4040 Galt Ocean Drive 303, Fort Lauderdale, FL 33308

$230,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 310 Status: Closed
Current Price: $230,000 List Date: 10/03/2024 Last Modified: 8/14/2026

Overview

Description

This studio unit is an incredible investment, already generating consistent rental income for the current owners. Located in the sought-after Ocean Manor Beach Resort, the property allows nightly rentals, giving you the flexibility to maximize earnings.This units, cozy and efficient layout makes, it a popular choice for vacationers seeking a beachfront escape. Perfect for someone looking for a second home that doubles as an income-producing property, this studio offers all the convenience and luxury of resort living.With beachfront access and resort-style amenities, this property is located in the heart of Fort Lauderdale Beach/Galt Mile, ensuring high demand year-round. Don’t miss this turnkey investment opportunity—relax and watch the income roll in!

Listing Details MLS# F10464493

General Property Information

Unit Floor #
3
Property Sub Type
Stock Cooperative
Bedrooms Total
2
Bathrooms Total
Yes
Bathrooms Full
Yes
Living Area Main
310
Accessibility Features YN
Yes
Year Built
1959
Gated Community YN
No
Senior Community YN
No
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
11
Furnished
Furnished

Property Features

Accessibility Features: Accessible Elevator Installed Association Amenities: Maintenance Flooring: Tile Leasing Permitted Details: Okay To Lease Parking Features: Guest; Valet Property Condition: Resale Appliances: Refrigerator Construction Materials: Block Cooling: Central Air Association Type: Homeowner Association Heating: Central Interior Features: Closet Cabinetry; Elevator Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Close Of Escrow Security Features: Fire Alarm; Lobby - Attended Tax Information: No Homestead Unit Description: Studio; High Rise View: Other Water Access: Other Waterfront Features: Ocean Front Showing Requirements: 24 Hour Notice; Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Contingencies: None

Contract Information

Comp Sale YN
No
Original List Price
248800

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
4040
Street Name
Galt Ocean
Street Suffix
Drive
Unit Number
303
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33308
Postal Zip
33308
Subdivision Name
Ocean Manor Beach Resort
Area
3150
Geographic Area
FBEA - Ft Lauderdale Beach (3130-3170)
Parcel Number
494319CH0380

Financial Information

Association YN
Yes
Association Fee
475
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
3982
Tax Year
2023
Tax Legal Description
OCEAN MANOR CONDO UNIT 303 PER CDO BK/PG: 9749/39

Status Change Information

Major Change Timestamp
2024-11-14T03:56:24Z
Major Change Type
Status Change
Status Change Date
2024-11-13
Under Contract Date
2024-10-06
Close Date
2024-11-13
Close Price
230000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Leasing Permitted Details

Leasing Permitted YN
Yes

Co-Ownership

Property Management YN
No

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Leasing Restrictions

Leasing - Max Times Per Year
365

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
741.94
Original List Price To Close Price
0.92

Originating Details

Originating System Key
588323785
Originating System ID
M00000170
IDX
Listing Office: Better Homes & Gdns RE Fla 1st
Source MLS Verified
Last Updated: August - 14 - 2026
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