1 / 39
+34 photosLuxury condo — 551 N Fort Lauderdale Beach Boulevard R407 · 551 Flb Condominium Resid · Fort Lauderdale
South Florida Luxury Living
Property Magazine
Your home in print
A magazine dedicated to 551 N Fort Lauderdale Beach Boulevard R407, Fort Lauderdale, FL 33304
Dedicated to you and your family.
A photo-rich, always-current edition with the home’s details, neighborhood lifestyle, assigned and nearby schools, ownership planning, and applicable waterfront guidance. Sign in or create a free account and the same edition is rewritten around your household — the schools your children would attend, the boat you keep, the routes you actually drive.
Open property magazine$1,389,000
551 N Fort Lauderdale Beach Boulevard R407, Fort Lauderdale, FL 33304
Fort Lauderdale, FL, 33304
2 bd · 2 ba · 1,138 sqft
Listed by Compass Florida, LLC
551 N Fort Lauderdale Beach Boulevard R407, Fort Lauderdale, FL 33304
Listed by Compass Florida, LLC
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
0 of 6 homes in your tour
Estimated monthly payment
$12,021/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $12,021/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: Zone not provided · verify insurance quotes before buying.
About this home
Find similar homesWake up to the Atlantic Ocean from every room and a five-star Hilton resort wrapped around your front door. Private beach with full service; a staffed front desk and concierge; housekeeping on call; valet at the curb; and two restaurants and a café where residents eat at a discount. And there's more downstairs — pool, rooftop sundeck, spa, fitness center, and a residents' lounge. Unit R407 is a direct-oceanfront corner unit with two beds, two baths, floor-to-ceiling impact glass, and two private terraces — one spanning the living room and guest bedroom, the other off the kitchen and primary suite. Two parking spaces and a private storage room come with it, and it's offered partially furnished. Best of all, R407 is a residential unit — live here full-time with no seasonal caps, with the option down the road to convert it into the hotel's rental program as a beachfront income-generating asset. The ocean out front, the resort downstairs, and the freedom to stay as long as you like.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 10%
The seller has come down from $1,549,000 to $1,389,000 — a $160,000 reduction since it came on the market.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Building health
- Building
- 551 FLB CONDOMINIUM RESID· MLS
- Year built
- 2019· MLS
- Stories
- 24· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- Yes, Dogs OK· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $2,600 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details
Dogs
Welcome per listing rules
Your costs (est.)
≈ $12,021/mo
551 N Fort Lauderdale Beach Boulevard R407, Fort Lauderdale, FL 33304 · Fort Lauderdale
Location
551 N Fort Lauderdale Beach Boulevard R407, Fort Lauderdale, FL 33304
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 551 N Fort Lauderdale Beach Boulevard R407, Fort Lauderdale, FL 33304?+
Property tax (after sale): $2,012/month est.; homeowners insurance: $202/month est.; HOA: $2,600/month. Fixed ownership costs before a mortgage: $4,814/month est. Principal and interest: $7,207/month; PMI: $0/month. Total for the payment scenario shown: $12,021/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 551 N Fort Lauderdale Beach Boulevard R407, Fort Lauderdale, FL 33304?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 551 N Fort Lauderdale Beach Boulevard R407, Fort Lauderdale, FL 33304 need flood insurance, and what drives the premium?+
Most of Fort Lauderdale sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 551 N Fort Lauderdale Beach Boulevard R407, Fort Lauderdale, FL 33304?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 551 N Fort Lauderdale Beach Boulevard R407, Fort Lauderdale, FL 33304 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Fort Lauderdale luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 551 N Fort Lauderdale Beach Boulevard R407, Fort Lauderdale, FL 33304?+
This listing has been on the market 47 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Fort Lauderdale. Venice of America — 165+ miles of navigable waterways, Las Olas dining, and easy I-95 / Brightline access.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Harbordale Elementary School
Elementary · 2.7 mi from this home · 900 Se 15Th St, Fort Lauderdale
Sunrise Middle School
Middle school · 1.5 mi from this home · 1750 Ne 14Th St, Fort Lauderdale
Fort Lauderdale High School
High school · 2.5 mi from this home · 1600 Ne 4Th Ave, Fort Lauderdale
Zone boundaries published by Broward County Public Schools.
Other options for this address
ST. Thomas Aquinas High School
High school · Private · Catholic · Grades 9–12 · Fort Lauderdale
Edith Robinson Christian Academy
High school · Private · Christian · Grades 9–12 · Fort Lauderdale
Murl Windsor Academy At Hollywood
Pre-K & Kindergarten · Private · Grades PK–12 · Fort Lauderdale
Permission To Succeed Education Center
Pre-K & Kindergarten · Private · Grades PK–12 · Port ST. Lucie
Permission To Succeed Education Center
Pre-K & Kindergarten · Private · Grades K–12 · Port ST. Lucie
Lighthouse Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades 4–12 · Oakland Park
The International Family Academy
Pre-K & Kindergarten · Private · Grades K–12 · Fort Lauderdale
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$1,389,000 · MLS A12097275
$1,389,000
551 N Fort Lauderdale Beach Boulevard R407
1 N FORT LAUDERDALE BEACH Boulevard 1713, Fort Lauderdale, FL 33304
Listed by Douglas Elliman
Ritz Carlton
2 bd · 3 ba · 1,266 sq ft
$1,250,000
View details
511 BAYSHORE Drive 802, Fort Lauderdale, FL 33304
Listed by Compass Florida, LLC
BAYSHORE TOWERS
2 bd · 2 ba · 1,330 sq ft
$759,900
View details
1 Las Olas Circle 202, Fort Lauderdale, FL 33316
Listed by United Realty Group Inc
VENETIAN CONDO
2 bd · 2 ba · 1,625 sq ft
$1,399,000
View details
209 N FORT LAUDERDALE BEACH Boulevard 17J, Fort Lauderdale, FL 33304
Listed by Atlantic Properties Int'l Inc
SEASONS CONDO
1 bd · 1 ba · 560 sq ft
$450,000
View details
101 S Fort Lauderdale Beach Boulevard 1204, Fort Lauderdale, FL 33316
Listed by Coldwell Banker Realty
LAS OLAS BEACH CLUB
3 bd · 3 ba · 2,378 sq ft
$2,295,000
View details
2670 E Sunrise Boulevard 334, Fort Lauderdale, FL 33304
Listed by Berkshire Hathaway HomeService
GALLERY ONE CONDO
2 bd · 2 ba · 1,040 sq ft
$268,000
View details