527 Orton Ave 501, Fort Lauderdale, FL 33304 — MLS photo

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527 Orton Ave 501, Fort Lauderdale, FL 33304

Active · Condominium

$2,950,000

527 Orton Ave 501, Fort Lauderdale, FL 33304

Beds
3
Baths
4
Living area
0 sq ft
$ / sq ft
—
Year built
2026
Lot size
—
HOA fee
$2,326 Monthly
Annual tax
$2,649

About this property

Introducing The Terraces, a boutique collection of only 22 luxury residences in the heart of Fort Lauderdale Beach with a Summer 2026 delivery. Designed for those who value space, privacy, and elevated coastal living, this exclusive new development offers expansive layouts and thoughtfully curated amenities that create a true residential resort experience. Each residence features generous indoor-outdoor living with oversized private terraces, allowing owners to fully embrace the South Florida lifestyle; whether as a primary home or the perfect beach retreat. Residents will enjoy an intimate amenity experience across multiple levels, including a beautifully designed pool and relaxation deck with sunbeds, a state-of-the-art fitness center with lounge, an outdoor terrace, and two summer kitchens ideal for entertaining. With only 22 residences, The Terraces offers a rare opportunity to experience boutique living just moments from the sand, combining the privacy of a small residential building with the luxury finishes and lifestyle amenities expected of a modern coastal residence. Residence 701 represents one of the premier homes in the building. This expansive three bedroom plus den and 3.5 bathroom residence features 2,674 square feet of interior living space, and a large 987 square foot private terrace designed for seamless indoor outdoor living.

Property location

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527 Orton Ave 501, Fort Lauderdale, FL 33304

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
0 sq ft
Flooring
Ceramic Tile, Porcelain Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Bedroom On Main Level, Dual Sinks, Kitchen Island, Living Dining Room, Split Bedrooms
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
2026
Stories
10
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association
View
Intercoastal, Ocean

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Attached, Covered, Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$2,326 Monthly
Fee inclusions
Amenities
Amenities
Bike Storage, Cabana, Clubhouse, Elevators, Fitness Center, Barbecue, Picnic Area, Pool
Security
Elevator Secured, Secured Garage Parking, Lobby Secured
Pets allowed
Conditional, Yes
Annual tax
$2,649
Subdivision
TERRACES CONDO
County
Broward
Days on market
132
MLS listing ID
A12023938
Listing status
Active

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

-$3,650

Cap rate
4.2%
Net yield
4.2%
Cash-on-cash return
-5.3%
Gross yield
6.6%
Mortgage payment
$13,985/mo
Down payment
$737,500
Loan amount
$2,212,500
Annual NOI
$124,019

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