Neill Rathgeb

    Castelli Ft.Lauderdale RE Serv

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10263025

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-19-DB-2110

Florida Broward County Fort Lauderdale 33308 Galt Mile

4040 Galt Ocean Dr Unit C-2, Fort Lauderdale, FL

This home is located at 4040 Galt Ocean Dr Unit C-2, Fort Lauderdale, FL 33308 since 23 December 2020 and is currently estimated at $291,000. This property was built in 1960. 4040 Galt Ocean Dr Unit C-2 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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