NOT LISTED FOR SALE

515 Mola Ave Fort Lauderdale, FL 33301

Las Olas Isles Neighborhood

Estimated Value: $1,937,000

0.84 Acre
$2,305,952 Price per Acre
36,590 Sq Ft Lot

Last Sold March 15, 2019

Last sale price $7,250,000 $1,674 Per Sq Ft

Current estimated payment $12,491/month

42 Days on Market

Highlights

  • Waterfront Tip Lot
  • River View
  • Canal Access
  • Harbordale Elementary School Rated A-
  • 0.84 Acre Lot

About This Lot

As of March 2019

Spectacular Las Olas/New River point lot, this is an unsurpassed location to build the yachting estate of your dreams. With a total of +/- 616' of deep water frontage, including +/- 176' on an extremely wide (+/- 140') protected side canal, you can dock a mega yacht at your doorstep and still enjoy the breathtaking river views. This outstanding location is just moments by boat to the Intracoastal and an easy walk or bike ride to Fort Lauderdale Beach as well as Las Olas dining, shopping and nightlife.

Last Agent to Sell the Property

Tim Elmes

Compass Florida, LLC License #486943 Listed on: 01/01/2019

Compass Florida, LLC

Last Buyer's Agent

Timothy Elmes

Coldwell Banker Residential RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $107,762

Lot Details

  • 0.84 Acre Lot
  • Waterfront Tip Lot
  • River Front
  • North Facing Home
  • Site Plan Filed
  • Property is zoned RS-8

Property Views

  • River Views

Listing and Financial Details

  • Assessor Parcel Number 504211260010

Community Details

Overview

  • Punta Riva 15 24 B Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$107,762

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Special Features: VirtualTour

Exterior Features

  • View: River, Water
  • Lot Features: <1 Acre
  • Waterfront Features: Canal Access, Point Lot, River Front, Water Access
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 504211260010
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.84
  • Lot Size Sq Ft: 36626.0
  • Number Of Lots: 1
  • Zoning Description: RS-8
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 107762.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2019
Closed on
Mar 15, 2019
Sold by
Pointe Of Palms Llc
Bought by
Wells Barbara S and Ulmer James L
Seller's Agent
Tim Elmes
Compass Florida, LLC
Buyer's Agent
Timothy Elmes
Coldwell Banker Residential RE
List Price
$7,980,000
Sold Price
$7,250,000
Premium/Discount to List
-$730,000
-9.15%
Current Estimated Value
$1,937,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,313,000

Purchase Details

Listed on
Jan 1, 2019
Closed on
Mar 14, 2019
Sold by
Weymouth Mary Rebecca Victoria
Bought by
Wells Barbara S and Ulmer James L
Seller's Agent
Tim Elmes
Compass Florida, LLC
Buyer's Agent
Timothy Elmes
Coldwell Banker Residential RE
List Price
$7,980,000
Sold Price
$7,250,000
Premium/Discount to List
-$730,000
-9.15%

Purchase Details

Closed on
Feb 22, 2011
Sold by
Weymouth Mary Becca Victoria and Lochrie Robert B
Bought by
Pointe Of Palms Llc

Purchase Details

Closed on
Dec 1, 1990
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wells Barbara S $7,250,000 Attorney
Wells Barbara S -- Attorney
Pointe Of Palms Llc -- Attorney
Available Not $7,857 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $7,250,000 -9.1% $1,674 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
01/01/2019 01/01/19 For Sale $7,980,000 -- $1,843 / 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
2020 $109,691 $6,436,790 $6,409,550 $27,240
2019 -- $4,971,750 $4,944,510 $27,240
2018 -- $5,818,890 $4,944,510 $874,380
2017 -- $5,818,890 $0 $0
2016 -- $1,484,490 $0 $0
2015 -- $1,474,180 $0 $0
2014 -- $1,462,490 $0 $0
2013 -- $4,149,330 $3,662,600 $486,730
Source: Public Records

Agents Affiliated with this Home

  • Tim Elmes

    Seller's Agent in 2019

    Tim Elmes

    Compass Florida, LLC

    (954) 522-2803

    13 in this area

    121 Total Sales

    Section Image

  • T

    Buyer's Agent in 2019

    Timothy Elmes

    Coldwell Banker Residential RE

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10155323

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-11-26-0010

Florida Broward County Fort Lauderdale 33301 Las Olas Isles

515 Mola Ave, Fort Lauderdale, FL

This home is located at 515 Mola Ave, Fort Lauderdale, FL 33301 since 01 January 2019 and is currently priced at $1,937,000, approximately $447 per square foot. 515 Mola Ave 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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