3430 Galt Ocean Dr 712, Fort Lauderdale, FL 33308 — MLS photo

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3430 Galt Ocean Dr 712, Fort Lauderdale, FL 33308

Active · Condominium

$575,000

3430 Galt Ocean Dr 712, Fort Lauderdale, FL 33308

Beds
2
Baths
2
Living area
1,657 sq ft
$ / sq ft
$347/sq ft
Year built
1966
Lot size
—
HOA fee
$3,950
Annual tax
—

About this property

Just reduced for a quick sale. Large oceanfront condo Galt Ocean Mile featuring direct intracoastal views, impact windows, spacious layout & split floor plan that opens up to a huge balcony. Great building with all amenities. Rented until september

Property location

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3430 Galt Ocean Dr 712, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,657 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$3,950
County
Broward
MLS listing ID
A11439103
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,814

Cap rate
-2.3%
Net yield
-2.3%
Cash-on-cash return
-28.4%
Gross yield
9.5%
Mortgage payment
$2,726/mo
Down payment
$143,750
Loan amount
$431,250
Annual NOI
-$13,059

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.