NOT LISTED FOR SALE

Estimated Value: $3,537,807 - $4,001,000

4 Beds
4.5 Baths
3,745 Sq Ft
$3,128/mo HOA Fee

Last Sold May 07, 2014

Last sale price $1,950,000 $521 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $27,598/month

276 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Heated Pool
  • Bayview Elementary School Rated A
  • Fitness Center
  • 1-minute walk to Willingham Park

About This Home

As of May 2014

One of the finest luxury oceanfront penthouses available! Amazing direct ocean, intracoastal & city views, floor/ceiling impact windows 3 balconies. Private elevator & foyer, media,42 ft. direct ocean facing living room & wet bar w/ limestone floors. Lu xurious master suite/spa with private balcony. Full oceanfront beach, 5* resort amenities: spa, gym, pool, tennis ,squash. 2 garage spaces, 24hr valet & gated security.

Last Agent to Sell the Property

Lina Benzan

Florida Realty Mgmt. Inc. License #705389 Listed on: 07/04/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,282

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $3,128 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Garage Door Opener

Property Views

Interior Spaces

  • 3,745 Sq Ft Home
  • Furnished
  • Built-In Features
  • Bar
  • Blinds
  • French Doors
  • Entrance Foyer
  • Sitting Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494330CD0820

Community Details

Overview

  • Association fees include management, maintenance structure, parking, pool(s), reserve fund, sewer, security, trash, water
  • 192 Units
  • The Palms Subdivision
  • 31-Story Property

Amenities

  • Valet Parking
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Library
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,282

Year Built

Built in 1999

Lot Details

0

HOA Fees

$3,128 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: BETWEEN OAKLAND PARK BLVD, AND SUNRISE BLVD DIRECTLY ON THE SAND.
  • Year Built: 1999
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Living/Dining Room, Main Living Area Entry Level, Sitting Area in Master, Bar, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Carpet, Marble
  • Living Area: 3745.0
  • Dining Room Type: Master Bedroom, Sitting Room
  • Stories: 31
  • Window Features: Blinds, Drapes, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors, Tennis Court(s)
  • View: Ocean, Pool
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Beach Access, Deeded Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Valet, Garage Door Opener

Utilities

  • Security: Elevator Secured, Other, Security Guard, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 3128.0
  • Senior Community: No
  • Amenities: Billiard Room, Business Center, Clubhouse, Community Kitchen, Fitness Center, Library, Other, Pool, Tennis Court(s), Elevator(s)
  • Association #2 Fee: 3128.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: Association Management, Maintenance Structure, Parking, Pool(s), Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 494330CD0820

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 30282.0

Multi Family

  • Number Of Units In Community: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2023
Sold by
Vertucci Alan
Bought by
Vertucci Alan and Vertucci Danguole
Current Estimated Value
$3,871,702

Purchase Details

Listed on
Jul 4, 2013
Closed on
May 6, 2014
Sold by
Carroll Richard
Bought by
Vertucci Alan
Seller's Agent
Lina Benzan
Florida Realty Mgmt. Inc.
List Price
$2,390,000
Sold Price
$1,950,000
Premium/Discount to List
-$440,000
-18.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$1,225,000
Interest Rate
4.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 15, 2003
Sold by
Griffin David B
Bought by
Carroll Richard

Purchase Details

Closed on
Jul 7, 1999
Sold by
Available Not
Bought by
Available Not
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
Vertucci Alan $3,000 --
Vertucci Alan $1,915,000 Attorney
Carroll Richard $1,850,000 Sunshine Title Services Inc
Available Not $1,090,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vertucci Alan $1,000,000
Previous Owner Vertucci Alan $250,000
Previous Owner Vertucci Alan $1,225,000
Previous Owner Vertucci Alan $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2014 05/07/14 Sold $1,950,000 +24275.0% $521 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
12/30/2013 12/30/13 Rented $8,000 -99.7% --
11/30/2013 11/30/13 Under Contract -- -- --
07/04/2013 07/04/13 For Sale $2,390,000 0.0% $638 / Sq Ft
06/27/2013 06/27/13 For Rent $8,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $46,106 $2,504,240 $250,420 $2,253,820
2024 $46,141 $2,504,240 $250,420 $2,253,820
2023 $46,141 $2,304,720 $0 $0
2022 $40,114 $2,095,200 $0 $0
2021 $35,724 $1,904,730 $190,470 $1,714,260
2020 $37,812 $2,028,020 $202,800 $1,825,220
2019 $39,566 $2,112,200 $211,220 $1,900,980
2018 $36,281 $1,984,330 $198,430 $1,785,900
2017 $37,739 $2,028,810 $0 $0
2016 $39,152 $1,958,010 $0 $0
2015 $35,131 $1,780,010 $0 $0
2014 $33,654 $1,635,280 $0 $0
2013 -- $1,486,620 $148,660 $1,337,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1245318

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-30-CD-0820