Sold for $230,000

$230,000

4040 Galt Ocean Drive #303, Fort Lauderdale, FL 33308

2beds

310sqft

Stock Cooperative

Built in 1959

-- sqft lot

$205,600 Zestimate^®

$742/sqft

$1,494 Estimated rent

Home value

$205,600

$177,000 - $234,000

$1,494/mo

Zestimate^® history

Owner options

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$1,494/mo

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$1,494/mo

Rent Zestimate^®

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$1,801/mo

Est. payment

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$1,801/mo

Est. payment

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What's special

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!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Gas Range, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier

Features

Closet Cabinetry, Elevator, Bar
Flooring: Tile
Has fireplace: Yes
Furnished: Yes

Interior area

Total interior livable area: 310 sqft

Property

Parking

Parking features: Guest, Valet
Details: CarportSpaces:0.00

Accessibility

Accessibility features: Accessibility Features, Accessible Elevator Installed

Features

Patio & porch: Open, Porch, Balcony
Exterior features: Balcony, Outdoor Living Area
Pool features: Association
Has view: Yes
View description: Other
Waterfront features: Ocean Access, Other

Details

Parcel number: 494319CH0380
Lease amount: $0

Construction

Type & style

Home type: Cooperative
Property subtype: Stock Cooperative

Materials

Block

Condition

Resale
New construction: No
Year built: 1959

Community & HOA

Community

Features: Home Owners Association
Security: Fire Alarm, Lobby Secured
Pet deposit fee: $0
Subdivision: Ocean Manor Beach Resort

HOA

Has HOA: Yes
Amenities included: Beach Rights, Business Center, Cabana, Maintenance Grounds, Other, Picnic Area, Playground, Pool, Restaurant
Services included: Internet
HOA fee: $475 monthly
Second HOA fee: $475 monthly

Location

Region: Fort Lauderdale

Financial & listing details

Price per square foot: $742/sqft
Tax assessed value: $216,200
Annual tax amount: $3,982
Date on market: 10/3/2024
Cumulative days on market: 4 days
Listing terms: Cash,Conventional

Price history

Date	Event	Price
12/20/2024	Listed for sale	$359,000+56.1%$1,158/sqft
Source: BeachesMLS #F10476396 Report a problem
11/13/2024	Sold	$230,000-7.6%$742/sqft
Source: BeachesMLS #F10464493 Report a problem
10/7/2024	Pending sale	$248,800$803/sqft
Source: BeachesMLS #F10464493 Report a problem
10/2/2024	Listed for sale	$248,800+131.4%$803/sqft
Source: BeachesMLS #F10464493 Report a problem
5/13/2013	Sold	$107,500-10.3%$347/sqft
Source: BeachesMLS #F1233943 Report a problem
4/17/2013	Listed for sale	$119,900-38.5%$387/sqft
Source: Exit Ocean Realty #F1233943 Report a problem
6/29/2005	Sold	$195,000+44.4%$629/sqft
Source: Public Record Report a problem
11/23/2004	Sold	$135,000+50%$435/sqft
Source: Public Record Report a problem
6/25/2004	Sold	$90,000$290/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,443 +6.3%	$216,200 +11.6%
2024	$4,180 +3.9%	$193,670 +10%
2023	$4,023 +21.1%	$176,070 +10%
2022	$3,322 +5.6%	$160,070 +6.1%
2021	$3,145 +6.5%	$150,880 +6.8%
2020	$2,954 -0.8%	$141,320 -1.5%
2019	$2,977	$143,470 +2.4%
2018	$2,977 +6.3%	$140,170 +8.9%
2017	$2,801 +5%	$128,770 +10%
2016	$2,667 +5.9%	$117,070 +10%
2015	$2,519 +16.7%	$106,430 +10%
2014	$2,158	$96,760 +22%
2013	$2,158 +31%	$79,310 +5.7%
2012	$1,647 -8.8%	$75,030 -9.9%
2011	$1,807 -23.8%	$83,230 -23.6%
2010	$2,370 +10.5%	$108,900 +7.6%
2009	$2,144 -21.4%	$101,170 -23.1%
2008	$2,729	$131,530