Home » Fort Lauderdale » Ocean Resort at 551 Fort Lauderdale Beach Blvd Fort Lauderdale » 551 N Fort Lauderdale Beach Blvd H1608 Fort Lauderdale FL 33304 | A11440608

551 N Fort Lauderdale Beach Blvd H1608 Fort Lauderdale FL 33304 | Sold

$447,000
closed for a price of $423,500

Property Highlights

Listing ID A11440608 Status of this Listing: Closed Sold Property Type Residential Hotel/motel In a Condo Hotel 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 577 Sqft/53.61 m2 approx. Building Area 577 Sqft/53.61 m2 approx. 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 98 Days
14 Photos of this Property

551 N Fort Lauderdale Beach Blvd H1608 Fort Lauderdale FL 33304

Property Description: Seller will offer 2 years of HOA fees on behalf of buyer. Spectacular turn-key unit in The Ocean Resort with Ocean views. This luxurious fully furnished residence offers all of the benefits of resort living including leading-edge design, world-class style, complimentary housekeeping services and remarkable amenities. Located directly on Fort Lauderdale’s world-renowned beach and walking distance to all of its legendary dining and entertainment.

Useful Info

Contingency:Other
Original List Price:$447,000
Close Price:$423,500

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Condo-hotel
Architectural Style:
  • High Rise
Entry Level (floor):16
Entry Level Location:16
Construction Materials:
  • Block
Flooring:
  • Marble
  • Ceramic Tile
Number of stories:24
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Heated
Security:
  • Fire Sprinkler System
  • Elevator Secured
  • Lobby Secured
  • Secured Garage/parking
Appliances:
  • Microwave
  • Refrigerator
  • Electric Range
Interior Features:
  • Built-in Features
  • Bar
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$8,672

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:$1,611
Association Fee Frequency:
  • Monthly

Terms

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

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Clubhouse
  • Laundry
  • Other
  • Elevator(s)
  • Fitness Center
Subdivision Name:551 FLB CONDOMINIUM HOTEL
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Maintenance Structure
  • Insurance
  • Amenities
Complex Name:The Ocean Resort
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Valet

More Details

Other Information:
Unit View: Ocean View
Housing Older Persons Act: No HOPA
Water Access: Other
Unit Design: East Of Us1,High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 1
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 365
Flood Zone : X
Homeowner's Association Application Fee: 100
Style: Condo-Hotel
FEMA Flood Zone Designations: X
Subdivision Number: 0
Buyer Country of Residence: Unknown/Withheld

Zoning and Legal

Tax Legal Description:551 FLB CONDOMINIUM HOTEL UNIT H-1608 PER CDO BK/PG 50885/1170
Real Estate Folio Number (Parcel Number):504201FB0590
Public Survey Range:50

Listing History

Update/EventDate/Days
Published Date:August 22, 2023 6:28 pm
On Market Date:August 22, 2023
Close Date:November 28, 2023
Price Change Date Time:August 22, 2023 6:28 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:January 24, 2024 3:34 pm
Status Last Changed:January 24, 2024 3:34 pm
Photos Last Modified:August 22, 2023 10:41 pm
Last Modified:January 24, 2024 8:35 pm
Days on the Market (updated on Last Modified*):72
Cumulative Days on the Market (updated on Last Modified**):251

Additional Information

Unit Location:East Of Us1,High Rise
Number of Photos Count:14
Geographical Area:Ft Lauderdale Beach (3130-3170)
Area:3160
Ref ID:1043799522
Automated Valuation Display:Yes
Courtesy of:One World Properties
Universal Property Id:US-12011-N-504201FB0590-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 H1608
Unit Number:H1608
City : Fort Lauderdale
State : Florida
Zip Code : 33304
County : Broward County
Full Address:551 N Fort Lauderdale Beach Blvd H1608 Fort Lauderdale FL 33304
Latitude:N26° 7' 51.3''
Longitude:W81° 53' 44.3''

Neighborhood

Postal City:Fort Lauderdale

Property Map

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