3700 Galt Ocean Drive 1114, Fort Lauderdale, FL 33308 — MLS photo

Get More Info About This Property

3700 Galt Ocean Drive 1114, Fort Lauderdale, FL 33308

Active · Condominium

$419,000

3700 Galt Ocean Drive 1114, Fort Lauderdale, FL 33308

Beds
1
Baths
1
Living area
800 sq ft
$ / sq ft
$524/sq ft
Year built
1967
Lot size
—
HOA fee
$688
Annual tax
—

About this property

Welcome to the Beach. This pristine 11th floor 1 bedroom 1 bath condo offers expansive views & beautiful sunsets, an open balcony, impact windows & doors, tile & vinyl flooring, an updated electrical panel, a beautifully renovated bathroom, abundant storage including a walk-in closet & a bright all white kitchen with stainless steel appliances. 2023 A/C & 2021 WH. Building allows in-unit washer/dryers. 24-hour security, valet parking, & resort style amenities - a private beach, Bike & Kayak Storage, BBQ & tiki hut area, & a heated pool and oceanfront patio. Milestone & SIRS completed NO PENDING ASSESSMENTS. Reasonable maintenance fees for beachfront living. Perfectly located across the street from groceries, CVS, dining, shops, banks, & a vibrant Art District. Houses of Worship nearby.

Property location

Get Directions

3700 Galt Ocean Drive 1114, Fort Lauderdale, FL 33308

Loading property location…

Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
800 sq ft

Exterior & Structure

Property type
Condominium
Year built
1967
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$688
County
Broward
MLS listing ID
F10554061
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

-$1,249

Cap rate
2.1%
Net yield
2.1%
Cash-on-cash return
-12.8%
Gross yield
7.4%
Mortgage payment
$1,986/mo
Down payment
$104,750
Loan amount
$314,250
Annual NOI
$8,844

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