Building Spotlight - Parliament House

Today I will detail The Parliament House which is located at 405 N. Ocean Blvd, Pompano Beach, FL. Parliament House was built in 1971 and is located on the on A1A just North of Atlantic Blvd. The building has 432 units on 19 floors. There is security guard at the front door 24 hours a day. The common areas feature a large lobby, an outdoor pool with a tiki hut, and a fitness room. There are three elevators, so there is usually just a short wait. The building has had some important updates recently. Each unit has impact resistant glass windows and doors. The exterior is has been painted with a new color scheme. Most of the units come with covered parking and some even have deeded garage space under the building.

It is located on the West side of Rt A1A but still has unobstructed views of the ocean and beach for units facing in that direction. For units that face west towards the intracoatal waterway views are generally limited unless you are above the 8th floor.

In the past year there have been 17 sales in the building with prices ranging from $85,000 to$250,000. Currently there are just 4 units available with asking prices starting at $218,000. Thats compared to 14 units for sale about this time last year. The association has strong financials and none of active listings are distressed properties. The association has the usual restrictions of other buildings in the area. Pets are not allowed and renting is not allowed until after the first year of ownership. There is in-house management located in the lobby and they are available during normal business hours.