NOT LISTED FOR SALE

1 N Fort Lauderdale Beach Blvd Unit 1502 Fort Lauderdale, FL 33304

Central Beach Neighborhood

Estimated Value: $3,364,340

3 Beds
3 Baths
2,204 Sq Ft
$5,230/mo HOA Fee

Last Sold August 31, 2015

Last sale price $1,900,000 $862 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $25,749/month

173 Days on Market

Highlights

  • Ocean Front
  • Newly Remodeled
  • Roman Tub
  • Harbordale Elementary School Rated A-
  • Heated Pool
  • Marble Flooring

About This Home

As of August 2015

Amazing views in this upscale condo.Full length balcony private with view of the intracoastal and the ocean!This decorator furnished turnkey unit is on top of the Ritz Carlton hotel.

Last Agent to Sell the Property

Lisa Levy

LoKation License #3240013 Listed on: 02/08/2015

LoKation

Last Buyer's Agent

Lisa Levy

LoKation License #3240013 Listed on: 02/08/2015

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,478

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Northeast Facing Home

HOA Fees

  • $5,230 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 2,204 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504212db0020

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, HVAC, hot water, insurance, ground maintenance, maintenance structure, parking, pest control, pool(s), water
  • The Ritz Carlton Subdivision
  • 24-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,478

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

HOA Fees

$5,230 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: On A1A or FT, Lauderdale Beach Blvd.Between Sunrise Blvd and Las Olas
  • Year Built: 2007
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, Kitchen Island, Living/Dining Room
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Living Area: 2204.0
  • Dining Room Type: Laundry
  • Stories: 24
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony
  • View: Intercoastal, Ocean
  • Pool Features: Heated, None, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Northeast
  • Patio And Porch Features: Balcony, Open
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Covered, Garage

Utilities

  • Security: Closed Circuit Camera(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 5230.0
  • Community Features: Fitness, Pool, Street Lights
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Electricity, HVAC, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Water

Lot Info

  • Parcel #: 504212db0020
  • Zoning Description: res

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 25478.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2024
Sold by
Mazzotta Bruno R and Mazzotta Vivienne L
Bought by
Bruno R Mazzotta Revocable Trust and Vivienne L Mazzotta Revocable Trust
Current Estimated Value
$3,364,340

Purchase Details

Listed on
Feb 8, 2015
Closed on
Jul 30, 2015
Sold by
Ritz 1502 Llc
Bought by
Mazzotta Bruno L and Mazzotta Vivienne L
Seller's Agent
Lisa Levy
LoKation
Buyer's Agent
Lisa Levy
LoKation
List Price
$1,999,999
Sold Price
$1,900,000
Premium/Discount to List
-$99,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$500,000
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 7, 2013
Sold by
Exclusive Resorts Sr1 Llc
Bought by
Ritz 1502 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
4.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2007
Sold by
Castillo Grand Llc
Bought by
Exclusive Resorts Sr1 Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bruno R Mazzotta Revocable Trust -- None Listed On Document
Mazzotta Bruno L $1,900,000 Attorney
Ritz 1502 Llc $1,240,000 Attorney
Exclusive Resorts Sr1 Llc $17,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mazzotta Bruno L $500,000
Previous Owner Ritz 1502 Llc $744,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $1,900,000 -5.0% $862 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
02/08/2015 02/08/15 For Sale $1,999,999 -- $907 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,487 $1,759,800 -- $1,759,800
2024 $37,081 $1,759,800 -- $1,759,800
2023 $37,081 $1,862,800 $0 $0
2022 $34,358 $1,693,460 $0 $0
2021 $30,495 $1,539,510 $0 $0
2020 $29,356 $1,708,480 $0 $1,708,480
2019 $25,204 $1,462,450 $0 $1,462,450
2018 $30,321 $1,581,800 $0 $1,581,800
2017 $33,044 $1,696,420 $0 $0
2016 $33,524 $1,671,340 $0 $0
2015 $27,690 $1,333,590 $0 $0
2014 $25,478 $1,212,360 $0 $0
2013 -- $1,382,710 $138,270 $1,244,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10109701

BeachesMLS

APN: 50-42-12-DB-0020