166 Royal Palm Drive, Fort Lauderdale FL 33301, photo 1
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$5,500,000

Single Family ResidenceActive
⏱️ Listed 144 days ago (~5 months)⬇️ Price reduced $499,000 (8%) on May 6, 2026
5Beds
6Baths
5,752Sq Ft
1996Built

166 Royal Palm Drive, Fort Lauderdale FL 33301

MLS #F10545720

About This Property

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

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Marie I. Sanjurjo
Licensed Broker
Blue Mar Real Estate Group
📞 (305) 680-5672💬 WhatsApp Marie✉️ [email protected]

Property Details

Property Type

Single Family Residence

Year Built

1996

Living Area

5,752 sq ft

Lot Size

12,000 sq ft

Bedrooms

5

Bathrooms

6

Garage

3 Spaces

Pool

Yes

Waterfront

Yes

Cooling

Central Air

Heating

Central

Roof Type

Barrel, Barrel Roof

Flooring

Other, Tile

Construction

CBS Construction

Style

Two Story

HOA Fee

None

Annual Taxes

$77,509 (2025)

Days on Market

134

MLS #

F10545720

Features & Amenities

Interior

First Floor EntryEntrance FoyerOtherPantryFamily RoomUtility Room/Laundry

Appliances

DishwasherDisposalDryerMicrowaveRefrigerator

Exterior

BarbequeBuilt-In GrillOpen Balcony

Community

Paved Road

Other

Canal FrontCanal2 Or More SpacesCircular DrivewayParking GaragePaver Block

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Location

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City

Fort Lauderdale

State

FL

ZIP Code

33301

County

Broward County

$5,500,000
166 Royal Palm Drive, Fort Lauderdale FL 33301
5Beds
6Baths
5,752Sq Ft
📞 (305) 680-5672💬 WhatsApp
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166 Royal Palm Drive, Fort Lauderdale FL 33301$5,500,000

Listing provided by Timothy J Singer at Coldwell Banker Realty. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #F10545720.