tomo logo

$1,090,000

Beds
2
Baths
2.5
sq ft
1,060

551 N Fort Lauderdale Beach Blvd Unit R304, Fort Lauderdale, FL 33304

551 N Fort Lauderdale Beach Blvd Unit R304

Fort Lauderdale, FL 33304

  • <1 day on market
Wake up to breathtaking direct ocean views and the soothing sound of waves from this spacious 2-bed, 2.5-bath beachfront residence at The Conrad. Designed for comfort and style, it features a split floor plan and custom-designed finishes, including modern paneled wood doors, designer lighting, and refined wall treatments. The gourmet kitchen boasts island seating and top-of-the-line SubZero & Wolf appliances. Relax on the oversized terrace, just steps from the sand and sea. Enjoy world-class amenities, including an oceanfront pool, beach chair and towel service, spa, gym, 24-hour valet, room service, and two signature restaurants. Currently managed by Conrad through 2035, offering 181 days of owner use per year. Owner-managed short-term rentals are not permitted.

Details

Property type

Condominium

Est. home value

$1,405,749

Lot size

Unknown

Price per sq ft

$1,029

Year built

2009

Annual property taxes

$22,276

Monthly HOA fee

$7.33

Price History

01/30/2025
Beaches

Beaches #F10483825

Listed
$1,090,000
-24.83%
07/25/2022
Beaches

Beaches #F10313094

Sold
$1,450,000

Schools & Community

Neighborhood: 

Central Beach Alliance

Elementary school: 

Bayview

Middle school: 

Sunrise

High school: 

Fort Lauderdale

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$25,166
Asking price
$1,090,000
Closing costs (~8% of asking)
-$87,200
Est. remaining loan balance
-$977,634
Cash to seller
$25,166

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

July 2022

Original loan amount

$1,015,000

Est. remaining balance

$977,634

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Victor Pena

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/31/2025 at 4:00 AM

Listing updated: 01/30/2025 at 10:35 PM

Listed by: Tika Katalin Van Den Hurk, Douglas Elliman Phone #: (954) 874-0740

MLS: Beaches #F10483825

Beaches logo