4010 Galt Ocean Drive 1707-08, Fort Lauderdale, FL 33308 — MLS photo

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4010 Galt Ocean Drive 1707-08, Fort Lauderdale, FL 33308

Active · Condominium

$799,000

4010 Galt Ocean Drive 1707-08, Fort Lauderdale, FL 33308

Beds
2
Baths
2
Living area
1,740 sq ft
$ / sq ft
$459/sq ft
Year built
1965
Lot size
—
HOA fee
$2,771
Annual tax
—

About this property

MOTIVATED SELLER. DOUBLE UNIT-UNIQUE PENTHOUSE-Beach Living at its Best. South 2 Bedroom 2 Bath is a Conversion of 2 one bedroom condos. Largest square footage in Building. 2 Balconies facing SE w/Ocean, Intracoastal & City Views. 2 Garage Parking Spaces. Amazing Open Kitchen w/SS Appliances-Wine Cooler. Open Bar Area to Huge Formal Dining Area. Huge Living Room w/Panoramic Ocean Views.. Large Bedrooms.-Master w/South Balcony & Fabulous Ocean Views. Wide Foyer to compliment your art work & favorite photos. Updated Baths w/Granite & Newer Vanities. Huge Laundry /Utility Room W/Washer-Dryer. 2 A/C Units-2Tankless Water Heaters. Relax & Socialize at one of the Best Pool/Patio Ares w/Clubhouse & Barbeques directly on Ocean. 24 Hour Security, Gym,2 Storage Units.

Property location

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4010 Galt Ocean Drive 1707-08, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,740 sq ft

Exterior & Structure

Property type
Condominium
Year built
1965
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,771
County
Broward
MLS listing ID
F10546221
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

-$3,494

Cap rate
0.4%
Net yield
0.4%
Cash-on-cash return
-18.7%
Gross yield
8.0%
Mortgage payment
$3,788/mo
Down payment
$199,750
Loan amount
$599,250
Annual NOI
$3,527

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