by RH Advisors

Check Availability
$5,900,000
↓ $400K (6.3%)
House - For Sale

166 Royal Palm Dr

Fort Lauderdale, FL 33301
bedrooms
5 Beds
bathrooms
7 Baths, 2 Half Baths
square feet
5752 Sqft
$34,039
Estimated Monthly
0.35%
Cap Rate

About This Property

Experience serene water vistas in this 5,700 sqft masterpiece on Prestigious Nurmi Isles. With 100' of deepwater dockage, this residence blends sophistication with coastal allure. Tastefully updated in 2017, including Kitchen, floors, and plumbing fixtures. The first-floor Principal bedroom showcases a private loggia overlooking the pool, fountains, and a broad waterway-an outdoor sanctuary. Luxurious interiors boast expansive living spaces, a wood-burning fireplace, 5 beds 5+2 baths, and beautiful settings, including numerous courtyards and private terraces. Features include 3-car garage, outdoor gazebo with bar and loads of storage! Minutes from the Beach, Las Olas shopping, restaurants, galleries, and downtown Fort Lauderdale. Revel in the best of waterfront living and city amenities!
Unit Size
5,752Ft²
Days on Market
189 days
Land Size
0.28 acres
Price per sqft
$1,026
Property Type
House
Property Taxes
$5,069
HOA Dues
-
Year Built
1995

Listed By

Daniel Hertzberg
Coldwell Banker Realty
Last updated: 3 months ago (Miami MLS #A11488384)

Price History

Date / Event Date Event Price
Mar 9, 2024 Price Decreased $5,900,000
↓ $400K (6.4%)
Price Decreased
Nov 15, 2023 Listed by Coldwell Banker Realty $6,300,000
Listed by Coldwell Banker Realty
Mar 1, 2016 Sold to Royal Palm Llc Atacama $2,641,000
Sold to Royal Palm Llc Atacama
Jun 19, 1998 Sold to Elizabeth L Crudele, John M... $1,550,000
Sold to Elizabeth L Crudele, John M...

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Circular Driveway, Paver Block
Garage Spaces: 3
Covered Parking Spaces: 3
Interior Details

Bathroom Information

Half Bathrooms: 2
Full Bathrooms: 5
Master Bathroom Features: Separate Tub & Shower

Bedroom Information

Bedrooms: 5
Bedroom Features: Primary Bedroom Ground Level

Interior Information

Interior Features: First Floor Entry, Entrance Foyer, Other, Pantry, Family Room, Utility Room/Laundry
Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator
Flooring Type: Other, Tile
Laundry Features: Utility Room/Laundry

Room Information

Dining Room Features: Family/Dining Combination
Living Room Features: Family Room, Utility Room/Laundry

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • 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: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 693
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Frontage Feet: 1,075
  • Total Building Area: 6,817
  • Gross Building Area: 6,817
  • Building Area: 5,752
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 5,752
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NURMI ISLES ISLAND NO 1
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NURMI ISLES ISLAND NO 1 21-29 B LOT 36

Ownership

  • Current Owner : ATACAMA ROYAL PALM LLC
  • Owner Before Previous Owner: GRUPO VALMI OF FLORIDA INC
  • Ownership Rights Codes: Company/Corporation
  • 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: 50-42-01-09-0360
  • Lot: 36
  • Meridian: SEC 01 TWN 50S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.1264
  • Longitude: -80.1166

    Address

  • Full Address: 166 Royal Palm Dr
  • Address - House Number: 166
  • Address - Street Name: Royal Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C017
  • 4-Digit Zip Code: 1411
  • Zip Code: 33301

Valuation

    Tax

  • Total Area: 5,954
  • Tax Year: 2023
  • Tax Amount: $63,357
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.3747
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 25
  • Final Value: 3,197,882
  • High Value: 4,396,293
  • Low Value: 1,999,470

    Market Valuation

  • Market Total Value: $3,333,910
  • Market Land Value: $1,080,000
  • Market Improvement Value: $2,253,910

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $3,333,910
  • Assessed Land Value: $1,080,000
  • Assessed Improvements Value: $2,253,910

    Sales

  • Current Sale Contract Date: Mar 01, 2016
  • Current Sale Recording Date: Mar 01, 2016
  • Current Sale Transaction ID: 11547714036
  • Current Sale Price: $2,641,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 19, 1998
  • Previous Sale Amount: $1,550,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: Jun 19, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
6 Baths
4,661 ft²
$1,414/ft²
$6,590,000 Sep 9, 2022
$6,590,000 Sep 14, 2023
$6,808/mo
House
5 Beds
7 Baths
5,720 ft²
$1,206/ft²
$6,900,000 May 20, 2023
$6,900,000 Oct 27, 2023
$3,566/mo
Condo
4 Beds
5 Baths
3,500 ft²
$1,393/ft²
$4,875,000 Apr 17, 2022
$4,875,000 Oct 25, 2023
$10,231/mo
House
3 Beds
4 Baths
2,960 ft²
$1,723/ft²
$5,100,000 Nov 10, 2022
$5,100,000 Nov 1, 2023
$933/mo
House
5 Beds
5 Baths
4,043 ft²
$1,422/ft²
$5,750,000 Jun 20, 2023
-
$3,910/mo
House
5 Beds
7 Baths
4,428 ft²
$1,580/ft²
$6,995,000 Nov 13, 2023
-
$5,253/mo
House
6 Beds
6 Baths
5,740 ft²
$1,306/ft²
$7,495,000 May 2, 2023
-
$6,631/mo
House
6 Beds
6 Baths
4,632 ft²
$1,500/ft²
$6,950,000 Oct 19, 2023
-
$4,010/mo
House
5 Beds
7 Baths
7,450 ft²
$738/ft²
$5,500,000 Mar 14, 2022
-
$4,518/mo
House
6 Beds
7 Baths
4,511 ft²
$1,496/ft²
$6,750,000 Jul 11, 2023
-
$1,247/mo
House
4 Beds
4 Baths
3,428 ft²
$1,603/ft²
$5,495,000 Jul 27, 2023
-
$3,254/mo
House
7 Beds
8 Baths
6,184 ft²
$968/ft²
$5,985,000 Sep 1, 2023
-
$4,063/mo

About East Fort Lauderdale


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Frequently Asked Questions

When was property at 166 Royal Palm Drive built and last sold?
The property at 166 Royal Palm Drive was built in 1995 and last sold on Mar 1, 2016 for $2,641,000.
How much is this home worth?
The estimated value of the home located at 166 Royal Palm Drive is $5,959,000.
What are some comparable homes to 166 Royal Palm Drive?
Homes that are comparable to 166 Royal Palm Drive include a house property at 450 Victoria Terrace, 2301 Castilla Isle, 528 Coconut Isle Drive.

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