4040 Galt Ocean Drive 500, Fort Lauderdale, FL 33308

$570,000

Virtual Tour

https://www.propertypanorama.com/4040-Galt-Ocean-Dr-Unit-500-Fort-Lauderdale-FL-33308/unbranded

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,100 Status: Closed

Current Price: $570,000 List Date: 7/14/2021 Last Modified: 8/02/2026

Overview

Description

The Only Beach Front Condo/Hotel on Sand that can be Rented 365 days a year! Make this Stunning 2/2 Split Bedroom, Direct Ocean, Open Concept Floor Plan Your Special Vacation Retreat/Investment! Fully Renovated and Sleeps 8 Comfortably on Beds. Ocean Views with Floor to Ceiling Windows the Moment you Enter. This Unit has a Lock-off Feature which Makes it the Perfect Investment. Cabana can also be sold with unit. Imagine Long Lazy Days on the Beach, Then Retreating to Your Private Cabana with Shower and End the Evening with a Refreshing Summer Cocktail. Join the Fun At the Infamous Tiki Bar or a Spectacular Dinner at Casa Calabria. Best Locations on The Beach with Close Proximity to everything SFLO. This Unit has Outstanding Rental Income History

Listing Details MLS# F10292530

General Property Information

Unit Floor #: 5
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Living Area Main: 1100
Year Built: 1960
Gated Community YN: No
Senior Community YN: No
Land Lease YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 11
Direction Faces: East
Furnished: Furnished
LP/Assessed Value: 1.54

Property Features

Accessibility Features: Accessible Elevator Installed Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Common Areas; Elevator; Maintenance Grounds; Maintenance Structure; Pest Control; Pool Service; Roof Repairs; Sewer; Trash; Water Dining Area: Breakfast Area; Snack Bar/Counter Flooring: Tile Leasing Permitted Details: Okay To Lease Appliances: Dishwasher; Dryer; Electric Range; Ice Maker; Microwave; Refrigerator Construction Materials: Concrete Block - No Stucco Cooling: Ceiling Fan(s); Central Air Heating: Central Interior Features: Bar; Elevator Listing Terms: Cash Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Negotiable Road Frontage Type: East of US-1 Security Features: Closed Circuit Camera(s); Lobby - Attended; Security System Storm Protection Details: High Impact Door Tax Information: Tax Reflects No Exemptions Unit Description: Condominium Hotel; Efficiency; Studio View: Pool Water Access: Ocean Access; Other Water View: Direct Ocean; Ocean Waterfront Features: Ocean Front Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Contingencies: None Room Types: Convertible Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 565000
Occupant Type: Call Listing Agent

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: 500
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33308
Postal Code +4: 6501
Postal Zip: 33308
Subdivision Name: OCEAN MANOR
Area: 3150
Geographic Area: FBEA - Ft Lauderdale Beach (3130-3170)
Parcel Number: 494319CM1030
Directions: Directly On the Sand. A1A between Commerical and Oakland. 45 mins from Miami.

Financial Information

Association YN: Yes
Association Fee: 1175
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 7140
Tax Year: 2020
Tax Assessed/SOH Value: 365800
Tax Legal Description: OCEAN MANOR CONDO UNIT 500 PER CDO BK/PG: 9749/39
Assessor Market Value: 365800

Status Change Information

Major Change Timestamp: 2021-10-06T17:55:59Z
Major Change Type: Status Change
Status Change Date: 2021-10-07
Under Contract Date: 2021-09-10
Close Date: 2021-10-06
Close Price: 570000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Entry Information

Entry Level: Yes
Entry Location: First Floor Entry,Bar,Elevator

Leasing Permitted Details

Leasing Permitted YN: Yes

Parking Information

Open Parking Spaces: Yes

Short Sale Details

Lender Approval: Unapproved
Short Sale Addendum: No

Boat and Dock Information

Dock: 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: 518.18
Original List Price To Close Price: Yes

Section Details

Parcel Number MLX: 1030

Originating Details

Originating System Key: 545037829
Originating System ID: M00000170

Room Information

Room Name
Convertible Bedroom

Listing Office: Balistreri Real Estate Inc

Last Updated: August - 02 - 2026

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4040 Galt Ocean Drive 500, Fort Lauderdale, FL 33308 (MLS# F10292530)