by RH Advisors

See Home Value
$5,495,000
House - Off Market

127 Fiesta Way

Fort Lauderdale, FL 33301
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3500 Sqft
$33,807
Estimated Monthly
$0
HOA / Fees
-0.07%
Cap Rate

About This Property

Waterfront 2022 Custom built to the latest regulations home offering elegance and modern luxury living. Nestled on one of the highly desired Las Olas Isles for its high elevation, no flooding, deep canal, and wide street with utilities underground lined with Majestic Royal Palms. Contemporary One-story design w/over 4,500sf of seamless indoor-outdoor living providing a perfect blend of chic indoor sophistication & outdoor serenity. Open floor plan, 12' ceilings, gourmet kitchen w/oversized exquisite island & top-of-the-line appliances. The lavish primary features walk-in closets & spa-like bathroom. Stunning water views from floor-to-ceiling glass doors. Covered patio w/summer kitchen. 85' dock easy ocean access-no fixed bridges. Ultra-secure location while steps away from dining & beaches
Unit Size
3,500Ft²
Days on Market
110 days
Land Size
-
Price per sqft
$1,570
Property Type
House
Property Taxes
$6,825
HOA Dues
-
Year Built
2021
Last updated: 12 days ago (Beaches MLS #F10413935)

Price History

Date / Event Date Event Price
Apr 2, 2024 Sold $5,495,000
Sold
Mar 9, 2024 In contract -
In contract
Jan 27, 2024 Price Decreased $5,495,000
↓ $500K (8.3%)
Price Decreased
Dec 28, 2023 Price Decreased $5,995,000
↓ $204K (3.3%)
Price Decreased
Dec 14, 2023 Listed by One Sotheby's Int'l Realty $6,199,000
Listed by One Sotheby's Int'l Realty
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Garage
  • Garage Type: Garage
  • Garage Square Area: 688
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,200
  • Lot Size Frontage Feet: 914
  • Total Building Area: 4,544
  • Gross Building Area: 4,544
  • Building Area: 3,484
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,484
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NURMI ISLES ISLAND NO 3
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NURMI ISLES ISLAND NO 3 24-42 B LOT 22

Ownership

  • Current Owner : DA FIESTA LLC
  • Previous Owner : FERRARA JOSEPH
  • Previous Owner 2: FERRARA KATHLEEN M
  • Owner Before Previous Owner: 127 FIESTA LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 042000

Zoning

  • Zoning: RS-4.4

Geography

  • District: 0312
  • Parcel: 50-42-01-11-0220
  • Lot: 22
  • Meridian: SEC 01 TWN 50S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.1257
  • Longitude: -80.1196

    Address

  • Full Address: 127 Fiesta Way
  • Address - House Number: 127
  • Address - Street Name: Fiesta
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C017
  • 4-Digit Zip Code: 1416
  • Zip Code: 33301

Valuation

    Tax

  • Total Area: 4,352
  • Tax Year: 2023
  • Tax Amount: $81,897
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.1256
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 86
  • Final Value: 4,639,383
  • High Value: 5,222,346
  • Low Value: 4,056,419

    Market Valuation

  • Market Total Value: $4,360,370
  • Market Land Value: $918,000
  • Market Improvement Value: $3,442,370

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $4,360,370
  • Assessed Land Value: $918,000
  • Assessed Improvements Value: $3,442,370

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 02, 2024
  • Current Sale Recording Date: Apr 03, 2024
  • Current Sale Transaction ID: 11923586577
  • Current Sale Price: $5,495,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 119490081
  • Previous Sale Recording Date: Apr 02, 2019
  • Previous Sale Contract Date: Mar 19, 2019
  • Previous Sale Amount: $1,350,800
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK
  • Previous Mortgage Transaction Date: Apr 02, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $999,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5 Baths
3,650 ft²
$1,131/ft²
$4,128,000 Oct 16, 2023
$4,128,000 Apr 9, 2024
$3,570/mo
House
4 Beds
5 Baths
4,692 ft²
$1,172/ft²
$5,500,000 Nov 23, 2023
$5,500,000 Apr 3, 2024
$1,794/mo
House
4 Beds
6 Baths
4,689 ft²
$896/ft²
$4,200,000 Nov 30, 2023
$4,200,000 Mar 8, 2024
$5,206/mo
Condo
4 Beds
5 Baths
3,214 ft²
$1,431/ft²
$4,600,000 Aug 7, 2023
$4,600,000 Oct 25, 2023
$9,023/mo
House
3 Beds
2 Baths
3,340 ft²
$1,317/ft²
$4,400,000 Dec 6, 2021
$4,400,000 Feb 20, 2024
$3,565/mo
Condo
3 Beds
4 Baths
3,429 ft²
$1,458/ft²
$5,000,000 Jan 10, 2024
$5,000,000 Mar 19, 2024
$10,148/mo
House
4 Beds
5 Baths
3,739 ft²
$1,404/ft²
$5,250,000 Sep 14, 2023
-
$4,431/mo
House
4 Beds
5 Baths
4,420 ft²
$1,243/ft²
$5,495,000 Jan 21, 2024
-
$2,942/mo
House
4 Beds
5 Baths
4,367 ft²
$1,076/ft²
$4,699,000 Jan 4, 2024
-
$1,403/mo
House
4 Beds
6 Baths
3,341 ft²
$1,345/ft²
$4,495,000 Feb 9, 2024
-
$3,738/mo
House
3 Beds
4 Baths
3,360 ft²
$1,487/ft²
$4,995,000 Mar 28, 2024
-
$3,957/mo
House
5 Beds
5 Baths
4,076 ft²
$1,386/ft²
$5,650,000 Apr 9, 2024
-
$2,497/mo

About East Fort Lauderdale


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Frequently Asked Questions

When was property at 127 Fiesta Way built and last sold?
The property at 127 Fiesta Way was built in 2021 and last sold on Apr 2, 2024 for $5,495,000.
How much is this home worth?
The estimated value of the home located at 127 Fiesta Way is $5,908,671.
What are some comparable homes to 127 Fiesta Way?
Homes that are comparable to 127 Fiesta Way include a house property at 1833 Southeast 7th Street, 116 Royal Palm Drive, 417 Coconut Isle Drive.

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