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551 N Fort Lauderdale Beach Boulevard #R1902, Fort Lauderdale, FL, 33304

3beds
4baths
1,590sqft
$1,295,000
$814price/sqft
$10,932/moest. monthly cost
$437,280/yrincome needed

About This Home

New price $1,295,000! Experience elevated coastal living at Ocean Resort Residences, beside the Four Seasons. One of only 5 exclusive 3-bedroom residences in the tower, R1902 offers 3BR/3.5BA with the coveted Steven G designer package. Delivered turnkey & fully furnished with 2 valet parking spaces, this home captures sweeping Atlantic, Intracoastal & downtown skyline views. Chef's kitchen features Sub-Zero & Wolf appliances. Enjoy five-star services: 24-hour valet, daily housekeeping, fitness center, spa, beach towel service & oceanfront dining. Flexible daily rentals through the hotel program make this ideal as a primary residence or investment to offset ownership costs. Seller to credit 3 months of condo/HOA fees at closing as an added incentive to a new homeowner!

Getting Around

61
WalkingSomewhat Walkable
36
TransitSome Transit
73
BikeVery Bikeable

Schools

9/10
6/10
Sunrise Middle SchoolGrades 6-81.5 mi
6/10

Construction

Condition

  • Property condition: Resale
  • Year built: 2009

Materials

  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Disposal,Microwave,Refrigerator
  • Laundry features: Common Area,Other

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Features

  • Breakfast Bar,Bedroom on Main Level,Breakfast Area,Bathtub,Dual Sinks,Kitchen Island,Living/Dining Room,Custom Mirrors,Multiple Primary Suites,Sitting Area in Primary,Soaking Tub,Separate Shower,Bar
  • Window features: Drapes,Rods,Sliding
  • Flooring: Carpet,Marble,Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,590 sqft

Property

Details

  • Parcel number: 504201fd0650

Features

  • Levels: One
  • Stories: 11
  • Pool features: Association
  • Patio & porch: Open,Wrap Around,Balcony
  • Exterior features: Balcony,Outdoor Living Area
  • Has spa: Yes
  • Spa features: In Ground
  • Has view: Yes
  • View description: Intercoastal,Ocean,Water
  • Has water view: Yes
  • Water view: Intercoastal,Ocean,Water
  • Waterfront features: None,Ocean Access,Ocean Front

Parking

  • Total spaces: 2
  • Parking features: Attached,Covered,Garage,Valet
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Broward County and Florida

Flood
Hurricane
Severe Storm
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,548$78,576
Home Insurance *$2,116$25,392
Property Taxes $2,071$24,852
Electricity $197$2,366
Total$10,932$131,184
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$374,811/yr
40% on housing$327,960/yr
45% on housing$291,520/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.5%
4.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$814This listing

vs Other Active Listings

Avg $/sqft

ZIP 33304$643
Broward County$319

vs Homes Sold Last Month

Median $/sqft

ZIP 33304$533
Broward County$352

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Price change$1,295,000
2026-03-02Price change$1,500,000
2025-05-23Price change$1,750,000
2024-08-13Listed for sale$2,300,000
2019-09-11Sold$1,700,000

For Sale by Agent

AgentTika Katalin Van Den Hurk
BrokerageCompass Florida, LLC

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