4280 Galt Ocean Dr 2K, Fort Lauderdale, FL 33308

Condominium · Active

$659,000

4280 Galt Ocean Dr 2K, Fort Lauderdale, FL 33308 — MLS photo

Miami Real Estate Listings & Homes for Sale

4280 Galt Ocean Dr 2K, Fort Lauderdale, FL 33308

Bedrooms
2
Bathrooms
2
Interior
1,650 sq ft
Price / sq ft
$399/sq ft
Built
1971
Lot
—

The residence

Welcome to this ocean view 2bed/2bath condo in the luxury Plaza South building. This spacious 2nd floor beachfront condo has 1,650 sq ft of space with a private large balcony on the south side. A semi-private elevator leads to this updated residence that feels more like a house. Upon entering this condo through the double doors is a view of the beautiful pool deck and ocean. Enjoy a spacious dining & living room area with tile floor & newly installed floor to ceiling hurricane windows to enjoy the view from. There is generous closet space in both bedrooms, all new hurricane windows & separate laundry area with full-size washer & dryer. This luxury beachfront building has resort style amenities including: 24-hour doorperson, state-of-the-art exercise room, sauna, infinity saltwater pool, social room with chef's kitchen & a game room. Includes 1 assigned garage parking space. Immediate leasing ok, min 3 months, once a year. No pets. This ocean view condo is rented until June 2027, so you can buy at today's prices and collect rent until June 2027. Living on Galt Ocean Drive is a lifestyle investment in one of South Florida's convenient Luxury beachfront communities, close to: stores, restaurants, golf, tennis, museums & more. Listing is subject to errors, changes, & omissions without notice, information in this listing is not warranted or guaranteed & must be confirmed by buyer.

Property location

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4280 Galt Ocean Dr 2K, Fort Lauderdale, FL 33308

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,650 sq ft
Flooring
Tile
Appliances
Dryer, Electric Water Heater, Refrigerator, Washer
Cooling
Electric
Heating
None
Interior features
Bedroom On Main Level, First Floor Entry, Stacked Bedrooms

Exterior & Structure

Property type
Condominium
Year built
1971
Stories
28
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Association, Heated
Waterfront
Ocean Front
View
Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Guest, One Space

HOA, Community & Financials

Association fee
$4,824 Quarterly
Fee inclusions
Association Management, Amenities, Common Areas, Legal Accounting, Maintenance Structure
Amenities
Billiard Room, Clubhouse, Community Kitchen, Fitness Center, Library, Barbecue, Picnic Area, Pool, Shuffleboard Court, Sauna, Storage, Trash, Vehicle Wash Area, Elevators
Security
Door Man, Secured Garage Parking
Pets allowed
No, Pet Restrictions
Annual tax
$11,278
Subdivision
PLAZA SOUTH CONDO
County
Broward
Days on market
240
MLS listing ID
A11970960
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,752

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.4%
Gross yield
8.7%
Mortgage payment
$3,124/mo
Down payment
$164,750
Loan amount
$494,250
Annual NOI
$16,459

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.

Get More Info About This Property

4280 Galt Ocean Dr 2K, Fort Lauderdale, FL 33308