Buying a condo in Fort Lauderdale is exciting, with sun-kissed beaches, endless boating canals, vibrant nightlife, and world-class dining steps from your front door. But before you fall in love with ocean views or a sleek modern lobby, there’s a critical step every smart buyer should take: asking the right questions.
Why? A condo isn’t just four walls; it’s a lifestyle, a long-term investment, and a financial commitment. If you want to ensure your dream condo doesn’t become a regret, knowing which questions to ask can save you money, stress, and headaches later.
Top 10 Questions to Ask Before Buying a Condo in Fort Lauderdale
Here are the Top 10 Questions to Ask Before Buying a Condo in Fort Lauderdale, crafted by experts who know the market inside and out.
1. What Are the Monthly Condo Fees, and What Do They Cover?
Every condo has monthly maintenance or HOA (Homeowners Association) fees. In Fort Lauderdale, these can range widely depending on the building’s amenities. A waterfront luxury tower might include valet parking, security, a fitness center, and beach club access, but those perks aren’t free.
👉 Ask for a detailed breakdown of what’s included (utilities, insurance, cable, internet, pool maintenance, etc.) and what isn’t.
2. How Healthy Is the Condo Association’s Reserve Fund?
Do you consider the reserve fund a savings account for future repairs, roof replacements, elevator upgrades, painting, or seawall maintenance? A weak reserve could mean you’ll face special assessments (unexpected fees charged to owners).
👉 Always review the condo’s financials before you sign. With high humidity, storms, and oceanfront exposure, firm reserves are non-negotiable in Fort Lauderdale.
3. What’s the Policy on Rentals and Airbnb?
Some buyers plan to live in their condo full-time, while others want the flexibility to rent it seasonally or short-term. Not every building allows this.
👉 In Fort Lauderdale’s prime neighborhoods like Las Olas or the beachfront, rules vary widely. Make sure the condo’s rental policy fits your lifestyle and investment goals.
4. Are There Any Current or Upcoming Special Assessments?
If the building is undergoing major renovations, such as concrete restoration, hurricane-proof windows, or pool deck upgrades, you might be charged thousands in extra fees.
👉 Always ask if there are active assessments or any are being discussed in future HOA meetings.
5. What Insurance Coverage Does the Building Provide?
In South Florida, insurance is a hot topic. The condo association usually covers the building’s exterior and common areas. But what about your unit’s interior?
👉 Clarify whether you’ll need a separate HO-6 insurance policy and what it should include. This matters in Fort Lauderdale, where storms and flooding are a real consideration.
6. How Old Is the Building, and What Is Its 40-Year Recertification Status?
Broward County requires buildings 40 or older to undergo safety inspections and sometimes costly repairs.
👉 Ask if the building has completed recertification, is in the process, or will soon undergo it. This can significantly affect your costs.
7. What Amenities Are Included, and What’s Their Condition?
Fort Lauderdale condos often excel in the amenity department, with rooftop pools and wine lounges. But not all gyms, spas, or social rooms are created equal.
👉 Tour them personally. Look for signs of upkeep (fresh paint, clean equipment, attentive staff). Amenities should add value, not become liabilities.
8. What Are the Parking and Storage Options?
Waterfront living often means limited space. Some buildings offer deeded parking, valet only, or limited guest spaces.
👉 Confirm whether your unit has a guaranteed spot, how many guests can park, and whether additional storage units are available.
9. How Strong Is the Community and Management Team?
Condo living is more than the unit; it’s about the people. A well-run building with a responsive board and management team makes a huge difference.
👉 Talk to current residents if possible. Ask about communication, rule enforcement, and how disputes are handled.
10. What’s the Resale Value and Market Trend in This Building?
Even if you’re buying for personal use, think ahead. Fort Lauderdale’s condo market is dynamic. Ocean-view residences generally appreciate faster, while inland buildings may face stiffer competition.
👉 Ask your real estate agent for recent sales data, average days on market, and price per square foot compared to similar properties.
Final Thoughts
A condo in Fort Lauderdale can be your gateway to a dream lifestyle, with beaches, boating, luxury living, and world-class culture. But the smartest buyers don’t just look at the view; they dig into the details.
Asking these 10 questions ensures you’re not just buying a condo, but investing in peace of mind.
Looking for Luxury Living?
If you want the ultimate oceanfront lifestyle, explore Paramount Residences Fort Lauderdale. This exclusive beachfront tower offers world-class amenities, spacious floor plans, and breathtaking views, all steps from the sand.
👉 Whether you’re a first-time buyer or a seasoned investor, we represent the best of what Fort Lauderdale condo living offers.
Schedule your private tour or contact us today to discover why Paramount is more than a home, it’s a lifestyle.