4040 Galt Ocean Drive 508, Fort Lauderdale, FL 33308

$235,000
Property Type: Residential Baths: 1 Square Footage: 450 Status: Closed
Current Price: $235,000 List Date: 9/21/2018 Last Modified: 9/04/2026

Overview

Description

This stunning oceanfront renovated income property can be rented immediatly through the Hotel Condo Rental Program or independently on Air BNB/VRBO making it the ultimate turnkey investment property and short term rental. Unit #508 boasts unparalleled southeast views of the Atlantic Ocean making for perfect sunrises at the beach. This property was completed gutted and tastefully renovated with an all new modern kitchen, expanded bathroom and living/bedroom combo. The unit comes full furnished with brand new Modani furniture, accessories and equipt with a Westin Heavenly Bed for the most amazing sleeps.l. Within the building you have access to a restaurant, coffee shop, spa, tiki bar and waterfront pool to name a few. Purchase now just in time for highest income of the year

Listing Details MLS# F10141626

General Property Information

Unit Floor #
5
Property Sub Type
Condominium
Bathrooms Total
Yes
Bathrooms Full
Yes
Living Area Main
450
Year Built
1960
Senior Community YN
No
Land Lease YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
11

Property Features

Application Information: Unknown Association Amenities: Maintenance Association Fee Includes: Common Areas; Electricity; Insurance; Legal/Accounting; Maintenance Grounds; Maintenance Structure; Pest Control Exterior Features: Barbecue; Courtyard Flooring: Tile Parking Features: Valet Appliances: Dishwasher Construction Materials: Block Cooling: Central Air Association Type: Homeowner Association Heating: None Interior Features: Elevator Listing Terms: Cash Main Living Area: Upstairs Pets Allowed YN: Yes Possession: Negotiable Restrictions: Limited # Vehicles; Other Restrictions; Parking - No RV; Parking - No Trailer; Parking - No Truck Security Features: Fire Sprinkler System; Key Card Entry; Lobby - Attended Storm Protection Details: High Impact Door Tax Information: Tax Reflects No Exemptions Unit Description: Corner/End Unit Water Access: Deeded Beach Access; Ocean Access Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: Showing Service Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
299000
Occupant Type
Vacant

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
508
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33308
Postal Code +4
6501
Postal Zip
33308
Subdivision Name
Ocean Manor Condo
Development Name
Ocean Manor Condo
Area
3130
Geographic Area
FBEA - Ft Lauderdale Beach (3130-3170)
Parcel Number
494319CM1090
Directions
FROM A1A AND OAKLAND PARK: NORHT ON A1A TO EAST AT 36TH ST TO NORTH AT STOP SIGN. DRIVE TO 4040 AND VALET PARK

Financial Information

Association YN
Yes
Association Fee
548
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
3602
Tax Year
2017
Tax Legal Description
OCEAN MANOR CONDO UNIT 508

Status Change Information

Major Change Timestamp
2019-04-05T21:35:35Z
Major Change Type
Status Change
Price Change Timestamp
2018-11-28T13:26:33Z
Status Change Date
2019-04-05
Under Contract Date
2019-01-23
Close Date
2019-04-05
Close Price
235000
Buyer Financing
Cash

More Information

Short Sale Details

Short Sale Addendum
No

Co-Ownership

Property Management YN
No

Leasing Restrictions

Leasing - Max Times Per Year
365

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
522.22
Original List Price To Close Price
0.78

Originating Details

Originating System Key
490594079
Originating System ID
M00000170
IDX
Listing Office: LoKation
Source MLS Verified
Last Updated: September - 04 - 2026
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