166 Royal Palm Drive, Fort Lauderdale, FL 33301

Sold $5,350,000 · Jul 1, 2026

Last asking price $5,500,000 · 97.3% of asking · 137 days on market

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  • 5 beds
  • 6 baths
  • 5,752 sq ft
  • Single Family Residence
  • Built 1996
  • Model: 100 Feet Waterfront
  • Lot 12,196.8 sq ft
  • 6,817 sq ft total
  • 3 garage spaces
  • Broward County
  • MLS# F10545720
  • Nurmi Isles Island No 1
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About this home

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

Features

Schools

  • Elementary: Harbordale
  • Middle: Sunrise
  • High: Fort Lauderdale

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Coldwell Banker Realty · mike.brunnberg@floridamoves.com · Listing agent: Timothy J Singer

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Thinking of Selling Nearby?

166 Royal Palm Drive sold on Jul 1, 2026. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home in Nurmi Isles with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in Fort Lauderdale. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 166 Royal Palm Drive

What did 166 Royal Palm Drive sell for?
166 Royal Palm Drive sold for $5,350,000 on Jul 1, 2026, about 97.3% of its last asking price of $5,500,000 and about $930 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the property taxes on 166 Royal Palm Drive?
The listing reported annual property taxes of $77,509 for 2025. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 166 Royal Palm Drive built?
166 Royal Palm Drive was built in 1996 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 166 Royal Palm Drive on the market?
166 Royal Palm Drive was on the market for 137 days before it sold, after the asking price was reduced from $6,200,000 to $5,500,000.
Is 166 Royal Palm Drive waterfront?
Yes. The listing described the water as canal front.
Which schools serve 166 Royal Palm Drive?
The MLS lists Harbordale (elementary), Sunrise (middle), Fort Lauderdale (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
Is 166 Royal Palm Drive still for sale?
No. 166 Royal Palm Drive sold on Jul 1, 2026. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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A comparable home, 1032 SE 12th Way, Fort Lauderdale, FL 33316, sold for $5,050,000 in November 2026. Other Fort Lauderdale neighborhoods include Melrose Park and Lauderdale Manors. Nearby ZIP codes include 33304 and 33305. This property also neighbors Lazy Lake, Wilton Manors, and Oakland Park. Compare it with the Fort Lauderdale housing market report.