3400 Galt Ocean Dr 702S, Fort Lauderdale, FL 33308 — MLS photo

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3400 Galt Ocean Dr 702S, Fort Lauderdale, FL 33308

Active · Condominium

$1,675,000

3400 Galt Ocean Dr 702S, Fort Lauderdale, FL 33308

Beds
3
Baths
4
Living area
2,112 sq ft
$ / sq ft
$793/sq ft
Year built
1974
Lot size
—
HOA fee
$4,953
Annual tax
—

About this property

SPECTACULAR DIRECT OCEANFRONT CONDO. THIS IS A RARELY AVAILABLE SOUTHEAST CORNER, 3BED/3 BATH WITH GREAT OCEAN VIEWS FROM EVERY ROOM. UNIT COMES WITH ALL NEW PORCELAIN FLOORS, fully RENOVATED UNIT WITH AMAZING WALK-IN CLOSET, LAUNDRY ROOM WITH WASHER/DRYER IN UNIT, EAT-IN KITCHEN, 2 GARAGE PARKING SPACES, STORAGE ROOM & MUCH MORE. AMENITIES INCLUDE PRIVATE BEACH ACCESS, 24-7 SECURITY, TENNIS COURT, BBQ AREA, 4 GYMS, PET FRIENDLY BUILDING UP TO 35 POUNDS, BRAND NEW POOL & DECK (STILL UNDER RENOVATIONS). MAINTENANCE PAYMENT INCLUDES: WI-FI, BASIC CABLE, WATER, SECURITY & PEST CONTROL. WITHIN WALKING DISTANCE TO SHOPPING, DINNING, LIVE MUSIC & MORE.

Property location

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3400 Galt Ocean Dr 702S, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
2,112 sq ft

Exterior & Structure

Property type
Condominium
Year built
1974

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,953
County
Broward
MLS listing ID
A12018943
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

-$8,955

Cap rate
-0.7%
Net yield
-0.7%
Cash-on-cash return
-22.9%
Gross yield
6.0%
Mortgage payment
$7,940/mo
Down payment
$418,750
Loan amount
$1,256,250
Annual NOI
-$12,180

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