166 Royal Palm Drive
Fort Lauderdale, FL, 33301 $ 5,500,000
Bedrooms5 Baths5.2 Sq 5,752 Monthly Estimate*
$ 33,864
for $5,500,000 with 5 bedrooms and 5 full baths, 2 half baths. This 5,752 square foot home was built in 1996 on a lot size of 0.28.
Preferred east-facing waterfront estate on one of Las Olas Isles' most prestigious streets. Set on a prized 12,000-square-foot lot with 100 feet of deep-water dockage, this timeless residence offers tranquil wide-water views, elegant coastal architecture, and refined living just moments from the beach and Las Olas Boulevard. Spanning nearly 5,800 square feet, the home features expansive entertaining spaces, a first-floor primary suite with private loggia, multiple courtyards and terraces, pool, gazebo bar, fireplace, and three-car garage. A rare opportunity combining premier location, exceptional waterfront, and enduring long-term value. Beaches, fine dining and shopping are minutes away. Royal Palm Drive is favored for its higher elevation, wider, deeper lots and underground utilities. Here is an opportunity supported by both the intrinsic qualities of the property and recent market activity within the Las Olas Isles. This property offers a highly desirable 12,000-square-foot lot with 100 feet of waterfront on a premium street characterized by consistent lot widths and larger surrounding homes an important factor that reinforces long-term value. In this market, waterfront land alone typically commands approximately $35,000 to $50,000 per linear foot, placing significant underlying value on the site itself. Additionally, the residence encompasses 5,752 square feet of interior living space, aligning well with expectations for a property of this scale, where homes generally trade in the range of $1,200 to $1,500 per square foot. The benefit is a combination of a well-proportioned home, strong land value, and a superior location. Premium east-facing waterfront exposure 100 feet of deep-water dockage Large 12,000 SF lot Prestigious street within Las Olas Isles High-quality scale at nearly 5,800 SF Timeless architecture instead of speculative modern construction Proximity to beach and Las Olas
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Possession Negotiable
Roof Barrel
Appliances Dryer Dishwasher Disposal Microwave Refrigerator
Garage Spaces 3
Patio/Porch Features Open Patio Balcony
Pool Features In Ground
Construction Materials Block
Year Built 1996
View Canal
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Canal Front
County Broward
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name NURMI ISLES ISLAND NO 1
Facing Direction West
Garage Y/N true
Total Rooms 2
Full Baths 5
Status Active
Directions US 1 to Las Olas Boulevard EAST to Royal Palm Drive turn LEFT -or- A1A to Las Olas WEST to Royal Palm Drive turn RIGHT.
High School Fort Lauderdale
City Fort Lauderdale
Senior Community Y/N false
MLS Area 3280
Elementary School Harbordale
Tax Annual Amount 77509
Middle/Junior High School Sunrise
Property Condition Resale
Virtual Tour https://my.matterport.com/show/?m=CF2Pvu5orSG&mls=1 https://my.matterport.com/show/?m=CF2Pvu5orSG
Standard Status Active
Property Sub Type Additional Single Family Residence
Legal Description NURMI ISLES ISLAND NO 1 21-29 B LOT 36
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InteriorInterior Amenities Bathtub Entrance Foyer Family/Dining Room Main Level Primary Other Pantry Soaking Tub Separate Shower
Flooring Other Tile
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 2
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 2
Total Baths 7
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ExteriorExterior Amenities Built-in Barbecue Balcony Barbecue Outdoor Living Area
Parking Features Attached Circular Driveway Garage Paver Block
Lot Features 1/4 to 1/2 Acre Lot
Water Source Public
Lot Size Area 12000
Building Area Total 6817
Lot Dimensions 100x120
Lot Size Acres 0.28
Road Surface Type Paved
Frontage Length 100.00
Frontage Type Waterfront
Waterfront Y/N true
Covered Spaces 3
Builder Model 100 Feet Waterfront
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* Excluded FeaturesList ByTimothy J SingerListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $33,864
- Monthly Property Taxes
- $6,459
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Fort Lauderdale, FL
Average List Price $2,474,357
Percent of Sale Price 55%
About Fort Lauderdale, FL 179,497 Population
6% Since 2002
$ 58,187 Median Income
44.09 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
4206132 Elementary School
4205704 Middle School
Fort Lauderdale High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/6/2026 | $5,500,000 | -8.32% | Price Down |
| 2/28/2026 | $5,999,000 | -3.24% | Price Down |
| 1/26/2026 | $6,200,000 | | Listed Price |