Home » Fort Lauderdale » Ocean Resort at 551 Fort Lauderdale Beach Blvd Fort Lauderdale » 551 N Fort Lauderdale Beach Blvd R2403, Fort Lauderdale, FL 33304 | A11321647

Sold 551 N Fort Lauderdale Beach Blvd R2403, Fort Lauderdale, FL 33304

$2,799,900
closed for a price of $2,799,900

Property Highlights

Listing ID A11321647 Status of this Listing: Closed Sold Property Type Residential Condominium In a Condo Hotel 2 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 1,314 Sqft/122.07 m2 approx. Building Area 1,314 Sqft/122.07 m2 approx. COMMUNITY POOL Year Built 2009 Waterfront Has view of the Ocean Lease Term Minimum Duration: 1 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 1 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 313 Days

551 N Fort Lauderdale Beach Blvd R2403, Fort Lauderdale, FL 33304

Property Description: BEST VALUE ON THE BEACH! OCEANFRONT PENTHOUSE FOR SALE! Located on the residence level, this fully furnished condo makes the perfect home. Currently rented on long-term lease (12 month notice required). Owner can live here and enjoy all the benefits of resort living including daily Housekeeping, Laundry Service, Valet Parking, Water, Wi-Fi & Basic Cable, Beach chairs, amenities, and more, ALL IN THEIR CONDO FEE. Currently rented at $20k per month. Buyer to take over the lease. May purchase as a primary residence or second home and opt-in to the hotel program after the lease expires.

Residential Condominium Sold located at 551 N Fort Lauderdale Beach Blvd R2403 Fort Lauderdale FL 33304 in Broward County referenced as ID MLS # A11321647. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:Other
Previous Asking Price:$2,499,900
Original List Price:$2,799,900
Close Price:$2,799,900

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Condo-hotel
Architectural
Style:
  • High Rise
Entry Level (floor):24
Entry Level Location:24
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Other
  • Ceramic Tile
Number of stories:24

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Association
Security:
  • Door Man
  • Key Card Entry
  • Elevator Secured
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
  • Electric Range
Interior Features:
  • Kitchen Island
  • Bedroom On Main Level
  • Elevator
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$27,900

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$3,667
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$3,667
Association Fee 3rd HOA Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Library
  • Pool
  • Spa/hot Tub
  • Other
  • Elevator(s)
  • Fitness Center
Subdivision Name:551 FLB CONDOMINIUM RESID
Association Fee Includes:
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Internet
  • Amenities
Complex Name:OCEAN RESORT RESIDENCES
Senior Community:No
Restrictions: OK To Lease

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Parking Features:
  • Valet

More Details

Other Information:
Unit ViewOcean View
Housing Older Persons ActUnverified
Water AccessOther
Unit DesignHigh Rise
Type of AssociationCondo
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Exemptions
Flood ZoneX
Homeowner's Association Application Fee0
Style Condo 5+ Stories
FEMA Flood Zone DesignationsX
Minimum Number of Days for Lease1
Number of times allowed to lease per year365
Buy StateFlorida
Buyer Country of ResidenceUSA

Zoning and Legal

Tax Legal Description:551 FLB CONDOMINIUM RESIDENTIAL UNIT R-2403 PER AMCDO CIN #112920837
Real Estate Folio Number (Parcel Number):504201FD1090
Public Survey Range:50

Listing History

Update/EventDate/Days
Published Date:January 6, 2023 3:42 pm
On Market Date:January 3, 2023
Close Date:November 15, 2023
Price Change Date Time:August 4, 2023 11:47 am
Last Important Update Description:Closed
Date and Time of Last Important Update:December 6, 2023 12:15 pm
Status Last Changed:December 6, 2023 12:15 pm
Photos Last Modified:May 24, 2023 4:40 pm
Last Modified:December 6, 2023 5:15 pm
Days on the Market (updated on Last Modified*):206
Cumulative Days on the Market (updated on Last Modified**):626

Additional Information

Unit Location:High Rise
Number of Photos:25
Location:,,
Included:,,
Geographical Area:Ft Lauderdale Beach (3130-3170)
Area:3160
Courtesy of:ENGEL & VOLKERS Miami
Universal Property Id:US-12011-N-504201FD1090-R-N

Location

Show Property Address:Yes
Street Name:Fort Lauderdale Beach Blvd
Street Number:551
Street Direction Prefix:N
Street Address:551 N Fort Lauderdale Beach Blvd R2403
Unit Number:R2403
City : Fort Lauderdale
State : Florida
Zip Code : 33304
County : Broward County
Full Address:551 N Fort Lauderdale Beach Blvd R2403, Fort Lauderdale, FL 33304
Latitude:N26° 7' 50.7''
Longitude:W81° 53' 43.4''

Neighborhood

Postal City:Fort Lauderdale

Property Map

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