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545 S FORT LAUDERDALE BEACH Boulevard #1703/1704, Fort Lauderdale, FL, 33316

4beds
3baths
2,150sqft
$2,199,000
$1,023price/sqft
$16,285/moest. monthly cost
$651,400/yrincome needed

About This Home

Introducing The Ocean 17, an extraordinary penthouse residence offering the pinnacle of boutique coastal living in one of Fort Lauderdale's most desirable beachfront locations. Created through the seamless combination of two penthouse condominiums, this one of a kind waterfront home encompasses approximately 2,150 square feet and features 4 bedrooms, 3 bathrooms, and two assigned parking spaces in the secured garage. Thoughtfully reimagined in 2022 with an uncompromising commitment to quality and design, this contemporary residence has been transformed from top to bottom with exceptional finishes and meticulous attention to detail. Showcasing an expansive open concept floor plan, The Ocean 17 is adorned with stunning tile flooring throughout, designer lighting, custom finishes, and beautifully appointed living spaces that blend sophistication with effortless coastal elegance. A defining feature of this exceptional penthouse is its rare dual waterfront exposure, offering breathtaking views of both the Atlantic Ocean and the marina below. Wake each morning to sweeping vistas of Fort Lauderdale Beach while enjoying the beauty of the city's renowned boating lifestyle, an extraordinary combination seldom found in South Florida. Perfectly positioned just steps from the sand and moments from Las Olas Boulevard, residents enjoy immediate access to world class dining, boutique shopping, entertainment, and nearby marinas. The building's exclusive third floor pool and community space, shared by only a limited number of residents, provide a private and tranquil retreat rarely found in larger condominium communities. Additional upgrades include hot water heaters installed in 2025 and 2022, air conditioning systems replaced in 2025 and 2022, and a residence that has been meticulously renovated to create a truly turnkey offering. The Ocean 17 presents a rare opportunity to own an exquisitely redesigned penthouse where modern luxury, breathtaking ocean and marina views, and Fort Lauderdale's premier coastal lifestyle come together in perfect harmony.

Getting Around

61
WalkingSomewhat Walkable
31
TransitSome Transit
63
BikeBikeable

Schools

9/10
6/10
Sunrise Middle SchoolGrades 6-82.3 mi
6/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1962

Materials

  • Roof: Concrete
  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Cooktop,Dryer,Dishwasher,Electric Cooktop,Freezer,Disposal,Ice Maker,Microwave,Refrigerator,Washer
  • Laundry features: In Unit,Washer Dryer Install Allowed

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 3
  • Main level bedrooms: 4

Features

  • Bedroom on Main Level,Storage
  • Flooring: Tile

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,150
  • Total interior livable area: 2,150 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 504212ac0510
  • Zoning: ABA
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: Association,Heated
  • Has view: Yes
  • View description: Beach,City,Intercoastal,Marina,Ocean,Water
  • Has water view: Yes
  • Water view: Beach,Intercoastal,Marina,Ocean,Water
  • On waterfront: Yes
  • Waterfront features: Intracoastal Access,Ocean Front

Parking

  • Total spaces: 2
  • Parking features: Attached,Covered,Garage
  • 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 $11,119$133,428
Home Insurance *$3,191$38,292
Property Taxes $1,759$21,108
Electricity $216$2,596
Total$16,285$195,420
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$558,342/yr
40% on housing$488,550/yr
45% on housing$434,266/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

$1,023This listing

vs Other Active Listings

Avg $/sqft

ZIP 33316$940
Broward County$319

vs Homes Sold Last Month

Median $/sqft

ZIP 33316$865
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
2026-07-22Price change$2,199,000
2026-06-10Listing removed$12,000
2026-05-01Listed for rent$12,000
2026-05-01Listing removed$12,000
2025-12-01Price change$2,550,000
2025-10-22Listed for rent$12,000
2025-10-08Listed for sale$2,700,000

For Sale by Agent

AgentJoseph Salines III
BrokerageDouglas Elliman

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