Direct oceanfront updated unit in Lauderdale-by-the-Sea located in a boutique, well maintained, low-density condominium of approximately 50 units across seven stories with private beach access. Leasing permitted. Funded reserves. No special assessments. 40-year structural recertification completed resulting in no required repairs. Capital-efficient oceanfront alternative to higher-basis new construction nearby, has direct shoreline exposure and predictable carrying costs.