Atlantic Luxury Advisors
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21 photos

561 BAYSHORE #7

Fort Lauderdale, FL 33304

$475,000
1
1
730 sq ft
1957
Condominium
$850/mo
Yes
Yes
0
Active

Listing courtesy of RE/MAX Experience (Beth A Daly). Contact: [email protected].

About this home

Don't miss this fantastic opportunity to own a private beach getaway or investment property to rent seasonally or yearly. Move-in ready & in pristine condition, this 1 bed, 1 bath condo is furnished & equipped in a charming 10-unit gated boutique community. Within 7 miles of the airport, situated on 100' of the Intracoastal in sought after North Beach Village, blocks to the Atlantic Ocean, Las Olas nightlife, & renowned restaurants, the location is optimal. From this second floor unit, you'll enjoy a lovely peek of the Intracoastal, pool & landscaped grounds. You can relax in the expansive backyard along the water, watching the daily parade of yachts going by. There are not enough words to describe this "must-see" to truly appreciate all this condo has to offer at the Panama Club. PLEASE use Seller Completed Documents to submit your offer!

Virtual tour
What it costs to own
Estimated monthly payment
$4,269/mo
Principal and interest
$2,402
Property tax
$717
Homeowners insurance
$300
HOA
$850

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.

Florida cost of ownership
Estimated property tax
$8,604/yr

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.

HOA
$850/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone A: first to evacuate, ordered for tropical storms and every hurricane category.

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.

Location

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. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.