$6,500,000
SOLD JUN 30, 2025
7 Acres
$902,778 Price per Acre
313,632 Sq Ft Lot

Recently Sold

28% Below List Price

86 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • 7.2 Acre Lot
  • Stephen Foster Elementary School Rated 9+
  • Waterfront Tip Lot
  • 3-minute walk to Riverland Preserve

About This Lot

As of June 2025

Prime waterfront oasis offering an expansive, breathtaking 7.2 acre point lot with deep water open access to the ocean; no fixed bridges. Unparalleled opportunity for boating and nature enthusiasts to build a family dream home or builder to create an exclusive private enclave of homes on the New River. Convenient proximity to the Beaches, Downtown, the Ft. Lauderdale and Miami Airport. Property includes House, Guest House and Helicopter Hanger.

Last Agent to Sell the Property

Sande Keil

Compass Florida, LLC License #3261021 Listed on: 03/31/2025

Compass Florida, LLC

Last Buyer's Agent

Chenet Nelson

Compass Florida, LLC License #3178003

Compass Florida, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,875

Lot Details

  • 7.2 Acre Lot
  • 700 Ft Wide Lot
  • Waterfront Tip Lot
  • Southwest Facing Home
  • Property is zoned RS-3.52

Listing and Financial Details

  • Assessor Parcel Number 504217010630

Community Details

Overview

  • No Home Owners Association
  • Melrose Park And Riverland Condos
  • Melrose Park And Riverland Subdivision

Recreation

  • Property has ocean access
  • No Fixed Bridges
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$26,875

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: Please use Google Maps.
  • Horses: No
  • Inclusions: Private Dock,Unrestricted Salt Water Access
  • Lot Size Acres: 7.2
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: Melrose Park and Riverland
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: Southwest
  • Lot Features: Septic, Well
  • Other Structures: Livable, Other Bldg Incl
  • Pool Private: No
  • View: No
  • Waterfront Features: No Fixed Bridges, Ocean Access, Point Lot
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Melrose Park and Riverland

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 504217010630
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 311097
  • Zoning: RS-3.52

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 26875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
Jun 30, 2025
Sold by
Slater Charles R and Byerly Derek J
Bought by
Riverbend Fl Llc
Seller's Agent
Sande Keil
Compass Florida, LLC
Buyer's Agent
Chenet Nelson
Compass Florida, LLC
List Price
$9,000,000
Sold Price
$6,500,000
Premium/Discount to List
-$2,500,000
-27.78%
Views
120

Purchase Details

Closed on
May 16, 2011
Sold by
Slater Charles and Slater Karin
Bought by
Slater Charles

Purchase Details

Closed on
Dec 28, 1992
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Warranty Deed $6,500,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $505,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $6,500,000 -27.8% --
06/25/2025 06/25/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $9,000,000 -- --
Source: MIAMI REALTORS® MLS

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 $26,875 $1,461,150 -- --
2024 $26,411 $1,419,980 -- --
2023 $26,411 $1,378,630 $0 $0
2022 $25,181 $1,338,480 $0 $0
2021 $24,734 $1,299,500 $0 $0
2020 $24,282 $1,281,560 $0 $0
2019 $23,143 $1,252,750 $0 $0
2018 $22,083 $1,229,400 $0 $0
2017 $21,998 $1,204,120 $0 $0
2016 $22,202 $1,179,360 $0 $0
2015 -- $1,171,170 $0 $0
2014 -- $1,161,880 $0 $0
2013 $228 $6,061,720 $3,744,430 $2,317,290
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11773824

MIAMI REALTORS® MLS

APN: 50-42-17-01-0630