4280 Galt Ocean Dr 2K, Fort Lauderdale, FL 33308 — MLS photo

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4280 Galt Ocean Dr 2K, Fort Lauderdale, FL 33308

Active · Condominium

$659,000

4280 Galt Ocean Dr 2K, Fort Lauderdale, FL 33308

Beds
2
Baths
2
Living area
1,650 sq ft
$ / sq ft
$399/sq ft
Year built
1971
Lot size
—
HOA fee
$4,824
Annual tax
—

About this property

Welcome to this ocean view 2bed/2bath condo in the luxury Plaza South building. This spacious 2nd floor beachfront condo has 1,650 sq ft of space with a private large balcony on the south side. A semi-private elevator leads to this updated residence that feels more like a house. Upon entering this condo through the double doors is a view of the beautiful pool deck and ocean. Enjoy a spacious dining & living room area with tile floor & newly installed floor to ceiling hurricane windows to enjoy the view from. There is generous closet space in both bedrooms, all new hurricane windows & separate laundry area with full-size washer & dryer. This luxury beachfront building has resort style amenities including: 24-hour doorperson, state-of-the-art exercise room, sauna, infinity saltwater pool, social room with chef's kitchen & a game room. Includes 1 assigned garage parking space. Immediate leasing ok, min 3 months, once a year. No pets. This ocean view condo is rented until June 2027, so you can buy at today's prices and collect rent until June 2027. Living on Galt Ocean Drive is a lifestyle investment in one of South Florida's convenient Luxury beachfront communities, close to: stores, restaurants, golf, tennis, museums & more. Listing is subject to errors, changes, & omissions without notice, information in this listing is not warranted or guaranteed & must be confirmed by buyer.

Property location

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4280 Galt Ocean Dr 2K, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,650 sq ft

Exterior & Structure

Property type
Condominium
Year built
1971

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,824
County
Broward
MLS listing ID
A11970960
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

-$5,072

Cap rate
-3.5%
Net yield
-3.5%
Cash-on-cash return
-33.0%
Gross yield
8.7%
Mortgage payment
$3,124/mo
Down payment
$164,750
Loan amount
$494,250
Annual NOI
-$23,376

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