551 N Fort Lauderdale Beach Blvd R204, Fort Lauderdale, FL 33304 — MLS photo

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551 N Fort Lauderdale Beach Blvd R204, Fort Lauderdale, FL 33304

Active · Condominium

$1,395,000

551 N Fort Lauderdale Beach Blvd R204, Fort Lauderdale, FL 33304

Beds
2
Baths
3
Living area
1,061 sq ft
$ / sq ft
$1,315/sq ft
Year built
2009
Lot size
—
HOA fee
$2,961 Monthly
Annual tax
$18,654

About this property

Because luxury is never having to make the bed again! Turn this into your beachfront home at The Ocean Residences, Fort Lauderdale Beach, and enjoy the best of both worlds: private condo living with five-star lifestyle benefits. Housekeeping is included in your condo fee. This spacious 2-bed, 2.5-bath residence is currently fully furnished with interiors by Steven G., homestead-eligible, and perfect for year-round living or as a second home. Optional hotel management is available when you travel. Amenities include daily housekeeping, *twice-weekly laundry, Wi-Fi, water, cable, 24-hour valet, beach chair service, and more. On-site restaurants include Takato, Vittolo and more. *Restrictions Apply

Interior & exterior features

Appliances

  • Dishwasher
  • Electric Range
  • Microwave
  • Refrigerator

Cooling

  • Central Air

Heating

  • Central

Views

  • Ocean

Waterfront

  • Ocean Front

Parking

  • One Space

Interior features

  • Kitchen Island
  • Other
  • Split Bedrooms
  • Walk In Closets
  • Bar

Exterior features

  • Balcony

Pool

  • Association
  • Heated

Flooring

  • Carpet
  • Marble
  • Tile

construction

  • Block

security

  • Elevator Secured
  • Key Card Entry
  • Lobby Secured
  • Smoke Detectors

association_amenities

  • Business Center
  • Playground
  • Pool
  • Sauna
  • Spa Hot Tub
  • Elevators

association_fee_includes

  • Common Areas
  • Cable Tv
  • Hot Water
  • Insurance
  • Laundry
  • Parking
  • Pools
  • Reserve Fund
  • Sewer
  • Security
  • Trash
  • Water

Investment intelligence

Yield & ROI calculator

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

Estimated monthly cash flow

-$6,771

Cap rate
-0.1%
Net yield
-0.1%
Cash-on-cash return
-20.8%
Gross yield
4.9%
Mortgage payment
$6,613/mo
Down payment
$348,750
Loan amount
$1,046,250
Annual NOI
-$1,894

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