NEWPOINT LOT

1 Royal Palm Dr

Nurmi Isles · Fort Lauderdale, FL4 BD · 5 BA · 8,818 SQ FT · 365 FT WATER FRONTAGE · 16,457 SQ FT LOT
$19,900,000FOR SALEBUILT 2017
365 ft water frontage
101 ft wide canal with 30 ft of reach for dock and boat
124 ft wide canal
Turns a 40 ft boat without backing out
43 minutes to ocean (4.2 nm)

This home vs. Nurmi Isles

Asking sq ft1.2× the median · This home $2,257 vs median $1,900
Asking waterfront ft40% under · This home $54,521 vs median $91,324
Water frontage3.6× the median · This home 365 ft vs median 100 ft
Canal width16% under · This home 101 ft vs median 120 ft
Run to the oceanabout the median · This home 43 min vs median 41 min
Max boat length1.4× the median · This home 110 ft vs median 80 ft
Home size1.4× the median · This home 8,818 sq ft vs median 6,244 sq ft
Lot size1.4× the median · This home 16,457 sq ft vs median 12,000 sq ft
Age of home3 yrs older · This home 9 yrs vs median 6 yrs
Days on market65 days fewer · This home 1 day vs median 66 days
This homeMedian of 12 for sale
Market pulse

Across the 15 neighborhoods with listings it is a buyer's market right now: about 9.0 mo of homes for sale at the pace of the last 12 months, a median 83 days to sell, and sellers getting 92% of their last asking price. Nurmi Isles has had 10 sales in 12 months, too few to call on its own.

Sun exposure

13h 40m of direct sun in Summer

6:35 AM to 8:15 PM·South, East & West water side·Sun over the dock through the middle of the day

87° HIGHEST
12 AM6 AM12 PM6 PM12 AM
Direct sunIndirect sunNight

Located inside Nurmi Isles

Tucked between bigger names, Nurmi Isles offers the same core water lifestyle with a little less noise and a little less brand tax. It is especially interesting for buyers chasing privacy and better water orientation.The neighborhood today164WATERFRONT HOMES12FOR SALE10SOLD IN 12 MONTHS$5.34MMEDIAN SALE · 12 MONTHS138 daysMEDIAN TIME TO SELL$91,324ASKING / WATERFRONT FT · 12 FOR SALE12 homes for sale

What this water allows

Boat setback10 ft each side
Dockable lengthsthe water edge less the setbacks110 ft · 102 ft · 100 ft
Reach across the canal30% of 101 ft, dock and boat together · the dock itself stops at 25 ft · for the 102 ft dockable length30 ft
Depthno public survey we can rely onNot stated

We measure each of this lot’s three water edges separately, then take 10 ft off each end that meets a neighbor — where its edges meet at corners, nothing comes off — the boat setback that applies here, which is what leaves dockable lengths of 110 ft, 102 ft and 100 ft. Width is the other limit: a dock and the boat tied to it may together reach 30% of the way across, so on this 101 ft canal nothing may extend more than 30 ft from your property line. Depth is the one limit we don’t state: no public survey covers these canals at a resolution we can rely on.

Limits from ULDR 47‑19.3(h) (where a moored boat may lie) and Code 8‑91(e) (how far it may reach).

FROM THE LISTING

A rare opportunity for the discerning yacht owner to experience exceptional waterfront living on prestigious Royal Palm drive in Las Olas. This impressive modern estate features 8,818 square feet of living space and an extraordinary 362 feet of canal frontage with private yacht dockage. Four bedrooms, six bathrooms, and a six-car garage complement the property's pool and outdoor entertaining areas. An exceptional, move-in-ready residence offering a distinctive combination of waterfront prestige, scale, and the South Florida boating lifestyle and the heart of Las Olas.

Water & dockage

Water frontage3.6× the median of all Nurmi Isles waterfront homes·365 ft
Lot depth120 ft
Max boat length110 ft · 102 ft · 100 ft
Reach across the canal30 ft on the canal · 37 ft on the canal
Water at property101 ft canal · 124 ft canal
Boat setback10 ft each side
Lot positionPoint lot

Route to the ocean

InletPort Everglades
Distance4.2 nm
Run to the oceanabout typical for Nurmi Isles·43 min at about 6 knplus bridge waits
2 drawbridges on the wayEast Las Olas Boulevard·21 ft clearance when closed3 ft lower until early 2027 — normally 24 ftA containment system for the deck rehabilitation lowers the closed clearance by 3 ft. Single-leaf openings only; a full opening or full channel passage needs 2 hours' notice.Southeast 17th Street·55 ft clearance when closed
Lowest clearance21 ft

The home

Bedrooms4
Bathrooms5
Interior8,818 sq ft
Lot16,457 sq ft
Year built2017

Price & taxes

Asking$19,900,000
Price / sq ft$2,257
Price / ft frontage$54,521

History

Days on market1 days
Last sale$2,965,000 · Jan 2015
MLS# B26088904 · BeachesMLS · Listed by Marc-Andre Levesque, Charles Rutenberg Realty FTL
MEASURED BY BIMIO FROM PUBLIC RECORDS — VERIFY INDEPENDENTLY

Get the full read

  • Seawall condition and permit history
  • The dock: shore power and amperage, water, pilings, lift capacity
  • Seller's motivation and flexibility on price
  • Neighborhood and street assessment

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