OCEAN MANOR CONDO

4040 Galt Ocean Drive # 427, Fort Lauderdale FL 33308

1 beds · 1 baths · 310 ft²

Closed

$220,000

Est. Payment $1,171/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

310

Sq. Ft.

1960

Year Built

11

Stories

3

Days on Market

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!

Facts

MLS#
R10767703
Subdivision
OCEAN MANOR CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1960
Lot Size
0 sqft
Sq. Ft.
310 ft²
Sq. Mt.
29 m²
Price per sq. ft.
$710/ft²
Price per sq. mt.
$7,586/m²
Stories
11
Garage
Pool
Private
Days on Market
3 days
Listed
Jan 3, 2022
Last Updated
May 23, 2026
Price/Lot Sq.Ft.

Market insights for Fort Lauderdale

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

54

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/23/2026Sold$220,000
1/3/2022Listed for sale$220,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$1,504/mo

Principal & Interest

$1,171

Property Tax

$183

Insurance

$150

HOA

$0

20% ($44,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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