516 Mola Ave
This home vs. Las Olas Isles
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
13h 40m of direct sun in Summer
6:35 AM to 8:15 PM·East, Southwest & West water side·Sun over the dock through the middle of the day
What this water allows
We measure each of this lot’s three water edges separately, then take 5 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 291 ft, 273 ft and 145 ft. This lot fronts two waters: the New River, where no canal width limits beam, and a 113 ft canal, where a dock and the boat tied to it may together reach 30% of the way across. 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
516 Mola. FTLs most unique, gated Peninsula Estate designed by renowned architect Max Strang & built by Bomar Builders, situated on 0.86 acres. Find panoramic views, a combined 640' of WF, a jaw-dropping floating Cantilever design & even a pickleball court! Notice a harmonious fusion of modern aesthetics and organic elements paired w/interior design by DKOR, crafted to complement the natural surroundings. Floor-to-ceiling windows & skylights grant natural light & Chef's Kitchen w/ hidden prep pantry w/ formal dining are perfect for entertaining. Be wowed by the Primary Suite's balcony w/New River views, gym, sitting room/office, expansive closet & spa-like bath. Home features include a full Apartment suite, movie theater, wet bar, European white oak wood floors & Savant/Lutron home system.