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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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4040 Galt Ocean Dr 511 , Fort Lauderdale, FL 33308
$600,000
Est. Payment: $1,333.33/mo
2 Bed
2 Bath
1320 Sqft
Status: Active | Days on site: 27
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House Description

Enjoy the ultimate beachfront lifestyle and income opportunity at 4040 Galt Ocean Dr #511, ideally located on the prestigious Galt Ocean Mile. This desirable condo-hotel unit offers the perfect blend of personal use and revenue potential. Use it as your primary residence, vacation getaway, or income-producing investment. Owners also have the option to participate in the hotel rental program, allowing the hotel to manage bookings and generate income based on the agreement established between owner and hotel, a flexible setup that appeals to both end users and investors. The full-service building features an impressive amenity package including: Beachfront pool, fitness center, residents’ lounge, on site restaurant, valet parking, community room, secured lobby, elevators, and direct private beach access. Prime location near shopping, dining, grocery stores, and everything the Galt Ocean Mile has to offer. Excellent opportunity to own oceanfront real estate with built-in flexibility and income potential.

Highlights

Listed by Hortier Mukonkole , 754-272-2272 and Jonathan Ruiz , 305-934-4983 Lifestyle International Realty , 305-809-8085.

Property Type

Condo/Townhome

HOA Fee

1250 Monthly

Year Built

1960

County

Broward

Area

3150

Neighborhood

Ocean Manor Condo

Listing ID

A12069034

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Electric Water Heater, Microwave, Refrigerator
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Tile
Other:
  • Additional:Bathtub, Bar, Walk-In Closet(s), Elevator, Pets Allowed

Exterior Features

Lot:Ocean Access,Ocean Front
Others:
  • Additional:Balcony
Parking Features:Valet
Principal Interest
$1,333
Taxes
$513
HOA
$1,250

Home Price

$600,000

Loan Details

30 yrs
%

Down Payment

20%
$120,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,333.33

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,333.33 $512.83 $1,250.00 $3,096.17
Yearly $16,000.00 $6,154.00 $15,000.00 $37,154.00
Total $480,000.00 $184,620.00 $450,000.00 $1,114,620.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Fort Lauderdale, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.