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4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308
Sold
7 Days on Market
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$400,000

Sold · April 20, 2026

4540 N Ocean Drive 506

Lauderdale By The Sea, FL 33308

LEISURE MAR CONDO

Explore the area: Lauderdale By The Sea homes for sale · Broward County real estate

What this home sold for

Sold price
$400,000
Vs. list price
At list
Days on market
7
Price per sq ft
$312

This 2-bedroom condo in ZIP 33308 sold for $400,000 on April 20, 2026. That was exactly its final list price of $399,999. It spent 7 days on the market. At $312 per square foot, it closed 54.9% below the $692 median of the 5 other condo sales in the recent closings shown below.

2
Bedrooms
2
Bathrooms
1,284
Living Sq Ft
1970
Year Built

Listing Snapshot

Sold Price
$400,000
Sold On
April 20, 2026
Days on Site
7 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,284 sqft
Total Sq Ft
1,284 sqft
Year Built
1970
Property Type
Condo
MLS #
B26001826
Property Tax
$7,889 (2025)
HOA Fees
$650 / Monthly
Subdivision
LEISURE MAR CONDO
County
Broward
Status
Sold
Special Conditions
Standard

About This Property

Resort style living directly across from the beach in Lauderdale-by-the-Sea. Fully furnished turnkey 2BR/2BA corner unit with a split bedroom floor plan. Both bedrooms include sitting areas, walk-in closets, and ample storage. Spacious living room with natural light. Kitchen with white cabinetry and appliances. Leisure Mar amenities include a private oceanfront beach club, clubhouse with kitchen, heated pool, sun deck, tiki hut, and BBQ area. The building's 50-year certification is complete. Walkable to Lauderdale-by-the-Sea restaurants, shops, and entertainment.

Virtual Tour

General Features

Property Type
Condo
Status
Sold
Year Built
1970
Property Condition
Resale
Number of Stories
6
Levels
One
Parking
Covered
Direction Faces
East
Lot Size (Acres)
0
Living Sq Ft
1,284
Total Sq Ft
1,284
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
RM-25

Interior Features

Appliances
Dishwasher / Electric Range / Microwave / Refrigerator
Cooling
Central Air
Heating
Central
Flooring
Tile / Vinyl
Interior Features
Bedroom On Main Level / Breakfast Area / Entrance Foyer / Living Dining Room / Storage / Walk In Closets
Laundry
Common Area / Washer Dryer Install Allowed
Main Level Bedrooms
2
Main Level Baths
2
Total Rooms
3

Exterior Features

Construction
Block
Roof
Other
Exterior Features
Balcony / Barbecue / Outdoor Living Area
Pool Features
Association / Heated
Patio & Porch
Covered / Screened / Balcony
Waterfront
Yes
Waterfront Features
Ocean Access / Ocean Front
View
Beach / City / Ocean / Water

Community & HOA

HOA Fee
$650 / Monthly
HOA Includes
Common Areas / Maintenance Grounds / Pools / Recreation Facilities / Sewer / Security / Trash / Water
Association Amenities
Beach Rights / Beach Access / Clubhouse / Laundry / Pool / Elevators
Security
Building Security / Lobby Secured / Phone Entry
Utilities
Cable Connected / Electricity Connected / Sewer Connected
Pets Allowed
No
Financing Terms
Cash / Conventional
Restrictions
No Lease1st Year Owned / Rental Restriction
MLS Area
3140

Browse Lauderdale-by-the-Sea homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Lauderdale-by-the-Sea includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Lauderdale-by-the-Sea listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
174
Median List Price
$679,900
Median $/Sq Ft
$499
Avg Days on Market
151
View all 174 homes for sale in Lauderdale-by-the-Sea →
How do I schedule a tour of 4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308?
Use the Tour button on this listing to request a showing of 4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308 still available?
4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308 is currently listed as Sold, and has been on the market 7 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308?
With 20% down ($80,000) on the $399,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308 is about $2,102/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308 have an HOA fee?
Yes: 4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308 carries an HOA fee of about $650 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
Can I negotiate the price of 4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308?
Often, yes. The right offer on 4540 N Ocean Drive 506, Lauderdale-By-The-Sea, FL 33308 depends on how it's priced against comparable condo sales in Lauderdale By The Sea, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of RE/MAX Preferred

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.

$400,000

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Listed by Rachael A Barach, RE/MAX Preferred

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