4250 Galt Ocean Drive, Unit 10P Fort Lauderdale, FL 33308 -- MLS# B26089558
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Property Description
This updated 1-bedroom, 1-den, 1.5-bathroom condo at Galt Towers offers 950 square feet of well-appointed living space situated on the 10th floor of this Fort Lauderdale oceanfront community. The south facing location provides exceptional views and natural light throughout the unit. This condo delivers the appeal of Fort Lauderdale's coveted beachside lifestyle with the convenience of everything within walking distance. The open floor plan maximizes the functional living area, making efficient use of every square foot. This is an excellent opportunity to own a piece of waterfront real estate in one of South Florida's most sought-after addresses. Enjoy built in features in the bedrooms, den and the kitchen for maximum storage. Can be rented immediately with provisions. Condo can be rented immediately per condo declaration once per calendar year. ESA and Service Animals are permitted with documentation provided to Board. Association has more than 4 million in reserves and is fully funding the required SIRS reserves and partially funding other reserves. VERY EASY TO SHOW with a minimum of 1 hour notice to owner and / or listing agent. Seller is motivated and will consider reasonable concessions towards the buyers closing costs. The washer / dryer is grandfathered in the unit per an email from the Board President in 2019 which will be provided. The building supplies UNLIMITED HOT WATER and AIR CONDITIONING to the unit. The FPL average monthly bill for the unit is less than $90 / month. The pool is also heated for those chilly days. The lobby and common areas are very well maintained. Underground garage spaces can be rented for $650-750 per year. There is ample free parking for up to 2 cars per unit on the top decks.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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