Essex Tower 340 Sunset Dr Unit 502 Fort Lauderdale, FL 33301
Idlewyld Neighborhood
2
Beds
2
Baths
1,228
Sq Ft
$1,038/mo
HOA Fee
Highlights
- Doorman
- Fitness Center
- Billiard Room
- Harbordale Elementary School Rated A-
- Heated Pool
- 3-minute walk to Idlewyld Park/Merle Fogg Park
About This Home
As of October 2024Priced to sell quickly, this corner unit stands out as the only one available in the building. With assessments fully paid, the building has full reserves and has passed its 40-year certification. Additional windows flood the space with natural light, enhance privacy, and create a sense of openness that sets this unit apart. Enjoy picturesque views, newer appliances, and impact windows and doors. Located in downtown Fort Lauderdale, is just a short distance from the beach and Las Olas Boulevard. Essex Tower has undergone extensive updates inside and out, including renovated balconies with new railings. The building amenities: a beautiful community room, gym, library, heated pool, and BBQ area. Ad include covered parking, extra storage, a bike room, and an EV charger and is pet-friendly
Last Agent to Sell the Property
Compass Florida, LLC License #651212 Listed on: 09/02/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,401
Year Built
- Built in 1971
HOA Fees
- $1,038 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Assigned Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,228 Sq Ft Home
- Ceiling Fan
- Combination Dining and Living Room
- Vinyl Flooring
Kitchen
- Eat-In Kitchen
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Stacked Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Home Security
Outdoor Features
- Heated Pool
- Open Patio
Utilities
- Central Heating and Cooling System
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 504212BC0290
Community Details
Overview
- Association fees include management, amenities, cable TV, electricity, laundry, maintenance structure, parking, pool(s), reserve fund, sewer, trash, water
- 178 Units
- Essex Tower Subdivision
- Car Wash Area
- 18-Story Property
Amenities
- Doorman
- Billiard Room
- Laundry Facilities
- Elevator
Recreation
Pet Policy
- Pets Allowed
Security
- Impact Glass
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2024
Closed on
Oct 28, 2024
Sold by
Rapinat Patrick and Rapinat Doreen
Bought by
Zhou Xiang
Seller's Agent
Joy Fischer
Compass Florida, LLC
Buyer's Agent
Leady Luna
One Sotheby's International Re
List Price
$399,900
Sold Price
$378,000
Premium/Discount to List
-$21,900
-5.48%
Views
94
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,785
Avg. Annual Appreciation
2.17%
Original Mortgage
$228,000
Outstanding Balance
$225,947
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$158,838
Purchase Details
Listed on
Apr 4, 2022
Closed on
May 16, 2022
Sold by
Joseph Anthony J and Joseph Sandra L
Bought by
Rapinat Patrick and Rapinat Doreen
Seller's Agent
Steven Sarajian
BHHS EWM Realty
List Price
$437,200
Sold Price
$405,000
Premium/Discount to List
-$32,200
-7.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.78%
Purchase Details
Listed on
Jan 11, 2022
Closed on
Feb 7, 2022
Sold by
Anolick Russo Robin Sue
Bought by
Joseph Sandra L and Joseph Anthony J
Seller's Agent
Steven Sarajian
BHHS EWM Realty
List Price
$379,000
Sold Price
$379,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.86%
Purchase Details
Closed on
Aug 31, 2004
Sold by
Relo Direct Inc
Bought by
Russo Robin Sue Anolick
Purchase Details
Closed on
Aug 13, 2004
Sold by
Veillette Pierre
Bought by
Relo Direct Inc
Purchase Details
Closed on
Feb 15, 2001
Sold by
Fimiano Corrina
Bought by
Veillette Pierre
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 17, 2000
Sold by
Langsett Gregory S
Bought by
Fimiano Corrina
Purchase Details
Closed on
Feb 29, 2000
Sold by
Saponaro Charles R
Bought by
Langsett Gregory
Similar Homes in Fort Lauderdale, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $378,000 | None Listed On Document | |
| Warranty Deed | $405,000 | Nugent & Ground Llc | |
| Warranty Deed | $379,000 | Sickler Terra L | |
| Warranty Deed | $278,500 | Lawyers 1St Title Co | |
| Warranty Deed | $278,500 | -- | |
| Warranty Deed | $170,000 | -- | |
| Warranty Deed | $154,500 | -- | |
| Warranty Deed | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,000 | New Conventional | |
| Previous Owner | $143,500 | Unknown | |
| Previous Owner | $16,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2024 10/28/24 | Sold | $378,000 | -5.5% | $308 / Sq Ft |
| 09/02/2024 09/02/24 | For Sale | $399,900 | -1.3% | $326 / Sq Ft |
| 05/16/2022 05/16/22 | Sold | $405,000 | -7.4% | $330 / Sq Ft |
| 04/16/2022 04/16/22 | Pending | -- | -- | -- |
| 04/04/2022 04/04/22 | For Sale | $437,200 | +15.4% | $356 / Sq Ft |
| 02/07/2022 02/07/22 | Sold | $379,000 | 0.0% | $309 / Sq Ft |
| 01/11/2022 01/11/22 | For Sale | $379,000 | 0.0% | $309 / Sq Ft |
| 12/28/2020 12/28/20 | Rented | $1,700 | 0.0% | -- |
| 11/28/2020 11/28/20 | Under Contract | -- | -- | -- |
| 11/02/2020 11/02/20 | For Rent | $1,700 | +25.9% | -- |
| 11/15/2019 11/15/19 | For Rent | $1,350 | 0.0% | -- |
| 11/15/2019 11/15/19 | Rented | $1,350 | -22.9% | -- |
| 05/07/2018 05/07/18 | For Rent | $1,750 | 0.0% | -- |
| 05/07/2018 05/07/18 | Rented | $1,750 | -- | -- |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History Compared to Growth
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 | $6,327 | $392,830 | $39,280 | $353,550 |
| 2024 | $6,401 | $361,780 | $36,180 | $325,600 |
| 2023 | $6,401 | $360,820 | $36,080 | $324,740 |
| 2022 | $6,159 | $310,870 | $0 | $0 |
| 2021 | $5,597 | $282,610 | $28,260 | $254,350 |
| 2020 | $5,299 | $267,920 | $26,790 | $241,130 |
| 2019 | $5,421 | $274,940 | $27,490 | $247,450 |
| 2018 | $5,362 | $281,230 | $28,120 | $253,110 |
| 2017 | $2,387 | $156,500 | $0 | $0 |
| 2016 | $2,397 | $153,290 | $0 | $0 |
| 2015 | $2,412 | $152,230 | $0 | $0 |
| 2014 | $2,429 | $151,030 | $0 | $0 |
| 2013 | -- | $160,960 | $16,100 | $144,860 |
Source: Public Records
Agents Affiliated with this Home
-
Joy Fischer
J
Seller's Agent in 2024
Joy Fischer
Compass Florida, LLC
(954) 254-0646
1 in this area
80 Total Sales
-
Leady Luna
Buyer's Agent in 2024
Leady Luna
One Sotheby's International Re
(305) 494-9723
1 in this area
16 Total Sales
-
Steven Sarajian
Seller's Agent in 2022
Steven Sarajian
BHHS EWM Realty
(954) 646-2842
6 in this area
34 Total Sales
-
Patricia Huff
Seller's Agent in 2020
Patricia Huff
Intercoastal Realty Inc
(954) 683-1634
7 in this area
46 Total Sales
-
Stephen Yates
S
Seller Co-Listing Agent in 2020
Stephen Yates
Intercoastal Realty Inc
1 in this area
18 Total Sales
-
P
Buyer's Agent in 2020
Patricia Huff
Intercoastal Realty Inc
About Essex Tower
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10459283
APN: 50-42-12-BC-0290
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