4040 Galt Ocean Drive 701, Fort Lauderdale, FL 33308 (MLS# F947133)

4040 Galt Ocean Drive 701, Fort Lauderdale, FL 33308

$180,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 800 Status: Closed
Current Price: $180,000 List Date: 7/31/2008 Last Modified: 7/30/2026

Overview

Description

Bank Owned Foreclosure Hotel Condo 1/1 7th Floor in Ocean Manor located in Galt Ocean Fort Lauderdale, unit located on southwest corner. Oceanfront building with swimming pool, tiki hut and more...Can place in the hotel rental program. A must see ALL CONT RACTS/OFFERS ARE SUBJECT TO INDYMAC BANKS SENIOR MANAGEMENT APPROVAL AND ANY OFFERS OR COUNTER OFFERS BY INDYMAC BANK ARE NOT BINDING UNLESS THE ENTIRE AGREEMENT IS RATIFIED BY ALL PARTIES, $75.00 doc fee paid by buyer at closing.

Listing Details MLS# F947133

General Property Information

Unit Floor #
7
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
Yes
Bathrooms Full
Yes
Building Area Main
800
Living Area Main
800
Year Built
1957
Senior Community YN
No
Land Lease YN
No
Stories Total
11
Stories
11
Builder Model
Corner unit
Furnished
Furnished
LP/Assessed Value
0.65

Property Features

Application Information: 1-2 Weeks Approval; No Approvals Association Amenities: Maintenance Association Fee Includes: Common Areas Exterior Features: None Flooring: Ceramic Tile Leasing Permitted Details: Okay To Lease Property Condition: Resale; Updated/Remodeled Special Listing Conditions: Real Estate Owned Appliances: Disposal; Gas Range; Microwave; Oven; Water Heater; Water Purifier; Water Softener Construction Materials: CBS Cooling: Central Air Heating: Central Interior Features: Built-in Features; Closet Cabinetry; Custom Mirrors Listing Terms: Conventional Pets Allowed YN: Yes Possession: Negotiable Restrictions: Other Restrictions Security Features: Fire Alarm Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Water View: Intracoastal Showing Requirements: Courtesy Key Outdoor Living Spaces: Balcony; Porch

Contract Information

Comp Sale YN
No
Original List Price
210000
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
701
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33308
Postal Zip
33308
Subdivision Name
OCEAN MANOR
Development Name
OCEAN MANOR
Area
3150
Geographic Area
FBEA - Ft Lauderdale Beach (3130-3170)
Parcel Number
494319CM1320

Financial Information

Association YN
Yes
Association Fee
600
Association Fee Frequency
Monthly
Application Required YN
Yes
Membership Fee Required YN
No
Tax Annual Amount
6505
Tax Year
2007
Tax Assessed/SOH Value
323400
Tax Legal Description
OCEAN MANOR CONDO UNIT 701
Assessor Market Value
323400

Status Change Information

Major Change Timestamp
2008-11-01T02:50:21Z
Major Change Type
Status Change
Status Change Date
2008-11-08
Under Contract Date
2008-10-14
Close Date
2008-10-31
Close Price
180000
Buyer Financing
Cash

More Information

Application Fee Details

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

Current Price To SqFt
225
Original List Price To Close Price
0.85

Section Details

Parcel Number MLX
1320

Originating Details

Originating System Key
3233268
Originating System ID
M00000170
IDX
Listing Office: United Realty Group Inc
Source MLS Verified
Last Updated: July - 30 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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