Back 506/4540 North Ocean Drive
Off Market

506/4540 North Ocean Drive

Lauderdale-by-the-Sea FL 33308

2
2
1
1284 sq. ft.
Condo
Last sold for $400,000
Rachael BarachRachael Barach, last sold this property on 20 April 2026 after 37 days on market.

Overview

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.

Features

2 bedrooms
2 bathrooms
1 carspace
1284 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Lauderdale-by-the-Sea over the last 12 months, the estimated median property value of 506/4540 North Ocean Drive is $460.42k.

Median value
$460.42k
Estimated value range
$6.8k - $1.76m
Median days on market
92
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lauderdale-by-the-Sea. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 506/4540 North Ocean Drive

2026
Sold
$400,000
20 Apr 2026 by Rachael Barach, of RE/MAX Preferred
2021
Rented
Undisclosed
05 Jan 2021 by RE/MAX Preferred

Happy sellers in Lauderdale-by-the-Sea

88%
88% of sellers in Lauderdale-by-the-Sea reported that their sale price either exceeded or met their price expectations.

Lauderdale-by-the-Sea stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Lauderdale-by-the-Sea over the last 12 months.

Local market activity for 2 bedroom condos in Lauderdale-by-the-Sea

In the last 12 months, 358 two-bedroom condos similar to 506/4540 North Ocean Drive, have been sold.

This represents a 7% decrease in two-bedroom condos sales when compared to the previous 12 months.

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