540 Lido Dr

Las Olas Isles · Fort Lauderdale, FL4 BD · 5 BA · 5,973 SQ FT · 120 FT WATER FRONTAGE
$6,895,000FOR SALEBUILT 1991
120 ft water frontage
89 ft wide canal with 26 ft of reach for dock and boat
Turns a 35 ft boat without backing out
22 minutes to ocean (2.0 nm)

This home vs. Las Olas Isles

Asking sq ft18% under · This home $1,154 vs median $1,400
Asking waterfront ft20% under · This home $57,458 vs median $71,481
Water frontage1.2× the median · This home 120 ft vs median 100 ft
Canal width9% under · This home 89 ft vs median 98 ft
Run to the oceanabout the median · This home 22 min vs median 23 min
Max boat length1.3× the median · This home 100 ft vs median 80 ft
Home size6% under · This home 5,973 sq ft vs median 6,363 sq ft
Age of home24 yrs older · This home 35 yrs vs median 11 yrs
Days on market28 days more · This home 193 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

6:35 AM to 1:25 PM·East water side·Morning light on the dock, shaded by afternoon

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 setbacks100 ft
Reach across the canal30% of 89 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 100 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 89 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

Waterfront estate on Lido Drive in Las Olas Isles. This substantial residence offers approximately 6,700+ square feet of living space, 5 bedrooms, 5 bathrooms, expansive entertaining areas, air conditioned garage and the private waterfront lifestyle Fort Lauderdale is known for. Positioned in one of the city’s most desirable isles, the home offers grand scale, strong indoor-outdoor flow, and short access to Las Olas, the beach, dining, marinas, and yachting amenities. A rare opportunity to own a large waterfront home in a premier Las Olas Isles location.

Water & dockage

Water frontage1.2× the median of all Las Olas Isles waterfront homes·120 ft
Lot depth105 ft
Max boat length100 ft
Reach across the canal26 ft
Canal width at property89 ft
Boat setback10 ft each side

Route to the ocean

InletPort Everglades
Distance2.0 nm
Run to the oceanabout typical for Las Olas Isles·22 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
Bathrooms5
Interior5,973 sq ft
Year built1991

Price & taxes

Asking$6,895,000
Price / sq ft$1,154
Price / ft frontage$57,458

History

Days on market193 days
Last sale$2,150,000 · Jul 2011
MLS# A11999581 · BeachesMLS · Listed by Jonathan Minerick, HomeCoin.com
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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