511 Lido Dr

Las Olas Isles · Fort Lauderdale, FL4 BD · 7.5 BA · 3,140 SQ FT · 110 FT WATER FRONTAGE · 11,550 SQ FT LOT
$4,595,000FOR SALEBUILT 1951
PRICE CUT · $204,000 BELOW ORIGINAL
110 ft water frontage
88 ft wide canal with 26 ft of reach for dock and boat
Turns a 35 ft boat without backing out
23 minutes to ocean (2.1 nm)

This home vs. Las Olas Isles

Asking sq ftabout the median · This home $1,463 vs median $1,400
Asking waterfront ft42% under · This home $41,773 vs median $71,481
Water frontage1.1× the median · This home 110 ft vs median 100 ft
Canal width10% under · This home 88 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 size51% under · This home 3,140 sq ft vs median 6,363 sq ft
Lot size8% under · This home 11,550 sq ft vs median 12,500 sq ft
Age of home64 yrs older · This home 75 yrs vs median 11 yrs
Days on market139 days fewer · This home 25 days vs median 164 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 setback10 ft each side
Dockable lengththe water edge less the setbacks90 ft
Reach across the canal30% of 88 ft, dock and boat together · the dock itself stops at 22 ft26 ft
Depthno public survey we can rely onNot stated

We measure the property’s water edge, then take 10 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 88 ft canal nothing may extend more than 26 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 opportunity to acquire 110 feet of deepwater frontage on prestigious Lido Drive, one of the most transformed and exclusive waterfront streets in Las Olas Isles. Positioned near South Point with western exposure and spectacular sunset views, outstanding yacht access and a direct route to the Intracoastal Waterway and Port Everglades. Immediately surrounded by substantial new waterfront estates, major assemblages and multimillion dollar new luxury construction establishing a pattern that has already reshaped this exceptional stretch of Lido Drive. The existing 4-bedroom, 3.5 bath residence includes a gourmet kitchen, custom millwork, saltwater pool, full-house generator, and 2-car garage, providing functional interim use while plans and permitting for a future estate are pursued.

Water & dockage

Water frontage1.1× the median of all Las Olas Isles waterfront homes·110 ft
Lot depth105 ft
Max boat length90 ft
Reach across the canal26 ft
Canal width at property88 ft
Boat setback10 ft each side

Route to the ocean

InletPort Everglades
Distance2.1 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

Bedrooms4
Bathrooms7.5
Interior3,140 sq ft
Lot11,550 sq ft
Year built1951

Price & taxes

Asking$4,595,000
Originally listed$4,799,000
Price / sq ft$1,463
Price / ft frontage$41,773

History

Days on market25 days
Last sale$1,815,000 · Jan 2017
MLS# B26081958 · BeachesMLS · Listed by Donna L Carbonara, Douglas Elliman
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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