511 San Marco Dr

Las Olas Isles · Fort Lauderdale, FL5 BD · 5 BA · 5,288 SQ FT · 101 FT WATER FRONTAGE · 11,000 SQ FT LOT
$6,900,000FOR SALEBUILT 1999
PRICE CUT · $795,000 BELOW ORIGINAL
101 ft water frontage
90 ft wide canal with 27 ft of reach for dock and boat
Turns a 36 ft boat without backing out
23 minutes to ocean (2.1 nm)

This home vs. Las Olas Isles

Asking sq ft7% under · This home $1,305 vs median $1,400
Asking waterfront ftabout the median · This home $68,317 vs median $71,481
Water frontageabout the median · This home 101 ft vs median 100 ft
Canal width8% under · This home 90 ft vs median 98 ft
Run to the oceanabout the median · This home 23 min vs median 23 min
Max boat lengthabout the median · This home 81 ft vs median 80 ft
Home size17% under · This home 5,288 sq ft vs median 6,363 sq ft
Lot size12% under · This home 11,000 sq ft vs median 12,500 sq ft
Age of home16 yrs older · This home 27 yrs vs median 11 yrs
Days on market376 days more · This home 540 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 setbacks81 ft
Reach across the canal30% of 90 ft, dock and boat together · the dock itself stops at 22 ft27 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 81 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 90 ft canal nothing may extend more than 27 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

Welcome to this sophisticated and fully renovated waterfront estate, boasting 100 feet of deep water frontage that is sure to take your breath away! This tropical oasis features five bedrooms, four and a half bathrooms, and a spacious primary suite with walk-in closets. Enjoy the expansive terrace offering captivating water views, along with the convenience of two laundry rooms. With elegant staircases and a VIP guest suite alongside three additional en suite bedrooms. Experience the true vacation-style lifestyle, with a summer kitchen, spa for ultimate relaxation, and a bonfire area for unforgettable gatherings. Positioned in one of the best areas of Fort Lauderdale, this is an unparalleled opportunity to live life to the absolute fullest.

Water & dockage

Water frontageabout typical for Las Olas Isles·101 ft
Lot depth110 ft
Max boat length81 ft
Reach across the canal27 ft
Canal width at property90 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

Bedrooms5
Bathrooms5
Interior5,288 sq ft
Lot11,000 sq ft
Year built1999

Price & taxes

Asking$6,900,000
Originally listed$7,695,000
Price / sq ft$1,305
Price / ft frontage$68,317

History

Days on market540 days
Last sale$4,500,000 · Apr 2022
MLS# A11794024 · BeachesMLS · Listed by Chad Carroll, Compass Florida, LLC
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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