BreakThru Realty

166 Royal Palm Drive, Fort Lauderdale, FL 33301

$5,500,000 · Closed

  • 5 beds
  • 7 baths
  • 5,752 sq ft
  • Single Family Residence
  • Built 1996
  • Lot 12,196.8 sq ft
  • 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

  • Entrance Foyer
  • Other
  • Pantry
  • Built-in Barbecue
  • Barbecue
  • Balcony
  • Canal Front
  • In Ground

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Coldwell Banker Realty · Listing agent: Timothy J Singer

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 166 Royal Palm Drive.

Questions About 166 Royal Palm Drive

How much is 166 Royal Palm Drive?
166 Royal Palm Drive is listed at $5,500,000, which is about $956 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 166 Royal Palm Drive?
The listing reports annual property taxes of $77,509 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
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 has 166 Royal Palm Drive been on the market?
166 Royal Palm Drive has been listed for 137 days, and the asking price has been reduced from $6,200,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 166 Royal Palm Drive waterfront?
Yes. The listing describes the water as canal front. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
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.
How do I see 166 Royal Palm Drive?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 4 bedroom home at 2507 Barcelona Drive, Fort Lauderdale, FL 33301 is comparable and listed for sale at $5,100,000. Another comparable home, 3061 NE 44th Street, Fort Lauderdale, FL 33308, sold for $5,425,000 in September 2026. Other Fort Lauderdale neighborhoods include Colee Hammock and Tarpon River. Nearby ZIP codes include 33304 and 33305. This property also neighbors Oakland Park, Lauderdale-by-the-Sea, and Plantation. Compare it with the Fort Lauderdale housing market report.