Ocean Manor a great investment on Galt Ocean Mile

When it comes to investing in real estate, location is key, and few places can rival the charm and allure of Galt Ocean Mile. Nestled along the picturesque coastline of Fort Lauderdale, Ocean Manor stands out as a prime investment opportunity for both buyers and sellers alike. This iconic property not only boasts a rich history but also offers a variety of amenities that appeal to residents and vacationers.
Ocean Manor was established in the 1960s and has since become a beloved landmark along Galt Ocean Mile. With its distinctive architecture and beachfront views, it has attracted countless visitors and residents over the decades. The building features a total of 140 units, each offering stunning ocean views and spacious layouts. Units typically range from one to two bedrooms, with sizes varying from approximately 800 to 1,200 square feet. This variety makes it an appealing option for different types of buyers—from young professionals seeking a cozy beach getaway to families looking for a larger space.
One of the standout features of Ocean Manor is its rental policy, which allows owners to rent their units on a short-term basis. This flexibility is particularly advantageous for investors looking to capitalize on the booming vacation rental market in South Florida. During peak season, which typically runs from December through April, rental rates can reach impressive heights—often exceeding $300 per night for prime units. This potential for high returns makes Ocean Manor an attractive option for those looking to invest in real estate.
The neighborhood surrounding Ocean Manor is another significant draw for potential buyers. Galt Ocean Mile is known for its vibrant atmosphere, with an array of dining options, shopping venues, and entertainment choices just steps away from the property. Residents can enjoy everything from casual beachside cafes to upscale restaurants featuring fresh seafood and international cuisine. Additionally, the area is home to beautiful parks and recreational facilities that cater to outdoor enthusiasts.
Amenities at Ocean Manor further enhance its appeal as an investment property. The building features a heated swimming pool overlooking the ocean, allowing residents and guests to soak up the sun while enjoying breathtaking views. A fitness center equipped with modern exercise machines ensures that health-conscious individuals can maintain their fitness routines without leaving home. The on-site restaurant offers convenient dining options, while direct beach access allows residents to enjoy sunbathing or water sports at their leisure.
Recent upgrades have also contributed to the value of Ocean Manor properties. Many units have undergone renovations that include modern kitchens with stainless steel appliances, updated bathrooms with stylish fixtures, and new flooring throughout. These enhancements not only improve the living experience but also increase the overall marketability of units when it comes time to sell or rent.
For sellers considering listing their properties at Ocean Manor, now may be an opportune time given the current real estate market trends in South Florida. With rising demand for beachfront properties—especially in desirable neighborhoods like Galt Ocean Mile—sellers could see favorable returns on their investments. Additionally, those who have made upgrades or renovations will find that these improvements can significantly boost their asking price.
Buyers looking into purchasing at Ocean Manor should act quickly as inventory tends to move fast in this sought-after location. Whether you are seeking a primary residence or an investment property, being proactive will ensure you don’t miss out on this incredible opportunity.
In conclusion, Ocean Manor presents itself as more than just another condominium complex; it embodies a lifestyle choice set against one of South Florida's most beautiful backdrops. The combination of its rich history, desirable location on Galt Ocean Mile, flexible rental policies, appealing amenities, and recent upgrades make it an excellent investment opportunity for both buyers and sellers alike.
As we move forward into another bustling season in Fort Lauderdale’s real estate market, those who recognize the potential within Ocean Manor will undoubtedly reap the rewards of their investment decisions—whether through personal enjoyment or financial gain. Investing in this iconic property means becoming part of a community that values quality living by the sea while embracing all that life has to offer along Galt Ocean Mile.
To buy or sell on Galt Ocean Mile contact me Brian "B" Elam from "B" At The Beach Realty.
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