Ocean Resort Residences Condos For Sale & Rent

551 Fort Lauderdale Beach Blvd, Fort Lauderdale, FL 33304

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Ocean Resort Residences Condos For Sale & Rent|551 Fort Lauderdale Beach Blvd, Fort Lauderdale, FL 33304
Condo photo fullscreen
Units 109
Stories 24
Built 2009

Ownership And Leasing

Long Term Policy: 1 time a year, 12 Months minimum

Lease After Purchase: Ok To Lease

Pets Policy: Pet friendly

Price Range: From $369,990 To $1,574,900

Building Profile

Architect: Michael Graves

Developer: Jose Luis Zapata

Ocean Resort Residences Floor Plans: Contact Us

Ocean Resort Residences Walk Score ®

Walk:64 - Somewhat Walkable
Bike:73 - Very Bikeable
Transit:36 - Some Transit

Ocean Resort Fort Lauderdale Condo Overview

Ocean Resort Fort Lauderdale is a Fort Lauderdale condo building at 551 Fort Lauderdale Beach Blvd in Fort Lauderdale. Built in 2009, the property has 24 stories and 109 residences. Buyers usually compare beach or river access, hotel or resort rules, parking, rental flexibility, building services, and monthly costs.

Ocean Resort Fort Lauderdale Condos for Sale

Ocean Resort Fort Lauderdale condos for sale should be compared by ocean, Intracoastal, river, or city exposure, floor height, layout, rental flexibility, parking, and monthly fees. Buyers should review recent comparable sales, view quality, interior condition, parking, monthly fees, building rules, reserves, and insurance considerations before deciding how a listing is positioned.

Ocean Resort Fort Lauderdale Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 12-month minimum rental term and up to 1 rental per year. Buyers should verify association rules, approval timing, lease fees, taxes, city requirements, and current restrictions before relying on projected income.

Amenities and Building Details

The building was designed by Michael Graves and developed by Jose Luis Zapata. The building is pet-friendly. Buyers should review amenities, parking, security, reserves, insurance considerations, association rules, and monthly fees with the specific residence. This beachfront sanctuary comprises 109 units across 24 stories, offering a diverse range of floor plans, including studios, and one to three-bedroom options, spanning 451 to 1,712 square feet. The 20,000-square-foot pool deck, with its resort-caliber swimming pool and poolside restaurant bar, offers a luxurious escape. Residents can indulge in fine dining at TAKATO Japanese-Korean Fusion Restaurant or rejuvenate at the Conrad spa. The state-of-the-art fitness center and morning beach yoga sessions promote wellness, while the gourmet market caters to culinary needs.

What to Compare Before Buying at Ocean Resort Fort Lauderdale

Compare active condos for sale, active rentals, recent sales, view quality, unit condition, monthly fees, parking, rental rules, pet policy, and Fort Lauderdale access. It is also useful to compare Ocean Resort Fort Lauderdale with nearby buildings and area pages such as Fort Lauderdale.

Market Context

Ocean Resort Fort Lauderdale has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 46 recorded condo sales, or about 6 sales per year. That is a thinner resale sample, so each closed sale should be reviewed closely for condition, view, size, and unusual terms before using it as a benchmark. The busiest year in the series was 2022 with 18 sales, while the quietest was 2017 with 1. Recent completed-year sales volume is below the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Ocean Resort Fort Lauderdale ranges from about $825/sqft to $1,761/sqft, with an average near $1,132/sqft across the years shown. That wide valuation band means unit-specific factors can materially change the right price range. The last completed year in the series is higher than the first, moving from $860/sqft in 2017 to $945/sqft in 2025. The recent completed-year price-per-square-foot average is close to the long-term average. Average closed price over the same completed-year period was about $787,577, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Ocean Resort Fort Lauderdale: 2 Beds and 1 Bed units have the broadest historical comparison set, while 2 Beds around $1,343,557 and 1 Bed around $566,074 represent the higher average closed-price tiers in the chart data. Because that segment appears across several years, it is more useful as a comparison base than a one-off sale. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Ocean Resort Fort Lauderdale also has long-term rental positioning with a 12-month minimum lease and up to 1 rental per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.

Building FAQ

Ocean Resort Residences real estate questions

Where is Ocean Resort Residences located?

Ocean Resort Residences is located at 551 Fort Lauderdale Beach Blvd in Fort Lauderdale.

How large is the Ocean Resort Residences condo building?

The building profile lists 2009 construction, 24 stories, and 109 units.

What is the rental policy at Ocean Resort Residences?

For Ocean Resort Residences, the building profile notes a long-term rental profile, 12 Months minimum rental term, and up to 1 rental per year. That policy can matter as much as the unit itself for investors and seasonal-use buyers. Before making an offer, confirm association rules, approval timing, fees, city requirements, and any recent policy changes.

What should buyers compare before buying at Ocean Resort Residences?

Buyers should compare view exposure, floor plan, unit condition, monthly fees, parking, rental rules, pet policy, amenities, recent sales, and competing nearby buildings.

What is the pet policy at Ocean Resort Fort Lauderdale?

Ocean Resort Fort Lauderdale currently shows a pet-friendly policy, 20 lbs per pet. Buyers and renters should confirm current association rules, breed or weight limits, deposits, and approval requirements before relying on the policy.

What do the long-term market statistics show for Ocean Resort Fort Lauderdale?

Ocean Resort Fort Lauderdale has completed-year sales history from 2017 through 2025 with 46 recorded closed sales, or about 6 sales per year. That is a thinner resale sample, so each closed sale should be reviewed closely for condition, view, size, and unusual terms before using it as a benchmark. Recent completed-year sales volume is below the long-term average. Buyers should still compare individual units by line, view, condition, floor height, fees, parking, and building rules.

How should buyers use price per square foot at Ocean Resort Fort Lauderdale?

The completed-year price-per-square-foot history for Ocean Resort Fort Lauderdale runs from 2017 through 2025 and ranges from about $825/sqft to $1,761/sqft, with an average near $1,132/sqft. That wide valuation band means unit-specific factors can materially change the right price range. Average closed price over the same completed-year data is about $787,577, but buyers should read that number by bedroom count, size, view, and renovation level.

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Sophia K. Albrecht

Sophia K. Albrecht

Lic. Real Estate Broker