Condo / High-rise home in Fort Lauderdale, FL
A Condo condo in Fort Lauderdale, FL, it offers 2 bedrooms and 2 bathrooms across 1,138 square feet. The Condo styling carries through the home's design.
| Price | $1,549,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1138 |
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| Architectural style | Condo / High-rise (95% match) |
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| Address | 551 N Fort Lauderdale Beach Blvd Unit R407, Fort Lauderdale, FL 33304 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $1.5M, this home is 193% above the $528K median for 709 similar Condo / High-rise homes in Fort Lauderdale, FL.
- That works out to $1361 per square foot, 214% above the $433 comparable rate.
- On the market 11 days.
| This home | $1,549,000 |
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| Condo / High-rise median in Fort Lauderdale, FL | $528,000 (709 homes) |
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| Price per sq ft | $1,361 vs. $433 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $10,234/month with 20% down at a 7.28% 30-year fixed rate. You would need about $438,613 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $8,479/mo |
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| Property tax (new-buyer reassessed rate) | $1,175/mo |
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| Homeowners insurance | $581/mo |
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| Total monthly | $10,234/mo |
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| Down payment (20%) | $309,800 |
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| Income needed | $438,613/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (69 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (69/100) |
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| Beats renting in | 24% of modeled paths |
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| Modeled 5-yr equity (median) | $829,955 |
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| Range (10th to 90th pct) | $515,693 to $1,210,933 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Estately