Located in Ft. Lauderdale, FL, Venetian Condo is an Intracoastal front Building of 237 Units located at the Intersection of Las Olas Blvd. and A1A, on the Ocean side of the Intracoastal Bridge.
Last Friday, August 13, 2010, I sold Unit #1006 for a purchase price of $432,000 to Buyers from Dallas, TX who purchased the Residence as a vacation Home for themselves and their Children.
Unit #1006 has 2 Bedrooms, 2 Baths, an open Floorplan, ~1,500 square feet, and beautiful Ocean and Intracoastal views from the Balcony.
Venetian Condo’s location offers a perfect combination of walking distance to the Beach, downtown/Las Olas area, Shops, Restaurants, and the International Swimming Hall of Fame + is next door to Coconut’s Restaurant on the Intracoastal. If Diving is one of your interests (as it is for my Buyers who purchased the Condo), Pro Dive International is located within walking distance as well. Venetian Condo is also a great location for Boat Owners since Boat Slips (when available) can be Leased for an Annual rate of $3,000, which is significantly less than Marina rates for Dockage.
So far in 2010, there were 12 Condos sold in Venetian Las Olas. Their purchase price range was $265,000 for a 1st Floor Unit – $1,700,000 for a Penthouse with 4,500 square feet of Living Area. Venetian is a very stable Building and, of the 12 Units sold, 1 was a Bank owned Foreclosure and none were Short Sales. Of the 237 total Units in the Building, 8 are currently listed for sale and their price range is $279,000 – $1,099,000 (1 of the Listings is a Short Sale and none are Bank owned Foreclosures). 3 Units are currently listed as being under pending Contract for purchase.
Click here to view the full Building profile for Venetian Condo.
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