Las Olas River House Condos sold in the 1st Quarter of 2011

What’s Selling in Las Olas River House?

With contemporary design, fabulous Amenities, great Waterfront views (River, Intracoastal, Ocean, and City), beautiful Residences, and walking distance to Las Olas’ Shops and Restaurants, Las Olas River House continues to be one of downtown Ft. Lauderdale’s premier choices for luxury Condo living.

Units sold in the 1st Quarter of this Year, 2011

Within the first 3 months of this year, 7 Units have been purchased in Las Olas River House and information in the Table below details their purchase prices and other information.

Unit	Purchase Price	Purchase Date	Square Feet of Living Area	Bedrooms and Baths
3803	$1,120,000	March 1, 2011	3,337	3/3.5
2109	$565,000	January 1, 2011	2,426	2/2.5
2909	$535,000	January 28, 2011	2,426	2/2.5
1209	$500,000	March 16, 2011	2,426	2/2.5
1902	$470,000	January 18, 2011	1,522	2/2.5
1005	$440,000	March 17, 2011	2,129	2/2.5
2602	$425,000	January 19, 2011	1,522	2/2.5

Details about the Condo that was purchased for $1,120,000 (pictured below):

The Condo that was purchased for $1,120,000, Unit 3803, has 3,337 Square Feet of Living Area, 3 Bedrooms, 3.5 Baths, 2 Terraces, and is a Fifth Avenue Model on the 38th Floor. It has a monthly Maintenance Fee of $2,064. The Unit is of Contemporary design and features beautiful views of the New River, Ocean, Pool, and City Skyline. The Residence is gorgeous and I had the pleasure of viewing it recently when showing 3-Bedroom Las Olas Condos to Buyers who purchased another Unit downtown. Below are pictures of Unit 3803.

Condos for Sale in Las Olas River House

Of the 287 total Residences in the Building, 24 are currently listed for sale, so Inventory isn’t high. The price range of the 26 Units is $375,000 for a Unit on the 26th Floor – $3,390,000 for a 5-Bedroom Penthouse. Of the 24 active listings, 1 is listed as a Short Sale and 2 are listed as Bank Owned Foreclosures.

————

Pending Sales in Las Olas River House

Currently, 9 Condos in Las Olas River House are listed as being under pending contract for purchase (Buyers submitted Offers that were accepted for purchase of the Units and scheduled to Close on the purchases shortly).