Investors seeking a lucrative opportunity should seriously consider this income property, as it generates a cap rate surpassing an impressive 12%. Let me introduce you to this oceanfront condo with spectacular views of the ocean, garden, and pool. Enjoy this property as much or as little as you want. You can rent this condo right away and up-to 356 days a year.
This condo includes a heated pool, a locally famous Tikibar and the Casa Calabria Restaurant, Spa/Salon, Lounge, and Coffeeshop. You don't have to leave the building!
Maintenance includes: WIFI, Valet Parking, AC Coolant, Cable, and Hot Water. Ocean Manor is conveniently situated near great restaurants and shops between downtown Fort
Sold for $630,000
$630,000
4040 Galt Ocean Drive #504, Fort Lauderdale, FL 33308
1beds
750sqft
Condominium
Built in 1960
-- sqft lot
$498,400 Zestimate®
$840/sqft
$2,392 Estimated rent
Home value
$498,400
$459,000 - $538,000
$2,392/mo
Zestimate® history
Owner options
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$2,392/mo
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$2,392/mo
Rent Zestimate®
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$5,248/mo
Est. payment
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$5,248/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Keriann Worley 561-245-2635,
Douglas Elliman
Bought with:
Yasminie Iroff, 3382932
Balistreri Real Estate Inc
Source: BeachesMLS,MLS#: R10861056
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 1
- Dimensions: 1 X 1
Kitchen
- Level: Main
- Area: 1
- Dimensions: 1 X 1
Living room
- Level: Main
- Area: 1
- Dimensions: 1 X 1
Heating
- Central
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Electric Range, Disposal, Refrigerator
Features
- Living/Dining Room, Tub Shower, Walk-In Closet(s)
- Flooring: Ceramic Tile
- Doors: French Doors
- Windows: Blinds
- Furnished: Yes
Interior area
- Total structure area: 750
- Total interior livable area: 750 sqft
Property
Parking
- Parking features: Assigned
Features
- Entry location: Entry Level Living Area Y
- Patio & porch: Open, Balcony
- Exterior features: Balcony, Outdoor Living Area
- Pool features: Heated
- Has view: Yes
- View description: Garden, Ocean, Pool
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Access, Ocean Front
Details
- Parcel number: 494319cm1050
- Zoning: VE
- Special conditions: Corporate Listing,Listed As-Is
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Concrete
Condition
- Resale
- New construction: No
- Year built: 1960
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Street Lights
- Security: Security System, Closed Circuit Camera(s), Fire Alarm, Smoke Detector(s)
- Pet deposit fee: $0
- Subdivision: OCEAN MANOR CONDO
HOA
- Has HOA: Yes
- Amenities included: Cabana, Laundry, Picnic Area, Parking, Elevator(s)
- Services included: Common Areas, Cable TV, Hot Water, Maintenance Grounds, Pest Control, Trash
- HOA fee: $841 monthly
Location
- Region: Fort Lauderdale
Financial & listing details
- Price per square foot: $840/sqft
- Tax assessed value: $485,180
- Annual tax amount: $5,584
- Date on market: 6/21/2023
- Cumulative days on market: 120 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2023 | Sold | $630,000-8%$840/sqft |
Source:  BeachesMLS #R10861056 Report a problem | ||
| 8/9/2023 | Pending sale | $685,000$913/sqft |
Source:  Douglas Elliman #RX-10861056 Report a problem | ||
| 8/9/2023 | Contingent | $685,000$913/sqft |
Source: BeachesMLS #RX-10861056 Report a problem | ||
| 6/21/2023 | Listed for sale | $685,000+31.1%$913/sqft |
Source: BeachesMLS #RX-10861056 Report a problem | ||
| 5/25/2023 | Sold | $522,600-23.7%$697/sqft |
Source: Public Record Report a problem | ||
| 4/7/2023 | Pending sale | $685,000$913/sqft |
Source: Douglas Elliman #RX-10861056 Report a problem | ||
| 4/7/2023 | Contingent | $685,000$913/sqft |
Source: BeachesMLS #RX-10861056 Report a problem | ||
| 1/25/2023 | Listed for sale | $685,000+31.1%$913/sqft |
Source: BeachesMLS #RX-10861056 Report a problem | ||
| 6/10/2022 | Sold | $522,600+62.3%$697/sqft |
Source: Public Record Report a problem | ||
| 7/7/2019 | Sold | $322,000-2.1%$429/sqft |
Source: BeachesMLS #F10177396 Report a problem | ||
| 5/25/2019 | Price change | $329,000-0.3%$439/sqft |
Source: Castelli Real Estate Services #F10177396 Report a problem | ||
| 5/6/2019 | Listed for sale | $330,000$440/sqft |
Source: Castelli Real Estate Services #F10094976 Report a problem | ||
| 4/4/2019 | Listing removed | $330,000$440/sqft |
Source: Castelli Real Estate Services #F10094976 Report a problem | ||
| 2/15/2019 | Listed for sale | $330,000$440/sqft |
Source: Castelli Real Estate Services #F10094976 Report a problem | ||
| 2/6/2019 | Pending sale | $330,000$440/sqft |
Source: Castelli Real Estate Services #F10094976 Report a problem | ||
| 11/27/2017 | Listed for sale | $330,000+265.2%$440/sqft |
Source: Castelli Real Estate Services #F10094976 Report a problem | ||
| 5/1/1989 | Sold | $90,357$120/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,440 -2.2% | $485,180 -2.7% |
| 2024 | $9,655 +53.4% | $498,860 +59.4% |
| 2023 | $6,293 +12.7% | $312,970 +12.2% |
| 2022 | $5,584 +10% | $278,970 +10% |
| 2021 | $5,075 -3.5% | $253,610 -4.3% |
| 2020 | $5,258 +10.3% | $264,890 +15.4% |
| 2019 | $4,766 | $229,590 -7.7% |
| 2018 | $4,766 +10.8% | $248,740 +31.1% |
| 2017 | $4,301 +5.8% | $189,750 +10% |
| 2016 | $4,066 +4.3% | $172,500 +10% |
| 2015 | $3,898 +16.8% | $156,820 +10% |
| 2014 | $3,338 | $142,570 +10% |
| 2013 | $3,338 +26.3% | $129,610 +4.1% |
| 2012 | $2,643 -13.6% | $124,460 -14.5% |
| 2011 | $3,059 -18.8% | $145,610 -17.8% |
| 2010 | $3,770 -20.3% | $177,090 -23.4% |
| 2009 | $4,729 +90.2% | $231,280 +44.7% |
| 2008 | $2,486 | $159,810 |
Find assessor info on the county website
Neighborhood: Galt Mile
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Nearby schools
GreatSchools rating
- 10/10Bayview Elementary SchoolGrades: K-5Distance: 2.8 mi
- 6/10Sunrise Middle SchoolGrades: 6-8Distance: 2.8 mi
- 6/10Fort Lauderdale High SchoolGrades: 9-12Distance: 3.3 mi
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Estimated market value
$498,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$498,400
- Florida
- Broward County
- Fort Lauderdale
- 33308
- Galt Mile
- 4040 Galt Ocean Drive Unit 504
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