OCEAN MANOR CONDO

4040 Galt Ocean Drive # 504, Fort Lauderdale FL 33308

1 beds · 1 baths · 750 ft²

Closed

$685,000

Est. Payment $3,646/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

750

Sq. Ft.

1960

Year Built

120

Days on Market

Description

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

Facts

MLS#
R10861056
Subdivision
OCEAN MANOR CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1960
Lot Size
0 sqft
Sq. Ft.
750 ft²
Sq. Mt.
70 m²
Price per sq. ft.
$913/ft²
Price per sq. mt.
$9,786/m²
Stories
—
Garage
—
Pool
—
Days on Market
120 days
Listed
Jan 25, 2023
Last Updated
Sep 29, 2026
Price/Lot Sq.Ft.
—

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Fort Lauderdale

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

Sellers market

October 2026

100/100
Buyers marketSellers market

51

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).

9/29/2026Sold$685,000
1/25/2023Listed for sale$685,000

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

Location

4040 Galt Ocean Drive # 504, Fort Lauderdale FL 33308Directions

Estimated Monthly Payment

$4,367/mo

Principal & Interest

$3,646

Property Tax

$571

Insurance

$150

HOA

$0

20% ($137,000)
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

Hablo Español

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