NOT LISTED FOR SALE

Paramount Fort Lauderdale Beach 701 N Fort Lauderdale Beach Blvd Unit 1402 Fort Lauderdale, FL 33304

Central Beach Neighborhood

Estimated Value: $3,884,000 - $4,639,000

4 Beds
4.5 Baths
3,474 Sq Ft
$42,000/mo HOA Fee

Last Sold June 07, 2021

Last sale price $3,300,000 $950 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $70,095/month

6 Days on Market

Highlights

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

About This Home

As of June 2021

Paramount Fort Lauderdale Beach is the premier oceanfront building offering 5-star amenities, a 3rd-floor pool overlooking the ocean, full beachside/pool service (chairs, umbrellas, towels), and a signature oceanfront restaurant coming soon. Residence 1402 offers four beds/4.5 baths and spacious 900SF wrap-around balcony. You are welcomed with incredible views of the ocean and the Intracoastal Waterway. Features include Italian cabinetry, Subzero, Wolf, and Bosh appliances, marble baths w spa tub and rain showers, motorized window treatments, custom closets, custom lighting. AMENITIES Porte-cochere 24-hour valet, Club, and social room, State of the art Fitness center with locker room, massage and steam room, Poolside bar & Summer BBQ kitchen.

Last Agent to Sell the Property

Josh Dotoli

Compass Florida, LLC License #3271861 Listed on: 06/01/2021

Compass Florida, LLC

Last Buyer's Agent

Nicola Walash

Premier Listings License #3443169

Premier Listings

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48,425

Year Built

  • Built in 2017

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $42,000 per month

Parking

  • Over 1 Space Per Unit

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,474 Sq Ft Home
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Great Room
  • Family Room
  • Utility Room
  • Ceramic Tile Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Heated Pool
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504201GM0690

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 Residences 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

$48,425

Year Built

Built in 2017

Lot Details

0

HOA Fees

$42,000 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2017
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, High Ceilings, Kitchen Island, Main Living Area Entry Level, Multiple Master Suites, Other, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Elevator
  • Main Level Bedrooms: 4
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Tile
  • Living Area: 3474.0
  • Dining Room Type: Family Room, Great Room, Laundry, Utility Room
  • Stories: 18
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, 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
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 42000.0
  • 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 #: 504201GM0690

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 48425.0

Multi Family

  • Number Of Units In Community: 95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2022
Sold by
Jacob Kurien C and Kurien C Jacob And Prasanna Jacob Family
Bought by
Jacob Kurien C and Jacob Prasanna
Current Estimated Value
$4,201,193

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jun 7, 2021
Sold by
Haussmann William
Bought by
Kurien C Jacob And Prasanna Jacob Family Trus and Jacob
Seller's Agent
Josh Dotoli
Compass Florida, LLC
Buyer's Agent
Nicola Walash
Premier Listings
List Price
$3,300,000
Sold Price
$3,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%

Purchase Details

Listed on
Mar 11, 2016
Closed on
Aug 30, 2017
Sold by
Belmar Development Associates Llc
Bought by
Haussmann William
Seller's Agent
Peggy Olin
One World Properties
Buyer's Agent
Katrina Campins
The Campins Company
List Price
$3,600,000
Sold Price
$3,650,000
Premium/Discount to List
$50,000
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.73%
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
Jacob Kurien C -- None Listed On Document
Kurien C Jacob And Prasanna Jacob Family Trus $3,300,000 None Listed On Document
Haussmann William $3,650,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2021 06/07/21 Sold $3,300,000 0.0% $950 / Sq Ft
06/01/2021 06/01/21 For Sale $3,300,000 0.0% $950 / Sq Ft
07/01/2020 07/01/20 Rented $18,500 -17.8% --
06/01/2020 06/01/20 Under Contract -- -- --
05/04/2020 05/04/20 For Rent $22,500 0.0% --
10/18/2017 10/18/17 Sold $3,650,000 0.0% $1,051 / Sq Ft View Prior Sale
09/20/2016 09/20/16 Pending -- -- --
04/11/2016 04/11/16 Price Changed $3,650,000 +1.4% $1,051 / Sq Ft
03/11/2016 03/11/16 For Sale $3,600,000 -- $1,036 / 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 $73,271 $4,041,860 $404,190 $3,637,670
2024 $72,170 $3,969,660 $385,400 $3,468,640
2023 $72,170 $3,854,040 $385,400 $3,468,640
2022 $59,340 $3,181,780 $318,180 $2,863,600
2021 $51,325 $2,746,270 $274,630 $2,471,640
2020 $50,009 $2,689,510 $268,950 $2,420,560
2019 $48,425 $2,588,910 $258,890 $2,330,020
2018 $59,894 $3,285,000 $328,500 $2,956,500
2017 $3,096 $167,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Dotoli

    Seller's Agent in 2021

    Josh Dotoli

    Compass Florida, LLC

    (954) 290-4793

    59 in this area

    318 Total Sales

    Josh Dotoli
    Section Image

  • N

    Buyer's Agent in 2021

    Nicola Walash

    Premier Listings

    (954) 483-8860

    2 in this area

    20 Total Sales

    Nicola Walash
    Section Image

  • T

    Seller's Agent in 2020

    Thomas Echea

    Compass Florida, LLC

    67 Total Sales

    Thomas Echea
    Section Image
  • David Diaz

    Seller Co-Listing Agent in 2020

    David Diaz

    Compass Florida, LLC

    (561) 715-1695

    1 in this area

    35 Total Sales

    David Diaz
    Section Image
  • Peggy Olin

    Seller's Agent in 2017

    Peggy Olin

    One World Properties

    (786) 972-6222

    4 in this area

    51 Total Sales

    Peggy Olin
    Section Image
  • Katrina Campins

    Buyer's Agent in 2017

    Katrina Campins

    The Campins Company

    (786) 493-5652

    1 in this area

    22 Total Sales

    Katrina Campins
    Section Image
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About Paramount Fort Lauderdale Beach

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10287984

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-01-GM-0690

Florida Broward County Fort Lauderdale 33304 Central Beach

701 N Fort Lauderdale Beach Blvd Unit 1402, Fort Lauderdale, FL

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