Bought with Douglas Elliman
$220,000
$220,000
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4040 Galt Ocean DR 427 Fort Lauderdale, FL 33308
1 Bed
1 Bath
310 SqFt
Key Details
Sold Price $220,000
Property Type Condo
Sub Type Condo/Coop
Listing Status Sold
Purchase Type For Sale
Square Footage 310 sqft
Price per Sqft $709
Subdivision Ocean Manor Condo
MLS Listing ID RX-10767703
Style 4+ Floors
Bedrooms 1
Full Baths 1
HOA Fees $389/mo
Min Days of Lease 1
Year Built 1960
Annual Tax Amount $3,083
Tax Year 2021
Property Description
Investors welcome! Don't miss the opportunity to own a turn-key, fully furnished, income-producing studio condo with an amazing view and private beach access in a high-demand, expanding Fort Lauderdale area. Ready to rent out *immediately* without major restrictions (privately or through the hotel), this property typically earns an approximate gross revenue of $32,000 at around 65% occupancy (higher income may be possible with increased occupancy). Low HOA and property taxes also allow for a dream Florida lifestyle by the ocean and near shopping plazas and entertainment centers, in case you'd like to occupy the unit yourself! Won't last, contact the Listing Agent now!
Location
State FL
County Broward
Area 3150
Zoning R
Rooms
Other Rooms Studio Bedroom
Interior
Heating No Heat
Cooling Ceiling Fan, Central
Flooring Ceramic Tile, Concrete, Other
Exterior
Parking Features Assigned, Vehicle Restrictions
Community Features Sold As-Is
Utilities Available Cable
Amenities Available Elevator, Pool
Waterfront Description Ocean Access,Oceanfront
View Ocean
Exposure East
Building
Story 11.00
Foundation Block, CBS, Concrete
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed Size Limit
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