3900 Galt Ocean Dr 506, Fort Lauderdale, FL 33308 — MLS photo

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3900 Galt Ocean Dr 506, Fort Lauderdale, FL 33308

Active · Condominium

$1,150,000

3900 Galt Ocean Dr 506, Fort Lauderdale, FL 33308

Beds
2
Baths
2
Living area
1,821 sq ft
$ / sq ft
$632/sq ft
Year built
1975
Lot size
—
HOA fee
$98
Annual tax
—

About this property

Welcome to a stunning condominium at 3900 Galt Ocean Dr, Unit 506, in Fort Lauderdale. This beautifully maintained residence offers breathtaking ocean views and an open floor plan that maximizes space and natural light. The unit features updated finishes and a modern kitchen, appropriate for both relaxation and entertaining. Enjoy access to a range of amenities, including a pool, fitness center, and direct beach access. Experience coastal living at its finest in this exceptional location.

Property location

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3900 Galt Ocean Dr 506, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,821 sq ft

Exterior & Structure

Property type
Condominium
Year built
1975

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$98
County
Broward
MLS listing ID
A11822353
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

-$2,245

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.7%
Mortgage payment
$5,452/mo
Down payment
$287,500
Loan amount
$862,500
Annual NOI
$38,476

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