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551 Bayshore Dr #PH4B
Fort Lauderdale, FL 33304
Listing courtesy of Douglas Elliman. Contact: [email protected].
The Ritz-Carlton Residences, Fort Lauderdale. This exceptional developer unit offers approximately 3,520 square feet of interior living space and 4,661 square feet of exterior space across two levels. The lower level features 3,200 square feet of interior space with 3 en-suite bedrooms, a den, an additional powder room, and a 626-square-foot terrace, while the upper level offers 320 square feet of interior space and an expansive 4,035-square-foot outdoor retreat complete with a plunge pool, summer kitchen, and powder room. Set along more than 400 linear feet of Intracoastal Waterway frontage, this extraordinary waterfront address introduces a new benchmark for luxury living in one of South Florida's most desirable destinations. Designed by internationally acclaimed architect Garcia Stromberg, the iconic 13-story boutique residence will feature just 83 exceptional homes, offering an intimate ownership experience complemented by the legendary service of The Ritz-Carlton. Residents enjoy a resort-style lifestyle including a Sunrise & Sunset 75 foot lap pool, South exposure leisure pool, State of the Art Wellness Center, Hammam, Owners lounge, Screening room, Sports Simulator and Invisible Wellness Concept curated by Amber Berger. Coastal lifestyle near Las Olas BLVD.
- Principal and interest
- $45,762
- Property tax
- $14,911
- Homeowners insurance
- $5,658
- HOA
- $0
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Broward County average total millage (19.86 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Panama Apts was built in 1979, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.