CO-OWNERSHIP

319 Coconut Isle Dr

Las Olas Isles · Fort Lauderdale, FL4 BD · 4.5 BA · 3,886 SQ FT · 50 FT WATER FRONTAGE · 6,250 SQ FT LOT
$749,000FOR SALEBUILT 2023
50 ft water frontage
105 ft wide canal with 31 ft of reach for dock and boat
Turns a 42 ft boat without backing out
25 minutes to ocean (2.3 nm)

This home vs. Las Olas Isles

Asking sq ft86% under · This home $193 vs median $1,400
Asking waterfront ft79% under · This home $14,980 vs median $71,481
Water frontage50% under · This home 50 ft vs median 100 ft
Canal width1.1× the median · This home 105 ft vs median 98 ft
Run to the ocean9% longer · This home 25 min vs median 23 min
Max boat length50% under · This home 40 ft vs median 80 ft
Home size39% under · This home 3,886 sq ft vs median 6,363 sq ft
Lot size50% under · This home 6,250 sq ft vs median 12,500 sq ft
Age of home8 yrs newer · This home 3 yrs vs median 11 yrs
Days on market127 days more · This home 292 days vs median 165 days
This homeMedian of 29 for sale
Market pulse

Las Olas Isles is a buyer's market right now: about 13 mo of homes for sale at the pace of the last 12 months, a median 95 days to sell, and sellers getting 92% of their last asking price. Across the 15 neighborhoods with listings it reads the same, at 9.4 mo of supply.

Sun exposure

6h 50m of direct sun in Summer

1:25 PM to 8:15 PM·West water side·Afternoon light on the dock and pool, and on the glass facing the water

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

Located inside Las Olas Isles

Fort Lauderdale’s best-known waterfront address, with the social gravity of Las Olas and better boating utility than its reputation gets credit for. Buyers pay for the name, but they are not sacrificing convenience on the water.The neighborhood today283WATERFRONT HOMES28FOR SALE26SOLD IN 12 MONTHS$5.42MMEDIAN SALE · 12 MONTHS95 daysMEDIAN TIME TO SELL$72,185ASKING / WATERFRONT FT · 27 FOR SALE28 homes for sale

What this water allows

Boat setback5 ft each side
Dockable lengththe water edge less the setbacks40 ft
Reach across the canal30% of 105 ft, dock and boat together · the dock itself stops at 25 ft31 ft
Depthno public survey we can rely onNot stated

We measure the property’s water edge, then take 5 ft off each side — the boat setback that applies here, which is what leaves 40 ft of dockable length. Width is the other limit: a dock and the boat tied to it may together reach 30% of the way across, so on this 105 ft canal nothing may extend more than 31 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

New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home. Just steps from the sand, this new 4-bedroom, 4-bathroom home is perfect for year-round relaxation. The open concept main floor includes a dramatic 20-foot ceiling in the great room, a charming gourmet kitchen with brass accents, a welcoming dining room table and sliding doors to the pool. The spacious primary bedroom is bright and inviting, with sliding glass doors to a balcony and a custom closet. The spa-like en suite bathroom features a double vanity and a serene, tiled wet room with a soaking tub and shower. Three other inviting bedrooms also offer en suite bathrooms. On a nicely landscaped corner lot just a block from the beach, the home comes fully furnished and decorated.

Water & dockage

Water frontage50% under the median of all Las Olas Isles waterfront homes·50 ft
Lot depth125 ft
Max boat length40 ft
Reach across the canal31 ft
Canal width at property105 ft
Boat setback5 ft each side

Route to the ocean

InletPort Everglades
Distance2.3 nm
Run to the ocean9% longer than the median of all Las Olas Isles waterfront homes·25 min at about 6 knplus bridge waits
1 drawbridge on the waySoutheast 17th Street·55 ft clearance when closed
Lowest clearance55 ft

The home

Bedrooms4
Bathrooms4.5
Interior3,886 sq ft
Lot6,250 sq ft
Year built2023

Price & taxes

Asking$749,000
Price / sq ft$193
Price / ft frontage$14,980

History

Days on market292 days
Last sale$4,550,000 · Mar 2022
MLS# R11151912 · BeachesMLS · Listed by Gary M James, Pacaso Inc.
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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