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83 Royal Palm Drive

83 Royal Palm Drive, Fort Lauderdale, FL 33301
House in Nurmi Isles
Sold Sep 01, 2020
$2,400,000
$1,200,000 by First Republic Bank
Mortgage Due Sep 01, 2050
Sold Nov 26, 2014
$2,400,000
$1,400,000 by Hsbc Bank Usa
Mortgage Due Dec 01, 2044
83 Royal Palm Drive in Fort Lauderdale, FL was first built in 1988 and is 36 years old. Although, the building on the property was most recently renovated and altered in 1989. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 83 Royal Palm Drive has 5,853 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a unknown on the property. The home has a gable or hip style roof made of tile. For those who need parking, there is a garage. The garage is 580 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 83 Royal Palm Drive was last sold in Aug 24, 2020 for $2,400,000. According to our calculations, that's $325.56 per sqft. Prior to that sales transaction, the property was sold for $2,400,000 in Nov 20, 2014. Current property owners are expected to pay $51,221 in taxes per year. The property on 83 Royal Palm Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $2,688,960. To break that down further, the land itself was valued at $1,080,000. While improvements to the property were assessed at a total of $1,608,960. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1989
  • 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
  • Basement Area: 0
  • Parking Type: Garage
  • Garage Type: Garage
  • Garage Square Area: 580
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Frontage Feet: 1,075
  • Total Building Area: 7,372
  • Gross Building Area: 7,372
  • Building Area: 5,853
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 5,853
  • 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 11

Ownership

  • Current Owner : TD 83RPD LLC
  • Previous Owner : KHOURY PHILIPPE
  • Previous Owner 2: KHOURY VALERIE
  • Owner Before Previous Owner: GEHRIG JOHN F
  • Owner Before Previous Owner 2: GEHRIG BARBARA A
  • 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: 50-42-01-09-0110
  • Lot: 11
  • Meridian: SEC 01 TWN 50S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.1235
  • Longitude: -80.1171

    Address

  • Full Address: 83 Royal Palm Dr
  • Address - House Number: 83
  • Address - Street Name: Royal Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C017
  • 4-Digit Zip Code: 1408
  • Zip Code: 33301

Valuation

    Tax

  • Total Area: 6,289
  • Tax Year: 2023
  • Tax Amount: $51,221
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 65
  • Final Value: 3,861,410
  • High Value: 4,816,374
  • Low Value: 2,906,447

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Sep 01, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $2,688,960
  • Market Land Value: $1,080,000
  • Market Improvement Value: $1,608,960

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,688,960
  • Assessed Land Value: $1,080,000
  • Assessed Improvements Value: $1,608,960

    Sales

  • Current Sale Contract Date: Aug 24, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Transaction ID: 11784984966
  • Current Sale Price: $2,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 116704065
  • Previous Sale Recording Date: Nov 26, 2014
  • Previous Sale Contract Date: Nov 20, 2014
  • Previous Sale Amount: $2,400,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Sep 01, 2020
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: HSBC BANK USA
  • Previous Mortgage Transaction Date: Nov 26, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2044

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Frequently Asked Questions

What neighborhood is 83 Royal Palm Drive located in?
The 83 Royal Palm Drive is a house located in the neighborhood of Nurmi Isles in East Fort Lauderdale, Fort Lauderdale.
What is the average sales price for listings in 83 Royal Palm Drive?
The average sales price for units in 83 Royal Palm Drive is $0 currently.

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