NOT LISTED FOR SALE

500 Desota Dr Fort Lauderdale, FL 33301

Seven Isles Neighborhood

Estimated Value: $7,465,000 - $9,411,000

5 Beds
8 Baths
8,500 Sq Ft
$1,004/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $7,900,000 $929 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $56,648/month

442 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • New Construction
  • Harbordale Elementary School Rated A-
  • Intracoastal View
  • Gunite Pool

About This Home

As of October 2020

NEW DREAM HOME. READY TO MOVE IN!
PRIVATE SECURE SANCTUARY! RETREAT-RELAX-REINVIGORATE! STUNNING 3-story Modern Masterpiece of architecture & craftsmanship. VIEWS of Rio Barcelona, BEACH & CITY Skylines.100’ WF. 5/6 bedrooms + optional stylish office suite. Marriage of location, style, quality, hi-tech & innovation...luxury waterfront home design. Designed for up-scale entertaining & laid back living: Home automation. Italian Kitchen & doors. Resort style pool & outdoor spaces. Expansive Master, sauna & massage rooms.3rd floor office/entertainment sports bar, billiards & outdoor kitchen. Gate house & 24/7 security patrol. See Broker Remarks

Last Agent to Sell the Property

Jim Marlock

Fidelity Real Estate LLC License #3006201 Listed on: 07/01/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,151

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.29 Acre Lot
  • Home fronts navigable water
  • Southwest Facing Home
  • Sprinkler System
  • Property is zoned RS-4.4

Parking

  • 6 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Intracoastal
  • Canal

Home Design

  • Tri-Level Property
  • Concrete Roof

Interior Spaces

  • 8,500 Sq Ft Home
  • Elevator
  • Central Vacuum
  • Bar
  • High Ceiling
  • Fireplace
  • Formal Dining Room
  • Den
  • Impact Glass
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Pool

  • Gunite Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504211090010

Community Details

Overview

  • Lauderdale Isles Re Amend Subdivision

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,151

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

6

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East on Las Olas toward beach left on Seven Isles Drive to end. Right on Desota. Quick ocean access. Walk to beach and Las Olas shops, restaurants & nightlife. See BROKER REMARKS
  • Year Built: 2019
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Convertible Bedroom, Dining Area, Separate/Formal Dining Room, First Floor Entry, Fireplace, Handicap Access, High Ceilings, Kitchen Island, Multiple Master Suites, Upper Level Master, Bar, Central Vacuum, Elevator
  • Private Spa: Yes
  • Spa Features: Community, Hot Tub
  • Appliances: Some Gas Appliances, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Other
  • Living Area: 8500.0
  • Dining Room Type: Den, In-Law Suite
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Barbecue, Security/High Impact Doors, Outdoor Grill
  • View: Canal, Intercoastal
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: Gunite, Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Southwest
  • Property Condition: New Construction
  • Roof: Concrete, Other

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Paver Block, Garage Door Opener

Utilities

  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Bar/Lounge, Home Owners Association
  • Senior Community: No

Lot Info

  • Parcel #: 504211090010
  • Lot Size Sq Ft: 12600.0
  • Zoning Description: RS-4.4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 25151.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2014
Closed on
Nov 10, 2014
Sold by
Tuthill Sarah Goodrich Mctigue
Bought by
Rainmaker Group Llc
Seller's Agent
Rory Vanucchi
Florida Luxurious Properties
Buyer's Agent
Suzanne Wright
Premier Estate Properties Inc.
List Price
$2,195,000
Sold Price
$1,825,000
Premium/Discount to List
-$370,000
-16.86%
Current Estimated Value
$8,530,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,705,851
Avg. Annual Appreciation
15.09%

Purchase Details

Closed on
Aug 20, 2001
Sold by
Kauth Margaret H Mctigue and Kauth Robert R
Bought by
Kauth Margaret H Mctigue
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rainmaker Group Llc $1,825,000 Attorney
Kauth Margaret H Mctigue -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $7,900,000 -15.0% $929 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
07/01/2019 07/01/19 For Sale $9,299,000 +409.5% $1,094 / Sq Ft
11/10/2014 11/10/14 Sold $1,825,000 -16.9% $576 / Sq Ft View Prior Sale
10/11/2014 10/11/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $2,195,000 -- $692 / 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 $143,957 $7,771,050 $1,134,000 $6,637,050
2024 $141,785 $7,769,270 -- --
2023 $141,785 $7,542,990 $0 $0
2022 $135,470 $7,323,300 $0 $0
2021 $131,678 $7,110,000 $1,134,000 $5,976,000
2020 $87,537 $4,713,740 $1,134,000 $3,579,740
2019 $27,251 $1,764,000 $1,764,000 $0
2018 $25,151 $1,764,000 $1,764,000 $0
2017 $24,329 $1,071,880 $0 $0
2016 $34,437 $1,794,040 $0 $0
2015 $32,437 $1,642,650 $0 $0
2014 $10,141 $537,090 $0 $0
2013 -- $1,260,900 $819,000 $441,900
Source: Public Records

Agents Affiliated with this Home

  • Jim Marlock

    Seller's Agent in 2020

    Jim Marlock

    Fidelity Real Estate LLC

    (954) 205-6673

    2 in this area

    32 Total Sales

    Jim Marlock
    Section Image
  • Rory Vanucchi

    Seller's Agent in 2014

    Rory Vanucchi

    Florida Luxurious Properties

    (954) 449-7886

    3 in this area

    39 Total Sales

    Rory Vanucchi
    Section Image

  • S

    Seller Co-Listing Agent in 2014

    Suzanne Wright

    Premier Estate Properties Inc.

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10183246

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-11-09-0010

Florida Broward County Fort Lauderdale 33301 Seven Isles

500 Desota Dr, Fort Lauderdale, FL

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