Aquazul Market Update
Several Units were sold recently in Aquazul Oceanfront Condo and I included details below about the purchases. In Aquazul, the 01 and 04 Units are Corner Units and are the largest Units in the Building. Because of their size, preferred views, and Corner location, they command premium prices. Of the Northeast and Southeast Corners, many people consider the Southeast Corner to have the most preferred views.
Unit 1401 (details below) was purchased as a fantastic Bank Owned Foreclosure deal that was sold at a purchase price that’s approximately $200,000 below current Market value in comparison to the recent purchase prices of similar Units in the Building. It went under Contract after being on the Market for only 8 days and its’ purchase price of $1,160,000 was $130,000 ABOVE its’ list price of $1,029,000, which is typical in our local Foreclosure Market. In the Luxury and Waterfront Market, these types of deals are very scarce, so when fantastic opportunities such as these become available, savvy Buyers snap them up quickly.
Purchase Date |
Purchase Price |
Unit Number |
Additional details |
12/19/2011 | $1,300,000 | 1204 | 3 Bedrooms, 4.5 Baths, Den, Northeast Corner, 3,029 Square Feet of Living Area, sold Furnished |
12/8/2011 | $1,100,000 | 2003 | 3 Bedrooms, 4.5 Baths, 2,572 Square Feet of Living Area |
12/30/2011 | $899,000 | 1202 | 3 Bedrooms, 4.5 Baths, 2,572 Square Feet of Living Area |
1/17/2012 | $850,000 | LPH02 | 3 Bedrooms, 4.5 Baths, 2,572 Square Feet of Living Area |
11/4/2011 | $1,160,000 | 1401 | 3 Bedrooms, 4.5 Baths, Den, Southeast Corner, 3,029 Square Feet of Living Area |
Aquazul Condos for Sale and for Lease
Of 80 total Units in the Building, only 3 are currently listed for Sale:
- Unit 2101, a gorgeous Southeast Corner Unit with beautiful views of the Ocean, Intracoastal, Coastline, and City Skyline
- Unit 1803, a “wow factor” Unit with Contemporary design which has been highly upgraded with unique custom Finishes, unlike any other Unit that’s in the Building + it has beautiful views, of course
- Unit 1602, a beautiful Unit with Southeast Ocean views + Intracoastal and City Skyline.
I viewed Units 2101 and 1803 when working with interested Buyers, so I’m personally familiar with both Units and the quality that they offer.
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Only 4 Units are on each Floor at Aquazul and each Unit has private Elevator Foyer entry directly into the Residence. Floor-to-Ceiling Windows in the Residences maximize Light and Contemporary design. Spacious Balconies offer beautiful direct Oceanfront views and have plenty of space for Furniture.
Related information:
Aquazul is located at 1600 S. Ocean Blvd. in Lauderdale by the Sea, adjacent to Ft. Lauderdale.