Cays Realty
551 N Fort Lauderdale Beach Blvd H1705, Fort Lauderdale, FL 33304 — MLS photo

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551 N Fort Lauderdale Beach Blvd H1705, Fort Lauderdale, FL 33304

Active · Condominium

$1,019,000

551 N Fort Lauderdale Beach Blvd H1705, Fort Lauderdale, FL 33304

Beds
2
Baths
2
Living area
1,113 sq ft
$ / sq ft
$916/sq ft
Year built
2009
Lot size
—
HOA fee
$3,106 Monthly
Annual tax
$13,580

About this property

SELLER WILL PAY ALL REMAINING HOA FEES FOR 2026 AT CLOSING. This is a great opportunity to purchase on the 17th floor with stunning views this luxury 2 bedroom, 2 bath unit BELOW market price. This unit is turn key fully furnished with a spacious balcony to enjoy meals and outdoor living room with views of the ocean, intracoastal and Fort Lauderdale skyline. Amenities include daily housekeeping, valet, spa, beachside yoga, beach club with Attendants, plus loungers, umbrellas and gourmet service. At the resort you have two gourmet restaurants Takato and Vitolo. You are on Central FT Lauderdale Beach and can walk to restaurants, bars and shopping. You can rent daily if you like and make money when you are not using your condo.

Property location

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551 N Fort Lauderdale Beach Blvd H1705, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,113 sq ft
Appliances
Dishwasher, Electric Range, Disposal, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Breakfast Bar, Bedroom On Main Level, Bathtub, Entrance Foyer, Eat In Kitchen, Kitchen Island, Elevator

Exterior & Structure

Property type
Condominium
Year built
2009
Stories
24
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association, Heated
Waterfront
Ocean Access
View
City, Intercoastal, Ocean

Parking

Garage spaces
2
Covered spaces
2
Parking features
Two Or More Spaces, Valet

HOA, Community & Financials

Association fee
$3,106 Monthly
Fee inclusions
Amenities, Cable Tv, Hvac, Hot Water, Insurance, Internet, Maintenance Structure, Parking, Pest Control, Pools, Reserve Fund, Roof, Sewer, Security, Trash, Water
Amenities
Beach Rights, Business Center, Fitness Center, Pool, Elevators
Security
Secured Garage Parking, Other, Security Guard, Fire Sprinkler System, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$13,580
Subdivision
551 FLB CONDOMINIUM HOTEL
County
Broward
Days on market
294
MLS listing ID
A11781047
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,337

Cap rate
-0.6%
Net yield
-0.6%
Cash-on-cash return
-22.4%
Gross yield
5.7%
Mortgage payment
$4,831/mo
Down payment
$254,750
Loan amount
$764,250
Annual NOI
-$6,080

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.