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4040 Galt Ocean Drive 427, Fort Lauderdale, FL 33308 (MLS# R10767703)

4040 Galt Ocean Drive 427, Fort Lauderdale, FL 33308

$220,000

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https://www.propertypanorama.com/4040-Galt-Ocean-Drive-427-Fort-Lauderdale-FL-33308/unbranded

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 310 Status: Closed

Current Price: $220,000 List Date: 1/04/2022 Last Modified: 5/23/2026

Overview

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!

Listing Details MLS# R10767703

General Property Information

Number Of Units In Community: 192
Total Units In Building: 192
Unit Floor #: 4
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 310
Building Area Source: Public Records
Living Area Main: 310
Year Built: 1960
Gated Community YN: No
Senior Community YN: No
Waterfront YN: Yes
Stories Total: 11
Direction Faces: East
Pool Private YN: No
Furnished: Furnished

Property Features

Association Fee Includes: Cable TV; Common Areas; Electricity; Elevator; Hot Water; Insurance Dining Area: Snack Bar/Counter Flooring: Ceramic Tile; Concrete; Other Parking Features: Assigned Property Condition: Resale Appliances: Microwave; Refrigerator Construction Materials: Block; CBS; Concrete Cooling: Ceiling Fan(s); Central Air Association Type: Condominium Heating: None Interior Features: Elevator Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Size Limit Possession: Negotiable Restrictions: Buyer Approval Required; Lease Restrictions; Lease OK; Parking Restrictions Security Features: Fire Alarm; Lobby - Attended; Security System Special Information: Sold As-Is Tax Information: City/County Unit Description: Interior Hallway; Studio Utilities: Cable Available Water Access: Ocean Access Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Schedule Online; Text Listing Agent Contingencies: None Room Types: Kitchen; Living Room; Master Bedroom

Contract Information

Comp Sale YN: No
Original List Price: 220000

Location and Legal

County Or Parish: Broward
County Parish Name: Broward
Street Number: 4040
Street Name: Galt Ocean
Street Suffix: Drive
Unit Number: 427
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33308
Postal Zip: 33308
Subdivision Name: OCEAN MANOR CONDO
Area: 3150
Geographic Area: FBEA - Ft Lauderdale Beach (3130-3170)
Special Assessment YN: No
Parcel Number: 494319ch0950
Zoning: R
Directions: Take Exit 32 on I-95 and turn onto Commercial Blvd going East. Turn right onto Hwy A1A. Go straight into N Ocean Dr. Turn left on NE 41st St and right onto Galt Ocean Dr. Building will be to the left.

Financial Information

Association YN: Yes
Association Deposit YN: No
Association Fee: 389
Association Fee Frequency: Monthly
Association Membership: Mandatory
Application Required YN: Yes
Membership Fee Required YN: No
Tax Annual Amount: 3083.9
Tax Year: 2021
Tax Legal Description: OCEAN MANOR CONDO UNIT 427 PER CDO BK/PG: 9749/39

Status Change Information

Major Change Timestamp: 2022-02-06T00:03:44Z
Major Change Type: Status Change
Status Change Date: 2022-02-05
Under Contract Date: 2022-01-06
Close Date: 2022-02-04
Close Price: 220000
Buyer Financing: Cash

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Parking Information

Open Parking Spaces: Yes

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: Yes
Main Level Bedrooms: Yes

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: Yes

Storm Protection

Impact Glass: Complete

Concessions

Seller Concessions: No

Contributions

Buyer Contributions: No

Room Types

Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Price Calculations

Current Price To SqFt: 709.67
Original List Price To Close Price: Yes

Originating Details

Originating System Key: 20220104010425014207000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

Elevator(s): Yes
Laundry: Yes
Parking: Yes
Pool: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Electricity: Yes
Elevator: Yes
Hot Water: Yes
Insurance: Yes

Dining Area

Snack Bar/Counter: Yes

Flooring

Ceramic Tile: Yes
Concrete: Yes
Other: Yes

Parking Features

Assigned: Yes

Property Condition

Resale: Yes

Possession

Negotiable: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Available: Yes

Heating

None: Yes

Unit Description

Interior Hallway: Yes
Studio: Yes

Water Access

Ocean Access: Yes

Water View

Ocean: Yes

Appliances

Microwave: Yes
Refrigerator: Yes

Construction Materials

Block: Yes
CBS: Yes
Concrete: Yes

Interior Features

Elevator: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Fire Alarm: Yes
Lobby - Attended: Yes
Security System: Yes

Waterfront Features

Ocean Front: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Schedule Online: Yes
Text Listing Agent: Yes

Master Bedroom/Bath

Combo Tub/Shower: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Size Limit: Yes

Restrictions

Buyer Approval Required: Yes
Lease Restrictions: Yes
Lease OK: Yes
Parking Restrictions: Yes

Tax Information

City/County: Yes

Contingencies

None: Yes

Room Information

Room Name	Length	Width	Level	Remarks
Living Room	10.00	10.00	Main	Measurements are approximate and subject to errors
Kitchen	10.00	10.00	Main	Measurements are approximate and subject to errors
Master Bedroom	10.00	10.00	Main	Measurements are approximate and subject to errors

Listing Office: Coldwell Banker Realty /Delray Beach

Last Updated: May - 23 - 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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4040 Galt Ocean Drive 427, Fort Lauderdale, FL 33308 (MLS# R10767703)