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: $400,000 - $407,252

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 $3,845/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 Listed By

Carolina Lara-arashiro

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

One Sotheby's Int'l Realty

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
  • 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
$403,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,313
Avg. Annual Appreciation
0.59%
Original Mortgage
$128,000
Outstanding Balance
$127,778
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$273,094

Purchase Details

Closed on
Dec 27, 2007
Sold by
Montecito New River Llc
Bought by
New River Properties Inc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Carolina Lara-arashiro

    Seller's Agent in 2024

    Carolina Lara-arashiro

    One Sotheby's Int'l Realty

    (305) 922-0903

    1 in this area

    69 Total Sales

    Carolina Lara-arashiro
    Section Image
  • Andre Duek Roberto de Lima

    Seller Co-Listing Agent in 2024

    Andre Duek Roberto de Lima

    One Sotheby's Int'l Realty

    (305) 343-2318

    1 in this area

    59 Total Sales

    Andre Duek Roberto de Lima
    Section Image

  • 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

    (954) 224-3577

    1 in this area

    48 Total Sales

    Chad Whitaker
    Section Image
See All Agents

About Las Olas by the River

Map

Similar Homes in Fort Lauderdale, FL

  • 100 N Federal Hwy Unit 526, Fort Lauderdale, FL 33301

    $485,000

    • 2 Beds
    • 2 Baths
    • 1,245 Sq Ft
    • 100 N Federal Hwy
    • Unit 526
    • Fort Lauderdale, FL

    Welcome to The Waverly at Las Olas. This 2-bedroom, 2-bath condo features an expansive east-facing patio, exclusive to the 5th floor, imagine a tranquil outdoor living room with unobstructed views of Victoria Park. Enjoy peaceful mornings and evenings, away from the noise of US1 and Broward Blvd on the West side of building. Additional features include:• Split-bedroom layout for added

    Leon Damjanovic Compass Florida, LLC

    Section Image
  • 315 NE 3rd Ave Unit 2009, Fort Lauderdale, FL 33301

    $410,000

    • 1 Bed
    • 1.5 Baths
    • 826 Sq Ft
    • 315 NE 3rd Ave
    • Unit 2009
    • Fort Lauderdale, FL

    INVESTORS! Amazing 1 Bed 1 Bath condo @ Strada 315 in the heart of Fort Lauderdale. --- Amenities include from a fitness center and theater to a billiards/game room, heated pool/spa—not to mention 24/7 security. Strada 315 which overlooks the New River and Riverwalk area, is just a stone’s throw from the city’s best fine-dining, retail and nightlife options. --

    Maria Bembhy Avanti Way Realty LLC

    Section Image
  • 1501 E Broward Blvd Unit 807, Fort Lauderdale, FL 33301

    $340,000

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft
    • 1501 E Broward Blvd
    • Unit 807
    • Fort Lauderdale, FL

    This beautifully updated 2-bedroom, 1-bathroom condo sits in the sought-after Victoria Park neighborhood—just four blocks from Downtown Fort Lauderdale and a mile to the beach. Enjoy the convenience of an in-unit recently installed washer and dryer, and an open floor plan. The unit is freshly painted with neutral tile and laminate flooring throughout. The kitchen features stainless steel

    Mariem Garcia Galleria International Realty

    Section Image
  • 900 River Reach Dr Unit 505, Fort Lauderdale, FL 33315

    $335,000

    • 2 Beds
    • 2 Baths
    • 1,025 Sq Ft
    • 900 River Reach Dr
    • Unit 505
    • Fort Lauderdale, FL

    Live on the private island community of River Reach in the Tarpon River area of Fort Lauderdale. This spacious 2/2 home features big living space, kitchen with stainless steel appliances, spacious bedrooms with walk-in closet in the primary bedroom, washer and dryer IN UNIT and balcony! Amenities include: gym, 3 pools, 2 tennis courts, pickleball, community center, car wash area, bike storage and

    Joy Carter Keller Williams Realty Consultants

    Section Image
  • 1201 River Reach Dr Unit 403, Fort Lauderdale, FL 33315

    $479,000

    • 2 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 1201 River Reach Dr
    • Unit 403
    • Fort Lauderdale, FL

    Step into this beautifully renovated split 2-bedroom, 2-bath corner unit, the largest available. The floor-to-ceiling hurricane-impact windows flood the space with natural light and showcase stunning, unobstructed views of the New River waterway from its spacious balcony and views of downtown Ft Lauderdale from its bedroom windows. Inside, you'll find a fully updated kitchen, bar, modern bathroom

    Kathleen Beasley EXP Realty LLC

    Section Image
  • 1777 SE 15th St Unit 214, Fort Lauderdale, FL 33316

    $350,000

    • 2 Beds
    • 1.5 Baths
    • 840 Sq Ft
    • 1777 SE 15th St
    • Unit 214
    • Fort Lauderdale, FL

    GATED CROMWELL EAST, SECOND FLOOR UNIT WITH BEAUTIFUL WATER VIEWS. THIS 2 BEDROOM APT, HAS NEW UPGRADED ELECTRIC, TILE THROUGHOUT, LARGE WALK IN CLOSET IN MASTER BEDROOM, DOCK SPACE AVAILABLE TO RENT. BIKE AND KAYAK STORAGE, LAUNDRY AND STORAGE IN ON THE SECOND FLOOR. NO FIXED BRIDGES COMMUNITY POOL, CLUBROOM VERY CLOSE TO STORES AND RESTAURANTS.

    Sandra Tagliamonte One Sotheby's Int'l Realty

    Section Image
  • 3000 Holiday Dr Unit 306, Fort Lauderdale, FL 33316

    $459,999

    • 2 Beds
    • 1.5 Baths
    • 1,214 Sq Ft
    • 3000 Holiday Dr
    • Unit 306
    • Fort Lauderdale, FL

    Welcome to Maya Marca in vibrant Fort Lauderdale Beach! This modern 2-bedroom, 1.5-bath condo offers tropical views from an open balcony perfect for enjoying stunning sunsets and ocean breezes. Relax by the heated pool overlooking a serene canal, where you can kayak and paddleboard. Maya Marca offers resort-style amenities including a renovated clubhouse, a modern gym, 24-hour doorman, & onsite

    Jose Luis Marrero Coldwell Banker Realty

    Section Image
  • 1170 N Federal Hwy Unit 1001, Fort Lauderdale, FL 33304

    $499,500

    • 2 Beds
    • 2 Baths
    • 1,920 Sq Ft
    • 1170 N Federal Hwy
    • Unit 1001
    • Fort Lauderdale, FL

    Most sought after and rarely available 2 br-2 ba wit washer/dryer NE corner unit in the North bldg on Middle River looking at Birch Park and Ocean from a short distance. Walk to Galleria Mall, tons of trendy restaurants, night entertainment, and to the beach. Boasting 1920 total sq ft including all hurricane impact windows and sliding doors. 1 covered garage parking. Beautiful heated pool and

    John Bourassa LoKation

    Section Image
  • 917 NE 16th Ave Unit 7, Fort Lauderdale, FL 33304

    $330,000

    • 2 Beds
    • 2 Baths
    • 960 Sq Ft
    • 917 NE 16th Ave
    • Unit 7
    • Fort Lauderdale, FL

    Perfect for an investor - Unit is rented until October 2025! Located in Ft Lauderdale's sought-after Victoria Park neighborhood, this 2nd floor condo has a split floor plan with a generous sized livingroom which offers an abundance of natural light from the planation shutter windows. New waterproof laminate flooring throughout! The Kitchen features a sit-at bar, plenty of cabinets, and a formal

    Nichole Lathrop The Keyes Company

    Section Image
See All Homes in Fort Lauderdale

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

Homes for Sale in 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 $403,313, approximately $355 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.