Aquazul 1600 S OCEAN MPH02 vs. Casamar 900 N OCEAN MPH02

Craig Bujnowski | Engel & Völkers Fort Lauderdale
617-784-7504 | Instagram: @craigbuj

1600 S OCEAN MPH02 vs. 900 N OCEAN MPH02

BOTTOM LINE: Same Atlantic Ocean. Similar square footage. $1.65M lower all-in basis and ~$45,700 lower annual HOA + tax carry.

CREATE YOUR DREAM OCEANFRONT PENTHOUSE UNDER $3M — OR SPEND $4.5M+

1. TOTAL INVESTMENT

• 1600 S Ocean: $2,695,000 + $250,000 remodel = $2,945,000
• 900 N Ocean: $4,444,000 + $150,000 upgrades = $4,594,000
• Savings: $1,649,000

2. ALL-IN PRICE PER SF

• 1600 S Ocean: 2,572 SF = $1,145/SF
• 900 N Ocean: 2,760 SF = $1,664/SF
• 900 N Ocean is ~$519/SF higher

3. MONTHLY CARRYING COSTS — HOA + TAXES

• 1600 S Ocean: ~$6,850/month
• 900 N Ocean: ~$10,657/month
• Savings: ~$3,807/month

4. ANNUAL CARRYING COSTS — HOA + TAXES

• 1600 S Ocean: ~$82,194/year
• 900 N Ocean: ~$127,880/year
• Savings: ~$45,686/year

5. ONLY 188 SF DIFFERENCE

• 1600 S Ocean: 2,572 SF
• 900 N Ocean: 2,760 SF
• You’re paying $1.649M more all-in for only ~7% more interior space.

6. THE $250K REMODEL OPPORTUNITY

• Completely modernize 1600 S Ocean around your own taste
• New kitchen, bathrooms, flooring, lighting and custom millwork
• Create the look and feel of a much newer luxury penthouse

7. THE UNDER-$3M ADVANTAGE

• $2.945M all-in creates a 2,572-SF custom oceanfront penthouse
• Still below the psychologically important $3M threshold
• Leaves roughly $1.65M of capital versus buying and upgrading 900 N Ocean