NOT LISTED FOR SALE

Las Olas by the River 520 SE 5th Ave Unit 1706 Fort Lauderdale, FL 33301

Downtown Fort Lauderdale Neighborhood

Estimated Value: $379,991 - $414,000

2 Beds
2 Baths
1,136 Sq Ft
$1,014/mo HOA Fee

Last Sold December 12, 2024

Last sale price $400,000 $352 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,832/month

125 Days on Market

Highlights

  • Fitness Center
  • Skyline View
  • Vaulted Ceiling
  • Penthouse
  • Clubhouse
  • 1-minute walk to Smoker Park

About This Home

As of December 2024

Las Olas by the River is located in the heart of Downtown Fort Lauderdale, close to restaurants, shops, bars, galleries and with a walking distance to the supermarket. This amazing Penthouse offers a beautiful view and features 2 bedrooms, 2 bathrooms, Walking Closet, Renovated bathrooms, high ceilings, plenty of natural light, with a split floor plan and washer and dryer at the unit.
Building Resort Style, with a full service concierge, fitness center, pool, spa, gated parking garage, water-taxi access nearby.

Last Agent to Sell the Property

Carolina Lara-arashiro

One Sotheby's Int'l Realty License #3239403 Listed on: 06/10/2024

One Sotheby's Int'l Realty

Co-Listed By

Andre Duek Roberto de Lima

One Sotheby's Int'l Realty License #3461515

Last Buyer's Agent

Donna Incorvaja

Related ISG Int'l Realty License #3157289

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,481

Year Built

  • Built in 2001

HOA Fees

  • $1,014 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Penthouse

Interior Spaces

  • 1,136 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Family or Dining Combination

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Schools

  • Croissant Park Elementary School
  • New River Middle School
  • Stranahan High School

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504210BA0840

Community Details

Overview

  • Mid-Rise Condominium
  • Las Olas By The River Condos
  • Las Olas By The River Con Subdivision
  • 7-Story Property

Amenities

  • Community Barbecue Grill
  • Billiard Room
  • Business Center
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Phone Entry
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,481

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,014 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Co List Office Mls Id: OSIR05
  • Co List Office Phone: 954-522-2831
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: LAS OLAS BY THE RIVER CON
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Vaulted Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1136
  • Possible Use: Unknown/Withheld
  • Stories: 7
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Skyline
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: LAS OLAS BY THE RIVER
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Covered

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Card Entry, Phone Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1014
  • Amenities: Barbecue, Bike Storage, Billiard Room, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Croissant Park
  • High School: Stranahan
  • Middle Or Junior School: New River

Lot Info

  • Parcel Number: 504210BA0840
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Dec 12, 2024
Sold by
New River Properties Inc
Bought by
Potvin Ronald and Potvin Tracey
Seller's Agent
Carolina Lara-arashiro
One Sotheby's Int'l Realty
Buyer's Agent
Donna Incorvaja
Related ISG Int'l Realty
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Total Days on Market
125
Views
31
Current Estimated Value
$405,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,196
Avg. Annual Appreciation
4.28%
Original Mortgage
$128,000
Outstanding Balance
$127,553
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$283,312

Purchase Details

Closed on
Dec 27, 2007
Sold by
Montecito New River Llc
Bought by
New River Properties Inc
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
Potvin Ronald $400,000 Title Guaranty Of South Florid
New River Properties Inc $242,600 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potvin Ronald $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $400,000 -10.1% $352 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
09/17/2024 09/17/24 Price Changed $445,000 -1.1% $392 / Sq Ft
06/24/2024 06/24/24 For Sale $450,000 0.0% $396 / Sq Ft
08/02/2013 08/02/13 Rented $1,850 +3.1% --
07/03/2013 07/03/13 Under Contract -- -- --
07/01/2013 07/01/13 For Rent $1,795 -- --
Source: MIAMI REALTORS® MLS

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 $6,965 $388,860 $38,890 $349,970
2024 $6,481 $368,690 -- --
2023 $6,481 $304,710 $0 $0
2022 $5,552 $277,010 $0 $0
2021 $5,041 $251,830 $25,180 $226,650
2020 $4,883 $244,630 $24,460 $220,170
2019 $4,651 $233,530 $23,350 $210,180
2018 $4,231 $218,970 $21,900 $197,070
2017 $4,616 $230,610 $0 $0
2016 $4,617 $223,720 $0 $0
2015 $4,404 $203,440 $0 $0
2014 $4,181 $184,950 $0 $0
2013 -- $168,140 $16,810 $151,330
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Carolina Lara-arashiro

    One Sotheby's Int'l Realty

  • A

    Seller Co-Listing Agent in 2024

    Andre Duek Roberto de Lima

    One Sotheby's Int'l Realty

  • D

    Buyer's Agent in 2024

    Donna Incorvaja

    Related ISG Int'l Realty

  • M

    Seller's Agent in 2013

    Mark Pearlstein

    Inactive member

  • C

    Buyer's Agent in 2013

    Chad Whitaker

    Whitaker Realty, PA

  • C

    Buyer's Agent in 2013

    Chad Whitaker

    Whitaker Realty, PA

See All Agents

About Las Olas by the River

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11601008

MIAMI REALTORS® MLS

APN: 50-42-10-BA-0840

Florida Broward County Fort Lauderdale 33301 Downtown Fort Lauderdale

520 SE 5th Ave Unit 1706, Fort Lauderdale, FL

This home is located at 520 SE 5th Ave Unit 1706, Fort Lauderdale, FL 33301 since 10 June 2024 and is currently estimated at $399,748, approximately $351 per square foot. This property was built in 2001. 520 SE 5th Ave Unit 1706 is a home located in Broward County with nearby schools including Croissant Park Elementary School, New River Middle School, and Stranahan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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