$4,000,000
SOLD JAN 30, 2025
4 Beds
5.5 Baths
4,112 Sq Ft
$5,509/mo HOA Fee

Recently Sold

$973 Per Sq Ft

20% Below List Price

364 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Heated Pool
  • Bayview Elementary School Rated A
  • Fitness Center
  • 3-minute walk to Willingham Park

About This Home

As of January 2025

Discover your seaside sanctuary at The Palms, where luxury meets the ocean's embrace. This exquisite penthouse is a masterpiece of design, featuring a Boffi kitchen that is a testament to modern elegance with its stainless steel accents. Each space is crafted for sophistication, w/lavish finishes and grand living areas that open to a mesmerizing wraparound terrace, offering serene ocean vistas. Indulge in unparalleled amenities, including beach service, a cutting-edge fitness center, and diverse recreational facilities. Nestled in one of Ft Lauderdale's premier oceanfront communities, this haven is not just a home but a lifestyle, promising convenience near top-tier dining and major airports. A rare opportunity for those who seek the extraordinary. Welcome to a new level of coastal living.

Last Agent to Sell the Property

Nicola Higgins

Douglas Elliman License #3004587

Douglas Elliman

Last Buyer's Agent

Juan Acevedo

One Sotheby's International Realty License #3361052

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,267

Year Built

  • Built in 2001

Lot Details

  • Ocean Front
  • Fenced

HOA Fees

  • $5,509 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Property Views

Interior Spaces

  • 4,112 Sq Ft Home
  • Marble Flooring
  • Washer and Dryer

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

Outdoor Features

  • Heated Pool
  • Property has ocean access
  • Balcony
  • Open Patio
  • Wrap Around Porch

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 494330CF0850

Community Details

Overview

  • Association fees include management, amenities, common areas, hot water, insurance, ground maintenance, maintenance structure, pool(s), reserve fund, sewer, security, trash, water
  • 195 Units
  • The Palms Subdivision
  • Car Wash Area
  • 32-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Community Basketball Court
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$38,267

Year Built

Built in 2001

Lot Details

0

HOA Fees

$5,509 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A between Sunrise and Oakland Park Blvds - go to front gate
  • Year Built: 2001
  • Entry Level: 25
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Kitchen Island, Split Bedrooms, Walk-In Closet(s), Elevator
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 4
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer/Dryer, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble
  • Living Area: 4112.0
  • Stories: 32

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors, Porch
  • View: Intercoastal, Ocean
  • Fencing: Wall
  • Pool Features: Heated
  • Waterfront Features: Beach Access, Deeded Access, Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Wrap Around
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Garage, Two or More Spaces

Utilities

  • Security: Door Man, Elevator Secured, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 5509.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Beach Rights, Basketball Court, Billiard Room, Bike Storage, Clubhouse, Community Kitchen, Fitness Center, Pool, Spa/Hot Tub, Storage, Tennis Court(s), Trash, Vehicle Wash Area, Elevator(s)
  • Association #2 Fee: 5509.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Association Management, Amenities, Common Areas, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 494330CF0850

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 38267.0

Multi Family

  • Number Of Units In Community: 195

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $4,000,000 -5.9% $973 / Sq Ft
12/20/2024 12/20/24 Price Changed $4,250,000 -15.0% $1,034 / Sq Ft
01/31/2024 01/31/24 For Sale $4,999,999 -- $1,216 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $46,895 $2,536,970 -- --
2024 $43,933 $2,536,970 -- --
2023 $43,933 $2,096,680 $0 $0
2022 $38,267 $1,906,080 $0 $0
2021 $32,535 $1,732,800 $173,280 $1,559,520
2020 $40,358 $2,166,010 $216,600 $1,949,410
2019 $39,005 $2,082,060 $208,210 $1,873,850
2018 $37,280 $2,039,410 $203,940 $1,835,470
2017 $38,403 $2,017,840 $0 $0
2016 $36,381 $1,834,400 $0 $0
2015 $35,450 $1,667,640 $0 $0
2014 $32,979 $1,516,040 $0 $0
2013 -- $1,378,220 $137,820 $1,240,400
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,447,500 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $4,000,000 None Listed On Document
Warranty Deed $1,605,000 --
Deed $1,930,000 --
Source: Public Records

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10421518

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-30-CF-0850