Sold for $2,799,900

$2,799,900

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

2beds

1,314sqft

Condominium

Built in 2009

-- sqft lot

$2,251,600 Zestimate^®

$2,131/sqft

$5,669 Estimated rent

Home value

$2,251,600

$1.98M - $2.52M

$5,669/mo

Zestimate^® history

Owner options

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$5,669/mo

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$5,669/mo

Rent Zestimate^®

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$23,320/mo

Est. payment

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$23,320/mo

Est. payment

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What's special

Fully furnished condoBeach chairsLaundry serviceValet parkingDaily housekeeping

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Electric Range, Refrigerator

Features

Kitchen Island, Elevator
Flooring: Carpet, Ceramic Tile, Other
Doors: High Impact Doors
Windows: High Impact Windows
Furnished: Yes

Interior area

Total structure area: 1,314
Total interior livable area: 1,314 sqft

Property

Parking

Total spaces: 2
Parking features: Valet
Garage spaces: 2

Features

Exterior features: Balcony
Pool features: Association
Spa features: Community
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean
Waterfront features: Ocean Front

Details

Parcel number: 504201FD1090

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

Year built: 2009

Community & HOA

Community

Security: Doorman, Elevator Secure, Card Entry
Application fee: $0
Subdivision: 551 Flb Condominium Resid

HOA

Has HOA: Yes
Amenities included: Bar, Business Center, Elevator(s), Fitness Center, Library, Other, Pool, Spa/Hot Tub
HOA fee: $3,667 monthly

Location

Region: Fort Lauderdale

Financial & listing details

Price per square foot: $2,131/sqft
Tax assessed value: $1,659,340
Annual tax amount: $27,900
Date on market: 1/3/2023
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
2/23/2024	Listing removed	$2,799,900$2,131/sqft
Source: Engel & Volkers #A11321647 Report a problem
11/15/2023	Sold	$2,799,900$2,131/sqft
Source: MIAMI #A11321647 Report a problem
8/8/2023	Pending sale	$2,799,900$2,131/sqft
Source: MIAMI #A11321647 Report a problem
8/4/2023	Price change	$2,799,900+12%$2,131/sqft
Source: MIAMI #A11321647 Report a problem
5/24/2023	Price change	$2,499,900-10.7%$1,903/sqft
Source: MIAMI #A11321647 Report a problem
1/6/2023	Listed for sale	$2,799,900$2,131/sqft
Source: MIAMI #A11321647 Report a problem
1/1/2023	Listing removed	--
Source: MIAMI #A11108580 Report a problem
11/4/2021	Listed for sale	$2,799,900$2,131/sqft
Source: MIAMI #A11108580 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$31,074 -1.2%	$1,659,340 -0.9%
2024	$31,439 -2.1%	$1,674,840 +2.4%
2023	$32,129 +15.2%	$1,635,110 +10%
2022	$27,901 +3.9%	$1,486,470 +5.9%
2021	$26,862 +12.4%	$1,403,390 +10%
2020	$23,892 -5%	$1,275,810 +5.3%
2019	$25,158	$1,212,110 -18.5%
2018	$25,158 +6.8%	$1,486,530 +23%
2017	$23,567 +4.3%	$1,209,040 +74.8%
2016	$22,593 +38.3%	$691,520 +10%
2015	$16,341	$628,660