Are you searching for your next home in sunny Fort Lauderdale but stuck between choosing a condo or an apartment? For many homebuyers, especially first-time buyers or those relocating to Florida’s coast, understanding the differences between a condo and an apartment, especially regarding space, is key to making the right investment.
So let’s answer the big question: Is a condo larger than an apartment? And more importantly, which offers better long-term value, lifestyle, and convenience for buyers like you?
Condo vs. Apartment: What’s the Real Difference?
Before we compare size, it’s important to distinguish ownership and lifestyle.
- A condo (short for condominium) is a privately owned residential unit within a larger complex or high-rise. When you buy a condo, you own it like a traditional home.
- An apartment typically refers to a rental unit owned by a landlord or property management company. You lease it, not own it.
Now that we’re clear, let’s look at the size.
Are Condos Larger Than Apartments?
In many markets, especially in Fort Lauderdale, condos tend to be larger than apartments, especially when comparing units in luxury buildings or high-end developments like Paramount Residences.
| Feature | Condo | Apartment |
|---|---|---|
| Ownership | You own the unit and share ownership of common areas (HOA-managed) | You rent from a landlord or property management company |
| Monthly Costs | Mortgage + HOA fees | Monthly rent only |
| Size | Typically larger with more spacious layouts and private balconies | Generally smaller in square footage and fewer layout options |
| Customization | High – You can renovate, paint, upgrade appliances | Limited – Landlords often restrict changes |
| Amenities | Premium – Pools, gyms, lounges, private elevators (e.g., Paramount) | Basic – May include laundry or shared facilities |
| Investment Value | Builds equity over time | No equity – Rent payments do not contribute to ownership |
| Community Feel | More stable – Mostly owners, long-term neighbors | Often transient – High turnover of renters |
| Maintenance Responsibility | Shared via HOA (interior maintenance is owner’s job) | Landlord handles most repairs and maintenance |
| Initial Cost | Higher – Down payment, closing costs, HOA fees | Lower – Just security deposit and first month’s rent |
| Long-Term Value | Strong resale and appreciation potential | No ownership, so no long-term return |
Here’s Why Condos Often Win in the Size Category:
- Condos cater to homeowners, not short-term renters, so developers prioritize spacious layouts and open-concept designs.
- Many condo buildings include larger balconies, private storage, and expansive master suites.
- The average 2-bedroom condo in Fort Lauderdale is 1,200 to 1,600+ sq. ft., while a comparable apartment may only offer 900 to 1,100 sq. ft.
- Condo developments like Paramount Residences offer floor-to-ceiling windows, high ceilings, and innovative space utilization, giving you more room and more luxury.
But It’s Not Just About Square Footage
When homebuyers ask if a condo is larger than an apartment, they really want to know if it feels more like a home.
With a condo, you’re likely to enjoy:
- Private amenities like rooftop pools, fitness centers, and lounges
- Ownership flexibility – customize and renovate your space.
- Investment potential – build equity over time.
- Peace of mind – fewer transient neighbors and more long-term residents
Apartments, in contrast, often have limitations in design, upgrades, and personalization. They’re built for turnover, not long-term comfort.
Fort Lauderdale: The Ideal Place for Condo Living
In Fort Lauderdale, the condo lifestyle is in a league of its own. Ocean views, walkable neighborhoods, art districts, and world-class dining all just steps from your door. At Paramount Residences, this lifestyle has reached its peak.
Imagine waking up to the Atlantic, enjoying private beach access, and unwinding in a spa-level wellness center from the comfort of your condo.
Final Thoughts: Should You Choose a Condo Over an Apartment?
If you value:
- More living space
- Ownership and investment potential
- Luxury amenities and oceanfront access
Then, yes, a condo is the superior choice, especially in a lifestyle-rich city like Fort Lauderdale.
Ready to Own Your Slice of Paradise?
Don’t just rent space, own your lifestyle. At Paramount Residences Fort Lauderdale, you’ll find stunning beachfront condos with expansive layouts, five-star amenities, and a community built for sophisticated living.