Thinking about buying a Fort Lauderdale Condo?
Read on to see why 3020 NE 32nd Ave #PH6, Fort Lauderdale, FL 33308 may be your next home.
There is no doubt that if you have been thinking about buying a condo in Fort Lauderdale currently you may experience a bit of sticker shock. Prices throughout the South Florida Condo market have risen almost 30% in the last year. There is no need to feel that today’s prices mean there are no longer great deals out there you just must work a bit harder at engaging an experienced realtor and making sure that you are an educated well-prepared buyer, so you are able to react quickly when the right property comes to market.
Fort Lauderdale Condos have Reputations
Fort Lauderdale Condos just like in any other location all have a reputation. Some good, some bad, some deserved and some just totally untrue. With a little smart digging you can find out a great deal about a building and how well managed it is and how it has been maintained over the years. If a building staff has been around for a long time, that’s usually a good sign. If very few condo units come to market it another good sign. In a market like this finding a property where a story has recently changed, or an assessment has just resulted in a major renovation can be like finding a diamond in the rough.
Tides at Bridgeside Square is just that Diamond
For numerous years a lawsuit plagued the Tides at Bridgeside Square making it impossible to get financing on condos. The lawsuit which was filed for a huge amount of money naturally made many buyers nervous. The Tides at Bridgeside Square is no longer involved in the lawsuit and it’s taking a bit of time, with very few people selling, for property values to catch up with the current market. The Tides was built in 2002 and won’t face a 40-year inspection for another 20 years. The building was built with fire sprinklers so it will face less insurance uncertainty than some other properties. When you come see the Tides at Bridgeside please ask me how the parking lot is a huge asset to the building. This all being said the Eric Miller Group at eXp Realty Fort Lauderdale in proud to be bringing PH6 to market on March 14, 2022 for $595,000. This total renovated two bedroom / two bath with 11-foot ceilings may just be the best deal in the Fort Lauderdale Condo market. Watch our a virtual tour and plan your visit today.
