Cays Realty
3700 Galt Ocean Drive 1205, Fort Lauderdale, FL 33308 — MLS photo

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3700 Galt Ocean Drive 1205, Fort Lauderdale, FL 33308

Active · Condominium

$749,000

3700 Galt Ocean Drive 1205, Fort Lauderdale, FL 33308

Beds
2
Baths
2
Living area
1,250 sq ft
$ / sq ft
$599/sq ft
Year built
1967
Lot size
—
HOA fee
$1,051 Monthly
Annual tax
$11,967

About this property

Absolutely gorgeous direct oceanfront corner residence offering breathtaking views and abundant natural light. This beautifully updated unit features an open, airy layout with expansive windows showcasing the Atlantic from all bedroom rooms and living space. Enjoy coastal living at its finest with a spacious living area perfect for relaxing or entertaining. The renovated interior offers a modern kitchen, stylish finishes, and the convenience of an in-unit washer and dryer. The desirable corner location provides added privacy and panoramic scenery. Located on prestigious Galt Ocean Drive just steps from the beach, dining, and shopping. A rare opportunity to own a move-in ready oceanfront condo in one of Fort Lauderdale's most sought-after buildings.

Property location

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3700 Galt Ocean Drive 1205, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,250 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Other, Refrigerator, Washer
Cooling
Ceiling Fans, Electric
Heating
Electric
Interior features
Built In Features, Bedroom On Main Level, Entrance Foyer, Eat In Kitchen, Kitchen Island, Living Dining Room, Custom Mirrors, Stacked Bedrooms, Tub Shower, Pantry, Bar

Exterior & Structure

Property type
Condominium
Year built
1967
Stories
17
Lot size
0 sq ft
Roof
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
None, Association, Community
View
Ocean, Water

Parking

Garage spaces
0
Covered spaces
0
Parking features
Attached, Garage, Guest

HOA, Community & Financials

Association fee
$1,051 Monthly
Fee inclusions
Common Area Maintenance, Insurance, Sewer, Trash, Water
Amenities
Bike Storage, Business Center, Clubhouse, Community Kitchen, Fitness Center, Library, Maintenance, Barbecue, Picnic Area, Pool, Storage, Trash, Vehicle Wash Area, Elevators
Security
Closed Circuit Cameras, Door Man, Lobby Secured, Security System, Smoke Detectors
Pets allowed
No
Annual tax
$11,967
Subdivision
ROYAL AMBASSADOR CONDO
County
Broward
Days on market
149
MLS listing ID
B26013596
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,157

Cap rate
2.2%
Net yield
2.2%
Cash-on-cash return
-12.3%
Gross yield
6.9%
Mortgage payment
$3,551/mo
Down payment
$187,250
Loan amount
$561,750
Annual NOI
$16,726

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