NOT LISTED FOR SALE

Paramount Fort Lauderdale Beach 701 N Fort Lauderdale Beach Blvd Unit 1401 Fort Lauderdale, FL 33304

Central Beach Neighborhood

Estimated Value: $3,947,000 - $4,609,000

4 Beds
4.5 Baths
3,214 Sq Ft
$4,545/mo HOA Fee

Last Sold October 25, 2023

Last sale price $4,600,000 $1,431 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $33,200/month

28 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Heated Pool
  • Harbordale Elementary School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of October 2023

Seldom available SE Corner, 4BR condo in premier Oceanfront tower. Residence 1401 boasts exceptional design, capturing the Ocean's essence and awe-inspiring panoramas. Your private entrance welcomes you to a home adorned with bespoke finishes and upgrades: custom built-ins, lighting, motorized shades, closets, bar, sound system and much more. If you are looking for a model home, you have found it! Floor-to-ceiling glass transitions to expansive wraparound covered terrace, offering superb outdoor living. Amenities encompass coffee/newspaper lounge, steam and massage rooms, his/hers saunas and showers, yoga studio, well-equipped gym with Peloton zone, BBQ spot, stunning oceanfront infinity pool with hot tub & beach service. Long-term rentals only; Ample reserves.

Last Agent to Sell the Property

Marjan Bekic

Compass Florida, LLC License #3542987 Listed on: 08/08/2023

Compass Florida, LLC

Co-Listed By

Chip Falkanger

Compass Florida, LLC License #669008

Last Buyer's Agent

Randall Bennett

LoKation License #3068828

LoKation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $53,730

Year Built

  • Built in 2017

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $4,545 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 14th floor

Interior Spaces

  • 3,214 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • Blinds
  • Great Room
  • Family Room
  • Utility Room

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Heated Pool
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504201GM0680

Community Details

Overview

  • Association fees include amenities, common areas, insurance, ground maintenance, maintenance structure, recreation facilities, reserve fund, roof, sewer, security, trash
  • 95 Units
  • Paramount Subdivision
  • 18-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Picnic Area
  • Billiard Room
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$53,730

Year Built

Built in 2017

Lot Details

0

HOA Fees

$4,545 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: On A1A just south of Sunrise Blvd and the Bonnet House.
  • Year Built: 2017
  • Entry Level: 14
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Bedroom on Main Level, First Floor Entry, Main Living Area Entry Level, Separate Shower, Bar, Elevator
  • Main Level Bedrooms: 4
  • Furnished: Negotiable
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Tile
  • Living Area: 3214.0
  • Dining Room Type: Family Room, Great Room, Laundry, Utility Room
  • Stories: 18
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors
  • View: Ocean
  • Pool Features: Heated
  • View: Yes
  • Waterfront Features: Ocean Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southeast
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Valet

Utilities

  • Security: Door Man, Secured Garage/Parking, Lobby Secured, 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: 4545.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Community Kitchen, Fitness Center, Barbecue, Other, Picnic Area, Pool, Spa/Hot Tub, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Amenities, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash

Lot Info

  • Parcel #: 504201GM0680

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 53730.0

Multi Family

  • Number Of Units In Community: 95

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Oct 25, 2023
Sold by
Clark David
Bought by
Jdkd 2023 Revocable Florida Community Propert and Durante
Seller's Agent
Marjan Bekic
Compass Florida, LLC
Buyer's Agent
Randall Bennett
LoKation
List Price
$5,250,000
Sold Price
$4,600,000
Premium/Discount to List
-$650,000
-12.38%
Views
51
Current Estimated Value
$4,244,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$355,441
Avg. Annual Appreciation
-3.92%

Purchase Details

Listed on
Sep 1, 2019
Closed on
Jun 29, 2020
Sold by
Mna At Paramount Llc
Bought by
Clark David
Seller's Agent
Giancarlo Cuffia
Compass Florida, LLC
List Price
$3,349,000
Sold Price
$2,875,000
Premium/Discount to List
-$474,000
-14.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%
Original Mortgage
$2,300,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2017
Sold by
Belmar Development Associates Llc
Bought by
Mna At Paramount Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jdkd 2023 Revocable Florida Community Propert $4,600,000 None Listed On Document
Clark David $2,875,000 Attorney
Mna At Paramount Llc $3,071,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark David $2,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2023 10/25/23 Sold $4,600,000 -7.5% $1,431 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/18/2023 08/18/23 Price Changed $4,975,000 -5.2% $1,548 / Sq Ft
08/08/2023 08/08/23 For Sale $5,250,000 +82.6% $1,633 / Sq Ft
07/01/2020 07/01/20 Sold $2,875,000 -14.2% $828 / Sq Ft View Prior Sale
06/01/2020 06/01/20 Pending -- -- --
09/01/2019 09/01/19 For Sale $3,349,000 -- $964 / Sq Ft
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 $77,253 $4,184,430 $418,440 $3,765,990
2024 $56,255 $4,184,430 $418,440 $3,765,990
2023 $56,255 $3,008,260 $0 $0
2022 $53,730 $2,920,650 $0 $0
2021 $52,216 $2,835,590 $0 $0
2020 $51,759 $2,784,320 $278,430 $2,505,890
2019 $48,576 $2,597,030 $259,700 $2,337,330
2018 $50,433 $2,763,900 $276,390 $2,487,510
2017 $3,105 $168,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Marjan Bekic

    Compass Florida, LLC

    (954) 477-7332

    1 in this area

    1 Total Sale

    Marjan Bekic
    Section Image
  • Chip Falkanger

    Seller Co-Listing Agent in 2023

    Chip Falkanger

    Compass Florida, LLC

    (561) 702-0691

    1 in this area

    66 Total Sales

    Chip Falkanger
    Section Image

  • R

    Buyer's Agent in 2023

    Randall Bennett

    LoKation

    (954) 545-5583

    1 in this area

    3 Total Sales

    Randall Bennett
    Section Image
  • Giancarlo Cuffia

    Seller's Agent in 2020

    Giancarlo Cuffia

    Compass Florida, LLC

    (954) 593-8352

    4 in this area

    54 Total Sales

    Giancarlo Cuffia
    Section Image
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About Paramount Fort Lauderdale Beach

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10394353

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-01-GM-0680

Florida Broward County Fort Lauderdale 33304 Central Beach

701 N Fort Lauderdale Beach Blvd Unit 1401, Fort Lauderdale, FL

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