3410 Galt Ocean Drive 1101, Fort Lauderdale, FL 33308 — MLS photo

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3410 Galt Ocean Drive 1101, Fort Lauderdale, FL 33308

Active · Condominium

$1,079,000

3410 Galt Ocean Drive 1101, Fort Lauderdale, FL 33308

Beds
3
Baths
3
Living area
2,112 sq ft
$ / sq ft
$511/sq ft
Year built
1974
Lot size
—
HOA fee
$1,651
Annual tax
—

About this property

PRICE REDUCED! DIRECT OCEANFRONT NE CORNER WAITING FOR YOUR PERSONAL TOUCH. THE KITCHEN HAS ALREADY BEEN OPENED ALONG WITH PLUMBING AND ELECTRICAL. THE BUILDING HAS BEEN WELL MAINTAINED INCLUDING MANY PLANNED IMPROVEMENTS. SOME ASSESSMENTS ALREADY PAID BY SELLER. POOL IS OPENING IN TH FALL AND THE LOBBY IS IN THE DESIGN PHASE. IT'S AN EXCITING TIME AT SOUTHPOINT!

Property location

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3410 Galt Ocean Drive 1101, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,112 sq ft

Exterior & Structure

Property type
Condominium
Year built
1974

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,651
County
Broward
MLS listing ID
F10516217
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

-$3,012

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.0%
Gross yield
7.5%
Mortgage payment
$5,115/mo
Down payment
$269,750
Loan amount
$809,250
Annual NOI
$25,239

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