NOT LISTED FOR SALE

4040 Galt Ocean Dr Unit 709 Fort Lauderdale, FL 33308

Galt Mile Neighborhood

Estimated Value: $369,000 - $392,000

1 Bed
1 Bath
802 Sq Ft
$841/mo HOA Fee

Last Sold January 21, 2025

Last sale price $385,000 $480 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,560/month

28 Days on Market

Highlights

  • Property has ocean access
  • Community Cabanas
  • Waterfront
  • Bayview Elementary School Rated A
  • Fitness Center
  • Furnished

About This Home

As of January 2025

OCEANFRONT GEM ALERT!! Prestigious Galt Ocean Resort-HotelInvest or move in this stunning beachfront condo on Galt Ocean Drive and wake up to breathtaking city views!Turnkey, full furnished and equipped,just bring on your clothes and toothbrush!Investors!!!Full Rented till March, and/or share your second home/vacation snow birds!Amazing amenities: Tiki bar, Spa/Barber/Hair stylist, Lounge and coffee lounge, ATM, Laundry/dry Cleaning service, wheelchair Access to Common/Public areas Common area Internet, pool, gym, Italian restaurant, Business Center, Event's Space for weddings, Pool, Beachfront( Entrance from pool), two restaurants and coffee bar, Multi-lingual Staff... all one elevator away! 2 Chairs and Umbrella free on the beach and valet parking service! Come and enjoy!

Last Listed By

Sharon Taurel

The Keyes Company License #3300268 Listed on: 11/11/2024

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,779

Year Built

  • Built in 1960

Lot Details

  • 2.26

HOA Fees

  • $841 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 802 Sq Ft Home
  • Furnished
  • Built-In Features
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Water Views
  • Home Security System

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Sinks

Additional Features

  • Property has ocean access
  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494319cm1380
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include electricity, hot water, laundry, parking, security
  • High-Rise Condominium
  • Ocean Manor Condo Subdivision
  • 11-Story Property

Amenities

  • Game Room
  • Elevator

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,779

Year Built

Built in 1960

Lot Details

0

HOA Fees

$841 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1960
  • Architectural Style: High Rise
  • Entry Level: 7
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Elevator, Living/Dining Room, Tub Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 802.0
  • Dining Room Type: Storage Room
  • Stories: 11
  • Window Features: Drapes, Impact Glass, Sliding

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Security System, Closed Circuit Camera(s), Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 841.0
  • Community Features: Game Room, Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Cabana, Fitness Center, Management, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Electricity, Hot Water, Laundry, Parking, Security

Lot Info

  • Parcel #: 494319cm1380
  • Zoning Description: RMH-60

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5779.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Jan 21, 2025
Sold by
Sequera Juan F and Sequera Silvia D
Bought by
Om 709 Llc
Seller's Agent
Sharon Taurel
The Keyes Company
Buyer's Agent
Sharon Taurel
The Keyes Company
List Price
$390,000
Sold Price
$385,000
Premium/Discount to List
-$5,000
-1.28%
Total Days on Market
28
Views
7
Current Estimated Value
$381,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,804
Avg. Annual Appreciation
-3.89%
Original Mortgage
$285,000
Outstanding Balance
$284,502
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$96,694

Purchase Details

Closed on
Jul 31, 2001
Sold by
Gerald Mccallum M and Sherry Mccallum M
Bought by
Sequera Juan F and Sequera Silvia D

Purchase Details

Closed on
Oct 9, 2000
Sold by
Considine Valerie
Bought by
Mccallum Gerald and Mccallum Sherry

Purchase Details

Closed on
Jun 1, 1992
Sold by
Available Not
Bought by
Available Not

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
Om 709 Llc $385,000 None Listed On Document
Sequera Juan F $104,000 --
Mccallum Gerald $81,500 --
Available Not $8,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Om 709 Llc $285,000
Previous Owner Sequera Juan F $80,000
Previous Owner Sequera Juan F $83,245
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $385,000 -1.3% $480 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/11/2024 11/11/24 For Sale $390,000 -- $486 / 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 $7,153 $342,990 -- --
2024 $5,779 $342,990 $28,910 $260,200
2023 $5,779 $283,470 $0 $0
2022 $5,190 $257,700 $0 $0
2021 $4,719 $234,280 $23,430 $210,850
2020 $4,752 $244,700 $24,470 $220,230
2019 $4,426 $237,870 $23,790 $214,080
2018 $3,993 $229,790 $22,980 $206,810
2017 $3,775 $175,280 $0 $0
2016 $3,620 $159,350 $0 $0
2015 $3,407 $144,870 $0 $0
2014 $3,101 $131,700 $0 $0
2013 -- $119,730 $11,970 $107,760
Source: Public Records

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Source: BeachesMLS

MLS Number: R11036043

BeachesMLS

APN: 49-43-19-CM-1380