166 Royal Palm Drive, Fort Lauderdale, FL 33301

$5,350,000
5
BD
7
BA
5,752
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$5,350,000
List Price
$5,500,000
Days on Market
148
Closing Date
Jul 01, 2026
MLS#
F10545720
Year Built
1996
Bedrooms
5
Bathrooms
7
Baths Half
2
Living Area
5,752
Acres
0.28
Building Name
Las Olas Iales
MLS Area Major
3280

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

Additional Information

Taxes
$77,509
Zoning
RS-4.4
Interior Features
Bathtub, Entrance Foyer, Family/Dining Room, Main Level Primary, Other, Pantry, Soaking Tub, Separate Shower
Appliances
Dryer, Dishwasher, Disposal, Microwave, Refrigerator
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Roof
Barrel
Garage Spaces
3
Elementary School
Harbordale
Middle School
Sunrise
High School
Fort Lauderdale

Listing courtesy of Coldwell Banker Realty. Contact:

Selling Office: Premiere Plus Realty Company.

How much is your Home/Condo/Townhome worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks