NOT LISTED FOR SALE

Estimated Value: $332,000 - $464,000

1 Bed
1.5 Baths
950 Sq Ft
$783/mo HOA Fee

Last Sold September 29, 2023

Last sale price $450,000 $474 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,535/month

53 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Community Pool
  • Bayview Elementary School Rated A
  • High Ceiling
  • Elevator

About This Home

As of September 2023

Welcome to this exquisite 1/1.5 bedroom penthouse condo. Situated on the top floor, this designer remodeled unit features not only a sweeping panoramic view, from the ocean to the Intracoastal, but also extra tall ceilings not found below. A well maintained building, with one of the newest lobbies on Galt Ocean Mile, and a recently completed 40 year certification.Residents of Galt Towers enjoy resort style amenities including exclusive beach access, newly renovated swimming pool & fitness center, and oversized beachfront sun deck. Located within walking distance to the shops and restaurants of Lauderdale-by-the Sea this residence offers the perfect balance of tranquility and convenience.

Last Agent to Sell the Property

David Fleishman

Current Properties License #3262886 Listed on: 06/30/2023

Co-Listed By

Sunnie Mcallister

Current Properties License #3548606

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,428

Year Built

  • Built in 1967

Lot Details

  • Ocean Front

HOA Fees

  • $783 Monthly HOA Fees

Property Views

Interior Spaces

  • 950 Sq Ft Home
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 494319ca2450

Community Details

Overview

  • Association fees include management, cable TV, HVAC, insurance, maintenance structure, pest control, pool(s), reserve fund, sewer, security, trash, water, internet
  • Galt Towers Condo Subdivision
  • 15-Story Property

Amenities

  • Community Library
  • Laundry Facilities
  • Elevator
  • Community Wi-Fi

Recreation

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Phone Entry
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,428

Year Built

Built in 1967

Lot Details

0

HOA Fees

$783 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1967
  • Entry Level: 16
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings, Separate Shower, Walk-In Closet(s)
  • Furnished: Negotiable
  • Appliances: Cooktop, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 950.0
  • Stories: 15
  • Window Features: Blinds, Drapes, Impact Glass

Exterior Features

  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Common Area
  • Security: Phone Entry, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 783.0
  • Community Features: Internet Access, Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Laundry, Library, Management, Pool, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, HVAC, Insurance, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Sewer, Security, Trash, Water, Internet

Lot Info

  • Parcel #: 494319ca2450
  • Lot Size: East of US-1
  • Zoning Description: RMH-60

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5428.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Sep 29, 2023
Sold by
Strauss Leslie C
Bought by
Ochoa Sergio and Ochoa Claudia
Seller's Agent
David Fleishman
Current Properties
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%
Views
158
Current Estimated Value
$388,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,451
Avg. Annual Appreciation
-4.33%
Original Mortgage
$200,000
Outstanding Balance
$196,951
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$217,628

Purchase Details

Closed on
Sep 6, 2016
Sold by
Strauss Norman T and Strausss Leslie C
Bought by
Strauss Norman T and Strauss Leslie C

Purchase Details

Closed on
Apr 18, 2013
Sold by
Strauss Norman T and Strauss Leslie C
Bought by
Strauss Norman T and Strauss Leslie C

Purchase Details

Closed on
Jul 28, 2004
Sold by
Sanfilippo Joseph B
Bought by
Strauss Norman T and Strauss Leslie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2003
Sold by
Apicella Theresa E
Bought by
Sanfilippo Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2002
Sold by
Shaffer David
Bought by
Apicella Theresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.99%

Purchase Details

Closed on
Jun 3, 1997
Sold by
Reidy Eugene D and Reidy Carolyn M
Bought by
Shaffer David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.18%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 1, 1984
Sold by
Available Not
Bought by
Available Not
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
Ochoa Sergio $450,000 Sunbelt Title
Strauss Norman T -- None Available
Strauss Norman T -- Attorney
Strauss Norman T $290,000 Agents Title Inc
Sanfilippo Joseph B $210,000 Sunbelt Title Agency
Apicella Theresa E $130,000 American Fidelity Title
Shaffer David $85,000 --
Reidy Eugene D $127 --
Available Not $7,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Sergio $200,000
Previous Owner Strauss Norman T $100,000
Previous Owner Sanfilippo Joseph B $168,000
Previous Owner Apicella Theresa E $104,000
Previous Owner Reidy Eugene D $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $450,000 -2.2% $474 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $460,000 -- $484 / Sq Ft
Source: BeachesMLS

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 $7,270 $371,530 $37,150 $334,380
2024 $6,228 $371,530 $37,150 $334,380
2023 $6,228 $300,780 $0 $0
2022 $5,428 $273,440 $27,340 $246,100
2021 $4,983 $249,660 $24,970 $224,690
2020 $4,788 $240,390 $24,040 $216,350
2019 $4,556 $228,430 $22,840 $205,590
2018 $4,418 $229,240 $22,920 $206,320
2017 $4,463 $227,730 $0 $0
2016 $4,400 $214,500 $0 $0
2015 $4,165 $195,000 $0 $0
2014 $3,814 $177,280 $0 $0
2013 -- $161,170 $16,120 $145,050
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10901193

BeachesMLS

APN: 49-43-19-CA-2450