December 2021

Whether renting or buying a luxury condo in Fort Lauderdale is not easy. On the surface, renting seems like it would be cheaper and easier than buying. However, many benefits come with owning your place that makes the decision much more complex. This article will discuss why you should consider investing in buying a luxury condo in Fort Lauderdale rather than paying high rents!

In many places around the globe, it isn’t easy to decide between renting or buying a luxury condo. First-time homebuyers might be concerned about the complexity of the upfront and down payments involved in purchasing a property. However, condos are more affordable than renting long-term due to rising rental costs in different regions.

The following are some reasons why you should buy a luxury condo in Fort Lauderdale More:

Freedom and Privacy:

You are subject to your landlord’s rules when you rent. But when you own a condo, you can decorate it however you like, invite guests over whenever you want, and make use of the amenities without having to worry about what your landlord thinks.

Location:

Condos are often located in prime areas – near the beach, downtown, or other desirable neighborhoods. This means that you’ll have easy access to all of the best things that a city has to offer, including shopping, entertainment, dining, etc.

Build Equity:

Your monthly mortgage payments go toward paying off your property over time. Paying down the principal balance of the load is commonly referred to as ” building equity”. As a result, it will increase the value of your condo over time so you can sell or refinance to get cash out if necessary.

You’ll Have a Home for Life:

Once you buy a luxury condo in Fort Lauderdale, there’s no reason why you have to move again. You can live in it, rent it out, or use it as a vacation home.

Tax Breaks:

The government offers tax breaks to people who own their homes. This includes deductions on mortgage interest payments, property taxes, and more. Consult with your accountant or CPA to learn more about the tax benefits of owning and working from home.

It’s an Investment: When you buy a luxury condo, you’re investing in the future. The fact that you won’t have to move again means that it’s easy for you or your family members to do repairs on the property without worrying about whether they’ll lose money when trying to sell.

The Building Will Likely Be Well-Maintained:

Luxury condo buildings are often well-maintained by the HOA (Homeowner’s Association). This means that you won’t have to worry about painting, repairs, or landscaping.

You’ll Have Amenities at Your Fingertips:

Many luxury condos come with fantastic amenities, such as state-of-the-art fitness centers, rooftop pools, swanky outdoor lounge areas decks, and more. This means that you won’t have to leave the building to enjoy all of the best activities that a city has to offer.

You’ll Enjoy a Sense of Community:

When you live in luxury condos, it’s easy for people living there to get together and socialize as neighbors should. This means that you can make friends, create your own community network, and have fun with the other residents.

If you have thoughts of buying or renting a luxury condo in Fort Lauderdale, consult with our expert team of realtors. Contact DOTOLI Group today by emailing Info@DotoliGroup.com or calling 954.290.4793. We look forward to helping you find the perfect place to call home!

Paramount Residences For Lauderdale oceanfront condos come with with 5-star amenities. It is located in the heart of Fort Lauderdale Beach and has everything you need to enjoy paradise! Paramount’s location makes it easy for residents to explore all Fort Lauderdale offers, including the beach, world-class restaurants, and shopping on Las Olas Boulevard. The amenities at Paramount Residences are top-notch and include a resort-style pool, private cabanas, a state-of-the-art fitness center, a yoga room, and more. The building itself is designed with sleek modern lines and features floor-to-ceiling windows with stunning ocean views.

Paramount Fort Lauderdale, a chic, luxury boutique condo on the beachfront, is an 18-story tower residence with 6 townhomes, 4 penthouses, and 95 total condos. The Paramount Fort Lauderdale offers one, two, or three-bedroom floor plans with wraparound balconies to enjoy panoramic views of the Atlantic Ocean as well as downtown Fort Lauderdale.

Paramount Fort Lauderdale Offers

PARAMOUNT Fort Lauderdale offers sophistication at a premium level. Each residence comes with an entire arsenal of innovative home features that will make your life easier and give you complete control over your home. These features include Subzero temperature-controlled wine storage, UV reduction Glass, Nest thermostats, high-end Subzero, and Wolf & Bosch appliances. The amenities at Paramount Residences are top-notch and include a resort-style pool, private cabanas, a state-of-the-art fitness center, a yoga room, and more. The building itself is designed with sleek modern lines and features floor-to-ceiling windows with stunning ocean views. Residents can enjoy an oceanfront pool and a spa, as well as relaxation therapy rooms and coffee & business lounge rooms. Other residence features include the following:

Residence Features

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 residence in the state-of-the-art automated garage by Park Plus
An owner may lease their home once per year.
Leases must be a minimum of 12 months.
Residents must own for 2 years before being eligible to rent their unit.

Paramount Fort Lauderdale oceanfront condos offers many amenities that are designed to provide luxury and comfort. A new oceanfront restaurant will open soon. This includes access to the private clubroom with a dining area and preparing kitchen. There will also be 24-hour valet parking and a fully automated garage entrance system. Poolside beverage service and beachside rental of chairs and umbrellas are available for guests who want to have more fun. State-of-the-art fitness center facilities are also available, including his and her locker rooms with steam showers. There is also a spa area for massages and other relaxation treatments.

The Paramount Residences is perfect for those who want to live a luxurious lifestyle by the beach. With its top-notch amenities and prime location, residents will have everything they need right at their fingertips. If you are looking for fort Lauderdale oceanfront condos, look no further than Paramount Residences!

For more information on this building or to schedule a tour, please visit our website or call us today!