3430 Galt Ocean Drive PH1, Fort Lauderdale, FL 33308 — MLS photo

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3430 Galt Ocean Drive PH1, Fort Lauderdale, FL 33308

Active · Condominium

$2,500,000

3430 Galt Ocean Drive PH1, Fort Lauderdale, FL 33308

Beds
4
Baths
5
Living area
4,700 sq ft
$ / sq ft
$532/sq ft
Year built
1966
Lot size
—
HOA fee
$5,900 Monthly
Annual tax
$34,318

About this property

THIS SPECTACULAR PH WITH SPECTACULAR VIEWS AND EXPANSIVE TERRACES IS A MASTERPIECE. ALL 4 BDRM EACH COMPLETE WITH ON-SUITE BATH FOR MAXIMUM PRIVACY, THE PRIMARY BDRM OFFERS A LARGE BALCONY OVER LOOKING THE OCEAN AND THE POOL. THE PERFECT HOME FOR ENTERTAINING FEATURES ALL NICE BAMBOO WOOD FLOORS, ALL IMPACT GLASS THROUGHOUT, 12FT CEILING. THE ONE OF A KIND RESIDENCE OCCUPIES THE ENTIRE WEST SIDE OF THE PH BUILDING LEVEL PROVIDING MORE DEDICATED PRIVATE SPACE AND UNPARALLELED VIEWS FOR ITS RESIDENTS. THE HUGE TERRACE OFFERS STUNNING VIEWS OF THE CITY, OCEAN, INTRACOASTAL AND IS ACCESSIBLE FROM MULTIPLE SPACES. THIS UNIQUE CONDO OFFERS AN OASIS IN THE SKY AND FAR AND AWAY FROM DAILY LIFE. THIS IDEAL BEACH FRONT LOCATION DIRECTLY ON THE SAND AND WALKABILITY TO SUPERMARKETS, RESTAURANTS, SHOPS

Property location

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3430 Galt Ocean Drive PH1, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
4,700 sq ft
Flooring
Ceramic Tile, Hardwood, Tile, Wood
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Ceiling Fans, Electric, Humidity Control, Zoned
Heating
Electric
Interior features
Built In Features, Breakfast Area, Bathtub, Closet Cabinetry, Eat In Kitchen, Jetted Tub, Kitchen Island, Living Dining Room, Main Living Area Entry Level, Sitting Area In Primary, Split Bedrooms, Shower Only, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1966
Stories
18
Lot size
0 sq ft
Architectural style
Penthouse
Construction
Block
Exterior features
Balcony, Lighting
Pool
Association, Community
View
Intercoastal, Ocean, Pool

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Attached, Garage, Guest, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$5,900 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Pest Control, Pools, Recreation Facilities, Roof, Sewer, Trash, Water
Association
FIRST SERVICE RESIDE
Association contact
954 565 9411
Amenities
Beach Rights, Bike Storage, Cabana, Community Kitchen, Fitness Center, Library, Maintenance, Barbecue, Picnic Area, Pool, Storage, Vehicle Wash Area
Security
Door Man, Fire Alarm, Secured Garage Parking, Lobby Secured, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$34,318
Subdivision
THE COMMODORE CONDOMINIUM
County
Broward
Days on market
156
MLS listing ID
F10548735
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

-$8,268

Cap rate
1.7%
Net yield
1.7%
Cash-on-cash return
-14.2%
Gross yield
7.4%
Mortgage payment
$11,851/mo
Down payment
$625,000
Loan amount
$1,875,000
Annual NOI
$43,000

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