NEW

501 Coconut Isle Dr

Las Olas Isles · Fort Lauderdale, FL3 BD · 4 BA · 3,556 SQ FT · 100 FT WATER FRONTAGE · 12,500 SQ FT LOT
$4,450,000FOR SALEBUILT 1962
100 ft water frontage
107 ft wide canal with 32 ft of reach for dock and boat
Turns a 42 ft boat without backing out
23 minutes to ocean (2.2 nm)

This home vs. Las Olas Isles

Asking sq ftabout the median · This home $1,251 vs median $1,305
Asking waterfront ft35% under · This home $44,500 vs median $68,317
Water frontageabout the median · This home 100 ft vs median 100 ft
Canal width1.1× the median · This home 107 ft vs median 98 ft
Run to the oceanabout the median · This home 23 min vs median 23 min
Max boat length1.1× the median · This home 90 ft vs median 80 ft
Home size42% under · This home 3,556 sq ft vs median 6,110 sq ft
Lot size1.1× the median · This home 12,500 sq ft vs median 11,550 sq ft
Age of home53 yrs older · This home 64 yrs vs median 11 yrs
Days on market177 days fewer · This home 5 days vs median 182 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 98 days to sell, and sellers getting 92% of their last asking price. Across the 15 neighborhoods with listings it reads the same, at 8.8 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 today282WATERFRONT HOMES28FOR SALE27SOLD IN 12 MONTHS$5.45MMEDIAN SALE · 12 MONTHS98 daysMEDIAN TIME TO SELL$71,481ASKING / WATERFRONT FT · 27 FOR SALE28 homes for sale

What this water allows

Boat setback5 ft each side
Dockable lengththe water edge less the setbacks90 ft
Reach across the canal30% of 107 ft, dock and boat together · the dock itself stops at 25 ft32 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 90 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 107 ft canal nothing may extend more than 32 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

Rare 12,500 sqft, Las Olas Isles waterfront property just a short distance to the beach. Enjoy 100' of deep-water dockage on a wide canal, only 4 houses from the New River with no fixed bridges and direct ocean access. Backyard Western exposure delivers spectacular sunsets. Open floor plan offers 2 en-suite BR/3 BA plus office/bedroom, and a gourmet kitchen with granite counters, gas stove, and marble floors. An upstairs 1 BR/1 BA mother-in-law apartment with private entrance is ideal for guests or family. Outside, a gigantic covered, screened pool and tiki hut with wet bar set the stage for entertaining. Whole-house natural gas generator, extra-large 2-car garage, and underground utilities complete this Old Florida gem. Sq ft per BCPA, not verified. Showings begin Oct 15 Two en-suite bedrooms in main house. Upstairs 1 BR/1 BA mother-in-law apt w/ separate entrance. Amazing location: minutes to the beaches, downtown Ft. Lauderdale, Port Everglades Inlet, Fort Lauderdale/Hollywood International airport and more. Sq ft per Broward County Property Appraiser, not verified.

Water & dockage

Water frontageabout typical for Las Olas Isles·100 ft
Lot depth125 ft
Max boat length90 ft
Reach across the canal32 ft
Canal width at property107 ft
Boat setback5 ft each side

Route to the ocean

InletPort Everglades
Distance2.2 nm
Run to the oceanabout typical for Las Olas Isles·23 min at about 6 knplus bridge waits
1 drawbridge on the waySoutheast 17th Street·55 ft clearance when closed
Lowest clearance55 ft

The home

Bedrooms3
Bathrooms4
Interior3,556 sq ft
Lot12,500 sq ft
Year built1962

Price & taxes

Asking$4,450,000
Price / sq ft$1,251
Price / ft frontage$44,500

History

Days on market5 days
Last sale$1,508,000 · Nov 2013
MLS# B26086698 · BeachesMLS · Listed by Karen Polivka P.A., 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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