$11,000,000
SOLD FEB 6, 2017

2 Pelican Dr Fort Lauderdale, FL 33301

Seven Isles Neighborhood
5 Beds
7.5 Baths
10,218 Sq Ft
0.61 Acres

Recently Sold

$1,077 Per Sq Ft

15% Below List Price

121 Days on Market

Highlights

  • Boat Ramp
  • Waterfront Tip Lot
  • Home Theater
  • Harbordale Elementary School Rated A-
  • Intracoastal View
  • Free Form Pool

About This Home

As of February 2017

Amazing value!Priced to sell!SE Ft.Laud point lot w/ incredible views! Extensive renovations October 2016. Gated estate 289' waterfront w/ 120+' dockage for a mega yacht. 5 bed/7.5 bath w/ 2 master bedrooms on 1st & 2nd floor... each have oversized sitting area/media rooms. Elevator, guest/captain's quarters w/ kitchen, L/R, separate bed & bath & private balcony & entrance. Oversized boat room for captain's delight situated near dockage for convenience. Abundance of outside entertaining/ pool & spa.

Last Agent to Sell the Property

Elizabeth Kennedy

Compass Florida, LLC License #555701 Listed on: 09/07/2016

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,762

Year Built

  • Built in 1998

Lot Details

  • Waterfront Tip Lot
  • North Facing Home
  • Sprinkler System

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 10,218 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Built-In Features
  • Bar
  • Fireplace
  • Family Room
  • Sitting Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Utility Room
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Maid or Guest Quarters
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Free Form Pool
  • No Fixed Bridges
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504201080020

Community Details

Overview

  • Pelican Isle 21 19 B Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,762

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Las Olas to Seven Isles go North to Pelican Isle property is on SE point
  • Year Built: 1998
  • Architectural Style: Detached, Two Story
  • Carport Y N: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, First Floor Entry, Fireplace, Kitchen Island, Main Level Master, Sitting Area in Master, Upper Level Master, Bar, Central Vacuum, Elevator
  • Furnished: Unfurnished
  • Appliances: Some Gas Appliances, Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Trash Compactor, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Other
  • Living Area: 10218.0
  • Dining Room Type: Den, Family Room, Guest Quarters, In-Law Suite, Laundry, Media Room, Utility Room, Master Bedroom, Sitting Room

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill
  • View: Intercoastal, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: Free Form, In Ground, Other, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Beach Access, Dock Access, No Fixed Bridges, Point Lot, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Other Structures: Guest House
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Other
  • Senior Community: No

Lot Info

  • Parcel #: 504201080020
  • Zoning Description: RES

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 85762.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2017
Sold by
Lango Salvatore A and Lango Kathleen M
Bought by
Longo Salvatore A and Longo Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,200,000
Outstanding Balance
$7,555,363
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,729,480

Purchase Details

Listed on
Sep 7, 2016
Closed on
Feb 6, 2017
Sold by
Pelican Isle Properties Llc
Bought by
Longo Salvatore A and Longo Kathleen M
Seller's Agent
Elizabeth Kennedy
Compass Florida, LLC
List Price
$12,995,000
Sold Price
$11,000,000
Premium/Discount to List
-$1,995,000
-15.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%

Purchase Details

Closed on
Mar 17, 1999
Sold by
Pelican Drive Properties Ltd
Bought by
Pelican Isle Properties Llc

Purchase Details

Closed on
Jun 24, 1996
Sold by
Stuart Leonard A and Stuart Suzanne M
Bought by
Pelican Drive Properties Ltd

Purchase Details

Closed on
Dec 5, 1994
Sold by
Tutle Ruth S and Sneath Helen S
Bought by
Stuart Leonard A and Stuart Suzanne M

Purchase Details

Closed on
Jul 20, 1993
Sold by
Sun Bk S Fl
Bought by
Tuttle Ruth S and Sneath Helen S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $11,000,000 Attorney
Warranty Deed $5,500,000 --
Deed $1,954,600 --
Deed $1,395,000 --
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,200,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 For Sale $25,000,000 +127.3% $2,447 / Sq Ft
02/06/2017 02/06/17 Sold $11,000,000 -15.4% $1,077 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
09/07/2016 09/07/16 For Sale $12,995,000 -- $1,272 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $225,728 $12,137,740 $3,497,910 $8,639,830
2024 $254,508 $12,137,740 $3,497,910 $8,639,830
2023 $254,508 $12,864,590 $0 $0
2022 $231,489 $11,695,090 $0 $0
2021 $197,768 $10,631,900 $3,497,910 $7,133,990
2020 $184,801 $9,985,530 $3,497,910 $6,487,620
2019 $183,832 $9,874,860 $3,497,910 $6,376,950
2018 $173,995 $9,570,000 $3,497,910 $6,072,090
2017 $91,132 $4,918,770 $0 $0
2016 $88,984 $4,657,000 $0 $0
2015 $88,237 $4,488,120 $0 $0
2014 $88,108 $4,399,230 $0 $0
2013 -- $4,230,630 $2,152,560 $2,078,070
Source: Public Records

Agents Affiliated with this Home

  • Tim Elmes

    Seller's Agent in 2024

    Tim Elmes

    Compass Florida, LLC

    (954) 522-2803

    11 in this area

    123 Total Sales

    Tim Elmes
    Section Image

  • E

    Seller's Agent in 2017

    Elizabeth Kennedy

    Compass Florida, LLC

    (954) 449-2700

    23 Total Sales

    Elizabeth Kennedy
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10029786

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-01-08-0020

Florida Broward County Fort Lauderdale 33301 Seven Isles

2 Pelican Dr, Fort Lauderdale, FL

This home is located at 2 Pelican Dr, Fort Lauderdale, FL 33301 and is currently priced at $11,000,000, approximately $1,076 per square foot. This property was built in 1998. 2 Pelican Dr is a home located in Broward County with nearby schools including Harbordale Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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