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561 BAYSHORE Drive # 7, Fort Lauderdale FL 33304

Condo/Co-op For Sale
$475,000

BTC: 5.57511737

ETH: 179.24528302

New
Waterfront
1 bds
1 ba
730 sqft

Overview

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 view 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!

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Assigned / Guest / Limited # Of Vehicle / No Boats / No Rv/Boats
Year Built:
1957
Lot:
No Data
Heating:
Reverse Cycle Unit / Reverse Cycle / Window/Wall
Price/sqft:
$651
Cooling:
Ceiling Fan(s) / Reverse Cycle / Wall/Window Unit(s)
HOA:
$850

Valuation

Our model vs. what's actually selling nearby.
Estimate
$394,500
$291K – $611K
Confidence Low
List vs. estimate
$80K above estimate
List $475,000 · +20.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$650
+44.2% vs. city median $451
Based on
12 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,241
2025
HOA
$850/mo
Pool
Community
View
Garden, Intracoastal View
Waterfront
Waterfront
Parking
2 spaces
Furnished
Furnished,Furniture Only
Pets
Not allowed
All facts and features
  • Flooring

    • Carpet

    • Terrazzo

    • Tile

    Heating

    • Reverse Cycle Unit

    • Reverse Cycle

    • Window/Wall

    Cooling

    • Ceiling Fan(s)

    • Reverse Cycle

    • Wall/Window Unit(s)

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Dryer

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • No Interior Features

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 2 Or More Spaces

    • Assigned

    • Guest

    • Limited # Of Vehicle

    • No Boats

    • No Rv/Boats

    Property

    • Levels: 1

    • Pool Private: Yes

    • Exterior Features: East Of Us1 / Courtyard / Exterior Lights / Open Balcony / Outdoor Shower

    Other Property Information

    • Parcel Number: 504201cj0070

    • Zoning: IOA

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Natural Gas Connected

    • Sewer Connected

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $850

    • HOA Frequency: Monthly

    • Annual tax amount: $7,241

  • Source details

    • MLS ID: B26082615

    Other facts

    • Construction Materials: Concrete Block Construction / Stucco

    • Laundry Features: Washer Hookup

    • Lot Features: East Of US 1 / Fenced

    • Patio And Porch Features: Open Balcony

    • Pool Features: Community

    • Window Features: Partial Electric Power Shutters / Partial RollDown Shutters / Hurricane Shutters / Blinds / Jalousie / Verticals

    • Direction Faces: West

    • Other Structures: Livable

    • Architectural Style: Garden Apartment / Corner Unit / One Story

    • Waterfront: Yes

    • Living Area: 730

    • Water Source: Public

    • Subdivision Name: PANAMA CLUB CONDO,The Panama Club Cond

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX Experience