4040 Galt Ocean Drive #515, Fort Lauderdale, FL 33308

$259,000
Property Type: Residential Bedrooms: 2 Baths: 2 Status: Closed
Current Price: $259,000 List Date: 9/30/2008 Last Modified: 7/30/2026

Overview

Description

EXTREMELY LIBERAL RENTAL POLICY.Investment right on the beach and Rental can begin immediately upon ownership. BANK FORECLOSURE! Property sold AS IS condition and buyer MUST be pre-qualified with Countrywide loan officer Erick Cantele before offer can be presented. See broker remarks for contact info. Free credit report and appraisal if buyer finances through CHL. Please allow 2-3 business days for sellers response. See attachments, they must be signed and faxed with offer. PLEASE CALL OFFICE TO SHOW.

Listing Details MLS# F961006

General Property Information

Unit Floor #
5
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Year Built
1957
Senior Community YN
No
Land Lease YN
No
Waterfront YN
Yes
Stories Total
11
LP/Assessed Value
0.45

Property Features

Application Information: 3-4 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Hot Water; Insurance; Maintenance Grounds; Maintenance Structure; Pool Service; Roof Repairs; Sewer; Trash Exterior Features: Other Flooring: Tile; Wood Leasing Permitted Details: Okay To Lease Parking Features: Guest; Valet Property Condition: Resale Appliances: Dishwasher; Electric Range; Microwave; Refrigerator Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Bedroom Layout - Split; Closet Cabinetry; Elevator; Walk-In Closet(s) Listing Terms: Conventional Pets Allowed YN: Yes Possession: Negotiable Restrictions: Other Restrictions Security Features: Closed Circuit Camera(s); Fire Alarm; Other Tax Information: No Homestead; Tax Reflects No Exemptions Unit Description: Interior Hallway; High Rise Water Access: Deeded Beach Access; Ocean Access Water View: Ocean Showing Requirements: Lockbox

Contract Information

Comp Sale YN
No
Original List Price
259000
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
#515
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33308
Postal Code +4
6502
Postal Zip
33308
Subdivision Name
Ocean Manor
Area
3150
Geographic Area
FBEA - Ft Lauderdale Beach (3130-3170)
Parcel Number
494319CM1130
Directions
A1A TO GALT OCEAN DRIVE TO 4040 GALT OCEAN DR

Financial Information

Association YN
Yes
Association Fee
632
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
11612
Tax Year
2007
Tax Assessed/SOH Value
581000
Tax Legal Description
OCEAN MANOR CONDO UNIT 515
Assessor Market Value
581000

Status Change Information

Major Change Timestamp
2008-11-05T20:23:10Z
Major Change Type
Status Change
Status Change Date
2008-11-12
Under Contract Date
2008-10-17
Close Date
2008-11-05
Close Price
259000
Buyer Financing
Conventional

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Leasing Permitted Details

Leasing Permitted YN
Yes

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

Original List Price To Close Price
Yes

Section Details

Parcel Number MLX
1130

Originating Details

Originating System Key
3234565
Originating System ID
M00000170
IDX
Listing Office: RE/MAX Partners 1
Source MLS Verified
Last Updated: July - 30 - 2026
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