3850 Galt Ocean Drive 308, Fort Lauderdale, FL 33308 — MLS photo

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3850 Galt Ocean Drive 308, Fort Lauderdale, FL 33308

Active · Condominium

$385,000

3850 Galt Ocean Drive 308, Fort Lauderdale, FL 33308

Beds
1
Baths
2
Living area
980 sq ft
$ / sq ft
$393/sq ft
Year built
1969
Lot size
—
HOA fee
$2,772 Quarterly
Annual tax
$6,591

About this property

Spacious 1BR/1.5BA beachfront condo situated directly on the sand—perfect for your South Florida getaway. Enjoy ocean views from the large private balcony, ideal for entertaining. Bright, open living area with matching tile flooring throughout. Updated kitchen features an open layout, new dishwasher, and in-unit 2-in-1 washer/dryer. Generous primary suite includes a walk-in shower, double vanity, and ample storage. Impact windows and doors throughout. New water heater (2022) and newer A/C. Building has completed its 50-year certification with upgrades including new elevators, roof, and concrete restoration. Resort-style amenities include heated pool, fitness center, game, private beach access and community rooms, 24-hour security, and bike storage. Walk to shops, dining, and more!

Property location

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3850 Galt Ocean Drive 308, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
980 sq ft
Flooring
Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Central
Interior features
Main Living Area Entry Level, Tub Shower
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
1969
Stories
20
Lot size
0 sq ft
Architectural style
One Story
Roof
Concrete
Construction
Block
Pool
None, Association, Community
View
Ocean

Parking

Garage spaces
0
Covered spaces
0
Parking features
Attached, Common, Garage, Guest, Two Or More Spaces

HOA, Community & Financials

Association fee
$2,772 Quarterly
Fee inclusions
Association Management, Cable Tv, Insurance, Internet, Laundry, Pest Control, Pools, Sewer, Security, Trash, Water
Association
Campbell Property Ma
Association contact
(954) 566-8606
Amenities
Bike Storage, Community Kitchen, Fitness Center, Laundry, Management, Pool, Security, Storage, Trash, Vehicle Wash Area
Pets allowed
No
Annual tax
$6,591
Subdivision
REGENCY TOWER CONDO
County
Broward
Days on market
174
MLS listing ID
B26021712
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

-$982

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-10.9%
Gross yield
8.8%
Mortgage payment
$1,825/mo
Down payment
$96,250
Loan amount
$288,750
Annual NOI
$10,114

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