166 Royal Palm DR, Fort Lauderdale, FL 33301
166 Royal Palm DR, Fort Lauderdale, FL 33301,Video Tour
166 Royal Palm DR, Fort Lauderdale, FL 33301
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$5,500,000
Est. payment /mo
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5 Beds
7 Baths
5,752 SqFt
Pending

166 Royal Palm DR Fort Lauderdale, FL 33301

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HEIDY OLEA

HEIDY OLEA

+1(239) 318-4689

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 5,752 sqft

Price per Sqft $956

Subdivision Nurmi Isles Island No 1

MLS Listing ID F10545720

Style Two Story

Bedrooms 5

Full Baths 5

Half Baths 2

HOA Y/N No

Year Built 1996

Annual Tax Amount $77,509

Tax Year 2025

Contingent Pending Inspections

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Single Family Residence

Property Description

Preferred east-facing waterfront estate on one of Las Olas Isles' most prestigious streets. Set on a prized 12,000-square-foot lot with 100 feet of deep-water dockage, this timeless residence offers tranquil wide-water views, elegant coastal architecture, and refined living just moments from the beach and Las Olas Boulevard. Spanning nearly 5,800 square feet, the home features expansive entertaining spaces, a first-floor primary suite with private loggia, multiple courtyards and terraces, pool, gazebo bar, fireplace, and three-car garage. A rare opportunity combining premier location, exceptional waterfront, and enduring long-term value. Beaches, fine dining and shopping are minutes away. Royal Palm Drive is favored for its higher elevation, wider, deeper lots and underground utilities. Here is an opportunity supported by both the intrinsic qualities of the property and recent market activity within the Las Olas Isles. This property offers a highly desirable 12,000-square-foot lot with 100 feet of waterfront on a premium street characterized by consistent lot widths and larger surrounding homes an important factor that reinforces long-term value. In this market, waterfront land alone typically commands approximately $35,000 to $50,000 per linear foot, placing significant underlying value on the site itself. Additionally, the residence encompasses 5,752 square feet of interior living space, aligning well with expectations for a property of this scale, where homes generally trade in the range of $1,200 to $1,500 per square foot. The benefit is a combination of a well-proportioned home, strong land value, and a superior location. Premium east-facing waterfront exposure 100 feet of deep-water dockage Large 12,000 SF lot Prestigious street within Las Olas Isles High-quality scale at nearly 5,800 SF Timeless architecture instead of speculative modern construction Proximity to beach and Las Olas

Location

State FL

County Broward

Community Nurmi Isles Island No 1

Area 3280

Direction US 1 to Las Olas Boulevard, EAST to Royal Palm Drive turn LEFT -or- A1A to Las Olas WEST to Royal Palm Drive turn RIGHT.

Interior

Interior Features Bedroom on Main Level, Bathtub, Entrance Foyer, Family/Dining Room, First Floor Entry, Main Level Primary, Shower Only, Pantry

Heating Central

Cooling Central Air

Flooring Other, Tile

Appliance Dryer, Dishwasher, Disposal, Microwave, Refrigerator

Exterior

Exterior Feature Balcony, Barbecue, Outdoor Grill, Patio

Parking Features Attached

Garage Spaces 3.0

Pool Pool

Amenities Available Boat Dock, Pool

Waterfront Description Canal Front,Intersecting Canal

View Y/N Yes

View Canal

Roof Type Barrel

Street Surface Paved

Porch Balcony, Open, Patio

Total Parking Spaces 3

Garage Yes

Private Pool Yes

Building

Lot Description <1 Acre, 1/4 to 1/2 Acre Lot

Faces West

Story 2

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

Structure Type Block

Schools

Elementary Schools Harbordale

Middle Schools Sunrise

High Schools Fort Lauderdale

Others

Senior Community No

Restrictions No Restrictions

Tax ID 504201090360

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=CF2Pvu5orSG

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Coldwell Banker Realty

NEARBY SCHOOL & BUSINESS

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HEIDY OLEA

HEIDY OLEA

Broker / Owner | License ID: BK3428799

+1(239) 318-4689

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Cape Coral, Florida, 33909

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166 Royal Palm DR