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Real Estate

Luxury Fort Lauderdale Condo: What To Look For

Many secondary homeowners have sought out Luxury Fort Lauderdale Condos as their home away from home. There are many benefits to living in a condo. Security, Convenience, low maintenance are the most prominent factors due to the turnkey nature of condo living. However, it is essential to be aware that there are also different considerations when you’re thinking about buying a condo for the first time. This blog post will discuss considerations when looking at a luxury Fort Lauderdale condo and how they differ from single-family homes in Fort Lauderdale.

 

Homeowners Association ( HOA) – If you think of buying a condo, it’s imperative to understand the role of the Homeowners Association. Homeowners design HOA’s organizations to help protect the condo’s integrity and the homeowners’ rights who live within that vertical community. The HOA serves as the backbone of the infrastructure of all day-to-day operations within the building. Before buying a luxury Fort Lauderdale condo, it’s best practice to investigate and research the HOA’s legal history concerning taxes, reserve funds, pending lawsuits, etc. Every condo owner must know their association’s situation to plan accordingly for future financial obligations or possible renovations! 

Luxury Fort Lauderdale Condo: What To Look For

Investigate the financial integrity of the HOA. Knowing if the building has the financial means to afford necessary upgrades or renovations is a crucial component of a buyer’s decision-making process. The rule of thumb is that a financially healthy HOA deposits 10% a year from their operating account into a reserve account. This information will also serve a purpose when it’s time to get a loan. Banks want to ensure the building is in a good financial position before they loan their money out to potential buyers. 

 

Another element to be considered in your decision-making process is to evaluate your neighborhood! Just because it’s a vertical community doesn’t mean you won’t be interacting with your neighbors. When searching for your perfect Luxury Condo, it’s important to understand what type of people live in the building and their lifestyle. For example, if children live on all floors except yours, you can expect a few sleepless nights. If the building is primarily an older demographic, you can expect things to be quiet for the most part and don’t plan to throw any late-night parties. Another great tip is to visit the building at different times during the week. Morning, late afternoon, early evenings, and weekends are the best way to get a feel for the atmosphere in the building. 

 

Understand the monthly maintenance fees. Monthly maintenance fees are paid in addition to your mortgage and taxes obligations. These fees are often higher in Luxury Condo communities compared to single-family home communities. The maintenance of shared amenities, such as gyms, pools, 24/7 valet, security detail, are calculated into the monthly fee.  These fees can vary considerably from building to building. The price will depend on many factors, such as the age of the building, amenities provided by your community, location, and square footage of the condo unit. These monthly maintenance fees, which are paid to the Homeowner’s association,  are designed to cover expenses related to areas that need shared maintenance like hallways, elevators, concrete roofs etc. HOA Rules & Regulations. It’s vital to evaluate the rules and regulations of the Homeowners associations before buying in the building. These rules and regulations can be provided by the realtor or the association for a small fee.

Luxury Fort Lauderdale Condo: What To Look For

Financing a luxury condo in Fort Lauderdale is quite different from financing a single-family home purchase. Regarding financing, lenders have strict guidelines that vary depending on the lender and their requirements for who they will fund your purchase, but there are some general rules! Your lender will require the building to fill out a condo questionnaire. This provides the necessary feedback the bank needs to determine the loan product that’s available to “You” the buyer. The lender looks for a financially sound building along with the allowable owner/renter concentration and other measures that will help qualify the type of loan to be used for your purchase. 

 

Luxury Fort Lauderdale Condos provide an excellent investment opportunity for those looking to buy a turnkey vacation destination in one of the hottest real estate markets in Florida. To avoid any unpleasant surprises, make sure you are working with an experienced realtor. DOTOLI Group has helped hundreds of Luxury Condo Owners in Fort Lauderdale successfully find their dream home. For more information on which Fort Lauderdale Luxury Condo buildings have the best financing options call Josh at (954) 799-6403 or email us at Info@DotoliGroup.com

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Real Estate

Why Should I List My Condo With Dotoli Group?

If you are asking yourself Why Should I List My Condo With Dotoli Group? Dotoli Group utilizes industry-leading marketing strategies that enable us to promote your home to an audience that is willing, able, and capable of purchasing such an exclusive product. We understand that one-half of one percent of the real estate consumer audience can afford a property of such value. Therefore, we have mastered the art of marketing directly to that particular audience and the individuals that influence. Those individuals’ decision-making processes (CPAs, accountants, attorneys, fund managers, etc.).

Analytical data shows that The Dotoli Group consistently generates between 8-10k unique visitors per month. Approximately 90% of that audience is composed of the Top 10% of income earners nationwide.

DotoliGroup.com’s audience consists primarily of a 45-65-year-old male demographic, the average age range of individuals who purchase multi-million dollar homes.

Why Should I List My Condo With Dotoli Group? Below is an outline of strategies that Dotoli Group utilizes to generate traffic specifically for buyers of million-dollar homes:

High Net Worth Audience Targeting

Is the foundation for all of our luxury marketing initiatives. Through third-party data aggregates. We advertise your home to individuals across the country who are in the top 1% of income earners. Refined data targeting allows us to reach people online that show signs of particular behavioral interest. For example, we can target those looking for movers. People actively browsing real-estate-related content, or yachting and boating content. Even people who recently searched for multi-million dollar listings in South Florida.

Custom Content Creation

 We understand what consumers at this level are searching for online. There is no secret that everyone’s online behavior is trackable. Therefore we write custom blog content and submit that through a vast publishing network that targets affluent individuals who have similar behaviors to other luxury waterfront property owners.

Google Adwords Targeted Ads

 Where the searcher is actively looking for a keyword related to your home. For example, “luxury waterfront homes on the Intracoastal in Fort Lauderdale.” We dominate this space by ensuring your listing is advertised at the top of the search engine.

Email Advertising

This is NOT email marketing. People spend, on average, 6.3 hours per day checking email—that’s more time than spent on Facebook or watching TV. Dotoli Group partners with Liveintent, a unique unduplicated source for premium native and display advertising inventory. LiveIntent is the only supply vendor to advertise within email newsletters from premium publishers like The Wall Street Journal. Target, Women’s Health, and more. The process consists of generating a custom-designed banner advertisement “Just Listed” with a photo of your home placed on the top fold of weekly email newsletters from companies like Cnet, Biz Journals, WSJ, Better Home & Garden, and hundreds more alike. We even take it one step further by only advertising on newsletters delivered to individuals with behavioral propensities. The financial integrity that fit the target audience criteria.

Location-Based Targeting

 We refer to this as Geo framing. Geo framing collects mobile and local device IDs from users who have entered a predefined location at a specific time and allows you to target those users later on after they’ve left. For example. DotoliGroup would create a strategy that will enable us to market your listing to any individual who has visited any real estate office located in Broward or Dade county within the past two months. And yes, we can separate that audience from clientele. Aka potential buyers and the actual realtors who work in those offices. We can also advertise your listing to every homeowner that lives in a waterfront home on the entire Intracoastal waterway. Exposure to the right audiences is the key to our marketing success. 

It’s time to think outside the box. Suppose you want your home marketing efforts to be successful. In that case, you must work with a professional who understands how buyers find homes these days. They have tailored their marketing strategy accordingly. Dotoli Group utilizes innovative marketing strategies to showcase your property to willing, able, and ready affluent buyers. With years of experience in market research and data-driven marketing strategy development paired with over 100 million dollars. In closed transactions in the past 12 months–you won’t find anyone better than DOTOLI Group. Contact us today at (954) 799-6403 for more information about our innovative strategies and comprehensive services, or visit paramountresidences.net.

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Real Estate

Paramount Fort Lauderdale 5 Star Amenities

Paramount Fort Lauderdale Beach is a new oceanfront luxury condo development with 5-star amenities. It is located in the heart of Fort Lauderdale Beach and has everything you need to enjoy paradise. The Paramount’s location makes it easy for house to explore all Fort Lauderdale offers, including the beach, world class restaurants, and shopping on Las Olas Boulevard. Paramount Fort Lauderdale is a sleek, luxurious 18 story boutique beachfront condo that consists of 85 Tower Residences,6 Townhomes, 4 Penthouses, and 95 Total condos. The building features one-, two and three-bedroom residences with floor plans designed for today’s living needs. Residents will be able to take advantage of an oceanfront pool, fitness center, spa and relaxation rooms, coffee and business lounge, and more! See why so many people are choosing this as their utopian oasis!

Home Features

Experience a level of sophistication that is second-to-none here at PARAMOUNT Fort Lauderdale. All residences come with a full arsenal of innovative home features to make your life easier and allow you to take control of your home environment truly. We bring this convenience right into your apartment with our innovative smart tech features. These include Subzero temperature-controlled wine storage, UV reduction Glass, Nest thermostats, high-end Subzero, and Wolf & Bosch appliances. 

Enjoy our state of the art Oceanview saltwater pool with separate lap lanes or work out in our state of the art fitness centers. Indulge in his and her spa facilities with private massage rooms and steam showers, or spend your mornings at the in house coffee bar and Business Lounge. 

Other residence features include:

  • Ocean, Intracoastal, and City Views
  • 10-foot ceilings
  • Spacious outdoor living areas
  • Semi-Private elevator access with private
  • elevator lobby
  • Gourmet chef’s kitchens with Italkraft Cabinetry,
  • quartz countertops, and marble backsplash
  • Top-of-the-line appliances from Subzero,
  • Wolf & Bosch
  • Subzero temperature controlled wine storage
  • Luxurious marble baths with spa tubs and rain
  • showers
  • Standard technology includes integrated Sonos
  • speakers & Nest Thermostats
  • One storage unit 4′ x 4′ x 10′
  • Two parking spaces per accommodation in the state of art  garage by Park Plus
  • An owner may lease their accommodation once per year.
  • Leases must be a minimum of 12 months.
  • Residents must own for 2 years before being able to rent their unit. 

Amenities Designed

At Paramount Fort Lauderdale, you can expect various amenities designed with luxury and comfort in mind. There will be an ocean front restaurant (coming soon), 24-hour valet parking, fully automatic garage entry system that includes access to the private club room complete with a dining area and prep kitchen. For guests looking for more fun on the property, a poolside food/beverage service is available, along with beachside chair rental services.You’ll also find state-of-the-art fitness center facilities, including his & her locker rooms equipped with steam showers as well as spa treatment areas for massages or other relaxation therapies.

PARAMOUNT 5-star amenities give you an experience that you will love.

To schedule a tour, call Josh Dotoli or email Info@dotoligroup.com for more information.